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Iohannis: Still see possible a vote on December 8th for Romania's accession to Schengen

Friday, November 25, 2022

President Klaus Iohannis declared, on Thursday, that he sees possible a vote in the JHA Council on December 8 regarding Romania's accession to Schengen."I continue to see this as possible. I think we still have enough time to address, to solve all the problems. It is true that some of our friends have come up with new questions. We are ready to collaborate and we are ready to see a vote on December 8. It's not that there are entirely new issues that have ...

Bogdan Aurescu, Jens Stoltenberg stress importance of NATO and allies continuing support for Ukraine

Friday, November 25, 2022

Minister of Foreign Affairs Bogdan Aurescu had a telephone conversation on Thursday with NATO Secretary General Jens Stoltenberg, in preparation for the meeting of NATO Foreign Affairs Ministers in Bucharest, context in which the two officials talked about the situation in Ukraine among other topics, informs a press release from the Ministry of Foreign Affairs sent ...

Marcel Ciolacu meets president of Spain's Congress of Deputies

Friday, November 25, 2022

The President of the Social Democratic Party (PSD), Marcel Ciolacu, met on Thursday with the President of the Congress of Deputies from the Kingdom of Spain, Meritxell Batet Lamana, with whom he discussed Romania's accession to the Schengen area and the increasing presence of Spanish investors in our country."Today I thanked Mrs. Meritxell Batet Lamana, the president of the Congress of Deputies of the Kingdom of Spain, for Spain's constant support regarding ...

Interior minister Lucian Bode meets German federal interior minister

Friday, November 25, 2022

The Minister of Internal Affairs, Lucian Bode, stated, on Thursday, following a meeting with his German counterpart, Nancy Faeser, that Germany's involvement in supporting Romania's accession to the Schengen area "matters enormously"."For Romania, Germany's involvement in supporting the accession to the Schengen area matters enormously! In this sense, today [Thursday], I had an excellent bilateral meeting in Berlin with Nancy Faeser, Germany's Federal Minister ...

DefMin Tilvar, UK ambassador Noble discuss security situation in the region

Friday, November 25, 2022


Minister of National Defense Angel Tilvar had a meeting with the ambassador of the United Kingdom of Great Britain and Northern Ireland in Bucharest, Andrew Noble, on Thursday, with the two officials addressing, in context, the security situation in the region, informs a press release from the Ministry of National Defense (MApN).According to the cited source, the agenda of the meeting focused on topics related to cooperation within NATO, with an emphasis on ...

British military delegation visits headquarters of 69th Mixed Artillery Regiment Silvania

Friday, November 25, 2022

A British military delegation from the Royal School of Artillery paid a visit, between November 22-24, to the headquarters of the 69th Mixed Artillery Regiment Silvania in northern Simleu Silvania.According to the information on the Facebook page of the regiment in Simleu Silvaniei, the command of this military unit received a visit from a delegation from the Royal School of Artillery in Great Britain, led by Major Harriet Victoria Chapman."The ...

Over 1,500 Romanian, 150 foreign military to participate in 1st of December Parade in Bucharest

Friday, November 25, 2022

 Over 1,500 soldiers and specialists with the Ministry of National Defense, the Ministry of Internal Affairs, the Romanian Information Service, the Special Telecommunications Service and the National Penitentiary Administration, as well as approximately 120 technical means, including 40 aircraft, will participate on December 1, starting at 11:00, at the military parade organized on the occasion of the National Day of Romania, in the Triumphal Arch ...

Deposits of non-government resident customers, companies, slightly down in October

Friday, November 25, 2022


 Deposits of non-government resident customers went down by 0.2 % on a monthly basis to RON 490,803.2 million, while the annual growth rate was 7.1% (down 7.1% in real terms), according to a press statement released by the National Bank of Romania (BNR).RON-denominated deposits of residents, representing 63.6 % of deposits of non-government customers, picked up by 0.3% to RON 312,185.5 million on a monthly basis. In year-over-year comparison, they grew ...

Loans to non-government sector granted by credit institutions decrease by 0.3 percent, in October

Friday, November 25, 2022

  At end-October 2022, loans to non-government sector granted by credit institutions decreased by 0.3 percent (or 1.6 percent in real terms) from September 2022 to RON 363,591.0 million. RON-denominated loans, according to the data of the National Bank of Romania (BNR).RON-denominated loans, representing 70.3 percent of total volume of loans to non-government sector, went down by 0.8 percent, whilst foreign currency-denominated loans, holding ...

Finance Ministry raises RON 1 bln-plus from banks at a yield of 8.06 ppa

Friday, November 25, 2022

The Finance Ministry raised on Thursday RON 1.003 billion from banks through a benchmark bond issue with a residual maturity of 118 months, at an average yield of 8.06 pct per annum, the National Bank of Romania announced.The face value of the issue was RON 400 million, and banks submitted bids worth RON 1.391 billion.An additional bidding session is scheduled for Friday, through which the Finance Ministry intends to borrow another RON 60 million ...

Trade unions, employers' associations accept 3,000 RON increase in gross salary, 200 RON tax-free

Friday, November 25, 2022

The trade unions and employers' associations have accepted, during the discussions in the National Tripartite Council (CNT), the proposal to increase the minimum gross salary to 3,000 RON, with 200 RON tax-free, Minister of Labour Marius Budai announced on Thursday.According to him, the gross salary in construction will increase to 4,000 RON next year."The trade unions and employers' associations have accepted, during the discussions in the CNT, ...

One in five Romanian households spends more than 60 pct of income on rent

Friday, November 25, 2022

Romania is facing a series of undesirable records, as 45 percent of young Romanians live in severe housing shortage, while the percentage at European level is four times lower, shows a diagnostic study on quality, sustainable and affordable housing launched by the Economic and Social Council (CES).Also, one in five households spends more than 60 percent of their income on rent, double the European average. The study recommends the adoption of ten key ...

Bucharest, in the top 50 cities worldwide in terms of street space rents

Friday, November 25, 2022


New York’s Fifth Avenue has reclaimed its position as the world’s most expensive retail street, with average rents of 1.756 euro/sq. m/month according to a new global ranking from real estate services firm Cushman & Wakefield.   Pegging the Hong Kong dollar to the U.S. dollar has helped Hong Kong maintain a high-ranking position in 2022 in second, with Tsim Sha Tsui at €1,261/sq. ...

"West Side Christmas Market" Christmas fair opens on Friday,in Bucharest

Friday, November 25, 2022


The "West Side Christmas Market" Christmas fair opens on Friday, in Drumul Taberei Park, Bucharest, with a show by Gasca Zurli and a spectacular fireworks display.The Bucharest district 6 hall informs in a press release that the Christmas lights installed throughout the park will be lit on Friday, as well as the largest light curtain in Romania. It measures more than 100 metres long and it will be raised to a height of more than 50 metres, on the suspension ...

Iohannis: I agreed with president Levits to intensify cooperation in research, new technologies, education, energy security

Thursday, November 24, 2022


President Klaus Iohannis declared on Wednesday in Riga that he agreed with his Latvian counterpart, Egils Levits, to intensify sectoral cooperation in research and innovation, new technologies, education and energy security, adding that from 1 May 2023, direct flights between Riga and Bucharest will resume.President Iohannis said that bilateral relations with Latvia are excellent and that he informed his Latvian counterpart about the decision to ...

Iohannis on Romania's Schengen accession: If we cannot secure certainty until Dec 8, decision can be postponed

Thursday, November 24, 2022

President Klaus Iohannis declared on Wednesday in Riga that if no certainty for a favorable vote on Romania's Schengen accession is attained until the Justice and Home Affairs Council on December 8, the decision can be postponed by a month or two."I think the date of December 8 was circulated as a final deadline, which it is not. December 8 is the first possibility when this subject can be discussed and my, our interest is that when the vote is ...

President Iohannis starts today ofiicial visit to Lithuania

Thursday, November 24, 2022

President Klaus Iohannis will pay an official visit to Lithuania, on Thursday, where he will meet his counterpart Gitanas Nauseda, as well as Lithuania's Speaker of the Seimas (Parliament) Viktorija Cmilyte-Nielsen.On Friday, on the second day of his visit to Lithuania, the head of state will participate in the symposium called "The Idea of Europe," organised in Kaunas, by the Vytautas Magnus University, where he will deliver a speech within the presidential ...

Spanish PM Sanchez: Spain will send 130 troops and eight military aircraft to participate in operations in the Black Sea region

Thursday, November 24, 2022


  Spain has a clear commitment to security on NATO's eastern flank, Spanish Prime Minister Pedro Sanchez said on Wednesday, as he announced that his country will send 130 troops and eight military aircraft to participate in operations in the Black Sea region."We have a very clear element on the eastern flank in Europe, therefore we will deploy 130 troops and eight military aircraft to conduct operations in the Black Sea region. So ...

PM Ciuca invites new Romania-Spain joint gov't meeting in 2023 in Romania

Thursday, November 24, 2022

 Prime Minister Nicolae Ciuca extended to his Spanish counterpart Pedro Sanchez the official invitation to hold a new joint meeting of the Romanian and Spanish governments next year in Bucharest or another Romanian location.The head of the Bucharest Executive emphasized the importance of continuing the approaches begun by today's signing of several memoranda of understanding."I also pointed out that follow-ups will take place in ...

Joint declaration: Romania and Spain advocate for relevant EU role, in complementarity with NATO

Thursday, November 24, 2022

Romania and Spain are advocating for a European Union that is more capable, responsible and capable of providing support, that will play a relevant role through the implementation of the Strategic Compass and in full complementarity with NATO and by avoiding overlaps, including in the current security context marked by Russia's war of aggression against Ukraine, shows the joint statement signed, on Wednesday, by the heads of the Romanian and Spanish ...

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