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Romania's Anticorruption Directorate General, Ukraine's National Agency for Prevention of Corruption sign collaboration protocol

Wednesday, August 2, 2017

Constantin Preoteasa, Deputy Director General of the Anticorruption Directorate General (DGA) of Romania, and head of Ukraine's National Agency for Prevention of Corruption Natalya Korchak on Tuesday signed a cooperation protocol between the two institutions in the area of corruption prevention, according to a DGA statement. The protocol was signed at the DGA headquarters, in the presence of Ukraine's ambassador to Romania Oleksandr ...

PM Tudose: budget amendment will be carried out in September

Wednesday, August 2, 2017

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The budget amendment will be carried out in September, premier Mihai Tudose stated Monday evening at private broadcaster Antena 3. "In September, we are doing all right for the time being," Tudose said when quizzed about the schedule for the budget amendment. When asked about the possibility of a second budget rectification, the premier replied: There will always be the last finishing towards the end of the year." He wanted ...

National Bank's forex reserves dwindle by 1.62pct in July 2017, to 34.6 billion euros

Wednesday, August 2, 2017

As of July 31, 2017, the National Bank of Romania's (BNR's) foreign exchange reserves stood at 34,636 million euros, compared with 35,208 million euros on June 30, 2017, according to a BNR press statement released on Tuesday. Over the same month, 796 million euros were reported in inflows, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the Ministry of Public Finance accounts, ...

Euro trades at 4.5577 lei on Tuesday

Wednesday, August 2, 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 ...

Finance Ministry wants to borrow 3.1 billion lei in August by means of state bonds

Wednesday, August 2, 2017

The Finance Ministry intends to borrow from the fomestic market 3.1 billion lei in August, to which a few hundred million lei could be added through additional auctions, the level being significantly under that of previous months, according to Raiffeisen Bank. For January-May the Finance Ministry programmed monthly loans between 3.4 billion lei and 3.9 billion lei, plus additional auctions. In June, the scheduled value went up ...

The 5th meeting of the Romania - Egypt Business Council took place în Bucharest

Wednesday, August 2, 2017

 Industrial sectors such as energy, agriculture, tourism and research and development will become the priorities of the Romania - Egypt economic relations, the Bucharest Chamber of Commerce and Industry (CCIB) said in a Tuesday release. "The 5th meeting of the Romania - Egypt Business Council took place recently at the historic seat of the Bucharest Chamber of Commerce. The two delegations headed by co-chairs Sorin Dimitriu and Hasan El Shafei ...

ANOFM: More than 127,000 people were hired in the first six months of 2017

Wednesday, August 2, 2017

More than 127,000 people were hired in the first six months of 2017 through the National Employment Agency (ANOFM), the agency said in a statement released on Tuesday. Among the hired persons, 54,277 are over 45 years old; 40,614 are aged 35 to 45; 35,459 are between 25 and 35 years old, and 23,450 are young people under 25 years of age, according to ANOFM. Most of the hired persons, 89,065 were male. By residence, 83,758 ...

First outbreak of African swine fever in Romania was confirmed

Wednesday, August 2, 2017

 The first outbreak of African swine fever in Romania was confirmed by the Institute for Animal Diagnosis and Health in a household on the outskirts of the north-western city of Satu Mare, and the disease later spread to a second household, the National Sanitary Veterinary and Food Safety Authority (ANSVSA) announced on Tuesday. The outbreak hit in private households and not commercial farms, and the seven affected animals were culled and their bodies ...

ForMin Melescanu on Russia's Rogozin: From my point of view, it was a deliberate matter

Tuesday, August 1, 2017

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Romania's Foreign Minister Teodor Melescanu said on Monday that the situation resulting from Romania's banning an airplane flying Russian Deputy Prime Minister Dmitri Rogozin from flying over Romania's airspace was "deliberate" and designed to create a political rift between Romania and Russia, mentioning that Rogozin had tweeted in advance his itinerary. "From my point of view, all this matter, Romania's overflight, was clearly preplanned to create a ...

307th Navy Infantry Battalion is taking part in Platinum Lion 17.2 multinational exercise, 31 July - 10 August, at Novo Selo, Bulgaria

Tuesday, August 1, 2017

The Romanian Navy informed on Monday that a detachment of 307th Navy Infantry Battalion were taking part in Platinum Lion 17.2 multinational exercise, carried out 31 July - 10 August, at the training centre of Novo Selo, Bulgaria. The Romanian navy infantrymen, under the command of Sub-lieutenant Alexandru Ivancuta, are conducting tactical exercises including live ammunition shootings and patrol missions together with service people from Bulgaria, Montenegro, ...

PM Tudose met Chinese ambassador to discuss projects în economy and rail and road infrastructure

Tuesday, August 1, 2017

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Romanian Prime Minister Mihai Tudose on Monday welcomed at the Victoria Governmental Palace ambassador of the People's Republic of China to Romania Xu Feihong to discuss prospects for materialising collaboration under projects of common interest in the areas of economy and rail and road ...

Gov't submits bid to European Commission to take over hosting European Medicines Agency

Tuesday, August 1, 2017

The Romanian Government has filed a bid for the relocation of the European Medicines Agency to Bucharest in the context of the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the Union European. "The filing of the bid is mission accomplished at the current stage of the procedures for the relocation of the European Medicines ...

PM Tudose meets Spain's Embassy representatives to discuss fight against modern slavery

Tuesday, August 1, 2017

 Prime Minister Mihai Tudose met on Monday representatives of the Embassy of Spain in Bucharest to agree on measures to strengthen bilateral cooperation aimed at preventing and combating labour exploitation of Romanians working in Spain. According to a Government statement, the decision was made during a meeting that took place at the Victoria Governmental Palace, with Romania's ambassador to Spain Gabriela Dancau, Minister for Romanians ...

PSD's Dragnea: the cap is needed to prevent the blockage of the entire state pension system

Tuesday, August 1, 2017

National leader of the Social Democratic Party (PSD) Liviu Dragnea said on Monday that at a meeting the same day the ruling coalition committed itself to follow three principles for the special pensions law concerning the service people, so that the pensions currently paid will not decrease or exceed net pay before retirement, and they will be indexed for inflation only, quoting ...

Labour Minister: No salary in Romania will drop when the system of contributions is changed

Tuesday, August 1, 2017

No salary in Romania will drop when the system of contributions is changed, on the contrary, the employee's net will increase and one will have a much higher amount in one's pension account, Labour Minister Lia-Olguta Vasilescu said, Sunday evening, at private TV broadcaster Antena 3. "I can guarantee that no salary in Romania will decrease when we change the contributions' system. It is in the Governing Programme and whoever has read the Governing Programme ...

Euro trades at 4.5598 lei on Monday

Tuesday, August 1, 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 follows: CURRENCY SYMBOL ...

Globalworth trades corporate bonds worth 550 mil euro on Bucharest Stock Exchange, as of Monday

Tuesday, August 1, 2017

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Real Estate Investment Company, Globalworth, started , as of Monday, to list corporate bonds worth 550 million euro on the Bucharest Stock Exchange (BVB). Admission to trading of corporate bonds issued by the company, with the GWI22 symbol, is the largest issue of this type in the history of BVB. "This is a very important moment for the Bucharest Stock Exchange. Globalworth starts to trade bonds on the local stock market, and ...

Foreign investments  surpassed FOR THE FIRST TIME  the sums sent home by the Romanians working abroad

Tuesday, August 1, 2017

The BNR statistics show that in the first five months of this year the foreign investments surpassed, for the first time, the sums sent home by the Romanians who work abroad. The two indicators  have as common note the crisis stated Adrian Vasilescu, strategy advisor of the central bank. During the years before the crisis of 2008 – 2010 and later, including in 2016 the rate between the sums sent home from abroad by the Romanian expats on the ...

In  June  2017, unemployment  rate was estimated at 5.3%

Tuesday, August 1, 2017

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Unemployment rate inJune 2017 decreasead with 0.1 percentages points as compared to the  previous month (5.4%). ...

THE NUMBER OF CONSTRUCTION PERMITS RELEASED  FOR RESIDENTIAL BUILDINGS INCREASED BY 2.7%  COMPARED TO JUNE 2016

Tuesday, August 1, 2017

In  June  2017,  3822  construction  permits  were  released  for  residential  buildings, ...

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