The chair of the Authority for Financial Supervision Misu Negritoiu was chosen for a two and a half year mandate as a member of the Board of the European Authority for Insurances and Occupational Pensions (EIOPA) according to a press release of ASF. The institution says that the decision was taken during the reunion in Frankfurt of 2 December 2015 of the Council of EIOPA supervisors (Board of Supervisors) the decision-taking forum of the Authority. Romania is represented for the first time at this level in the European authority for regulation, as well as ESMA (The European Authority for Markets and Securities) and EIOPA. ‘I am convinced that we could contribute significantly to the improvement of the European regulation framework, especially through the exercises which we developed for the first time on the regulated markets of Romania’ Misu Negritoiu said. The EIOPA board is made up of the chairman of the Authority and six members ( representatives of the supervision authorities in Belgium, France, Germany, Italy, Romania and Slovakia) out of the 28 members of the Council of Supervisors EIOPA. The Board of EIOPA proposes, for adoption, to the council of supervisors the annual and multi-annual working programme of EIOPA and approves and sends to the council of supervisors for adoption the estimate for income and expenditure for the following financial year. The European Authority for Insurance and Occupational Pensions is part of the European System for Financial Supervision and is an independent body with consultative role of the European Parliament, the council of the European Union and the European Commission. The main objectives of EIOPA are the promotion of the stability of the financial system, of the transparency of markets and financial products, as well as the protection of the owners of insurance policies, of the members of pensions schemes and their beneficiaries.
President Nicușor Dan presented Romania’s new National Defense Strategy on Wednesday, November 12, identifying weaknesses in public administration and corruption as key national vulnerabilities, Biziday.ro reported. The strategy, set to open for public debate, is scheduled for review by the Supreme Council of National Defense (CSAT) later this month, on November 24, before being submitted […]
The second-largest pot in the history of the Romanian lottery game 6/49 was won by a 30-year-old engineer from Arad, who spent RON 12 (EUR 2.3) on a ticket online. He collected the roughly EUR 9.6 million in prize money on Tuesday, November 11. “The winner of the First Category Prize in the Loto 6/49 game […]
Romania has made notable progress in combating human trafficking, but additional efforts are needed to protect vulnerable groups from trafficking risks, identify and assist victims, and punish the perpetrators, according to a new report published by the Group of Experts on Action against Trafficking in Human Beings (GRETA) of the Council of Europe. The report evaluated the […]
Romanian deeptech company .lumen announced that its glasses for the blind have been named a CES 2026 Innovation Awards honoree in the Accessibility & Longevity category. Owned and produced by the Consumer Technology Association (CTA) in the US, the awards recognize outstanding design and engineering across 36 product categories. ...
The European Commission has officially recognized Cârnați din topor din Vâlcea as a Protected Geographical Indication (PGI) product, making it the 15th Romanian product to receive this European distinction. Produced in Vâlcea County, these traditional pork sausages are made from 80% meat and 20% fat, hand-chopped with a hatchet into large, uneven cubes, then smoked […]
District 4 mayor Daniel Băluță, backed by the governing Social Democratic Party (PSD), is the favorite in the race for the Bucharest City Hall, according to a poll conducted by Avangarde at the beginning of November 2025. The Bucharest mayoral elections will take place on December 7, and all major parties have put forth candidates for […]
