English Section

10 iulie 2025
Euro appreciates strongly against dollar; how solid is growth?

Euro appreciates strongly against dollar; how solid is growth?

Andrei IacomiEnglish Section / 10 iulie 2025

• Eurogroup president: "Our top priority is to build solid foundations for the euro”

• Bank of Greece governor: "The dollar's status will not change overnight, but the euro has the potential to gain ground as an international reserve currency”

• The European currency has appreciated about 13% against the US dollar since the beginning of the year, recently hitting its highest level since September 2021

Photo source: facebook/ Nicusor Dan

Hungarian experts propose creation of artificial salt lake in Praid

George MarinescuEnglish Section / 10 iulie 2025

The most important conclusion of the team of Hungarian experts who assessed the situation of the Praid Salt Mine within the framework of the European Civil Protection Mechanism is unequivocal: the 4 to 7 million cubic meters of salt water that have invaded the underground galleries can and should be discharged into an artificial lake, created specifically for this purpose, the team members show in a long interview with the Hungarian-language news website Kronika online, taken over by the Szekelyhon website.

Siegfried Mureşan: "We will not accept that the EU budget is a collection of 27 national plans"

Siegfried Mureşan: "We will not accept that the EU budget is a collection of 27 national plans"

George MarinescuEnglish Section / 10 iulie 2025

Although security and defense, along with competitiveness, will be the priorities of the European Union budget for the period 2028-2034, the European Parliament calls on the European Commission to maintain separate and clearly defined allocations for Cohesion Policy and the Common Agricultural Policy (CAP), on clear and substantiated legal grounds, said MEP Siegfried Mureşan, EPP Vice-President and co-rapporteur for the future European multiannual financial framework, at a press conference in Strasbourg yesterday.

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Business community strongly challenges tax measures

Business community strongly challenges tax measures

George MarinescuEnglish Section / 4 iulie 2025

Immediately after the presentation of the tax measures package proposed by the Bologna government, the business community in our country reacted by stating that the legislative proposal is not only untimely, but also potentially destructive for...

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