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Romania, Georgia signed a Memorandum of Understanding facilitating mutual support for military operations and joint military training

Friday, October 13, 2017

Secretary of State with Romania's Ministry of National Defence Mircea Dusa and Georgia's First Deputy Defence Minister Lela Chikovani signed a Memorandum of Understanding (MoU) on mutual support to the host nation, a document facilitating mutual support for military operations and joint military training, Romania's Ministry of National Defence (MApN) informed. Dusa and Chikovani had a bilateral meeting on the sidelines of the South-East Europe Defence ...

Meeting of Cooperation between China - Central and Eastern Europe (16+1), held in Budapest

Friday, October 13, 2017

State Secretary for Global Bilateral Affairs with Romania's Foreign Ministry (MAE) Monica Gheorghita participated on Wednesday in the meeting of national coordinators for Cooperation between China - Central and Eastern Europe (16+1), held in Budapest, where she also talked about the meeting of the energy ministers in the "16+1" format to take place in Bucharest in the first half of November. According to a press release of the Foreign Affairs Ministry (MAE), ...

Ambassador Klemm: 200 million euros worth investment made by the Ford Group for the production of EcoSport in Craiova

Friday, October 13, 2017

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The US Ambassador in Bucharest Hans Klemm on Tuesday stated in Craiova that the 200 million euros worth investment made by the Ford Group for the production of EcoSport in Craiova proves how much this company trusts Romania and the labour force in our country. The investment created around 1,700 new jobs in Craiova and the Romanian Government has shown its commitment towards the work that is done here, the ambassador stated. This is proving the government's ...

Badea (Eximbank): ROBOR remains in same area for next three months

Friday, October 13, 2017

ROBOR will remain, in the next three months,  in the same area it is now, but there will be a drop in January, said Dorin Badea, executive director of Treasury and Capital Markets at Eximbank. “Two recent events will mark the following months and the end of year. There was an excessive liquidity leak but now there is a liquidity deficit which we will find at the end of the month. The money can go either to the State Treasury, through taxes, ...

ROBOR rose on Thursday to 1.82 percent

Friday, October 13, 2017

Romania's three-month interbank offered rate ROBOR rose on Thursday to 1.82 percent from 1.78 percent on Wednesday and 0.87 percent early this year, shows data of the National Bank of Romania (BNR). The three-month ROBOR thus returned to the ...

Euro trades at 4.5915 lei on Thursday

Friday, October 13, 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 rejects all bids in 600 mln lei (131 mln euro) 2018 T-note auction

Friday, October 13, 2017

Romania on Thursday rejected all bids in a 600 million lei ($155 million/131 million euro) auction of Treasury bills due on October 15, 2018, central bank data showed quoted by seenews.com. Demand only amounted to 360.4 million lei. This is the third failed auction in October, when the finance ministry has planned to raise 2.44 billion lei. On October 5 and 9, Romania rejected all bids in two auctions of ...

Sistema Italia – the Italian model in Romania; a historic presence which comes back

Friday, October 13, 2017

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The Italian embassy to Bucharest together with the Italian Agency for Foreign Trade (the ICE Agency), the Italian Chamber of Commerce for Romania, the Confindustria Romania and the Italian Institute for Cultre organised the event ‚ Sistema Italia- The Italian Model in Romania: a historic presence which comes back’ at the residence of the Italian ambassador. On the occasion of the event there were presented the initiatives both economic as ...

INDUSTRIAL PRODUCTION1 INCREASED BY 2.0% IN AUGUST 2017 COMPARED TO JULY

Friday, October 13, 2017

In August 2017, industrial production decreased by 8.9% as gross series compared to the previous month and was up 2.0% as series adjusted by number of working days and seasonality. Compared to the same month of the previous year, industrial production rose by 10.3% as gross series and was up 9.8% as series adjusted by number of working days and seasonality. In the ...

PM Tudose about the perception in Brussels "which is quite different from reality here"

Thursday, October 12, 2017

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Premier Mihai Tudose said on Wednesday that magistrates' accountability must exist just as litigants are also being held accountable. He also spoke about two different perceptions of the ministers with criminal issues - the reality provided ...

Deputy PM Shhaideh investigated in the Belina case by DNA

Thursday, October 12, 2017

Deputy Prime Minister Sevil Shhaideh on Wednesday went to the National Anti-Corruption Directorate (DNA). She came accompanied by a lawyer, saying at the entrance that she was called for ...

IMAS Survey : PSD drops 10pc, PNL on recovery trend; confidence in Dragnea has decreased from 31.5% in January to 18.7% in September

Thursday, October 12, 2017

* In the Friday ACTMedia 's Daily Bulletin you can find an analysis of these data. Sociologist Alin Teodorescu has presented the latest IMAS survey on voting ...

The motion on healthcare titled "PSD, a serious harm to health" rjected by deputies

Thursday, October 12, 2017

The Chamber of Deputies rejected on Wednesday by a vote of 149 to 97 and 19 abstentions the simple motion on healthcare titled "PSD, a serious harm to health", initiated by the opposition's National Liberal Party (PNL), the Save Romanian Union (USR) and the People's Movement Party ...

Civil society thank 3,500 magistrates signed a memorandum demanding the withdrawal of the bill amending the laws of Justice

Thursday, October 12, 2017

Civil society representatives gathered on Wednesday in front of the Bucharest Tribunal to thank the 3,500 magistrates who signed the memorandum to Premier Mihai Tudose and Justice Minister Tudorel Toader, asking them to withdraw the bill on the amendment of the Justice ...

Euractiv: News agency chief denounces ‘political takeover‘ of Romanian state media

Thursday, October 12, 2017

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The acting director of AGERPRES, the Romanian national news agency, denounced on Wednesday (11 October) new legislation which he described as a “huge step back” in terms of media freedom of media in Romania, and said he was “afraid of what could follow”, euractiv.com informs. Alexandru Giboi, acting director-general of AGERPRES, spoke of the “political subjugation” of the media outlet, following what he described as ...

Government secretary general to lead Romania’s Court of Accounts

Thursday, October 12, 2017

Mihai Busuioc, who is the Government’s secretary general, has received the approval of the Parliament’s budget committees to take over as president of the Romanian Court of Accounts, romania-insider.com reads. Busuioc is a close collaborator ...

US Missile Defense Deployment in Romania Threatens Russia - Senior Diplomat

Thursday, October 12, 2017

*According to the Russian Foreign Ministry, the US deployment of its missile launchers at a base in Romania violates the Intermediate-Range Nuclear Forces Treaty, sputniknews.com informs. By deploying missiles in Romania, the US is violating ...

Raiffeisen raises Romania's 2017 GDP growth forecast to 5.7%

Thursday, October 12, 2017

 Raiffeisen Bank Romania said on Wednesday it has revised its forecast for the country's 2017 economic growth to 5.7%, up from 4.9% forecast in July, seenews.com informs In 2018, Raiffeisen sees Romania's economic growth decelerating to 4%. Like in most SEE countries, one of key factors in Romania's GDP growth this year is private consumption, Raiffeisen Bank said in its fourth quarter Central & ...

IN SEPTEMBER 2017, THE ANNUAL INFLATION WAS 1.8%

Thursday, October 12, 2017

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Consumer prices were up 1.8% in September 2017 compared to September 2016. The average rate of consumer prices based on the CPI over the last 12 months (October 2016-September 2017) as compared to the previous 12 months (October 2015-September 2016) was 0.4%. The average rate based on the HICP was 0.5%. The annual inflation went up in September to 1.8 pct from 1.2 pct in ...

Euro trades at 4.5854 lei on Wednesday

Thursday, October 12, 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 ...

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