The European Commission announced on Monday that they approved an investment of over 175 million euro from the Fund of cohesion for the modernisation and installation of a new drinking water and waste water infrastructure in Olt county. ‘The Commission approved an investment of over 175 million euro from the Cohesion Fund for the modernisation and installation of a new drinking water and waste water infrastructure in Olt county, Romania. The new infrastructure will reduced the leakages and interruptions in water supply, thus contributing to meeting the requirements of the EU Directive regarding drinking water to Romania’ the European Commission said. This investment from EU funds will contribute to the socio-economic development at local level through the improvement of the living standards of the inhabitants in the rural areas and by the creation of work places both in the construction stage and in the placing into service stage. ‘The project is a perfect example of the way in which the cohesion policy brings direct benefits to the European citizens, keeping and protecting the environment and promoting the efficient use of the resources’ the Commissionaire for cohesion and reforms, Elisa Ferrreira said. The waste waters grid will be extended by 259.08 km, and with 37.87 km will be improved in the existing system. At the same time, another 64.41 km of evacuation pipes will be installed and ten pumping units for waste waters will be modernized and another 156 new units will be built.
The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
