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Suciu: BNR tries to reduce inflation expectations by increasing monetary policy interest rate
Wednesday, January 12, 2022
The Romanian Central Bank (BNR) tries to reduce inflation expectations by increasing the monetary policy interest rates and slow down price increases for other components, in conditions in which over 70% of the inflation component is determined by energy prices, said Dan Suciu, the BNR spokesman at Radio Romania News, according to Rador. He said that an increase of generalized interest rate takes place ...
Most Romanians consider they have a good state of mind; parents and young pros most satisfied
Wednesday, January 12, 2022
Most Romanians declare satisfied of their state of mind, the most important category being that of parents (70%) and of young professionals (61%), according to data of a specialized study released on Tuesday. According to Reveal Marketing Research, at the opposite pole we find people aged over 55 who declare dissatisfied of their state of mind (13% of people ...
BestJobs: Higher pays, 25 pct more jobs on Romanian labor market last year
Wednesday, January 12, 2022
Last year saw higher pays on the Romanian labor market, 25 percent more jobs and an increased interest in remote work, while 2022 is expected to add momentum to talent competition, bring new additional perks, while employees will change jobs more often, reveals a survey by online recruitment platform BestJobs."The tendency of Romanian employees to seek new job opportunities, digitalization and remote work have led to significant changes on the labor market ...
Average total monthly income, 5,704 lei per household in Q3, 2021
Wednesday, January 12, 2022
The average total monthly income per Romanian household was 5,704 lei in Q3, 2021- 2,256 lei per person, shows data released on Tuesday by the National Institute of Statistics (INS).The total expenditures of the population in Q3, 2021 were on average 4,939 lei per month per household (1,954 lei per person) and represented 86.6% of the total income level.According to INS, household money income was on average 5,362 lei per month (2,121 lei per ...
Romania ranks 3rd in the world in the top of the best countries for remote work and travel
Wednesday, January 12, 2022
As more people embrace flexible working environments and set their sights on their next ‘workation’ (AKA, a vacation that blends leisure and remote working), travel search engine momondo.ro reveals ...
Prime Minister Ciuca, Pakistani Foreign Minister - talks on prospects for expanding bilateral relations
Tuesday, January 11, 2022
Prospects for expanding and consolidating Romanian-Pakistani bilateral relations were on Monday's agenda of talks at Victoria Palace of Government between Prime Minister Nicolae Ciuca and Foreign Minister of Pakistan Makhdoom Shah Mahmood Hussain Qureshi.The head of diplomacy of the Islamic Republic of Pakistan is visiting Bucharest at the invitation of Romanian Foreign Affairs Minister Bogdan Aurescu. It is the first visit carried out by a Pakistani foreign ...
ForMin Aurescu: There is a legitimate concern over Russian forces massing near Ukraine border
Tuesday, January 11, 2022
There is a legitimate concern on the part of the allied states, including Romania, regarding the massing of Russian forces in the vicinity of Ukraine, in the Black Sea region, a massing of troops that is substantial, unprovoked and unjustified, the Minister of Foreign Affairs, Bogdan Aurescu, said on Monday.Minister Aurescu held a joint press conference with Pakistani counterpart Makhdoom Shah Mahmood Hussain Qureshi on Monday.He said that "a ...
Abolition of SIIJ, amending Laws of Justice, discussed by Predoiu with French ambassador
Tuesday, January 11, 2022
The Minister of Justice, Catalin Predoiu, met on Monday with Laurence Auer, the French Ambassador to Romania, in which context they discussed, among other things, the abolition of the Justice Crimes Investigation Section (SIIJ), amending the Laws of Justice and the Criminal Code and the Code of Criminal Procedure.According to a press release sent on Monday, Minister Predoiu reiterated his support for the objectives of the current French presidency of the EU ...
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
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
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
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 ...