As the global IPO market experienced a challenging year in 2024, Europe emerged as a bright spot, showcasing resilience and a promising outlook.

Romania is firm to its position as to the creation of two states, Israel and Palestine declared Minister of Foreign Affairs Teodor Melescanu, pointing out that the two sides need to discuss and not resort to measures that could have a negative impact on negotiations.

The European Commission issued its latest report on steps taken by Romania to meet its commitments on judicial reform and the fight against corruption, in the context of the Cooperation and Verification Mechanism (CVM) set up when the country joined the European Union in 2007, informs a release of the Community Executive quoted by Agerpress.

The report looks concretely at the progress made to meet the 12 recommendations issued by the Commission in its January 2017 CVM Report.

Vice Prime Minister Ion Marcel Ciolacu welcomed at Victoria Palace an official delegation led by Hungary's Foreign Trade and Foreign Affairs Minister Péter Szijjártó with whom he discussed about the prospects for the development of bilateral cooperation, with emphasis on the economic, energy and agriculture sectors.

The Romanian official highlighted on this occasion the favorable context created in this respect by Romania's late positive economic development and the opportunities offered by the major regional projects of common interest such as the Bulgaria — Romania — Hungary — Austria (BRUA) gas pipeline project.

Approximately 25,000 servicemen from 22 NATO member states and allies and over 3,000 combat means participated in the Saber Guardian 17 (SG17), the largest military exercise conducted on Romania's soil, says a release of the National Defence Ministry (MApN) quoted by Agerpres. 

The SG17 displayed an impressive force on the territories of Romania, Bulgaria and Hungary, following a fictitious scenario in which more than 25,000 troops, with more than 3,000 technical means, of which 90 combat and transport aircraft, carried out military operations for the release of a portion of the territory occupied by a hostile force.

“Romania is a stable, solid country, with a functioning economy”, President Klaus Iohannis said during the talks he had in Berlin with Federal Republic of Germany Chancellor Angela Merkel. 

"In respect to the political crisis back home, Mrs Chancellor naturally doesn't wish to voice an opinion, but we had a short discussion on this topic, and I believe I managed to send the message that there is a crisis inside the ruling coalition, however Romania is a stable, solid country, with a functioning economy, and that I asked all persons involved in divergent actions to find urgent solutions, which will undoubtedly happen," President Klaus Iohannis told a joint press conference with Angela Merkel.