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canceled trains

CFR Călători's "historic" profit has melted away: record losses, masked by huge subsidies

Traian Preoteasa blames ARF: 30 million lei missing from CFR Călători's revenues

The Railway Reform Authority (ARF) signed an addendum with Alstom last year, establishing a new delivery schedule for Coradia trains, which should have reached the state passenger rail operator as early as 2024, Traian Preoteasa, the general...

Traian Preoteasa blames ARF: 30 million lei missing from CFR Călători's revenues

Debt, deficit, political instability: Fitch revises Romania's outlook to negative

The second half of 2024 represented a critical turning point for Romania's economy and political stability. In an attempt to counter the ever-expanding budget deficit and ensure macroeconomic balance, the government implemented a series of...

Record: Wind gusts of 183 km/h in Ireland

Ireland is facing a major crisis caused by Storm Eowyn, which brought extremely violent winds, reaching an all-time record of 183 km/h on the west coast. More than 500,000 households were left without power, and the country is paralyzed by these...

ECA report: Money from PNRRs has a very hard time reaching the real economy

The European Commission paid to the EU member states, in the first three years, of the total amount of 724 billion euros foreseen in the Recovery and Resilience Mechanism (RMR), only 213 billion euros, which represents only a third of the funding...

Natural phenomena cancel hundreds of flights

Airplane traffic is once again disrupted by natural phenomena. Mount Etna has erupted, causing the closure of the airport in Catania, on the eastern coast of Sicily, the Italian Institute of Geophysics and Volcanology (INGV) reported, informs...