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FinMin: European money is not for pensions, salaries

Wednesday, July 29, 2020

Finance Minister Florin Citu said on Monday evening that a team must be readied by October, that will meet with President Klaus Iohannis on a weekly basis and will prepare programs eligible for EU financing, so that not a dime from the European funds goes lost."A huge success achieved by the President of Romania in Brussels, this amount of 80 billion euros, which comes in two categories - 46.7 billion for the budget for the next seven years, and the remaining ...

General gov't deficit reaches 4.17pct of GDP in H1 2020

Wednesday, July 29, 2020

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 Romania's consolidated budget showed a deficit equivalent to 4.17% of the projected 2020 gross domestic product (GDP) in the first half of the year, compared to a gap of 1.94% of GDP in the like period of 2019, the finance ministry said on Tuesday. Almost half of the deficit was generated by exceptional spending by the government in order to curb the economic effects of the coronavirus pandemic, the finance ministry said in a press ...

I guarantee we will not ask IMF for help in 2020, FinMin Citu says

Wednesday, July 29, 2020

Romania will not ask the International Monetary Fund (IMF) for help in 2020, Minister of Public Finance Florin Citu stated on Monday. "We will not go to the IMF. We have managed to finance the deficit, which is a first for Romania in the past 30 years, and for many other of the world economies, without asking for help. I guarantee that we will not go to IMF for help," Citu told B1 TV private television broadcaster.The head of Finance also answered a series of ...

TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD JULY – SEPTEMBER 2020

Wednesday, July 29, 2020

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*Moderate increase of activity in industry and retail trade *Moderate increase in the number of employees in construction and retail trade *Price growth in retail trade Manufacturing According to the business tendency survey of July 2020, managers from the manufacturing industry forecast a moderate growth of the production ...

Share of innovative enterprises increases by 4.4 pct in 2016-2018 period

Wednesday, July 29, 2020

The share of innovative enterprises among total enterprises has increased, in the 2016-2018 period, over the 2014-2016 period, by 4.4 percentage points, according to data of the National Institute for Statistics published on Tuesday. A quarter of the total number of employees have had activity in an innovative enterprise.The largest share of innovative enterprises among total enterprises was recorded in the Bucharest-Ilfov region - 25.5 pct and the North-West ...

Blue Air cancels 64 flights Romania - Italy, Romania - Cyprus

Wednesday, July 29, 2020

Blue Air will cancel 64 flights to Italy and Cyprus, scheduled between August 3 and 31, 2020, in the context of the restrictions imposed by the authorities of the two countries, informs the low-cost air operator."Following the decision of the Italian and Cypriot authorities to introduce the mandatory 14-day self-isolation measure and the medical surveillance for all persons arriving from Romania or who have been in transit through our country in the last two ...

Romania exports silk worth almost 23 million euro 4 months into 2020

Wednesday, July 29, 2020

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 Romania exported in the first four months of 2020 silk worth 22.8 million euro, 31 percent less compared with the similar period of the previous year, according to the data released by the National Institute of Statistics (INS).On the other hand, the silk imports stood at 24.3 million euro (minus 28.9 percent), thus resulting in a deficit of 1.5 million euro.Silk exports went entirely to EU countries (22.7 million euro), the main destination ...

Director Cristi Puiu, on jury of Venice International Film Festival 2020

Wednesday, July 29, 2020

 Filmmaker Cristi Puiu is part of the international jury of the 77th edition of the prestigious Venice International Film Festival (September 2-12, 2020), according to the event organizers, informs a press release by Mandragora production company on Sunday.Cristi Puiu accepted the invitation of the director of the Venice International Film Festival, Alberto Barbera, and was appointed member of the international jury of the prestigious event for the 2020 ...

Famous Conductor, Camil Marinescu, dies of COVID-19

Wednesday, July 29, 2020

Camil Marinescu, one of the most famous Romanian contemporary conductors has died “after a three-week battle with the Covid-19 virus”, his brother Ciprian Marinescu has announced on Facebook on Monday. “Unfortunately, after a three-week battle with the Covid-19 virus, my beloved brother has passed away today at 6 a.m.,” says his brother’s Facebook post. Camil Marinescu was born in Bucharest ...

Deputies' Chamber: Extraordinary session prolonged until August 19

Tuesday, July 28, 2020

The Deputies' Chamber's standing bureau on Monday adopted the prolongation of its extraordinary session until August 19. The proposal came from the Speaker of the Chamber, Marcel Ciolacu. "I propose you to convoke an extraordinary session of the Deputies' Chamber on August 1, 10.00 am, for the period August 1-19," Ciolacu said in his note that has been approved by the standing ...

Chamber: Date of parliamentary elections - set by organic law by at least 60 days in advance

Tuesday, July 28, 2020

The plenum of the Chamber of Deputies passed, on Monday, the draft law according to which the date of the elections for the Senate and the Chamber of Deputies, organized as a result of the expiration of the current mandate of Parliament, is established by organic law by at least 60 days in advance. As many as 180 deputies voted "for", 26 voted "against" and 61 abstained.The draft law on some measures for organizing elections for the Senate and the Chamber of ...

EU Public Prosecutor's Office (EPPO): Council appoints European prosecutors

Tuesday, July 28, 2020

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The Council Monday appointed the European prosecutors of the European Public Prosecutor's Office, in which Romania will also be represented by Catalin-Laurentiu Borcoman, according to the institution's website. The prosecutors will supervise investigations and prosecutions and will constitute the EPPO College, together with the European Chief Prosecutor. European prosecutors are appointed for a non-renewable term of six years. ...

Preparations for local elections start on Wednesday

Tuesday, July 28, 2020

The preparations for this year's local elections scheduled for September 27, start on Wednesday, Chairman of the Standing Electoral Authority (AEP) Constantin-Florin Mituletu-Buica announced on Monday."Starting the day after tomorrow, [July] 29, the pre-electoral period begins when all the parties that want to compete as well as the independent candidates can register their financial agents, open and declare their accounts to the Standing Electoral Authority. On ...

PNL, URS, PLUS sign protocol to support common candidates to Galati City Hall, County Council

Tuesday, July 28, 2020

Chairmen of the county branches of the PNL (National Liberal Party), USR (Save Romania Union) and PLUS (Liberty, Unity, Solidarity Party) on Monday signed a protocol to support the same candidates for the Galati City Mayor and Galati County Council President offices.The three parties' candidate to the Galati City Hall will be the USR Deputy Bogdan Rodeanu and the candidate for the office of President of the Galati County Council will be PNL Senator George ...

Nicusor Dan: if the  right does not have one common candidate for the sectors, the PSD mayors will have the best chance

Tuesday, July 28, 2020

If PNL, USR-PLUS and PMP will not have one common candidate for the sector townhalls, the present PSD mayors will have the first chance in the local elections in Bucharest, considers the candidate for Bucharest, Nicusor Dan. I hope that these negotations be finalized positively. Firstly, in February we had the same  discussion with regards to  a single candidate for Bucharest Townhall and at the beginning of March it was announced that these ...

GCS: 1,104 new coronavirus infection cases

Tuesday, July 28, 2020

 The Strategic Communication Group (GCS) reports on Monday that 1,104 new cases of persons infected with the novel coronavirus were recorded, over the previous informative bulletin, following tests done at the national level. The are cases that have not had a previous positive test, the GCS mentions.Until Monday, on Romanian territory, there were 45,902 confirmed cases of persons infected with the novel coronavirus. The GCS mentions that 25,794 patients were ...

Government, discussing possibility of imposing obligation to wear masks in crowded outdoor public spaces

Tuesday, July 28, 2020

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Prime Minister Ludovic Orban said on Monday about the situation at the seaside that there are several measures under analysis, indicating, among other things, the obligation of wearing a mask in very crowded outdoor public spaces."There are several measures under analysis, limiting the program for terraces, clubs, respecting the distancing rules. It is very difficult to identify whether a group of people represents a family or not and then we could impose ...

Faget, the first Romanian city under quarantine again as COVID-19 situation deteriorates

Tuesday, July 28, 2020

Faget, a town in Timis county, western Romania, is the first city placed under quarantine under the new ...

Neobility: COVID-19 crisis, extremely positive over alternative mobility

Tuesday, July 28, 2020

The COVID-19 crisis was extremely positive over everything that means alternative mobility and shed a lot of light on the fact that there is something else than owning a car and keeping it parked in front of the block of flats, said, on Monday, in a specialty videoconference, Andrei Clodius, product director at UrbanAir, as part of Neobility."The COVID-19 crisis (...) has brought a lot of awareness and has practically shed a lot of light also over the fact that ...

FinMin Citu: increase in allowances pending approval, to be communicated soon at gov't meeting

Tuesday, July 28, 2020

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The decision regarding the increase in child allowances is pending approval and it will be communicated at the Government meeting as soon as probably, the Ministry of Finance, Florin Citu, stated on Monday, adding that the increase will take place in stages, in order not to endanger the stability financial at this point."In respect to the increase in the allowances, the decision is now pending approval and it will be communicated by the PM at the government ...

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