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Andrius Kubilius: Without a Defence Union, EU security is an illusion

Radu Miruţă - Ministry of National Defense

Defense, public order and civil protection: a complete radiography of Romania's investments through SAFE

US Stock Market Winners and Losers in 2025

The S&P 500 Index posted its third consecutive year of gains of at least 15% in 2025, driven largely by specific sectors that performed well - particularly those related to artificial intelligence and hyperscale data centers, according to an...

At the conference held in Bucharest and attended by over 600 stakeholders in the defense field - institutional actors and representatives of the business environment, there was talk about the historic opportunity that the defense industry in our country has, an opportunity that we cannot afford to miss.

Convergence between the state and industry, the foundations of the new Romanian defense

The Prime Minister's Chancellery - the absolute arbiter of Romania's military investments

The Government's decision to grant the head of the Prime Minister's Chancellery the final authority in approving SAFE projects, in situations where the participating institutions do not reach consensus, transforms the Chancellery into the...

NATO's explosive scandal: military procurement tainted by bribery and favoritism

Moody's: Defense debt is not a problem if it becomes productive investment

Defense spending should be seen not only as a strategic necessity, but as an economic decision that directly influences financial stability and long-term growth, said Atsi Sheth, CCO (Chief Credit Officer) and Head of Credit Strategy &...

Poland, Europe's arms factory: huge increase in military exports after 2022

How the Pentagon turned into the World's largest Golf Club

When it comes to US national security, you'd expect every Pentagon dollar to be directed toward defense, technology, and direct support for soldiers. The reality revealed by a report by the US Government Accountability Office (GAO), a...

Romania's naval projects, part of the EU plan to strengthen the Eastern Shield

Romania's maritime and naval projects could be included in the joint projects to defend the borders and strengthen the Eastern Shield from Finland to Bulgaria, said Ursula von der Leyen, President of the European Commission, yesterday at the...

European wine and spirits exporters expect huge losses

The European Commission has announced that the 15% tariff imposed by the US will also have to be paid by European wine and spirits producers, which will have negative effects on them, but also on farmers on the old continent, according to an...

Andrius Kubilius argues that stimulating joint military procurement between member states could have a direct impact on the economic efficiency of production: "If member states purchase jointly, which means larger contracts, the average production price drops by 70%. (Photo source: https://audiovisual.ec.europa.eu/)

Europe is vulnerable: Commissioner Andrius Kubilius calls for massive investment in defence

European armies only have 50% of the means we need today, according to NATO objectives, said European Commissioner for Defence, Andrius Kubilius, in an interview with Euractiv. That is why the European Commission official stresses the urgency of...

BVB up in the first half of the year; BET rises, budget deficit weighs

The main indices of the Bucharest Stock Exchange (BVB) recorded double-digit increases in the first half of the year, boosted by the result of the presidential elections on May 18, which confirmed the country's pro-European trajectory for the...

Mangalia 2.0: The State is playing bluff with the Romanian naval industry again

The Romanian state is preparing to repeat, with astonishing obstinately and a cruel lack of vision, the dubious scheme from 2018 through which it declared itself the majority shareholder in the Mangalia Shipyard without investing a single leu,...

Photo source: facebook/ Ministerul Apararii Nationale, Romania

Joint military procurement risks being challenged at the CJEU

The European Commission's financing of joint military procurement risks being challenged at the Court of Justice of the European Union, according to the text of a letter sent to Ursula von der Leyen and Antonio Costa by Roberta Metsola,...

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...

Photo source: Ministerul Apararii Nationale Romania

The European Defense Fund, the mechanism that can save continental security

The creation of a common European defense fund, independent of the European Union. A mechanism that would be open to all European countries that wish to join - including Great Britain, Norway and Switzerland - and could radically transform the...

Ukrainian President Volodymyr Zelensky (center) discussed yesterday with European Council leader Antonio Costa and European Commission President Ursula von der Leyen support for Ukraine on air defense, timely delivery of weapons and ammunition for military forces on the front against Russia, strengthening the defense industry, EU accession negotiations, the need to increase sanctions pressure on Russia and combat sanctions evasion. (Photo source: audiovisual.ec.europa.eu/)

The Trump Effect: Europe arms itself and continues to support Ukraine

After debates lasting almost six hours, European leaders agreed yesterday at European Council that EU member states urgently need rearmament to increase their defence and security capacities and capabilities in the face of the current challenges...

Groundbreaking Archaeological Discoveries in Turkiye in 2024

Turkiye, which has recently made a splash in archaeological circles worldwide with groundbreaking discoveries, continues to unveil significant findings through year-round excavations, revealing traces of life from thousands of years ago. The...

The EU is radically changing the funding rules for the defense industry

The European Union wants a radical change in the financing rules for companies in the defense industry in the 27 member states, according to a material published by the website Euractiv.com, based on a document currently in the works at the...

Ursula von der Leyen says EU must prepare for defence. (Photo source: www.commissioners.ec.europa.eu.)

Von der Leyen: "We need major investments to be able to protect ourselves from any attack"

Investments in the European defense industry are necessary for EU member states to have the necessary means to protect themselves and to repel any attack against them, Ursula von der Leyen, President of the Commission, said last Friday in Prague...

The conflict in Ukraine and the one in the Middle East forced the states and companies in the defense industry to adapt their strategies and invest massively in the development of new technologies and military capabilities.

The armaments industry - the new attraction for companies and investment funds

• Evolution of the romanian defense industry in the context of the new arms race

Summit: European leaders, ready to give a new mandate to Ursula von der Leyen

The European leaders are expected to grant, at the European Council Summit today and tomorrow, Ursula von der Leyen a new mandate as president of the European Commission, a mandate that would be confirmed by the vote of the European Parliament....

Nicolae-Daniel Voloscsuk declared: "The price of gold currently has a completely unusual behavior. The growth of gold, put in context with the evolution of shares and interests, is not necessarily logical from an economic point of view, something that has been observed in the last one to two years. From the third quarter of 2022, both the S&P 500 and the price of gold tend to move in the same direction, which normally does not happen, because gold is seen as a safe haven asset when the stock market underperforms - most of the time in times of crisis, recession".

Nicolae-Daniel Voloscsuk, Tavex Romania: "There are all the necessary factors for the price of gold to increase in the coming months"

There are all the necessary factors for the price of gold to increase in the coming months, Nicolae-Daniel Voloscsuk, economist at Tavex Romania, said yesterday during a press conference.

Photo source: multimedia.europarl.europa.eu

Investments for the green transition, without austerity measures for European citizens - the priority of the candidates for the EC presidency

The continuation of investments for the implementation of the Green Deal, the acceleration of allocations to support citizens and raise the standard of living, finding common sources of financing for the development of the defense industry, but...

Gaza Strip - Israel, another hotbed of depravity

• Israel stuck

The Director General of the IMF, Kristalina Georgieva, says: "In fact, I think that the Russian economy is going through very difficult times because of the flow of people leaving the country and because of the reduced access to technology, which comes with the sanctions (n.r. imposed by the West) . So, although the numbers on the progress of the Russian economy look good, there is "a whole story" behind them, and it's not a very good story. (Photo source: facebook / Kristalina Georgieva)

IMF: "Very difficult times for the Russian economy"

The International Monetary Fund (IMF) warns that the Russian economy continues to face significant obstacles, even if the institution has changed its estimates for the growth of the country's economy in a positive way, informs CNBC.

Failure at Moreni, success at Mediaş: Rheinmetall enters the Romanian defense industry market

The German arms manufacturer Rheinmetall announced last Thursday that it has taken over 72.5% of the shares of the Romanian vehicle manufacturer Automecanica Mediaş, without specifying the value of the transaction. The announcement of the German...

Romania - in Schengen, by air and by water

The government was focused in the 4th financial quarter to reduce the budget deficit that it faced in the middle of the year and in the 3rd quarter, so that the officials in Brussels do not block the allocation of funds for our country from the...

Army Day, anonymously

The celebration of the Day of the Romanian Army took place yesterday, almost in anonymity, if we take into account the few events organized to mark the day of October 25 and the simple setting in which they took place. For example, in the...

Energy security - a goal of the Three Seas Initiative

The collaboration between American investors and companies from our country must focus on innovation for prosperity in all sectors of economic activity, but especially in energy and in the IT&C field, stated the participants at the second...

Special pensions, pending reform

The parliamentary session that started yesterday promises to be a busy one for the Senate and the Chamber of Deputies, due to the legislative reforms that must be adopted in order to receive the funding allocated through the National Recovery and...

The arms race heats up at the end of the summer season

The arms race is reaching new levels in this period and confirms the data and forecasts presented in mid-spring by the report of the Stockholm International Peace Research Institute (SIPRI), information which showed that the states of the world...