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EC Vice-President: Situation of justice in Romania affects investments and economic development

Friday, November 23, 2018

Problems affecting the principles of the rule of law in Romania, Poland and Hungary have negative impact on investments and economic development, says Jyrki Katainen, vice-president of the European Commission and EU commissioner for jobs, growth investments and competitiveness. Whoever invests 100 ...

European Commission asks Romania to adopt new EU regulations on fighting terrorism

Friday, November 23, 2018

The European Commission sent Romania and other European states notification letters for not adopting the latest EU regulations on fighting terrorism, official Brussels sources say. The European Commission sent notification letters to Romania, Austria, Belgium, Bulgaria, Czech Republic, Cyprus, ...

Iohannis: Next selection process of DNA chief prosecutor shall be carried out according to law

Friday, November 23, 2018

President Klaus Iohannis stated on Thursday that he expects for the next selection process of prosecutor-in-chief of the National Anticorruption Directorate (DNA) to be carried out in accordance with the law."Some very simple requirements: to be carried out according to law. Nothing more. I didn't have any other claims from the Minister and he didn't manage to accomplish not even this one," ...

New ambassadors of Spain, Iran, Macedonia and Tunisia received at the Cotroceni Palace

Friday, November 23, 2018

President Iohannis on Thursday welcomed at the Cotroceni Presidential Palace the ambassadors of the Spanish Kingdom, the Islamic Republic of Iran, the Republic of Macedonia and the Republic of Tunisia, on the occasion of the presentation of the letters of credence. At the meeting with the Spanish Ambassador, Manuel Larotcha Parada, the head of state voiced confidence with respect to the ...

Iohannis: appointment of a new ambassador to Israel is to our attention

Friday, November 23, 2018

President Klaus Iohannis stated on Thursday that he seeks a solution in respect to the appointment of a new ambassador of Romania to Israel."We will look for a solution. It's obvious that my interest is to have ambassadors there, where we have embassies so they improve the relations between our states. The matter is to our attention," Iohannis stated at the Cotroceni Presidential ...

Parliament To Hold Solemn Meeting Marking Centennial On November 28

Friday, November 23, 2018

The Standing Bureaus of Romania’s Lower Chamber and Senate decided on Wednesday that the country’s Parliament will hold a solemn meeting on November 28, to mark 100 years from the Great Union of 1918. The Centennial meeting is scheduled to start with a speech by President Klaus ...

Finances propose second budget rectification with deficit of 2.97% of GDP and 949.6 billion lei

Friday, November 23, 2018

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The Ministry of Public Finance (MFP) announced on Wednesday, that it had elaborated the draft of the second budget rectification this year, with inclusion in the budget deficit target of 2.97% of GDP. “Economic results prove the possibility if reaching a GDP nominal value of 949.6 billion ...

BNR: Recession is unavoidable, investments are needed

Friday, November 23, 2018

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The National Bank of Romania (BNR) officials have sent a moderate warning regarding recession, saying that economic growth is automatically followed by a downturn. Currently, we are on the edge in terms of foreign deficit, we import much more than we export, and of budget deficit, sources from the central bank ...

Industrial Barometer: volatile demand and rising production costs, major industrial risks

Friday, November 23, 2018

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Volatile demand and rising production costs, affecting income, liquidity and investment firms, pose major threats to the industry, according to the Barometer Industry of Romania, conducted by IRSOP & SNSPA Faculty of Management. The barometer indicates that between April and August industrial growth has weakened continuously reaching almost zero. The activity revived in September, but ...

Unemployment in Romania drops to 3.33pct in October 2018

Friday, November 23, 2018

The number of registered unemployed with the National Employment Agency (ANOFM) was 290,179 in October 2018, down 6,572 people from the previous month, while the unemployment rate decreased to 3.33pct.According to a press statement released by ANOFM on Thursday, nationwide unemployment in October 2018 fell by 0.07 ...

European Semester Autumn Package: Bolstering inclusive and sustainable growth

Thursday, November 22, 2018

Brussels, 21 November 2018 Commission sets out EU's economic and social priorities for 2019, presents Opinions on Draft Budgetary Plans and confirms the existence of particularly serious non-compliance with the Stability and Growth Pact in the case of Italy; Greece is integrated into the European Semester for the first time. The 2019 European Semester cycle of economic and social policy coordination begins against a ...

President Iohannis to pay official visit to France next week for the inauguration of the Romanian-France Cultural Season

Thursday, November 22, 2018

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President Klaus Iohannis will be paying an official visit to the French Republic between 27 and 28 November, occasioned by the inauguration of the Romanian-France Cultural Season, which is aimed at the 10th anniversary since the signing of the Strategic Partnership, as well as the celebration of the Greater Union Centennial in 1918.According to the Presidential Administration, on 27 November, President Klaus Iohannis will attend, at the National Residence of the ...

Joint meeting of Romanian and Moldovan governments on Thursday in Bucharest

Thursday, November 22, 2018

Prime Minister Viorica Dancila on Thursday will preside in Bucharest a joint meeting of the Romanian and Moldovan governments, to be attended including by her Moldovan counterpart Pavel Filip, and ministers from areas of shared interest. The officials will approach the current stage and future of the bilateral relation, with its sectoral components, and they will assess the current stage of implementation of the bilateral cooperation projects carried out by ...

În State Duma, Igor Dodon condemns calls for withdrawal of Russian peacekeepers from Transnistria

Thursday, November 22, 2018

Moldovan President Igor Dodon has condemned the government’s request to curb Russia’s peacekeeping operation in the buffer security zone of the Transnistria conflict, Tass reports. "I am convinced that as long as there is neither a sustainable and viable political solution to the Transnistrian problem, nor a mechanism for maintaining peace and stability in the post-conflict period, it is only populists or deliberate provocateurs who can ...

EP President Tajani: EP resolution adopted last week is not against Romania or Romanians

Thursday, November 22, 2018

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The resolution on the rule of law in Romania, adopted last week by the European Parliament in Strasbourg, is not against Romania or the Romanians, President of the European Parliament Antonio Tajani stated on Wednesday at the debate called "Young people in a dialogue with the European Parliament," hosted by the Aula Magna of the Law Faculty of the University of Bucharest.The high official said that the resolution refers to the rule of law which is one of the most ...

ALDE' s Guy Verhofstadt to Tariceanu: Dear Calin, do not pursue the illiberal path. Not in our name, and certainly not with our name!

Thursday, November 22, 2018

On Tuesday, Guy Verhofstadt – leader of the ALDE group in the European Parliament – sent a harsh letter to Calin Popescu Tariceanu, rejecting the latter’s allegations that the critical resolution on the Romanian coalition was made in an uniformed manner, and asked the senator to respond urgently by following the recommendations of the Venice Commission regarding amendments to the laws of the Judiciary and the Criminal Codes, g4media.ro ...

Olguta Vasilescu proposed for Regional Development, Mircea Draghici for Transports

Thursday, November 22, 2018

After President Iohannis rejected the proposals of Lia Olguta Vasilescu for the Transports Ministry and of Ilan Laufer for the Regional Development portfolio, the ruling Social ...

President Iohannis rejects appointment of Adina Florea as head of DNA

Thursday, November 22, 2018

President Klaus Iohannis rejected on Wednesday the proposal for the appointment of Adina Florea as the chief prosecutor of the National Anticorruption Directorate. In a press release sent on Wednesday, the Presidential Administration specifies that in October Justice Minister Tudorel Toader sent to the president the following proposals appointing certain prosecutors in leadership positions:* Adina Florea - Chief Prosecutors of the National ...

President Iohannis condemns Laufer's statements: References to anti-Semitism and Nazism in political dispute, irresponsible

Thursday, November 22, 2018

President Klaus Iohannis strongly condemns the use of highly sensitive issues to a political end, underscoring that the references to anti-Semitism and Nazism in the political dispute are irresponsible and evince severe shortcomings of education, culture, diplomacy and historical knowledge.The president's specifications come after Ilan Laufer's statements, who accused Iohannis of anti-Semitism, after the president refused to sign the former's appointment as ...

Isarescu: there isn't an obsession on inflation;there is interest in inflation, credibility due to interest rates

Thursday, November 22, 2018

The National Bank of Romania (BNR) didn't make an obsession out of inflation, but it's interested in it because of the interest rates, Governor of the BNR Mugur Isarescu stated at the conference called "Romania 2030: How do we recover the gaps from Western Europe?""We are interested in inflation and credibility because of the interest rates. For, otherwise, if we don't go down with inflation, whether we want it or not, the interest rates will increase and this ...

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