Social/Politics
Romania Gets EUR34M From EU Solidarity Fund To Cover Damages Caused By Drought, Wildfires In 2022
The European Commission has approved EUR33.9 million from the European Union Solidarity Fund (EUSF) to support Romania in addressing the extensive damages caused by droughts and wildfires in...
World Bank: Climate Change Mitigation Actions In Romania To Involve Consumer Price Hikes And Tax Increases
Climate change mitigation efforts in Romania will require public support as they entail increases in consumer prices and/or taxes, as per a World Bank report dedicated to Romania.
European Commission Endorses Romania's EUR28.5B Modified Recovery And Resilience Plan
The European Commission has given a positive assessment of Romania’s modified recovery and resilience plan, which includes a REPowerEU chapter.
Arthur Hunt: 31% Of Romanians Doubt They Will Be Able To Keep Current Job Or Similar One Until The Age Of 60
Almost one third of employees in Romania (31%) expressed doubt that they will be able to keep their current job or a similar one until the age of 60, which is 4% above the EU average, as per...
Romcarbon Signs Financing Contract With Education Ministry For Dual Education Project
Plastic packaging maker Romcarbon (ROCE.RO) has signed with the Ministry of Education a financing contract related to the de minimis aid, in the amount of RON50,000, as a partner in the proj...
EBRD Lends EUR15M To Romanian City Of Timisoara
The European Bank for Reconstruction and Development (EBRD) is providing an additional EUR15 million in financing to the city of Timisoara to co-finance, alongside the European Union (EU), t...
Romania's Wine Production Up 15% In 2023 And 4% Above Average Of Last Five Years
Romania produced 4.4 million hectoliters of wine in 2023, 15% more than in 2022 and 4% more than the average of the last five years, consolidating its position as the sixth largest wine prod...
Deloitte: Global Leaders See Geopolitical Challenges, Inflationary Trends, Increased ESG Expectations As Top Risks Impacting Their Third-Party Relationships
Global leaders view geopolitical challenges (61%), inflationary trends (46%) and concerns about their ability to meet increased environmental, social, and governance (ESG) expectations (40%)...
KeysFin: 2023, A Record Year For Romanian Agriculture
The turnover of Romanian companies operating in the agricultural saw the second largest nominal annual increase in the last ten years, of over RON8 billion, touching a record high of RON68 b...