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Ursula von der Leyen congratulates Nicolae Ciuca on his investiture as Prime Minister

Friday, November 26, 2021

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 European Commission President Ursula von der Leyen took to Twitter today to congratulate Nicolae Ciuca on his investiture as Prime Minister of Romania."We will work together with the new Romanian government to find solutions against the pandemic and to implement the National Recovery and Resilience Plan," the EU's chief executive wrote.The members of the government led by Prime Minister Nicolae Ciuca took the oath of office on Thursday ...

Ciuca Cabinet members sworn-in

Friday, November 26, 2021

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The Government members led by Prime Minister Nicolae Ciuca have been sworn in, on Thursday, in front of President Klaus Iohannis, in a ceremony that took place at Cotroceni Palace.During the ceremony at the presidential palace there were Marcel Ciolacu, the Speaker of the Chamber of Deputies, Senate deputy president Alina Gorghiu, the chairman of PNL (National Liberal Party), Florin Citu, the leader of the national minorities parliamentary group, Varujan ...

National Coalition for Romania established by PSD-PNL-UDMR, national minorities parliamentary group political agreement

Friday, November 26, 2021

The government political agreement between the National Liberal Party (PNL) - Social Democratic Party (PSD) - Hungarian Democratic Union of Romania (UDMR) and the parliamentary group of national minorities, signed on Thursday, stipulates the National Coalition for Romania's functioning principles, led in the first stage by Nicolae Ciuca, but also the principles of cooperation, at parliamentary level, among the signatory parties.According to the document, the ...

PM Ciuca: Budget rectification and deficit to be debated in government meeting on Friday

Friday, November 26, 2021

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Prime Minister Nicole Ciuca said that a government meeting will be held on Friday to debate budget rectification and budget deficit to give assurance that there will be financial resources for the payment of pensions and salaries and funds for the needs of the Health Ministry in the pandemic context.   The Finance Ministry published on Wednesday, the bill on budget rectification. The ministries which ...

European Directive on minimum wages would have major impact in Romania

Friday, November 26, 2021

The European Directive on minimum statutory wage would push up the gross wages in Romania quite substantially: the minimum level would be hiked by RON 1,000 (EUR 200) to RON 3,500 (EUR 700), according ...

Parliament to convene to vote on gov't proposed by Nicolae Ciuca

Thursday, November 25, 2021

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The Senate and the Chamber of Deputies meet today in a joint session to vote on a government put forth by Prime Minister-designate Nicolae Ciuca.The joint plenary sitting starts at 10:00hrs.Prime Minister-designate Nicolae Ciuca will unveil a governing agenda and a list of the members of his Cabinet. Debates will take place, followed by Parliament's vote of confidence on the agenda and the entire Cabinet list.According to the ...

Budget deficit, 4.03% of GDP after first 10 months of 2021

Thursday, November 25, 2021

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Execution of the consolidated general budget in the first 10 months of 2021 ended with a deficit of 47.98 billion lei (4.03% of GDP), dropping from the deficit of 74.04 billion lei (7.01% of GDP), registered during the same period of 2020, the Ministry of Finance informs.During the first 9 months of 2021 the budget deficit was 44.29 billion lei (3.77% of GDP).The Ministry of Finance informs that this evolution was determined by: increase of ...

European Semester Autumn Package: rebounding stronger from the crisis and making Europe greener and more digital

Thursday, November 25, 2021

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Brussels, 24 November 2021   Today, the European Commission has launched the 2022 European Semester cycle of economic policy coordination. The European Semester Autumn Package includes the Annual Sustainable Growth Survey, Opinions on euro area Draft Budgetary Plans (DBPs) for 2022, policy recommendations for the euro area and the Commission's proposal for a Joint Employment Report. The package draws upon ...

Study: Entrepreneurs expect to feel the effects of the pandemic in the coming years

Thursday, November 25, 2021

Private companies around the world expect the wide-ranging impacts from the pandemic will continue to be felt for the next several years, according to the latest Deloitte Private Survey, conducted among 2,750 privately held ...

Governing program: Energy priorities - nuclear agreement with U.S., Black Sea gas, energy investment fund

Thursday, November 25, 2021

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Developing a nuclear program based on U.S. technology, unblocking the Black Sea gas projects and setting up an energy investment fund are some of the goals set out in the Energy chapter of the 2021-2024 Governing Program pledged by the PNL-PSD-UDMR coalition."Decarbonising the energy supply in line with the EU target of cutting greenhouse gas emissions by at least 40 percent from 1990 levels can only be achieved by increasing the nuclear production ...

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