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Iohannis: vaccination campaign is a national security matter

Monday, November 23, 2020

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President Klaus Iohannis announced on Friday that he would hold a meeting with the defence, health and interior ministers on Monday to clarify issues related to the COVID-19 vaccination campaign as a matter of national security."In the matter of vaccination, in my opinion, the vaccination campaign must be a success and as such, in my opinion, the vaccination campaign is a matter of national security. That is why I have convened a meeting for Monday where ...

Updated list of countries that require quarantine upon entering Romania

Monday, November 23, 2020

The National Committee for Emergency Situations on Friday adopted a new decision, Decision No. 55, which updated the list of countries and areas of epidemiological risk for which the quarantine measure is established on persons arriving in Romania, according to information from the Strategic Communication Group.Thus, the countries and areas with epidemiological risk for which the quarantine measure is established on persons arriving in Romania are ...

ForMin Bogdan Aurescu - Robert O'Brien, US President's National Security Advisor, telephone conversation

Monday, November 23, 2020

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Minister of Foreign Affairs Bogdan Aurescu and the United States National Security Advisor, Ambassador Robert O'Brien, had a telephone conversation on Friday, informs the Ministry of Foreign Affairs (MAE).The conversation took place in the context in which, on the occasion of the Romanian minister's visit to the USA, October 19 to 20, the planned meeting between the two officials could not take place, as Advisor O'Brien was not, for objective reasons, in ...

MFP: Govt. debt reaches almost 42.9pct of GDP at end of September 2020

Monday, November 23, 2020

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At the end of September 2020, the public administration debt (government debt) totaled 451,147 billion lei, namely 42.9% of the GDP, as compared to 373.6 billion (35.3% of GDP) at the end of last year, according to data centralized by the Public Finance Ministry (MFP).Of this, 16.184 billion lei represents the short-term debt and the rest represents the medium and long-term debt.Most of this debt, namely 387.359 billion lei, was represented by ...

AHK Business Outlook: a coming back of the conjuncture not before 2022

Monday, November 23, 2020

The pandemics caused by the Corona places much pressure on the companies. This is clear from the survey made by AHK Romania in October 2020. The questionnaire aims at the evaluation of the conjectural situation and the situation of the companies, but it also offers an overview of the main factors for economic risk from the perspective of the companies, in general, but it also points to the present crisis.’The general situation of the companies has got worse, but ...

Commission approves €1.7 million Romanian aid scheme for airlines starting or resuming operations at Sibiu airport following the coronavirus outbreak

Monday, November 23, 2020

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The European Commission has approved a €1.7 million Romanian scheme for those airlines resuming or starting flights to and from Sibiu airport in Romania. Sibiu airport plays an important role in the regional and international connectivity of the country.   The scheme was approved under the State ...

Barometer: Rd 30 pct of companies say employee productivity has increased since implementation of telework

Monday, November 23, 2020

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Employee productivity has increased since the implementation of telework, according to about 30% of companies responding to the HR Barometer Report, conducted by PwC Romania in October, while 44% say it has remained constant.Among the respondents who mentioned the increase in productivity, 76% say that the main factor contributing to this evolution is the increase in time allocated to work due to remote work, mentions a PwC press release sent on Friday ...

European Semester Autumn Package: Communication on the fiscal situation in Romania

Monday, November 23, 2020

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BUDGETARY DEVELOPMENTS AND OUTLOOK   According to the notification of 14 October 20208 , validated by Eurostat, the general government deficit in Romania was 4.4% of GDP in 2019, while debt stood at 35.3% of GDP. The Commission 2020 autumn forecast projects a general government deficit of around 10¼% in 2020, 11¼% in 2021 and 12½% in 2022 under a no-policy change ...

Transactions on BVB in first ten months, higher than in whole 2019

Monday, November 23, 2020

The value of share trading on the Bucharest Stock Exchange (BVB) reached RON 10.3 bln (EUR 2.12 bln) in the first ten months of this year, up 6.4% compared to the level for the whole of 2019 (RON 9.68 bln), the operator announced in a press release.   However, the evolution of the main market index – BET was negative in October, after a solid recovery from March until September following the plunge ...

Europeans insist EU funds be linked to respect for Rule of Law

Monday, November 23, 2020

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In the third round of the European Parliament’s special survey delving into European citizens’ attitudes and opinions over the course of the Covid-19 pandemic, results show that citizens across the EU fully support a clear conditionality of EU funds to the respect of the rule of law and democratic values.   They survey confirms citizens’ call for EU to have more powers to tackle pandemic. In addition to ...

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