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US Export-Import Bank to finance nuclear project at Cernavoda

Friday, October 9, 2020

The Minister of Economy, Energy and the Business Environment, Virgil Popescu, will meet on Friday with the President and Chairman of the Board of the US Export-Import Bank, Kimberly Reed, in view of signing a Memorandum regarding the financing of the nuclear project at southeastern Cernavoda, according to the Ambassador of the United States of America in Bucharest, Adrian Zuckerman.Tomorrow (Friday - e.n.), Minister Popescu will meet with the Secretary of ...

Ambassador Adrian Zuckerman Addresses Aspen Institute’s Bucharest Forum

Friday, October 9, 2020

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Hello everyone.   I regret that I cannot be there in person with you for this forum. I am, however, in Washington D.C. finalizing several issues that will strengthen the ties between our two great nations for years to come. Though we are far away, I am confident that this year’s Bucharest Forum will be a great success. I wish to thank the Aspen Institute and the German Marshall Fund for organizing ...

FinMin Citu: We estimate an economic contraction of 4%, even higher; recovery speed counts

Friday, October 9, 2020

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Economic contraction could slightly exceed 4% this year and the recovery speed is important now. That is why the government invested very much to substitute the drop of private demand through investments from the budget, said Florin Citu, the minister of public finance on Thursday, at “Banking Forum Online”, organized by Financial Intelligence. “I think we have eliminated the most pessimistic scenarios. We estimate ...

1-billion euro financing agreement for grants for SMEs

Friday, October 9, 2020

The financing agreement for the granting of 1 billion euros for SMEs, through the Competitiveness Operational Programme (POC), was signed on Thursday by the Minister of European Funds, Marcel Bolos, and the Minister of Economy, Energy and Business Environment, Virgil Popescu.According to a press release sent on Thursday, the electronic registration form for measure 1 (microgrants) will be active on the IMMRECOVER platform (granturi.imm.gov.ro) starting ...

Registration of companies that want micro-grants from EU funds to start Monday

Friday, October 9, 2020

The electronic registration form for obtaining micro-grants from non-reimbursable foreign funds will be active on the granturi.imm.gov.ro link starting with Monday, October 12, 2020, at 10:00, informs the Ministry of Economy, Energy and Business Milieu."The Ministry of Economy, Energy and Business Milieu launches the registration phase within the measure "Micro-grants extended from non-reimbursable foreign funds" within the state aid scheme established by ...

FinMin Citu: Measures we've taken this year, guarantee schemes, could remain until 2021

Friday, October 9, 2020

The European Commission has sent a new proposal to Member States to change and extend the temporary framework, which means that all measures taken this year and the guarantee schemes can be extended in 2021, the Minister of Public Finance, Florin Citu, informed on Thursday, at the end of the Government Meeting."This is very good news from the European Commission. It has sent the Member States a new proposal to change and extend the temporary framework. This ...

Gov't to approve payment facilities for outstanding budget debt after state of alert establishment

Friday, October 9, 2020

The government is to approve by emergency ordinance payment facilities for outstanding budget debts accrued after the date of the establishment of the state of emergency,managed by the central fiscal body, after the Minister of Public Finance informed the government meeting that the project will be on the additional agenda of the government meeting."It will be on the additional agenda. Let me tell you some of the measures included in the normative act - for ...

Digitization and robotization will bring over 1 million new jobs in Romania until 2030

Friday, October 9, 2020

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Digitization and robotization will bring over 1 million new jobs in Romania until 2030, on the background of fundamental changes the economy will go through, according to an analysis by Factory 4.0 Frames, according to which in 10 years' time many of the present jobs will disappear.   The analysis says that in ten years, many of the present jobs will have disappeared, while new jobs focused on creativity ...

Social Monitor: Romania recording highest in-work at-risk-of-poverty rate in EU

Friday, October 9, 2020

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Romania is recording the highest in-work at-risk-of-poverty rate in European Union, at 15.7% in 2019, given that the EU average was 8.9%, according to the Social Monitor Infographic project of the Friedrich-Ebert-Stiftung Romania organisation."Although the situation has improved since 2015, Romania continues to record the highest in-work at-risk -of -poverty rate in the EU," the source said.In 2015, the rate was 18.8%.On the other ...

Number of employees in Bucharest drops, in July, by 10,000 persons

Friday, October 9, 2020

The number of employees in Bucharest stood, at the end of July 2020, at 1,028,308 persons, recording a drop by 10,077 persons over the same month of 2019, according to data centralized by the National Institute for Statistics.The gross average wage was, at the end of July 2020, of 7,070 RON (6,597 in July 2019), and the net one of 4,320 RON (4,019 in the same period of 2019).On the other hand, at the mentioned date, in Bucharest, there were ...

President Iohannis do not intend to re-give intelligence services attributions within criminal prosecutions, criminal trials

Thursday, October 8, 2020

President Klaus Iohannis said on Wednesday at the Cotroceni Palace that he does not want to give intelligence services "attributions in criminal prosecutions or criminal trials.""I do not intend to have the initiative and to give back to the services attributions in criminal investigations or criminal proceedings. These things - the criminal investigation is done by the prosecutor, and the trial of the cases is done by the judge. The secret services and the ...

Mandate of Parliament cannot be extended by law, Iohannis says

Thursday, October 8, 2020

The mandate of Parliament cannot be extended by law, President Klaus Iohannis stated on Wednesday, adding that some MPs "can't get enough of their position in Parliament and wish to stay there longer.""The elections will be held on December 6, the date was established, everything is prepared, the candidacies have already been submitted. The mandate of Parliament cannot be extended by law, this is what the Constitution tells us. That the law cannot suspend or ...

Defense Minister Ciuca on official visit to the U.S. Wednesday through Sunday

Thursday, October 8, 2020

Minister of National Defense Nicolae Ciuca will pay on an official visit to the U.S. Wednesday through Sunday, at the invitation of the U.S. Secretary of Defense Mark T. Esper, the Ministry of National Defense informs.Ciuca is set to meet with senior officials of the U.S. Department of Defense and will lay a wreath at the Tomb of the Unknown Soldier in Arlington National Military Cemetery."We will have several meetings in Washington, D.C. with ...

The minister of economy Virgil Popescu on a visit to the US

Thursday, October 8, 2020

The minister of economy Virgil Popescu is paying an official visit to the US, occasion on which he is going to meet the secretary for energy of the US Dan Brouillette and other American high officials.   ‘I wish that after this visit we develop the strategic partnership between Romania and the US on the energy dimension, to put the basis for cooperation in this domain. The US is already a strong ...

Coronavirus case count rises by 2,958 to 142,570, death toll hits 5,203

Thursday, October 8, 2020

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As many as 2,958 new cases of people infected with SARS-CoV-2 have been recorded in Romania since the previous reporting, the Strategic Communication Group (GCS), the official novel coronavirus communication task force, announced on Wednesday.All the new cases involve patients that did not test positive before.Romania's SARS-CoV-2 total case count reached 142,570 on Wednesday. As many as 111,564 persons were declared cured.According ...

HealthMin Tataru urges public to follow COVID-19 health rules

Thursday, October 8, 2020

Health Minister Nelu Tataru on Wednesday again urged the public to follow the COVID-19 health rules, emphasising that the COVID-19 pandemic is not sorted out in hospitals."Let's try at this point, let's call it a crossroad, to re-establish an approach to everything that means following certain rules. The system is the one that will give us the capacity. We, the healthcare professionals, are often asked what the limits would be. We have received 200 patients, ...

Bucharest closes bars, clubs, discos, gambling sites and casinos

Thursday, October 8, 2020

Bucharest Prefect Gheorghe Cojanu announced that the decision was made at today's meeting of the Bucharest City Committee for Emergency Situations (CMBSU) to close bars, clubs and discos in the capital city.In a press statement, Cojanu said that it was also decided to narrow from 100 meters to 50 meters the outer perimeter of educational institutions where mask wearing is mandatory between 7:45 - 21:15 Monday through Friday.CMBSU has also decided ...

Activity of performance halls and concerts, including theaters and cinemas, will be prohibited în Bucharest

Thursday, October 8, 2020

The prefect of the capital, Gheorghe Cojanu, announced on Tuesday that during the meeting of the Bucharest Municipality Committee for Emergency Situations it was decided that, starting Wednesday, restaurants will be able to serve products indoors only for people who benefit from accommodation in hotels or guest houses. Also, the activity of performance halls and concerts, including theaters and cinemas, will be ...

Court rules amendments to Court of Auditors' statutes unconstitutional

Thursday, October 8, 2020

On Wednesday, the Romanian Constitutional Court (CCR) took up constitutionality objections raised by President Klaus Iohannis and the government over a piece of legislation amending and supplementing the statutes of the Court of Auditors."The court has unanimously admitted the constitutionality objection (after commingling the two complaints filed by the President of Romania and the government of Romania) and found that the law amending and supplementing Law ...

Consolidated general budget outstanding debt hits 5.7 pct increase in August 2020

Thursday, October 8, 2020

Consolidated general budget outstanding debt increased by 5.7 pct in the eighth month of the year, from 256.33 million lei in July to 271.1 million lei in August 2020, according to data published on the website of the Ministry of Public Finance (MFP).(1 euro = rd 4.85 lei)Outstanding debt over 90 days increased by 9.3 pct, from 74.7 million lei to 81.7 million lei. At the same time, arrears of more than 120 days increased by 5.7 pct, from 128.6 million ...

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