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Klaus Iohannis supported, at the European Council, the need for a unified approach to vaccination certificates

Monday, March 1, 2021


In a speech to a special meeting of the European Council, held on Thursday and Friday via videoconference, Romania's President said that the vaccination certificate should be used for medical purposes."Regarding the vaccination certificates, the President of Romania called for a coordinated and uniform approach at the European level, arguing that the vaccination certificate should be used for medical purposes, and the process of identifying the technical ...

PM Citu: Talk about vaccination passport premature

Monday, March 1, 2021


Prime Minister Florin Citu said that an official talk on the subject of a vaccination passport is premature at this time, as just a small part of Romania's population has been been vaccinated for COVID-19, although our country is among the best performing EU states as regards the vaccine rollout."I've reiterated the government's opinion several times. We are not having this discussion at this moment. It's premature. With the vaccination campaign just at the ...

The head of National Security Bureau from Poland, în visit to Bucarest

Monday, March 1, 2021


The Minister of Foreign Affairs, Bogdan Aurescu, on Friday reiterated Romania's interest in strengthening bilateral dialogue on security and defence issues with Poland, the most important strategic partner of Romania in the region, during a meeting with the head of the Polish National Security Bureau, Presidential Adviser Pawel Soloch, who is currently paying a visit to Romania."The head of the Romanian diplomacy reiterated Romania's interest in ...

MAE: Romania continues to strongly support Ukraine's sovereignty and territorial integrity

Monday, March 1, 2021

The Ministry of Foreign Affairs (MAE) affirms that Romania will continue to support Ukraine's territorial integrity."We continue to strongly support Ukraine's sovereignty and territorial integrity. The annexation of Crimea is a violation of international law," reads the text posted on the MAE's Twitter account, along with a message from the High Representative of the European Union for Foreign Affairs and Security Policy, on behalf of the EU, seven years ...

Parliament's joint plenary debates the draft budget on Monday and the final vote on Tuesday

Monday, March 1, 2021


At joint plenary sitting today, Parliament is scheduled to consider the draft versions of the 2021 national and social security budgets, with a vote expected on Tuesday.The plenary sitting starts at 16:00hrs, EET.On Saturday, the parliamentary finance and budget committees issued a favourable report on the two bills as submitted by the government. No amendments were adopted.Under the national budget bill, government's revenues are ...


Monday, March 1, 2021

? Moderate growth of activity in manufacturing, construction and retail trade ? Relative stability in the number of employees in manufacturing and construction ? Moderate price growth in manufacturing, construction and retail ...

Outlook 2021:  Erste Group expects economic upturn in 2021 

Monday, March 1, 2021


• GDP growth rates seen between +3% and +6%, with Hungary posting region’s strongest upswing • CEO Bernd Spalt: „We will experience an economic rebound in 2021“  • Insolvencies: only trailing effect, no insolvency wave  • Company outlook: lower risk costs, significantly higher ...

Profit of Banca Transilvania goes down 20% in 2020

Monday, March 1, 2021


The consolidated net profit of Banca Transilvania (TLV), Romania's biggest financial group by assets, decreased by 20% to RON 1.48 billion (just over EUR 300 million) in 2020.The group's assets reached RON 107 bln (EUR 22 bln), 17.2% more than the previous year.   Banca Transilvania's individual net profit dropped by 26% to RON 1.2 bln (EUR 247 mln), while its operating income edged down by 2.3% to RON ...


Monday, March 1, 2021

Fondul Proprietatea (hereinafter “The Fund”) published ts financial results for 2020 and would like to share the following highlights: The Fund’s share price registered a strong performance in the second part of 2020, following the rebound of global stock markets, which led to a historical high level of the share price of RON 1.4500 per share registered on 30 December 2020, and also the lowest discount ...

Romania, identified with one of highest annual percentage rate in EU

Monday, March 1, 2021


Romania was identified with having one of the highest annual percentage rate (APR) in the entire European Union, namely 30,341% (thirty thousand three hundred forty one percent), for a loan of 180 Euro granted by a non-bank institution for a payday loan, a study reveals, regarding crediting in Romania made by the Credere Association, upon the request of Finance Watch Brussels."The ambiguity of costs, hiding some costs or redirecting ...

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