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ForMin Aurescu, OECD's SecGen designate Cormann talk about Romania's accession to organisation

Friday, April 16, 2021

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Foreign Affairs Minister Bogdan Aurescu had a telephone call on Thursday with the Secretary-General designate of the Organisation for Economic Co-operation and Development (OECD), Mathias Cormann, on Romania's accession to the organization, a release by the Foreign Affairs Ministry (MAE) informs.The head of the Romanian diplomacy reconfirmed "the political commitment of the Romanian Government and the broad support of the Romanian political forces and ...

North Atlantic Council Statement following the announcement by the United States of actions with regard to Russia

Friday, April 16, 2021

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Issued on 15 April 2021   NATO Allies support and stand in solidarity with the United States, following its 15 April announcement of actions to respond to Russia’s destabilising activities. Allies are taking actions individually and collectively to enhance the Alliance’s collective ...

ForMin Aurescu talks about prospects for NATO at International Conference

Friday, April 16, 2021

Minister of Foreign Affairs Bogdan Aurescu participated, on Thursday, in the opening of the first edition of "The European Union's External Relations and the Global Order" International Conference, by presenting an analysis on the future of the North-Atlantic Alliance and the transatlantic relationship, shows a press release of the Ministry of Foreign Affairs (MAE).The event, with the theme "New transatlantic relations and the perspectives of the global ...

GRECO urges states to prevent corruption risks in measures aimed at tackling the economic impact of the COVID-19 pandemic

Friday, April 16, 2021

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Governments should rigorously manage the corruption risks that have emerged due to the need to take extraordinary measures to combat the COVID-19 pandemic, including the infusion of large amounts of money into the economy to alleviate its economic and social impact, said the Council of Europe’s anti-corruption ...

Isarescu : there is no reason to further cut key rate

Friday, April 16, 2021

 Governor of the National Bank of Romania (BNR), Mugur Isarescu, says there are no reasons to further cut the key interest rate and states that the central bank is ready to ensure the flexibility of the inflation target."Looking forward, the Romanian authorities will continue to maintain appropriate support measurGovernment approves order form for 4.2 million optional doses from Pfizeres. However on the fiscal front we do see merit to start the ...

Romania attracts 3.5 billion euros from foreign capital markets, through bond issue

Friday, April 16, 2021

Romania, through the Ministry of Finance, launched on April 7 this year's first issue of Eurobonds that attracted 3.5 billion euros on the international capital markets, which enjoyed a special interest from investors, according to a press release of the Ministry of Finance, sent on Thursday."The success of Romania's first Eurobond issue in 2021 reaffirms the confidence our country enjoys from international investors. Although the crisis generated by the ...

EC approves support of Romanian travel, accommodation and food service companies affected by pandemic

Friday, April 16, 2021

The European Commission approved a plan of 500 million euros (about 2.437 billion lei) to back Romanian companies active in tourism, accommodation and food services as well as travel agencies, in the context of the coronavirus pandemic, according to an EU press release.   The measure was approved according to the temporary frame on state aid. Public support, which will ...

Gov’t approved the draft law on the conditions for the implementation of 5G networks

Friday, April 16, 2021

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  The Government has approved on Thursday the draft law stipulating that the telecom operators will be able to use in the 5G networks only technologies, equipment and software programmes previously authorized by the Prime Minister’s decision, based on the compliant advice of the Supreme Defence Council (CSAT), government sources told Hotnews.ro.   The Executive will ask the Parliament ...

Emergency ordinance on Oltenia Energy Complex restructuring plan, adopted

Friday, April 16, 2021

The government adopted at its meeting this Thursday an emergency ordinance on the restructuring plan of the Oltenia Energy Complex, a plan that has already been greenlighted by the European Commission, and which provides for the grant of 664.1 million lei as state aid to the power facility for the purchase of green certificates, Prime Minister Florin Citu announced."There was need for an emergency ordinance for the restructuring plan of the Oltenia Energy ...

Study: Companies report business figure drops but only 19% reviewed policy of transfer prices

Friday, April 16, 2021

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In 2020 only 19% of multinational companies reported that they had reviewed the transfer price policy, although more than half (52%) reported that the pandemic had negative effects on the business figure or operational result, according to an EY Romania survey. The sectors which felt a negative pandemic effect include industries like defense, agriculture, vehicles, constructions and engineering, transports and ...

PM Citu dismisses Vlad Voiculescu as health minister

Thursday, April 15, 2021

Prime Minister Florin Citu dismissed Health Minister Vlad Voiculescu on Wednesday. Citu announced on Wednesday evening having taken over as acting Health Minister after Deputy Prime Minister Dan Barna refused to accept this responsibility and that he will stay in office until "the coalition colleagues" make a nomination for the Health portfolio.Citu mentioned that he has two online conferences scheduled on Thursday with the Public Health Directorate (DSP) ...

Liberals' Orban: For PNL there is no other political solution to govern than current coalition

Thursday, April 15, 2021

The chairman of the National Liberal Party (PNL), Ludovic Orban, said on Wednesday that for the Liberals there is no other political solution of government than the current coalition and stressed that Save Romania Union - Party of Liberty, Unity and Solidarity (USR PLUS) must make a new proposal for Minister of Health."I took note of Prime Minister Florin Citu's decision to remove the Minister of Health from office. As I said Monday after the coalition's ...

UDMR's Kelemen: Government must move forward, country cannot be thrown into political instability

Thursday, April 15, 2021

The government must move forward as the country cannot be thrown into political instability following a minister's reshuffling, Deputy Prime Minister Kelemen Hunor, Hungarian Democratic Union of Romania (UDMR) leader, who called on coalition colleagues for a calm discussion in the next period, said on ...

PSD: Snap election - the only solution if coalition parties cannot sort out their crisis

Thursday, April 15, 2021

The Social Democratic Party (PSD - opposition) will not support in Parliament a Liberal minority government, and snap election is the only solution if the governing coalition parties cannot sort out the current crisis."PSD will throw its parliamentary support behind no Liberal minority government whatsoever. PSD will support no government led by the National Liberal Party (PNL) or the Save Romania Union - Freedom, Unity and Solidarity Party (USR PLUS) ...

PM Citu announces government sitting for Thursday

Thursday, April 15, 2021

 The Prime Minister Florin Citu announced that the Government will reunite in sitting on Thursday, on the agenda being normative acts "which cannot be delayed" in the area of health."Tomorrow we will have a Government reunion, because there are a lot of pieces of legislation important for all Romanians, which need to be adopted, a part of them come from the Ministry of Health, normative acts which cannot be delayed," the PM specified, in a press ...

 Romania ranks 4th in EU in terms of anti-COVID double-vaccinated people, ever closer to returning to normality

Thursday, April 15, 2021

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 The Prime Minister Florin Citu said on Wednesday that Romania "is ever closer to returning to normality", specifying that our country occupies the 4th position in the top of EU countries regarding people vaccinated with both shots against COVID."We are ever closer to returning to normality. Romania occupies the 4th position among the EU countries regarding people double-vaccinated against COVID. We have a new vaccination record in the last 24 hours: ...

Romania's concern over deployment of Russian troops at Ukraine's eastern border

Thursday, April 15, 2021

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At an extraordinary joint meeting of NATO ministers of foreign affairs and defence on Wednesday, head of the Romanian diplomacy Bogdan Aurescu, expressed Romania's concern over the deployment of Russian troops and equipment in Crimea, at the eastern border of Ukraine and in the Black Sea in general.According to Romania's Foreign Ministry (MAE), the meeting took place in the context of concluding the analysis of the new US administration on the future of the ...

Romania will act in accordance with allied decisions on withdrawal from Afghanistan

Thursday, April 15, 2021

Romania will act in accordance with allied decisions on the timetable for withdrawal from Afghanistan, Defence Minister Nicolae Ciuca said after attending a joint meeting of NATO foreign ministers and defence ministers on Wednesday, organized in video conference format.The meeting took place in the context of the completion of the US administration's analysis of Afghanistan and the decision to withdraw US forces by September 11, 2021."Following ...

ERSTE RESEARCH: "We expect Romania's sovereign rating to remain unchanged this week"

Thursday, April 15, 2021

Erste Group Research says it expects Romania to retain its investment-grade status after all three major rating agencies review its creditworthiness over the next ...

Study: the managers of Romania estimate an economic  recovery in 2022

Thursday, April 15, 2021

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The managers of Romania estimate an economic recovery in 2022, considering the European funds as being the main chance for economic recovery, according to a study made in Romania by Horvath&Partners (HuP), company for consultancy in management with over 1,000 experts and offices in Europe and Middle East.   The study shows that Romania must organise an efficient  National Strategy for the use of European funds and ...

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