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DefMin Les: NATO rotational multinational brigade to be operational as of April

Thursday, March 16, 2017

 National Defence Minister Gabriel Les announced that the rotational multinational brigade of the North Atlantic Treaty Organization (NATO) that will station in Romania will reach in April its initial operational capacity, and in the autumn of 2018 - the final operational ...

IMF delegation had a meeting with Deputy PM and Regional Development Minister Sevil Shhaideh

Thursday, March 16, 2017

 Deputy PM and Regional Development Minister Sevil Shhaideh discussed on Wednesday about the public administration reform with a delegation of the International Monetary Fund (IMF) headed by Reza Baqir, the IMF mission chief for ...

Euro trades at 4.5429 lei on Wednesday

Thursday, March 16, 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 follows: CURRENCY SYMBOL ...

Lazea (BNR): Romania’s economy cannot increase by 5% for 10 years only on the basis of fiscal stimuli

Thursday, March 16, 2017

Fiscal stimuli cannot help Romania’s economy to increase constantly by 5% for 10 years as they are only short term measures, the only solution being structural reforms, stated on Tuesday the head economist of the BNR Valentin Lazea in a press conference organised by the Association of Financial-Banking Analysts in Romania (AAFBR). Romania must record an advance of minimum 5% for several years to reduced the gap against the developed countries in ...

In  January  2017,  the  turnover  of  market  services  rendered  mainly  to  enterprises  increased  by  7.3%

Thursday, March 16, 2017

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Compared  to  the  previous month, in  January  2017, the  turnover  of market  services  rendered mainly to enterprises, in nominal terms, decreased both as gross series (by 22.6%) and as series ...

THE CONSTRUCTION WORKS DECREASED BY 1.1% IN JANUARY 2017 COMPARED TO JANUARY 2016

Thursday, March 16, 2017

- Compared to the corresponding month of the previous year, the volume of construction works decreased, both as gross series and as adjusted series according to the number of working days and to seasonality by 1.1% and by 6.6%, respectively.   The volume of construction works ...

In January 2017, the wholesale turnover increased by 4.2% compared to January 2016

Thursday, March 16, 2017

As against the previous month, in January 2017 the wholesale turnover (excluding the trade with motor vehicles and motorcycles), in nominal terms, decreased both as gross series by 24.9% and as adjusted series according to the number of working days and to seasonality by 0.7% As against the corresponding month of the previous year, the wholesale turnover (excluding the trade with motor ...

Reuters: Romania Extradites Chile's Garay, Accused of Embezzling $900 Million

Thursday, March 16, 2017

Romanian authorities have extradited a Chilean fugitive accused of embezzling almost a billion dollars, the police said on Wednesday quoted by Reuters correspondent. Rafael Garay was arrested in the Romanian city of Brasov last November. Santiago de Chile had issued an international arrest warrant for him in September 2016, charging he had fled the country with about $900 million belonging to investors in a company he ...

President Iohannis met Davor Ivo Stier , Croatian Deputy PM, to discuss strengthening bilateral political and economic cooperation

Wednesday, March 15, 2017

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President Klaus Iohannis welcomed on Tuesday Deputy Prime Minister of Croatia and Minister of Foreign and European Affairs Davor Ivo Stier, with the talks underlining the importance of strengthening the Romanian-Croatian political and economic cooperation. According to a Presidential Administration release, the discussions were aimed at the bilateral ...

Europe’s prison population falls, but there is no progress in tackling overcrowding, says annual Council of Europe survey

Wednesday, March 15, 2017

* The number of people held in European prisons decreased by 6.8% from 2014 to 2015, although prison overcrowding remained a problem in 15 countries, according to the latest Council of Europe Annual Penal ...

Iohannis , satisfied with activity of general prosecutor and DNA chief prosecutor

Wednesday, March 15, 2017

President Klaus Iohannis is very satisfied with the activity of general prosecutor Augustin Lazar and of DNA chief prosecutor Laura Codruta Kovesi, according to sources from the Presidential Administration, quoted by news.ro. The statements were made when the minister of justice, Tudorel Toader, said he would have talks with the general prosecutor and separately with DNA chief prosecutor about the investigation on Government Decision 13. The minister ...

Daniel Constantin: There is tension in ALDE

Wednesday, March 15, 2017

The Alliance of Liberals and Democrats (ALDE, minor at rule) co-president Daniel Constantin declared in Sibiu, on Tuesday, that “there is definitely tension in ALDE”, which starts from the ...

DefMin Les met French Republic Ambassador in Bucharest Francois Saint-Paul

Wednesday, March 15, 2017

National Defence Minister Gabriel Les met on Tuesday with French Republic Ambassador in Bucharest Francois Saint-Paul, with the discussions focusing, among others, on the development of the military cooperation between the two states, a National Defence Ministry (MApN) release informs. According to the MApN, the meeting "represented a good occasion to reconfirm the special nature of the bilateral relation, through the perspective of the Strategic Partnership ...

New Ambassadors of Qatar, of Myanmar and of Bolivia presented the letters of credence at Cotroceni Palace

Wednesday, March 15, 2017

President Klaus Iohannis welcomed on Tuesday at the Cotroceni Palace Ambassador of the State of Qatar to Romania Abdullah Nasser Abdullah Alhumaidi, Ambassador of ...

PM Grindeanu to visit Italy after Romanian workers’ exploitation scandal

Wednesday, March 15, 2017

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Romanian prime minister Sorin Grindeanu will make a working visit to Italy between 15-17 March, together with representatives of the Interior Ministry and of the Ministry for Romanians Everywhere, business-review.eu reports. The visit comes after revelations that Romanian citizen who work at farms in Italian provinces of Sicily and Calabria are being exploited by their employers. “Prime minister Sorin Grindeanu ...

The Ombudsman took note ex-officio regarding the exploitation and sexual aggression of Romanian women în Italy

Wednesday, March 15, 2017

The Ombudsman took note ex-officio and will start the demarches with the Italian authorities in respect to the pieces of information regarding the exploitation and sexual aggression which thousands of women are submitted to, who work in Sicily, Italy, Spokesman of the institution Matei Virtosu announced in a press release sent on Tuesday. Virtosu revealed that the weekly British publication The Observer published on 12 March an article in which it alleges ...

IMF delegation met with leaders of the National Liberal Party (opposition)

Wednesday, March 15, 2017

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An International Monetary Fund delegation headed by IMF chief of mission for Romania and Bulgaria Reza Baqir met on Tuesday with leaders of the National Liberal Party (PNL, opposition). According to a PNL release, the talks focused on topics such as the ...

Euro trades at 4.5515 lei on Tuesday

Wednesday, March 15, 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 ...

Statistics: turnover of market services provided to the population in January 2017 was 7.7 pct lower

Wednesday, March 15, 2017

The business of travel agencies, tour operators and of the HoReCa industry contributed 4.7 pct to the increase in the turnover of market services provided to the population in January compared to the same period of 2016, announced the National Institute of Statistics (INS). According to official statistics, in comparison with December 2016, the turnover of market services provided to the population in January 2017 was 7.7 pct lower as raw series, as an effect ...

6 THOUSANDS PENSIONERS LESS IN THIRD QUARTER 2016 AS AGAINST OF THE PREVIOUS QUARTER

Wednesday, March 15, 2017

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In the fourth quarter of 2016: the average number of pensioners was 5245 thousands persons, decreasing with 6 thousands persons as against of the previous quarter; the average monthly pension was 958 lei, increasing with 0.7% as against the previous quarter; the average state monthly social insurance pension was 931 lei, and the ratio ...

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