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USR and PNL will  contest to the  Constitutional Court the law which offers superimunity to the judges of the Court

Monday, February 19, 2018

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The Save Romania Union– USR and the liberal party – PNL (opposition) will contest to the Constitutional Court of Romania (CCR) the amendments brought to the law no.47/1992 regarding the organisation and functioning of the Constitutional Court according to which the judges of the court cannot be criminally investigated, detained or sent to the tribunal unless they get the vote of two thirds of them, at the proposal of the minister of justice, in his turn summoned ...

DefMin Fifor, Lockheed Martin president Marillyn Hewson in Munich talk about military cooperation

Monday, February 19, 2018

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The National Defence Minister Mihai Fifor on Saturday in Munich has met with the president of the US Lockheed Martin company, Marillyn Hewson, the two discussing about the military cooperation, Fifor reiterating the importance to developing cooperation with the Romanian defence industry companies, according to a release sent on Saturday.The talks between Mihai Fifor and Marillyn Hewson were focused on the military cooperation, considering that the Defence Ministry ...

ForMin Melescanu : Support for Western Balkans - a priority for Romania

Monday, February 19, 2018

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Romania's Foreign Minister Teodor Melescanu attended an informal meeting of the EU foreign affairs ministers (Gymnich) in Sofia on Thursday and Friday, where he reconfirmed Romania's commitment to the EU continuing its enlargement policy and support for the Western Balkans, the Romanian Foreign Ministry (MAE) reported in a press statement on Friday.The meeting also addressed current affairs on the European and international agenda, such as Syria and North ...

The European commissionaire Johannes Hahn reiterates the support for the European roadmap of the Republic of Moldova

Monday, February 19, 2018

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The premier of the Republic of Moldova Pavel  Filip had on Saturday a meeting with the EU Commissionaire for European Policy for Neighbourhood and Extension Negotiations Johannes Hahn on the margin of the Conference for Security in Munich. The two officials discussed about the actions of the Republic of Moldova to achieve the reform agenda, including through the possibility to meet the conditions connected to macro financial assistance on the part of the EU, informs a ...

Bloomberg Misery Index: Romania is heading in the wrong direction

Monday, February 19, 2018

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Romania has climbed 16 positions in the Bloomberg top of the world’s “most miserable economies”. Bloomberg Misery Index places Romania in 2017 on the 34th place in the ranking and warns that the country is heading in the wrong direction, digi24.ro informs. Bloomberg points out that the economists see a 3.3 percent inflation rate for 2018, after much more subdued price growth last year, pushing its misery down 16 notches. The National ...

Balance of payments and external debt – December 2017

Monday, February 19, 2018

In January - December 2017, the balance-of-payments current account posted a deficit of EUR 6,464 million, compared with EUR 3,498 million in January – December 2016; the deficit on trade in goods and that on primary income ...

Minutes of the monetary policy meeting of the National Bank of Romania Board on 7 February 2018

Monday, February 19, 2018

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The National Bank of Romania Board members present at the meeting: Mugur Is?rescu, Chairman of the Board and Governor of the National Bank of Romania; Florin Georgescu, Vice Chairman of the Board and First Deputy Governor of the National Bank of Romania; Eugen Nicol?escu, Board member and Deputy Governor of the National Bank of Romania; Liviu Voinea, Board member and Deputy Governor of the National Bank of Romania; Marin Dinu, Board member; Daniel D?ianu, Board ...

The estimates of the CFA analysts  regarding the euro-leu rate and ROBOR in 2018

Monday, February 19, 2018

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Certified Financial Analysts – CFA expect this year that the exchange rate pass the threshold of 4.7 lei/euro, the ROBOR indicator for three month to get up to 3% and inflation in the next 12 months to grow to 3.7%, shows a survey published on Monday by CFA Romania. ‘In January 2018 the indicator for macroeconomic trust of CFA Romania increased by 5 points to the value of 46 points. This evolution was due to the anticipations on the ...

Reuters: Bavaria Fin Minister rejects eurozone expansion to Romania, Bulgaria

Monday, February 19, 2018

 Bavarian Finance Minister Markus Soeder on Wednesday rejected any expansion of the eurozone to include countries like Bulgaria and Romania, and said his conservative party also opposed euro bonds and creation of a European finance minister post, Reuters correspondent reports. Soeder, slated to become premier of the prosperous German state, won applause from some 4,000 people at a political Ash Wednesday rally with his comments, noting that his ...

Banca Transilvania offers to buy remaining 33.2% of Moldova's Victoriabank

Monday, February 19, 2018

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Romania’s Banca Transilvania [BSE: TLV] said on it Wednesday it is launching the mandatory public tender offer for the minority stake it does not already own in Victoriabank, Moldova’s third-largest lender, seenews.com informs. "The mandatory public tender offer is targeted exclusively towards the minority shareholders of Victoriabank and it applies to the remaining 8.3 million shares, or 33.2% of total ordinary nominative shares with ...

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