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European Semester 2018 Spring Package: Commission issues recommendations for Member States to achieve sustainable, inclusive and long-term growth

Thursday, May 24, 2018

Brussels, 23 May 2018 The European Commission presents today the 2018 country-specific recommendations (CSRs), setting out its economic policy guidance for Member States for the next 12 to 18 months. Europe's economy is growing at its fastest pace in a decade, with record employment, recovering investment and improved public finances. According to the ...

EC 2018 spring forecast projected for Romania a public deficit of 3.4 percent and 3.8 percent of GDP for 2018 and 2019

Thursday, May 24, 2018

The European Commission issued a warning to Romania on Wednesday for significant deviation from the adjustment path toward the medium-term budgetary objective, estimating a risk of a deviation from that recommendation in 2018, and recommends the government to take the necessary measures to limit the growth rate of expenditure. “The Council also adopted a subsequent recommendation confirming the need for Romania to take the necessary measures to ...

FinMin Teodorovici reiterates   that the contribution to pillar 2 for pensions will not be suspended

Thursday, May 24, 2018

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The minister of finances, Eugen Teodorovici reiterated on Wednesday the fact that the contribution to pillar II for pensions will not be suspended but following the discussions with the factors involved, at the end of June – the beginning of July a new project in the domain will be presented.In support for his statements,  Teodorovici spoke about the statements of prime-minister Viorica Dancila.‘A left party will never put in balance ...

DNA's Kovesi delivered a speech at the UN headquarters in New York about the independence of judges and prosecutors în Romania

Thursday, May 24, 2018

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Chief Prosecutor of Romania's National Anticorruption Directorate (DNA) Laura Codruta Kovesi stated on Wednesday, in a speech that she delivered at the United Nations headquarters in New York, that the greatest challenge for Romania is maintaining the independence of judges and prosecutors."There have been repeated attempts to amend the anticorruption legislation in order to limit the legislative instruments used by the anti-graft prosecutors or the ...

Ambassador Ion Jinga, presented in the UN Security Council Romania’s efforts regarding the protection of civilians in armed conflicts

Thursday, May 24, 2018

On 22 May 2018, the Permanent Representative of Romania to the UN, Ambassador Ion Jinga, delivered a statement in the Security Council within the open debate organized by the Polish Presidency of the Council, in the presence of the Minister of Foreign Affairs of Poland, Mr. Jacek Czaputowicz, on the topic of “Protection of Civilians in Armed Conflict”. Recalling the international ...

At the Pentagon, Aurescu agrees with US officials that Black Sea region be tackled in Brussels NATO Summit

Thursday, May 24, 2018

Presidential Advisor Bogdan Aurescu has discussed with high-ranking officials from the Pentagon that the Black Sea region must receive increased attention at the next NATO Summit in Brussels, informs a press release issued by Romania's Embassy to the US and sent on Tuesday.Foreign Policy Presidential Advisor Bogdan Aurescu had a meeting on Tuesday, at the Pentagon, with Robert S. Karem, Assistant to the Secretary of Defense for International Security Affairs, and ...

PM Dancila had a working lunch with heads of diplomatic missions of EU member states

Thursday, May 24, 2018

Prime Minister Viorica Dancila attended on Tuesday a working lunch with the heads of diplomatic missions of the member states of the European Union accredited in Bucharest, reads a Government's release.According to the cited source, Minister of Foreign Affairs Teodor Melescanu, Minister of Justice Tudorel Toader and Minister Delegate for European Affairs Victor Negrescu were also present at the meeting.The Government informs that the talks focused on ...

ForMin Melescanu met members of of the Arab Diplomatic Group in Bucharest to discuss the relocation of the Romanian Embassy în Israel

Thursday, May 24, 2018

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Minister of Foreign Affairs Teodor Melescanu on Wednesday received ambassador of the Lebanese Republic to Bucharest, Rana Mokkadem - the dean of the Arab Diplomatic Group in Bucharest, the ambassador of the Republic of Turkey to Bucharest, Osman Koray Ertas, the ambassador of the Kuwait State to Bucharest, Talal Mansour Alhajeri, and the ambassador of the Kingdom of Saudi Arabia to Bucharest, Abdulaziz Mohammed Al-Aifan, informs a release of the Ministry of Foreign Affairs ...

Speaker Dragnea to pay official visit to Bern, Switzerland, between 29-31 May

Thursday, May 24, 2018

Speaker of the Chamber of Deputies Liviu Dragnea will pay an official visit to Bern, Switzerland, between 29-31 May, together with a parliamentary delegation.According to a memorandum approved by the Standing Bureau of the Deputies' Chamber, the visit takes place at the invitation extended by President of the National Council of the Swiss Confederation Dominique de Buman, in view of "expanding the cooperation base between the two legislative ...

CCR chief justice explains participation in St. Petersburg conference hosted by Russian Constitutional Court

Thursday, May 24, 2018

President of the Constitutional Court of Romania (CCR) Valer Dorneanu said that his participation in the international conference organized by the Constitutional Court of the Russian Federation did not imply the adoption of official stances or decisions that would have required a special mandate from the CCR plenary."The decision regarding my participation in the event was made in the CCR plenary sitting of March 29, 2018. The participation in this event with a ...

Senate Speaker Tariceanu visits Victoria Palace to assure PM Dancila of ALDE support

Thursday, May 24, 2018

Senate Speaker Calin Popescu-Tariceanu on Wednesday stated that the meeting he had with the Prime Minister at the Government headquarters was mainly intended as a political one, for he wanted to assure Viorica Dancila of the entire ALDE (Alliance of Liberals and Democrats) support. "I had a meeting with Mrs. Prime Minister, upon my request, and I went there with a very clear purpose - I went there to discuss with Mrs. Dancila first of all a political matter, ...

Euro trades at 4.6292 lei on Wednesday

Thursday, May 24, 2018

 The exchange rate of the national leu currency resulting from the quotations announced on Wednesday by the banks authorised to operate on the currency market is as follows:CURRENCY SYMBOL RON1 Euro EUR 4.62921 US dollar USD 3.95021 Swiss franc CHF 3.98691 British pound GBP 5.2748100 Japanese yen JPY 3.6046 1 Moldovan leu MDL 0.23421 Russian rouble RUB 0.06411 new Turkish lira TRY 0.81261 Chinese ...

Deputy PM announces ambitious PPP strategic projects: motorways, Railway Company hospitals, high-capacity medical center

Thursday, May 24, 2018

Deputy PM Viorel Stefan presented Tuesday evening the strategic projects to be initiated within short under the new legislation on the public-private partnership (PPP), specifically three motorways, the Railway Company's hospital network and the "Carol Davila" medical center that includes the planned Republican Hospital."This year investments will be the major focus of governing. We plan to support investment by engaging resources and encouraging the business ...

Eurostat: Romania has smallest share of temporary employees in the EU

Thursday, May 24, 2018

Romanian and Lithuania have the smallest share of temporary employees in the European Union, data released by Eurostat shows. Overall 27 million employees aged 15 to 64 in the EU, representing 14.3 percent of all employees in the bloc, had a temporary contract in 2017.  In 2017, the share was slightly higher for women (14.8 percent) than for men (13.8 percent). It was also higher in the euro area (16.0 percent) than in the rest of the ...

Crude steel production up 2.2 percent in 2017

Thursday, May 24, 2018

 Romania's crude steel production was of 3.37 million tons in 2017, up 2.2 percent from the year before, shows data centralized by the National Institute for Statistics.Investment spending in the metal processing sector was down 4.9 percent in nominal terms from 2016, and the sector's raw energy consumption dropped 2.8 percent, while electricity resources advanced 7.2 percent. The electricity resource for the metal processing sector is covered to an extent of ...

USA - guest country at Bookfest în Bucharest, between May 30 and June 3

Thursday, May 24, 2018

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More than 150 publishing houses are set to participate in the Bookfest Book Salon, to take place in the Bucharest Capital City between May 30 and June 3, this time being devoted to the literature from the USA, with the American Ambassador to Bucharest, Hans Klemm, to pay an homage, in this context, to his former professor, Romanian-born writer Matei Calinescu. The event dedicated to Matei Calinescu will take place on May 31, with the writer's wife as a ...

President Iohannis asks the gov't: Do you still have money for this year's pensions and salaries?

Wednesday, May 23, 2018

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President Klaus Iohannis on Tuesday asked the Government and the PSD (Social Democratic Party, main party of the ruling coalition) to specify "of a clear, precise manner and with arguments" what are their plans with the pension Pillar II and if they have enough money at this point to pay for the salaries and pensions for this entire year."They must give us an answer. And I believe that the Government and the PSD [Social Democratic Party] need to answer publicly, ...

President Klaus Iohannis warning the Government to be more concerned with the European funds absorption

Wednesday, May 23, 2018

"My warning comes through in the following sense: the Government should be more concerned with this matter, there is money that we can benefit from, money that can be used for Romania's development. It would be a shame not to use this money that has been earmarked for development," President Iohannis stated at the Cotroceni Presidential Palace.He mentioned that Romania theoretically has European funds worth 31.3 billion euro for the 2014-2020 funding period and ...

DNA prosecutor Kovesi to address UN high-level debate

Wednesday, May 23, 2018

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Chief Prosecutor of Romania's National Anti-Corruption Directorate (DNA) Laura Codruta Kovesi is scheduled to deliver a speech in New York on Wednesday at a high-level debate to be organised by the United Nations General Assembly.According to a DNA press statement released on Tuesday, the debate marks the 15th anniversary of the United Nations Convention against Corruption (UNCC) Convention, also known as the Merida Convention, signed and ratified by Romania along ...

Over 900 Romanian magistrates sign resolution for “defending rule of law”

Wednesday, May 23, 2018

More than 900 Romanian magistrates signed by Monday evening, May 21, a “resolution for defending the rule of law,” a document made public by the Forum of Judges in Romania and initiated on Saturday during a protest staged in front of the Palace of Justice, attended by more than a hundred judges and prosecutors, ...

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