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Study: Romanians more optimistic about consumption and want to make bigger purchases

Friday, April 28, 2017


At the end of the first quarter of the year the consumers’ economic expectations in Romania grew by 18.3 points, the same level as the one obtained in October 2015, people being ready to make bigger purchases, the GfK study about the consumption climate in Europe points out. A year ago, the indicator was still 3.3 points. Consequently, Romanians have a more optimistic outlook on the future than they had 12 months ago, the study ...

Documentation for the extradition of Sebastian Ghita was sent to the Justice Ministry in Serbia on Wednesday

Friday, April 28, 2017

 Justice Minister Tudorel Toader said that the documentation for the extradition of former deputy Sebastian Ghita was sent to the Justice Ministry in Serbia on Wednesday and the Romanian authorities applied a procedure stipulated in the treaty with this country of extending the deadline for the transmission of the necessary ...

European Film Festival will open with Finish film The Other Side of Hope

Friday, April 28, 2017


Over 60 films will be screened at this year’s edition of the European Film Festival,taking place between May 4 and May 28. More than 35 films will be shown for the first time in Romania at the event, which aims to promote the diversity of European cinema. The films in the program cover a variety of genres, from documentaries, biographic films, and dramas to animations, comedies, thrillers and horror films. Most of the films ...

EUROPAfest's new edition starts May 11 with a double opening gala concert in Bucharest and Sibiu

Friday, April 28, 2017


EUROPAfest will return with a new edition between May 11 and May 20 this year, bringing more than 300 artists from 42 countries to Romania, as well as special guests from U.S., Australia, Venezuela, Brazil, and Japan. The event will be organized in Bucharest and Sibiu, and will gather four music genres – jazz, blues, pop and classical under the motto It’s all about live quality music!. EUROPAfest ...

Georgian Prime Minister Giorgi Kvirikashvili started an official visit to Romania

Thursday, April 27, 2017


President Klaus Iohannis welcomed, on Wednesday at the Cotroceni Presidential Palace, Georgian Prime Minister Giorgi Kvirikashvili, in which context he encouraged strengthening the partnership with ...

PM Grindeanu and Georgia Prime Minister Giorgi Kvirikashvili adopted a political declaration

Thursday, April 27, 2017

Georgia will continue to be a friend and partner country of Romania, Prime Minister Sorin Grindeanu said on Wednesday, during some joint press statements with Georgia Prime Minister Giorgi Kvirikashvili. Sorin Grindeanu also said that the political ...

Parliamentary meeting devoted to the "Iasi - 1916-1918 Capital City of the Kingdom of Romania and Great Union City" centennial anniversary

Thursday, April 27, 2017

If the Romanians are able to raise to the moral height of their ancestors, they will know how to overcome the present and how to write their future, Princess Margareta on Wednesday told the festive parliamentary meeting devoted to the "Iasi - 1916-1918 Capital City of the Kingdom of Romania and Great Union City" centennial anniversary. Princess Margareta ...

Ambassador Brummel : 2017 will the most intense year in terms of defence cooperation

Thursday, April 27, 2017

 UK ambassador to Romania Paul Brummel says 2017 will the most intense year in terms of defence cooperation, while NATO exercises prove the excellent collaboration between the two countries. As far as defence collaboration is concerned, Brummel said in Constanta, I believe 2017 will be the most intense year in a very long time. He added that there are land exercises, navy visits, including the HMS Daring and HMS Duncan ships, and four Typhoon fighter ...

S.O.S. The World Of Blue

Thursday, April 27, 2017

by Dr Ion Jinga Ambassador, Permanent Representative of Romania to the United Nations, New York Motto: “The ...

Garanti Bank revises upwards Romania’s economic growth estimate to 4 pct in 2017

Thursday, April 27, 2017

Garanti Bank has increased its forecast regarding GDP growth in 2017, to 4 percent, from 3.7 percent estimated last year, due to improved expectations for trade and industry, business-review.eu informs. “2017 is about maintaining macroeconomic stability and most importantly, about encouraging investments, in order to improve the sustainability of the economic advance and drive productivity growth. Romania has solid macroeconomic fundaments and ...

The Industrial barometer for March 2017: the sky is clearing in industry

Thursday, April 27, 2017


The volume of production increased from 53 percentage points in February to 64 in March reaching the highest level in the last 11 months, shows the  Industrial Barometre made by IRSOPC&SNSPA the Management Faculty for March 2017. The strong coming back seems to have boosted by the increase of demand for export. Every month, IRSOP and SNSP ask a sample of managers if the production, the orders, the stocks and ...

Romania's CFA Macroeconomic Confidence Index dips in March

Thursday, April 27, 2017

CFA Romania, an association of investment professionals, said on Wednesday that the state of the country's economy is expected to slightly worsen in the next 12 months, seenews.com reads. The CFA Society Romania Macroeconomic Confidence Index for March decreased by 0.1 of a point compared to the previous month, reaching 56.8 points, CFA said in a monthly survey. The decrease was mainly due to a slightly more negative ...

Eurostat: Employment rate of people aged 20 to 64 in the EU reached a new peak at 71.1% in 2016

Thursday, April 27, 2017


Seven Member States already achieved their 2020 targets   In 2016, the employment rate of the population aged 20 to 64 in the European Union (EU) stood at 71.1%, up compared with both 2015 (70.1%) and its previous peak recorded in 2008 (70.3%). The Europe 2020 strategy target is to reach a total employment rate for people aged 20 to 64 of at least 75% in the ...

Population of Romania on 1st of January, 2017 decreased with 0.3% as against 1st of January, 2016

Thursday, April 27, 2017


On 1st of January, 2017 1 , the permanent resident population was 22223 thousands persons. Urban and female population are in majority (56.3%, respectively 51.2%). The phenomenon of demographic ageing has increased, the elderly population of 65 years old and over exceeding the young population of 0?14 years with almost 269 ...

Extradition of Sebastian Ghita, postponed to 40 days

Thursday, April 27, 2017

At the request of the Romanian Ministry of Justice, judges in Serbia have extended the deadline for the Romanian Government to send the documents requesting the extradition of Sebastian Ghita to 40 days. Normally, the Minister of Justice had to send these documents within 18 days since the moment the Romanian businessman was captured in Belgrade, digi24.ro informs. Serbia’s Justice Ministry confirmed on Wednesday for hotnews.ro that it has ...

President Iohannis rejects recent populist attempts to place foreign and Romanian investment in opposition

Wednesday, April 26, 2017


President Klaus Iohannis said on Tuesday that he categorically rejects recent populist attempts to place foreign investment in opposition to Romanian capital. "I categorically reject recent populist attempts to oppose foreign investments to Romanian capital, multinational companies to Romanian SMEs," Iohannis told the event "Romania's President in Dialogue ...

PM Grindeanu on Brexit: Romania remains UK's friend, ally

Wednesday, April 26, 2017


Romania will remain UK's friend and ally, irrespective of the UK position whether inside or outside the European Union, Romania's Prime Minister Sorin Grindeanu said Tuesday. He made the statement at the beginning of a first meeting of Romania's Brexit Interministerial Council hosted by the Government House. "I have decided to convene ...

Detention conditions in Romanian prisons are in breach of the Convention and point to a structural deficiency requiring the adoption of general measures by the State

Wednesday, April 26, 2017


There is the Press release issued Tuesday by the Court sent to ACTMedia: In today’s Chamber judgment1 in the case of Rezmives and Others v. Romania (applications nos. 61467/12, 39516/13, 48213/13 and 68191/13) the European Court of Human Rights ...

Neweurope : ECHR gives Romania six months to improve prison conditions

Wednesday, April 26, 2017

The European Court of Human Rights (ECHR) has Tuesday given the Romanian state has 6 months to present a plan of measures to address overcrowding and prison conditions, neweurope.eu reads. The ECHR also fined Romania 17,850 euros in the case of the plaintiff Rezmives (in the “Rezvimes and others vs. Romania” ...

Conference “Confronting Euro myths” on disinformation, of dismantling myths spread both in the public space and in the press

Wednesday, April 26, 2017

A network meant to counter fake news was set up within EU. How fake news spreads in the digital field will be followed by counteract measures, said Angela Cristea, head of European Commission office in Romania on Tuesday. “Spreading fake news is immediate and universal and lays huge responsibility on each Internet user and especially on opinion leaders. What can we do? First of all, the press, as guardian, the watchdog of democracy, can ...

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