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Criminal case to investigate into AUR's press release that minimizes Holocaust

Tuesday, January 11, 2022

The General Prosecutor's Office announced on Monday that it has opened a criminal case to investigate into the press release issued by AUR (Alliance for the Union of Romanians - opposition) that minimizes the Holocaust."On January 6, 2022, following the ex officio notification in accordance with Article 292 of the Criminal Procedure Code, a criminal case was registered with the Criminal Investigation and Forensic Section of the Prosecutor's Office attached ...

Predoiu - meeting with World Bank country manager; discussions on the status of projects in the field

Tuesday, January 11, 2022

 The Minister of Justice, Catalin Predoiu, met on Monday with the World Bank's country manager, Anna Akhalkatsy, with whom he discussed the stage of projects financed or implemented by the financial institution for the benefit of the Romanian judiciary.Currently, the ministry's Directorate for the Implementation of Foreign Loan-financed Projects is running with the World Bank two programs in parallel: the 65 million-euro Judicial Services Improvement ...

PM Ciuca discusses with OMV Petrom representatives about investments in encouraging transition to green energy by 2030

Tuesday, January 11, 2022

On Monday, OMV Petrom representatives presented to Prime Minister Nicolae Ciuca the development plan for investments in Romania for the 2030 horizon, considering the objective of reducing greenhouse gas emissions.According to a press release sent on Monday by the Government, the Prime Minister had a meeting with Christina Verchere, CEO of OMV Petrom.The meeting was also attended by the Minister of Energy, Virgil Popescu, the Minister of ...

Central Bank increases key interest rate to 2% per annum

Tuesday, January 11, 2022

The National Bank of Romania (BNR) Board decided on Monday to increase the monetary policy key interest rate to 2% per annum, from 1.75% percent per annum, as of January 11, 2022, and keeping the firm control over liquidity on the monetary market, the Central Bank informs in a press release."The Board of Directors of the National Bank of Romania, gathered in today's meeting, January 10, 2022, decided the following: to increase the monetary policy interest ...

BNR : According to the present evaluations, the annual rate of inflation will probably increase gradually over the next months

Tuesday, January 11, 2022

The annual rate of inflation will probably increase gradually over the next months, under the impact of the shocks on the part of offer, and the evolution of the pandemics and the associated restrictive measures remain a major source of uncertainties and risks at the address of estimates, at least for short term, show the National Bank of Romania (BNR) estimates. The BNR Board, gathered on Monday has decided to increase the rate of the monetary policy interest at the ...

Dacia launches Duster Extreme limited series in Romania, the most equipped version of the model

Tuesday, January 11, 2022

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 The car manufacturer Dacia announced on Monday the launch in Romania of the limited series Duster Extreme, the best equipped version of the model manufactured in Mioveni."With an exclusive look, the new limited series offers in its standard version all the equipment available on the "Prestige" superior version, plus features such as the hands-free function, the multiview camera or the blind spot alert. Inside, the Duster Extreme limited series features ...

Survey: Record-high deal volumes for Romania's M&A market in 2021 

Tuesday, January 11, 2022

Romania's mergers and acquisitions (M&A) market saw a record high number of transactions last year - 137, for a total estimated value of over four billion euros, shows a survey by Deloitte Romania.The total estimated market value for deals with disclosed price tags and undisclosed price deals was of approximately 4.44 billion euros, while the deals in the first category amounted to 2.3 billion euros, the company said in a statement. For comparison, the ...

The trade deficit goes up by 4.93 billion euros, in first 11 months of 2021

Tuesday, January 11, 2022

- In November 2021, the FOB exports amounted to 7087.7 million euro and the CIF imports amounted to 9246.7 million euro, a commercial deficit of 2159.0 million euro being registered. - Compared to November 2020, the exports increased by 17.5% and the imports increased by 21.5% in November 2021. - In the period 1.I-30.XI 2021, the FOB exports amounted to 68166.4 million euro ...

In November 2021, the seasonally adjusted unemployment rate was estimated at 5.2%

Tuesday, January 11, 2022

- Unemployment rate in November 2021 had the same level as compared to the previous month (5.2%). - Men’s unemployment rate was higher than that of women with 0.6 percentages points.   The number of unemployed (aged 15-74 years) estimated for November 2021 was of 432 thousand persons, increasing as compared to the previous month (424 thousand ...

Political consultations at the MAE, between Bogdan Aurescu and his Pakistani, Makhdoom Qureshi

Monday, January 10, 2022

The minister of foreign affairs, Bogdan Aurescu will have on Monday political consultations with his Pakistani counterpart, Makhdoom Shah Moahmood Hussain Qureshi, in an official visit that the head of diplomacy from that country will pay to Romania, between 9th and 10th January 2022, the Ministry of Foreign Affairs (MAE) informs. According to the quoted source, it is the first visit to Romania of a ...

Dincu : Russia is not a direct threat for Romania, but it is a threat for the security in the area

Monday, January 10, 2022

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The minister of defence, Vasile Dincu, considers that Russia is not a direct threat for Romania, at the present moment, but it is a threat for the security in the area, saying that our country must be prepared for anything at all times.   Vasile Dincu was asked, in Friday, at Digi 24, about the fact that the Russian officials referred to the Deveselu shield as being an issue and if Romania monitored this ...

ForMin Aurescu reiterates concern over build up of Russia's military presence in Alliance's neighborhood

Monday, January 10, 2022

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Minister of Foreign Affairs Bogdan Aurescu reiterated his concern regarding the build up of Russia's military presence in the Alliance's neighborhood, as well as his call for de-escalation, the Ministry of Foreign Affairs (MAE) informs in a press release.Bogdan Aurescu attended on Friday an extraordinary meeting of NATO Ministers of Foreign Affairs, where the heads of diplomacies discussed "in depth" the security situation in the Eastern Neighborhood and in ...

Romania counts for 295 cases of infection with Omicron variant, including 4 children under 9 y/o

Monday, January 10, 2022

As many as 112 new cases of infection with the Omicron variant of the SARS-CoV-2 virus were confirmed on Friday in Romania, including four children in the 0-9 years age group, the total number reaching 295 at national level, the Ministry of Health announced, citing data provided by the National Institute of Public Health (INSP).Of the 112 registered cases, 37 are in people unvaccinated against COVID."We are talking about 48 men and 64 women aged ...

Alexandru Rafila: We will have the first quantities of Molnupiravir by the end of the month

Monday, January 10, 2022

The Minister of Health, Alexandru Rafila, declared on Friday that the first quantities of Molnupiravir [medicine with which the patients infected with the new coronavirus are treated] could reach Romania by the end of the month."By the end of the month we will have the first quantities of Molnupiravir, I think, and in early February - mid-February or later the other antiviral. We, for an estimated one million cases in Romania, have considered that about ...

The new list of countries at epidemiological risk

Monday, January 10, 2022

The list of states considered to be at epidemiological risk was updated on Friday by the National Committee for Emergency Situations (CNSU).Most states are in the red area, with a Covid incidence higher than 3 per 1,000 inhabitants in the past 14 days. Such countries as Denmark, Cyprus, Iceland, UK, Malta, France, Greece, Spain, Switzerland, Ireland, Portugal, USA, Italy, Belgium, Australia, Norway, Sweden, Finland , the Netherlands, Israel, Germany Turkey, Poland, ...

BT: Romania could surpass Poland in GDP / capita by mid-decade if it accelerates reforms

Monday, January 10, 2022

Romania could overtake Poland in terms of GDP per capita by the middle of this decade, if it accelerates public sector reforms and digitization, as well as if it pays more attention to investment in research and development, according to an analysis conducted by Andrei R?dulescu, director of Macroeconomic Analysis at Banca Transilvania (BT).   "Poland and Romania have faced similar economic and historical ...

Gov't could launch HoReCa 2 aid scheme, but only after budget revision

Monday, January 10, 2022

 The Government has in view launching a HoReCa2 aid scheme, which may include also companies in the domain of connected services, such as leisure activities, but only in the second half of the year, after the budget revision, said, on Friday, in central Brasov, the Minister for Entrepreneurship and Tourism, Constantin-Daniel Cadariu, during a meeting with representatives of local authorities and the business milieu in Brasov.The issue of including ...

Law on setting up National Directorate of Cyber Security to replace CERT-RO, promulgated

Monday, January 10, 2022

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On Friday, President Klaus Iohannis promulgated the law on the approval of the Government Emergency Ordinance no. 104/2021 on the establishment of the National Directorate of Cyber Security (DNSC).The government passed this emergency ordinance on September 27.The new institution will replace CERT-RO. In the next period, DNSC will take over the staff, infrastructure and responsibilities of the former CERT-RO. The Directorate is designed as a ...

Retail turnover up 10.5pct in Jan-Nov 2021

Monday, January 10, 2022

- Compared to the previous month, in November 2021 the retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased both as gross series by 2.4% and as adjusted series according to the number of working days and to seasonality by 0.4%. - Compared to the corresponding month of the previous year, the retail turnover volume (excluding the trade with motor vehicles and motorcycles) increased ...

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