U.S. Representative to the United Nations Linda Thomas-Greenfield will travel to Moldova and Romania April 2-4 to focus on Moldova and Romania’s efforts to assist refugees coming from Ukraine and the humanitarian needs created by the Russian Federation’s aggression and war against Ukraine. Ambassador Thomas-Greenfield will meet with government officials, including those engaged in the humanitarian response, to learn more about their efforts to welcome and support people displaced by the conflict. Ambassador Thomas-Greenfield will also meet with Ukrainian refugees in both countries to hear about their experiences firsthand, as well as hold meetings with NGO partners and United Nations agencies working to aid the refugee population. According to the UN, more than 90 percent of refugees who have fled Ukraine are women and children. According to the UN, over 600,000 Ukrainians came to Romania and 388,000 to Moldova since the beginning of the Russian invasion on February 24, Reuters notes.
Romania has become the EU country with the highest unemployment rate among young people under 25 (26.3%), according to official Eurostat data published in December 2024 and analyzed by the Social Monitor, a project of the Friedrich Ebert Foundation Romania. Thus, Romania surpassed states such as Spain and Greece, where youth unemployment has always been […]
In its half-year report for the second half of 2024, TikTok said it blocked 33,000 spam accounts in Romania and nearly 100,000 fake accounts. It highlighted its intense activity in blocking fraudulent activity related to Romania, particularly during the electoral campaign, indirectly admitting the...
Moldovan president Maia Sandu has acknowledged that some local entrepreneurs are transferring capital to Romania due to its stability as a European Union and NATO member state. Speaking about the country's economic stagnation in 2024, when GDP grew by only 0.1%, and the technical recession in the second half of the year, Sandu highlighted concerns […]
Battery Energy Storage Systems (BESS) are set to become a central component of Romania's power system, according to Oxford-based Aurora Energy Research, whose analysts see investments in Romania's BESS totaling several gigawatts of capacity and several billion euros over the next decade. Aurora pointed to both the opportunities and the risks and uncertainties associated with […]
Romania’s insurance market grew by 11% year-on-year in 2024, reaching a total gross written premium volume of RON 23.4bn (EUR 4.7bn), according to a report published on 1 April by the Financial Supervisory Authority (ASF). General insurance accounted for 81% of total underwritings, while life insurance represented 19%. The total value of insurance premiums for […]
Romania’s authorities are reportedly negotiating with Turkish company Desan Shipyard, which is pondering the option of taking over the activity of Damen Shipyards Mangalia, abandoned last year by its 49% strategic shareholder Damen and currently under insolvency, according to
