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Senate rejects DNA request to approve initiation of criminal proceedings against Tariceanu

Tuesday, June 4, 2019

The Senate on Thursday rejected in a plenary sitting the request of the DNA (National Anticorruption Directorate) to approve the initiation of criminal proceedings against the President of the upper Chamber of the Romanian Parliament, Calin Popescu-Tariceanu.The vote was secret with balls, with 38 Senators voting in favour of the request and 71 against, one abstention."The Senate decided not to approve the initiation of criminal proceedings against ...

Opposition tables no-confidence motion with Senate against ForMin Melescanu

Tuesday, June 4, 2019

A simple no-confidence motion called "May 26 is asking for your resignation, Mr Melescanu," sponsored by opposition senators from the Save Romania Union (USR), the National Liberal Party (PNL) and the People's Movement Party (PMP), was tabled Monday with the Senate."USR, PNL and PMP have collected signatures to make a simple motion called 'May 26 is asking for your resignation, Mr Melescanu.' Therefore, please take the necessary steps to trigger the legal ...

Darius Valcov, close to former PSD leader Liviu Dragnea, resigned from Prime Minister cabinet

Tuesday, June 4, 2019

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Darius Valcov has resigned on Monday from the position of economic adviser to Prime Minister Viorica Dancila, following a discussion with the Premier, Government sources inform. The Prime Minister has accepted the resignation, ziare.com reports. Last Tuesday, after the Social-democrat (PSD – ruling pary) Executive Committee sitting, PM Dancila was asked if she would work with Anca Alexandrescu and Darius Valcov, people ...

Change in electoral law under gov't ordinance called PM's concession to PSD barons

Tuesday, June 4, 2019

Madalina Dobrovolschi, the spokeswoman for President Klaus Iohannis, said on Monday that the change in the electoral law made on Monday under an emergency ordinance to introduce the single-member electoral system for the election of the county council chairs is in fact a concession that the premier wants to make to the "barons" of the Social Democratic Party (PSD) to win their support.According to Dobrovoschi, Iohannis believes that to be like changing the rules ...

Romania's deficit doubles in April to 1.1pct of GDP from March 2019

Tuesday, June 4, 2019

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Romania's aggregate government deficit more than doubled in April 2019, to 11.4 billion lei, or 1.1pct of the Gross Domestic Product (GDP), from 5.5 billion lei (0.54 pct of GDP) as recorded at the end of March 2019, according to the operative data from the national budget execution posted by the Ministry of Public Finance on Monday on its website.Compared with the same period of 2018, the deficit advanced 88.42pct, as the deficit at the end of April 2018 was 6.05 ...

BNR's foreign exchange reserves decline to 32,834 million euros in May 2019

Tuesday, June 4, 2019

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On May 31, 2019, the National Bank of Romania's foreign exchange reserves stood at 32,834 million euros, compared with 33,690 million euros on April 30, 2019, according to a press statement released by the bank of Monday.During the month, 1,111 million euros worth of inflows were recorded representing changes in credit institutions' foreign currency-denominated required reserves, inflows into the Ministry of Public Finance's accounts and the European Commission's ...

Finance Ministry planning to borrow 4.425 bln lei from banks this June

Tuesday, June 4, 2019

The Public Finance Ministry (MFP) seeks to raise this June from commercial banks 4.425 bln lei, of which 400 ml lei through an issue of discount T-bills, and 3.5 bln lei through new or reopened government bonds. Another 535 million lei might add to these amounts through additional non-competitive bids related to bond auctions.The loans planned for June are by 345 million lei or 8.5 pct higher than in May. The raised amounts will be used to refinance the public ...

Ambassador Michele Ramis announces Victor Brauner exhibition within Romania-France Season 2019

Tuesday, June 4, 2019

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The paintings of artist Victor Brauner from the Art Museum's collection in southeastern Tulcea will be integrated in a larger exhibition organised by the Embassy of France in Romania at the end of the Romania-France Season 2019, in Bucharest, on Monday announced Ambassador Michele Ramis, after admiring the paintings mounted inthe museum's permanent exhibition."I saw there is a collection signed Victor Brauner. Hopefully at end-Season 2019 we'll organise an ...

Air Canada will resume direct flights from Bucharest to Toronto and Montreal

Tuesday, June 4, 2019

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Starting with 7th of June, Air Canada Rouge resumes its non stop service to Montreal and Toronto, this being its second operating season from Romania. The flights will be operated till 7th of October. Between 24th of June and 7th of September there will be 6 weekly flights to Montreal and Toronto, Canada, compared to 4 in the rest of the time.“Air Canada is the only North American Carrier providing a nonstop service from Romania to Canada. We are happy ...

Pope Francis, at the end of his visit to Romania: I'm taking with me places, moments, yet especially faces

Monday, June 3, 2019

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Pope Francis on Sunday said after three days spent in Romania that he leaves "enriched" because he will take with him places, moments and especially faces of those he met."I arrived to this beautiful and welcoming country as pilgrim and brother, to life various meetings. Now I'm going back home enriched, taking with me places and moments, and especially faces. Your faces will give colour to my memories and will be present in my prayer. Thank you and I'll take you ...

PM Dancila met French Ambassador Ramis to discuss last evolutions on domestic political scene

Monday, June 3, 2019

The latest evolutions on the domestic political scene, as well as the bilateral co-operation and the one at European level were the topics addressed on Friday by the Romanian Prime Minister Viorica Dancila and the French Ambassador to Romania Michele Ramis.During the talks, the two officials have also talked about the aspects in connection with the priorities and the outcome of the Romanian Presidency of the EU Council. As regards the evolution PRES RO 2019 in its ...

Criminal complaint against ForMin Melescanu for the vote in Diaspora

Monday, June 3, 2019

PNL Diaspora President Viorel Badea has filed, on Friday, a criminal complaint to the Prosecutor General’s Office against Foreign Minister Teodor Melescanu, accusing him of premeditating the prevention of Romanian citizens ...

UDMR to endorse Eckstein-Kovacs Peter for ombudsman

Monday, June 3, 2019

National leader of the Hungarian Democratic Union of Romania (UDMR) Kelemen Hunor announced on Thursday in Cluj-Napoca that UDMR will endorse Eckstein-Kovacs Peter for ombudsman.Asked at a press conference about UDMR's position on Eckstein-Kovacs Peter's possible appointment to the ombudsman office, Kelemen said he had been informed about this proposal in a conversation with national leader of the Save Romania Union (USR) Dan Barna."Dan Barna told me ...

Banking system makes profit of 1.84 bn lei in Q1

Monday, June 3, 2019

The banking system made a profit of 1.84 billion lei (over EUR 391 million) in the first quarter of this year, and the net assets amounted to 451.9 billion lei, according to data from the National Bank of Romania (BNR).According to BNR data, 24 out of 34 banks made a profit in the first quarter of the year, and 10 were at a loss.Net interest income and commissions earned by banks in the first quarter amounted to 4.612 billion lei. The rate of ...

The barometer of industry in Romania: the modest advance of March has washed away again in April

Monday, June 3, 2019

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In April, in the Romanian industry, the modest advance of March has washed away again, and the weak and fluctuant increase suggests that the industry goes through a period of tiredness and stress according to the industrial monthly barometre made by IRSOP and SNSPA and published on Friday. The volume of production dropped by 6 points from 63 in March to 57 in April but it continues to be in the growth area. The stocks have contracted again getting to ...

Share of households with three or more children highest in Ireland, lowest in Bulgaria

Monday, June 3, 2019

According to Eurostat data, at EU level, almost half of all households with children (47%, or 30.6 million households) consisted of only one child, while 40% of households (25.8 million) had two children, and 13% (8.5 million) three children or more. The highest share of households with three or more children was registered in Ireland (26%), followed by Finland (19%), Belgium and France (both 18%), the Netherlands (17%) and the United Kingdom (16%). At ...

Germany, Poland and Romania lead EU cigarette production

Monday, June 3, 2019

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In 2017, over 487 billion cigarettes were produced in the European Union (EU), 40 billion fewer than in 2016. The production value in 2017 was around €4.9 billion, which is €1.3 billion less than in 2016, Eurostat data show. The EU’s production of cigarettes in 2017 was equivalent to more than 950 cigarettes per EU inhabitant. With almost 150 billion cigarettes produced, Germany was the largest producer and ...

How much is spent on family benefits in the EU?

Monday, June 3, 2019

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The EU Member States spent over €350 billion on family benefits in 2016 (2.4% of EU GDP). This represented 9% of the total spent on social protection ...

Nicolas Cage received the Transylvania Trophy  of TIFF

Monday, June 3, 2019

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The actor Nicolas Cage received on Saturday in Cluj-Napoca the ‘Transylvania’ Trophy of TIFF for Special Contribution brought to the World Cinematography occasion when he said that he liked the sound of these two words  ‘ Transylvania Trophy’ which he repeated several times. The actor recalled that he filmed two movies in Romania, reason for which he accepted gladly to come back and said that he hopes to have the experience ...

Pope Francis starts a three-day apostolic visit to Romania under the title of "Let us walk together!"

Friday, May 31, 2019

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Pope Francis begins on Friday a three-day apostolic visit to Romania, His Holiness being awaited by the authorities, hierarchs and pilgrims in Bucharest, Sumuleu-Ciuc, Iasi and Blaj. Pope Francis' visit to Romania takes place at the invitation of President Klaus Iohannis.The head of state addressed this invitation the first time in May 2015, on the occasion of the 25th anniversary of the resumption of diplomatic relations between Romania ...

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