Romania sent to the European Commission a portfolio of projects meant for the development of the defence industry and increase of military mobility, through the Security Action for Europe (SAFE) mechanism.According to a Government press release, approximately 70pct of the projects attached to the application submitted by Romania include purchases of military equipment for the development of the national defence industry, with the remaining 30pct earmarked for increasing military mobility in terms of transportation and logistical connectivity."At the Chancellery of the Prime Minister, we have concluded Romania's application for the SAFE programme (...). The goal we seek is to develop the national defence industry, transport infrastructure and logistical interconnection," head of the Chancellery of the Prime Minister Mihai Jurca stated.The project proposals were established within the Working Group set up by the Decision approved by Romania's Supreme Council for National Defence (CSAT) on April 30, 2025, and led by the Prime Minister's Chancellery, in close consultation with the Presidential Administration team, the Ministries of National Defence, Interior, Economy, Transport, and other institutions in the national defence, public order and national security system.The SAFE instrument is a temporary EU financial instrument, with a budget of 150 billion EUR, consisting of loans. The essence of this programme consists in the European solidarity regarding the need for modern and resilient collective defence, by stimulating industrial cooperation, reducing fragmentation and creating an efficient single market for defence equipment.The borrowing is granted based of a national defence industry investment plan approved by the European Commission and the funds can be used until December 31, 2030.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
