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US announce that it “Fully” supports Mark Rutte for the head of NATO, but also appreciates “Good Friend” Klaus Iohannis

Wednesday, April 3, 2024

NATO is in the process of debating and seeking consensus on the name of the next Secretary General of the North Atlantic Alliance, but the position of the United States is that it fully supports the current Dutch Prime Minister, Mark Rutte, for this position, although it appreciates that that President Klaus Iohannis, “a friend”, decided to enter the competition, said Tuesday, in a press briefing in Brussels, the US ambassador to NATO, Julianne ...

IntMin Predoiu, meeting with Austrian counterpart în Vienna

Wednesday, April 3, 2024

Interior Minister Catalin Predoiu, after meeting his Austrian counterpart Gerhard Karner in Vienna on Tuesday, said that Romania will continue its good cooperation with Austria and all other member states, as well as with the European Commission, in order to improve the framework for migration and asylum, develop efforts on the external dimension of migration and bilateral and multilateral police cooperation against cross-border crime.Romania will also ...

ForMin Odobescu at "Restoring Justice for Ukraine" conference

Wednesday, April 3, 2024

There can be no peace without justice, the minister of Foreign Affairs, Luminita Odobescu, said on Tuesday, in the context of her participation in the "Restoring Justice for Ukraine" conference in The Hague.According to a release from the Ministry of Foreign Affairs (MAE) sent on Tuesday, ...

MApN - amendments to National Defence Law: possibility of militarising forces within the Ministry of Internal Affairs

Wednesday, April 3, 2024

  The Ministry of National Defence (MApN) has put up for public debate a draft normative act on Romania's National Defence Law which provides for the possibility of militarising, under certain conditions, the protection forces within the Ministry of Internal Affairs.The law also establishes the competences and the means to employ military and non-military capabilities formed at peace, in the situation of hybrid threats.MApN considers ...

Moody's maintains Romania's outlook at stable, affirms Baa3 rating

Wednesday, April 3, 2024

Moody's Investors Service said it has maintained the outlook on Romania as 'stable' and affirmed the 'Baa3' foreign and domestic long-term issuer and senior unsecured ratings.   The affirmation of the Baa3 ratings reflects the country's strong growth prospects, supported by large EU funds and foreign direct investment inflows, Moody's said in a press release on ...

Gold price higher on Tuesday – 336.2958 lei/gram. Leu depreciates against euro and USD

Wednesday, April 3, 2024

A gram of gold got more expensive on Tuesday with 2.9124 lei (0.87%) to a quotation of 336.2958 lei from 333.3834 lei, as announced by BNR the previous day, thus recording a new record value.   The national currency depreciated on Tuesday, against the euro, which was calculated by BNR at 4.9705 lei, growing by 0.05 bani (0.01%) compared to the previous quotation of 4.9700 ...

Analysis: Business restructuring will become the buzzword for the Romanian business

Wednesday, April 3, 2024

The rather troubled economic perspectives at European level, already confirmed in the UK and Germany, have risen the alert level in the Romanian economy as well and many of the big companies, especially those who have export operations, have used business preventive restructuring in order to reduce their exposure to a possible financial negative impact, shows an analysis made by Sierra Quadrant.The preventive business restructuring refers, essentially, to ...

Number of new jobs posted in Q1 down to 75,000, number of applications up to 3 million

Wednesday, April 3, 2024

The number of new jobs posted since the beginning of the year has fallen by almost 10% compared to the same period last year, to 75,000 jobs, with almost a third of these coming from retail employers, according to eJobs.The second most active employer in the first quarter was services, with 10,000 jobs posted, while call-center/BPO ranked third, followed by travel, food and construction."Tourism is a sector that has soared up the rankings in the ...

Industrial production prices fall by 6.3 pct in February

Wednesday, April 3, 2024

 The prices of industrial production in total (domestic market and foreign market) decreased by 6.3% in February 2024, compared to February 2023, and by 0.8% compared to the previous month, according to the data published on Tuesday by the National Institute of Statistics (INS).According to the cited source, at the level of the domestic market, the price index of industrial production registered a decrease of 1.23% in February, compared to January 2024, ...

Romania could triple data center market in next three years 

Wednesday, April 3, 2024

Romania could triple or even increase its data center capacity by seven to eight times in the next three years, after several investors have announced the construction of new projects in Bucharest in recent months, believes Mihai Manole, general director of Tema Energy , according to a company statement.Last year, several relevant players announced their intentions and started projects to implement large data centers. Bucharest is the chosen locality in ...

NATO marks 75th anniversary in ceremony also celebrating Romania's accession

Tuesday, April 2, 2024

 NATO is marking the 75th anniversary of its founding on Thursday, on the second day of a meeting of foreign ministers from member countries, at a ceremony at the Alliance's headquarters in Brussels, which will also mark the 25th, 20th and 15th anniversaries of the accession of no fewer than 12 countries, including Romania.The ceremony will take place at the NATO headquarters on Thursday morning and will be preceded by a wreath-laying ceremony attended by NATO ...

Romania has not allocated funds for Ukrainian refugees in 2024

Tuesday, April 2, 2024

Romanian authorities have not allocated any financial aid to Ukrainian refugees so far in 2024, the General Inspectorate for Emergency Situations (IGSU) has announced quoted by www.euractiv.com.   Ukrainian refugees seeking shelter in Romania received some financial support in February, but these were outstanding payments from the end of 2023, IGSU said. Regarding expenses for January and February 2024, IGSU ...

Moldova, Romania, US Troops Unite for JCET-2024

Tuesday, April 2, 2024

The Moldovan Ministry of Defense has announced a multinational exercise, “JCET 2024”, where National Army soldiers will train alongside counterparts from Romania and the United States of America, according to Moldova`s Defense Ministryquoted by https://azertag.az/.   Scheduled for April 1-19, the exercise will take place at National Army training centres. Its objectives are joint training, knowledge exchange between Moldovan, Romanian, and ...

AEP:18,965,288 enfranchised citizens on March 31

Tuesday, April 2, 2024

The Permanent Electoral Authority (AEP) announced on Monday that the total number of enfranchised citizens registered in the Electoral Register on 31 March stands at 18,965,288, 24,454 more than the last information at the end of February.According to an AEP press release, 18,940,834 Romanian voters were registered on 29 February.The differences appear as a result of the current operations carried out by mayors in the Electoral Register of ...

Romanian voters abroad can register online

Tuesday, April 2, 2024

Romanian voters who want to vote in this year's presidential and/or parliamentary elections by mail or at a polling station abroad closer to their home or residence can register online on the www.votstrainatate.ro portal starting today, the Standing Electoral Authority (AEP) reported on Monday.The portal includes two sections: the election of the President of Romania and the election to the Senate and the Chamber of Deputies. Within each section there are two categories: ...

Ciuca: If the party asks me to run for president I will do so

Tuesday, April 2, 2024

The PNL (liberal party – at rule) chairman, Nicolae Ciuca stated on Monday that the party is sovereign and, if he is required to run for the presidentialelections, he will do so.Nicolae Ciuca was asked if he will run for the presidential elections of this year, after the MEP Rares Bogdan said that he had to do this if the party asked him to.‘If the party requires this, the party is sovereign in such situations and I will do so’ Ciuca stated, at ...

CURS survey : 21% of the electors consider that incomes should be the main issue to be mainly approached by the government

Tuesday, April 2, 2024

Income is considered the main issue to be approached with priority by the government, 21% of the electors mentioning it, according to a CURS survey published on Sunday.Asked which are the main issues of the country which should be approached with priority by the government, 21% of the interviewees spoke about income (pensions, salaries) living standard, 10% - health, hospitals, 10% - corruption, fraud, special pensions, 10% - ...

ING: National Bank of Romania preview: We could see hints of a cautious easing cycle ahead

Tuesday, April 2, 2024

  The National Bank of Romania will most likely hold rates steady in April and leave the beginning of the cutting cycle for the May meeting, https://think.ing.com/ reads.   Policymakers could still keep a relatively hawkish tone due to a number of factors: inflation surprised mildly to the upside so far in the year, private consumption seems to be ...

Forex reserves advance to EUR 64.279 bln in March 2024

Tuesday, April 2, 2024

As of end-March 2024, the forex reserves of the National Bank of Romania (BNR) stood at 64.279 billion euros, up 1.82 pct up from 63.128 billion euros at the end of February 2024, the central bank announced in a release sent to AGERPRES on Monday.Inflows recorded in March 2024 amounted to 1.789 billion euros, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the accounts of the Ministry of Public Finance and ...

Arrears to general consolidated budget down 8.8 pct in February 2024

Tuesday, April 2, 2024

  Arrears to the general consolidated budget decreased by 8.8% in February 2024, compared to the previous month, to 320.1 million RON, from 351 million RON in January, according to data published on the Ministry of Finance (MF) website.Arrears over 90 days decreased by 17.32%, from 140.3 million RON to 116 million RON, those over 120 days decreased by 2%, from 135.3 million RON in January 2024 to 132.6 million RON in February 2024. Arrears over 360 days ...

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