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OECD invites Romania to become a member of the Statistics Committee

Wednesday, May 29, 2019

The Organization for Economic Cooperation and Development (OECD) has invited Romania to become a member of the Statistics and Statistical Governance Committee through the National Institute of Statistics (INS). The INS is the second national institution invited to join the OECD structures, after the invitation addressed to the Competition Council in 2014. Romania’s accession to the OECD is a strategic objective of the Romanian foreign policy, ...

Macroeconomic Confidence Index goes up in April

Wednesday, May 29, 2019

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The majority of CFA Romania analysts anticipate a decrease of the leu currency, the average value of the anticipations for the six-month horizon being of 4.7859, while for the 12-month horizon the average value of the anticipated exchange rate is 4.8481.The CFA Romania Macroeconomic Confidence Indicator increased in April 2019 compared to the previous month by 11.6 points, up to the value of 46.6 points and compared to April 2018, it declined by 2.9 points, the ...

Statistics: TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD MAY – JULY 2019

Wednesday, May 29, 2019

Manufacturing According to the business tendency survey of May 2019, managers from the manufacturing industry forecast a moderate growth of the production volume (balance +14%) for the next three months. A robust growth is estimated for the manufacturing of beverages (balance +46%), the National Institute of Statistics (INS) informs. Regarding the number of employees, a relative stability is estimated, the balance being +4% ...

Report: Romania in top 10 of countries with highest number of servers  used for DDoS type attacks

Wednesday, May 29, 2019

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Romania is in Top 10 of countries with the highest number of command and control servers used for DdoS type IT attacks, according to a report of Kaspersky Lab, the Russian producer of cyber security solutions released on Tuesday. In Q1, 2019, the number of DdoS attacks grew by 84% compared to Q4, 2018, according to the company. It was a remarkable increase especially for the number of attacks that lasted over an hour, as well as the average duration of ...

PSD's Dragnea sentenced to prison by Supreme Court

Tuesday, May 28, 2019

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The High Court of Cassation and Justice (ICCJ) sentenced Liviu Dragnea to three years and 6 months in prison for instigating to abuse of office in the case of the fictitious hiring at the Teleorman Social Assistance and Child Protection Directorate General (DGASPC).The Supreme Court maintained in the case of PSD (Social Democratic Party, main ruling, ed. n.) leader Liviu Dragnea the sentence enforced by the court of first instance.The conviction ...

PM Dancila is assuming the position of leader of the Social-Democrats

Tuesday, May 28, 2019

The conviction of the Chairman of the Social Democratic Party (PSD, major at rule, ed.n.), Liviu Dragnea, is a "difficult moment" for the party, Prime Minister Viorica Dancila said on Monday, adding that as acting president of the party, according to its statute, she is assuming the position of leader of the Social-Democrats."Regardless of the feelings for Liviu Dragnea, for the PSD, the conviction of the president in office is a difficult moment, as it would be ...

USR to start negotiations for censure motion

Tuesday, May 28, 2019

USR (Save Romania Union - opposition) is set to start negotiations in Parliament, in the upcoming days, to submit a censure motion and it might endorse a non-PSD (Social Democratic Party - at rule) Executive, without actually being part of it, provided that such Executive's objectives are "No Convicts in Public Offices," correction of OUG 114, USR leader, Dan Barna, announced on Monday. "I said yesterday that the legitimate and moral variant for Romania is to ...

BEC - partial results: PNL - 26.35pct, PSD - 23.16pct, USR PLUS Alliance - 21.24pct

Tuesday, May 28, 2019

The National Liberal Party (PNL -opposition) obtained 26.35 percent of the votes in the elections to the European Parliament held on Sunday, whereas the Social Democratic Party (PSD - ruling party) 23.16 percent and the Save Romania Union (USR- opposition) PLUS Alliance 21.24 percent, according to the partial data provided by the Central Electoral Bureau (BEC) on Monday evening.The BEC centralised on Monday by 19:30hrs a number of 6,197,239 ballot papers which ...

President Iohannis: European Romania wins and thieves stay in jail

Tuesday, May 28, 2019

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President Klaus Iohannis on Monday stated that more than 6 million Romanians said "Yes" in the referendum, and that "European, democratic Romania wins, while thieves and criminals stay in jail, not in the government.""More than 6 million Romanians said "Yes" in the referendum that I called for the future of Romania and gave thus a tough lesson to populism, demagogy and the anti-European and anti-justice discourse promoted by the PSD [Social Democratic Party], ...

Angela Cristea: Romanians are profoundly Europeans

Tuesday, May 28, 2019

Head of the European Commission Representation in Romania Angela Cristea welcomed on Monday the highest voter turnout in the elections to the European Parliament in the history of Romania's participation in this voting, mentioning that the vote on Sunday clearly represents a demonstration of the fact that Romanians are profoundly Europeans."We are very happy to notice the highest voter turnout in the European elections in the history of Romania's presence in these ...

President Iohannis attending informal European Council meeting, EPP summit in Brussels

Tuesday, May 28, 2019

President Klaus Iohannis is attending today a summit meeting of the European People's Party (EPP) in Brussels and an informal meeting of the European Council, also in Brussels. According to the official agenda, Iohannis will go to the EPP summit at 14:00hrs, EEST, and to the informal European summit at 19:00hrs, EEST.According to the Presidential Administration, discussions at the informal meeting of the European Council will assess the results of the European ...

Pro-EU parties keep populist rise in check as tough coalition talks begin

Tuesday, May 28, 2019

The conservative European People’s Party once again won the most seats in the European Parliament after EU elections on Sunday (26 May) but will face difficulties building a controlling majority as the Greens, the Liberals and the far-right posted big gains, reflecting growing political polarisation in the 28-country bloc, euractiv.com reads. Greens were the biggest surprise, increasing their number of seats to 67 from 50, thanks to a strong ...

How elections in Romania influence the European Parliament’s structure

Tuesday, May 28, 2019

The European elections in Romania may have an important influence on the structure of European Parliament as the three largest groups will have Romanian members. The projected results for the new European Parliament show significant losses for the two main groups, the centre-right European People’s Party (EPP) and the centre-left Socialists and Democrats (S&D). They remain the largest groups but have lost their ...

IMF Mission to Romania, May 27 - June 7

Tuesday, May 28, 2019

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A staff team of the International Monetary Fund (IMF) led by IMF Head of Mission Jaewoo Lee will be in Bucharest May 27 - June 7.On Monday, an IMF staff team led by Jaewoo Lee began a two-week visit to Bucharest to conduct an annual review of the Romanian economy, known as Article IV consultations. The team will discuss economic developments and policies with Romanian officials. Meetings will be held with officials from the Ministry of Public Finance (MFP), the ...

The United Kingdom – guest of honour country at the Bookfest International Book Fair (29 May – 2 June 2019)

Tuesday, May 28, 2019

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Ten British authors and a Romanian writer living in the UK are coming to Bucharest at the end of May, as special guests of the project “The United Kingdom – guest of honour country at the Bookfest International Book Fair” (29 May – 2 June 2019, Romexpo), joining a programme designed to celebrate diversity in literature. United under the “Culture is GREAT” motto, the 11 writers from England, Wales, Scotland and ...

European Elections2019 - provisional results at 7:50hrs: PNL - 26.79pct, PSD - 23.38pct

Monday, May 27, 2019

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The National Liberal Party (PNL - opposition) won 26.79 percent of the votes in the elections to the European Parliament held on Sunday, whereas the Social Democratic Party (PSD – at rule) 23.38 percent and the Save Romania Union (USR - opposition) PLUS Alliance 21.40 percent, according to the provisional results obtained after the data centralisation from 18,705 polling stations around the country, of a total of 18,730 polling stations. USR-PLUS Alliance 2020 is ...

The referendum and the EU isolation threat

Monday, May 27, 2019

Romania is in a weird position. It is holding the EU Council presidency and at the same time feeling the heat of Article 7, the ‘nuclear option’, for its declining rule of law record. It has no party with a clear anti-EU platform and it lacks the Eurosceptics, but the two parties from the ruling coalition, the socialists (PSD) and liberals (ALDE), both risk expulsion from their European families. Although all major ...

Dancila government under pressure to resign while PSD'S leader Dragnea awaits corruption case verdict

Monday, May 27, 2019

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After suffering a stinging defeat to the National Liberal Party (PNL) – and risking to lose second place to the USR-PLUS Alliance due to voters abroad – Romania’s governing Social Democrats (PSD) may have to make some important changes to their party structure. Furthermore, on Sunday evening, President Klaus Iohannis and opposition parties also called for the Dancila government to resign.  PSD leader Liviu Dragnea held a press ...

PNL will lodge a criminal complaint against the minister of foreign affairs for the way in which the vote abroad was organised

Monday, May 27, 2019

The chairman of the National Liberal Party (PNL) Ludovic Orban says that they will lodge a criminal complaint against the minister of foreign affairs Teodor Melescanu and against those who organised voting in the diaspora, saying that the authorities premeditated to hinder the exertion of right of vote for the Romanians abroad. Orban stated on Sunday in a press conference, that it is outrageous the way the Romanians in the diaspora are humiliated ...

Guy Verhofstadt at the 2020 Alliance rally USR PLUS: We will create a new movement in Europe

Monday, May 27, 2019

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Attending an electoral rally staged by USR-PLUS Alliance 2020 in Izvor Park in Bucharest on Friday, the leader of the ALDE MEPs, Guy Verhofstadt, has announced that after the upcoming European elections a new progressive group will take shape ...

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