Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5.  Schengen: Austria's veto is not directed against Romania,...

 Schengen: Austria's veto is not directed against Romania, but against the system, says European Affairs Minister

October 16, 2023

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.

Read in full - click here
Hungarian firm Train Europe acquires majority stake in Romanian rolling stock company

Hungarian railway company Train Europe has acquired a 76% stake in Romanian rolling stock manufacturer Petroutilaj-3DRD from French firm Chemins de Fer Départementaux (CFD), Ziarul Financiar reported in April, citing a transaction finalised in January 2025. The acquisition marks a strategic expansion...

Romania affirms 7%-of-GDP public deficit target this year and the 7-year fiscal consolidation plan

In a comment to the Eurostat releasing Romania's public deficit under the ESA methodology at 9.3% of GDP, the Ministry of Finance affirmed its commitment to stick with the 7%-of-GDP deficit target for this year and with the 7-year fiscal consolidation plan agreed with the European Commission under the Excessive deficit procedure. "Romania reaffirms its […]

Romania's record 9.3%-of-GDP ESA public deficit in 2024 exceeds estimates by 1.4pp

Romania posted the widest general government budget deficit among the European Union member states, 9.3% of GDP (6.6% in 2023) – nearly three times the EU average (3.2%), according to data published by Eurostat. On the upside, the country's public indebtedness, although rising at a fast pace, remains well below the EU's average. The gap […]

IMF expects Romania to deviate significantly from fiscal consolidation plans

Romania's general government budget deficit, expressed in cash terms, will narrow from 8.6% of GDP in 2024 to 7.8% of GDP this year, versus a 7.0% target that remains untouchable for another two years (2026-2027), according to the updated forecast of the International Monetary Fund (IMF) published along with the latest World Economic Outlook edition […]

Over 1 million Romanians celebrate name day on Saint George’s Day

Over one million Romanians celebrate their name day on April 23, honoring Saint George (Sfântului Gheorghe in Romanian), one of the most venerated saints in Orthodox Christianity.  According to the General Directorate for Persons Records, quoted by Agerpres, the most common male names associated with this celebration include...

Romania to host its first tournament organized by the International Padel Federation

The first padel club in western Romania, Padel Center, will host the first padel tournament within the official calendar of the International Padel Federation (FIP) organized in Romania and the Balkans. The FIP SILVER ROMANIA tournament will take place from May 26 to June 1, on the Padel Center courts in Dumbrăvița (6 Praga Street), […]