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The law according to which those who cheat the taxes get away with a fine if they pay the damage completely  promulgated

Thursday, April 1, 2021

President Klaus Iohannis promulgated on Wednesday the document regarding the amendment and completion of law no.241/2005 for the prevention and combating of fiscal evasion, informs the Presidential Administration.   The draft law initiated by the former PSD deputy Catalin Radulescu includes the fact that those who  are indicted for fiscal evasion up to 100,000 euro,do not have to be imprisoned if ...

BNR: Trimestrial reference index for loans granted to consumers goes down to 1.67% per year

Thursday, April 1, 2021

The reference index for consumer loans, regulated by OUG 19/2019 is of 1.67% per year, being calculated as an arithmetic average of daily interest loans of inter-banking transactions of the 4th trimester of 2020, dropping from the one published three months ago, of 1.88%, according to the data announced by the National Bank of Romania (BNR).According to OUG 19/2019, "for loans granted in the national currency, the interest will be composed of a reference ...

Euro reached a new historic maximum on Wednesday: the exchange rate presented by BNR;4.9251 lei/euro

Thursday, April 1, 2021

The leu depreciated on Wednesday by 0.95 bani against the euro (0.19%) the European currency reaching a new historic maximum, as the exchange rate calculated by the BNR is 4.9251 lei/euro.BNR quoted on Tuesday euro at 4.9156 lei.Similarly, the leu lost ground against the American dollar, which reached 4.1969 lei, up by 0.93 bani ( 0.22%) against the exchange rate on Tuesday,namely 4.1876 lei/dollar.The national currency depreciated ...

Romgaz submits binding offer to buy ExxonMobil's stake in Black Sea deep-water gas project

Thursday, April 1, 2021

  The Romgaz Board of Directors approved the company's binding offer to acquire Exxon's stake in the Black Sea deep-water gas project, Romgaz informed in a release to the Bucharest Stock Exchange on Wednesday."Having regard to the letter sent by ExxonMobil Upstream Business Development on February 15, 2021 stating that the final date by which interested buyers are invited to submit binding offers is March 31, 2021, the Board of Directors of the ...

President Iohannis: Violent manifestations, extremism, xenophobia, intolerable and completely unacceptable

Wednesday, March 31, 2021

President Klaus Iohannis says protests are natural in functional democracies, but stresses that violent demonstrations, extremism, xenophobia are intolerable and completely unacceptable."Romania is a functional and mature democracy, in which the free expression of opinions is guaranteed. Freedom of thought cannot be obstructed, we all have the right to an opinion and the right to express ourselves publicly. This is a non-negotiable principle and the ...

188 heard over Monday evening COVID-19 protest in Bucharest as 12 gendarmes injured

Wednesday, March 31, 2021

As many as 188 people have been taken to police stations after a protest rally on Monday evening in Bucharest, head of the Bucharest General Police Directorate Bogdan Berechet said on Tuesday.      Bucharest Gendarmerie Director General Ionel-Catalin Stegaroiu specified that 12 gendarmes were injured, three of whom had to go to the hospital, but they did not require special care or ...

Romania to receive over 3.3 ml doses of COVID vaccine in April, 5 ml-plus to follow in May and June

Wednesday, March 31, 2021

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Andrei Baciu, deputy chairman of the National COVID Vaccination Coordination Committee, announced today that Romania will receive in April over 3.3 million doses of COVID-19 vaccine and shipments amounting to 5 million-plus doses will follow in May and June."Nothing has changed regarding the BioNTech/Pfizer delivery schedule for April compared to last time, so there will be 511,290 doses every week in April, a little more in the last week, up to a total of ...

Romania's ForMin Aurescu, US counterpart Blinken had a phone call

Wednesday, March 31, 2021

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Romania's Foreign Minister Bogdan Aurescu and US Secretary of State Antony Blinken had a telephone conversation on Tuesday in which they discussed Romania's contribution to NATO, energy security and the rule of law."During the conversation, the importance of coordination with partners who share the same values and strategic priorities was emphasised, as well as the need to promote democracy and the rule of law, including by strengthening strategic resilience ...

Diplomat Lazar Comanescu, new Secretary General of Black Sea Economic Cooperation Organization

Wednesday, March 31, 2021

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  The Romanian diplomat Lazar Comanescu received the position of Secretary General of the Organization of the Black Sea Economic Cooperation (BSEC), the Minister of Foreign Affairs Bogdan Aurescu said, adding that this nomination represents "a success for the Romanian diplomacy"."I welcome with satisfaction today the position received by Romania, of Secretary General of the Organization of the Black Sea Economic Cooperation, in the person of ...

EUR 150,000 in financial support for Syrian refugees on behalf of Romanian Government

Wednesday, March 31, 2021

 Foreign Affairs Minister Bogdan Aurescu announced that the Romanian Government, through the Ministry of Foreign Affairs (MAE), will provide 150,000 euros in financial support for the Syrian refugees in 2021 and will honour previous multi-annual commitments.Aurescu has had an intervention on Tuesday at the ministerial session of the 5th Conference on supporting the future of Syria and the region (Brussels V Conference), organized by the European Union ...

Labor, Interior Ministers sign cooperation protocol on protection of Romanian seasonal workers abroad

Wednesday, March 31, 2021

Minister of the Interior Lucian Bode and Labor Minister Raluca Turcan signed on Tuesday a cooperation protocol aimed at informing and protecting Romanian seasonal workers who take jobs abroad.The Ministry of the Interior said in a release that the Romanian Police, the Romanian Gendarmerie, the Border Police and the National Anti-Trafficking Agency will conduct joint activities with the legal entities that carry out labor intermediation and foreign placement ...

Energy minister: Romgaz will present offer for purchase of Exxon Black Sea package 

Wednesday, March 31, 2021

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Romgaz will present on Wednesday an offer for the purchase of the package held by Exxon in the Black Sea, said the minister of energy, Virgil Popescu in a News.ro video conference – Energy Road, 4th edition, with the theme “Energy at home”. He also declared that the amendment of the Offshore Law will be approved until the end of this parliamentary session, pointing out that he wanted a political consensus in Parliament “broader than coalition ...

Electricity Law rewritten with EBRD assistance, Natural Gas Law to be upgraded

Wednesday, March 31, 2021

The Electricity Law is being rewritten under a consultancy program, with the help of the European Bank for Reconstruction and Development (EBRD), and the Romanian authorities are in talks with the World Bank for support for upgrading the Natural Gas Law, Secretary of state with the Energy Ministry Niculae Havrilet told a specialist video conference today."We have wind and solar energy opportunities, both onshore and offshore, with important possibilities to ...

Romania had 5.128 mln pensioners at end-2020; average monthly pension - 1,500 lei

Wednesday, March 31, 2021

  In 2020: ? the average number of pensioners was 5128 thousands persons, decreasing with 29 thousands persons as against of the previous year; average number of state social insurance pensioners was 4675 thousands persons increasing with 3 thousands persons as against of the previous year; ? the average monthly pension (is determined based on all amounts of ...

LESS JOB VACANCIES IN 2020

Wednesday, March 31, 2021

- In 2020, the average annual number of job vacancies was 37.7 thousand, decreasing by 16.1 thousand as against the previous year.   - The average annual job vacancy rate1 was 0.77%, decreasing by 0.32 percentage points as against the previous year.   In 2020, the highest values of the average annual job vacancy ...

Analysis: Pandemic remodeled benefit industry in 2020: food tickets, gifts, tourism, medical services and pensions

Wednesday, March 31, 2021

The pandemic remodeled benefit industry in 2020, so that employees chose digital benefits and solutions offering them additional safety. According to an annual Benefit analysis, an Edenred company, the producer of cards, tickets and solutions for extra-salary benefits, the most wanted benefits in 2020 were food tickets, gifts, tourism, medical services and private pensions.    “Food tickets, ...

Statistics: : 3.1pct growth in the number of building permits for residential buildings, in February

Wednesday, March 31, 2021

The number of building permits issued for residential buildings increased by 3.1 per cent in February compared to the same month in 2020, but the total usable area decreased by 4.9 per cent, according to data published on Tuesday by the National Institute of Statistics ( INS).By area, the increase in the number of building permits issued for residential buildings, in the reference period, was reflected in the following development regions: South-Muntenia ...

Gov't: No restriction-easing measures for the next period

Tuesday, March 30, 2021

The government said on Monday that contrary to public rumor that cites government sources, no restriction-easing measures will be taken in the near future."We mention that these measures are tailored according to the infection incidence rate of each locality through a mechanism that is presented publicly, and lifting them is contingent on the decrease in the virus spread in the respective locality. As regards the outlook that measures allowing certain ...

PM Citu: Romanians are free to protest as long as they don't break the law

Tuesday, March 30, 2021

Prime Minister Florin Citu on Monday stated that Romanians are free to protest as long as they do not violate the legislation in force, adding that the new measures taken to limit the spread of SARS-CoV-2 were triggered by the fact that hospitals are "very crowded.""Romanians are free to protest as long as they do not violate the in force legislation. (...) We have the right to have an opinion in Romania, even if we have different opinions. For me, it is ...

MapN: 1.5 tonnes of sanitary protection equipment, flown to Moldova by military aircraft

Tuesday, March 30, 2021

A C-27 J Spartan aircraft of the Romanian Air Force is carrying out on Monday an international humanitarian assistance mission in support of the Republic of Moldova, in the context of the COVID-19 pandemic, for the transport of 1.5 tonnes of sanitary protection equipment, a Ministry of National Defence (MApN) release informs.The mission is carried out at the request of the Supreme Command of the Allied Forces in Europe.According to the Ministry ...

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