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PSD has convened on Monday to decide composition of Dancila Cabinet

Monday, January 22, 2018

The meeting of the PSD National Executive Committee is convened on Monday at 4:00 pm to decide the composition of the new Government headed by Prime Minister Designate Viorica Dancila, according to some political sources.The cited sources said that the structure of the future Cabinet would not be changed.The future Government will no longer include some of the Tudose Cabinet ministers, including Marcel Ciolacu and Marius Nica, who has already announced ...

EurActiv: Dragnea's perfect new proxy PM

Monday, January 22, 2018

Third time may be the charm for the leader of Romania’s ruling party, euractiv.com reads. After winning the elections in December 2016, Liviu Dragnea's aim was to have a government led by someone who would blindly follow his orders. But power struggles within his PSD party (Social Democrats) have now forced out a second prime minister in seven months. A quick replacement was found in European Parliament lawmaker Viorica Dancila, who ...

EU Funds minister Marius Nica tenders resignation

Monday, January 22, 2018

Minister Delegate for European Funds Marius Nica decided to hand in his resignation from office, three months into his mandate, the Ministry of Regional Development, Public Administration and European Funds (MDRAPFE) said in a Friday release."Marius Nica has decided to resign as Minister Delegate for European Funds after three months in office during which MDRAPFE has signed financing contracts worth an aggregate of over 4 billion euro," the document ...

Tens of thousands people protested against amendments to Justice Laws

Monday, January 22, 2018

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Around 50,000protesters braving snow joined an anti-corruption march in the Romanian capital of Bucharest on Saturday evening. Thousands more demonstrators also took to the streets in large cities across the country, including in the Cluj, Timisoara, Constanta, Bacau, Sibiu and Iasi. Euronews’ Hans Von der Brelie talked to protesters in and around Bucharest during the ...

ForMin Melescanu to attend on Monday Foreign Affairs Council meeting in Brussels

Monday, January 22, 2018

Foreign Minister Teodor Melescanu will attend on Monday the meeting of the Foreign Affairs Council (CAE), which will be held in Brussels, the Foreign Ministry has announced in a press release.According to the quoted source, the main topics of discussion on the agenda of the foreign ministers from the member states of the European Union are: Libya, the post-Cotonou agreement and the Middle East Peace Process.The ministers will attend a working luncheon, ...

Romania backs EU-San Marino association agreement

Monday, January 22, 2018

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Romania backs an association agreement between the European Union and San Marino, and the Romanian officials hope this agreement will be completed in 2019, when Romania holds the presidency of the Council of the European Union, Romanian Foreign Minister Teodor Melescanu said on Friday.He held a joint press statement with his counterpart of San Marino, Nicola Renzi.The Romanian Foreign Minister said this is the first visit of a Foreign Minister of San ...

Ambassador Grinkevich: up-and-coming cooperation will pave way for agri-products on Euro-Asia market

Monday, January 22, 2018

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Belarusian ambassador to Romania Andrei Grinkevich said on Friday in Targu Mures that multiple possibilities of cooperation between Belarus and the center-north Mures County have been identified, agricultural products included, mentioning that joint-investors cooperation would give the Romanian side the opportunity to sell their products for moderate taxes on the Euroasian market, as his country is a member of the Eurasian Customs Union.Grinkevich voiced his ...

Euro trades at 4.6614 lei on Friday

Monday, January 22, 2018

The exchange rate of the national leu currency resulting from the quotations announced on Friday by the banks authorised to operate on the currency market is as follows:CURRENCY SYMBOL RON1 Euro EUR 4.66141 US dollar USD 3.79841 Swiss franc CHF 3.97271 British pound GBP 5.2814100 Japanese yen JPY 3.4322 1 Moldovan leu MDL 0.22501 Russian rouble RUB 0.06711 new Turkish lira TRY 1.00301 Chinese renminbi CNY ...

Bucharest stock indices end week mostly in the red, turnover falls

Monday, January 22, 2018

Most Bucharest stock indices fell on Friday in lower turnover, Bucharest Stock Exchange (BVB) data showed, senews.com reports. The total equity turnover of the BVB fell to 47.5 million lei ($12.5 million/10.1 million euro) on Friday from 73 million lei on Thursday. Lender BRD Societe Generale [BSE:BRD] stood to 13.7 lei in the day’s largest turnover of 17.9  million lei. Natural gas ...

Governmental working group aims to create a competitiveness strategy for Romania

Monday, January 22, 2018

The Interministerial Committee for Competitiveness (CIC) has started collecting relevant data in order to fulfil the five priorities set in the National Competitiveness Strategy. CIC aims to concentrate its activity through a government initiative for competitivenes, business-review.eu informss. CIC has begun discussions dedicated to intelligent specialisation strategies, supporting the potential for innovation, research and reorientation of industry ...

BusinessMin Laufer: It's a priority for us to bring 3rd car producer in Romania

Monday, January 22, 2018

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Minister for Business Environment, Trade and Entrepreneurship Ilan Laufer on Friday reiterated an idea already mentioned several times over the past years that a third car producer is interested to come to Romania, but without giving the company name. "For the Ministry that I lead and for Invest Romania this is a priority to try next year to bring the third car producer in Romania," the Minister told a press conference.However, when the ...

Unemployment rate at 4.02 pct in December 2017

Monday, January 22, 2018

  The nationwide unemployment rate as of December 2017 was 4.02 percent, by 0.75 percentage points higher year-on-year and 0.02 percentage points higher than in November 2017, the National Employment Agency said in a Friday release.Of the 351,105 jobless registered with the local employment agencies 72,917 collect unemployment benefits.By gender, at 4.23 percent, the male unemployment rate was up from 4.18 percentage points in November, while the ...

Muntenia, Transylvania, Moldova and Dobrogea are under a code yellow alert for snow and blizzard on Monday

Monday, January 22, 2018

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A number of 22 counties in Muntenia, Transylvania, Moldova and Dobrogea are under a code yellow alert for snow and blizzard on Monday, according to the National Meteorological Administration (ANM).So, until Monday, 11:00 am, 14 counties, namely Caras-Severin, Arges, Teleorman, Olt, Dolj, Valcea and (in the mountainous area) Mehedinti, Gorj, Hunedoara, Sibiu, Alba, Brasov, Dambovita and Prahova, will be facing a code yellow alert for snowfalls. These areas will be ...

President Iohannis notifies CCR about law allowing MPs to operate as individual traders

Friday, January 19, 2018

President Klaus Iohannis on Thursday filed a constitutionality challenge with the Constitutional Court of Romania (CCR) related to the Law on modification of Law no. 161/2003 on measures ensuring transparency in exercising public dignities, public office and in business, preventing and sanctioning corruption.The Law was provided for promulgation on December 30 being about the modification of Law no. 161/2003, in the sense of removing such incompatibility between ...

Romania's incoming PM failed to shine as an MEP

Friday, January 19, 2018

Viorica Dancila was ranked near the bottom of the Parliament for attendance and once claimed Iran was in the EU, euronews.com reads. The appointment of Romania’s first female prime minister has proved a controversial process.President Klaus Iohannis named Viorica Dancila as his choice to lead the government yesterday.  Parliament, dominated by Dancila’s Social Democratic party, ...

US's Bruce Turner had a meeting with George Ciamba

Friday, January 19, 2018

Bruce Turner, Deputy Assistant Secretary for Verification, Planning, and European Security in the Bureau of Arms Control, Verification and Compliance, in a meeting with Romanian Secretary of State for strategic and bilateral affairs in Euro-Atlantic Area George Ciamba on Thursday expressed "the US special appreciation for the quality of the bilateral cooperation and within the multilateral framework between Romania and the USA, stressing Romania's significant contribution to ...

GRECO report on Romania: little progress in corruption prevention in respect of MPs, judges and prosecutors

Friday, January 19, 2018

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In a report published today ( Thursday, January 18), the Council of Europe’s anti-corruption body (GRECO) concludes that Romania has made very limited progress to implement its recommendations ...

EP schedules debate on Romania's justice situation in Strasbourg plenary sitting

Friday, January 19, 2018

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MEP Siegfried Muresan announced that on the level of the European Parliament it has been decided that the situation of justice in Romania be debated in the next plenary session, in February, in the plenary sitting in Strasbourg. He believes that the European Parliament decision reveals "the serious concern" existing on the European Union level regarding the attempts to weaken the justice system of Romania."The European Parliament will debate in the next plenary ...

New ambassadors of Cuba, Mexico , Armenia and San Marino presented copies of their letters of credence to President Iohannis

Friday, January 19, 2018

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President Klaus Iohannis welcomed on Thursday, at the Cotroceni Presidential Palace, Ambassadors Jose Guillermo Ordorica Robles (the United Mexican States), Roberto Cesar Hamilton Magana (the Republic of Cuba), Serghei Minasian (the Republic of Armenia) and Eros Gasperoni (the Republic of San Marino) for the presentation of the copies of their letters of credence.President Klaus Iohannis wished each ambassador success in fulfilling their mandate, assuring them of ...

EY Romania: Labor tax legislation leaves employers unequipped for freshly emerged practical issues

Friday, January 19, 2018

 The freshly enforced labor tax legislation does not offer employers solutions to the issues arisen in practice, consider EY Romania representatives."The changes made by the government to the labor taxation in Romania are measures that greatly impact millions of employees across the country. Unfortunately, the legislation that came into force on January 1, 2018 does not offer employers solutions to the issues that have already arisen, such as those related to ...

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