Juncker’s “More, Together” Offers Romania a Better Future

aspen institute romania emerging europe
Mircea Geoana

Mircea Geoana

President, Aspen Institute, Romania

The five scenarios Jean Claude Juncker recently presented, concerning the future of the EU, are still provoking lively conversation in all corners of the European continent. Seen from Bucharest, the future, as described by the Commission’s White Paper, looks both simple and complicated. Continue reading Juncker’s “More, Together” Offers Romania a Better Future

Netherlands and Romania’s Love-Match Continues

romania netherlands emerging europe

For Frederic Beigbeder, the author of L’amour dure trois ans, love lasts three years but things are rather different in the case of the love that the Netherlands and Romania enjoy. Their relationship started in 1880, when the two countries began a diplomatic dialogue. Fast forward to 2017, and the Netherlands is the largest foreign investor in Romania with some 4,400 firms with Dutch capital. Continue reading Netherlands and Romania’s Love-Match Continues

Merging and Growing Romania’s Outstanding Broadband and Other Infrastructures

electrogrup emerging europe

Our focus should be on how we can turn high broadband speed into meaningful advantages on the Digital Economy and Society Index, says Teofil Mureşan, chairman of the board at Electrogrup. He talked to Jerry Cameron about the need for consolidation in the market as well as the impact infrastructure sharing might have on the economy. Continue reading Merging and Growing Romania’s Outstanding Broadband and Other Infrastructures

Political In-fighting Must Be Resolved

Sorin Grindeanu
Mihnea Stoica

Mihnea Stoica

Research Assistant, Babes-Bolyai University

Only six months after winning the parliamentary elections, Romania’s Social Democratic Party is in turmoil following an attempt by the party’s leader, Liviu Dragnea, to remove the current Prime Minister, Sorin Grindeanu. With the party set for a key parliamentary vote on whether to keep the Prime Minister in power, it seems that both Grindeanu and Dragnea’s political futures now hang in the balance. Continue reading Political In-fighting Must Be Resolved

The Bucharest Stock Exchange Has Started the Year on a Promising Note

stock exchange bucharest

In the first quarter of 2017, the value of transactions on the regulated market of the Bucharest Stock Exchange (BVB) climbed to a six-year high and reached €530 million while the number of transactions and traded volumes climbed to a seven-year high. Ludwik Sobolewski, CEO of the BVB, spoke to Andrew Wrobel, about the effects that could positively influence the country once it gains emerging market status, and the increased interest shown by private companies to be listed on the stock exchange.

Continue reading The Bucharest Stock Exchange Has Started the Year on a Promising Note

Alexandru Petrescu: Romania Is Working to Solidify the Highest Growth Rate in Europe

BUCHAREST ROMANIA - MAY 1: Unidentified people relax and socialize in the green area of the Promenada Mall on May 1 2014 in Bucharest Romania. The mall has a gross floor area of approx. 110000 m.

Seeing that Romania was going in the right direction, economically and socially, made me want to come back to the country after almost two decades of living and working in the UK, says Alexandru Petrescu, Romanian Minister for Business Environment, Commerce and Entrepreneurship. He spoke to Andrew Wrobel about the prospects for the economy and the changes the government is implementing. Continue reading Alexandru Petrescu: Romania Is Working to Solidify the Highest Growth Rate in Europe

Romania’s Government Plans to Grow the Country’s Already High ICT Reputation

romania ICT emerging europe

The growing number of ICT specialists, plus the increasing foreign investment in the sector, as well as the number and innovativeness of tech start-ups make Romania’s ICT a upcoming sector, says Augustin Jianu, Romanian Minister of Communications and Information Society. He also spoke to Jerry Cameron about the challenges the industry faces. Continue reading Romania’s Government Plans to Grow the Country’s Already High ICT Reputation

A Country of Beauty and Warmth That Will Reward Those Who Visit With an Open Mind

Cityscape Brasov
Charles Crocker

Charles Crocker

CEO, British Romanian Chamber of Commerce

On a clear night in July 1990, my plane descended toward Otopeni, the main international airport servicing Bucharest, the capital of Romania. I had read up a lot on the country and the city, before visiting my parents there, and working at the British Embassy, for the first time. “The Paris of the Balkans”, a country with a rich culture, “a Latin Island in Slavic sea”, were a just a few of descriptions I found. This Romania of 1990 was just emerging from 50 years of totalitarian dictatorship. Continue reading A Country of Beauty and Warmth That Will Reward Those Who Visit With an Open Mind

Romania Needs to Follow its EU Membership With Some Sweeping Reforms to Avoid Stagnation

Bucharest Romania - March 07 2016: Bucharest Sky Tower Business Center. Bucharest urban landscape.
Daniel Dăianu

Daniel Dăianu

Member of Board, National Bank of Romania

The European Union is going through some very hard times. The European Commission’s White Paper, which puts forward five scenarios on the Union’s future, is quite eloquent about the tremors that are undercutting its foundations. However, in order to make good policy judgements about the future one has to keep history in mind. The last decade was quite momentous for Romania and it does pay to glance back at it. Continue reading Romania Needs to Follow its EU Membership With Some Sweeping Reforms to Avoid Stagnation

Romania’s EU Membership Was Slow to Be Appreciated But Now the Tide Is Turning

Romanian Palace Of Parliament
Gabriela Baicu

Gabriela Baicu

Associate Professor, Academy of Economic Studies in Bucharest

It was on January 1, 2007, some fifty years after the creation of the European Economic Community, in the Treaty of Rome, that Romania officially became a full member of the European Union. The country’s road towards integration has lasted fourteen years after signing the Association Agreement, back in 1993. It has been a long journey, full of hurdles, in parallel with the process of modernising the country and of consolidating the rule of law in our young democracy. Continue reading Romania’s EU Membership Was Slow to Be Appreciated But Now the Tide Is Turning

Poland and Romania: Almost 100 Years of Friendship That Is Still Growing

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Marcin Wilczek

Marcin Wilczek

Polish Ambassador to Romania

Poland and Romania are not only the two largest countries in Central Eastern Europe but also tried and tested friends and strategic partners who have always had a friendly and deep relationship. 2019 will be a milestone for our countries, as we will celebrate 100 years of the establishment of our diplomatic relations. Furthermore, we are also allies in NATO and we cooperate deeply in the EU. We share similar views on the most important issues on the European and worldwide agenda, such as the Brexit, the future of the EU, migration and security, and the EU’s cohesion policy, etc. Continue reading Poland and Romania: Almost 100 Years of Friendship That Is Still Growing

People Power Reminds the Government of the Rule of Law

Nicholas S. Hammond

Nicholas S. Hammond

Partner, Hammond, Minciu & Associates

When I first came to Romania in 1990, the revolution had just finished. Ceausescu was dead and the political classes were forming into parties. That was 27 years ago. Even in 1990, people were on the streets, elated by what had been achieved. The then Government party was the party which eventually morphed into the Social Democratic Party (PSD).

Continue reading People Power Reminds the Government of the Rule of Law

The Competitive Edge in Central and Eastern Europe

SOFIA BULGARIA - MAY 5: View of the Ivan Vazov National Theatre in Sofia on May 5 2016. Sofia is the largest city and capital of Bulgaria.
Ciprian Dascalu

Ciprian Dascalu

Chief Economist, ING, Romania

Joining the EU has unlocked robust GDP growth and continues to aggregate positive energy in the Central and Eastern European (CEE) countries. Adhering to the common market has brought a surge in trade, positive institutional changes and improvements in the business environment. However for many countries, it has also led to a migration of the labour force, which could affect long-term economic growth prospects. Continue reading The Competitive Edge in Central and Eastern Europe

Changing Perspectives and Showing That True Romania is a Vibrant Innovative Country

Oana Bizgan

Oana Bizgan

Member of Romanian Parliament

When I meet a foreigner for the first time, the moment I start a conversation about Romania, it seems as if we are discussing a topic where each of us has a completely different view. This proves that there is a significant gap between how people see Romania and what the actual reality is. That makes me determined to show people that Romania means culture, talent and technology.  Continue reading Changing Perspectives and Showing That True Romania is a Vibrant Innovative Country