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Ambassador Klemm: I will encourage Donald Trump to visit Romania

Thursday, April 6, 2017

US Ambassador to Bucharest, Hans Klemm declared on Wednesday in Botosani, that he will encourage the new American president, Donald Trump, to visit Romania. The Head of American diplomacy in Romania said that a visit of the American President in our country would be "a great achievement". It's been a long time since a US president came here and it would be a great achievement if this should happen. I would really like to encourage the new ...

Ambassador Jinga underscored the importance of IGN in UN Security Council reform

Thursday, April 6, 2017

In a speech to the third plenary intergovernmental negotiations (IGN) on UN Security Council reform, held April 3-4 at the UN headquarters in New York, Romania's permanent representative to the UN Ion Jinga underscored the importance of IGN in such ...

PM Grindeanu had a meeting with Polish Ambassador in Bucharest, Marcin Bartlomiej Wilczek

Thursday, April 6, 2017

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Prime Minister Sorin Grindeanu had a meeting with Polish Ambassador in Bucharest, Marcin Bartlomiej Wilczek, Thursday at Victoria Palace, and they discussed about bilateral relations, the implications of the UK exiting the European Union, but also about European funds, specifies a press release issued by the Executive. According to the source, the two officials appreciated the "very good" evolution of bilateral economic relations, the ongoing political ...

In May, PM Grindeanu to visit Israel and Austria

Thursday, April 6, 2017

Prime Minister Sorin Grindeanu stated on Wednesday that the trips he will take in May to Israel and Austria will be "the perfect opportunities" to improve political and economic relations between Romania and these two countries. "In early May, we have scheduled two important trips to Israel and Austria. They will be the perfect opportunities for improving political relations, but more importantly the economic relations between our countries," said ...

NATO blocks transport of Mig 29 aircrafts from Russia to Serbia – report

Thursday, April 6, 2017

According to inserbia.info, It seems that Mig 29 aircrafts which Belgrade received from Moscow will have to be delivered in parts, as Romania and Bulgaria, both members of NATO, have not allowed overflights, reports Dnevne.rs, citing Serbian daily “Alo!”Military analyst Miroslav Lazanski said that aircrafts would have most likely already been delivered to Serbia if these two countries gave the right of overflights. “It is not because ...

Forum for Security Cooperation meeting marked the closing of the Romanian Chairmanship of this body of OSCE

Thursday, April 6, 2017

The meeting of the Forum for Security Cooperation (FSC) on Wednesday marked the closing of the Romanian Chairmanship of this important decision-making body of the Organization for Security and Co-operation in Europe (OSCE), informs a release of the Foreign Affairs Ministry (MAE).By exercising the FSC Chairmanship, January through April, Romania took upon an outstanding profile in the multilateral diplomacy aiming to be part of the peace, security and co-operation ...

ECHR : Romania had a reduction on the number of cases în 2016

Thursday, April 6, 2017

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According to a press release sent to ACTMedia, the European Court of Human Right (ECHR) awarded 7 940 726  euros in just satisfaction to applicants in cases concerning Romania in 2015. This sum fell to €4.104 685,48 in 2016.The ECHR awarded €20,473,112 in “just satisfaction” to applicants in cases concerning Turkey in 2016; the next highest figures were €15,127,537 concerning Italy, €7,380,062 concerning Russia, €4,168,864 ...

JusMin Toader about abuse of office threshold: I will send out draft without threshold

Thursday, April 6, 2017

The draft law for putting in agreement the provisions of the criminal codes with the Constitutional Court of Romania (CCR) decisions will be sent for public debate and parliamentary procedure, Justice Minister Tudorel Toader said on Wednesday, reiterating that he would not set a threshold for the abuse of office. "I know very well the content and the reasons backing the Constitutional Court decisions referring to the abuse of office, because I was ...

BNR to keep unchanged the monetary policy rate at 1.75 percent per annum

Thursday, April 6, 2017

At a meeting of April 5, 2017, the Administration Board of the National Bank of Romania (BNR) decided the to keep unchanged the monetary policy rate at 1.75 percent per annum to maintain the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions, according to a press statement released by BNR on Wednesday.The board also decided to pursue adequate liquidity management in the banking ...

Euro trades at 4.5416 lei on Wednesday

Thursday, April 6, 2017

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

 Romania to contract a EUR 60 ml loan from IBRD for the financing of the Justice Services Improvement Project

Thursday, April 6, 2017

 Romania will contract a EUR 60 ml loan from the International Bank for Reconstruction and Development (IBRD) for the financing of the Justice Services Improvement Project, according to the bill for the ratification of the relevant agreement, which was adopted by the Government on Wednesday. According to a Government release, the total estimated cost of the project is EUR 65 million, of which 60 million covered from the IBRD loan and EUR 5 million are ...

Isarescu (BNR): Wage increases are inevitable, but they must be kept under control

Thursday, April 6, 2017

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Wage increases are inevitable and this labor force movement boosts them, but they must be kept under control in a reasonable manner, said on Wednesday the governor of the National Bank of Romania (BNR), Mugur Isarescu, in a press conference. "We monitor them (e. n. wage increases). Several trimesters ago I said that given the workforce migration, I presented here in front of you, if I'm not mistaken and in the last report on inflation also an indicator, I ...

KPMG issues 2017 European minimum wage survey

Thursday, April 6, 2017

KPMG in Romania has issued a survey on minimum wage requirements in all EU and EEA member states and Switzerland. The survey is in its second edition, and this year it brings extra information on the status of the transposition of Directive 67/2014 / EU into the local legislation of each Member State. The study’s aim is to provide employers with valuable information on the legal requirements of the countries ...

EY study: 31% of the Romanian companies consider that the business environment is affected by corruption

Thursday, April 6, 2017

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Despite the progress recorded in combating corruption in Europe, the Middle East, India and Africa (the EMEIA area) 51% of the surveyed companies in the study Erst&Young (EY) EMEIA Fraud Survey still keep a large spread of the practices connected to corruption in their countries. In Romania the percentage is 31% dropping against 2015 when the percentage was 39%. 27% of the total of interviewed state that bribery is practiced ...

Statistics: 2016 exports of wooden articles, up 1.8 percent from 2015

Thursday, April 6, 2017

 Romania's 2016 exports of wooden articles (furniture excluded) totalled 1.05 billion euros, up 1.8 percent from 2015, according to data with the National Institute of Statistics (INS). Imports of wooden articles reached 408.4 million euros, up 15.7 percent from 2015, which gave a trade surplus of nearly 642 million euros. Romania's 2016 FOB exports totalled 57.386 billion euros, up 5.1 percent from the year before, while CIF imports ...

ESPAD research: Consumption of tobacco and alcohol continues to record high values among the 16-year teens

Thursday, April 6, 2017

Consumption of tobacco and alcohol continues to record high values among the 16-year teens, the ESPAD last research carried by the National Anti drug Agency (ANA) on 2015, with support of the National Education Ministry (MEN), reads, informs a release by the ANA. According to the source, the 16-year teenagers who have consumed an alcoholic beverage is 77.9 percent, down from the previous studies and further placed under the ESPAD (European School Survey ...

Cultural Palace in Blaj, winner of EU Prize for Cultural Heritage / Europa Nostra Awards 2017 Category Conservation

Thursday, April 6, 2017

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  The European Commission and Europa Nostra revealed Wednesday the winners of the 2017 European Union Prize for Cultural Heritage / Europa Nostra Awards, Europe’s top honour in the heritage field. The 29 laureates from 18 countries are being recognised for their notable achievements in conservation, research, dedicated service, and education, training and awareness-raising. Independent expert juries examined a total of 202 applications, submitted by ...

Ambassador Hamilton: CETA is a historic agreement

Wednesday, April 5, 2017

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Under the new EU-Canada Comprehensive Economic and Trade Agreement (CETA) Romanian experts will be allowed to practice in this North American state, where they will have their studies recognized, Canadian ambassador in Bucharest Kevin Hamilton told a dedicated conference organized in partnership with Romania's Chamber of Commerce and Industry. The Treaty is ...

International conference “Interaction between political majority and opposition in democracy”, April 6-7

Wednesday, April 5, 2017

The Presidential Administration, next to Venice Commission and Council of Europe, organizes at Cotroceni Palace, on Thursday and Friday (April 6-7), the international conference “Interaction between political majority and opposition in democracy”, whose works will be opened by president Klaus Iohannis. The conference was established upon Klaus Iohannis’ visit at Council of Europe in Strasbourg. The suggestion ...

Meeting în Paris between Harlem Désir and his Romanian counterpart Ana Birchall

Wednesday, April 5, 2017

Minister of State for European Affairs Harlem Désir met on April 4 with Ana Birchall, Romania’s minister delegate for European affairs. They underscored the similar views held by France and Romania on the major challenges facing the future of the European Union following the Rome Summit and ahead of Romania’s EU Council presidency in the first half of 2019. They also discussed expanding bilateral relations, ...

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