Romania’s accession to Schengen (land borders) as soon as possible is in Hungary’s national interest, stated the head of diplomacy in Budapest, Peter Szijjarto on Monday in front of the commission for national cohesion of the parliament adding that the government he is part of hopes that this will happen before the end of the Hungarian presidency of the EU Council (31st December), says the Hungarian news agency MTI.He showed the difficulties resulting from the fact that Romania is not fully part of the Schengen area, Szijjarto saying that ‘Romania took all necessary preparation measures’ in order to be accepted, as the Brussels experts’ evaluation showed, and the almost unanimous support of the EU members. When referring to Austria’s refusal to support Romania’s accession to the Schengen area, the Hungarian minister said that this is an exemple of applying double standards. ‘ Usually, when we refuse to support something, this is immediately seen as a breach of the ideals of the founding fathers and a shocking dissidence towards the European unity (…) but, when a Western European country does the same thing, it is considered the legitimate implementation of the rights coming from the EU treaties’ stated Peter Szijjarto.He said that the Hungarian government is in permanent consultations with Austria, but ‘the domestic situation in Austria has become unstable after the recent elections which were not won by the forces governing until now.Even so, the winner is not given the chance to form a government’ he added.Szijjarto stated that Hungary is among the supporters of the European action for Romania and Bulgaria to access fully the Schengen area as soon as possible. Romania’s accession would be, similarly, ‘in complete accordance’ with the interests of the Hungarian community of Romania, the Hungarian minister said.
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
