The season of Christmas markets and fairs kicks off this week in Sibiu, Craiova, and in Bucharest, while an exhibition on Caravaggio's influence opens in Timișoara.
Liberal MEP Siegfried Muresan, from the European People's Party group in the European Parliament, was appointed chief negotiator for the future EU multiannual budget, post 2027, by political groups, a press release of his office informs. The EU multiannual budget extended for 7 years, has a about 1.3 trillion euros and is the intrument from which Romania receives most of European nonrefundable funds for investments and farm subsidies. From the present multiannual financial exercise, 2021-2027, Romania benefits about 46 billion euros, which means 16.5% of the country's GDP. Siegfried Muresan is the first Romanian MEP holding that position. “The elaboration of the EU multiannual budget for the next 7 years will be the most important decision made by the present EP legislature. That is why I am happy to have received this important role and I thank my colleagues for appointing me.In this important legislative work I will use my whole experience gained at chief negotiator of EU annual budgets of 1028 and 2024, as well as as chief negotiator of the EU Recovery and Resilience Facility of 800 billion euros, which also finances Romania's National Plan of Recovery and Resilience,” said Muresan. He pointed out that, as Romanian MEP, his main purpose will be to defend Romania's interests and obtain the highest possible level of European funds for this country. The liberal MEP mentions that “it is important to offer adequate financing to traditional EU priorities, such as agriculture and cohesion. The adequate financing of agriculture is needed to guarantee Europe's food safety. Cohesion is the main instrument to reduce economic differences among member countries. We still need these policies in Europe. They are very important politicesespecially for Romania and I will defend them in negotiations. At the same time we must make sure that the future multiannual busget is better prepared t finance unforeseen crises, such as the beginning of war in Ukraine.” Last but not least, Muresan considers that “in the context of new objectives in the EU extension policy, we mus make sure that we have adequate resources to back new candidate states, such as Moldova and Ukraine.” Owing to the high importanceof this file, there will be two EP chief negotiators. Muresan was appointed negotiator by the EPP group and in the near future a negotiator will be appointed by the European Socialist group, the second largest in the European legislative.
The season of Christmas markets and fairs kicks off this week in Sibiu, Craiova, and in Bucharest, while an exhibition on Caravaggio's influence opens in Timișoara.
Electrical cable manufacturer ELECTROPLAST is carrying out an investment project estimated at over EUR 9 million for modernizing the production unit and expanding its facilities. This investment project will triple production capacity and lead to reduced electricity consumption and carbon footprint. ELECTROPLAST is participating in the modernization of Romania's railway infrastructure. The company recently contracted...
Following an investment of EUR 2.5 million in the renovation and refurbishment of a historic building in the Rosetti Square area in downtown Bucharest, the InStil Hotels group, owned by the Alecu family, is diversifying its portfolio with a new 4-star boutique hotel property. Named Ecletico Villa, the property offers 18 rooms. The new boutique […]
The rising labor costs, the recruitment process, and the retention of experienced employees are the main challenges for business services companies active in the country, according to the 2024 report of the Association of Business Service Leaders in Romania (ABSL). According to ABSL data, all companies reported salary increases this year, and the estimated growth […]
MerchantPro, local SaaS eCommerce platform, analyzed the performance during the week leading up to Black Friday 2024, confirming the establishment of Black Week as an extended shopping event that captures consumer interest over seven days. Data collected from a sample of approximately 1,000 local online stores shows a 5% increase in the number of orders...
The sixth edition of the Classix Festival takes place in Iași between February 23 and March 2, 2025. According to the organizers, the event's new concept, Revelations!/Revelații!, "outlines moments of profound clarity, unexpected inspirations, and mind-blowing discoveries." "After previous editions focused on the discovery of desires (2024), metamorphoses (2023), and the primal instinct of music […]