The US Department of State has “made a determination” approving a possible Foreign Military Sale estimated at USD 3.9 billion to Romania for Patriot air defense systems, related support and equipment, it was announced Tuesday.
Read More »NATO soldiers stage exercise in Romania
Some 5,000 NATO soldiers and partner countries conducted training operations in Romania, followed by Romanian president. The exercise runs until July 20th. Romanian President Klaus Iohannis and head of the NATO Military Committee, General Petr Pavel, who is a two-day visit to Romania, they were received with military honors prior …
Read More »NATO forces in Eastern Europe are fully operational
NATO’s new missions in Eastern Europe, aimed at discouraging Russia from striking American allies are now “fully operational” before Russian mass drill in the region. NATO Secretary General Jens Stoltenberg announced on Thursday that the Alliance’s “forward presence is fully operational in Estonia, Latvia, Lithuania and Poland. This sends a …
Read More »Analysts Warn Tax on Turnover Could Render 30% of Companies Insolvent
One out of three companies in Romania will be exposed to insolvency risks if the government replaces the 16% flat tax on profit with a tax on turnover, showed a study by Iancu Guda, president of the Romanian Association of banking analysts. (Mediafax)
Read More »Romania Unemployment Rate At 5.5% in First Quarter
The unemployment rate in Romania stood at 5.5% in the first quarter of 2017, the same as in the fourth quarter of 2016, the country’s statistics board said. The jobless rate stood at 6.3% among men and at 4.4% women. By areas of residence, the jobless rate was 6.4% in …
Read More »Klaus Iohannis and Rumen Radev at the Romania – Bulgaria Business Forum
The Governments of Bulgaria and Romania aim to modernize Danube ports, to ensure conditions for navigation and development for river transport and to build new road bridges, said Romanian President Klaus Iohannis at the Romania – Bulgaria Business Forum, an event he attended together with his Bulgarian counterpart Rumen Radev. …
Read More »President Klaus Iohannis, by President Donald Trump's side at "Three Seas Initiative" Summit
President Klaus Iohannis will participate on Thursday at the “Three Seas Initiative” Summit (the Baltic -the Adriatic – the Black Sea) to be held in Warsaw where the President of the United States of America, Donald Trump will also be present, as special guest. (Agerpres)
Read More »NATO prepared for quick response in Eastern Europe if needed
NATO member countries in Eastern Europe hosted four multinational battalions of the Alliance. Jens Stoltenberg, NATO Secretary General, said during the Allied forces meeting in Latvia. Approximately 4,000 soldiers are stationed in Poland and the Baltic States. Germany is in charge of the battalion in Lithuania, the United States manages …
Read More »NATO warships to hold military exercises in the Black Sea
NATO warships have entered the Black Sea ahead of military exercises this weekend. The training aims at reaffirming the US-led alliance’s commitment to defending the member states, in the wake of Russia’s apparent military aggression in eastern Ukraine.
Read More »NATO kicks off naval drills in the Black Sea
NATO’s Black Sea members Bulgaria, Romania and Turkey joined four other alliance states in a multinational naval exercise on March 10 just across the water from the Crimean Peninsula annexed by Russia last year. The naval rapid reaction force in the Black Sea drills consists of a United States flagship, the guided missile cruiser USS Vicksburg, …
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