Simona Klodnischi

IFC invests in RBRO green bonds to promote climate finance in Romania

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is investing RON 293.5 million (the equivalent of approximately $72 million) in RON-denominated senior non-preferred bonds placed by Raiffeisen Bank SA (RBRO), IFC said in a statement on Monday.

Bill on implementation of 5G networks clears Senate, as decision-making body

The Senate plenum, acting as decision-making body, adopted today by a vote of 117 to 13 (the Alliance for the Unity of Romanians) and one abstention the bill initiated by the government regarding measures for IT and communications infrastructures of national interest and the requirements for the implementation of 5G networks.

Senate head Dragu: Child allowance increase - a political decision that needs to be solidly grounded

Increasing child allowances is a political decision that requires a solid foundation on technical figures, and an analysis of state budget revenues and expenditures will be made in mid-July, after six months of budget execution, Senate Chair Anca Dragu said on Monday. "First of all, we need to have the figures on the table, increasing these benefits costs 2 billion lei.

Ornithologists warn of severe biodiversity impact of plans to amend Hunting and Game protection Law

The legislative proposal amending and supplementing the Hunting and Game protection Law, currently under public consultation, threatens the existence of dozens of bird species in Romania, warn representatives of the Romanian Ornithological Society (SOR).

EnviMin Tanczos: Blaze-hit waste incinerator in Brazi had its activity suspended since January

Eco Burn SRL, the waste incinerator based in Brazi, Prahova County, where a violent fire broke out this night, had its plant shut down since January due to the suspension of the company's activity, the Environment Ministry informs on its Facebook page after the visit of Minister Tanczos Barna to the site.

April's arrivals in Romania's tourist accommodation establishments 26.6 times higher YoY

Arrivals in tourist accommodation establishments this April were 26.6 times higher YoY, while overnight stays in such facilities were 18.9-fold the number in the year-ago period, the National Institute of Statistics (INS) said on Wednesday. Arrivals in tourist accommodation establishments totaled 448,900 and Romanian tourists accounted for 94.5 percent thereof.

NATO Deputy SecGen: We are facing most challenging security environment in a generation

The North Atlantic Treaty Organization has responded with "the greatest ability to adapt" as it is currently facing "the most challenging security environment in a generation," NATO Deputy Secretary General Mircea Geoana said on Monday in Bucharest.

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