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Bucharest
December 3, 2021
BUSINESS

Danube’s economic potential under debate

The European Commission and the Ministry of Foreign Affairs organized the Bucharest Business Forum in Bucharest, on October 18/19. The event brought together Romanian officials such as Environment Minister Laszlo Borbely, as well as many representatives of employers’ associations in the Danube riparian countries.
Speaking about the role of political authorities in the strategy, Minister Borbely noted investors ought to be given an option to join projects by reducing bureaucracy, ‘Adevarul’ daily informs. He added there was a possibility to use approximately EUR 1 bln on environmental projects through the Administration of the Environment Fund.
Karoly Borbely, Secretary of State in the Ministry of Economy, underlined the importance of completing the construction of units number three and four of the Cernavoda Nuclear Power Station. ‘When we put them into service, 30 per cent of the total power traffic in Romania will be nuclear energy,’ he said.

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