Romania’s contribution to the budget of the European Union will be in 2022 of 12.878 billion lei, and in 2023 it will increase to 13.126 billion lei and in 2024 to 13.376 billion lei, according to the project regarding the Fiscal Budget Strategy for the period 2022 – 2024, published on Sunday on the site of the Ministry of Finances.‘These sums can suffer amendments, due to the technical adjustments of the indicators established in the reunion ACOR- Estimates, at the moment the new macro-economic indicators are estimated by the European Commission and other influences on the domestic and international market’ MF says.According to the commitments taken through the Treaty for accession to the EU, Romania, as a member state, takes part in financing the EU budget according to the unitary community rules which are directly applicable since the accession date. Thus, starting with 1st January 2007, Romania has ensured the payment of its contribution for the financing of the EU budget in the system of own resources of the community budget.At the same time, Romania is going to contribute to the European Fund for development with the sum of 100,189 million lei and in 2023 with 74,456 million lei and in 2024 with 64,684 million lei.According to law no.16/2008, Romania accessed the Agreement, signed in Luxembourg on 25th June 2005, for the amendment of the Agreement for partnership with the members of the group of the states in Africa, the Caribbean and the Pacific (ACP), on the one hand and the European Community and the member states on the other signed in Cotonou on 23rd June 2000. In this context, Romania has contributed to the 11th European Fund for Development (FED 11).
The 13th edition of Romanian Design Week will take place in Bucharest between May 16 and 25, 2025, with the theme "Design Tomorrow Today." According to the organizers, starting with the 2025 edition, the festival begins a transformation process, focusing on collaboration, sustainability, and a deeper connection with the city and its residents. The program […]
Kodesage, a Hungarian startup specializing in AI-powered solutions for legacy software modernization, has raised EUR 2.3 million in pre-seed funding led by PortfoLion Capital Partners. Romanian angel investors Marius Istrate and Dan Lupu, former UiPath executives, also participated in the funding round. Kodesage’s AI-powered platform streamlines modernization and accelerates employee onboarding while ensuring compliance and […]
Thousands of Romanians in the United States risk deportation at any moment under Donald Trump’s new immigration policy that targets illegal immigration, according to media reports. Less than 10 days after Donald Trump’s inauguration, over 3,500 illegal immigrants from various countries, mostly from Latin America, have already been deported, and images of them in handcuffs […]
A Memorial Route of the December 1989 Revolution will be set up in Timişoara, the western Romania city where the 1989 started. The route will include nine points marked by ground-level monuments. Where the space allows it, benches will also be added and trees planted, the Timişoara City Hall said. Each monument will feature a […]
Eltra Logis, one of the main players in the niche logistics, transport and storage market, plans to expand its warehouse capacity by another 10,000 sqm, reaching a total of 20,000 sqm in the near future. This expansion will enable the company to meet the growing demand from businesses and strengthen its market position, continuing to […]
A group of Romanian citizens stranded in the North Kivu region of the Democratic Republic of Congo due to military conflict has been successfully evacuated from the country, but not before some of them were filmed being threatened by the advancing rebels. The Romanian citizens were working as private contractors for the Congolese government, training […]
