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Interest and penalties for tax debts, canceled if arrears are paid by November 25
Tuesday, September 3, 2024
Prime Minister Marcel Ciolacu announced that on Monday will be made public the normative act providing for the cancellation or waiver of the interests and penalties of those who owe money to the state, if they pay these arrears by November 25.Taxpayers who pay their taxes on time will also receive a 3 percent bonus from next month."Today will also be made public the normative act through which we are taking a series of measures to bring extra ...
Net assets of local open-end investment funds, up 3.4 pct in June 2024, to 21.2 billion RON
Tuesday, September 3, 2024
The net assets of the local open-end investment funds stood at approximately 21.2 billion RON in June 2024, up by 3.4% compared to the previous month, the Financial Supervisory Authority (ASF) reports.In May, the net assets held by all categories of open-end investment funds amounted to 20.5 billion RON."As of June 2024, bond and fixed-income open-end funds held the largest share of the total net assets of open-end investment funds (around ...
The National Bank of Romania 's foreign exchange reserves fell to 63.187 billion euros in August
Tuesday, September 3, 2024
The foreign exchange reserves of the National Bank of Romania (BNR) were 63.187 billion euro at the end of August 2024, dropping by 0.62% as compared to the level of 63.579 billion euro, on 31 July 2024 according to a press release of the Central Bank sent on Monday. During the month of August there were inflows of 2.397 billion euro, representing the change of the minimum ...
Gov't borrows RON 945 M off commercial banks on Monday
Tuesday, September 3, 2024
The Ministry of Finance (MF) on Monday borrowed almost RON 945 million off commercial banks in two issues of benchmark bonds, according to data published by the National Bank of Romania (BNR).Thus, the Ministry borrowed RON 450 million through a issue of benchmark bonds with a residual maturity of 90 months and an average yield of 6.65% per annum. The nominal value of the issue was RON 500 million and the banks offered RON 475 million.An ...
Feasibility study for new bridge over Danube, between Giurgiu and Ruse, auctioned
Tuesday, September 3, 2024
The National Road Infrastructure Management Company (CNAIR) sent on Friday to the National Agency for Public Procurement (ANAP), for validation, the documentation for the contract necessary to develop the feasibility study on the basis of which the second bridge will be built that will ensure the link between Giurgiu and Ruse, Bulgaria, announced general manager Cristian Pistol, on his Facebook page.The maximum duration allocated to the development of the ...
Romania debuts at Sydney Dialogue on emerging technologies, artificial intelligence
Tuesday, September 3, 2024
Romania's ambassador to Australia Radu Gabriel Safta will participate starting September 2 in the fourth edition of the Sydney Dialogue, an event that has become a landmark on the map of international forums in the Asia-Pacific region. The event is also attended by Dan Cimpean, director of the National Directorate of Cyber Security (DSNC) and Adrian-Victor Vevera, general director of the National Institute for Research and Development in Informatics ICI Bucharest, with ...
EnvinMin Fechet: The summer of 2024 brings 3.5-degree thermal deviation, above Paris target
Tuesday, September 3, 2024
The summer of 2024 brought us a thermal deviation of 3.5 degrees Celsius, which is much above the target officials established in Paris, in 2015, minister of environment, waters and forests Mircea Fechet stated on Monday.'We've broken all records in June, July and August. All three summer months were officially declared the hottest in the 120 years long history of measurements by the National Meteorological Authority (ANM). And this happens in the ...
EY Survey: 72% Of Investors See Grants As Key To Investing In Romania
Tuesday, September 3, 2024
A total of 72% of investors consider the availability of non-repayable grants to be a decisive factor in choosing a country to invest in, according to the EY Attractiveness Survey Romania 2024. Both the availability and absorption of non-repayable funds are part of a series of essential indicators that shape a country’s investment landscape, and Romania stands out in this field due to the diversity of state aid programs and EU funds dedicated to supporting ...
Bucharest International Dance Film Festival - between September 5 and 8
Tuesday, September 3, 2024
The tenth edition of the 'Bucharest International Dance Film Festival' which will offer art lovers premiere films, dance perfomances and other events will take place from Thursday to Sunday in the capital. The festival program includes over 30 events: four dance films (national premieres), a competition of feature films selected from over 20 countries, a contemporary dance show, guided tours, ...
Klaus Iohannis and Maia Sandu sign Declaration on bilateral cooperation to strengthen Rep.of Moldova's resilience
Monday, September 2, 2024
Romanian President Klaus Iohannis and Moldovan President Maia Sandu signed a Declaration on bilateral cooperation to strengthen the Republic of Moldova's resilience on Saturday in Chisinau.The declaration was signed "based on the special nature of bilateral relations, based on the community of language, culture and history" and "reaffirming the objectives set out in the bilateral Strategic Partnership for the European integration of the Republic of ...
Declaration on bilateral cooperation between Romania and Rep. of Moldova, binding for future presidents
Monday, September 2, 2024
Romanian President Klaus Iohannis said on Saturday, during his official visit to Chisinau, that the opening of the Republic of Moldova's accession negotiations to the European Union is one of the most "important moments" in the relations between Romania and the neighbouring country during his two terms in office.He told a press conference in Chisinau that European and Euro-Atlantic integration "is the path that the Republic of Moldova would do ...
Maia Sandu: Romania plays essential role in supporting efforts to strengthen Moldova's energy independence
Monday, September 2, 2024
The President of the Republic of Moldova, Maia Sandu, said on Saturday that "Romania plays an essential role in supporting efforts to strengthen Republic of Moldova's energy independence".The Moldovan leader told a press conference held alongside Romanian President Klaus Iohannis, that her country is "grateful to Romania for its support in strengthening the Republic of Moldova's resilience"."Romania plays an essential role in supporting our ...
Odobescu: The intensification of hybrid actions by Russia against the states in the region is visible
Monday, September 2, 2024
The intensification of hybrid actions on the part of Russia against the states in the region of our country is visible, said on Thursday the Minister of Foreign Affairs, Luminita Odobescu, who participated, in Brussels,at the informal Foreign Affairs Council. The Ukrainian Minister of Foreign Affairs, Dmitro Kuleba, was invited to the meeting. 'We have all seen Russia's constant attacks against ...
Romanian Language Day/ US, French diplomats show they can speak Romanian well
Monday, September 2, 2024
The US Ambassador to Romania, Kathleen Kavalec, and members of the embassy's team shared some of their favorite words in Romanian on the occasion of the Romanian Language Day, while employees of the French Embassy tried to pronounce an original phrase.The moments captured on video footage of the diplomats speaking Romanian were shared on the official Facebook pages of the two embassies.Among the favorite expressions of members of the US ...
Romanian Defense Ministry Submits Bill To Donate Patriot Missile System To Ukraine
Monday, September 2, 2024
The Parliament in Bucharest has received for debate and vote in the fall session—set to begin next week on September 2—the bill submitted by the Ministry of National Defense (MApN), which proposes the donation of a Patriot surface-to-air missile system to Ukraine. The Ukrainian Foreign Minister, Dmitro Kuleba had previously hinted US, Romania and the Netherlands to deliver the promised ...
Approximately 2,200 professional soldiers take military oath
Monday, September 2, 2024
Approximately 2,200 professional soldiers on Friday voiced the pledge of allegiance to the homeland, during ceremonies of taking the military oath, according to a press release from the Ministry of National Defense sent on Friday..So, a number of 2,187 professional soldiers from all over the country voiced out loud the pledge of allegiance to the homeland, during military ceremonies that took place in several garrisons in the ...
Ciuca, in Prague: I emphasized the importance of collaboration beyond political currents
Monday, September 2, 2024
The President of the Senate, Nicolae Ciuca, the PNL leader (Liberal party, junior în the ruling coalition), emphasized, on Frdiay during the Globsec conference in Prague, the importance of unity and collaboration beyond political currents. 'I presented the example of Romania as a success story, where political opponents joined forces to govern the country in a difficult period, with ...
Cristian Diaconescu To Run For Presidency As Independent
Monday, September 2, 2024
The former president of the People's Movement Party (PMP), Cristian Diaconescu, announced, on Thursday evening, his intention to run as an independent in the presidential elections, saying that he has already started the campaign to collect the more than 200,000 necessary signatures. “Independent does not mean alone. I am with the Romanians and they are with me and I am with ...
Fitch reconfirms Romania at 'BBB-' Outlook Stable
Monday, September 2, 2024
Fitch Ratings on Friday reconfirmed Romania's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB-' with a Stable Outlook and the Short-Term Foreign-Currency IDR at 'F3', the Finance Ministry said in a press release.According to the source, the decision to reconfirm the sovereign rating and maintain the stable outlook is supported, according to the agency, by EU membership and related capital inflows that support income convergence, external ...
The Ministry of Finances planned loans of 5,675 billion lei from banks in September 2024
Monday, September 2, 2024
The Ministry of Finances has planned, in September 2024, loans from commercial banks in the amount of 5 billion lei, to which the amount of 675 million lei can be added through additional sessions of non-competitive offers, related to bond auctions.The total amount of 5,678 billion lei is 25 million lei less than the one that was scheduled in August 2024, of 5.7 billion lei and will be intended for refinancing the public debt and financing the state ...