RSS
Daily
U.S. and Romanian Forces Strengthen NATO Airspace Defense with Exercise Southern Shield
Monday, November 25, 2024
U.S. Army Soldiers from Alpha Battery, 1st Battalion, 57th Air Defense Artillery Regiment, are currently participating in a combined U.S. and Romanian Short Range Air Defense (SHORAD) exercise that began on Nov. 14, 2024, https://www.europeafrica.army.mil/ ...
Defence Minister - meeting with Airbus representatives
Monday, November 25, 2024
The Minister of National Defence, Angel Tilvar, met with a delegation of Airbus at the Ministry of Economy, the main topic of the talks being focused on the status and prospects for the development of industrial cooperation between Romanian economic representatives and the French company, with a focus on the aeronautics sector. Minister Tilvar expressed the entire openness of the military institution to involve state and private economic agents ...
Gov't okays list of significant public investment projects included in 2025 state budget
Monday, November 25, 2024
The Government approved on Thursday the list of significant public investment projects that will be the basis for the drafting of the state budget law for the year 2025.According to a press release from the Government, the list was approved by memorandum, at the proposal of the Ministry of Finance."These projects reflect the Government's priorities and are selected based on the high economic and social benefits. The principles of ...
Gold prices hit a new all-time high of 415.3204 lei/gram; the leu appreciated against the euro
Monday, November 25, 2024
The gold gram appreciated on Friday by 9.4105 lei (2.32%) getting to a quotation of 415.3204 lei, from 405.9099 lei as the National Bank of Romania (BNR)had announced, registering again a record value. National currency appreciated on Friday, by comparison to Euro, which was calculated by the BNR at 4.9759 lei, dropping by 0.07 bani ( - 0.01%), against the previous quotation of 4.9766 ...
Approx. 43pct of the German companies in Romania forecast a worsening of the economic situation in 2025
Monday, November 25, 2024
Approximately 43% of German companies in Romania forecast a worsening of the economic situation in the next 12 months, while 44.8% believe that the situation will remain unchanged, shows a survey by the Romanian-German Chamber of Commerce and Industry (AHK Romania), conducted in the fall of this year.According to a press release of the organization, the survey assesses the main factors that define Romania as an investment ...
More than half of active enterprises had their main activity provision of market services
Monday, November 25, 2024
More than half of the total number of active enterprises, respectively 52%, had market services as their main activity in 2023, and this sector also recorded the highest average number of employees, representing 39.1% of the total, according to a press release from to the National Institute of Statistics, sent on Friday.The total number of enterprises increased by 5.8% in 2023 compared to 2022. At the end of 2023, the industry sector totaled 63,112 ...
Survey: 6 out of 10 employees have returned to working full-time in the office
Monday, November 25, 2024
* Top managers are the most frequent attendees. The return to the office continues to grow this year as employees increasingly feel the need for direct interaction with colleagues, and employers implement strategies that encourage a full-time return to the office while balancing the hybrid model. According to a survey ...
National Museum of Art of Romania: Inauguration of the Oriental Art Gallery
Monday, November 25, 2024
Minister of culture, Raluca Turcan, on Friday said that the inauguration of the Oriental Art Gallery, which opened its doors to the general public on Friday, represents a commitment that has been met, while she was also emphasising that we must be proud of our country's cultural heritage every day."The creation of this new permanent exhibition is the result of a community effort in which museographers, restorers, technicians and management staff from ...
PM Marcel Ciolacu to meet with PM of Hungary: I want to complete my mandate with Romania's entry into Schengen
Friday, November 22, 2024
Prime Minister Marcel Ciolacu, accompanied by members of the Cabinet, will be on a working visit to Hungary on Friday, where he will have consultations on the process of Romania's full integration into the Schengen Area.He will meet his Hungarian counterpart, Viktor Orban."I want to complete my mandate by obtaining the decision on Romania's full entry into Schengen. In this sense, I will meet with my Hungarian counterpart and with officials from Hungary, the ...
Schengen: MEPs to reiterate call for full membership for Romania and Bulgaria
Friday, November 22, 2024
MEPs are set to call on EU countries to admit Romania and Bulgaria as full members of the Schengen area without further delay, https://www.europarl.europa.eu/ reports. In a debate with the Commission on Tuesday afternoon, MEPs are expected to urge the Council to swiftly finalise the work on Romania and Bulgaria’s full accession to the Schengen free-travel area. Border checks between the two ...
U.S. Ambassador Kathleen Kavalec Remarks to the Media in Response to Press Questions on F-35 LOA signing
Friday, November 22, 2024
Romanian Government, November 21, 2024 Question: How soon do you think that these F-35 airplanes could represent a performance for our country? How quickly would we be able to see an effect?Answer: As I said in my remarks, we expect that it will take some time to acquire the planes and get them here. We expect by 2030 ...
DefMin Tilvar: The F-35 aircraft is a central element of our national security strategy
Friday, November 22, 2024
The F-35 aircraft will represent not only a symbol of the competitiveness of the Romanian Air Force at the Black Sea, but also a "central" element in our country's national security strategy, the minister of national defence, Angel Tilvar, stated on Thursday, after signing, together with the US Ambassador to Romania, Kathleen Kavalec, the Protocol regarding the launch of the Romanian Air Force's transition programme to the 5th generation aircraft, the F-35.Prime minister ...
POLITICO: How to watch the Romanian election like a pro
Friday, November 22, 2024
*Romanians are heading to the polls for the next three weekends in a row, with all eyes on the far-right AUR party, https://www.politico.eu/ reads. Will Romania join the global swing to the hard right? That’s the key question as voters head to the polls three times over the coming weeks to elect a new president and parliament, after a polarizing campaign pitched ...
Presidentials 2024/AEP: Voting starts abroad; first polling station opens in New Zealand on Friday
Friday, November 22, 2024
AEP – the Permanent Election Authority, announced thatvoting for presidential elections begin abroad, the first polling station being opened on Friday, in New Zealand at Auckland, 1.00 a.m. Romania time. According to an AEP press release, voting abroad for the first round of presidential elections will take place as follows: on Friday, November 22, between 12.00 a.m and 9.00 p.m, local time, on Saturday, November 23, and Sunday November 24, ...
New AtlasIntel poll: Ciolacu Leads Presidential Race; Simion, Lasconi Vie for Second
Friday, November 22, 2024
Marcel Ciolacu is still the favorite in the presidential race and opens the ranking with a score of 24.3%, according to a survey conducted by AtlasIntel between November 15-20 and obtained exclusively by HotNews.ro. George Simion (AUR) and Elena Lasconi (USR) are ...
Government: State Treasury Budget for 2025, approved
Friday, November 22, 2024
On Thursday, the government approved the budget of the State Treasury for the year 2025, establishing revenues of 1.38 billion RON and expenses of 1.29 billion RON, with a surplus of 86.045 million RON.On Thursday, the government approved the budget of the State Treasury for the year 2025, establishing revenues of 1.38 billion RON and expenses of 1.29 billion RON, with a surplus of 86.045 million RON.The revenues of the State Treasury budget for the year 2025, ...
Fiscal amnisty extended until December 19, 2024
Friday, November 22, 2024
The deadline for applying fiscal amnisty was extended until December 19, 2024, but the deadline for notes communicating the intention to benefit from aministy remains November 25, 2024, the Finance Ministry announced on Thursday, when the government approved a document in that respect. According to the source, bills approved on Thursday have in view the extension of the mechanism to allocate loans from privatization incomes for non eleigible expenses ...
Romania's trade deficit with Poland 4 M euros in end-2023
Friday, November 22, 2024
Romania's trade deficit with Poland reached 4 billion euros at the end of last year, while we imported 7.3 billion euros and exported 3.6 billion euros, said Ovidiu Ioan Silaghi, secretary general of the Romanian Chamber of Commerce and Industry, on Thursday."Obviously, the figures do not look that good for us. We notice a constant increase in trade after the pandemic, but at the end of 2023 our import accounted for 7.3 billion [euros - editor's note] from Poland and our ...
Government approves new Energy Strategy of Romania 2025-2035, with perspective of 2050
Friday, November 22, 2024
The government approved, in Thursday's meeting, the new Energy Strategy of Romania 2025-2035, with the perspective of 2050, announced the Minister of Energy, Sebastian Burduja."After 17 years, today we took an essential step: the Government approved the new Energy Strategy of Romania 2025-2035, with the perspective of 2050. It is more than a document - it is the vision for a safe, competitive and clean future in the field of energy, for the Romania of tomorrow. A plan of ...
Commission approves EUR 578 ml Romanian state aid scheme to support energy-intensive companies
Friday, November 22, 2024
The European Commission approved on Thursday under EU state aid rules a EUR 578 million (RON 2.9 billion) Romanian scheme to lower an electricity levy rate for energy-intensive companies, the Community Executive said in a release.The scheme is aimed at mitigating the risk that, due to this levy, energy-intensive companies may relocate their activities to locations outside the EU with less ambitious climate policies.In 2011, Romania introduced ...