Man, no way! Sit tight, let me tell you what I found out today from a buddy of mine who does transport, and he spilled the beans: Romania is about to blow a multi-billion euro opportunity on the Middle Corridor, the route linking China to Europe bypassing Russia. And why? Because we, as usual, suck at logistics and are drowning in debt. No joke, bro, I was crossing myself when I saw the numbers!
Port of Constanta, our pride and joy, processed 963,000 containers last year – yeah, 40% more than in 2022, but wait till you hear why. All the growth came from redirected Ukrainian traffic after the war, not because we're some strategic hub. Meanwhile, Turkey, our neighbors, processed 14 times more, i.e., 13.5 million containers! You'd think they have NASA-level logistics, while we're still moving with oxcarts.
Now, let's get to the sad part. The World Bank gives us a score of 2.7 out of 5 for customs – the lowest in the entire European Union, tied with Hungary. I mean, bro, opening a container here takes 5 times longer than in Turkey: 8.2 days vs. 1.5. And when you import goods, it's even worse: you wait 54 days, while in Turkey you're done in 41. They have 7 times more maritime routes than us – 126 vs. 17. What can I say, we're staring at them like a cat at a calendar.
But listen, here comes the juiciest part: The World Bank says traffic on this corridor will triple by 2030, to 11 million tons. If we invest 18.5 billion euros, we could reach 865,000 containers per year by 2040. The window closes in 2028, i.e., exactly two years from now. Every year we sit on the sidelines strengthens Turkey's position. What are we doing? Scratching our butts.
Experts say we need three urgent things: modernize customs (which is a mess, even though the PNRR includes electronic customs), develop the Constanta - Central Europe railway (the Bucharest - Constanta section is part of the TEN-T network with a 2030 deadline, but we're behind as usual), and implement the recently signed agreement with Georgia, Azerbaijan, and Turkmenistan. Yeah, empty words.
And now, the part that burns me personally. Alin Tișe, president of the Cluj County Council, said something: "we waste 3 kilometers of highway per day" due to interest on public debt. And here's how: in 2026, loan interest amounts to 58.8 billion lei, i.e., 164 million per day. One kilometer of highway costs 7-10 million euros. So every day, the state pays as much as three to four kilometers of highway, just in interest. External debt is 230 billion lei. When Mioara hears we're throwing that much money on interest, she says she'd rather cut my gas card.
But it's not all doom and gloom, bro. Romania also has a winning card: gas. The European Commission approved the modification of Transgaz's commitments, so we can offer Ukraine gas export capacities through our infrastructure. The Neptun Deep project, by OMV Petrom and Romgaz, will deliver first gas in autumn 2027, and at full capacity would produce about 8 billion cubic meters per year, making us the largest gas producer in the EU. So we could become a regional energy hub, helping Moldova, Ukraine, and the Balkans. Unless we trip ourselves up, as usual.
Now, let's move on to miscellaneous stuff. In Dolj, border police found 343,700 euros hidden in a minibus driven by a 45-year-old Ukrainian who was wanted for arrest. The money was in special compartments, the kind of scam you see in movies. They charged him with money laundering and handed him over to IPJ Dolj. I wonder if these guys have Nea Gheorghe's tenants upstairs, who stash cash in the walls.
And so you don't think I'm skipping the glam life: influencer Cristina Ivone confessed on TikTok that she spent over 200 million old lei (40,000 euros) in two months with her ex-boyfriend's best friend, trapper Calinacho, to make him jealous. She admitted she was cheated on and that the gesture was desperate, begging him to come back. Man, I spent 200 lei at Mega with Brian and already feel guilty. But hey, to each their own madness.
Alright, I'm off to see if the BMW starts, because ever since I heard about this debt, my tire pressure seems to have dropped too.