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Starting July 1st 2021, the technical unemployment will no longer be supported from the state budget

Thursday, July 1, 2021

As of July 1st, the technical unemployment indemnities will no longer be reimbursed from the state budget and employers who wish to apply the technical unemployment measure must cover the indemnities from their own budgets, according to ONV LAW’s analysis. The facility has been successively extended since the pandemic outbreak and the last term which allows the economic environment the possibility to benefit from the budgetary state support is 30.06.2021, according to OUG ...

Over 15,500 SMEs have applied on imminvest.ro platform since start of year

Thursday, July 1, 2021

  Over 15,500 small and medium-sized enterprises have applied since the beginning of 2021 on the imminvest.ro platform, the value of the extended guarantees representing 37% of the total plan allocated for this year, according to the Minister of Finance, Alexandru Nazare."Over 15,500 SMEs have applied on the imminvest.ro platform since the beginning of this year. In the first 69 days after the operationalization of the SME INVEST program, the participating SMEs ...

Study: 62 pct of Romanians dream to move to countryside, in coming years; essential condition - good Internet connection

Thursday, July 1, 2021

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Nearly two thirds of Romanians (62 pct) living in the urban environment could move to the countryside, in the next one or two years, but the number one condition to make this step is a good internet connection, show the results of the Vodafone Institute's Digitising Europe Pulse survey published on Wednesday.The same research reveals the fact that 59 pct of the responders stated that the pandemic influenced or changed their opinion regarding the perspective of living at the ...

Activity of libraries and museums, severely affected last year during the pandemic

Thursday, July 1, 2021

The activity of cultural-artistic units was strongly influenced by the health crisis last year, when museums had twice as few visitors and libraries released less than half of the usual number of volumes, informs a press release of the National Institute of Statistics sent on Wednesday.In 2020, the activity of the cultural-artistic units was strongly influenced by the emergence and evolution of the COVID-19 pandemic and by the measures taken by the central and local ...

52.2 pct increase in number of construction authorizations for residential buildings, in May

Thursday, July 1, 2021

The number of construction authorizations issued for residential buildings increased by 52.2 pct in May, compared to the same month of 2020, but decreased by 0.4 pct over the previous month, shows the data published on Wednesday by the National Institute for Statistics (INS).Thus, in May 2021 an increase may be observed in the number of construction authorizations issued for residential buildings (+52.2 pct) as well as of the total usable surface (+40.6 pct), compared to ...

Motion of no-confidence, defeated

Wednesday, June 30, 2021

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A motion of no-confidence tabled by the opposition Social Democratic Party (PSD) and called "Failed Romania: The 'fabulous' record of the Citu government" was defeated on Tuesday at a joint plenary sitting of Parliament.The total number of MPs who voted for the motion was 202, of which 201 voted "for" and one "against".In order for the motion to succeed, 234 ayes would have been needed, which is half plus one of the total number of ...

PNL leader Orban: There is no reason to discuss reshuffle today

Wednesday, June 30, 2021

Chairman of the National Liberal Party (PNL) Ludovic Orban said on Tuesday that "there is no reason to discuss reshuffle today", reiterating that he is satisfied with the work of the Liberal ministers, and "there is an additional act, a procedure to be followed" within the coalition."In my view, there is no reason to discuss reshuffle today. As for me, as chairman of the PNL, I am satisfied with the work of the Liberal ministers. As a general rule, to ...

President Klaus Iohannis had a meeting with the ambassadors of the EU member states accredited to Romania

Wednesday, June 30, 2021

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President Klaus Iohannis on Tuesday said that the way out of the economic crisis will not be achieved through austerity measures, but through investments.On Tuesday, President Klaus Iohannis had a meeting with the ambassadors of the European Union member states accredited to Romania at the Athenee Palace Hotel."We also discussed how the EU sees the overcoming of the economic crisis and in this context I would say something that I think is both ...

President Iohannis meets ambassadors of Iran, Saudi Arabia and Nigeria

Wednesday, June 30, 2021

President Klaus Iohannis on Tuesday received, at the Cotroceni Presidential Palace, the Ambassador of the Islamic Republic of Iran, Sayed Hossein Sadat Meidani, the Ambassador of the Kingdom of Saudi Arabia, Mohammed Abdulghani Mohammed Khayat, and the Ambassador of the Federal Republic of Nigeria, Safi Nuhu.According to the Presidential Administration, during his meeting with the Iranian ambassador, President Iohannis underscored the importance of ...

CCR: Renate Weber resumes her Ombudsman capacity

Wednesday, June 30, 2021

 Romania's Constitutional Court (CCR) ruled on Tuesday that it is unconstitutional to remove Renate Weber from the position of Ombudsman, and that she will resume her position after the decision was published in the Official Journal.According to a CCR release, in Tuesday's meeting, the Constitutional Court, unanimously, admitted the notification formulated by the Social Democratic Party (PSD) parliamentary groups in the Senate and the Chamber of ...

Renate Weber files suit against Parliament after being revoked as Ombudsman

Wednesday, June 30, 2021

Renate Weber filed suit against the Chamber of Deputies and the Senate, calling on the judges of the Bucharest Court of Appeal to annul Parliament's decision whereby she was revoked from the leadership of the Ombudsman institution.The first term of the trial will take place on Friday, July 2.The request was registered with the 9th Administrative Litigation Section of the Bucharest Court of Appeal on June 17 and has as object "the annulment of the ...

EBRD significantly increases, to 6 pct, growth forecasts for Romanian economy in 2021

Wednesday, June 30, 2021

The European Bank for Reconstruction and Development (EBRD) has significantly improved its estimates of Romania's economic performance in 2021, forecasting a 6 percent increase this year, compared to a 3 percent advance as estimated in September last year, shows a report published on Tuesday by the international financial institution.According to the EBRD, the three countries in Southeastern Europe (Romania, Bulgaria and Greece) were seriously affected by ...

Analysis: Romanian economy is on a positive path

Wednesday, June 30, 2021

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Romanian economy is on a positive path and the pandemic year, with its negative effects will be more rapidly surpassed than initial estimates, a Moneycorp analysis shows, the largest payment institution in Europe, according to which inflation will continue to represent a challenge throughout 2021.   Moneycorp Romania warns, in a new report from the Moneycorp Business Outlook series, that the temperate ...

Citu: We no longer National Local Development Program; in National Investment Company we have projects of 7bn lei

Wednesday, June 30, 2021

Prime Minister Florin Citu said on Tuesday that projects worth 7 billion lei had been submitted through the National Investment Company (CNI).He was asked about a possible National Local Development Program 3 (PNDL 3), worth 40 billion lei, announced by PNL chairman Ludovic Orban, for next year."I am talking about what we have today in CNI. I work with data. In CNI we already have projects of 7 billion lei and we start from here. (...)", Citu ...

Patrick Griffin: Romania will have the latest version of Patriot defense system this year

Wednesday, June 30, 2021

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Romania will receive the latest version of the American Patriot air defense system Patriot, Patrick Griffin, program manager of Patriot missile system in Romania, within Raytheon Missiles and Defense company.   Romania has now a Patriot target system which the American company delivered in September 2020.   At the same time, Romania will ...

Deloitte’s report “Building credible climate commitments – a roadmap to earning stakeholder trust”

Wednesday, June 30, 2021

Climate change risk is an increasingly significant driver in investment models and has been cited by almost 90% of institutional investors as the most significant ESG (environmental, social, governance) factor influencing their decisions to invest in a company, according to Deloitte’s ...

Parliament debates and votes on the censure motion against the Citu Government submitted by PSD

Tuesday, June 29, 2021

On Tuesday, the Parliament debates and votes on the censure motion against the Citu Government submitted by PSD and entitled "Failed Romania. The 'fantastic' record of the Citu Government".    National leader of the opposition Social Democratic Party (PSD) Marcel Ciolacu said that on Tuesday, all the Social Democrat MP will attend a debate and vote on the motion of no-confidence, and for the motion ...

INSCOP poll: Over 59% of Romanians would go for nationalist party supporting traditional family

Tuesday, June 29, 2021

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More than 59% of the respondents to an INSCOP poll would vote for a nationalist party that promotes religious values and supports the traditional family, however, about two-thirds would not support such a party if it promoted Romania's withdrawal from the European Union, the rapprochement with Russia or the restriction of the national minorities' rights.The opinion poll "Public distrust: West vs. East, the rise of the nationalist current in the age of ...

Georgia's Chief of Defence Matiashvili visiting Romania

Tuesday, June 29, 2021

Romania's Defence Minister Nicolae Ciuca and Romania's Chief of Defence Daniel Petrescu on Monday welcomed Georgia's Chief of Staff Giorgi Matiashvili at the headquarters of the Ministry of Defence (MApN).The Georgian military official is visiting Romania through Tuesday at the invitation Petrescu.In their conversations, the three officials underscored the importance of the Romanian-Georgian military relationships and the progress made by Georgia ...

Romania sells anti-COVID vaccine to several countries; for Denmark - one million doses

Tuesday, June 29, 2021

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Prime Minister Florin Citu said on Monday that Romania sells anti-COVID-19 vaccine to several countries, with Denmark to receive one million doses.He was asked about the doses of anti-COVID-19 vaccine that are about to expire."We have these statistics. Some of the doses were exported. Not of those that were going to expire now on the 30th, maybe and of those that were going to expire now on the 30th, but there is an analysis of all of them, we ...

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