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Avangarde poll: Ciolacu and Ciuca, on the first place in the top of the trust

Friday, April 22, 2022

The last Avangarde poll commissioned by PSD, in April, places Marcel Ciolacu on the same place as Prime Minister Nicolae Ciuca in terms of trust – 31%. USR leader ...

State aid for investment in economy worth initially 1 M euro, approved by gov't

Friday, April 22, 2022

The government approved on Thursday the state aid scheme from which investment in the economy will benefit, the initial value of which will be at least 1 million euros, Prime Minister Nicolae Ciuca said."Therefore, we continue to develop all the regulatory elements, to take all the necessary measures at the level of the Government, so that these measures enter into force as soon as possible and produce effects as we have assumed," Ciuca said at the beginning ...

Eurostat: Inflation in Romania exceeded EU average in March

Friday, April 22, 2022

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The annual inflation rate in EU went up in March to 7.8%, from 6.2% in February, member countries with the highest rates being Lithuania (15.6%), Estonia (14.8%), Czech Republic (11.9%), the Netherlands (11.7%), Latvia (11.5%), Bulgaria (10.5%), Poland (10.2%), Spain (9.8%) and Romania (9.6%), according to data published by Eurostat on Thursday.   In comparison to the February 2022 situation, the annual ...

FinMin Caciu on inflation: There will be two or three more complicated months

Friday, April 22, 2022

 Inflation in Romania has risen faster than expected, and there will be two or three more complicated months, while the solution to this inflationary outbreak will be higher production, higher supply, Finance Minister Adrian Caciu told a news briefing on Thursday at the end of a government sitting."In the 'Support for Romania' package there is also a scheme for voluntary increase in the minimum wage, which will have a multiplier effect on the income of ...

Finance Minister maintains forecast that nominal GDP to be at least at level at which budget was built

Friday, April 22, 2022

  Minister of Finance Adrian Caciu said on Thursday that he maintains his forecast that this year's nominal GDP will be at least at the level at which the budget was built and considers that the 4 percent target can be reached this year, if the calendar is respected.The draft budget for 2022 was set at an economic growth of 4.6 percent."Economic growth is the real growth from which the deflator is reduced or simply said, domestic ...

EU Funds Minister: Romania's social and economic package to get 9 bln RON in European funding

Friday, April 22, 2022

Acting Minister of European Investments and Projects Marcel Bolos declared on Thursday that nine billion RON out of the 17.3 billion RON required for the implementation of the "Support for Romania" social and economic package come from European funds."There are nine billion RON earmarked in European funding, out of the 17.3 billion RON package. This amount comes in three ways. The first is that related to the price adjustments for ongoing financing contracts ...

Romania submits candidacy for 8th term of office at ITU Council

Friday, April 22, 2022

   Romania has submitted its candidacy for the eighth consecutive term of office at the Council of the International Telecommunication Union (ITU), the National Communications Regulation and Administration Authority (ANCOM) said on Thursday.Elections to the council will take place in the first part of the 21st edition of the ITU Plenipotentiary Conference (PP-22), which will take place in Bucharest, at the Parliament House, September 26 - ...

Construction works volume goes up by 8.4pct, during first two months of 2022

Friday, April 22, 2022

- In February 2022, the volume of construction works increased, as gross series, by 30.9% compared to January 2022 and was up 1.2% as adjusted series according to the number of working days and to seasonality. - In February 2022, the volume of construction works rose, as gross series, by 7.7% compared to February 2021 and was up 4.6% as adjusted series according to the number of working days and to ...

Officially, Tinutul Buzaului becomes UNESCO Global Geopark

Friday, April 22, 2022

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"Tinutul Buzaului" (Buzau Land) on Thursday officially received the title of UNESCO Global Geopark, being recognized as a territory with natural and cultural values of global importance."Buzau Land" thus became the second geopark in Romania included in the Global Geoparks Network (GGN), after "Hateg Country".The ceremony took place during an online event attended by, among others, representatives of seven other geoparks from Brazil, Finland, ...

Brasov Visit Ticket allows in access to 11 cultural attractions in Brasov County

Friday, April 22, 2022

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Tourists, as well as Brasov residents, can buy online a tourist ticket that allows visit to the museums of the city and the two emblematic places of worship of Brasov - Biserica Neagra and Biserica Sf. Nicolae, the Brasov County Council and officials of the museums included in the offering told a news conference on Thursday.Four months after its launch in a printed form, the Brasov Visit Ticket (BVT), will be available for purchase online only, on the ...

Romania, Bulgaria to continue co-ordinating efforts to provide humanitarian support to Ukraine

Thursday, April 21, 2022

Romania's President Klaus Iohannis had a phone conversation with his Bulgarian counterpart Rumen Radev on Wednesday about the situation in Ukraine."I had a very good conversation with President of Bulgaria Rumen Radev on the extremely worrying security situation in Ukraine and Black Sea. Romania and Bulgaria will continue to coordinate their efforts to provide consistent humanitarian support to Ukraine and the refugees," Iohannis wrote on ...

DefMin Dincu: We talk only about humanitarian support for Ukraine, not weapons

Thursday, April 21, 2022

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  The Minister of National Defense, Vasile Dincu, declared on Wednesday in Cluj that, at least for the time being, the support that Romania gives to Ukraine is only humanitarian, not military, with weapons."We are not talking about weapons at the moment. As the prime minister said yesterday in a statement, at the moment we are focused on humanitarian aid," Vasile Dincu told a news conference, answering questions from journalists.He ...

PM Ciuca shuts down rumours of Ukrainian soldiers training in Romania

Thursday, April 21, 2022

In Oradea on Wednesday, Romanian Prime Minister Nicolae Ciuca shot down rumours of Ukrainian soldiers training in Romania, urging the Romanians to be "very careful where they get their information," considering that there is a very complicated security situation going on and there is a lot of fake news.He was asked about recent allegations by a Russian state official according to which many Romanian mercenaries are fighting in Ukraine."So, there ...

Over 750,000 Ukrainians enter Romania since start of conflict

Thursday, April 21, 2022

The General Inspectorate of the Border Police (IGPF) informs on Wednesday, that since the conflict began in the neighboring country, over 750,000 Ukrainian citizens have entered Romania.On Tuesday, during the 24 hour interval, nationwide, 88,586 persons entered Romania through border crossing points, including 7,348 Ukrainian citizens (going up by 11.2% from the previous day).4,371 Ukrainian citizens have entered Romania through the border with ...

Twenty associations, public bodies set up special centre for Ukraine refugees in Arad

Thursday, April 21, 2022

   Twenty associations and public bodies have set up a special facility in Arad for Ukraine refugees, where the refugees receive guidance on accommodation, medical and legal assistance, psychological counselling while receiving many other services they might need."There is now a centre in Arad dedicated to Ukraine refugees as a result of collaboration between the civil society and the city hall, the Social Assistance Directorate, the ...

Chamber of Deputies adopted  the Law on tax reduction for stock market investors

Thursday, April 21, 2022

The Chamber of Deputies, the decision-making forum, adopted today, April 20, the legislative proposal to simplify the taxation of investors in the capital market. Of the 264 deputies present, 213 voted in favor, other votes were: 46 abstention and 5 against.   The bill provides for withholding tax on capital gains for individual investors to be retained at source, with two tax levels, i.e. 1% for holdings ...

Bucharest City Hall completes municipal bond issuance of 555 million RON

Thursday, April 21, 2022

BucharestCity Hall has completed municipal bond issuance of 555 million RON, General Mayor Nicusor Dan announced on Wednesday, stating that there are a total of 21 investors."The issue has been oversubscribed more than twice, the total amount of bids being 1.2 billion RON. This means that, after months of hard work (which unfortunately is not very visible), we have regained the confidence of the financial market. I bring to mind that in 2020 , the Capital ...

About 55 pct of employees expect Easter bonus this year

Thursday, April 21, 2022

About 55 percent of employees expect to receive an Easter bonus from their employer and almost half of them hope it is in cash, found a survey by online recruitment platform BestJobs.For one in five employees this extra amount is essential for Easter shopping.According to the survey, 47 percent of the respondents hope that the Easter bonus is in cash, while another 10 percent expect to receive gift cards or vouchers, and 4 percent expect baskets ...

Food items hit hardest by price increases in first

Thursday, April 21, 2022

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  The first "pandemic-free" Easter in the past two years is marked by a purchasing power eroded by inflation, which has reached a two-figure number for the first time in the past 18 years.Given the conditions of a war not far from the border, Romania is not facing food shortages, but it remains to be seen how full the Easter table will be after food items were hit hardest by price increases in the recent period.The chairman of the ...

Employment rate of working age population is 61.9% in 2021

Thursday, April 21, 2022

- In 2021, the employment rate** for population aged 20-64 years was 67.1%, increasing by 1.9 percentage points as compared to the previous year. - In 2021, the economically active population of Romania was 8214 thousand persons, out of which 7755 thousand were employed persons and 459 thousand were unemployed persons.   The employment rate of the ...

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