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President Iohannis to participate in an informal meeting of EC called the Tallinn Digital Summit

Friday, September 29, 2017

President Klaus Iohannis on Friday will participate in an informal meeting of the European Council on digital topics called the Tallinn Digital Summit in ...

Patriarch Kirill of Moscow and All Russia has accepted Patriarch Daniel's invitation to come to Romania, October 26-28

Friday, September 29, 2017

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Patriarch Kirill of Moscow and All Russia has accepted Patriarch Daniel's invitation to come to Romania to celebrate Saint Dimitrie the New, October ...

Chairman of the Moldovan Parliament Andrian Candu, at the Cotroceni Presidential Palace

Friday, September 29, 2017

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Romania's President Klaus Iohannis on Thursday welcomed Chairman of the Moldovan Parliament Andrian Candu at the Cotroceni Presidential Palace, where he said that Romania is continuously and strongly supporting the European agenda of the Republic of Moldova. "Mentioning his recent substantial meeting with the prime minister of the Republic of Moldova at the ...

Senate's Tariceanu: Iohannis is championing this corrupt power system in Romania

Friday, September 29, 2017

The head of state, Klaus Iohannis is the one "championing a corrupt power system", by turning a blind eye to the malfunctions of the functioning of the institutions that make up the rule of law in Romania, on Thursday said the Senate's President Calin Popescu-Tariceanu. "As we speak, in Romania we have grave deficiencies as regards the functioning of the bodies making up the rule of law. Incredible abuses are brought to the public attention by the ...

Presidency: Calin Popescu-Tariceanu is "out of touch with economic reality”

Friday, September 29, 2017

Presidential spokesperson Madalina Dobrovolschi on Thursday commented recent statements by Chairman of the Romanian Senate, Calin Popescu-Tariceanu on fuel prices, saying about him that he is "out of touch with economic ...

CSM: negative opinion on a bill amending justice legislation

Friday, September 29, 2017

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At a plenary meeting on Thursday, the Supreme council of Magistrates (CSM) decided by a majority vote to issue a negative opinion on a bill amending justice ...

Ambassador Klemm: US has certain concerns against the proposals of amending the Justice laws

Friday, September 29, 2017

The United States of America has certain concerns against the proposals of amending the Justice laws and deem that they could "reverse" Romania's path as regards the rule of law, on Thursday said the U. S. Ambassador to Romania, Hans ...

Bucharest, Romania, Bulgaria, Austria, Hungarry undertake to complete BRUA project

Friday, September 29, 2017

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The BRUA gas pipeline project will be completed in all four countries involved, according to a memorandum of understanding signed in Bucharest on Thursday, Romanian Energy Minister Toma Petcu told a press conference. "We are at a very advanced stage with the BRUA project. We issued the building permit, we have conducting procedures for assigning the construction works, and contracts have already been signed for the design part and for the part ...

PM Tudose had a meeting with the European Commission's Vice President Maros Sefcovic

Friday, September 29, 2017

Romania stays fully committed to attaining the goals of the Energy Union, on Thursday said Prime Minister Mihai Tudose at a meeting with the European Commission's Vice President Maros Sefcovic, according to a release by the Romanian government ...

EC: largest VAT Gaps were reported in Romania

Friday, September 29, 2017

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EU countries lost an estimated total of 152 billion euros in Value-Added Tax (VAT) revenues in 2015, according to a new study by the European Commission released on Thursday. While average EU figures are improving, individual VAT collection performances vary significantly amongst Member States. The largest VAT Gaps were reported in Romania (37.2 percent), Slovakia ...

Suciu(BNR): ROBOR depends on the level of liquidity on the banking market

Friday, September 29, 2017

The average interest rate at which the Romanian banks borrow among them (ROBOR) depends on the level of liquidity on the banking market and during this period the index is in a period of resettlement, says Dan Suciu, spokesman for the National Bank of Romania (BNR). The BNR released a 1.52pct Romanian Interbank Offered Rate (ROBOR) level for the three-month ...

Euro trades at 4.5990 lei on Thursday

Friday, September 29, 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 RON 1 Euro EUR 4.5990 1 US dollar USD 3.9069 1 Swiss franc CHF 4.0126 1 British pound GBP 5.2211 100 Japanese yen JPY ...

The bill on construction-free to enter into force starting with January 1, 2018

Friday, September 29, 2017

President Klaus Iohannis has signed on Thursday the decree promulgating the bill for the amendment of Law no. 227/2015, par. 465 on the Tax Code, whose reexamination he had requested in Parliament. On President Iohannis's request, Parliament reexamined par. 465 of the Tax Code, changing the method of calculation of the tax on plots of non-agricultural land of up to ...

Fraser Institute : Romania leads SEE countries by economic freedom

Friday, September 29, 2017

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Romania is the top performer among 10 countries of Southeast Europe (SEE) in terms of economic freedom, the Fraser Institute said in its 2017 annual report on economic freedom in the world, seenews.com reports. Five SEE countries improved their scores compared to last year's edition, while five were ranked lower, according to the report published on the website of the Canada-based think-tank. The ranking measures the degree of ...

TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD SEPTEMBER-NOVEMBER 2017

Friday, September 29, 2017

Moderate growth tendency of activity in industry, retail trade and services ? Stability in the number of employees in industry, constructions and services Moderate price growth in industry and ...

As many as 56 Romanian companies to participate in Cologne international food fair

Friday, September 29, 2017

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Romania will be setting up a national stand at the most important convention of the year of the European and world food industry, organised once every two years, the Anuga International Fair - Taste the Future, according to a press statement released by Romania's Ministry for Business Environment, Trade and ...

Public investment in buildings in Central, Eastern and South-East Europe insufficient: BPIE suggests a buildings infrastructure financing platform

Friday, September 29, 2017

  Only 3% of the public funds that could be used to support energyefficiency investments in the Central, Eastern and South-East Europe region are dedicated to upgrading buildings, according to analysis by the Buildings Performance Institute Europe (BPIE), a press release sent by the Institute to ACTMedia reads.   Though the region is burdened with energy poverty and energy security concerns, the current allocation of ...

Kolinda Grabar-Kitarovic, Croatian President, expected on state visit to Romania next week

Thursday, September 28, 2017

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Romania's President Klaus Iohannis will meet his Croatian counterpart Kolinda Grabar-Kitarovic, as part of the latter's state visit to Romania, October 2-4. "October 2-4, at the invitation of the President of Romania, Klaus Iohannis, the President of the Republic of Croatia, Mrs. Kolinda Grabar-Kitarovic, will be on a state visit to Romania. The visit is in line with the rising trend in the bilateral relations between the two countries over the last ...

President Iohannis to attend Tallinn Digital Summit on Friday

Thursday, September 28, 2017

President Klaus Iohannis will attend on Friday the informal meeting of the European Council called Tallinn Digital Summit, in Estonia, presidential spokesperson Madalina Dobrovolschi announced. She mentioned that at his summit digital innovation initiatives are to be presented, but the major topics of the meeting will aim at the future of governance and security, as well as the future of economy and society. "During these ...

President Iohannis participated at the "Europe: Building Trust" symposium

Thursday, September 28, 2017

 It is paramount that beyond the inherent uncertainty of the security context, a minimum of predictability to those who plan in this field must be guaranteed at political level, said on Wednesday President Klaus Iohannis, in the opening of the "Europe: Building Trust" symposium, ongoing in Bucharest. "The outcome of the strategic order's planning process must have a finalisation, from ensuring an increased flexibility in the procurement to the ...

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