July 10, 2024 UPDATE
A roundup of domestic and international news
Newsroom, 10.07.2024, 20:00
NATO – On the sidelines of the NATO Summit in Washington, Allies have reached consensus on the final resolution of the summit. NATO will reassert its commitment to support Ukraine’s irreversible Euro-Atlantic trajectory, once all accession criteria have been met. The war in Ukraine ranked high at the NATO summit, marking 75 years since the establishment of the North Atlantic Treaty Organization. Five Allied presidents and Prime Ministers, including the president of Romania, Klaus Iohannis, signed a joint statement to donate Patriot missile systems and parts to Ukraine. Italy pledged to deliver an additional system. Denmark and the Netherlands will send F-16 jets to overfly Ukrainian airspace over the summer, Reuters reports. The president of Romania, Klaus Iohannis, called for increasing assistance for Ukraine, arguing that if Ukraine loses the war, “we all lose”. “Russia remains the biggest threat to European and Euro-Atlantic security. Facing the Kremlin’s hybrid attacks, NATO states need to be ready to defend themselves. Therefore, the decision we will take over the next days will lead to more efficient actions to consolidate our security”, Iohannis pointed out. The summit will spell critical progress for strengthening NATO’s deterrence and defense posture, particularly in the Eastern Flank and the Black Sea region, the Romanian official added.
FUNDS – Minister of European Funds, Adrian Câciu, said Romania has managed to absorb an additional 4 bln EUR from corresponding Cohesion Policy mechanisms as part of the 2021-2027 financial framework, taking the total value of contracts signed by Romania to 14 bln EUR. Another 6-bln-EUR worth of projects are still pending approval, the Romanian official wrote on social media. This rhythm of absorption will continue, making it the right approach for ensuring Romania’s sustainable development, Adrian Câciu added.
OECD – Romania received the formal approval of the OECD for regional development, said the ministry for development, public works and administration. The statement also says that this confirms both the will and capacity of Romania to implement the legal instruments of the OECD and the alignment of Romania’s policies and practices to those of the OECD in matters of regional development. Romania’s efforts are thus recognized in terms of the consolidation of the regional development policy, especially with respect to the drafting of a solid system of territorial statistics, the adoption of a localized approach in the field of regional development and of strategic documents at regional, county and local levels, by means of consolidating governance at a number of levels and improving institutional and fiscal capacity of subnational governments. The formal approval also contains a series of recommendations for improving the policy, governance and financing framework in the field of regional development.
TRADE – Romania’s trade balance deficit between January 1 and May 31 2024 stood at 12.288 bln EUR, 1.230 bln EUR more compared to the same period last year, according to the National Statistics Institute. In the first five months of the year, exports dropped by 2.9%, while imports rose by 0.2%. According to the National Statistics Institute, the areas accounting for the largest shares of exports and imports are represented by cars and transport equipment and other manufacture products.
REPAIRS – Starting July 10 the Giurgiu-Ruse bridge over the Danube will undergo repair works on the Bulgarian section. Repairs are expected to complete in two years. According to the motorway company in neighboring Bulgaria, the works are divided into six stages, without closing traffic, with vehicles travelling on one lane only. Romanian citizens are advised to use alternative border crossings during the interval.
FOOTBALL – Romania’s football champions FCSB defeated the San Marino champions Virtus AC 7-1 in an away match on Tuesday evening, in the first leg of the Champions League first preliminary round. The second leg is scheduled for July 16 in Bucharest. If they advance to the second preliminary round, FCSB will play Maccabi Tel Aviv. The other Romanian clubs playing in European competitions are Romanian Cup winners Corvinul Hunedoara, CFR Cluj and Universitatea Craiova. (CM & VP)
