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PM Grindeanu: the industrial sector contributed most to the economic growth of Q1

Monday, June 12, 2017

Premier Sorin Grindeanu said on Friday at the beginning of the meeting of the government that Eurostat confirmed that Romania recorded in Q1 of this year the highest  economic growth of the EU with 5.7% saying that he hoped that now things are  as clear as possible for those who contest the data. The head of the government wanted to underline ...

In the period 1.I-30.IV 2017, the exports and imports increased by 9.0% and by 10.5%, respectively

Monday, June 12, 2017

In the period 1.I-30.IV 2017, the FOB exports amounted to 20234.8 million euro and the CIF imports amounted to 23602.2 million euro. In the period 1.I-30.IV ...

Sibiu and Luxembourg to celebrate their 10th anniversary of having been named European capitals of culture by EU

Monday, June 12, 2017

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On next Saturday, June 17, Sibiu and Luxembourg will celebrate their 10th anniversary of having been named European capitals of culture by the European Commission, at the Sibiu International Drama Festival (FITS), with Romania's incumbent President Klaus Iohannis, back then the mayor of Sibiu, in attendance as a special guest, FITS Director Constantin Chiriac said ...

President Iohannis to meet today US President Trump, Secretary of State Tillerson on Friday

Friday, June 9, 2017

Romania's President Klaus Iohannis will be meeting on Friday in Washington DC his American counterpart Donald Trump and the United States Secretary of State Rex Tillerson, as part of a visit to the US. According to the schedule, President Iohannis will meet on Friday Secretary of State Rex Tillerson at the State Department, and afterwards he will be welcomed ...

AMRO Applauds Trump-Iohannis Meeting

Friday, June 9, 2017

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 According to the statement sent to ACTMedia, the American-Romanian Business Council (AMRO) applauds President Donald J. Trump for meeting with Romanian President Klaus Iohannis on Friday. This first state visit from a European Union head of state during the Trump Administration demonstrates the key importance of the U.S.-Romania relationship. The bilateral dialogue between the United States and Romania presents important opportunities this ...

Premier Sorin Grindeanu was received by French counterpart Edouard Philippe at Hôtel de Matignon in Paris

Friday, June 9, 2017

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Romanian Premier Sorin Grindeanu was received on Thursday morning by his French counterpart Edouard Philippe at the latter's official residence at Hôtel de Matignon. Sorin Grindeanu was greeted by Edouard Philippe on the steps of the building in a ceremony also attended by members of the French Republican Guard. This is Edouard ...

Ambassador Sorin Ducaru attended "Black Sea and Balkans Security Forum - 2017"

Friday, June 9, 2017

Ambassador Sorin Ducaru, who is also a NATO assistant secretary general and head of the NATO's Emerging Security Challenges Division says that, in his opinion, the North Atlantic Alliance is going through a complex security context in an entire ...

EC Deputy Secretary-General Jean-Eric Paquet starts today an official visit to Romania

Friday, June 9, 2017

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European Commission Deputy Secretary-General Jean-Eric Paquet will be paying an official visit to Romania on Friday to meet state officials to discuss main aspects related to human rights observance in Europe as well as securing the right transposition and on schedule of the EU legislation, the European Commission Representation in Bucharest said Thursday in a press ...

Eurostat: Romania - greatest economic growth in EU in 2017 Q1

Friday, June 9, 2017

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Romania recorded the most significant economic advance among the 28 EU Member States, with a Gross Domestic Product (GDP) growth of 5.6 pct in the first quarter of 2017, against the same period in 2016, shows the third estimate released Thursday by the European Statistical Office (Eurostat). At an annual pace, the eurozone economy climbed 1.9 pct in the ...

BNR's Voinea: Romania has to face more than Brexit, it must cope with Glexit

Friday, June 9, 2017

Romania must face not only Brexit, but also a tendency of getting out of globalization, as defined at present, called Glexit, considering that in a year and a half it will hold the presidency of the European Union, BNR deputy governor Liviu Voinea declared on Tuesday at a conference organized by ELEC Romania. Brexit brings changes Romania must cope with and Glexit is another challenge, Voinea considers. “Brexit changes ...

Euro trades at 4.5698 lei on Thursday

Friday, June 9, 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 ...

Romania surpassed Greece according to the GDP adjusted value in Q1

Friday, June 9, 2017

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Romania surpassed Greece according to the adjusted value of the GDP in Q1 this year and has all the chances to close 2017 with a value of the GDP higher than that of Greece, becoming the biggest economy in the Balkans, excluding Turkey, after almost four decades of Greek supremacy. The series of data published on Wednesday by the European Office of statistics, Eurostat, and consulted by News.ro shows that in Q1 of this year, the value of the GDP of ...

World Bank can support projects for preserving biodiversity of Tulcea County

Friday, June 9, 2017

The World Bank can support projects for preserving biodiversity of Tulcea County even in the context of the Integrated-Danube Delta Territorial Investment (ITI-DD) financial mechanism existing, World Bank Country Manager for Romania and Hungary Elisabetta Capannelli said Thursday, according to a press release of the Tulcea County ...

IN QUARTER I 2017, THE CONSTRUCTION WORKS DECREASED BY 13.0% COMPARED TO QUARTER I 2016

Friday, June 9, 2017

- In Quarter I 2017, 10084 dwellings went into use, 1506 less compared to Quarter I 2016.  Dwelling constructions decreased by 13 pct in the first quarter of this year, as compared to the same period last year, and most of the dwellings (58.5 pct) were built in the urban area, according to data released on ...

Smartree index: Private sector hiring in Romania up 13 pct in Q1

Friday, June 9, 2017

Employers in the private sector paid higher wages in the first quarter of the year, while the number of fresh hires has also gone up in Romania, according to an index by Smartree, the HR outsourcing company, business-review.eu informs. The number of fresh hires in the private sector rose by 13 percent in the first three months of the year, with the highest demand coming from industries such as software development, pharma, automotive and ...

Cultural Consumption Barometer: Churches and culture houses widely spread elements of cultural infrastructure

Friday, June 9, 2017

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Churches (99%), culture houses (76%), local festivals (76%), parks (75%) and libraries (71%) are, according to popular conception, widely spread elements of cultural infrastructure in Romania, according to 2016 Cultural Consumption Barometer,launched at the National Library on Wednesday. According to the study, made by the National Institute for Cultural Research and Training, 60% of respondents consider that there should be more press distribution ...

In Paris, PM Grindeanu attended a ceremony welcoming Romania to the Nuclear Energy Agency

Thursday, June 8, 2017

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Romania's Prime Minister Sorin Grindeanu on Wednesday arrived in Paris to attend a ceremony welcoming Romania to the Nuclear Energy Agency (NEA) of the Organisation for Economic Co-operation and Development ...

Minister Viorel Stefan signs in Paris a convention regarding the combating of fiscal evasion

Thursday, June 8, 2017

The minister of public finances (MFP) Viorel Stefan signed on Wednesday in Paris the Multilateral Convention for the implementation in all fiscal treaties of the measures regarding the prevention of the erosion of the taxable basis and transfer of profits (BEPS),a press release of the institution says. According to him, Romania approved last year the accession to the Forum for the implementation of the BEPS project, joining the countries  which ...

PM Grindeanu, Bulgaria's Zakharieva discuss justice reform, lifting CVM

Thursday, June 8, 2017

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Justice reform, the fight against corruption, bilateral cooperation for the end of the Co-operation and Verification Mechanism (CVM) gauging progress with judiciary reforms and for an end to airport control of inbounding Schengen flights were some of the topics discussed on Wednesday in Bucharest by Romania's Prime Minister Sorin Grindeanu and visiting Bulgaria's Foreign Minister Ekaterina ...

ForMins of Romania-Bulgaria-Greece trilateral format to convene on June 21 in Bucharest

Thursday, June 8, 2017

Romania, Bulgaria and Greece's foreign ministers will be convening in Bucharest on June 21 as part of the Romania- Bulgaria-Greece trilateral cooperation format, Romania's Foreign Minister Teodor Melescanu informed on Wednesday. In her turn, Bulgaria's Foreign Minister Ekaterina Zakharieva said that these formats have proved useful. "They are advantageous in ...

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