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ALDE's suggestion for government formula: ALDE and Pro Romania should each have 4 portfolios

Monday, August 12, 2019

 Vice Chairman of the Alliance of Liberals and Democrats (ALDE), deputy Varujan Vosganian, told a press conference in Iasi on Friday that the Alliance has suggested its major ruling partner PSD a government with 19 ministers, where ALDE and Pro Romania should each have four portfolios, while the Social Democrats should relinquish the Transport or the Regional Development Ministry, as well as either the Education or the Health portfolio.Vosganian also ...

The Court rejected Dragnea's motion, confirming the new Social Democrat leadership

Monday, August 12, 2019

Although in prison, former PSD chairman Liviu Dragnea has filed a complaint at the Bucharest Tribunal, trough his lawyer, challenging the decisions at the PSD Congress regarding the changing statute and electing the new leadership of the ...

PSD Executive Committee to convene on Monday to discuss budget revision 

Monday, August 12, 2019

The Social Democratic Party (PSD) National Executive Committee is due to convene on Monday, with the national budget revision expected to be on the agenda, sources with the majority party said on Friday.The meeting will be held at Parliament Palace, starting at 05:00pm, according to the same sources.The Government on Thursday gave a first reading to a budget revision bill to be approved at the next meeting of the Government.Prime Minister ...

PwCRomania: 64% of the companies in construction consider as ‘cumbersone’ the implementation of the fiscal facilities in the domain

Monday, August 12, 2019

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Almost two thirds (64%) of the companies which activate in Romania in the domain of constructions consider that the implementation of the fiscal facilities for the employees in this sector is a cumbersome proess, due to the lack of clarity of the legal provisions which refer to the way of calculating the turnover, says the survey made by PwC Romania published on Thursday.In the context where the activity of the companies in the construction have difficulty to meet ...

Foreign trade deficit widens by 1.3 billion euros in H1 2019

Monday, August 12, 2019

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In the period 1.I-30.VI 2019, the FOB exports amounted to 34894.3 million euro and the CIF imports amounted to 42586.5 million euro. In the period 1.I-30.VI 2019, the exports increased by 2.7% and imports by 5.7%, compared to the period 1.I-30.VI 2018. In the period 1.I-30.VI 2019, the FOB-CIF commercial deficit was of 7692.2 million euro, 1376.8 million euro more than ...

Arrears of consolidated general budget, down 6.3pct at end-H1

Monday, August 12, 2019

The arrears of the consolidated general budget decreased by 6.3pct in the first 6 months of 2019, from 192.62 million lei in December 2018 to 180.47 million lei in June 2019, according to the data posted on the website of the Ministry of Public Finance.Arrears older than 90 days decreased by 10.13pct in the first half, from 73.1 million lei in December 2018, to 65.7 million lei in June 2019.In June, compared to the previous month, when they totaled ...

Over 500 knights, princesses and puppet masters will enliven the Suceava Throne Citadel during the Festival of Medieval Art

Monday, August 12, 2019

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Some hundreds of professional and amateur artists from the country and abroad will simulate for four days the medieval atmosphere in the Suceava Throne Citadel – home of Stefan cel Mare during the 13th edition of the Festival of Medieval Art to take place between 15th – 18th August.The medieval atmosphere will be created  by over 500 knights, princesses, puppet masters from Romania, Serbia, Hungary, Turkey, Ukraine, the Republic of Moldova with ...

Constanta: handmade products fair ‘ Treasures of the Black Sea’ between 15th – 18th August

Monday, August 12, 2019

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The tourists are expected at the fair of handmade products ‘ Treasures of the Black Sea’ between 15th – 18th August, in the park of the Oleg Danovski theatre of Constanta, event where the atmosphere will be enlivened with Greek music, seafood dishes, special wines, informed on Friday the local administrationAt the same time, food lovers will be presented with seafood dishes, together with wines from the Conu Albu- Viisoara  winery.The ...

Iohannis, campaign start at PNL : "I assume as a national objective this vision of functional Romania, of normal Romania"

Friday, August 9, 2019

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President Klaus Iohannis presented, on Thursday, at the National Liberal Party's National Council meeting, the vision for Romania and gave assurances that he will not appoint a government that does not take responsibility for its desiderata and that he will build a new majority."Dear Liberals, dear Romanians, I urge you to rebuild Romania! The vote I hope you will give me in the presidential elections is a vote for this vision that we have together for our ...

Liviu Dragnea contests in court new PSD leadership

Friday, August 9, 2019

Liviu Dragnea presented in court an intervention for the cancellation of Viorica Dancila's Mihai Fifor's election in positions of president and general secretary of the Social Democratic Party ( ruling party) at PSD Congress. The former PSD leader sent to Bucharest Court a request in the case in which PSD asked the court to register the new party leadership in the Political Party Register.  Bucharest Court analyzes the PSD ...

Budget revision to be adopted in Gov't's next meeting

Friday, August 9, 2019

 The budget revision was presented at first reading at the Government meeting on Thursday and is to be adopted at the next meeting of the Executive, announced the spokesman of the Government, Nelu Barbu."The budgetary revision was presented at first reading in the Government meeting today. It is about the ordinance on the budget revision, namely the ordinance on the rectification of the state social insurance budget. Both documents were presented at first ...

BNR: Inflation rate is expected to reach 4.2 percent at the end of 2019

Friday, August 9, 2019

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The annual CPI inflation rate is expected to reach 4.2 percent at the end of this year, 3.4 percent in December 2020 and 3.3 percent at the projection horizon, specifically in Q2 2021, according to the National Bank of Romania's Inflation Report.According to the document, volatile food prices (vegetables, fruit and eggs) are projected to grow 11.4 percent by the end of the current year and 2.9 percent by the end of 2020, with growth rates relatively similar to ...

Isarescu:  lending growth pace drops below 8 pct in past months

Friday, August 9, 2019

Romania does not register a drop in lending, but a reduction in the lending growth pace below 8 pct in the past months, on Thursday said the Governor of the National Bank of Romania (BNR) Mugur Isarescu, when displaying the quarterly inflation Report."An annual growth of 8 per cent. It's not much, considering it is a nominal growth of the lending....If we consider an economic growth of 4-5 pct plus a 4 pct inflation, it is slightly below the GDP's nominal growth. ...

The Fiscal Council warns that there are significant risks of exceeding the deficit target of 3% of GDP

Friday, August 9, 2019

The Fiscal Council has criticised the ...

Oracle Romania CEO facing bribery charges in investigation by anti-corruption agency

Friday, August 9, 2019

The CEO of Oracle Romania, Sorin Mindrutescu, was brought to the National Anti-Corruption Agency (DNA) on Wednesday evening after agents searched the Oracle offices for evidence related to a bribery investigation. The DNA has released an official statement confirming that Oracle Romania CEO Sorin Mindrutescu is under investigation for bribery. Prosecutors say that Mindrutescu received EUR 869,000 in bribes in eight different ...

Medieval Festival at Sighetu Marmatiei, August 9-10

Friday, August 9, 2019

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Sighetu Marmatiei will host the 9th edition of Medieval Music and Art Festival, where many tourists will participate, according to local Councilor Daniela Onita Ivascu. Organizers say that for two days the town will be fairyland, with damsels and  knits, dances and period music. The event will take place in the Central Park of the town, and will open on Friday, 11.00 p.m, followed by events like medieval dances, chess demonstrations, interactive ...

About 30 shows at FEST(in) on Boulevard, over October 11-20

Friday, August 9, 2019

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About 30 shows of companies and theatres from 5 counries – Romania (Arad, Braila, Bucharest, Cluj Napoca, Craiova, Deva, Pitesti, Ploiesti, Satu Mare, Targoviste), Russia, Bulgaria, Israel and Germany, can be seen at the 7th edition of FEST(in) on Boulevard, held over October 11-20, Nottara Theater, the organizers of the even inform. This year's edition has 8 sections: “Femininity crisis”, “Comedy Boulevard”, a competitive ...

Heat wave, thermal discomfort to grip Romania throughout Sunday noon

Friday, August 9, 2019

The National Weather Administration (ANM) issued on Thursday a heat wave and thermal discomfort warning to be in place nationwide in Romania throughout Sunday afternoon.According to the forecast, August 8, 12:00hrs to 11 August, 20:00hrs, the heat wave will expand, and in the afternoon thermal discomfort will be high and the temperature-humidity index will reach or slightly exceed a critical 80 in the southern half of the country and on smaller areas in the rest ...

EP President Sassoli : The voice of Alexandra calling for help în vain terrifies not only Romania but the whole of Europe

Thursday, August 8, 2019

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Hearing the voice of Alexandra Macesanu calling for help in vain horrifies not only Romania, but the whole of Europe, David Sassoli, president of the European Parliament said in a Facebook post on Wednesday. He referred to the murder case of teenager Alexandra in the Southern Romanian town of Caracal two weeks ago, a case which shocked Romania as authorities failed to save the girl despite her calls for help.EP President Sassoli said that the application of new, ...

PSD's Paul Stanescu: underworld networks are known in Olt

Thursday, August 8, 2019

The social-democrat (PSD- ruling party) senator Paul Stanescu, former chairman of the Olt County Council, stated on Monday that the existence of some underworld clans is known in Olt,  as there are politicians who could directly be accused of connections with such groups. He added that the politicians are guilty for the destruction of the Romanian Police.  ‘The dissolution of the Romanian state is strongly felt ...

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