Ten years after the credit crisis, the European Union demonstrates that it has learned very little on how to unite and decisively take pan-EU measures to tackle crisis and support recovery. A series of long negotiations between the major economies of the South versus the North, with the European Central Bank (ECB) awkwardly stuck in the middle, not only doesn’t address the sustainability of the European economy as a total, but it feeds, as in the last crisis, the speculative appetite of the markets towards sovereign debt of the weaker links. However, this time, EU is not called to bail out a small economy like Greece, but Italy and Spain, its 3rd and 4th largest economies, accounting for approximately EUR 3.5 trillion of its Gross Domestic Product.
Council of Europe, a continent-wide humanitarian organization, recommends that Romania put in place a national system of monitoring racist and anti-LGBTI incidents in schools. The recommendations come as the Council of Europe’s anti-racism body, the European Commission against Racism and Intolerance, published several reports, including on Romania, regarding policies and practices to prevent and combat […]
France’s minister for armed forces and veterans, Catherine Vautrin, declared on Thursday, October 30, during a press conference, that the French troops in Romania will not be downsized. The French minister was in Romania to meet with Romanian counterpart Ionuț Moșteanu. The two officials analyzed the security situation in the Black Sea region, France’s contribution […]
On the International Black Sea Day - October 31, Greenpeace Romania, in partnership with SkyTruth, launched an interactive satellite-based
The National Office for Gambling (ONJN) has added the Polymarket platform to its blacklist of unlicensed gambling operators in Romania, Ziarul Financiar announced. The decision follows a sharp increase in the platform’s activity during the recent election period. According to data published by Polymarket,...
UMB Steel, a company controlled by the family of Romanian entrepreneur Dorinel Umbrărescu, has launched renovation works at the Oțelu Roșu steel plant in Caraș-Severin County, Profit.ro reported. The facility, one of the oldest industrial sites in Romania with a history...
Grup EM, a Romanian holding active in the field of energy infrastructure with Electromontaj among its subsidiaries, announced its firm intention to list its shares on the AeRO market of the Bucharest Stock Exchange despite failing to meet the 10% free float following the IPO completed recently, Ziarul...
