The European Commission has concluded that Romania’s EUR250 million (RON1.2 billion) recapitalization of majority state-owned Exim Banca Romaneasca does not constitute state aid within the meaning of the EU state aid rules.
The United States President Donald Trump launched direct airstrikes targeting Iran’s main nuclear sites on Saturday, joining Israel’s war with Tehran in a flashpoint moment for the Middle East. This marked the first time since the Iranian revolution in 1979 that the US has deployed assets to target major facilities in the country. Iran denounced the US attacks as “lawless and criminal”, warning of “everlasting consequences” for which it said the US would be held fully responsible. In retaliation, Iran’s parliament voted to close the Strait of Hormuz, a critical waterway through which approximately 20 per cent of the world’s oil and gas supply passes. Global attention has now turned to Iran, with observers questioning whether it will escalate the conflict by targeting US interests, or heed President Trump’s call to negotiate — an offer which in practice means giving up all nuclear enrichment plans in Iran. Iranian Ambassador to Pakistan Dr Reza Amiri Moghadam has warned that Tehran could retaliate by striking ...
Trezor warned of ongoing phishing attempts exploiting its support contact form. Hardware wallet producer Trezor warned users about an ongoing phishing campaign that mimics the company’s official customer support replies. In a Monday X post, Trezor warned that the firm is aware “attackers abused our contact form to send scam emails appearing as legitimate Trezor support replies.” The company reminded its customers not to share wallet backups, noting that they should always be kept “private and offline.” Trezor said it “will never ask for your wallet backup,” confirming that the emails may appear as legitimate but are not. Read more
Spain’s Olala! Group, which is already present in Romania via Rina Hotels, is investing more than EUR5 million to buy two hotels in downtown Bucharest, Hotel Duke Romana and Hotel Duke Armeneasca.