News about EU

The Social Democratic Party of Romania (PSD), the largest political force in the country’s parliament, has nominated its leader, Sorin Grindeanu, for the position of prime minister.

The European currency is rapidly losing value, having given up all the gains it made in the spring. Against the backdrop of a strengthening dollar, the euro could fall to $1.10. Investors are becoming increasingly convinced that falling oil prices and clear signs of a slowdown in the Old World’s economy are reducing the likelihood of another tightening of the European Central Bank’s monetary policy.

The European Union has completed the approval process for a trade agreement with the United States, which is expected to reduce the risk of a new round of tariff disputes between the two economic blocs.

Excessive thrift has become the new norm, turning into a serious barrier to economic growth on the European continent. The inflationary shock of recent years has inflicted a much deeper psychological trauma on Europeans than on Americans, forcing them to resort to self-restraint and saving at the expense of consumption.

As part of his working visit to Austria, Deputy Prime Minister and Minister of Economic Development and Digitalization Eugen Osmochescu met with Gerd Müller, Director-General of the United Nations Industrial Development Organization (UNIDO), Gerd Müller, during which the Country Partnership Program for the Republic of Moldova for 2026–2032 was officially signed.

Turkey will host the leaders of all 32 NATO member countries in Ankara on July 7–8 as part of the 36th NATO Summit. Also in attendance will be dozens of invited leaders, nearly 100 ministers, high-ranking diplomats, representatives of international organizations, and thousands of foreign guests.

The draft budget, tax, and customs policy for 2027 proposes a number of amendments to the Customs Code (CC). Some of the changes pertain to preferential treatment, sanctions, and cooperation between the Customs Service (CS) and international organizations.

The European Commission today unveiled a new package of proposals to simplify tax rules. It is expected to save businesses 8 billion euros annually, including 3.3 billion euros in administrative costs.

The European Union was forced to revise its expansion plans following renewed resistance from Hungary. Instead of opening five negotiation chapters with Ukraine and Moldova before the summer break, Brussels now expects to unblock only two.

Nine innovative startups from Moldova, Armenia, and Ukraine presented their solutions at the EU4Innovation East pitch competition as part of VivaTech 2026, one of Europe’s largest technology and startup events. Organized by the EU-funded EU4Innovation East program, the competition highlighted the growing innovative potential of the Eastern Partnership region and its increasing integration into the European innovation ecosystem.

For energy projects of common and mutual interest to European Union member states and member states of the Energy Community, the government is establishing a priority framework for institutional coordination. These projects will benefit from expedited approval procedures.

Prime Minister Alexander Munteanu will pay a working visit to Gdańsk, Poland, from June 24 to 26, 2026, where he will take part in the Conference on the Reconstruction of Ukraine—URC2026.

The government has approved the start of negotiations on the signing of an agreement between the Republic of Moldova and the Council of Ministers of Bosnia and Herzegovina on international road transport of passengers and cargo.

Local authorities and the National Technical Inspection Inspectorate will stop using stamps on construction documents. Since specialists already use electronic signatures, paper stamps are simply being phased out as unnecessary. The Cabinet of Ministers has approved the corresponding resolution.

The “Visegrad Four” is alive and well and full of new ideas. This was confirmed by a meeting of the alliance’s members held in Budapest, after the group had been virtually inactive for the past two years.

The Government Program “Residential Energy Efficiency Fund of Moldova” (FEERM), managed by CNED, is delivering tangible results across all three financing products: the renovation of apartment buildings, support for energy-vulnerable rural households, and the renovation of individual households under the Casa Verde product.

The government has approved the Regulations on the Assessment and Management of Environmental Noise. The document mandates the monitoring of noise levels from road, rail, and air transportation, as well as from large industrial facilities.

Germany plans to further raise the retirement age to balance the system in light of its aging population. By the end of the century, the retirement age could rise to 70. These plans are currently under active discussion. The government plans to approve a bill, but it must pass through all stages of parliamentary approval, which has drawn harsh criticism from labor unions.

Hungary opposed sending a letter to the European Council and the European Commission outlining the common position of all 27 EU countries on the issue of Ukraine and Moldova’s accession to the bloc, Politico reports, citing two sources.

All European driver’s licenses will become valid in the Republic of Moldova thanks to the implementation of the principle of mutual recognition and the automatic equivalence of license categories. This important change is provided for in a draft government resolution developed by the Agency for Public Services and promoted by the Ministry of Internal Affairs as part of preparations for the country’s integration into the European Union. The new rules will make life much easier for drivers: the process of recognizing documents will be automatic, without the need to take additional exams or go through unnecessary bureaucratic hurdles.