The Austrian minister for European Affairs, Karoline Edtstadler (the People’s Party, OVP) reiterated on Friday Austria’s worries connected to an extension of the Schengen area, after the government in Bucharest threatened to sue Viena if they do not give up their veto as regards Romania’s accession to Schengen, says the Austrian agency APA.‘The Austrian veto as regards Schengen is not directed against Romania, but against a system which does not function anymore’ said on Friday Karoline Edtstadler, when answering a request on the part of APA.The Austrian minister showed understanding for Bucharest’s position’ We respect the position and we understand the interests of our Romanian partners. At the same time, we cannot close our eyes and extend a system which is already faulty’ she said.The European Union should 'do its homework and make EU border protection work. Only secure borders on the outside make our vision of a borderless Europe on the inside possible', Edtstadler added. As regards the Austrian minister of internal affairs, Gerhard Karner (OVP) reacted showing the increasing number of migrants to Europe:’ At such a moment, it seems senseless to talk about the extension of the Schengen area. We need more not less control’ he said.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
