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Palestinian state minister, in Romania: War must end; Palestinians need future that gives hope
Thursday, October 17, 2024
The Palestinians who went through despair and agony in the last year need a future in which they have something to hope for, and not to look back at what happened after the start of the war between Israel and Hamas and to think about things that prolong the endless cycle of violence in the region, pleaded on Wednesday, in Bucharest, the Minister of State for Foreign Affairs and Expatriates within the Palestinian National Authority, Varsen Ohannes Vartan Aghabekian.The ...
President Iohannis to first EU-Gulf Cooperation Council Summit
Thursday, October 17, 2024
President Klaus Iohannis attended the EU-Gulf Cooperation Council (GCC) Summit, on Wednesday, during which he emphasized that Romania is interested in better connectivity between the two regions."President of Romania, Klaus Iohannis emphasized the importance of the EU-Gulf Cooperation Council strategic partnership at present, as well as the potential of multi-sectoral economic cooperation. He called for updating and extending the contractual framework in the field of trade ...
PM Marcel Ciolacu: We have reached agreement with European Commission on fiscal plan to reduce deficit
Thursday, October 17, 2024
The Government "has reached an agreement" with the European Commission on the fiscal plan to reduce the deficit, Prime Minister Marcel Ciolacu said on Wednesday, stressing that it is essential that the EC experts agreed that Romania needs the required period of 7 years to carry out major investment projects in the economy."We have reached an agreement with the European Commission on the fiscal plan. It is essential that the Commission experts agreed that Romania needs a ...
The authorities propose to reduce the deficit by 0.74% of GDP per year; by 2031, the deficit would fall to 2.4% of GDP
Thursday, October 17, 2024
The Bucharest authorities aim to reduce the budget deficit by 0.74% of GDP per year so that by 2031, the negative balance will fall to 2.4% of GDP, government sources said. This is included in the Fiscal Plan which should be lodged in Brussels until 25th October.‘The consolidation of the sustainability of the public finances for the period 2025 to 2031 will be made by ...
Gold prices hit an all-time high of 393.9593 lei/gram on Wednesday; the leu depreciated against major currencies
Thursday, October 17, 2024
The gold gram went up in price on Wednesday by 4.7284 lei (1.21%) getting to a quotation of 393.9593 lei from 389.2309 lei as they announced on Tuesday the National Bank of Romania (BNR), having a new record value.The national currency depreciated on Wednesday by comparison to the euro which was calculated by the BNR at 4.9758 lei up by 0.03 bani (0.01%) against the previous quotation, of 4.9755 lei.The leu lost ground against the ...
Romania needs many heat pumps to reach decarbonisation target
Thursday, October 17, 2024
Romania needs a lot of heat pumps in the coming years to achieve its decarbonisation target in the heating and cooling sector, Sorin Elisei, director general at the Ministry of Energy, told a specialist event on Wednesday."On the electricity side, we are starting to do well. In 2030, Romania has an 87% reduction in emissions in the energy sector as against 1990 - and that is largely due to the "coal fault", so to speak, the elimination of coal, just as we set our targets under ...
Energy production in photovoltaic solar power plants up 60.5% in first eight months
Thursday, October 17, 2024
Energy production in photovoltaic solar power plants amounted to 2.57 billion kWh in the first eight months of this year, up 60.5% compared to the same period last year, according to data the National Institute of Statistics (INS) published on Monday.The figures for solar energy produced in photovoltaic installations include prosumers.On the other hand, output from wind power plants totaled 4.10 billion kWh, down 16.9% (835.9 million kWh) compared to the ...
Romgaz, E.ON Energie Romania conclude sales-purchase agreement for natural gas worth 3.84 M RON
Thursday, October 17, 2024
National gas company Romgaz on Thursday concluded with E.ON Energie Romania a sales and purchase agreement for natural gas worth 3.845 million RON (without VAT), according to a report submitted to the Bucharest Stock Exchange (BVB) on Friday.The agreement provides for the sale and purchase of natural gas for the period November 1, 2024-April 1, 2025, and a Bank Guarantee Letter was established as a guarantee.The payment must be made within ...
WWF: Romania did not complete energy and climate plan it was supposed to send to EC by June 20
Thursday, October 17, 2024
Romania failed to complete an energy and climate plan that it should have submitted to the European Commission by June 30, 2024, claim WWF-Romania experts, in a press release sent on Friday.According to this source, the member states of the European Union (EU) must present an energy and climate plan that aims to reduce greenhouse gas emissions by at least 55% by 2030 and, although the deadline for submitting the plan was June 30, 2024, Romania has not yet completed this ...
Companies ranked in top 10 positions in 2024 National Ranking of Companies provide 1.34 million jobs
Thursday, October 17, 2024
The 12,897 companies ranked in the top 10 positions in the 2024 National Ranking of Companies provide 1.34 million jobs, the Romania's Chamber of Commerce and Industry (CCIR) announced on Wednesday."According to the statistical data, which were the basis for the 2024 National Ranking of Companies, the 12,897 companies ranked in the top 10 positions offer 1,342,380 jobs. Broken down by economic sectors, the data show that industry offers the most jobs (543,457), followed by ...
