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Report: Value of transactions with government securities settled in 2020 rise to 2.8 billion lei

Friday, April 9, 2021

The value of transactions with government securities settled in 2020 increased significantly compared to the same period of 2019, reaching 2.8 billion lei, compared to 4.091 million lei in the previous year, due to the processing of two primary public offers for the sale of government securities to the population by the Ministry of Public Finance.According to the report of the Financial Supervisory Authority (FSA) on the evolution of the capital market in ...

BNR: financial assets of the public administration sector, up 3.6 percentage points in Q4 2020

Friday, April 9, 2021

  The financial assets of the public administration sector, expressed as a share in the Gross Domestic Product, increased by 3.6 percentage points, reaching 26%, according to the data of the National Bank of Romania (BNR).Financial assets of the public administration sector, expressed as a share of Gross Domestic Product, increased by 3.6 percentage points to 26%. The public administration's deposits and cash increased by 2.1 percentage points ...

Topoloveni plum jam sells in 20 states, 10 years after obtaining Protected Geographic Indication European certification

Friday, April 9, 2021

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The plum jam of Topoloveni has managed to reach 20 states, after obtaining the certification from the European Commission with the Protected Geographic Indication (PGI), thus placing Romania among the countries with an important voice in the matter of quality food, according to a press release sent by the company."The first Romanian product with PGI and, for 6 years, the only one, the Topoloveni plum jam managed to place Romania among the countries with an ...

Gov't to extend alert state on Thursday; We will decide also on Orthodox Easter

Thursday, April 8, 2021

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 The Government will approve on Thursday the extension of the alert state, and the decision that will be adopted will include also traffic restrictions regarding the Orthodox Easter, announced the Prime Minister Florin Citu."Tomorrow [Thursday] will be the Government's decision to extend the state of alert. In the previous decision, you know very well that it was until 2.00 in the morning. We will see for tomorrow if something changes or not. We will ...

WHO Regional Director for Europe: Romania succeded in proving health workers' dedication

Thursday, April 8, 2021

Romania has very well succeeded in proving institutional capacity, community solidarity and the heroic devotion of its health workers, said WHO Regional Director for Europe Hans Kluge, as he participated on Wednesday in the event "Climate change, the human-nature relationship and public health" organized at the Cotroceni Presidential Palace on the occasion of the World Health Day.Romania is a positive example in the region, having taken comprehensive and ...

AMNESTY INTERNATIONAL REPORT 2020/21: Measures taken by the Romanian government in the face of the pandemic have raised human rights concerns

Thursday, April 8, 2021

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The Amnesty International Report 2020/21 documents the human rights situation in 149 countries in 2020, as well as providing global and regional analysis. It presents Amnesty lnternational's concerns and calls for action to governments and others. During 2020, the world was rocked by COVID-19. The pandemic and measures taken to tackle it impacted everyone, but also threw into stark relief, and sometimes aggravated, existing inequalities and patterns of ...

Speaker Orban: An open attitude of the Romanian Parliament against racism, xenophobia and anti-Semitism is needed

Thursday, April 8, 2021

 An open attitude of the Romanian Parliament against racism, xenophobia and anti-Semitism is needed and urgent, Speaker of the Chamber of Deputies Ludovic Orban, the national leader of the National Liberal Party (PNL), said on Wednesday."Oftentimes public discourse on our fellow Roma seems to be dominated by incitement to hatred, and there is often silence when those who should fight against racism and discrimination do not. It is therefore appropriate ...

PSD will table a simple motion against Labor Minister

Thursday, April 8, 2021

 Social Democratic Party (PSD - opposition) Chairman Marcel Ciolacu said on Wednesday that social democrat lawmakers will table a simple motion against Labor Minister Raluca Turcan, saying she does not know what laws she voted on a year ago."Raluca Turcan never misses a day to embarrass herself! Today she told us how she would make a draft law that will provide support for the families of doctors who died of coronavirus. It's clear! Mrs. Turcan has no ...

ForMin Aurescu met Italian Foreign Minister Luigi Di Maio în Rome

Thursday, April 8, 2021

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Romania and Italy have consistently supported the importance of a strong, inclusive European Union that is closer to its citizens, Romania's Foreign Minister Bogdan Aurescu said on Wednesday.The statement was made at a joint news conference with Italian Foreign Minister Luigi Di Maio during Aurescu's official visit to Rome."Romania and Italy have consistently supported the importance of a strong, inclusive union that is closer to its citizens, ...

Parliament: Favorable opinions for ambassadors proposed for Austria, Germany, Japan, Chile, Ireland, Kuwait

Thursday, April 8, 2021

Emil Hurezeanu, proposed ambassador to Austria, and Adriana-Loreta Stanescu, proposed to the Federal Republic of Germany, are among the six people who will lead Romania's diplomatic missions abroad and who received, on Wednesday, in unanimity, favorable opinions from the joint parliamentary committees for foreign policy and for the Romanian communities abroad.Emil Hurezeanu was from 2015 to 2021 Romania's ambassador to Berlin, and Adriana-Loreta Stanescu, ...

Gov't approves Investment Ministry mandate for resilience, recovery talks with EC

Thursday, April 8, 2021

The Romanian government has approved a memorandum awarding a mandate to the Ministry of European Investment and Projects to negotiate Romania's National Recovery and Resilience Plan (PNRR) with the European Commission, Prime Minister Florin Citu announced on Wednesday."We had a very good discussion about PNRR; a memorandum mandating the Ministry of European Investment and Projects to negotiate the current form of PNRR was approved today, and of course the ...

Gov't approves methodological norms of IMM Invest, IMM Factor and IMM Leasing

Thursday, April 8, 2021

 The Government approved, at its Wednesday's meeting, the Methodological Norms of the IMM (Small and Medium-sized Enterprises) Invest, IMM Factor and IMM Leasing programmes, as well as the Minimis Scheme related to the IMM Leasing programme, to ensure the necessary financial resources for small and medium enterprises and affiliated enterprises, to overcome the crisis generated by the current economic context, maintain jobs and ensure business ...

Bloomberg: Romania joins states that issue sovereign bonds to take advantage of low interest rates 

Thursday, April 8, 2021

Romania has decided to return to the international bond markets at a time when it is increasing its spending on infrastructure projects and support measures in the context of the Covid-19 crisis, Bloomberg reports.In its first exit on the international markets this year, Romania offers bonds with a maturity of 12 years, for which the interest rate is approximately 225 basis points above midswap, as well as bonds with a maturity of 20 years, for which the ...

Isarescu: In Romania, the initial economic impact of the pandemics was a very strong one

Thursday, April 8, 2021

 ‘The initial economic impact of the pandemics was a very strong one in Romania, emphasising the existing imbalances, the pressures regarding the depreciation of the national currency and the growth of the necessary of liquidity, states Mugur Isarescu, the governor of the National Bank of Romania (BNR) in the opening of the conference organised by the National Bank of the Republic of Moldova with the theme ‘ The role of a central bank in the modernisation of ...

Citu: În March, the budget implementation shows growth of the personnel expenditure

Thursday, April 8, 2021

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The prime minister Florin Citu stated that the budget implementation for the first two months and the preliminary for March show a growth of the personnel expenditure.    ‘I asked the minister of finances to present an extrapolation, on the basis of budget implementation of the personnel expenditure until the end of the year for all authorising officers’ said the prime minister who added that there is a ...

FIC: Foreign direct investments in Romania registered a negative value of - 338 million euros, in the first five months of 2020

Thursday, April 8, 2021

Foreign Direct Investment (FDI) flows in Romania recorded a negative net value of -338 million euros in the first five months of 2020, compared to a positive net value of +2.059 billion euros in the same period of 2019, according to a report on direct investments in Romania, made by the Council of Foreign Investors (FIC) together with the Academy of Economic Studies in Bucharest (ASE).   Regarding the ...

73% of business leaders say business has been affected by the health crisis, but less severely than anticipated

Thursday, April 8, 2021

Almost three quarters (73%) of the business leaders who responded to a survey said that their business had been affected by the health crisis, but that the effect had not been quite as severe as they anticipated in March 2020. At that time, 99% of companies expected a negative impact, according to PwC’s Global Crisis Survey 2021. For 20% of global organisations, the crisis has had a positive impact, with their business being in a better place today ...

Andrei Baciu: 8.3 million doses will enter in Romania in April and May

Wednesday, April 7, 2021

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Andrei Baciu, the secretary of state in the Health Ministry declared on Tuesday that over 8.3 million anti Covid vaccine doses will arrive in Romania in April and May. He said Romania would receive vaccines produced by Johnson and Johnson.   “In April and May we speak about two important months, as premier Florin Citu declared, we will have over 8.3 million doses ...

Valeriu Gheorghita: Additional recommendations from EMA for AstraZeneca will most likely be issued

Wednesday, April 7, 2021

The coordinator of the national vaccination campaign, Valeriu Gheorghita, said on Tuesday that he does not expect the withdrawal of the marketing authorisation for the AstraZeneca vaccine, but said that "additional recommendations" will most likely be issued.Asked if he was considering the statement by the head of vaccination strategies at the European Medicines Agency (EMA) that there was a link between thrombosis and the AstraZeneca vaccine and if there ...

NATO's Geoana: Covid pandemic has accelerated global trends, but NATO adapts to security challenges

Wednesday, April 7, 2021

The COVID-19 pandemic has accelerated various global trends - geopolitical competition between state and non-state actors, NATO's Deputy Secretary General Mircea Geoana said on Tuesday."The pandemic has done nothing but accelerate various global trends, geopolitical competition, competition between state and non-state actors, a real technological revolution, including in the military dimension, an intensification, an exacerbation of older security problems ...

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