Romania

Greetings, so the analyses are flowing not just nationwide, but globally, regarding Trump’s overwhelming victory. In Europe, there was such a commotion that Scholz almost fell by himself just by hearing the news from across the Atlantic. Now, at the top of the rhetoric about the causes of Kamala’s loss, there are several issues, mainly the excessive promotion of the Democrats’ woke agenda.

Acting Bulgarian Prime Minister Dimitar Glavchev expressed optimism about progress on Bulgaria's entry into Schengen but advised caution in commenting on specific outcomes. Speaking to journalists in Budapest, he noted that Bulgaria's position is closely aligned with Romania's in the process.

BUDAPEST - Serbian President Aleksandar Vucic said at the European Political Community Summit in Budapest on Thursday the EU needed to change its strategy on the entire Western Balkans, as well as on Serbia, and make strategic decisions on enlargement.

"I think that we should discuss strategic issues," noted Vucic, who was one of the six main speakers at the summit.

Romanian Prime Minister Marcel Ciolacu announced today that a decision regarding Romania's entry into the Schengen Area for land borders may be made before the second round of the country's presidential elections, scheduled for December 8, and could be finalized by the end of the year.

BUCHAREST - Serbian FM Marko Djuric met with Romanian FM Luminita Odobescu in Bucharest on Wednesday, thanking Romania for its principled support for the territorial integrity and sovereignty of Serbia as well as for backing Serbia on the EU path.

The Austrian media report that an upcoming meeting between the interior ministers of Bulgaria, Romania, and Austria in Budapest could bring new developments for the Schengen membership of Bulgaria and Romania, BNR reports. Set for November 22 and hosted by Hungary's EU presidency, the meeting was confirmed by Austria's Ministry of the Interior.

Greece is expanding its plans into the renewable fuel value chain, promising to decarbonize its industry and heavy vehicle transport, with an ambitious green hydrogen production plan to feed the large German market and intermediate points along the axis of Bulgaria, Romania, Hungary, Slovakia and the Czech Republic.

Bulgaria is anticipating over two million foreign visitors for the upcoming winter season, according to Acting Minister of Tourism Evtim Miloshev in an interview with Nova TV. He added that the total number of foreign visits is projected to surpass 3.2 million, which includes one-day and transit passes.

Athens-listed OTE telecom group is heading toward the sale of Telekom Romania Mobile, its 100% owned Romanian mobile telephony subsidiary, with a new composition of buyers.

According to Eurostat data, Bulgaria's tax-to-GDP ratio is among the lowest in the European Union. In 2023, the overall tax-to-GDP ratio for the EU, which includes the sum of taxes and net social contributions as a percentage of gross domestic product (GDP), was recorded at 40.0%. This figure represents a decrease from 40.7% in 2022.