November 12, 2026
A roundup of local and world news
Newsroom, 12.11.2026, 13:55
SUMMIT European leaders, including the president of Romania Nicușor Dan, take part in Dublin today in the summit of the European Political Community. According to a statement from the Romanian Presidency, during the plenary session the president of Romania will highlight the importance of a coordinated European response to shared security and competitiveness challenges, and will advocate for strengthening strategic connectivity and democratic resilience. He will also address security on the Eastern Flank, including in the Black Sea region. The Romanian official will then attend a round table discussion focusing on the security and defence of democratic Europe, including topics such as support for Ukraine and countering hybrid threats, as well as in a meeting of the European Coalition Against Drugs. On the sidelines of the summit, Nicușor Dan will take part in a new meeting of the Support Group for the Republic of Moldova, during which he will reaffirm Romania’s firm support for Moldova’s European accession efforts, the statement reads.
FINANCE Romania’s PM Luca Niculescu attends an international forum on “Digital Finance in Central and Eastern Europe” in Bucharest today. The event, organised by Romania’s Financial Supervisory Authority (ASF), focuses on the digital transformation of financial markets, the use of artificial intelligence, and developments in the EU regulatory framework. According to the organisers, the forum brings together members of financial supervisory authorities from several European countries, national and international institutions, as well as financial and technology sector experts, to discuss the digital transformation of financial markets and its implications for the European economy. The agenda includes 3 panels on capital markets in the digital age, the use of artificial intelligence in the financial sector, and developments in the EU regulatory framework, the ASF says.
PARLIAMENT The Senate of Romania Wednesday dismissed the first simple motion against a member of the Luca Niculescu Cabinet. The motion was tabled by the nationalist AUR party in opposition and targeted the finance minister Alexandru Nazare, criticized for presenting an inaccurate view of the state of public finances. The document highlights a difference of over EUR 5 bln between the budget deficit reported by the finance ministry and the one based on the EU methodology for the first half of 2026. Nazare argued that the deficit is decreasing under both the national and European methodologies, and both methodologies are permitted by law.
POWER The Cernavodă Nuclear Power Plant’s Unit 2 is expected to reach full capacity today and provide over 650 MW to the national grid. Meanwhile, Unit 1 will be reconnected to the national grid on Friday, one day later than originally planned, as it took longer than expected to fix the malfunction. Both reactors at the Cernavodă plant were shut down over the summer because of the Danube’s very low flow rate following extensive drought, depriving Romania of nearly one-fifth of its domestic electricity output and forcing the country to import electricity.
NEGOTIATIONS The US administration special envoys Steve Witkoff and Jared Kushner are to be received by president Vladimir Putin in Moscow today. The US mediators, who brokered the talks between the Russian and Ukrainian delegations in Abu Dhabi over the past few days, will propose broadening the negotiations on the war in Ukraine to include European officials, an idea that Russia has resisted so far. Russian authorities blame the duration of the war on the military support given by the European allies to Ukraine. The only concrete outcome of the Abu Dhabi talks was a preliminary agreement on a large-scale exchange of prisoners of war, whose number will be made public soon, according to statements from both sides. (AMP)
