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Bulgarian President Rumen Radev, in official visit to Romania

Wednesday, June 28, 2017

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President Klaus Iohannis will welcome Republic of Bulgaria President Rumen Radev on Wednesday at the Cotroceni Presidential Palace, on occasion the latter is paying an official visit to Romania until Thursday, at the invitation of the head of state, informs a Presidential Administration release. The visit is aimed at strengthening the Romanian-Bulgarian political dialogue on the main common interest topics on the bilateral, regional, European and ...

Lord Mayor of the City of London is visiting Romania on Thursday and Friday

Wednesday, June 28, 2017

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Lord Mayor of the City of London Andrew Parmley, ambassador of the British financial services, is visiting Romania on Thursday and Friday, in order to strengthen the trade ties between the City of London, the world's leading financial centre and Bucharest, "a blossoming space of banking, legal, Fintech and financial services' industries," informs a press release of the UK Embassy.Andrew Parmley will meet government and business leaders, as well as policymakers and ...

President Iohannis signed the decree on Mihai Tudose's designation as candidate for the Prime Minister office

Wednesday, June 28, 2017

President Klaus Iohannis on Tuesday signed the decree on Mihai Tudose's designation as candidate for the Prime Minister office, in order to ask for Parliament's vote of confidence on the programme and list of the new government, the Presidential Administration informed. PM-designate Mihai Tudose on Tuesday said "work power" and "experience" recommend him for the Prime Minister office. According to the Romanian National Television ...

Chief Prosecutor Laura Codruta Kovesi signed în Paris a bilateral cooperation agreement between DNA and PNF

Wednesday, June 28, 2017

Romania's National Anti-Corruption Directorate (DNA) and the French National Financial Prosecutor's Office (PNF) signed on Tuesday in Paris a bilateral cooperation agreement. According to a DNA release, the two institutions were represented at the official document-signing ceremony by DNA Chief Prosecutor Laura Codruta Kovesi and by PNG head Eliane Houlette. The agreement provides for the beefed-up co-ordination of investigations falling ...

General Prosecutor's Office classified the case about the presidential elections of December 2009

Wednesday, June 28, 2017

The General Prosecutor's Office decided to classify the case in which "in rem" investigations were conducted after the disclosures of journalist Dan Andronic about the presidential elections of December 2009. "The prosecutors of the criminal investigation and forensic section within the Prosecutor's Office attached to the High Court of Cassation and Justice decided to classify the case previously mentioned as, from the evidence gathered, it was established ...

2.2 billion lei, budget deficit în the first five months of 2017

Wednesday, June 28, 2017

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Aggregate national budget implementation in Romania closed the first five months of 2017 on a deficit of 2.2 billion lei, or 0.27 percent of the Gross Domestic Product (GDP), as against 0.8 billion and 0.1 percent of the GDP in the first five months of 2016, according to the Finance Ministry. Aggregate revenue advanced 7.9 percent in nominal terms, while outlays increased by 9.4 percent. Value-Added Tax (VAT) revenue went down 5 percent, while excise duty ...

Euro trades at 4.5630 lei on Tuesday

Wednesday, June 28, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Tuesday by the banks authorized to operate on the currency market is as ...

Romania sells 100 mln euro in 2021 T-notes, yield falls

Wednesday, June 28, 2017

Romania on Tuesday sold a planned 100 million euro ($111.8 million) worth of Treasury notes maturing on February 26, 2021, central bank data showed quoted by seenews.com. The average accepted yield was 0.36%, down from 0.42% achieved in the previous auction of government securities of the same issue held in March, the data indicated. Demand for the T-notes, which carry an annual coupon of 1.25%, fell to 262.2 million euro from ...

Industrial Barometer: May 2017 results show oscillations in industry

Wednesday, June 28, 2017

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According to the Industrial Barometer, made by IRSOP & SNSPA, Management Faculty, activity in industry in May was invigorated after April slowdown. The monthly evolution shows a pattern which seems to repeat itself every year. Activity grows in Q1, drops in the last and goes from one month to another in the middle of the year. Every month IRSOP and SNSPA ask a sample of managers whether output in their company, stocks, orders, hirings and other ...

In Q1 of 2017, the employment rate for the working age population was 61.2%

Wednesday, June 28, 2017

In the first quarter of 2017, the employment rate for the population aged 20-64 years was 66.2%, at a distance of 3.8 percentage points of the national target of 70% established in the context of the Strategy Europe 2020. In the first quarter of 2017, the economically active population of Romania was 8804 thousand persons, out of which 8323 thousand were employed persons and 481 thousand unemployed ...

Tamaian (TM): Romania ranks among last for road safety; daily average 5 deaths

Wednesday, June 28, 2017

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Romania is among the last countries for road safety, according to European statistics on road accidents and their consequences, said Mihai Tamaian, secretary of state in the Transport Ministry (TM), at PIN Talk “Road Safety in Romania: Challenges and Opportunities”. “European statistics on road accidents and their consequences show that, unfortunately, Romania ranks among last for road safety. Road accident casualties are about 1,900 ...

How can we ensure that fewer people die on Romania’s roads?

Wednesday, June 28, 2017

Ask any resident of Romania whether their roads are safe and they will answer a resounding “no”. In 2016, fatalities on Romania's road reached 1,913 - more than double the number of fatalities compared with the EU-28 average of 925, writes Radoslaw ...

Romania was condemned at the ECHR for violating the freedom of expression

Wednesday, June 28, 2017

The European Court of Human Rights sentenced Romania for violating the right to free expression in a case which involved the mayor of Constanta, Radu Mazare and the journalist Feri Predescu, fairpress.eu/blog reads. The social democrat mayor, who is a very controversial figure, for his political influence and relations with powerful businessmen sued the journalist for criticising him in a TV show. He is also known for his eccentricities, such as organizing pharaonic festivals ...

New worldwide ransomware attack GoldenEye also affects Romania

Wednesday, June 28, 2017

Several companies and public institutions in Romania have been affected by a new ransomware attack called GoldenEye, which has also hit many users in Ukraine, Russia, Denmark, and Spain, on Tuesday, according to Romanian antivirus producer Bitdefender, writes ...

91 Iraqi and Syrian people detected at the Nadlac II crossing point , hiding in a truck registered in Turkey

Wednesday, June 28, 2017

As many as 91 Iraqi and Syrian people - 44 men, 18 women and 29 children - were detected on Tuesday at the Nadlac II crossing point at the border between Romania and Hungary, hiding in a truck carrying car parts. According to a press statement by the Oradea Border Police Inspectorate, they were attempting to illegally reach a country in the Schengen. The truck, registered in Turkey, driven by Turkish national Ylmaz R., 46, reached the Nadlac ...

PSD's Mihai Tudose designated by President Iohannis for Premier

Tuesday, June 27, 2017

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Mihai Tudose, the Social Democratic Party (PSD)'s proposition for Prime Minister, was designated by President Klaus Iohannis for Premier on Monday evening, after consultations at the Cotroceni Presidential Palace with the parliamentary parties. "This crisis we are going through - as it is a political crisis - does a lot of harm to Romania. It harms the Romanian ...

General Prosecutor's Office closes file on OUG 13

Tuesday, June 27, 2017

The prosecutors of the General Prosecutor's Office have decided to close the file on the adoption of the Government Emergency Ordinance (OUG) No. 13 through which several changes were brought to the criminal codes. In March 2017, the General Prosecutor's Office has opened a criminal file in connection with the adoption by the Grindeanu gov't on 31 January ...

Draft law through empowering the Government to issue ordinances adopted by the Senate

Tuesday, June 27, 2017

The Senate adopted on Monday, with 80 votes 'in favour' and 34 'against', the draft law through which the Government is empowered to issue ordinances in domains that are not subject to organic laws. The Liberal senators have announced that they are voting against the draft law on the grounds that Romania does not yet have a government voted by the Legislative, ...

Former Romania President Traian Basescu elected as honorary president of the National Union Party of the Republic of Moldova

Tuesday, June 27, 2017

Former Romania President Traian Basescu was elected on Sunday as honorary president of the National Union Party (PUN) of the Republic of Moldova, at the PUN's extraordinary Congress, at the proposal of this party's executive president, Anatol Salaru, a former Defence Minister, the Radio Chisinau informs. The PUN charter member, Anatol Salaru asserted that the ...

Friz wants autumn session of NATO to address deepening cooperation between Ukrainian army, Romania

Tuesday, June 27, 2017

Head of the Subcommittee for the Security of State Information Systems of the Verkhovna Rada Committee on National Security and Defense Iryna Friz (the Petro Poroshenko Bloc faction) supports the initiative to deepen the interaction of the Ukrainian Armed Forces with the Romanian counterparts and intends to raise this issue during the autumn session of the NATO Parliamentary Assembl, kyivpost.com reports. “With the development of military ...

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