Category: Uncategorized
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ISW: George Simion’s victory in Romania “could advance Kremlin objectives”
The US-based Institute for the Study of War argued in a recent analysis that a victory for the far-right presidential candidate in Romania, George Simion, would advance policies that would support the Kremlin’s objectives in Ukraine, along with its narratives about Ukraine and Moldova. The ISW is a non-partisan, non-profit, public policy research organization that…
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Romania’s currency sinks 2% amid political turmoil
The National Bank of Romania (BNR) announced on May 6 a mid-day official exchange rate 1.2% d/d weaker for the local currency, which kept losing ground during the day to stabilize around RON 5.1 to euro or 2% down from just under RON 5.0 to euro seen in the past over a long period. The…
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Romania opens talks with Kazakhstan on 10-year uranium supply deal
Romania has initiated discussions with Kazakhstan for a long-term uranium supply agreement to secure fuel for its nuclear energy program, News.ro reported on May 6. The announcement was made by Casian Niţulescu, Secretary of State at the Ministry of Energy, following a bilateral working group meeting in Astana. The proposed 10-year deal would be signed…
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Romania’s 2024 grain crop falls to lowest level in a decade
Romania recorded its lowest cereal production in ten years in 2024, harvesting 17.87 million tons, a 14.7% decrease compared to 2023, Economica reported on May 7, citing data from the National Institute of Statistics (INS). The drop was driven primarily by significant declines in wheat, maize, and oilseed outputs. This is the lowest cereal grain…
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Romania secures emergency gas import facility with Turkey
Romania has signed its first memorandum with Turkey for bilateral cooperation in the energy sector, including an emergency natural gas import facility of up to 4 million cubic meters per day that Romania may use when needed, Energy Minister Sebastian Burduja announced, according to HotNews. Regarding the origin of the gas, Burduja implied it’s better…
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Moldova’s pro-EU ruling party backs Nicușor Dan in Romanian presidential runoff
The ruling Action and Solidarity Party of pro-EU President Maia Sandu in Moldova has decided to support Nicușor Dan in the second round of the Romanian presidential elections, after it previously provided support to Liberal (PNL) candidate Crin Antonescu on the grounds of PAS’ membership in the European Popular Party (EPP), according to Deschide. The…
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Achieve your dream university destination with the British School of Bucharest’s University Guidance Services
The British School of Bucharest (BSB) proudly announces that its University Guidance Services are now open beyond the walls of BSB for students worldwide. Tailored for those applying to universities in the UK and Europe, these services reflect BSB’s 25 years of educational excellence, helping students discover the best academic path for their goals. The…
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Romania postpones talks with European Commission on revising recovery plan amid government crisis
Romania has postponed a planned visit to Brussels initially scheduled for May 7–8 to discuss revisions to its National Recovery and Resilience Plan (PNRR), Economedia reported, citing sources close to the matter. The delay follows the recent government crisis that culminated in the resignation of prime minister Marcel Ciolacu on May 5. According to sources,…
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Romania’s presidential candidate Simion pledges to appoint far-right leader Georgescu as PM
Romania’s frontrunner for the May 18 presidential elections, George Simion, announced his plans, which include bringing radical far-right politician Călin Georgescu as prime minister and forming a parliamentary majority around his Alliance for the Union of Romanians (AUR) party, which has a nationalist ruling strategy. AUR currently holds 18% of the seats in Parliament, and…
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US-based healthcare startup founded by Romanian acquired by Function Health
Function Health, a personal health platform offering accessible annual lab testing, has acquired Ezra, the developer of FDA-cleared AI technology that makes full-body MRI scanning faster and more affordable. Ezra was founded by Romanian Emi Gal. Following the acquisition, the company will launch a full body MRI that cuts scan time from 60 minutes to…