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Eurostat: consumption prices in Romania rise from 0.6 percent in August up to 1.3 percent in September

Wednesday, October 18, 2017

  Euro area annual inflation was 1.5pct in September 2017, while recording a slight increase in the European Union, from 1.7pct in August up to 1.8pct, consumption prices in Romania also climbing from 0.6 percent in August up to 1.3 percent in September, according to data published on Tuesday by the European Statistical Office ...

Official: The government will continue to encourage the automotive sector in Romania

Wednesday, October 18, 2017

  The government will continue to encourage the automotive sector in Romania, Florin Vodita, state adviser working for the Prime Minister Mihai Tudose's apparatus, said on Tuesday. While attending the ...

U.S. COMPANIES AND ORGANIZATIONS VISIT SOUTHEAST EUROPE TO EXPLORE BUSINESS AND INVESTMENT OPPORTUNITIES

Wednesday, October 18, 2017

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More than 100 U.S. companies and economic development organizations (EDOs) are in Southeast Europe this week, exploring business and investment opportunities in five regional markets., a statement sent by the US Embassy to ACTMedia informs The U.S. Department of Commerce’s Trade Winds—Southeast Europe mission is bringing businesses and organizations from 29 states and across industry sectors to connect with opportunities ...

WB:Migration and Mobility – Europe and Central Asia Economic Update

Wednesday, October 18, 2017

The World Bank’s latest economic update for the Europe and Central Asia region, Migration and Mobility – Europe and Central Asia, will be launched on October 19, 2017 at the World Bank office in Warsaw, Poland. The report will be presented by Mr. ...

CSAT to convene Tuesday to discuss PESCO defence initiative

Tuesday, October 17, 2017

Romania's Supreme Council for National Defence (CSAT) will convene on Tuesday at the Cotroceni Presidential Palace, under the chairmanship of President Klaus Iohannis to discuss Permanent Structured Cooperation (PESCO) and its implications for Romania. "Taking into account the importance of this topic to the European Union and especially to Romania, Romania's President has ...

DefMin Fifor met in Bucharest with US congressmen Steve Russell and Matt Cartwright

Tuesday, October 17, 2017

Minister of National Defence Mihai Fifor met in Bucharest with US congressmen Steve Russell and Matt Cartwright, with talks focusing on security in the Black Sea region and the development of the US-Romania Strategic Partnership in the line of defence, the Ministry of National Defence said in a ...

PM Tudose, ruling coalition leaders discuss 2018 budget blueprint (sources)

Tuesday, October 17, 2017

Premier Mihai Tudose discusses on Monday with the leaders of the ruling coalition the draft 2018 budget, government sources said. In early September the Premier announced that next year's budget blueprint will reach Parliament in November. "The state budget bill will be developed and duly referred to Parliament in November for us to start next year with the approved budget," Tudose said in Parliament back ...

ForMin Melescanu attends an informal ministerial meeting in London that discusses European, intnl. security

Tuesday, October 17, 2017

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Romania's Foreign Minister Teodor Melescanu attended an informal meeting with the foreign ministers of Bulgaria, the Czech Republic, Croatia, Hungary and Poland, Slovakia and Slovenia in London on Sunday, at the invitation of his British counterpart Boris Johnson. Romania's Ministry of Foreign Affairs (MAE) informs in a press statement that the meeting ...

Parliamentary Assembly's Resolution 2188 (2017) Provisional version: New threats to the rule of law in Council of Europe member States

Tuesday, October 17, 2017

The Assembly notes with concern serious problems related to the rule of law in many member States of the Council of Europe. In its Resolution 2040 (2015), it regretted that a number of its recommendations concerning the safeguarding and strengthening of the rule of law had still not been implemented by certain member States. The Assembly ...

Committee of Chamber of Deputies rejected the DNA request regarding investigation of former minister Rovana Plumb

Tuesday, October 17, 2017

The law committee of the Chamber of Deputies on Monday rejected the request of the National Anti-corruption Directorate (DNA) regarding the start of the criminal investigation on former Environment minister Rovana ...

The 10th edition of Trade Winds: 100 US companies will come to Bucharest, October 18-20

Tuesday, October 17, 2017

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Prime Minister Mihai Tudose and several other ministers are going to participate over October 18-20 in the largest trade event organized on an annual basis by the US Trade Department - Trade Winds, reaching now its 10th edition, reads a release of the government on Monday. Thus, according to this source, approximately 100 US companies will come to Bucharest to get in touch with more than 50 Romanian companies, which will be an occasion to develop some ...

PM Tudose announced a new form of split VAT collection

Tuesday, October 17, 2017

 A new form of split VAT collection, which will respond to the requests made in this period by business representatives, will be presented shortly, Prime Minister Mihai Tudose announced on Monday in a meeting with representatives of the National Union of Romanian Employers ...

Current account deficit in the first eight months of this year, up 52.39pct

Tuesday, October 17, 2017

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The current account of the balance of payments recorded a deficit of 4.043 billion euros in the first eight months of this year, up 52.39pct compared to the similar period of 2016, according to the data with the National Bank of Romania (BNR), released on ...

FDI dropped by 18.56 pct in the first eight months of 2017

Tuesday, October 17, 2017

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Foreign direct investment (FDI) dropped by 18.56 pct in the first eight months of the year, as compared to the similar period of 2016, to 2.518 billion euro, ...

Euro trades at 4.5854 lei on Monday

Tuesday, October 17, 2017

 The exchange rate of the national leu currency resulting from the quotations announced on Monday by the banks authorized to operate on the currency market is as ...

Reuters: Romania rejects all bids at April 2019 bond tender

Tuesday, October 17, 2017

Romania rejected all bids at a tender to sell April 2019 treasury bonds on Monday, the fourth failed debt auction this month, central bank data showed quoted by Reuters correspondent. Debt managers, who had planned to sell 300 million lei worth of the paper, last auctioned it off in September 2016 at an average yield of 1.39 percent. They sold June 2019 bonds last month at an average yield of 1.46 percent. Low market liquidity ...

Study: 8 out of  10 companies have difficulty in finding valuable  candidates

Tuesday, October 17, 2017

The lack of valuable candidates is a problem which 86% of the Romanian employers face, the majority of the small and medium entreprises, which are taking part in a study made by eJobs and published on Monday, and access to specialised candidates is difficult  due to the lack of a strong recruitment brand. High competitiveness on the work market is one of the most important reason, but two  companies out of 10 consider that access to ...

Eurostat: În 2016, more than a third of the population was at risk of poverty or social exclusion in Bulgaria, Romania and Greece

Tuesday, October 17, 2017

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Last year, more than a third of the population was at risk of poverty or social exclusion in three Member States of the European Union: Bulgaria (40,4 percent), Romania (38,8 percent) and Greece (35,6 percent), according to data released on Monday by the European Statistical Office ...

Bucharest to host Qatar Trade Mission October 30-31

Tuesday, October 17, 2017

Bucharest will host the Qatar Trade Mission between October 30-31, business-review.eu informs. All interested Romanian companies are invited to participate in this business event, which proposes also B2B meetings with companies from Qatar and representatives of Qatar investors. The participating companies come from many fields: medical, oil and gas industry, plastics, packaging, metallic products, electrical products, ...

Iohannis met Donald Tusk at Cotroceni Palace: Romania does not accept proposals that lead to a multi-speed Europe

Monday, October 16, 2017

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President Klaus Iohannis welcomed President of the European Council Donald Tusk at Cotroceni Palace on Friday, saying that Romania does not accept proposals that lead to a multi-speed Europe. According to a press statement from the Presidential Administration, Tusk is in a process of consultation with the members of the European Council in order to prepare a ...

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