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The Government adopted the GEO on the Administrative Code: New Obligations for the President on the appointment of a Minister

Wednesday, June 26, 2019


The Government approved, during the sitting on Tuesday, the Administrative Code This Code is controversial, receiving a negative opinion from the Economic and Social Council. The trade unions with the Administration sector argue the ...

Council of Europe anti-corruption body report warns: public perceptions of low levels of corruption may be misleading

Wednesday, June 26, 2019

The Council of Europe’s anti-corruption body ...

Iohannis welcomes Venice Commission's adopting parameters on relationship between majority, opposition

Wednesday, June 26, 2019


Romania's President Klaus Iohannis welcomes the adoption by the Venice Commission of "Parameters on the relationship between the parliamentary majority and the opposition in a democracy: a checklist," according to a press statement released by the Presidential Administration.The Presidential Administration shows that this document adopted by the Venice Commission on June 21 provides general principles that should govern the relationship between the parliamentary ...

Defence Expenditure of NATO Countries (2012-2019)

Wednesday, June 26, 2019


NATO collects defence expenditure data from Allies on a regular basis and presents aggregates and subsets of this information. Each Ally’s Ministry of Defence reports current and estimated future defence expenditure according to an agreed definition of defence expenditure. The amounts represent payments by a national government actually made, or to be made, during the course of the fiscal year to meet the needs of its armed forces, those of ...

Violeta Alexandru designated interim chairperson of PNL Bucharest branch

Wednesday, June 26, 2019

Former civil society activist, currently counselor of the National Liberal Party's (PNL - opposition) Chairman Ludovic Orban, Violeta Alexandru was designated on Tuesday as interim chairperson by the Liberals' Executive Bureau, at the proposal of the PNL Bucharest branch by Ludovic Orban, according to some Liberal sources.The decision was made by 21 votes in favor, two against and two abstentions.On 3 June, Cristian Busoi announced his withdrawal from ...

Head of Institute of National Economy: Too many taxes in Romania a considerable part of goes uncollected

Wednesday, June 26, 2019


Romania has too many taxes in place, but they are not gainful because collecting them is time- and money-consuming, director of the Institute of National Economy Gheorghe Zaman on Tuesday told the conference "Tax Policies for Financial Restructuring and the Support of the Business Environment.""In my opinion, Romania has too many taxes, and they are not gainful. Why? Because a good part thereof remains uncollected, handling them consumes money, time and space, and ...

FinMin Teodorovici: Lump-sum taxation might be more appropriate for both businesses and tax watchdog

Wednesday, June 26, 2019

The lump-sum taxation might be more appropriate for both the business environment and the National Tax Administration Agency (ANAF), given that 45,000 companies out of 1.2 million contribute 98 percent of the state budget revenues, Minister of Public Finance Eugen Teodorovici on Tuesday told the conference "Tax Policies for Financial Restructuring and the Support of the Business Environment.""There are currently about 1.2 million taxpayers in Romania, of which ...

PwC Survey: The Romanian Entrepreneurs, the most advanced in Central and Eastern Europe in the adoption of digital technologies

Wednesday, June 26, 2019


Romanian entrepreneurs are the more advanced in the use of digital technologies  than their peers in the other 14 countries in Central and Eastern Europe, according to PwC Central and Eastern Europe Private Business Survey 2019. So, 64% already designed a digital strategy, double compared to the region’s average. “We note that 82% of the Romanian entrepreneurial companies believe that the digital transformation will have a high impact ...

Industry Barometer in Romania: Since July, activity will decline for seasonal reasons

Wednesday, June 26, 2019


In May, in the Romanian industry, activity was as modest as in April and below the March level, but according to the annual pattern, starting July, activity will decrease for seasonal reasons and the decrease could be more drastic, according to the barometer monthly industrial survey by IRSOP and SNSPA and published Tuesday. Industrial companies show the first signs of crisis and cut jobs as domestic demand declines, according to a fresh ...

Partnership Pro Optica, Romarm and IOR for manufacture of remote controlled turrets

Wednesday, June 26, 2019

The National Company Romarm, Pro Optica company and Romanian Optic Enterprise singed a collaboration  accord on the manufacture of remote controlled turrets of 7.62 and 12.7 mm calibers at Moreni Automechanical Works, according to a press release of the Ministry of Economy. The accord was signed taking into account the essential interest for Romania's security to have on the national territory manufacture and maintenance production capabilities ...

Lockheed Martin, 561.8 million dollar contract for HIMARS launchers for Poland, Romania and Bahrain

Wednesday, June 26, 2019

The American group Lockheed Martin received a contract of 561.8 million dollars to manufacture mobile launchers for HIMARS missiles for Bahrain, Poland and Romania. HIMARS launchers (High Mobility Artillery Rocket System) manufactured by Lockheed Martin, have an action area of 70 to 300 km and are now used by the US and 18 other countries. The US Defense Department said that assembly works will be over by June 30, 2022 in several Lockheed works in the ...

Romania: Venice Commission publishes opinion on emergency ordinances GECO no. 7 and GEO no. 12 amending the laws of justice

Tuesday, June 25, 2019

The Venice Commission has just published an Opinion on Romania ...

Iohannis: the government has the duty to mend the prejudice brought to the judiciary

Tuesday, June 25, 2019

President Klaus Iohannis draws the gov't attention on the new alarm sent by the European Commission for Democracy through Law of the European Council (the Venice Commission) in the opinion referring to the successive changes of the Laws of Justice through emergency ordinances."The President of Romania emphasises that the message sent in the document adopted by the Venice Commission is as clearly as possible: the government has the duty to mend the prejudice ...

 Senate's Tariceanu: Extraordinary session of Parliament, 1-5 July

Tuesday, June 25, 2019

Parliament will be convened in an extraordinary session 1-5 July, announced Senate's President Calin Popescu-Tariceanu."We decided to convene an extraordinary session, next week, 1-5 July, to discuss the appointments to the Fiscal Council and to the National Bank," Popescu-Tariceanu said on Monday, after the meeting of the Joint Permanent Bureaus."Also this week, because it is about institutions subordinated to Parliament, there is the appointment to ...

Joint Foreign Affairs Committees: Declaration for endorsing new Gov't in Chisinau

Tuesday, June 25, 2019


The Senate's and the Deputies' Chamber's Foreign Affairs Committees approved on Monday a draft declaration on endorsing the new Government in Chisinau and the commitment for the European journey of the Republic of Moldova. The vote was unanimous, namely 18 votes "in favour."The declaration will be submitted to the vote of the joint plenary meeting of Parliament. The state of play in the Republic of Moldova will be debated in a common meeting of the ...

The Social-Democrats gather in CEx on Friday, one day before the National Congress

Tuesday, June 25, 2019

Social democrat party (PSD at rule) will organize a new National Executive Committee on Friday at 12:00 at the headquarters in Baneasa, one day before the National Congress of the party. PSD will organize a new Executive Committee where the draft policies and amendments to the statute of the party will be validated. At the same time, the candidatures for the leading positions in the party will be validated as well as the agenda of the Congress of 29 ...

Renate Weber, proposed by ALDE for the position of  Ombudsman

Tuesday, June 25, 2019

Renate Weber who did not get in the European Parliament as  Alliance of Liberals and Democrats (ALDE- minor at rule), did not get the electoral threshold was proposed by the party led by Calin Popescu Tariceanu for the position of Ombudsman. The prime-minster Viorica Dancila announced on Monday that the Ombudsman is a position which goes to ALDE. Renate Weber activated in the civil society starting with the ...

Japan Credit Rating Agency reconfirms Romania's BBB/BBB+ rating

Tuesday, June 25, 2019


The JCR Japan Credit Rating Agency reconfirmed Romania's foreign currency long-term issuer rating at BBB and local currency long-term issuer rating at BBB+ with a stable outlook, according to a release of the Public Finance Ministry (MFP).According to the document, Romania's relatively stable economic situation and the low level of public debt are the main factors which contribute to the country rating confirmation. The Agency expects the growth rate to further ...

Dual food quality: Commission releases study assessing differences în the composition of EU food products

Tuesday, June 25, 2019


* Monday, the Commission published the results of a pan-European testing campaign of food products showing that some products are identically or similarly branded while having a different composition. Since ...

Consumer price levels in 2018: Price levels of food ranged from 66% of the EU average in Romania to 130% in Denmark in 2018

Tuesday, June 25, 2019


 In 2018, the price level of a comparable basket of food and non-alcoholic beverages across the European Union (EU) was twice as high in the most expensive Member State than in the cheapest one. Denmark had the highest price level for food and non-alcoholic beverages in the EU in 2018, at 130% of the EU average, followed by Luxembourg and Austria (both 125%), Ireland and Finland (both 120%) and Sweden (117%). At the opposite end of the scale, the ...

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