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Interim president Ilie Bolojan has signed a decree awarding Gheorghe Hagi the National Order of the “Star of Romania” in the rank of Knight, which is the country’s highest distinction. The honor recognizes Hagi’s outstanding football career and his active role in promoting the sport among younger generations. Hagi, widely regarded as Romania’s greatest footballer,…

Interim president Ilie Bolojan said that the positioning of US troops in Europe will be reassessed, while Romania plans to gradually increase its defense spending as a share of GDP. Speaking in a live interview with Digi24, he stated that Europe remains reliant on the United States for security, emphasizing that the transatlantic defense framework…

International rating agency Fitch affirmed Moldova’s long-term foreign currency issuer default rating (IDR) at B+ with a stable outlook on March 7, balancing the relatively low public debt and relatively high GDP per capita against the geopolitical risks due to the war in neighboring Ukraine and a structurally weak external position (current account gap, debt).…

Romanian energy minister Sebastian Burduja signed on March 10, in Budapest, with the Hungarian minister of foreign affairs and trade Péter Szijjártó, the agreement between the governments of the two countries on “solidarity measures to ensure the security of natural gas supply.” “Romania and Hungary take the responsibility to react quickly in crisis situations in…

The European Parliament (EP) has approved the establishment of a liaison office in Chisinau, following a proposal by the president of the Parliament of the Republic of Moldova, Igor Grosu, according to Digi24. The decision, announced on March 10 by Romanian MEP Siegfried Mureșan (EPP/PNL), is aimed at supporting Moldova’s European integration efforts and countering…

Romania’s far-right politician Calin Georgescu, who won the first round of the presidential elections last autumn and tops the polls ahead of the repeat May ballot, has appealed to the Constitutional Court (CCR) the electoral authority’s negative response to his presidential candidacy. At the same time, CCR received an appeal to the electoral authority’s approval…

Turkish commercial vehicle and defense manufacturer Otokar has announced the opening of a subsidiary in Romania (Otokar Land Systems) after it won, in partnership with local company Romtehnica, a contract worth EUR 857 million (VAT excluded) for over 1,000 4X4 armored vehicles with the Ministry of Defense. According to the contract, most of the vehicles…

A high-level delegation from the US state of Utah, consisting of representatives from the aerospace, defense, and cybersecurity industries, conducted a strategic visit to Romania from March 3 to 7. The trade mission aimed to strengthen the economic and strategic partnership between Romania and the United States, explore investment opportunities, and develop projects in the fields…

Emma Group, controlled by Czech businessman Jiří Šmejc, will take over the Romanian company Diamedix Impex, specialising in marketing a wide range of reagents and equipment for diagnostic techniques, after the Romanian competition body cleared the deal. The GED investment fund, which about 15-20 years ago was an important player in the financial investor segment…

Hanul lui Manuc, Carul cu Bere, Curtea Berarilor, and Arcade Cafe, all very well-known restaurants located in Bucharest’s central and touristic Old Town, were temporarily closed by inspectors from the National Authority for Consumer Protection (ANPC). Inspectors found multiple violations, including improper food storage, unsanitary kitchen utensils, and frozen food with ice deposits. Fines totaling…