Over 80 projects, with a total value of 99.67 million euro, of which 73 million euro were non-reimbursable funds, have been financed through the Romania - Republic of Moldova Joint Cooperation Programme 2014-2020, the Ministry of Development, Public Works and Administration (MDLPA) announced on Wednesday.According to the quoted source, on Tuesday, the Joint Monitoring Committee meeting regarding the closure of the Romania - Republic of Moldova Joint Cooperation Programme was held online.The review meeting aimed to present the implementation status of the programme and the results achieved by the end of the programme, by the Managing Authority.The quoted source mentions that the Romania - Republic of Moldova Joint Cooperation Programme 2014-2020 financed 84 projects, with a total value of 99.67 million euro, of which 73 million euro were non-reimbursable funds."The projects targeted investments in areas such as education, health, culture, transportation, emergency situations, as well as exchanges of experience, joint training, and common plans and strategies for the partners from both participating states. Furthermore, due to the facilities provided by the European Commission through changes in the legal framework, additional funding was granted, specifically to support those high-performing projects that were affected by the increase in construction material prices and labor costs in the area," the press release reads.As of the date of the meeting, 65.59 million euro had been paid to the beneficiaries, consisting of both pre-financing and final payments for projects that have already completed their activities. In the immediate future, as the documentation is reviewed, payments will also be made to the remaining beneficiaries.The meeting was attended by representatives of the Managing Authority (MDLPA), the Joint Technical Secretariat (BRCT Iasi), local and regional authorities from the counties and oblasts included in the programme area, as well as representatives of the national authorities from both countries and European Commission representatives.
Romanian author Mircea Cărtărescu is on the longlist for this year’s International Booker Prize, the influential award for translated fiction, with the novel Solenoid, translated into English by Sean Cotter and published at Pushkin Press. He is the first Romanian author to be longlisted for the prize, alongside 12 other authors nominated for the International Booker […]
Investors from Western Europe, particularly Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling EUR 1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. The Western European's market share accounted for […]
On Tuesday, February 25, the Bucharest Stock Exchange (BVB) granted 20 awards to listed companies, brokerage companies, as well as to private pension and investment funds for their achievements in 2024 as part of the 12th edition of the BVB Awards. In the opening speeches, stock exchange officials also highlighted the growth of the local […]
Romanian football club FCSB announced on Tuesday, February 25, that its website has been targeted by a Distributed Denial of Service (DDoS) attack, which has caused disruptions in the online ticketing process. The incident occurred as the Bucharest team was selling tickets for the match against Olympique Lyon in the Europa League round of 16. […]
The training program in sustainable development runs from April to July 2025, in 5 development regions of Romania. The postgraduate course targets over 1,200 future experts in sustainable development, who will become local leaders of change. The total value of the training program is RON 5.3 million, with funding entirely sourced from the National Recovery […]
A new report from Colliers highlights significant trends in Romania's housing market for 2025, revealing a continued rise in home prices, limited new supply, and increased demand for rental properties. The findings show that while housing deliveries fell by 15% nationwide and over 20% in Bucharest, demand increased by 7% in 2024. As a result, […]
