The minister of energy, Virgil Popescu stated on last Friday, after the meeting with the Turkish president Recep Tayyip Erdogan, in Istambul, that in the present geopolitical and security context partnership is a priority, and the energy resources should not be used as blackmail weapons, and Romania supports the development of the Gas Southern Corridor. ‘Together with vice-prime minister -minister Sorin Grindeanu we had a working meeting with the president of the Republic of Turkey, Recep Tayyip Erdogan’ said Virgil Popescu in a post. The minister states that he focused on the strenghtening of the cooperation in the domain of energy, in the Strategic Partnership between Romania and Turkey. "In the current geopolitical and security context, partnership is a priority and energy resources must not be used as blackmail weapons. I told him that Romania supports the development of the Southern gas Corridor and we encourage the partnership between the two States to diversify supply routes," Virgil Popescu said. ‘
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
