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President Iohannis to attend EU-Gulf Cooperation Council Summit, European Council meeting
Wednesday, October 16, 2024
Romania's President Klaus Iohannis will travel to Brussels to participate on Wednesday in a EU-Gulf Cooperation Council Summit and a European Council meeting scheduled for October 17 and 18, according to the Romanian Presidential Administration.Featuring on the agenda of the European Council meeting are Ukraine, the situation in the Middle East, EU competitiveness, migration, foreign affairs, as well as the Republic of Moldova.The European leaders ...
PNL's Ciuca to attend EPP meeting that will dwell on new migration policy
Wednesday, October 16, 2024
The resident of the National Liberal Party (PNL), Nicolae Ciuca, will participate on Thursday in the meeting of the European People's Party (EPP), during which the new policy on migration and asylum in the European Union will be discussed.The PNL leader declared on Tuesday, during a press conference held in Horodnic de Sus, Suceava county, that EPP members could enter the process of analysis and decision regarding a possible distribution of migrants to Romania as ...
Parliament sends Defense Ministry preliminary approval decision for purchase of 44 amphibious assault vehicles
Wednesday, October 16, 2024
The standing bureaus of the two Chambers of the Parliament decided, on Tuesday, to send the Ministry of National Defense (MApN) the preliminary approval decision for the initiation of the procedure for awarding the purchase contracts for 44 amphibious assault vehicles type AAV-7.The MApN requested that Parliament grant, in line with legal procedures, the preliminary approval to start the procedures for awarding the purchase contract for the 44 amphibious ...
Presidential candidate Geoana invites opponent Ciolacu to "one on one" debate on October 19
Wednesday, October 16, 2024
The independent presidential candidate Mircea Geoana invited social-democrat (PSD) leader Marcel Ciolacu to a "one on one" debate on Saturday, at the Grand Hotel Bucharest."Today I want to make a public appeal to my opponent, Marcel Ciolacu. We know that the polls show us in the first places. I know that you have a strong party behind you, but I cannot help but notice that the skills to lead our nation are lacking. In a healthy democracy, debate is essential, and I believe ...
Survey: Ciolacu, Simion Advance To Presidential Runoff
Wednesday, October 16, 2024
Marcel Ciolacu and George Simion would enter the second round of the presidential elections, if voting were held next Sunday, according to a Verifield survey, commissioned by USR. Nicolae Ciuca is in sixth place, being surpassed by Cristian Diaconescu, the survey data show. Regarding the parliamentary elections, PSD is in first place, followed by AUR and USR. The president of the PSD, Marcel Ciolacu, leads the list of voting intentions in ...
Nicusor Dan summoned General Council to decide on organizing referendum
Wednesday, October 16, 2024
Nicusor Dan, the General Mayor of Bucharest summoned a meeting of the General Council of Bucharest to decide on the opportunity to organize a local referendum. The agenda of the October 21 meeting there will be the two projects to consult the Capital, the general mayor wrote on Facebook on Tuesday. “If these decisions are approved by general councillors the referendum will be held on November 24, at the same time with the ...
EC endorses preliminary assessment of Romania's third payment request under Recovery, Resilience Facility
Wednesday, October 16, 2024
The European Commission (EC) on Tuesday endorsed a positive preliminary assessment of the six targets and 62 out of 68 milestones linked to Romania's third payment request for EUR 2 billion (net of pre-financing) under the Recovery and Resilience Facility, the centrepiece of NextGenerationEU.The commission found that six milestones have not been fulfilled at this stage: reforms of the governance of state-owned enterprises; investments in transport, and a reform of the tax ...
Liberal Ciuca asks PM Ciolacu to explain how is Romania going to recover money under Resilience Plan
Wednesday, October 16, 2024
PNL (National Liberal Party- partner în ruling coalition) leader Nicolae Ciuca on Tuesday evening asked prime minister Marcel Ciolacu "to immediately explain how is Romania going to recover the approximately 1.1 billion euros is about to lose under the National Recovery and Resilience Plan (PNRR)."I've seen the answer from the European Commission for payment request no. 3 under PNRR. What the Commission tells us today is not at all what Mr. Ciolacu told us publicly ...
Romania's EBRD capital subscription increases by EUR 19.36 million
Wednesday, October 16, 2024
President Klaus Iohannis on Tuesday promulgated a law that provides for an increase in Romania's capital subscription in the European Bank for Reconstruction and Development by 1,936 shares worth EUR 19,360,000.The paid-up capital of EUR 19,360,000 is paid starting with 2025 by bank transfer in euros in equal annual instalments until April 30, 2029.Romania has been a member of the EBRD since 1991.According to the explanatory memorandum of the law ...
ING Bank report: Romania's GDP could double in next ten years
Wednesday, October 16, 2024
Romania could enter the top ten economies of the European Union (EU), and in the next ten years the Gross Domestic Product (GDP) could reach 700 billion euros, thirty times more than in 1994, according to forecasts ING Bank Romania published on Tuesday.The report entitled ?30 x 30. 30 years of transformation. 30 years of ING' reveals that, over the next decade, Romania's average economic growth rate will be between 3% and 3.5% per year, as well as a similar average ...
Romania, EU country where industrial output grew in August against July
Wednesday, October 16, 2024
Industrial output in EU and the euro zone grew in August 2024, compared to July 2024, and Romania is a member cuntry where industrial output grew from one month to the other, according to data released on Tuesday by Eurostat. According to those data, in August, compared to July grew by1.8% in the euro zone and by 1.2% in EU. Romania is among member countries where industrial output grew by 1.2%. The biggest increases of industrial output were ...
Cluj County, Galati city and Bucharest Sector 6 - awardees of 6th edition of
Wednesday, October 16, 2024
Cluj County, Galati city and Bucharest Sector 6 are the winners of the 6th edition of the "Sustainable Cities" competition organized by the French Embassy in Romania in partnership with the French Chamber of Commerce and Industry in Romania (CCIFER), the French Institute, and Business France, a release informs on Tuesday.The winners of the 2024 edition were announced on Monday, in a ceremony that saw French ambassador to Romania Nicolas Warnery, the jury chaired by ...
Study: Craving, the main reason why Romanians love snacks between meals (65%)
Wednesday, October 16, 2024
The latest study conducted by Reveal Marketing Research aimed to provide a detailed analysis of Romanians’ habits and preferences regarding snack consumption between meals, a common dietary behavior in their daily lives. 39% of Romanians regularly consume snacks between meals on a daily basis, while 41% opt for them several ...
ForMin Odobescu: Military support solution for Ukraine from immobilized Russian assets, until the end of October
Tuesday, October 15, 2024
Romania supports the need to find a solution by the end of October for the military support measures for Ukraine financed from the profits from the administration of Russia's immobilized funds, the Minister of Foreign Affairs, Luminita Odobescu declared, on Monday after that participated in the meeting of the Foreign Affairs Council (FAC) in Luxembourg."Regarding Russia's aggression against Ukraine, I reiterated, first of all, the need for a strong message from the European ...
Humanitarian actions to support civilians in Gaza to continue, ForMin Odobescu says
Tuesday, October 15, 2024
The Minister of Foreign Affairs, Luminita Odobescu, declared on Monday, after attending the Foreign Affairs Council meeting in Luxembourg, that Romania's humanitarian actions to support civilians in Gaza will continue in the next period."Regarding the developments in the Middle East, I expressed concern about the increasing volatility of the security situation that we see even in these days or hours. For Romania, it is extremely important to reach the end of hostilities ...
"Rebuilding Ukraine" forum on Monday and Tuesday in Bucharest
Tuesday, October 15, 2024
Romania will continue to provide emergency energy resources to Ukraine, but there is a problem of capacity and interconnectivity, because Europe, through its network of energy operators, has an export capacity to Ukraine of only 1, 7 GW, said Adrian Bazavan, advisor for international relations to the Minister of Energy, at a specialized event."Ukraine needs short-term emergency aid and long-term aid to rebuild a more resilient energy system. When we talk about rebuilding ...
Military exercise on Sfantu Gheorghe stretch of Danube
Tuesday, October 15, 2024
Military ships belonging to the River Navy Fleet are participating, starting from Monday, on the Sfantu Gheorghe stretch of the Danube, in training activities in which they use weapons and live ammunition, reads a piece of news made public on the Facebook account of the Sfantu Gheorghe commune.Ten military ships are participating in the exercise that will end on October 19, the military activities having a permit issued by the Administration of the Danube Delta ...
Current account deficit up almost 30pct, to EUR 17,858 million
Tuesday, October 15, 2024
In January - August 2024, the balance-of-payments current account posted a deficit of EUR 17,858 million, compared with EUR 13,830 million in January - August 2023, the National Bank of Romania (BNR) informs in a press release on Monday.The breakdown shows that the deficit on trade in goods widened by EUR 2,634 million, the surplus on services fell by EUR 863 million, the primary income deficit increased by EUR 979 million, while the secondary income surplus grew by EUR 448 ...
Consolidated general budget arrears increased by 18.6% in August 2024
Tuesday, October 15, 2024
Consolidated general budget arrears increased by 18.6% in August 2024 compared to the previous month, to RON 552.1 million, from RON 465.5 million in July, according to data published on the Finance Ministry (MF) website. The arrears of over 90 days increased by 49.7% from 116.7 million lei to 174.8 million lei and those of over 120 days increased by 8.5% from 279.6 million lei in July 2024 to 303.5 million lei in August 2024. The arrears of over 360 days ...
Gov't borrows RON 604 million on Monday off commercial banks
Tuesday, October 15, 2024
The Ministry of Finance (MF) on Monday borrowed RON 604.1 off commercial banks in an issue of benchmark bonds of a residual maturity of 31 months and an average yield of 6.22% per annum, according to data published by the National Bank of Romania (BNR).The nominal value of Monday's issue was RON 700 million, and the banks offered RON 624.1 million.An additional auction is scheduled for Tuesday to borrow another RON 105 million at the yield set on Monday for the ...