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New Ciolacu Gov't members sworn in at Cotroceni Presidential Palace Monday evening
Tuesday, December 24, 2024
The ministers of the Ciolacu Cabinet were sworn in on Monday evening before of President Klaus Iohannis, during a ceremony held at the Cotroceni Presidential Palace. The senators and deputies gave their vote of confidence to the Government led by Marcel Ciolacu, on Monday, in a joint session.240 votes "for" and 143 votes "against" were registered, announced PSD deputy Daniel Suciu, who presented the minutes on the result of the ...
Objectives from governing program of future coalition executive
Tuesday, December 24, 2024
President Klaus Iohannis signed, on Monday, the decree regarding the appointment of Marcel Ciolacu as a candidate for the position of prime minister, in order to request the Parliament's vote of confidence on the program and the list of the new Government. PSD President Marcel Ciolacu, designated for the position of Prime Minister, declared on Monday that the rapid organization of the presidential ...
AUR asks CCR to declare vacancy of post of President of Romania and order elections to be resumed
Tuesday, December 24, 2024
The Alliance for the Union of Romanians (AUR - opposition) notified the Constitutional Court (CCR) regarding the declaration of the vacancy of the office of the President of Romania, with the de jure termination of the mandate of Klaus Iohannis, and the resumption of the presidential elections with the second round.According to a press release from the AUR sent on Monday, Iohannis is definitively unable to exercise the duties of president of ...
Ursula von der Leyen's message to mark 35 years since the Romanian Revolution
Tuesday, December 24, 2024
The president of the European Commission (EC), Ursula von der Leyen, sent on Sunday on the network X a message on the occasion of 35 years since the Romanian Revolution.‘35 years ago, the Romanians stood up for the right to choose their own destiny. Many gave their lives so that their children could be free and live in democracy’ the EC president wrote on X. Ursula von der Leyen closed her message ...
RON appreciated, on Monday, in relation to main currencies
Tuesday, December 24, 2024
The national currency appreciated, on Monday, in relation to the euro, which was calculated by the National Bank of Romania (BNR) at 4.9759 RON, down by 0.05 RON (-0.01%) compared to the previous quotation, of 4.9764 RON.Also, the RON gained ground against the US dollar, which was quoted at 4.7871 RON, down by 0.37 bani (-0.08), compared to Friday, when it stood at 4.7908 RON.The national currency also appreciated in relation to the Swiss franc, ...
Bucharest Stock Exchange closes higher Monday's session
Tuesday, December 24, 2024
The Bucharest Stock Exchange closed Monday's session higher on almost all indices, and the total value of transactions amounted to 132.76 million lei (26.68 million euros).The main index of the Bucharest Stock Exchange, BET, which includes the 20 most traded companies listed on the Regulated Market, appreciated by 0.77%, up to 16,857.73 points.The BET-Plus index, which shows the evolution of the 43 most liquid stocks, closed up by 0.74% and the ...
The National Forecast Commission has significantly revised down its forecast for this year's economic growth to 1%
Tuesday, December 24, 2024
The National Commission for Strategy and Prognosis (CNSP) modified downwards significantly at 1% from 2.8% previously, the estimate for economic growth for this year, due to an accelerated decline of the activity, especially in industry and agriculture.On the supply side, the economy's growth was also affected this year by the modest results in construction (-0.4% compared to 4.8% in the summer forecast), ...
NextGenerationEU reaches €300 billion in RRF payments with new disbursements to Czechia, Germany, Italy, Portugal, and Romania
Tuesday, December 24, 2024
The Commission disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal and Romania, totalling €26.8 billion in loans and grants. The total disbursed under the RRF has now reached over €300 billion. This important milestone reflect the scale of the transformative reforms and investments ...
Study: Most Romanians use savings to prepare Christmar gift budgets
Tuesday, December 24, 2024
Most Romanians use their savings to prepare budgets for Christmad presents (53%), according to the study Revolut and Dynata, according to a bank press release. Both men and women had almost similar answers (53% vs 52%) about intentions of using budgets for holiday presents. Only 32% of respondents to the Revolut study said they use only funds from bank accounts to purchase hiliday presents, without ...
President Iohannis: There are premises that we will have a new government very soon
Monday, December 23, 2024
President Klaus Iohannis on Sunday, after consultations with parliamentary parties, said that it is possible for a pro-European coalition government to be formed "very soon.""The pro-European coalition formed by PSD - PNL - UDMR [Social Democratic Party, National Liberal Party, Democratic Union of Hungarians in Romania] and minorities came together with all the leaders, they requested the four leaders come together, and they informed me that ...
Senate and Chamber electing presidents on Monday
Monday, December 23, 2024
The two chambers of the Legislature, the Senate and the Chamber of Deputies, will elect their presidents on Monday morning, after the lawmakers took their oath of office last weekend and the standing committees were established.The sessions will begin at 9:00 AM, and the vote will be secret.On Friday, Saturday, and Sunday, the mandates of the elected officials were validated, senators and deputies took their oaths, and the ...
US delegation to NATO Parliamentary Assembly concerned about the electoral process in Romania
Monday, December 23, 2024
The US delegation to NATO Parliamentary Assembly appreciated on Friday in a press release ‘Romania’s role as firm ally of NATO and full-fledged member of the EU’ and in this context they expressed their concern in connetion to the ‘Russian efforts to undermine and influence the electoral process’ in our country."It is the prerogative of the Romanian people to choose their ...
Viktor Orban: As energy cooperation with Ukraine is blocked, cooperation with Romania becomes more important
Monday, December 23, 2024
The Prime Minister of Hungary, Viktor Orban, was received on Friday at the Victoria Palace by Prime Minister Marcel Ciolacu, with the leader of the Hungarian Democratic Union of Romania (UDMR), Kelemen Hunor, also attending the ceremony. The Prime Minister Viktor Orban stated that his country managed to buy 1.75 billion cubic meters of gas last year through Romania ...
Prime Minister of Portugal - on working visit to Romania, to Caracal Garrison
Monday, December 23, 2024
The prime minister of Portugal, Luis Montenegro, accompanied by representatives of the Romanian National Defense Ministry (MApN), paid a working visit to Romania on Friday, at the Caracal Garrison, Olt County, where Portuguese troops are deployed.According to an MApN press release, the Chief of Defense Staff, General Gheorghita Vlad, met with Portuguese officials to discuss key issues regarding the security situation, bilateral defense ...
Polish minister of defense visits Polish troops deployed in South-East Multinational Brigade in Craiova
Monday, December 23, 2024
The Secretary of State for Defense Policy, Planning and International Relations, Simona Cojocaru, and the Chief of the Defense Staff, General Gheorghita Vlad, met on Friday, in Craiova, with the Minister of Defense from Poland, Deputy Prime Minister Wladyslaw Kosiniak-Kamysz, on which occasion the two sides emphasized the need to strengthen the deterrence and defense position on the Eastern Flank.During the visit, the high official met with the ...
NATO Military Committee Chair Admiral Bob Rauer, awarded at Aspen Leadership Awards Gala
Monday, December 23, 2024
NATO Military Committee Chairman, Admiral Rob Bauer, was awarded the "Mihnea Constantinescu - Leadership Based on Values" trophy on Friday, at the 14th edition of the Aspen Leadership Awards Gala. Handing the trophy was Aspen Institute Romania President Mircea Geoana, according to a press release from the Aspen Institute Romania.The event marks the 18th anniversary of the Institute's activity and acknowledges individuals and organisations that ...
PG asks for harsher penalties in cases of promotion of the personality cult of leaders of extremist organizations
Monday, December 23, 2024
Prosecutor General Alex Florenta calls for the amendment of the criminal legislation and harsher penalties for those who incite to violence, hatred or discrimination in the online environment, but also for promoting the cult of persons who were part of the leadership of a fascist, legionary, racist or xenophobic organization."In the current context in which there is a resurgence in the public space of such manifestations characterized by speech ...
CNA: Call on elimination of aggression against journalists
Monday, December 23, 2024
The National Audiovisual Council (CNA) is urging all actors in the public communication space to refrain from any form of aggression, particularly verbal aggression against journalists."In the context of the social tension generated by electoral processes, we are noticing an alarming increase in verbal aggression aimed at journalists, sometimes even endorsed by individuals working in the media. Convinced that freedom of expression must be ...
Romanians to spend 13 pct more money this year for the winter holidays
Monday, December 23, 2024
Romanians will spend 13% more money for this year's winter holidays, but the increase does not necessarily reflect higher consumption, but rather the coverage of inflation, shows a study carried out by Reveal Marketing Research."In the context of rising prices and the cost of living in the last year, the average amount Romanians estimate they will spend on holidays increased by 13% compared to the end of last year, from ...
EY Consumer Index: 56 pct of respondents, concerned about rising electricity, gas and water costs
Monday, December 23, 2024
More than half (56%) of respondents in the EY Consumer Index Romania 2024 survey are concerned about the rising costs of electricity, gas and water, access to quality healthcare (54%) and the possibility to find a job (52%) being other important concerns.Moreover, 48% of respondents are worried about rising taxes and the cost of food, and 40% think they will not be able to buy a house in the near future.Most ...