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Gov't debt reaches 47.8pct of GDP in end-January 2021

Monday, March 29, 2021

Government debt totalled more than 503.6 billion lei at the end of the first month of this year, 47.8pct of the GDP respectively, compared to 498.35 billion lei (47.3pct of GDP) at the end of 2020, according to data centralized by the Ministry of Finance (MF).Of this, 14.5 billion lei represents the short-term debt, and the rest the medium and long-term debt.Most of this debt, respectively 424.77 billion lei, was represented by government ...

Metro protest: Police, prosecutors investigate failure to provide transport services

Monday, March 29, 2021

  The Capital Police announced on Friday that it has launched investigations, under the supervision of prosecutors, regarding the metro strike inception by the organisers in violation of the legal provisions, not providing transport services at least at a third of the normal activity."The Municipality of Bucharest Police Directorate General, under the supervision of the Prosecutor's Office attached to the District 4 Court, launched ...

Employment rate drops to 65.8 pct in Q4 2020

Monday, March 29, 2021

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   The employment rate for Romania's working age population (15 - 64 years) in Q4 2020 was 65.8 percent, down 0.2 percentage points from the previous quarter, shows data released on Friday by the National Institute of Statistics (INS).The employment rate was higher for men (75.0 percent compared to 56.3 percent for female employment), as was the urban employment rate (67.7 percent compared to 63.5 percent in rural areas). The employment ...

Best Jobs: over 18,000 jobs were presented in March

Monday, March 29, 2021

The employers presented over 18,000 workplaces in March, most of them in such domains as sales, IT and Telecom, financial-accountancy, engineering and constructions shows a report made by the site BestJobs.   At the other hand, the domains of education, judicial and HORECA had the fewest work places available in March – only 780 workplaces at national level. As ...

Dacia launched pre-orders for its first electric model Spring

Monday, March 29, 2021

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Dacia has launched pre-orders for its first electric model Spring on March 20, saying that almost 6,000 Romanians have registered to buy the car.   The first clients will get their vehicles in September, but others will be able to have them in the first months of 2022 due to the uncertain semiconductor situation prompted by the coronavirus pandemic. Dacia has opened ...

Survey: Romanian clients perceive their experience with companies without any distinctive leaders

Monday, March 29, 2021

  Romanian consumers perceive their experience with companies as flat, without any distinctive leaders, according to a McKinsey survey scanning six sectors (grocery retail, telecom, utilities, banking, insurance, and healthcare)   The results of the survey show the Retail sector scores the highest at 8.8/10, while the Utility sector the lowest at ...

Iohannis at the European Council meeting: EU, in difficult situation due to COVID-19 pandemic

Friday, March 26, 2021

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President Klaus Iohannis attended the European Council meeting in video conference format on Thursday, in which he made an appeal to European leaders for the defence, consolidation and unity of the European Union, stressing that it is in a difficult situation due to the COVID-19 pandemic, informs a release of the Presidential Administration..With regard to the mechanism for the distribution of vaccines in the Union, President Iohannis has called for ...

Gov't adopted several decisions to reduce COVID pandemic

Friday, March 26, 2021

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 Prime Minister Florin Citu announced on Thursday, at the end of the Government's meeting, that the Executive has adopted several decisions that will help reduce the COVID-19 pandemic."This week we had several meetings - with the Association of County Councils, with Bucharest's sector mayors and the mayor general. Today we had a meeting with all the religious cults in Romania. (...) Today, in the Government's meeting, we made some decisions which will ...

162,000 doses of Moderna vaccine to arrive in Romania on Friday

Friday, March 26, 2021

A new batch of 162,000 doses of Moderna vaccine will arrive in Romania on Friday, by land, the National COVID Vaccination Coordination Committee (CNCAV) announces.According to a press release, the vaccine doses will be distributed as follows on Friday:* Bucharest National Storage Center - 112,300 doses;* Brasov Regional Storage Center - 4,500 doses;* Cluj Regional Storage Center - 9,000 doses;* Constanta ...

ForMin Aurescu to pay official visit to Slovenia on Friday

Friday, March 26, 2021

The Minister of Foreign Affairs, Bogdan Aurescu, will pay an official visit to the Republic of Slovenia on Friday, at the invitation of his counterpart, Anze Logar, the Ministry of Foreign Affairs (MAE) informed.According to a press release MAE sent on Thursday, the head of Romanian diplomacy will be welcomed by the Slovenian President, Borut Pahor, will have a meeting with the president of the National Assembly, Igor Zorcic, and will have a round of ...

DefMin Ciuca meets Chief of Spain's Defence Staff

Friday, March 26, 2021

 The Minister of National Defence, Nicolae Ciuca, had an official meeting on Thursday, at the Ministry of Defence (MApN)'s headquarters, with the Chief of the Defence Staff of the Kingdom of Spain, Admiral Teodoro Esteban Lopez Calderon, who is visiting Romania.According to a press release, the main topics of discussion were the stage of the Romanian-Spanish cooperation relationship in the defence field and current security issues on the North Atlantic ...

F-16 Fighting Falcon aircraft brought to Romania to complete 53rd Squadron of Romanian Air Force

Friday, March 26, 2021

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An F-16 Fighting Falcon aircraft that completes the 53rd Squadron arrived from Portugal at the 86th Air Base on Thursday evening, the Ministry of National Defence (MApN) informs on its official Facebook page.The F-16 Fighting Falcon completes the list of purchases of fighter aircraft for the Romanian Air Force, states the quoted source.The Ministry of National Defence reminds that the multi-role aircraft program started in 2014 "out of the need ...

This year, the National Day of Hellenic Republic marks 200 years since the beginning of the 1821 Revolution

Friday, March 26, 2021

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The Greeks are distinguished by patriotism, says Ambassador of Greece in Bucharest Sofia Grammata, who emphasizes that the Greek people are very proud of their history."The great Greek diaspora, from around the world, maintains strong ties with Greece, with its customs and traditions. We, the Greeks, are very proud of our history, even if, sometimes we judge those who exercise political power in our country, the love for our country, blessed by beauty, ...

ForMin Aurescu meets AMRO head Stewart, discusses regional strategic projects Rail2Sea, Via Carpathia

Friday, March 26, 2021

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The Minister of Foreign Affairs, Bogdan Aurescu, on Thursday welcomed Eric Stewart, the head of the Romanian-American Business Council (AMRO), on the occasion of the visit that an AMRO delegation is carrying out in Romania, the two discussing regional strategic projects, informed the Ministry of Foreign Affairs, in a press release. Henry Homans, Vice President of AMRO, also attended the meeting.During the meeting, they discussed concrete ways of promoting ...

CFA Romania estimates that the economic impact of coronavirus will be felt until quarter 2, 2022

Friday, March 26, 2021

The Macroeconomic Confidence Indicator of CFA Romania Association remained constant compared to the previous month at the level of 55.7 points and analysts estimate that the economic impact of coronavirus will be felt until quarter 2, 2022.   “The Macroeconomic Confidence Indicator of CFA Romania remained constant compared to the previous month at the level of 55.7 points (the indicator grew by 7.2 ...

New Home 2021 programme starts this Friday

Friday, March 26, 2021

Financing of New Home programme starting on Friday will receive applications for this year's edition of the programme, the National Guarantee Fund of Credits for Small and Medium-sized Enterprises (FNGCIMM), in a press release on Thursday.The government approved the guarantee ceiling of the New Home 2021 programme, worth 1.5 billion lei and the Ministry of Finance on Wednesday cut down the administration commission, from 0.40pct to a level of 0.30pct of the ...

Young people without experience and entry level, most applications for a job in February

Friday, March 26, 2021

Candidates without experience and those from entry level category (0-2 years of experience) are professional categories which recorded, in February, the highest increases of the average number of applications for jobs, compared to last year, according to an analysis made by representatives of an online recruiting platform.   Thus, the two segments of candidates cumulated about 500,000 applications in the ...

Study on Romanian parents’ perception regarding children's education

Friday, March 26, 2021

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One-third of parents believe that traditional education prepares children insufficiently for life.   44% of parents consider entrepreneurship to be an area of interest for their children. One-third of parents believe that traditional education prepares a child for life to a small and very small ...

Study: Romanians devote more time to cooking; 66% improved cooking abilities in past year

Friday, March 26, 2021

Over 66% of Romanians have improved their cooking abilities in the past year, and a household spends about 20 hours per week to cook food, which means an increase of 46% compared to the previous year, a study made by Mastercard shows.   Beyond its practical aspect, cooking revealed the wish to have a more healthy life style (64%), to learn new abilities (57%) and to spend more quality time with loved ...

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