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Number of new jobs posted in Q1 down to 75,000, number of applications up to 3 million

Wednesday, April 3, 2024

The number of new jobs posted since the beginning of the year has fallen by almost 10% compared to the same period last year, to 75,000 jobs, with almost a third of these coming from retail employers, according to eJobs.The second most active employer in the first quarter was services, with 10,000 jobs posted, while call-center/BPO ranked third, followed by travel, food and construction."Tourism is a sector that has soared up the rankings in the ...

Industrial production prices fall by 6.3 pct in February

Wednesday, April 3, 2024

 The prices of industrial production in total (domestic market and foreign market) decreased by 6.3% in February 2024, compared to February 2023, and by 0.8% compared to the previous month, according to the data published on Tuesday by the National Institute of Statistics (INS).According to the cited source, at the level of the domestic market, the price index of industrial production registered a decrease of 1.23% in February, compared to January 2024, ...

Romania could triple data center market in next three years 

Wednesday, April 3, 2024

Romania could triple or even increase its data center capacity by seven to eight times in the next three years, after several investors have announced the construction of new projects in Bucharest in recent months, believes Mihai Manole, general director of Tema Energy , according to a company statement.Last year, several relevant players announced their intentions and started projects to implement large data centers. Bucharest is the chosen locality in ...

NATO marks 75th anniversary in ceremony also celebrating Romania's accession

Tuesday, April 2, 2024

 NATO is marking the 75th anniversary of its founding on Thursday, on the second day of a meeting of foreign ministers from member countries, at a ceremony at the Alliance's headquarters in Brussels, which will also mark the 25th, 20th and 15th anniversaries of the accession of no fewer than 12 countries, including Romania.The ceremony will take place at the NATO headquarters on Thursday morning and will be preceded by a wreath-laying ceremony attended by NATO ...

Romania has not allocated funds for Ukrainian refugees in 2024

Tuesday, April 2, 2024

Romanian authorities have not allocated any financial aid to Ukrainian refugees so far in 2024, the General Inspectorate for Emergency Situations (IGSU) has announced quoted by www.euractiv.com.   Ukrainian refugees seeking shelter in Romania received some financial support in February, but these were outstanding payments from the end of 2023, IGSU said. Regarding expenses for January and February 2024, IGSU ...

Moldova, Romania, US Troops Unite for JCET-2024

Tuesday, April 2, 2024

The Moldovan Ministry of Defense has announced a multinational exercise, “JCET 2024”, where National Army soldiers will train alongside counterparts from Romania and the United States of America, according to Moldova`s Defense Ministryquoted by https://azertag.az/.   Scheduled for April 1-19, the exercise will take place at National Army training centres. Its objectives are joint training, knowledge exchange between Moldovan, Romanian, and ...

AEP:18,965,288 enfranchised citizens on March 31

Tuesday, April 2, 2024

The Permanent Electoral Authority (AEP) announced on Monday that the total number of enfranchised citizens registered in the Electoral Register on 31 March stands at 18,965,288, 24,454 more than the last information at the end of February.According to an AEP press release, 18,940,834 Romanian voters were registered on 29 February.The differences appear as a result of the current operations carried out by mayors in the Electoral Register of ...

Romanian voters abroad can register online

Tuesday, April 2, 2024

Romanian voters who want to vote in this year's presidential and/or parliamentary elections by mail or at a polling station abroad closer to their home or residence can register online on the www.votstrainatate.ro portal starting today, the Standing Electoral Authority (AEP) reported on Monday.The portal includes two sections: the election of the President of Romania and the election to the Senate and the Chamber of Deputies. Within each section there are two categories: ...

Ciuca: If the party asks me to run for president I will do so

Tuesday, April 2, 2024

The PNL (liberal party – at rule) chairman, Nicolae Ciuca stated on Monday that the party is sovereign and, if he is required to run for the presidentialelections, he will do so.Nicolae Ciuca was asked if he will run for the presidential elections of this year, after the MEP Rares Bogdan said that he had to do this if the party asked him to.‘If the party requires this, the party is sovereign in such situations and I will do so’ Ciuca stated, at ...

CURS survey : 21% of the electors consider that incomes should be the main issue to be mainly approached by the government

Tuesday, April 2, 2024

Income is considered the main issue to be approached with priority by the government, 21% of the electors mentioning it, according to a CURS survey published on Sunday.Asked which are the main issues of the country which should be approached with priority by the government, 21% of the interviewees spoke about income (pensions, salaries) living standard, 10% - health, hospitals, 10% - corruption, fraud, special pensions, 10% - ...

ING: National Bank of Romania preview: We could see hints of a cautious easing cycle ahead

Tuesday, April 2, 2024

  The National Bank of Romania will most likely hold rates steady in April and leave the beginning of the cutting cycle for the May meeting, https://think.ing.com/ reads.   Policymakers could still keep a relatively hawkish tone due to a number of factors: inflation surprised mildly to the upside so far in the year, private consumption seems to be ...

Forex reserves advance to EUR 64.279 bln in March 2024

Tuesday, April 2, 2024

As of end-March 2024, the forex reserves of the National Bank of Romania (BNR) stood at 64.279 billion euros, up 1.82 pct up from 63.128 billion euros at the end of February 2024, the central bank announced in a release sent to AGERPRES on Monday.Inflows recorded in March 2024 amounted to 1.789 billion euros, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the accounts of the Ministry of Public Finance and ...

Arrears to general consolidated budget down 8.8 pct in February 2024

Tuesday, April 2, 2024

  Arrears to the general consolidated budget decreased by 8.8% in February 2024, compared to the previous month, to 320.1 million RON, from 351 million RON in January, according to data published on the Ministry of Finance (MF) website.Arrears over 90 days decreased by 17.32%, from 140.3 million RON to 116 million RON, those over 120 days decreased by 2%, from 135.3 million RON in January 2024 to 132.6 million RON in February 2024. Arrears over 360 days ...

Ministry of Finance plans loans of 6.78 billion RON from banks in April 2024

Tuesday, April 2, 2024

The Ministry of Finance (MF) has planned, in April 2024, loans from commercial banks in the amount of 6 billion RON, to which the amount of 780 million RON can be added through additional sessions of non-competitive offers, related to bond auctions.The total amount, of 6.78 billion RON, is 260 million RON higher than the one that was scheduled in March 2024, of 6.52 billion RON, and will be intended for refinancing the public debt and financing the budget deficit of ...

FIC:Situation of public finances remains fragile and generates concern

Tuesday, April 2, 2024

The situation of public finances remains fragile and generates concern that the budget deficit target for this year risks not being reached, and the reduction of the deficit should be achieved through a mix of measures that also target the area of budget expenditures and, above all, fiscal administration in order to obtain a greater collection of existing taxes, Chairman of the Foreign Investors Council (FIC) Daniel Anghel said on Monday after a meeting of investors with the minister ...

CNSP:In medium term economic growth to be supported especially by investments

Tuesday, April 2, 2024

Economic growth for 2024 is estimated at 3.4%, and in the medium term the GDP advance will be supported by external funds coming through the National Recovery and Resilience Plan (PNRR), through governmental investments, investments in infrastructure, but also private consumption, with an evolution slightly below economic growth, the president of the National Commission for Strategy and Forecast (CNSP), Cristian Stanica told a Monday's event."For the year 2024, the ...

INS: Double-digit inflation in Romania unlikely soon

Tuesday, April 2, 2024

 A double-digit inflation rate in Romania will fortunately be unlikely moving forward, as currently inflation is on a downward curve, according to Chairman of the National Institute of Statistics (INS) Tudorel Andrei."In terms of inflation, fortunately we are on a downward curve. A double-digit inflation rate of over 10% will probably be unlikely moving forward," Andrei told the release of the "Romanian Entrepreneurship Index H1 2024," the newest survey of the Romanian ...

Romania is a new gateway for Azerbaijani gas to Europe

Tuesday, April 2, 2024

In light of geopolitical turmoil and Europe's growing dependence on alternative energy sources, Romania has suddenly become a key player on the energy chessboard. Bordering the Black Sea, this country is positioning itself as a new gateway for Azerbaijani gas supplies to Europe, playing a vital role in ensuring the continent's energy security,https://turan.az/ reads.   Azerbaijan is a producer and exporter of gas, and ...

Romania joins Schengen with its air and sea borders

Monday, April 1, 2024

On the night between Saturday and Sunday, as of 12.00 am, Romania joined the Schengen Area with its air and sea borders.In Bucharest, this moment was marked by an event that will take place at the "Henri Coanda" - Otopeni International Airport, at the Departures terminal.A similar event was scheduled, on the night between Saturday and Sunday, at 11.30 pm, at the "Avram Iancu" ...

Ministry of National Defence: Possible drone elements identified in Great Braila Island

Monday, April 1, 2024

The Ministry of National Defence (MApN) informs that, on Thursday evening, some elements that seem to come from a done were discovered on an agricultural plot of land in the Great Braila Island.In this context, the MApN, alongside other specialized structures within the National System for Defence, Public Order and National Safety, are investigating into the incident, according to the specific operational procedures.    Prime minister ...

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