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Gov't okays establishment of National Agency for Policies and Coordination in drugs and addictions
Friday, November 22, 2024
The Government okayed on Thursday, in the first reading, the draft emergency ordinance on the establishment, organization and functioning of the National Agency for Policies and Coordination in the field of drugs and addictions and the Centers for mental health and for the prevention of addictions.According to a Government's release, the document, analyzed in the first reading, has in view an adequate response against the worrying phenomenon of drug trafficking and ...
Fitch Non-Rating Action Commentary: Romanian Banks Benefit from Improved Operating Environment
Friday, November 22, 2024
Romania’s major banks should sustain healthy asset quality and solid profitability as the improved operating environment remains favourable for business generation, Fitch Ratings says. Strong GDP growth, supporting Romania’s income fast-approaching EU averages, labour market resilience, and improved banking sector fundamentals have led Fitch Ratings to revise its assessment of Romania’s operating environment for banks to ‘bbb-‘ from ...
Romanian Cultural Institute announces official opening of its representative office in Tokyo
Friday, November 22, 2024
The Romanian Cultural Institute (ICR) announces the official opening, on November 26, of the ICR Tokyo representative office.The event, which marks a reference moment in the promotion of Romanian culture on the international stage of inauguration, will take place in the presence of the president of the ICR, Liviu Jicman, president of EUNIC (European Union National Institutes for Culture), the ambassador of Romania in Japan, Ovidiu Rae?chi, and Stefana Marmureanu, ...
Romania's Tourism Fair started on Thursday
Friday, November 22, 2024
The 2024 Autumn Edition of Romania's Tourism Fair (TTR) kicks off on Thursday at Romexpo, where, over four days, travel enthusiasts can discover the perfect destinations at prices for every budget."From November 21 to 24, Romexpo will be the destination for travel lovers, offering the chance to explore memorable places and experiences, along with unmissable discounts. The fair presents everything from exotic getaways to luxury vacations and mountain ...
Romania's Embassy in Kyiv restricts activity to emergency actions
Thursday, November 21, 2024
Romania's Embassy in Kyiv has taken additional measures to ensure the protection of its staff, limiting its activities to emergency actions, in light of the security developments in Ukraine, the Foreign Affairs Ministry (MAE) reported on Wednesday.According to the ministry, this measure was taken in coordination with the diplomatic missions of other allied and EU member states."The situation is being monitored continuously, and in ...
Republic of Moldova to equip itself with anti-drone systems after Russian drones fall on its territory
Thursday, November 21, 2024
The Republic of Moldova intends to acquire two systems for the detection and destruction of drones, in the context where several Russian drones penetrated the air space of this country, announced on Wednesday the minister of defence in Kishinev, Anatoly Nosatyi, sends the agency EFE."We are examining the possibility of acquiring new systems that would allow us to identify drones and warn the population in good time," he told reporters, according to the ...
IntMin Predoiu, talks with Hungarian Interior Minister via videoconference on joining Schengen
Thursday, November 21, 2024
Minister of Internal Affairs Catalin Predoiu, held a videoconference with his Hungarian counterpart, Sandor Pinter, on Wednesday, on the subject of our country's accession to the Schengen Area with land borders, with the Romanian official saying that "good" premises have been created for the meeting to be held in Budapest on November 22, which will be attended by the European Commissioner in the field."Today I had a very good discussion via videoconference ...
Parliament establishes inquiry committee "to investigate real estate mafia"
Thursday, November 21, 2024
Parliament on Wednesday approved in a joint session the establishment of the joint parliamentary inquiry committee of the Chamber of Deputies and the Senate for the "investigation of the real estate mafia," starting from the Nordis case [a recent case of massive fraud in real estate - editor's note].There were 256 votes cast "in favour" of the creation of the joint committee and two "against." The proposal belonged to the PNL (National Liberal Party) ...
Parliament approves inquiry committee to verify 2014 - 2024 Presidential Administration expenses
Thursday, November 21, 2024
The Senate and the Chamber of Deputies in a joint plenary meeting approved, on Wednesday, the establishment of a joint parliamentary inquiry committee to verify the expenses incurred by and for the Presidential Administration between 2014 and 2024.A total of 258 parliamentarians voted "in favour" of establishing the committee, while two voted "against."The inquiry committee is made up of 15 members: seven from the Social Democratic Party (PSD), ...
US embassy official: Cybercrime generated global losses worth more than 8 trillion US dollars in 2023
Thursday, November 21, 2024
Global losses caused by cybercrime exceeded 8 trillion US dollars in 2023, almost double the entire economy of Japan, Peter Hansen, economic affairs officer at the US Embassy in Romania, said on Wednesday at the CyberCon Romania 2024 international conference."Today, it is clear that we are at the intersection of both great opportunities and vulnerabilities in the digital world. Cyber threats know no borders and target critical infrastructure such as ...
Romania: Residents in northeast to get energy-network upgrade with €200 million EIB loan to Delgaz Grid
Thursday, November 21, 2024
EIB lends Romanian energy distributor Delgaz Grid €200 million to upgrade its electricity system in country’s northeastern region of Moldova. Loan to improve power interconnections for over 1.5 million households and businesses Credit is part of €630 million Delgaz Grid ...
Lockheed Martin breaks ground with GridStar Flow battery manufacturing facility in Oradea
Thursday, November 21, 2024
U.S. defense contractor Lockheed Martin and Oradea-based Romanian chemicals producer Sinteza S.A. signed on Wednesday a letter of intent for the construction of a zero-carbon GridStar Flow battery factory in Oradea, which will make sustainable and stable energy possible, the Romanian company said in a release.The agreement sets the framework in place for the parties to start the development process of the future EUR 50 million factory which will produce ...
Expenses in 2023 for research and development activity amounted to 8.29 billion RON, 0.51% of GDP
Thursday, November 21, 2024
The expenses incurred in 2023 for the research and development activity amounted to 8.288 billion RON, representing 0.51% of the Gross Domestic Product, of which 0.19% for the public sector and 0.32% for the private sector, according to the centralized data of National Institute of Statistics (INS).At the end of 2023, 48,103 employees were working in research and development, down 1.9% compared to 2022.According to the cited source, in 2023 8.288 ...
World Vision Report: 23 pct of children living in rural areas go to bed hungry, 93 pct, bullied at school
Thursday, November 21, 2024
A quarter of children living in rural areas go to bed hungry at night, shows a World Vision Romania report launched on Wednesday, at the Palace of Parliament.The report, titled "The well-being of children in rural areas" is the only longitudinal analysis of child welfare and the seventh report on child welfare carried out by the foundation in Romania, according to representatives of the foundation.According to the document, presented at the event ...
Eurostat: Romania sees biggest increase in construction works in the EU in September
Thursday, November 21, 2024
The construction works dropped by 0.1% in the EU and the euro zone in September, as compared to the previous month when there was an advance of 0.2% while Romania had the most significant advance among the member states, show the data published on Wednesday by the European Office for Statistics (Eurostat).In the euro zone, the construction works registered a similar decline of 0.1% in September, against 0% in ...
INS: Construction works volume down 2.6pct in first nine months
Thursday, November 21, 2024
In the first nine months of 2024, the volume of construction work in Romania decreased 2.6% compared to the same period in 2023. This decline was mainly due to a reduction in maintenance and repair work (-8.2%) and new construction projects (-2%), according to the data the National Institute of Statistics (INS) released on Wednesday.Capital repair works advanced 6.7% January through - September.In construction categories, there were ...
Turnover in market services provided to population decreases 1.5% in first 9 months
Thursday, November 21, 2024
The turnover in market services provided to the population decreased between January 1 and September 30, 2024, compared to the same period last year, both in gross terms by 1.5% and in seasonally adjusted terms, taking into account working days and seasonality, by 1.3%.Market services provided to the population, in gross terms, recorded a lower turnover due to declines in turnover in the following sectors: travel agency and tour operator activities (-7.5%), ...
PM Ciolacu has phone talk with U.S. President-elect Trump
Wednesday, November 20, 2024
Prime Minister Marcel Ciolacu spoke on Tuesday on the phone with U.S. President-elect Donald Trump, whom he told that he wants the U.S. to become Romania's main non-EU investor and trading partner."I had a very good phone conversation with U.S. President-elect Donald Trump. I congratulated him on his historic victory and told him that I am fully committed to the development of our Strategic Partnership. President-elect Donald Trump wanted me to convey his ...
DefMin Tilvar: Letter of intent for EU cooperation in defence industry underlines unity
Wednesday, November 20, 2024
The signing of the letters of intent for cooperation with EU Member States in the field of defence capabilities development underlines "the unity of the Member States in the face of common challenges", said Minister of National Defence Angel Tilvar on Tuesday.He attended the signing ceremony, organized on the sidelines of the meeting of the European Defence Agency (EDA) Steering Board, informs a press release from the Ministry of National Defence ...
Statement by U.S. Ambassador Kathleen Kavalec: 1,000 days of Russia’s full-scale invasion in Ukraine
Wednesday, November 20, 2024
November 19, 2024 Today marks 1,000 days since Russia began its unprovoked full-scale invasion of Ukraine. The toll has been catastrophic. According to the U.N., Russian forces have killed more than 11,000 Ukrainian civilians, including more than 600 children, and continue to engage in shocking war crimes, including torture of civilians and prisoners of war. Russian bombs have obliterated schools, hospitals, and treasured ...