
Ilie Bolojan named Romania's new Prime Minister amid political turmoil and budget crisis
Nicusor Dan (Photo: AP)
Romanian President Nicusor Dan on Friday nominated Ilie Bolojan, leader of the pro-European National Liberal Party (PNL), as the country's next prime minister, ending weeks of political uncertainty following the annulled December presidential elections.
Bolojan, 56, currently Senate president, is known for his reformist credentials and administrative discipline. His appointment comes at a critical moment, with Romania facing a record-high budget deficit of 9.3% and lingering fears over foreign interference in its democratic institutions.
'Ilie Bolojan is best suited to make the necessary adjustments in the Romanian state apparatus,' President Dan said in a televised address.
Dan himself was elected in a May rerun, after the December vote was annulled amid allegations of Russian meddling.
The nomination must now be approved by parliament, which remains fragmented. Bolojan is expected to navigate a divided legislature while pursuing difficult economic reforms.
In a press conference last week, Bolojan acknowledged the challenges ahead.
'Romania is in a complicated situation. The new government will need to implement unpopular measures — including possible spending cuts and tax hikes.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
34 minutes ago
- Time of India
In a 1st, European company to source aircraft parts from Goa firm
Panaji: In the first collaboration between a European aerospace supplier and a Goan company for commercial planes, Austrian aerospace firm FACC AG has signed a seven-year agreement with Goa-based Kineco Aerospace & Defence to source structural parts for passenger aircraft. The agreement was announced on the second day of the 2025 Paris Air Show, on Tuesday. The multi-million deal sets in motion a 10-month phase of technical and operational coordination between FACC and Kineco. If executed, this partnership will integrate Kineco into FACC's global supplier network. FACC's annual revenues hit 884.5 million in 2024, and it counts Airbus, Boeing, Bombardier, and Embraer among its customers. 'Kineco Group has been making strategic, forward-looking investments in state-of-the-art capabilities, global-scale capacity, and world-class manufacturing and governance practices,' said the founder and chairman of the Kineco Group, Shekhar Sardessai. 'We are aligning with the evolving needs of Tier-1 companies and global commercial aircraft original equipment manufacturers.' Air India and IndiGo placed orders for a total of 1,830 aircraft from Airbus and Boeing. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Thị trường có dấu hiệu suy thoái không? IC Markets Đăng ký Undo The parts manufactured at Pilerne are expected to find their way onto some of the aircraft that will be delivered to these two Indian carriers. While India's contribution to global commercial aviation is just around 2%, the country is actively working to increase its share in aerospace manufacturing. 'I take immense pride in this milestone — not just for Kineco, but for India's larger ambition to become a globally competitive aerospace manufacturing hub,' Sardessai said. 'It stands as a strong validation of India's rising stature in the global aerospace value chain.' FACC, which counts among the world's leading suppliers of lightweight aerospace systems and components, used to source these parts from China and Paris. The company indicated that its collaboration with Kineco is driven by a deliberate pivot to 'globally competitive partners' who meet stringent benchmarks in quality, cost, delivery, and innovation. Since the Covid-19 pandemic, there have been growing industry concerns over supply chain vulnerabilities and over-reliance on China. Kineco Aerospace & Defence, a division of Kineco Limited, is part of Goa's modest but steadily growing aerospace and composites manufacturing ecosystem. The firm worked on domestic defence and space programmes, including military contracts from BAE Systems and Hindustan Aeronautics Limited (HAL), as well as the Indian Space Research Organisation's satellite programme.


The Hindu
34 minutes ago
- The Hindu
Iran rules out nuclear talks under Israeli fire
Iran said on Friday (June 20, 2025) it would not discuss the future of its nuclear programme while under attack by Israel, as Europe tried to coax Tehran back into negotiations and the United States considers whether to get involved in the conflict. A week after it began attacking Iran, Israel's military said it had carried out new strikes on dozens of military targets overnight, including missile production sites and a research organisation involved in nuclear weapons development in Tehran. Iran launched at least one new barrage of missiles early on Friday (June 20, 2025), striking near residential apartments, office buildings and industrial facilities in the southern city of Beersheba. Iranian Foreign Minister Abbas Araghchi said on Friday (June 20, 2025) there was no room for negotiations with Israel's superpower ally, the United States, 'until Israeli aggression stops'. He was holding talks with top European diplomats in Geneva on Friday about the crisis that centres on concerns about his country's nuclear programme. He arrived at a hotel in the Swiss city for a meeting with his counterparts from France, Germany and the U.K. and the European Union's foreign policy chief. It is the first face-to-face meeting between Western and Iranian officials since the start of the conflict. Two diplomats said before the meeting that Mr. Araghchi would be told the U.S. is still open to direct talks. Diplomats say expectations for a breakthrough are low. Just before meeting the European diplomats, Mr. Araghchi made a brief appearance before the UN Human Rights Council in Geneva. He said that Israel's 'attacks on nuclear facilities are grave war crimes', and insisted that 'we are entitled… and determined to defend our territorial integrity, national sovereignty and security with all force.' Ahead of the meeting, Mr. Araghchi said his country has 'nothing to discuss' with the United States as long as Israel continues its strikes on Iran, but is open to 'dialogue' with others, though not negotiations. The war has seen Israeli airstrikes target Iranian nuclear and military sites, and Tehran firing back. French President Emmanuel Macron said the European diplomats would make a 'comprehensive, diplomatic and technical offer of negotiation' to Iran. Israeli Foreign Minister Israel Katz warned on Friday (June 20, 2025) of further action against Iranian ally Hezbollah, a day after the Lebanese militant group suggested it would come to Iran's aid. Israeli air attacks have killed 639 people in Iran, according to the Human Rights Activists News Agency, a U.S.-based human rights organisation that tracks Iran. The dead include the military's top echelon and nuclear scientists. Israel has said at least two dozen Israeli civilians have been killed in Iranian missile attacks.
&w=3840&q=100)

Business Standard
39 minutes ago
- Business Standard
Russia advancing long-term economic cooperation plans with India: Putin
Russian President Vladimir Putin on Friday said Moscow's action plan for long-term cooperation till 2030 with India should be finalised shortly. Speaking at the St Petersburg International Economic Forum's plenary session, Putin announced that Moscow is advancing long-term economic cooperation plans with its key partners, including India. Let me remind you that we agreed to prepare long-term cooperation plans with key partners," Putin said while emphasising that "action plans, including those with countries like India, should be completed shortly." We have already set a goal to boost oil and gas exports. To achieve this, we will develop relations with partners, remove trade barriers, explore new market niches, build infrastructure, and deepen investment cooperation, he said. The St Petersburg International Economic Forum (SPIEF) 2025 often dubbed as 'Russian Davos' this year has the theme Shared Values: The Foundation of Growth in a Multipolar World. Putin denied that China and Russia are forming a new multipolar world order. A new world order is emerging naturally, like the rising sun. There's no way to halt it, our role is to formalise this process and facilitate it, ensuring it develops in a more balanced way that aligns with the interests of the vast majority of nations, Putin said. India at the SPIEF was represented by the Union Minister for Railways, Information and Broadcasting, and Electronics and IT, Ashwini Vaishnaw. Vaishnaw, who is also the minister for Information and Broadcasting, delivered keynote addresses at two significant sessions. Speaking at a session 'The Future of Artificial Intelligence', he highlighted India's advancements in AI and its vision for ethical and inclusive technological growth. While addressing the India-Russia Business Forum, he emphasised the deepening economic ties between the two countries and exploring new avenues for collaboration. Vaishnaw had several meetings with Russian Federal Ministers, leading industrialists, technology leaders, and investors. These discussions focused on enhancing India-Russia cooperation in critical sectors including Logistics & Transportation, Infrastructure Development, Railway Modernisation, Information Technology & Artificial Intelligence. These engagements underscored "India's commitment to fostering strategic partnerships with Russia, particularly in technology-driven and infrastructure domains, aligning with the vision of Atmanirbhar Bharat (Self-Reliant India) and global digital transformation, a press release from the Embassy of India in Moscow said. His visit marks a significant step in reinforcing the longstanding India-Russia relationship, paving the way for mutual growth and innovation, it added.