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În Israel, DefMin Les met his Israeli counterpart Avigdor Lieberman

Monday, May 8, 2017

National Defence Minister Gabriel Les had a meeting with his Israeli counterpart Avigdor Lieberman, that was also attended by Prime Minister Sorin Grindeanu, on the sidelines of the Romanian Governmental delegation's visit to the State of Israel, the discussions focusing on the intensification of bilateral cooperation in the Defence area and the development of the security situation in the Black Sea and Middle East regions. According to a release of the ...

Marco Giungi is the new Italy's ambassador to Romania

Monday, May 8, 2017

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The stage and perspectives of Romanian - Italian relations were among the subjects discussed at the meeting this Friday of Foreign Minister Teodor Melescanu with Italy's approved ambassador to Romania Marco Giungi, on the occasion of the diplomat's presenting his credentials, the Foreign Ministry informed in a ...

BNR keeps unchanged the monetary policy rate at 1.75 percent per annum

Monday, May 8, 2017

The Administration Board of the National Bank of Romania (BNR) on Friday decided to keep unchanged the monetary policy rate at 1.75 percent per annum and to cut the minimum reserve requirement ratio on foreign exchange-denominated liabilities of credit institutions to 8 percent from 10 percent starting with the 24 May - 23 June 2017 maintenance period, BNR reported in a press statement on Friday The minimum reserve requirement ratio on leu-denominated ...

Euro trades at 4.5467 lei on Friday

Monday, May 8, 2017

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

The ministry of finances took another 60 million lei loan for a period of seven years in a supplementary bid

Monday, May 8, 2017

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The ministry of  finances sold on Friday state bonds worth 60 million lei with maturity on 29 April 2024 in a supplementary bid to that of Thursday when they took445.2 million lei (98 million euro) over the value programmed at an average yield of 3.46% per year, show the data published by BNR. Following the supplementary bid of Friday the cumulated worth of the bid was 505.2 million lei. The bid on Thursday was the seventh ...

World Bank Debars Tehnoplus Medical S.R.L. for Corrupt Practices Relating to a Project in Romania

Monday, May 8, 2017

 The World Bank Group this Friday announced the debarment of Tehnoplus Medical S.R.L for two years, a press release sent to ACTMedia by WB Romania informs The debarment is part of a Negotiated Resolution Agreement (NRA) between the World Bank and the company following a World Bank investigation into allegations of bribery under the Romania Health Sector Reform 2 Project.  According to evidence unveiled by the investigation, Tehnoplus paid Euros 168,860 ...

The Department for Agriculture of the US: the productions of wheat and barley in Romania are expected to drop in 2017

Monday, May 8, 2017

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The harvests of wheat and barley of Romania have good prospect, but the production is estimated to drop in 2017 due to the reduced area of plantation, according to a report of the Department  for Agriculture of the US, - USDA sends Mediafax. Exports of wheat of Romania are expected to reach a record this season, but they are estimated to drop in the next season. The Romanian production of wheat is expected to drop with 1.8% in the year 2017-2018 ...

Minister Dan: the migration phenomenon at the South-West border of Romania is "under control"

Monday, May 8, 2017

 Minister of Internal Affairs Carmen Dan stated on Friday, in a press conference that was held in Bistrita, that the migration phenomenon at the South-West border of Romania is "under control," but a supplementation of personnel in this area is taken into ...

Romania to participate in the first edition of the ITB Shanghai International Tourism Fair, May 10-12

Monday, May 8, 2017

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Romania will participate in the first edition of the ITB Shanghai International Tourism Fair, from May 10 to 12, the event being exclusively dedicated to the business segment of the tourism industry, announced on Friday, the Tourism Ministry, in a press release. According to the source, over 600 top "hosted buyers" from China have confirmed their participation in the event and will hold pre-scheduled meetings with participants from different ...

PM Grindeanu had a meeting with Premier Netanyahu in Jerusalem and participated in the signing of two bilateral documents

Friday, May 5, 2017

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  Romania's Prime Minister Sorin Grindeanu said on Thursday in Jerusalem that Romania stays firmly committed to supporting the fight against terrorism. "The recent terrorist attacks in Europe are alarming and, regrettably, Romanians were also killed in these appalling acts. Romania stays firm in its commitment to support the fight against terrorism. We ...

"Romania and Germany - New Chances for Europe?" conference

Friday, May 5, 2017

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The Romanian-German relations have grown steadily since the signing of the Political Treaty between the two countries on April 21, 1992 in Bucharest, and have now acquired a privileged character of strategic nature, underlines President Klaus Iohannis in the message sent to the participants at the "Romania and Germany - New Chances for Europe?" conference.   "As stated in the preamble to the Treaty, the two states undertook to act so as ground their ...

Romanian MEP calls for EU-funded anti-Russian propaganda project

Friday, May 5, 2017

Romanian MEP Siegfried Mure?an (EPP) has proposed that the EU fund a project to the tune of €3 million aimed at combatting Russian propaganda on social media networks,  EURACTIV Romania ...

Ambassador Osman Koray Ertas: USD 10 billion in trade between Romania and Turkey is one of our objectives in Romania

Friday, May 5, 2017

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A value of USD 10 billion in trade between Romania and Turkey is one of the Turkish officials' objectives in Romania, ambassador of Turkey to Romania Osman Koray Ertas told an event organised on Thursday by the Turkish Business People Association in Romania (TIAD). Ambassador Osman Koray Ertas referred to a previous high attained by bilateral trade at USD 8 billion, but added that there has since been a decline that took the figure to approximately USD 5 ...

USD 59,300 donated by US ambassador Hans Klemm to the Superior Consistory of the Evangelic Church Sibiu

Friday, May 5, 2017

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 Ambassador Hans Klemm donated $59,300 to the Superior Consistory of the Evangelic Church Sibiu under the auspices of the special U.S. Department of State program called the "Ambassador Fund for Cultural Preservation.", a press release sent to ACTMedia by the Press Office of the US Embassy reads. The grant is being provided to help restore the Medieval Fortified Churches of Movile, Agarbiciu (both in Sibiu) and Daia (Mures).  This morning, ...

ForMin Melescanu: I am in favor of a high level meeting between the European Union and the US

Friday, May 5, 2017

Foreign Affairs Minister Teodor Melescanu stated on Thursday that he is in favor of a high level meeting between the European Union (EU) and the US, in which to be discussed the effect of the US foreign policies' changes over ...

Defence Ministry: Dusa and Lebanese defence minister talk about intensifying bilateral dialogue

Friday, May 5, 2017

Mircea Dusa, the secretary of state for defence policy and planning had a meeting with the Lebanese defence minister, Yacoub Sarraf on Thursday about Romania turning to account the real potential of relations with Lebanon in the field of defence. That is possible by intensifying top political-military dialogue and practical training and instruction activity. According to a Defence Ministry press release, the meeting was held as part of an official ...

CCR: Law banning sentenced people to be Gov’t members – constitutional

Friday, May 5, 2017

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   The Constitutional Court of Romania (CCR) on Thursday rejected as inadmissible the Ombudsman's exception of unconstitutionality to Law 90/2001, which refers to the article prohibiting convicted people from being members of the Government CCR specifies that it rejected as inadmissible the Ombudsman's notification regarding the article prohibiting convicted persons from being members of the Government, as the reasons ...

Minister Toader: it is good news that the amendments voted on Wednesday to the pardon bill were annulled

Friday, May 5, 2017

The Justice Minister Tudorel Toader on Thursday said it is good news that the amendments voted on Wednesday to the pardon bill were annulled. "It is good news. (...) Wisdom has prevailed," said Tudorel Toader at exiting the Superior Council of Magistracy (CSM)'s headquarters. Upon his arrival at CSM, Toader was specifying that he expressed hope that the pardon law will finally be a balanced, without corruption deed's ...

BNR's Isarescu: Romania must adopt at one point euro currency; problem is when and not if

Friday, May 5, 2017

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Romania has to adopt at one point the euro currency, the problem is when, and not if, because we don't have the opt-out option, Governor of the National Bank of Romania (BNR) Mugur Isarescu stated on Thursday at the "Good Governance Summit." From a judicial perspective, adopting the euro currency it's something that has been done, because, excluding UK and ...

Euro trades at 4.5448 lei on Thursday

Friday, May 5, 2017

The exchange rate of the national leu currency resulting from the quotations announced on Thursday by the banks authorized to operate on the currency market is as follows:CURRENCY SYMBOL ...

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