Thirty-three years after the 1989 Revolution, after foreign investments of EUR 100 billion and with a 10-fold increase in GDP, Romania, an EU country for 16 years and NATO for 19 years, is abandoned by the best people, has an education system that does not prepare the future workforce, an insufficiently developed financial system, does not sufficiently support the private sector, and the poverty rate remains the highest in the European Union, according to an updated
Real estate investor-developer Hagag Development Europe said it is entering the hospitality market in Romania with its first hotel project in Bucharest, developed in partnership with Radisson Hotel Group. The future hotel, Radisson RED Bucharest Old Town, will be the first Radisson RED in the country. The project involves a EUR 13 million investment and […]
The prosecutors investigating the theft of the Dacian gold treasure from the Drents museum in Assen, Netherlands, believe that the items were not melted down but hidden by the arrestees. The Dutch Public Prosecutor's...
NAGA, the Frankfurt Stock Exchange-listed fintech active in over 100 countries, launches NAGA Earn, a new service aimed at investors looking to earn a return on idle cash sitting in trading accounts. With NAGA Earn, users receive a benefit similar to interest, applied directly to the available cash balance of their euro trading accounts, with […]
Update: Andrei Muraru, the Romanian ambassador to the United States, has responded to the statements made by George Simion, the AUR presidential candidate, who thanked the US for not including Romania in the Visa Waiver Program. He said that Simion’s remarks reflect a blatant disregard for Romania’s national interest and the rights of Romanian citizens, adding that […]
In an attempt to demonstrate the support he enjoys from the US administration in his race for the Romanian presidency, far-right candidate George Simion claimed that the Homeland Security Department had congratulated him after his win in the first round, according to
After initially seeming to back Romanian isolationist presidential candidate George Simion for the presidential elections in Romania, along a common geopolitical orientation, Hungary's prime minister Viktor Orban admitted that the Hungarian party in Romania (UDMR) – which already opted firmly against Simion – has the final word on this matter. This is important for the […]
