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Siegfried Mureşan stated: "If we expect the European Union to do more for defense and security, we must contribute more to the European budget. I am aware that the governments of the member states are currently in a difficult financial situation and will not be able to contribute more. The level of allocations for the Common Agricultural Policy and the Cohesion Policy must be at the same level, but one area where allocations must increase significantly is that of security and defense." (Photo source: facebook / Sigfried Mureşan)

Increasing member states' contributions to the EU budget - a necessity for common defense

Member States' contributions to the European Union budget could increase moderately between 2028 and 2034 given the need for more joint investments at European level for defense and security, said MEP Siegfried Mureşan, rapporteur on the...

ECA Report: The European electricity grid, outdated and with operational problems

The European Court of Auditors published a report yesterday, which shows that the European Union suffers from a chronic disease: the continent's electricity grid cannot cope with current energy production and risks being blocked at any time....

ECA: Europeans - Astra Zeneca and Pfizer guinea pigs in the case of anti-Covid 19 vaccines

The citizens of the member states of the European Union were the guinea pigs of the companies Astra Zeneca and Pfizer regarding the anti-Covid 19 vaccines, with the agreement of the European Medicines Agency (EMA), it appears from the audit...

Source: facebook / Fortele Aeriene Romane. Photo credit: Mm.IV Bogdan PANTILIMON, Statul Major al Forţelor Aeriene

The government increases the budget expenditures, wins the "composed" elections and donates weapons to Ukraine

The budget deficit continued its decline in the second financial quarter as well, its growth being a little smoother compared to the first three months of 2024. Thus, if at the end of March the budget deficit recorded for the first quarter stood...

The government increases budget expenditures; tourists can travel to Turkey without a passport

During May, the government continued to make chaotic decisions regarding budget expenditures, although the deficit after the first four months of the current year stood at 3.24% of the Gross Domestic Product, i.e. a minus of 57.29 billion lei...

Air Schengen - a hoax for the national economy

The announcement by the government officials in Vienna regarding the approval of the entry of Romania and Bulgaria into the Schengen area only with the air borders represents a measure without a major positive impact on the economic plan. While...

Rector of UMFST praises new education law

During the opening ceremony of the new academic year, Professor Doctor Leonard Azamfirei, the Rector of the "George Emil Palade" University of Medicine, Pharmacy, Sciences, and Technology (UMFST) in Târgu Mureş, expressed his approval of...

Ivan Vrhel, CEO of Citibank Romania: "I think that it will take 1-2 years to see the real impact of the crisis on the increase in the cost of lending"

FINANCIAL JUNEGovernment in a state of alert, people at ease, deficit rising

The state of alert has left its mark both on the political scene and the economic activity carried out in June. Many of the measures passed by the Government and Parliament have been aimed at further supporting the private business community and...

Isar: "The auditing of the great tax evaders will continue to be avoided"

THE FORMER AND CURRENT GOVERNMENT ARE WAGING A STATEMENT WAR CONCERNING THE STATE BUDGETIsar: "The auditing of the great tax evaders will continue to be avoided"

Reporter: PSD leader Liviu Dragnea says he found a "hole" in the budget of 10 - 14 billion lei, because of the positive rectification of November, and the technocrats are defending themselves claiming that the deficit of 2016 was...

THE "EUROPEAN FUNDS" CONFERENCE- 6TH EDITION / MIHAI HERCIU, PNDR: "We want to simplify the procurement procedures for the private beneficiaries"

For the 2014-2020 period, the authorities want to simplify the public procurement procedures for the private beneficiaries of the European funds targeted for rural development, said Mihai Herciu, the managing director of the General Department...

"The huge cost benefits come represented by the swiftness of the recovery of some amounts of money", said Dorin Valeriu Bădulescu.

THE "BENEFITS OF MEDIATION IN DEALING WITH CONFLICTS" CONFERENCE /DORIN BĂDULESCU:"Mediation is much cheaper and has advantages over the courts"

Mediation is much cheaper and has advantages over the standard legal system, according to Dorin Valeriu Bădulescu, the president of the Mediation Council. In his opinion, in the European Union mediation only accounts for 5% of the costs of a...

THE LESSONS OF THE CRISISStructural reforms can no longer be postponed

• Interview with Mr. Claudiu Doltu, state secretary in the Ministry of Finance

THE LESSONS OF THE CRISISStructural reforms can no longer be postponed

• Interview with Mr. Claudiu Doltu, state secretary in the Ministry of Finance

Leonard Orban: The successive managements of the Management Authority are to blame for the irregularities which were uncovered.

ALL THE POSDRU PAYMENTS MAY BE SUSPENDED, DUE TO VERY SERIOUS IRREGULARITIESPonta: We may lose 1.2 billion Euros of European funds

• Wages ranging between 3,500 and over 10,000 Euros per month

NOVEL RESEARCH:Cigarette contraband fell two percent in January

The black market for cigarettes fell 2% in January compared to November last year, from 15% to 13%, according to the latest data provided by "Novel Research".