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British Ambassador, H.E. Giles Portman and his wife Lucie Portman with the support of the British Embassy, hosted the launch of Life@Teki at the Techirghiol Balneary and Recovery Sanatorium – an important step in modernizing pediatric rehabilitation services in Romania. Led by Fundatia Scheherazade and its president and founder, Wajiha Haris, together with Romania’s Health Ministry, the project will equip the...

Romanian retail investors remain pessimistic about the prospects of the local economy, and their confidence in their own income and living standards has now started to erode as well, according to the latest quarterly eToro Retail Investor Beat survey.   Although the level of distrust in the Romanian economy has slightly improved compared to the previous quarter, it still remained high...

The European Public Prosecutor’s Office (EPPO) in Bratislava, Slovakia is leading an investigation into suspected subsidy fraud involving EU funds, with searches carried out in Košice and Rožňava. The investigation concerns a project aimed at developing an IT tool to automate business processes and to ensure the protection of personal data, co-financed by the European Regional Development Fund (ERDF) under...

Experts are trying to find out how it appeared in Romania, as the species disappeared 200 years ago The creature, suspected as being the same as the one filmed last year in Hațeg, western Romania was caught on video running on a field in Alba County this month. The Alba Association of Sports Hunters and Fishermen say that the moose was...

THIS DAY IN HISTORY: The referendum that begat a long international nightmare In the Hitchcock classic North by Northwest, the Cary Grant character asks the shady Eva Marie Saint character this: “How does a girl like you get to be a girl like you?” She asks him what he means and he replies: “Naughty. Wicked. Up to no good.” That...

Donald Trump's war in Iran is so damaging to U.S. interests and to the interests of its allies in the region, as well as to allies on all continents, that in an ideal world the U.S. president would deserve to be tried by both an American court and an international court. These are not empty words at all. In the...

CLARITY Act sees major breakthrough. Franklin Templeton partners with Ondo Finance to bring tokenised ETFs to the blockchain. David Sacks steps down as AI and Crypto Czar. Crypto markets fell to multi-week lows as the ongoing conflict in the Middle East continues   to rattle investor confidence, writes  Simon Peters, cryptoasset market analyst at multi-asset investment platform eToro. With oil prices...

The deal is expected closed in the fourth quarter and is subject to regulatory approvals Garanti BBVA has struck a deal to sell its entire Romanian business to Austria’s Raiffeisen Bank for €591 million ($680.2 million),  pending regulatory approval and expected to close in Q4 2026. The move will boost BBVA’s CET1 ratio by ~10 bps and generate €112 million in...

Romania head coach Mircea Lucescu is in a “stable condition” in hospital in Bucharest after being falling sick at the national team’s training base on Sunday. The 80-year-old head coach, who would have been the oldest manager at a World Cup had Romania qualified for this summer’s finals, received first aid from members of the national team’s medical staff before...

Speaking at a party congress in Saxony on Saturday, co-leader of Germany’s far-right AfD party, Tino Chrupalla, urged Berlin to begin removing US forces from Germany, in light of recent weeks’ escalation in conflict between the USA and Iran.  Currently, 40,000 American troops are stationed in Germany.  This si America’s largest military presence in Europe, going back postwar arrangements, and now...