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Eurostat: Almost 30pc of young Romanians in work, still exposed to poverty

Wednesday, January 23, 2019

Almost one third (28.2%) of the young people from Romania, aged from 18 to 24, who were in employment in 2017, were exposed to poverty risk, being the highest percentage in the European Union, as against a European average of 11%, read the latest Eurostat statistics released on Tuesday. In 2017 the proportion of young people aged 18-24 in work and at risk of poverty in the European Union (EU) was estimated to be 11.0 %, 1.1 percentage points. The ...

Over 100 companies at Romanian-Greek Business Forum at CCIB

Wednesday, January 23, 2019

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The Bucharest Chamber of Trade and Industry (CCIB), the Office for Economic and Commercial Business at the Greek Embassy in Romania and the Bilateral Greek-Romanian Chamber of Trade organized the Forum “Romanian-Greek Business Partnership”, on the occasion of the visit in Romania of two Greek economic missions, one organized by the Serres Chamber of Trade and Industry and North Events company including companies from other areas of the ...

President Iohannis to participate today in French-German cooperation,integration treaty signing ceremony in Aachen

Tuesday, January 22, 2019

President Klaus Iohannis will participate in Aachen, Germany, on Tuesday, in the signing ceremony of the French-German cooperation and integration treaty, at the invitation of German Chancellor Angela Merkel and his French counterpart Emmanuel Macron.According to the Presidential Administration, on the sidelines of his visit to Germany, the head of state will also carry out a meeting with the Romanian servicemen who are deployed ar the NATO military base in ...

Premier Viorica Dancila will have a meeting on Wednesday with Secretary General NATO Jens Stoltenberg

Tuesday, January 22, 2019

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Premier Viorica Dancila will have on Wednesday at the NATO headquarters a meeting with the secretary general of the North-Atlantic Alliance Jens Stoltenberg, announced on Monday the government. Later the two will have a joined press conference. ‘Premier Viorica Dancila will have on Wednesday 23 January 2019 at the NATO headquarters in Brussels a meeting with the secretary general of the North- Atlantic Alliance Jens Stoltenberg’ the ...

Turkey-EU summit due in early March

Tuesday, January 22, 2019

* Romanian top diplomat says no date fixed yet for summit but working on it According to aa.com.tr, Romanian Foreign Minister Teodor Melescanu said Monday în Brussels that they were working to organize a summit between Turkey and the European Union to be held in Bucharest in early March. Romania is currently heading the EU's rotating presidency.  Speaking to Anadolu Agency in ...

Romanian Presidency of the EU Council will organize in Bucharest February 28 to March 1, a conference on 'Facing Hybrid Threats

Tuesday, January 22, 2019

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Minister of Foreign Affairs Teodor Melescanu attended on Monday the meeting of the Foreign Affairs Council (FAC) in Brussels; the combat of disinformation, EU - League of Arab States cooperation and the relationship of the EU with the Association of Southeast Asian Nations were among the subjects discussed, the Foreign Ministry said in a release. The Romanian Foreign Minister presented the meeting the main subjects in Romania's attention during its tenure of ...

PM sends new letter to President Iohannis: I have the exclusive right to choose ministers

Tuesday, January 22, 2019

PM Viorica Dancila has sent a new letter to President Klaus Iohannis today, asking him to appoint her proposals for the vacant ministries, Olguta Vasilescu for the Regional Development and Mircea Draghici for the Transports portfolio, romaniajournal.ro informs. Dancila argues that she has the exclusive right to appreciate and to choose the people who are proposed to be part of the Government. The premier’s letter comes after the head of state had ...

Commissioner Cretu : EU funding conditional on rule of law in line with 'zero tolerance to fraud' principle

Tuesday, January 22, 2019

Linking EU funding to the observance of the rule of law has sparked an entire debate in the Commission and the European Parliament and answers the principle of zero tolerance to fraud, European Commissioner for Regional Policy Corina Cretu said on Monday in Bucharest."There has been an entire debate within the Commission and the European Parliament about tying European funds to the rule of law. A decision will be taken in the Council. I think this answers this ...

JusMin Toader: Prosecutors will be able to challenge acquitals issued by five-judge panels illegally established, based on OUG

Tuesday, January 22, 2019

Justice Minister Tudorel Toader stated on Monday that the prosecutors dissatisfied with the acquittal decisions issued by the five-judge panels with the High Court of Cassation and Justice (ICCJ) that were illegally established will be able to appeal based on the emergency ordinance (OUG) prepared by the ministry, not just the people who have been given a final conviction. "We have prepared a draft emergency ordinance for the restoration of all ...

The European Commission, about Laura Codruta Kovesi’s running for the position of European head prosecutor: selection made by an independent commission

Tuesday, January 22, 2019

The European Commission replied , at the request of MEDIAFAX, that the selection procedure for the European head prosecutor is underway, underlying the fact that the EU executive is not involved in this activity which is made by an independent commission, in the context of the information regarding Laura Codruta Kovesi’s candidature. The Mediafax news agency formulated a request to the European Commissiion Office in the context of the information ...

BNR's Adrian Vasilescu reminds the fact that the foreign currency market is influenced by political decisions as well

Tuesday, January 22, 2019

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The foreign currency market is influenced by political declarations as well besides the long lasting causes  such as the economic ones which lead to the increase of the exchange rate of the national currency, stated Adrian Vasilescu, adviser of the BNR governor on Monday at DigiTV. The exchange rate leu/euro reached on Monday a new historic maximu, of 4.7081 lei as a result of the increase of 0.23% against Friday, this being the fifth day in a row ...

Euro trades at 4.7081 lei on Monday

Tuesday, January 22, 2019

The exchange rate of the national leu currency resulting from the quotations announced on Monday by the banks authorised to operate on the currency market is as follows:CURRENCY SYMBOL RON1 Euro EUR 4.70811 US dollar USD 4.13771 Swiss franc CHF 4.15011 British pound GBP 5.3199100 Japanese yen JPY 3.7743 1 Moldovan leu MDL 0.24081 Russian rouble RUB 0.06231 new Turkish lira TRY 0.77391 Chinese renminbi CNY ...

The ministry of finances drew on Monday 110 million lei from the bansk for a yield of 4.73% per year

Tuesday, January 22, 2019

The ministry of public finances (MFP)  borrowed on Monday 110 million lei from the banks through an emission  of bonds with maturity at 65 months for an average yield of 4.73% per year according to the data sent by the BNR.The nominal value of the emission on Monday was 400 million lei and the banks subscribed 241 million lei.On Tuesday there is programmed a supplementary bid through which the state wants to draw another 60 million lei at the ...

Estonia, Luxembourg, Bulgaria, the Czech Republic and Romania, the lowest level of government debt in the EU

Tuesday, January 22, 2019

At the end of the third quarter of 2018, the government debt to GDP ratio in the euro area (EA19) stood at 86.1%, compared with 86.3% at the end of the second quarter of 2018. In the EU28, the ratio decreased from 81.0% to 80.8%. Compared with the third quarter of 2017, the government debt to GDP ratio fell in both the euro area (from 88.2% to 86.1%) and the EU28 (from 82.5% to 80.8%). At the end of the third quarter of 2018, debt securities accounted ...

Eurostat: Romania recorded the largest government deficit in the EU in Q3 2018

Tuesday, January 22, 2019

In the third quarter of 2018, the seasonally adjusted general government deficit to GDP ratio stood at 0.5% in the euro area (EA19), an increase compared with 0.3% in the second quarter of 2018. In the EU28, the deficit to GDP ratio stood at 0.6%, an increase compared with 0.4% in the previous quarter. These data are released by Eurostat, the statistical office of the European Union. Government revenue and expenditure for the euro area and ...

PM Dancile paied a working visit to Israel and met the Israeli PM, Benjamin Netanyahu

Monday, January 21, 2019

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Prime Minister Viorica Dancila, who paied a working visit to Israel, on Friday had a meeting with the Israeli PM, Benjamin Netanyahu, among other things discussing the organisation of a joint meeting of the two countries' governments, in the first part of this year.The two high officials hailed the excellent relations existing between the two countries, which is also reflected in the frequency of bilateral contacts at high level. In this respect, they also ...

Alan  Duncan sent that irrespective of the end of the Brexit,the rights of the Romanian citizens of the UK will be observed

Monday, January 21, 2019

The state minister for Europe and America of the UK Sir Alan  Duncan sent to the minister for European Affairs George Ciamba that irrespective of the final of Brexit the rights of the Romanian citizens from the UK will be observed according to a press release of the MFA of Romania. According to the quoted source George Ciamba had on Friday a phone conversation with sir Alan Duncan at the request of the British ...

Ambassador Cord Meier-Klodt: forces in the country continue to consider as appropriate the discreditation of the role of the German minority

Monday, January 21, 2019

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The ambassador of Germany to Romania Cord Meier-Klodt  considers that some forces in the country continue to consider as appropriate the discreditation of  the role of the German minority in Romania,mentioning that it is about ‘individual voices’ who do not represent the opinion of the majority of the population. Ambassador Cord Meier-Klodt, said on Saturday at the symposium "Saxons' Adhesion Decision to the Union with Romania 100 ...

EU defence political directors' meeting to prepare the Informal Meeting of Defense Ministers from the EU, 30 and 31 January in Bucharest

Monday, January 21, 2019

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A meeting of political directors from the defense ministries of the EU member states took place on Thursday and Friday in Bucharest, in the context of Romania's exercise of the Presidency at the Council of the European Union, having on the agenda of discussions important topics related to the security and defense of the European Union. According to the MApN, the meeting in Bucharest - which was attended by representatives of the 28 EU Member States, ...

300 St. Andrew Force Protection Battalion concludes its training for deployment to Afghanistan

Monday, January 21, 2019

The 300 St. Andrew Force Protection Battalion concluded its last stage of training at the National Joint Training Centre Getica, in Cincu, following next to be deployed in the Afghanistan theatre of operations, informs a press release on Monday sent by the Naval Forces Staff (SMFN). At the National Joint Training Centre "Getica", in Cincu, the troops of the 300 St. Andrew Force Protection Battalion, among whom 60 infantry men from the 207 Marine Infantry ...

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