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Reuters: U.S., partners plan European military exercise with 25,000 troops

Thursday, June 8, 2017

About 25,000 military forces from the United States and 23 other countries will take part in a large-scale military exercise called "Saber Guardian" planned in Bulgaria, Hungary and Romania next month, Reuters informs. In addition, several U.S. B-1B heavy bombers have arrived in Britain in support of two separate multinational exercises planned in the Baltic region and other parts of Europe this month to improve coordination ...

NATO PDD – ASPEN INSTITUTE ROMANIA JOINT CONFERENCE IN BUCHAREST, JUNE 9-10, 2017: Threats. Resilience. Society

Thursday, June 8, 2017

This high level international conference is the fourth event co-organized by the Aspen Institute Romania in collaboration with NATO on topics of allied security. The conference takes place in a complicated and evolving regional security context.The joint purpose of the Aspen Institute Romania and NATO's Public Diplomacy Division is to address Romania's relevance in the region and its role as a contributor in a deepened dialogue on a set of complex issues. These ...

PAKISTAN, ROMANIA AGREE TO STRENGTHEN DEFENCE COOPERATION

Thursday, June 8, 2017

Romanian Ambassador calls on Minister for Defense Production in Islamabad Pakistan and Romani have agreed to explore the potential of cooperation in defense production, radio.gov.pk informs. The understanding came at a meeting between Minister for Defense Production Rana Tanveer Hussain and Romanian Ambassador Nicolae Gola in Islamabad on Wednesday. In ...

Council of Europe urges states to step up their action to prevent corruption

Thursday, June 8, 2017

The Group of States against Corruption of the Council of Europe (GRECO) has called on European governments, parliaments and judicial governing bodies to step up their efforts to create more effective preventive ...

Dragnea, about abuse of office: the specialists to establish a threshold

Thursday, June 8, 2017

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The social-demcrat (PSD) chairman Liviu Dragnea stated on Wednesday in the Parliament that after the decision of the Constitutional Court which refers to abuse of office the specialists must establish the value of the threshold for this crime and said the amendment of the Criminal code is going to be made through law, not emergency ordnance. Asked about the amendment of the criminal code to be in agreement with the CCR decision, Dragnea said that they ...

PSD's Dragnea has no intention to replace Premier Sorin Grindeanu in office

Thursday, June 8, 2017

Social Democrat leader Liviu Dragnea said that he has no intention to replace Premier Sorin Grindeanu in office, but pointed out that the governing program committed to by the Social Democratic Party (PSD, major at rule) and its allies is not an easy one and that as such, an assessment of the ministers' activity is underway in this period, which will be followed by a series of proposals to be referred for approval to the PSD National Executive ...

Uniform public pay bill was adopted by the Deputies' Chamber

Thursday, June 8, 2017

The uniform public pay bill was adopted on Wednesday in the plenary meeting of the Deputies' Chamber, which is the decision-making chamber in this case, 188 to 28 and 47 abstentions. The form of the unitary pay law submitted to the Chamber of ...

GROSS DOMESTIC PRODUCT IN Q1 2017 WAS, IN REAL TERMS, BY 1,7%1 HIGHER, AS COMPARED TO Q4 2016

Thursday, June 8, 2017

As against the same quarter of 2016, the Gross Domestic Product recorded an increase by 5.7% for the unadjusted series and by 5.6% for the seasonally adjusted series; The seasonally adjusted series of quarterly Gross Domestic Product did not changed, the revision of the estimates for Q1 2017 as compared to the “flash” estimates published by Press release no. 125 of May 16, 2017 ...

IN QUARTER I 2017, THE NET INVESTMENTS IN THE NATIONAL ECONOMY DECREASED BY 3.1%

Thursday, June 8, 2017

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- Compared to quarter I 2016, in quarter I 2017 the net investments in the national economy summed up to 12836.9 million lei, decreasing by 3.1%.   Net investment in national economy dropped 3.1 pct in Q1 2017 from the same period of 2016 to 12.83 billion lei, the National Institute of Statistics (INS) ...

Unemployment rate in April 2017 stood at 4.34 percent

Thursday, June 8, 2017

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Romania's unemployment rate in April 2017 stood at 4.34 percent, 0.21 percentage points below the previous month and down 0.35 percentage points y-o-y, the National Employment Agency (ANOFM) reports. As many as 74,253 out of a total of 380,813 ...

The Media Fact Book report: the value of the media market in Romania will grow in 2017 up to 403 million euro

Thursday, June 8, 2017

The media market in Romania will get in 2017 to a value of 403 million euro, up  by 10% as compared to last year, the specialists estimate in the 21st edition of the Media Fact book report. ‘2015  and 2016 brought on the media market the biggest growth after the crisis, and this trend is expected to continue. This positive evolution depends on the factors which are connected to the economy of the country, thus being helped last year by ...

PM Grindeanu starts today a two-day working visit to Paris

Wednesday, June 7, 2017

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Prime Minister Sorin Grindeanu starts on Wednesday a two-day working visit to Paris, where he will participate in the ceremony for Romania's accession to the Nuclear Energy Agency of the Organisation for Economic Co-operation and Development (NEA OECD) and will have a meeting with ...

President Iohannis met the Central Intelligence Agency (CIA) leaders

Wednesday, June 7, 2017

President Klaus Iohannis met the Central Intelligence Agency (CIA) leaders on Tuesday, during the visit to the United States, and the discussions with the Director Mike Pompeo tackled issues such as combating terrorism, transatlantic ...

New PNL leaders to be elected on June 18, after congress

Wednesday, June 7, 2017

Raluca Turcan, the interim president of liberal party - PNL declared on Tuesday, at the end of the National Political Bureau meeting, that they decided that the new central leadership of the party should be elected by the National Coordination Council on June 18, a day after the congress where the new president of the party will be elected. “Today (Tuesday-.e.n) we decided in the National Permanent Bureau to organize the National Coordination ...

CCR rejects referral on abuse of office and recommends Parliament to decide on the threshold for damages

Wednesday, June 7, 2017

 The Constitutional Court of Romania (CCR) has rejected on Tuesday the objection of unconstitutionality raised by Bombonica Prodana, former wife of social-democrat leader Liviu Dragnea (PSD – ruling party), regarding the lack of a threshold for damages regarding the abuse of office, stating that it is not its duty to decide, recommending Parliament to set such a threshold, sources say. Tthe former wife of PSD leader Liviu Dragnea is part in ...

Minister Vasilescu: all wages in the public sector will increase by 25 pct as of January 1, 2018

Wednesday, June 7, 2017

Labor Minister Lia Olguta Vasilescu announced that all wages in the public sector will increase by 25 pct as of January 1, 2018, according to the latest version of the uniform pay law agreed upon on Tuesday with the Ministry of ...

FinMin Stefan: budgetary impact of uniform public pay bill to stand at 8.6pct of GDP in 2018

Wednesday, June 7, 2017

The impact of the uniform public pay bill will be standing at 8.6 percent of the Gross Domestic Product (GDP) in 2018; preferably, that should have not exceed 8 precept, but anything between 8 and 9 percent is sustainable, Finance Minister Viorel Stefan said Tuesday after meeting Prime Minister Sorin Grindeanu. "This morning at eight we started a meeting ...

Euro trades at 4.5655 lei on Tuesday

Wednesday, June 7, 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 follows: CURRENCY SYMBOL ...

Finance Ministry places state bonds of 200 million lei for 14 years

Wednesday, June 7, 2017

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The Finance Ministry succeeded to place Tuesday state bonds of 200 million lei due on September 24, 2031 at an average profit drop of 4.12% per year, on the background of growing demand, according to data published by the National Bank of Romania. The seven banks participating in the auction offered 256.6 million lei, exceeding the amount announced initially by the auction. This result cam after a partial failure at the previous auction of April 3, ...

More than 1.3 billion USD total Indian investments in Romania

Wednesday, June 7, 2017

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According to data sent to ACTMedia by Mr. Ravi Chandar, First Secretary, Commercial Representative & Consular Officer în the Embassy of India to Bucharest, major companies like Wipro (IT services IN Bucharest and Timisoara and hydraulic cylinders manufacturing unit in Ramnicu Valcea with over 1250 employees), Genpact (around 4000 employees with offices in Bucharest and Cluj-Napoca), SunPharma (formerly Ranbaxy under name of Terapia SA ...

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