Romania Secures EUR2B Funding From World Bank GroupRomania will receive EUR2 billion in funding for major investment projects, among which almost EUR1 billion for the retooling of Reactor 1 at the Cernavoda Nuclear Power Plant and EUR495 million for Transgaz projects, following talks between Finance Minister Alexandru Nazare and representatives (…)
‘Open Streets' returns to Bucharest with expanded pedestrian zones and cultural eventsThe “Open Streets – Bucharest” program will return this weekend, on April 25, transforming central areas of the Romanian capital into pedestrian spaces every weekend until October. The initiative, now in its sixth edition, is one of the city’s largest cultural projects and is expected to attract (…)
Social Democrats to submit bill banning sale of shares in profitable state-owned companiesThe Romanian Social Democratic Party, or PSD, announced on Monday, April 20, that it will submit a draft law to Parliament banning the sale of assets in profitable state-owned companies for two years, despite agreeing earlier to sell minority stakes in the same enterprises as envisaged by the (…)