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FinMin Nazare, European officials discuss Romania's prospects for economic growth in 2021

Friday, May 14, 2021

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On a working visit to Brussels, Romania's Finance Minister Alexandru Nazare discussed with senior European officials Romania's economic growth prospects for 2021, narrowing its government deficit to below 3% of GDP by 2024 and introducing new measures to boost the economy under the SURE Instrument.According to a press statement released by the Finance Ministry on Thursday, also discussed at the meetings was the internal ratification of a decision on own ...

Annual inflation rate rises to 3.2% in April

Friday, May 14, 2021

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The annual inflation rate rose to 3.2% in April this year, from 3.1% in March, given that the price of non-food goods rose by 5.21%, food goods by 0.76%, and services by 2.61%, according to data published on Thursday by the National Institute of Statistics (INS)."Consumer prices in April 2021, compared to March 2021, increased by 0.5%. The inflation rate at the beginning of the year (April 2021 compared to December 2020) is 2.6%. The annual inflation rate in ...

New orders in processing industry increase 7% in Q1

Friday, May 14, 2021

New orders in the processing industry increased overall in the first quarter of this year by 7% compared to the same period in 2020, according to data released on Thursday by the National Institute of Statistics (INS).This increase was due to advances in the durable goods industry (+23.5%), the intermediate goods industry (+12.8%) and the capital goods industry (+5.7%). The current goods industry decreased by 13.5%.In March 2021, compared to the ...

Industrial turnover, up almost 17pct in March 2021 from February

Friday, May 14, 2021

Romania's total industrial turnover, domestic and non-domestic, increased in nominal value in March 2021, by 16.7% on a monthly basis, and by 21.7% y-o-y, the National Institute of Statistics (INS) reported on Thursday.January 1 - March 31, 2021, the country's industrial turnover in the industry, domestic and non-domestic, was up increased by 6.9% in nominal terms y-o-y.The March 2021 industrial turnover, increased overall by 16.7%, on increases ...

INDUSTRIAL PRODUCTION IN MARCH 2021

Friday, May 14, 2021

? In March 2021, industrial production increased by 13.0% as gross series compared to the previous month and was up 0.7% as series adjusted by number of working days and seasonality. ? Compared to the same month of the previous year, industrial production rose by 13.4% as gross series and was up 13.1% as series adjusted by number of working days and seasonality. ? In the ...

Average net nominal earnings rise 5.4% in March from previous month

Friday, May 14, 2021

- In March 2021, the average gross nominal earnings were 5785 lei, with 288 lei (+5.2%) higher than the one registered in February 2021. - The average net nominal earnings were 3547 lei, increasing as against the previous month with 182 lei (+5.4%). - The highest values of the average net nominal earnings were recorded in computer programming, consultancy and related ...

Survey: 45% of Romanians will change jobs after pandemic

Friday, May 14, 2021

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The first thing 45% of Romanians will do after pandemic is to change their jobs. IT specialists are the most confident in finding available positions, followed by specialists and trained workers, according to an opinion poll made by an online recruiting website. According to eJobs Romania, 14.5% of respondents do not plan any changes, 11% want to follow a professional re-conversion process, and 9% consider leaving the ...

EY survey: digital home services boom fuels anxiety around well-being and data privacy

Friday, May 14, 2021

41% of respondents are more concerned about the impact of the internet on well-being than they were before the COVID-19 pandemic Digital fatigue drives 47% to seek downtime from internet-enabled devices 42% believe they pay too much for content, as ...

EnviMin Barna Tanczos: National home appliances trade-in program starts on May 14

Friday, May 14, 2021

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This year's round of the home appliances trade-in program will begin on May 14 with the registration of the applicants and from May 21 they can start purchasing new equipment in exchange of the old items, Minister of Environment, Waters and Forests Barna Tanczos told a press conference."This year's budget is 75 million lei and we expect a very large number of applicants, over 200,000, to register for nine product categories: washing machines, dishwashers, ...

Marian Vanghelie, sentenced to 11 years and 8 months in prison for corruption, decision not final

Friday, May 14, 2021

Former Social Democrat mayor of Bucharest’s district 5 has been sentenced to 11 years and 8 months in prison in a corruption file where he is charged with bribe taking and abuse of office. The ruling has been pronounced by the Bucharest Tribunal after a trial that lasted six years.   The ruling is not final though and it can be challenged to the Supreme ...

Romania to attend 17th edition of the International Architecture Exhibition - la Biennale di Venezia

Friday, May 14, 2021

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Romania will attend the 17th edition of the International Architecture Exhibition - la Biennale di Venezia, the Romanian Pavilion of the Giardini della Biennale to host, on Friday, May 21, starting 17:30, the Fading Borders exhibition.The Fading Borders project, authored by Irina Melita, Stefan Simion, Cristi Badescu, Stefania Hirleata and Radu Tirca from the POSTER architecture bureau was declared winner following a national selection contest organized in ...

President Iohannis, Ukrainian counterpart Zelensky discuss situation in region

Thursday, May 13, 2021

 President Klaus Iohannis had, on Wednesday, a phone call with his Ukrainian counterpart, Volodymyr Zelensky, at the request of the Ukrainian dignitary, about the worrying security situation in the region, but also on the status and perspectives of the bilateral relation between Romania and Ukraine."The President of Romania reiterated the firm support for the sovereignty of Ukraine and its territorial integrity, as well as for its European and ...

 Strengthening Romanian-Polish Strategic Partnership highlights states' special relationship, commitment to contribute to regional security

Thursday, May 13, 2021

  The further strengthening of Romania's Strategic Partnership with Poland highlights the special relationship and firm commitment to contribute to regional security, says President Klaus Iohannis in a message conveyed on Wednesday at the international Conference "One People, Two Flags" dedicated to the centennial of the Romanian - Polish defensive alliance held at the Romanian Embassy in the Republic of Poland.The head of the state recalls that ...

MAE condems the airstrikes launched in Gaza, aiming at civilian inhabited areas in Israel

Thursday, May 13, 2021

The Ministry of Foreign Affairs (MAE) follows closely the evolution of the situation in Israel and condemns the airstrikes launched from Gaza aiming at civilian areas in Israel.    ‘MAE profoundly regrets the loss  of lives among the civilians, as such events should be avoided at all costs. These evolutions have the potential of worsening the security in the region, with the avoidance of supplementary ...

ForMin Aurescu, Greek counterpart to host informal EU meeting featuring guests from Albania, North Macedonia

Thursday, May 13, 2021

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Romania's Foreign Minister Bogdan Aurescu and his Greek counterpart Nikos Dendias co-chair today an informal videoconference of EU foreign ministers featuring their counterpart from Albania Olta Xhacka, and from North Macedonia Bujar Osmani.Also attending will be officials of European institutions: European Commissioner for Neighbourhood and Enlargement Oliver Varhelyi, and EU Special Representative for the Belgrade-Pristina Dialogue and other western Balkan ...

Foreign Minister Aurescu: Deveselu anti-ballistic missile system, a Romanian-US contribution to NATO's collective defense

Thursday, May 13, 2021

Today's conference titled Romania and NATO's Ballistic Missile Defense System - a Transatlantic Strategic Contribution to Euro-Atlantic Security was a "particularly important" moment, marking five years since the becoming operational of the Deveselu-based missile defense facility that represents a Romanian-American contribution to NATO's collective defense, Foreign Minister Bogdan Aurescu said on Wednesday."Today was a particularly important moment, as we ...

ForMin Aurescu, on Russian Federation decision of expelling Romanian diplomat: A mirrored response reaction

Thursday, May 13, 2021

The Minister of Foreign Affairs, Bogdan Aurescu, declared on Wednesday that "there is nothing special" in the Russian Federation's decision of declaring the deputy of the military attaché within the Romanian embassy in the Russian Federation a persona non grata, mentioning that "sometimes this type of mirrored reaction response is used in diplomacy"."There is nothing special regarding this decision from the Russian Federation, it is a decision which ...

PM Citu reconfirmed, in meeting with Valdis Dombrovskis, Gov't objective to ensure post-pandemic sustainable economic growth

Thursday, May 13, 2021

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Prime Minister Florin Citu reconfirmed, during the meeting he had with Valdis Dombrovskis, Executive Vice-President of the European Commission, on Wednesday, in Brussels, the Romanian Government's objective to ensure a post-pandemic economic relaunch and a sustainable economic growth, with emphasis on "reforms and investments.""Reforms and investments, that's what I insisted on! An excellent discussion with Valdis Dombrovskis, Executive Vice-President of the ...

PM Citu voices gratitude to CE after PNRR meeting with Executive VP Margrethe Vestager

Thursday, May 13, 2021

 Prime Minister Florin Citu, speaking after his discussion on Wednesday, in Brussels, with European Commission Executive Vice-President Margrethe Vestager on Romania's priorities set out in the National Recovery and Resilience Plan (PNRR), declared himself "grateful" to the European Commission for the offered "support, guidance and cooperation"."I had a detailed discussion with EC Executive Vice-President Margrethe Vestager on Romania's priorities under ...

Deputy PM Barna: DLAF blames me for how three beneficiary recruitment forms were filled out

Thursday, May 13, 2021

   Deputy Prime Minister Dan Barna says he has gotten from the media information in connection with the control note of Romania's Anti-Fraud Department (DLAF) and that according to it, he is blamed for the fact that in what regards three recruitment forms, the filling in was not done "face to face", but subsequently."The conclusions part, at least the one that has reached me, refers to, as far as I am concerned, only this activity of three ...

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