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Gov't approves draft on information exchange with U.S. Department of Homeland Security

Friday, February 9, 2024

The Government approved on Thursday a draft law aimed at creating, at national level, the necessary mechanisms to exchange information with the Department of Homeland Security of the United States of America, through an IT platform developed and managed by the Ministry of Interior.According to a press release issued by the Executive, the draft law on the amendment and completion of Law No. 158/2019 for the establishment of certain measures to implement the ...

Coalition leaders have not decided on joint elections. Talks continue on Monday

Friday, February 9, 2024

  PSD and PNL leaders have not reached a final conclusion about joint elections following the coalition meeting held on Thursday afternoon at Victoria Palace, according to political sources.   Talks, which focused on this year's election calendar will continue on Monday. One of the variants of joint elections is that of European parliamentary elections to ...

EnergyMin Burduja: US support is total for Romanian civil nuclear programme, including SMR project

Friday, February 9, 2024

The Minister of Energy, Sebastian Burduja, had meetings in Washington on Thursday with a number of American officials, which resulted in "a total support" shown for the Romanian civil nuclear programme, including the project of small size modular reactors (SMR)."My last day in Washington started well, as a guest at a working breakfast at the headquarters of the American Central European Business Association (ACEBA) with the Assistant Secretary of the ...

Gov't passes memorandum on outstanding payments to Ukrainian refugees

Friday, February 9, 2024

The Romanian government on Thursday approved a memorandum on outstanding payments for the months of July-December 2023 for the provision of humanitarian assistance to foreign citizens from the area of the armed conflict in Ukraine, with the outstanding amount of RON 165.6 million to be paid out of the budget of the Ministry of Home Affairs.The memorandum proposes making the outstanding payments for the provision of humanitarian assistance to foreign citizens ...

Draft accord of contract loans from IBRD, approved by government

Friday, February 9, 2024

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The Executive approved on Thursday, in a memorandum, the draft accord on the possibility of contracting a loan and/or a series of loans for development policies with the International Bank for Reconstruction and Development. The main areas of interes will be fiscal reform and the pension system reform, energy and transition to green economy.   “Following the previous talks with IBRD, the first loan ...

Gov't passes general framework for green bonds

Friday, February 9, 2024

  At a meeting on Thursday, the government approved a general framework for bonds aimed at protecting the environment and combatting climate change."Another instrument made available by the executive under a governmental decision taken today regards the general framework for bonds aimed at protecting the environment and combatting climate change. This framework (...) was approved by decision of the government. Thus, we will help finance ...

Coface Risk Barometer – T4 2023: Romania, Country Risk Assessment Upgraded From B To A4

Friday, February 9, 2024

After a somewhat turbulent 2023, which ultimately turned out much better than expected, 2024 is shaping up to be as decisive as it is uncertain, both in (geo)political terms, with more than 60 national elections – presidential and/or legislative – and in economic terms, with risks mounting on a still slowing global economy.   In this context, we have modified 13 country risk assessments (12 ...

eJobs : Eight out of ten companies (81%) plan to expand the team

Friday, February 9, 2024

  81% of respondents to the most recent survey carried out by eJobs.ro stated that they plan to recruit for 2024, and 65% have already started. 10% do not know yet which direction the recruitment strategy will go for this year and if they will need to hire new people, while 9% answered that they have no plans in this regard.   Almost half (47.1%) of the employers participating in the ...

Eurostat: Romania, on the last place in the EU in the production and recycling of municipal waste

Friday, February 9, 2024

  In 2022, the amount of municipal waste generated per person in the EU amounted to 513 kg, 19 kg or 4% per person less than in 2021 (532 kg) and 46 kg more than in 1995 (467 ...

Industrial production prices dropped less in Romania than in EU, in December

Friday, February 9, 2024

The prices of products which get out of factories recorded, in December 2023, compared to November 2023, a drop of 0.9% in EU and a decline of 0.8% in the euro area, a smaller decline (minus 0.7%) recorded in Romania, according to data released by Eurostat on Monday.   According to these data, prices of industrial production dropped in most member states but the most important drops were registered in ...

EC President: Romania & Bulgaria to Become Full Schengen Members Soon

Thursday, February 8, 2024

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EU Commission President has expressed optimism about Romania and Bulgaria joining the Schengen Zone, citing readiness and ongoing efforts to strengthen borders. European-funded projects and fact-finding missions have convinced Austria to take initial steps toward air and maritime Schengen, with the EU's increased multiannual budget allocating additional resources for border ...

 Iohannis in EP address: We need to streamline EU's decision-making capacity, Romania - fully engaged in this exercise

Thursday, February 8, 2024

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  The European Union needs to streamline its decision-making capacity, an exercise Romania is fully engaged into, President Klaus Iohannis declared in his address on Wednesday to the European Parliament plenary session in Strasbourg, specifying that "the lifting, in March, of air and maritime border controls must be naturally followed within the shortest time possible by the removal of land border controls.""The Union has the legal and institutional instruments ...

Bankruptcy of Euroins insurance company discussed in EP with president Klaus Iohannis

Thursday, February 8, 2024

 Two MEPs from Germany and Ireland raised on Wednesday in the European Parliament, during the debate with Romanian President Klaus Iohannis, the issue of the bankruptcy of the Euroins insurance company, and the way in which the Financial Supervision Authority of Romania (ASF) acted in this case, asking the head of state to agree to an independent assessment by the European Commission of the situation."The major insurance industry in Romania has been turbulent in recent ...

President informs Parliament of Romania's Army participation in EU Security and Defence Initiative in Gulf of Guinea

Thursday, February 8, 2024

The Standing Bureaus of the Senate and the Chamber of Deputies forwarded on Wednesday to the Joint Defence Committees a letter from President Klaus Iohannis in which the head of state informs Parliament about the participation of the Romanian Army in the European Union Security and Defence Initiative in the Gulf of Guinea, starting 2024."In view of the deterioration of the security situation in the Sahel and the risk of spreading instability in the West African region, ...

Abrams tanks to be delivered to Romanian Army starting in 2026

Thursday, February 8, 2024

The Abrams battle tanks contracted by the Romanian Land Forces will be delivered starting in 2026, in the most modern version of this model, which is also in the endowment of the US army, official sources from the Ministry of National Defence (MApN) said on Wednesday.For the security of supply, MApN will involve the national relevant industry for the provision of integrated logistic support, the same sources inform.The US Congress was notified on November 9 last ...

President Iohannis in Strasbourg: I am not against merging elections

Thursday, February 8, 2024

I am not against merging elections, president Klaus Iohannis declared on Wednesday in Strasbourg at a joint press conference with the president of the European Parliament, Roberta Metsola."The elections will all take place this year, four rounds of elections. It's a lot. Which election could merge with which in a legally correct and constitutional way, the government and the coalition will elucidate. I'm not against merging elections. If it's done well and it is announced ...

Commission calls on ROMANIA to close and rehabilitate illegal landfills

Thursday, February 8, 2024

The European Commission decided to send a reasoned opinion to Romania  (INFR(2020)2276) for failing to fully comply with the Landfill Directive (Directive 1999/31/EC) and the Waste Framework Directive ...

Greenpeace to challenge in court Neptun Deep-related zone development plan for severe environmental violations

Thursday, February 8, 2024

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 Environmental advocacy organization Greenpeace is suing the authorities and energy companies OMV Petrom and Romgaz for serious transgressions in the approval process of the Zone Development Urban Plan related to the Neptun Deep offshore gas exploitation project, the representatives of NGO announced on Wednesday.Greenpeace accuses the Constanta Environmental Protection Agency (APM) of having issued the environmental permit in violation of the legal ...

PM Ciolacu: 10% of Romania's exports are provided by Dacia, one of Romania's economic engines

Thursday, February 8, 2024

  Prime Minister Marcel Ciolacu said on Wednesday in Mioveni that the lcoal Dacia plant is one of Romania's economic engines, providing 10% of the country's exports."I for one was impressed by what I saw, by the level of technology, by the level of organisation. (...) All that remains is to congratulate the almost 12,500 people who work in shifts on this industrial platform. Another 1,500 companies are in business thanks to the orders given by Dacia. We are ...

ELCEN signs agreement in Washington on geothermal energy feasibility study

Thursday, February 8, 2024

ELCEN Director General Claudiu Cretu has signed an agreement in Washington to carry out a feasibility study on the use of geothermal energy for communal heating in Bucharest, with support from the US Department of Energy (DOE), Energy Minister Sebastian Burduja wrote in a social media post.He continued meetings with American officials, discussing a project for units 3 and 4 at the Cernavoda nuclear-power plant, a project of small modular reactors, offshore wind energy, the ...

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