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Post-Brexit Romanian-British collaboration, discussed by Anca Dragu, Andrew Noble

Friday, January 15, 2021

The President of the Senate, Anca Dragu, received on Thursday, during a presentation visit, the Ambassador of the United Kingdom of Great Britain and Northern Ireland to Romania, Andrew Noble, among the topics addressed being the post-Brexit Romanian-British collaboration in political, economic, financial, social and cultural areas."In the political field, the sides agreed on the need to boost dialogue, especially in terms of bilateral parliamentary ...

Romanian aircraft, radars join Prime Accord exercise

Friday, January 15, 2021

Four F-16 Fighting Falcon aircraft of the 86th Borcea Air Base, two F-16 aircraft, one unmanned aircraft and two air refuelling aircraft of the USAFE United States Air Forces in Europe participated in the Prime Accord multinational air exercise on Thursday, according to a press statement released by the National Defence Ministry (MApN).The exercise included escort and combat air patrol missions, and it was coordinated by the Air Operations Component of the ...

ForMin Aurescu met the new ambassador of Japan in Bucharest, Hiroshi Ueda, on a presentation visit

Friday, January 15, 2021

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The Minister of Foreign Affairs, Bogdan Aurescu, along with Hiroshi Ueda, the new ambassador of Japan to Bucharest, who is on a presentation visit, reviewed the main points of the bilateral agenda, said the Ministry of Foreign Affairs (MAE), in a press release.The two dignitaries noticed the ...

PM Citu: We will repeal Law regarding alienation of state owned shares of national companies

Friday, January 15, 2021

Prime Minister Florin Citu announced on Thursday that the Law regarding the alienation of state-owned shares in national companies will be repealed, as a signal for the capital market, in the sense of attracting new foreign investments in Romania."This is not about alienating shares, is it about attracting capital in Romania. This is what we are doing, we are capitalizing these companies. We do not have enough resources in our budget to capitalize all these ...

Annual inflation rate stable at 2.1 oct in December

Friday, January 15, 2021

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The annual inflation rate remained stable at 2.1% in December last year as food prices rose by 3.24%, services by 2.69%, and non-food goods by 1.01%, according to data published on Thursday by the National Institute of Statistics (INS)."Consumer prices in December 2020, compared to December 2019, increased by 2.1%. The annual rate calculated on the basis of the harmonized index of consumer prices (HICP) is 1.8%. The average rate of consumer prices in the ...

Potatoes, fuels and air transport services, highest increases in prices in December

Friday, January 15, 2021

  Potatoes, fuels and air transport services saw the highest increases in prices in December compared to November, while more substantial price decreases were recorded in thermal energy, citric and other meridional fruits as well as water, sewerage and sanitation services.According to data from the National Institute of Statistics (INS), released on Thursday, the price of potatoes rose in December by 2.46% compared to the previous month, but ...

Industry businesses drop by 7.6% during first 11 months of 2020

Friday, January 15, 2021

The industry turnover, in nominal terms, has dropped by 7.6% during the first 11 months of the previous year, as opposed to the similar period of 2019, the decline being generated by the extractive industry, which shrunk by 12.1% and the processing industry (-7.5%), according to the data published on Thursday by the National Institute of Statistics (INS)."In November 2020, the industry turnover, per total (internal and external market), in nominal terms, ...

Jan - Nov 2020 new manufacturing orders down 5.5 pct YoY

Friday, January 15, 2021

New orders for Romania's manufacturing industry over January - November 2020 were 5.5 percent down from the same period of 2019, shows data released on Thursday by the National Institute of Statistics (INS).The FMCG industry fell 11.7 percent, the capital goods industry suffered a 5.8-percent setback and the intermediate goods industry went down by 5.7 percent. However, the durables industry advanced 20.3 percent.Year-on-year, new orders in the ...

DNA: Former PSD leader Liviu Dragnea accused of influence paddling in new case

Friday, January 15, 2021

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Former chairman of the PSD (Social Democratic Party) Liviu Dragnea is facing a new investigation, as the National Anti-corruption Directorate (DNA) has initiated criminal proceedings against him, for influence paddling, in a new case, in relation to President Donald Trump's inauguration ceremony back in 2017, the DNA reported on Thursday.DNA prosecutors - the Section for combating corruption crimes has launched criminal proceedings against Liviu Dragnea, ...

APB put out on former PDL MP Marian Zlotea sentenced to prison 

Friday, January 15, 2021

An APB was put out  by the Court of Appeal  Bucharest on former European MP and member of the Liberal-Democratic party (PDL)at that time, Marian Zlotea, who was sentenced to spend 8 years and 6 months in prison for receiving ...

Negative natural growth up almost 3 times in November 2020, effects of the health crisis, visible

Friday, January 15, 2021

The negative natural growth rate increased almost three times in November 2020 compared to November 2019, with a minus of 21,015 people, compared to a minus of 7,374 people in November 2019, informs a press release from the National Institute of Statistics (INS), published on Thursday.The number of deaths recorded in November 2020 was 34,769 (18,716 men and 16,053 women), by 7,278 deaths (3,923 men and 3,355 women) more than in October 2020 and by 14,287 ...

Dacia presents Bigster, concept of a 4.6 meter long SUV model

Friday, January 15, 2021

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On Thursday, Dacia presented the concept of a 4.6 meter long SUV model, which foreshadows the solution for a C-segment vehicle at the affordable price of a lower segment model.According to a statement from the car manufacturer, the Bigster concept incorporates the values of simplicity and authenticity specific to the Dacia brand. The proportions of the concept are both contemporary and timeless, and its simple lines inspire robustness."The ...

COVID -19: 154,268 people have been vaccinated so far

Thursday, January 14, 2021

The National Committee for the Coordination of anti-COVID Vaccination informs that in the last 24 hours, 13,821 people have been immunized with the Pfizer/BioNTech vaccine, according to data provided by the National Institute of Public Health, through the National Electronic Registry of Vaccinations application.According to a press release, 154,268 people have been vaccinated so far.In the last 24 hours, 60 common and minor reactions were ...

Former Greek ambassador Papadopoulos, decorated by President Iohannis

Thursday, January 14, 2021

On Wednesday, President Klaus Iohannis signed decrees decorating British film director Charlie Ottley and of former Greek ambassador Vassilis Papadopoulos.   "In appreciation of the important contribution to the support for and promotion of bilateral relations between Romania and the Hellenic Republic," President Klaus Iohannis bestowed a "Pentru merit " (For Merit) medal in the rank of Grand Cross to ...

Agreement between USTDA and Nuclearelectrica over grant

Thursday, January 14, 2021

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A grant agreement was signed on Wednesday between the Trade and Development Agency (USTDA) and the National Nuclearelectrica Company (SNN), the US Ambassador in Bucharest, Adrian Zuckerman, noting at the event that this is another step forward in strengthening the bilateral relationship between the two countries, in the energy field.The grant is awarded for technical assistance in order to develop "Small Modular Reactor" (SMR) solutions in ...

PM Citu: Minimum gross salary for 2021 - 2,300 lei

Thursday, January 14, 2021

The Government approved, on Wednesday, the normative act establishing the minimum gross salary for 2021 at 2,300 lei per month, Prime Minister Florin Citu announced."We approved the normative act which establishes the minimum salary for 2021, you already know, at 2,300 lei. I know that there were discussions in the public space if it can be applied from January 1. Of course it can be applied from January 1 because salaries for January are paid in February. ...

Average net earnings up by 2 pct in November, to 3,411 lei

Thursday, January 14, 2021

- In November 2020, the average gross nominal earnings were 5565 lei, with 113 lei (+2.1%) higher than the one registered in October 2020. - The average net nominal earnings were 3411 lei, increasing as against the previous month with 68 lei (+2.0%). - The highest values of the average net nominal earnings were recorded in computer programming, consultancy and related ...

FinMin Nazare: We must reduce deficit in order not to jeopardize economic recovery

Thursday, January 14, 2021

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Reform plans for economic recovery, economic prospects for 2021, financing needs and the National Recovery and Resilience Plan were among the topics addressed on Wednesday by Finance Minister Alexandru Nazare and European Commissioner for Economy Paolo Gentiloni."We need to reduce the deficit so that we do not jeopardize the prospects for economic recovery, so we will continue to support the economy and the healthcare system, which remain a priority in these ...

Current account deficit up by 1.12 pct in first 11 months of 2020

Thursday, January 14, 2021

The current account of the balance of payments registered a deficit of 9.763 billion euros, in the first 11 months of 2020, up by 1.12% compared to the same period of 2019, of 9.655 billion, informs a press release of the National Bank of Romania (BNR).By structure, the balance of goods recorded a deficit by 1.096 billion euros higher, the balance of services recorded a surplus by 815 million euros larger, the balance of primary revenues increased its ...

FDI down by 60.42 pct in the first 11 months of 2020

Thursday, January 14, 2021

Foreign direct investment (FDI) in the first 11 months of 2020 decreased by 60.42% compared to the same period last year, to 1.87 billion euros, according to information published on Wednesday by the National Bank of Romania (BNR)."Direct investments of non-residents in Romania amounted to 1.876 billion euros (compared to 4.740 billion euros in January-November 2019), of which the equity participation (including the estimated net reinvested profit) amounted ...

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