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Citu submits candidacy for PNL chair: I enter this race to win, to build, to unite PNL

Monday, August 23, 2021

 Prime Minister Florin Citu has submitted, on Friday, his candidacy to the chairmanship of the National Liberal Party (PNL), stating that he entered the internal race for the party's leadership to build and unite the PNL."An important day for us all, for my colleagues. I started a few months ago with a small, but determined team and I said I am in this race to win, but I also said that I am entering this race to build. And I believe that today it can be ...

COVID-19: Turkey, Greece remain on Romania’s red travel list

Monday, August 23, 2021

The National Committee for Emergency Situations (CNSU) updated on August 19 the list of countries with epidemiological risk. The countries/areas are rated as green, yellow or red, according to their COVID-19 incidence rate.   The new red list includes a total of 45 states/regions. Turkey and Greece, two popular summer destinations for Romanians, are still rated as red ...

Euro reached a new historic maximum against the leu on Friday : 4.9338 lei/euro

Monday, August 23, 2021

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The national currency reached a new historic maximum on Friday against the leu, as the rate calculated by the National Bank of Romania (BNR) was 4.9338 lei/euro, up by 0.60 bani (0.12%) against the previous rate, of 4.9278 lei.The previous record was presented on 14th July when the euro was 4.9283 lei.The dollar appreciated, in its turn, up to 4.2258 lei, up by 1.15 bani (0.27%) as compared to the previous rate, of 4.2143 ...

The depreciation of the leu, due to the volatility on the global markets created by the FED commentaries

Monday, August 23, 2021

The depreciation of the leu against euro is caused by the volatility on the global markets created by the decision of the Federal Reserve (FED) to reduce the monetary stimulus given to the economy, says Adrian Codirlasu, vice-chairman the Association CFA Romania.‘What does this mean? the increase of the interest to the dollar. When the interest grows to the dollar, interests grow everywhere in the world. The exchange rate is connected to the interest ...

The government paid record interests of 8.6 billion lei for the public debt in Q1

Monday, August 23, 2021

The government paid in Q1 record interests of 8.6 billion lei, in the context where the public debt exploded last year, with a budgetary deficit of 102 billion lei, and the state continues with a very high deficit this year as well, which would reach  from 80 billion lei to almost 83 billion lei following the budgetary adjustment, and makes plans for expenditure, such as the National Plan for Investments Anghel Saligny which would have a budget of 50 billion lei ...

Unlock Research: 68% of employees in Romania are interested in opening a business in the next two years

Monday, August 23, 2021

68% of employees in Romania are interested in opening a business in the next two years and 87% of people working as freelancers share the same thought, according to a study conducted by Unlock Research for ING Bank Romania in May 2021. Among the areas of activity in which employees want to become entrepreneurs are: retail (14%), HoReCa (11%), IT (7%) and e-commerce (6%). Freelancers want to make the switch to entrepreneurship in the ...

Another Romanian national evacuated from Afghanistan

Friday, August 20, 2021

A second Romanian national, an employee of a NATO agency, was evacuated from Afghanistan on Thursday night by a Romanian Air Force aircraft, according to the Romanian Foreign Ministry (MAE).The Romanian had already been at the international airport in Kabul, and with him three other citizens of NATO countries were also taken over: a Bulgarian, a British and an American.The Romanian Air Force military aircraft landed at Kabul International Airport ...

ForMin Aurescu discuss bilateral relations, Middle East, Afghanistan with new Palestinian ambassador

Friday, August 20, 2021

Foreign Minister Bogdan Aurescu on Thursday welcomed Issam Tawfiq Masalha, the approved ambassador of Palestine in Bucharest, in order to receive copies of the accreditation letters, hailing the excellent developments in the bilateral relationship and reiterating Romania's growing interest in strengthening sectoral relations with Palestine.The Romanian Foreign Ministry (MAE) reports in a press statement that Aurescu underlined Romania's commitment to ...

The new ambassador of Germany to Romania is Peer Gebauer

Friday, August 20, 2021

   Minister of Foreign Affairs Bogdan Aurescu on Thursday received Peer Gebauer, the agreed ambassador of the Federal Republic of Germany in Romania, who presented copies of his accreditation letters.According to a press release of the MAE sent on Thursday, during the meeting, the head of the Romanian diplomacy and the German ambassador to Bucharest welcomed the excellent level of bilateral relations, of strategic nature, between the two ...

President Iohannis decorates Austrian Ambassador with National Order for Merit

Friday, August 20, 2021

  President Klaus Iohannis has decorated, on Thursday, several personalities, among them, Austria's Ambassador in Bucharest, Isabel Rauscher, who was presented with the National Order for Merit in the rank of Grand Officer."As a sign of appreciation for the important involvement in the development and deepening of bilateral relations between Romania and the Republic of Austria, President Klaus Iohannis granted the National Order for Merit in the ...

450K anti-COVID vaccine doses, humanitarian aid for Republic of Korea

Friday, August 20, 2021

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The Government has approved, in its Thursday sitting, a decision regarding the granting of humanitarian aid, to the Republic of Korea, consisting of 450,000 doses of Moderna anti-COVID-19 vaccine.According to a release of the Health Ministry, transport will be ensured, depending on a case-by-case scenario by the Korean side or by the Ministry of Transport and Infrastructure, through TAROM National Company, and will be coordinated by the Ministry of Internal ...

Ludovic Orban officially submits candidacy for PNL chairmanship, professes goal to restore party's prestige

Friday, August 20, 2021

Chairman of the National Liberal Party (PNL) Ludovic Orban Thursday officially submitted his candidacy for a new term at the party's helm, pointing out on the occasion that his goal is to regain the Romanians' trust in the party, to restore the formation's prestige, increase the governmental performance, ensure the cohesion of the governing coalition and its ability to implement the Executive's program."Today I officially submitted my candidacy for a new ...

PM Citu: First task of the FinMin is keeping gov't deficit below 7.16% throughout the year

Friday, August 20, 2021

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Prime Minister Florin Citu said on Thursday that the first task he set for the new Minister of Finance, Dan Vilceanu, is keeping the government deficit below 7.16% until the end of the year, adding that he will not accept tax increases during his tenure."I've completed the handover of the ministerial portfolio after 45 days of being the interim finance minister. As I said when I took over, I stayed here for almost 45 days. Some of the things that were ...

"Anghel Saligny" Investment Plan to be discussed by gov't next week, at the latest

Friday, August 20, 2021

Prime Minister Florin Citu said that the "Anghel Saligny" National Investment Plan will be discussed by the Government "next week, at the latest," after obtaining the necessary approvals."I don't know if it will be discussed, if it has the approvals, if not, we will discuss it next week, at the latest. Let's call it, as it is now called, the ''Anghel Saligny" National Investment Plan, which is a plan for Romanians, and I would like to say again that it has ...

Government approves ratification of IBRD loan of 100 million euros to build and rehabilitate 55 schools

Friday, August 20, 2021

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Sorin Campeanu, the minister of education, announced that the Executive approved on Thursday, the bill on the ratification of the Loan Accord with the International Bank for ...

65,458 companies set up and 4,545 entered insolvency

Friday, August 20, 2021

65,458 companies were set up in the first 7 months of 2021, of which 4,545 entered insolvency and 26,034 were unregistered, according to an analysis made by Termene.ro. “In the first 7 months of 2021, 65,458 companies were set up, 4,545 entered insolvency and 26,034 were unregistered. Most companies recently set up are in the Bucharest-Ilfov area (17,627 companies), followed by North West with 8,993 companies and North-East with 7,349,”according to a ...

Romania's black market in tobacco down to 7.7pct of total consumption in July 2021

Friday, August 20, 2021

 Romania's black market in tobacco declined 2.5 percentage points in July 2021 from May, to 7.7% of total consumption, according to data with Novel Research.According to the Novel Market study, in July, the largest decrease in the illicit cigarette trade was reported in the regions Sud-Vest (almost 6 pp, to 5.7%), Nord-Vest (minus 5.4 pp, to 9.2%) and Vest (minus 5.1 pp, to 8%)."Although in significant decline (minus 5.1 pp), the region of ...

States of mind in Romania study: anger, down 10pct, May-July, 2021

Friday, August 20, 2021

 Romanians' level of anger decreased by 10% from May to July 2021 to its lowest 2021, with the trend being associated with an increase in relaxation and calm, as well as motivation, show findings of a specialist study released on Thursday.According to the findings of Reveal Marketing Research, social relations define 35% of Romanians, especially in the case of modern families with children who position themselves in the category of unity and ...

Romania sends 142 more firemen to Greece to help extinguish fires

Friday, August 20, 2021

Prime Minister Florin Citu informs that a new unit of 142 firemen is going to leave for Greece on Friday to help extinguish the fires."Greece needs help again! I have informed President Klaus Iohannis and we have decided together with the Minister of Interior to send 142 firemen to help Greece extinguish its forest fires. Our firemen's mission starts tomorrow! Good luck and have a safe return!," the PM wrote on his Facebook page on Thursday ...

World-renowned jazz, blues performers expected at Brasov Jazz & Blues Festival, September 2-5

Friday, August 20, 2021

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World-renowned jazz and blues performers are part of the line-up of the 9th edition of the Brasov Jazz & Blues Festival that will take place September 2-5."This is a special edition of the festival that brings to fruition the concept of a complete music festival. The festival's bill of plays feature concerts by with internationally acclaimed bands as well as local bands, creative workshops and masterclasses in musical themes, outdoor film screenings, ...

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