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Romania stands in solidarity with France, proves its ability to be a reliable partner

Friday, August 12, 2022

 Romania stands in solidarity with France, a country that is currently facing extensive wildfires, thus proving its ability to be "a reliable partner to its allies," Romania's Prime Minister Nicolae Ciuca said on Thursday."Romania stands in solidarity with France, our traditional partner and friend, which is challenged these days by extensive wildfires. After consulting with the President of Romania, Mr Klaus Iohannis, today I asked the National ...

New Israeli ambassador to Romania Reuven Azar arrives in Bucharest

Friday, August 12, 2022

The newly appointed ambassador of the State of Israel to Romania, Reuven Azar, has arrived in Bucharest, a press release of the diplomatic mission reported on Thursday.A career diplomat, Reuven Azar has until recently held the position of director of the Israel-US-China working group within the Israeli Foreign Ministry.Until September 2021, Azar was deputy adviser to national security and foreign policy at the National Security Council, at the ...

PNL's Muraru notifies anti-discrimination watchdog about racist speech by Viktor Orban in Romania

Friday, August 12, 2022

Chairman of the Iasi chapter of the National Liberal Party (PNL) MP Alexandru Muraru on Thursday announced having officially notified the National Council for Combating Discrimination (CNCD) about a speech given by Hungarian Prime Minister Viktor Orban at Baile Tusnad in Romania."I have notified the CNCD about the racist speech given by Viktor Orban, the chairman of FIDESZ, at Baile Tusnad, in Romania, on July 23. Pursuant to Government Ordinance No. ...

Budget revision draft: Consolidated budget deficit to be increased by 2.649 billion RON

Friday, August 12, 2022

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 The revenues of the general consolidated budget will increase, on balance, by 29.941 billion RON, spending by 32.591 billion RON, while the consolidated general budget deficit on a cash basis will increase by 2.649 billions RON according to the draft Ordinance on the state budget revision for 2022, published on Thursday on the website of the Ministry of Finance.The 2022 state budget revenues will increase, on balance, by 21.493 billion RON, while 2021 ...

Ministries of Labour, Investments and European Projects, Health and Energy receive highest amounts at rectification

Friday, August 12, 2022

The Ministry of Labour and Social Solidarity, the Ministry of Investments and European Projects, the Ministry of Health, the Ministry of Energy and the Ministry of Finance will receive the largest amounts in the budget rectification in August, according to the draft published on Thursday on the website of the Ministry of Finance.On the other hand, the Ministry of Interior will see a cut in budget (-559.3 million lei, per balance), the Ministry of ...

INFLATION AND THE EVOLUTION OF CONSUMER PRICES: JULY 2022

Friday, August 12, 2022

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1. The Consumer Price Index (CPI) – indicator for determining inflation at national level - Consumer prices were up 0.9% in July 2022 from June 2022. - The inflation rate since the beginning of the year (July 2022 compared to December 2021) is 11.0%. - The annual inflation rate in July 2022 compared to July ...

Finance Ministry borrows over 1.39 billion lei off banks on Thursday

Friday, August 12, 2022

The Ministry of Finance (MF) borrowed on Thursday 1.393 billion lei from banks in benchmark state bonds and discount certificates, according to data published by the National Bank of Romania (BNR) pm Thursday.The benchmark state bonds of a residual maturity of 78 months at an average coupon of 7.75% per year brought in 938.5 million lei. The nominal value of the issue was 300 million lei, and the banks bid for 1.248 billion lei.An additional ...

CFA Romania analysts predict economy deceleration in next 12 months

Friday, August 12, 2022

CFA Romania analysts predict an economic deceleration in the following 12 months, as well as a double-digit inflation rate, said Adrian Codirlasu, deputy chairman of the Association."After 8 consecutive months of decline, the confidence indicator registered a correction. But both the confidence indicator, as well as its component of expectations remain low, which indicates expectations for deceleration of the economy in the next 12 months. Inflationary ...

Average net salary up rd 10 euros in June

Friday, August 12, 2022

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- In June 2022, the average gross earnings were 6413 lei, with 55 lei (+0.9%) higher than the one registered in May 2022. -The average net earnings were 3977 lei, increasing as against the previous month with 49 lei (+1.2%). - The highest values of the average net earnings were recorded in computer programming, consultancy and related activities (including information service ...

Summer Well 2022, from Friday, at Stirbey Domain in Buftea

Friday, August 12, 2022

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Renowned bands, such as Arctic Monkeys, Nothing but Thieves, Inhaler, Roosevelt, Self Esteem, Hayes & Y will perform during the XI-th edition of the Summer Well Festival, which will start on Friday in the Stirbey Domain in Buftea, 20 km northwest of Bucharest.The British rockers from Arctic Monkeys, Summer Well headliners, are coming to Romania during an European tour that includes Hungary, Turkey, Bulgaria, Croatia, the Czech Republic, the ...

ProEtnica festival to resume in Sighisoara after two-year hiatus

Friday, August 12, 2022

Sighisoara is hosting again, after a two-year hiatus, the most important intercultural festival in Romania, ProEtnica, from August 25 to August 28, where 600 representatives of Romania's 20 national minorities are expected.The festival, now in its 18th edition, is organised in partnership with the Department for Interethnic Relations of the Romanian government and the Mures County Council. Funding the event is the Ministry of Culture, and the town of ...

The president of the South Korean National Assembly met with Marcel Ciolacu

Thursday, August 11, 2022

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The speaker of the South-Korean National Assembly, Kim Jin-Pyo met with the chairman of the Deputies’ Chamber of the Romanian Parliament, Marcel Ciolacu on Tuesday and discussed about exports of nuclear reactors and cooperation in the domain of health between the two countries, has announced his office on Wednesday, quoted by the agency Yonhap.Kim had discussions with Ion-Marcel Ciolacu, chairman of the Deputies’ Chamber on Tuesday, in Bucharest. ...

Gov't has no data to justify concern on Zaporizhzhia nuclear power plant situation

Thursday, August 11, 2022

Prime Minister Nicolae Ciuca said that, so far, the Government does not have data to justify the concern regarding the situation at the Zaporizhzhia nuclear power plant in Ukraine, adding that the Bucharest authorities are constantly monitoring the environmental data in this case."In the last days, amid the events in Ukraine in the area of the Zaporizhzhia nuclear power plant, there have been a whole series of data and information regarding the danger that ...

EnvinMin Tanczos: No increases in radiation level during war, eeither in Ukraine oor in Romania

Thursday, August 11, 2022

There have been no increases in radiation level during the war, either in Ukraine or in Romania, and the values registered at the Zaporizhzhia Nuclear Power Station do not justify the concerns of the media or the population, Minister of the Environment, Waters and Forests Barna Tanczos declared, on Wednesday, at the end of the Government meeting."Over the past few days, a lot of contradictory information has appeared regarding the situation of the ...

Political parties get almost 17 million RON in public subsidies in August

Thursday, August 11, 2022

  The value of the subsidy transferred by the Permanent Electoral Authority (AEP) to the account of the political parties, in September, is 16,972,063 RON, according to a press release sent on Wednesday.Thus, the quoted source says that the Social Democratic Party (PSD) received 6,534,585.12 RON in August, the National Liberal Party (PNL) received 5,539,682.82 RON, the Save Romania Union (USR) - 2,986,325.78 RON, the Alliance for the Union of ...

PM Ciuca: Possibility of supplementing budget dedicated to important investments with 1 billion RON

Thursday, August 11, 2022

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Prime Minister Nicolae Ciuca declared on Wednesday that analyses are still being carried out at the level of each Ministry in regards to budget amendment and specified that there is a possibility of supplementing the state aid scheme budget dedicated to important investments in the economy with 1 billion RON."We have the perspective of a smooth operation of everything that means public services offered to citizens and payment of social rights, as well as ...

AgriMin: Wheat harvesting completed, production enough for domestic consumption and export

Thursday, August 11, 2022

  Minister of Agriculture Petre Daea said that wheat harvesting has been completed nationwide and that the official figures will be announced next week; he also specified that this year's harvest is enough to ensure both domestic consumption and export."Wheat harvesting has wrapped up all over the country and the production is enough to cover domestic consumption and export; I will announce the exact figure next week, when I'll have all the ...

Government: 9.5 million RON for the emergency execution of dredging operations of Danube river

Thursday, August 11, 2022

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The Executive approved on Wednesday a decision on the allocation of 9.5 million RON from the Intervention Fund available to the Government this year, for the emergency execution of dredging operations of the Danube river and other specific works aimed at removing the state of risk generated by the current critical hydrological situation."The Government approved the allocation of 9.5 million RON from the Intervention Fund at its disposal for the emergency ...

Government approves ratification of IBRD Loan Agreement on inclusive and green growth development policies

Thursday, August 11, 2022

The Government approved, on Wednesday, a draft law on the ratification of the Loan Agreement between Romania and the International Bank for Reconstruction and Development (IBRD) in the amount of 600 million euros and the Agreement on non-refundable financial assistance between Romania and IBRD worth 24 million USD, announced Government spokesman Dan Carbunaru.He pointed out that the two agreements were signed in Bucharest, on July 19, based on previous ...

State aid schemes for renewable hydrogen production and SME support

Thursday, August 11, 2022

Senior official with the Ministry of European Investment and Projects (MIPE) Carmen Moraru said on Wednesday that this week the European Commission approved two state aid schemes, one of which finances a project to support the production of renewable hydrogen and one regarding support for SMEs."This week, two state aid schemes were approved by the European Commission - the first state aid scheme finances a project to support the production of renewable ...

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