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TRANSCRIPT: Online Press Briefing with U/S Thompson on INF

Friday, February 8, 2019

Please find below the transcript from online press briefing with Under Secretary Andrea Thompson on INF.  Nearly 90 journalists participated from Belgium, Bulgaria, Canada, Croatia, Denmark, Egypt, Estonia, Finland, France, Germany, Greece, Israel, Italy, Japan, Kazakhstan, Latvia, Lithuania, the Netherlands, Norway, Poland, Romania, Russia, Spain, Switzerland, the UK, Ukraine, the US, and Vietnam.  Under Secretary Andrea ...

Russian ambassador in Bucharest about INF Treaty: Russia has no hostil intentions against Romania

Friday, February 8, 2019

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Valery Kuzmin, Russia’s ambassador to Bucharest, declared on Thursday that his country was ready to discuss with the US  about Intermediate Nuclear Force Treaty (INF), but would not initiate talks. He assured Romania it would not be the target of hostile actions. Kuzmin talked, at a press conference, about what Romania can expect from Russia following the statements made when the US decided to withdraw from the Intermediate Nuclear Force ...

President Iohannis rejects Lia Olguta Vasilescu's appointment as Minister of Development

Friday, February 8, 2019

President Klaus Iohannis on Thursday sent a letter to Prime Minister Viorica Dancila informing her of his decision to reject the appointment of Lia Olguta Vasilescu as Deputy PM, Minister of Regional Development and Public Administration.I decided to reject the proposal to appoint Lia Olguta Vasilescu as Deputy PM, Minister of Regional Development and Public Administration, reads the letter.The head of state asked the PM to make another proposal for ...

Gunther Krichbaum (Bundestag) Asked Justice Minister Toader to support Romanian candidate for EU Public Prosecutor

Friday, February 8, 2019

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Gunther Krichbaum, CDU MP and chairman of the Bundestag's Committee on European Union affairs, called on Romanian Justice Minister Tudorel Toader to back Laura Codruta Kovesi for the position of head of the European Prosecutor's Office.Explaining that former Chief prosecutor of the National Anticorruption Directorate (DNA) Laura Codruta Kovesi is on the first position of the shortlist, followed by a candidate from France and a German one on the third spot, ...

Deputy PM Ana Birchall, US Commerce Secretary Wilbur Ross discuss economic ties, investment opportunities

Friday, February 8, 2019

Deputy Prime Minister Ana Birchall had a working meeting with US Secretary of Commerce Wilbur Ross, with the agenda of talks including subjects such as strengthening the economic dimension of the Strategic Partnership between Romania and the US, investment opportunities in Romania, the follow-up to the Three Seas Initiative Summit held in Bucharest last year, as well as support for Romania's candidacy for the Organization for Economic Cooperation and Development, a government ...

Commissioner Cretu about Magurele-based ELI-NP project, blocked by a contract dispute

Friday, February 8, 2019

The 'Extreme Light Infrastructure - Nuclear Physics (ELI-NP)' project is the "most important" European research investment in Romania, European Commissioner for regional development Corina Cretu said on Thursday, adding that she hopes that the project, which is currently blocked by a contract dispute, will be "saved"."I confess that I am very concerned about the latest developments regarding the Magurele-based ELI project, and I am referring specifically to the ...

EC Maintains Romania's 2019 GDP Growth Projection at 3.8%

Friday, February 8, 2019

The European Commission has maintained its 3.8% economic growth projection for Romania in 2019 in its winter economic forecast released Thursday, unchanged from its fall forecast. It also maintained its 3.6% economic growth projection for Romania in 2020. The commission updated its GDP growth estimate for 2018 to 4% in the winter forecast from 3.6% predicted in the autumn forecast. “Real GDP growth eased from 7% in 2017 to ...

Central bank maintains monetary policy rate at 2.50pct per annum

Friday, February 8, 2019

The National Bank of Romania (BNR) Board decided in its meeting on Thursday to keep the monetary policy rate at 2.50 percent per annum and to maintain the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions, the central bank informs.At the same time, BNR decided to leave unchanged the deposit facility rate at 1.50 percent per annum and the lending facility rate at 3.50 percent per ...

BNR:New set of fiscal & budgetary measures, still pending draft budget - among inflation outlook risks

Friday, February 8, 2019

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The uncertainties and risks to the inflation outlook are related to the new set of fiscal and budgetary measures that came into effect on January 1, to the fact that the budget blueprint has not yet been finalised, and implicitly to the future tax and revenue policy, the National Bank of Romania (BNR) said in a release issued on Thursday after the monetary policy meeting of the institution's Board of Directors.According to the cited source, there are noteworthy ...

Finance Ministry borrowed 635.5 million lei with 4% interest from banks

Friday, February 8, 2019

The Finance Ministry borrowed 635.5 million lei with 4% interest from banks, through a state bond issue with a residual maturity of 2.7 years. According to the institution, investors presented offers that exceed 4 times the amount announced by the Ministry of Public Finance for auction. The total volume of demand was 1.2 billion lei, the nominal value of the issue was 300 million lei. MPF planned in February 2019 loans of 1.9 ...

Dancila in Brussels: in Romania the rule of law is observed; the anti-corruption fight and the rights of the citizens – a priority

Thursday, February 7, 2019

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The rule of law is observed in Romania, ensured on Wednesday premier Viorica Dancila in Brussels in the plenary session of the European Committee of Regions.‘In Romania the rule of law is observed. And I will reiterate what the president of the European Commission said – in any member state, the rule of law, the rights of the citizens and the anti-corruption fight must be a priority. I, as prime-minister must take into consideration all these aspects ...

Commissioners Avramopoulos, King and Jourová attend the Informal meeting of Justice and Home Affairs EU ministers

Thursday, February 7, 2019

Commissioner for Migration, Home Affairs and Citizenship Dimitris Avramopoulos, together with Commissioner for the Security Union Julian King and Commissioner for Justice, Consumers and Gender Equality V?ra Jourová will be in Bucharest on the 7 and 8 February for the Informal meeting of Justice and Home Affairs EU ministers. The event is hosted by the Romanian Presidency of the Council of the European ...

Joint meeting of the governments of Romania and Bulgaria in February in Bucharest

Thursday, February 7, 2019

The interim minister of transport of Romania Rovana Plumb discussed on Tuesday with his Bulgarian counterpart Rossen Jeliazkov about two priority projects for bilateral relations, respective the insurance of the minimum conditions for navigation for the development in safety during the whole period of the year and the construction of a new bridge over the Danube. According to a press release of the ministry of transport, the parts expressed  the ...

DefMin about Russia: We are not discussing direct threats to Romania at this point

Thursday, February 7, 2019

Minister of National Defence Gabriel Les on Tuesday stated that Romania is facing a series of challenges in the Black Sea region coming from Russia, which it cannot respond to otherwise than working closely with its allies."I would like to use the term "challenges" instead of "threats" coming from Russia, as we are not discussing threats to Romania's security as this point, but only challenges Russia got us used to in the recent time. I also said Tuesday at the ...

PSD's Dragnea: Draft budget to be adopted Friday

Thursday, February 7, 2019

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The draft state budget law for 2019 will be approved on Friday, in the Government, PSD chairman Liviu Dragnea announced at the end of a meeting with members of the Romanian Association of Municipalities. "I understood that on Friday they will adopt the draft law in the Government, after which it comes to Parliament," Dragnea said on Wednesday. Chairman of the ruling Social Democratic Party (PSD) Liviu Dragnea announced on Wednesday that he would not ...

OMV Petrom: Emergency Ordinance 114/2018 to impact profitability by some 50mln euros

Thursday, February 7, 2019

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Emergency Ordinance 114/2018 will have an impact of about 50 million euros on the profitability of OMV Petrom, these being only preliminary calculations, Stefan Waldner, the company's Chief Financial Officer told a Wednesday's press conference."We cannot know what the exact impact is until we see the secondary legislation. We did preliminary calculations, which show a two-digit impact on our profitability, but I would like to point out that this is a preliminary ...

Fondul Proprietatea: Regulated energy prices will bring lower State budget revenues, reduced investments and market distortion

Thursday, February 7, 2019

Fondul Proprietatea expresses serious concerns about the highly detrimental impact on energy companies, investments in the energy sector, Romania’s energy security, and ultimately on end consumers if the National Regulatory Authority for Energy’s (“ANRE”) Order regarding the approval of the Pricing Methodology (“the Order”) for electricity sold by the producers on the basis of regulated contracts is ...

Italian who claimed to be a doctor caught by border policemen

Thursday, February 7, 2019

 The Italian who claimed to be a doctor has been identified by the border policemen while trying to leave the country by train, through the Curtici border checkpoint, informed the General Inspectorate of the Border Police (IGPF). "The border policemen from the Curtici checkpoint in Arges County identified an Italian citizen searched by the Romanian authorities in a fraud case," IGPF announced in a release sent on Wednesday.According to this source, on ...

Study: More than a quarter of Romanian children spend over 6 hours a day online

Thursday, February 7, 2019

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More than a quarter (27%) of children in Romania spend over six hours a day online, according to a study by Save the Children Romania. But this number is valid for school days, as the share increases to over 48% if it’s weekend or vacation. The children who spend a lot of time online are more dissatisfied with the relationship with their parents, friends and teachers, as well as with their lives, the same study revealed, according to ...

Premier Dancila starts today a working visit in Brussels

Wednesday, February 6, 2019

Prime Minister Viorica Dancila makes a working visit in Brussels to participate in the plenary meeting of the European Committee of the Regions (CoR) and will have bilateral meetings with Donald Tusk, the president of the European Council and Frans Timmermans, first vice-president of the European Commission. According to a government press release, premier Dancila will present the priorities of Romania’s presidency at the EU Council in the ...

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