The minister of foreign affairs, Bogdan Aurescu welcomed the adoption by the European Union of new sanctions for Byelorussia, stating that they will target the officials of this country, military and certain economic sectors. He also said that the coordination with partners who think in the same way to support Ukraine should continue. The European Union approved new sanctions against Byelorrusia for the support offered to Russia in the invasion of Ukraine, announced on Wednesday the French presidency of the EU Council. The sanctions will target ‘ some economic sectors, especially in the wood industry, steel and potassium export," Reuters reports. An official of the EU stated this week that the new sanctions against Minsk have the role, among others, to stop the export of any Byelorussian goods to the EU, besides the ones which are already the object of sanctions imposed by the Union to Byelorrusia, after president Aleksandr Lukashenko repressed public protests following the elections of 2020.
The presidential elections in Romania on May 18 may mark the most important political change since the fall of communism in 1989, with two scenarios radically different: a thorough radical political reform of mainstream parties, complicated by tight economic constraints, and the rise of radical political entities that increasingly resemble the hard-right movement of the […]
Romanian leading tour operator Paralela45 announced the merger with Rainbow Tours Polonia, one of the largest players in Poland, and is counting on increasing its market share in the coming years, according to Economica.net. Paralela45 signed a preliminary agreement on the merger with Rainbow Tours of Poland on May 15. ...
Romania’s average net wage increased by 9.8% y/y to RON 5,457 (EUR 1,097) in the first quarter of 2025, according to data published by the statistics office INS. In real terms, the annual growth rate was 4.8% – significant in absolute terms but the weakest in seven quarters. The net wage in Romania leaped up […]
The European Commission could trigger the formal procedure of temporarily suspending European funds for Romania, including money from the Resilience Facility, in June, according to sources consulted by G4media.ro. The...
Hollywood actor Sebastian Stan and swimming champion David Popovici, two of Romania’s most prominent international figures, have called on Romanians to vote in Sunday’s presidential runoff, where independent candidate and Bucharest mayor Nicușor Dan faces George Simion, the leader of the far-right party AUR. Sebastian Stan, who won a Golden Globe for...
Exim Banca Romaneasca diversifies its product portfolio and launches the Mastercard World card in EURO, a tool that enhances the payment experience for people who travel or work abroad, offering premium advantages, benefits, and rewards. The new EURO card from Exim Banca Romaneasca has as its main advantage the reduction of costs associated with transactions...
