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Over 460 military reservists found to have operated in Congo under contracts with security companies
Thursday, April 3, 2025
Over 460 military reservists signed contracts with security companies that operated in the Democratic Republic of Congo after being transferred to the reserve force, the National Defense Ministry reported on Wednesday, adding that seven active troops - two non-commissioned officers and five professional soldiers - who were on parental leave unjustifiably carried out activities in Congo in various periods, between 2023 and early 2025.According to a ...
Simple motion against IntMin Predoiu gets rejects in the Deputies Chamber
Thursday, April 3, 2025
The simple motion filed by the AUR (Alliance for the Union of Romanians) parliamentary group against the minister of interior, Catalin Predoiu, got rejected on Wednesday, in the plenary session of the Chamber of Deputies.As many as 138 deputies voted "in favour" of the simple motion, and 161 were "against".In the simple motion, the AUR deputies requested the dismissal of Predoiu from office, as well as an analysis of his activity with a view to ...
Former president Ion Iliescu sent again to trial in the Mineriad file
Thursday, April 3, 2025
Former president Ion Iliescu and former prime minister Petre Roman were sent to trial by the General Prosecutor's Office in the June 1990 Mineriad [miners' riot - editor's note] case, for committing crimes against humanity.In the same case, former deputy prime minister Gelu-Voican Voiculescu, former SRI (Romanian Intelligence Service) director Virgil Magureanu, Adrian Sarbu (former chief of staff of Petre Roman), Miron Cozma (former ...
OECD Secretary-General hopes Romanian Government will complete accession process in 2026
Thursday, April 3, 2025
The Secretary-General of the Organization for Economic Cooperation and Development (OECD), Mathias Cormann, declared on Wednesday that Romania is on track to complete all technical analyses for OECD accession in the next 12 months or so."Together, Romania and the OECD, we have made excellent progress since Romania became a candidate for accession in January 2022. As you know, the process of accession to the OECD involves the realization of commitments ...
Report: Elimination of tax breaks, one of factors that may affect Romania's attractiveness in business services
Thursday, April 3, 2025
The elimination of tax breaks and the lack of a national strategy for education and vocational training may affect Romania's long-term attractiveness in the field of business services, according to the latest report by the Association of Business Service Leaders in Romania (ABSL), in collaboration with Deloitte Romania."In a dynamic global context, Romania is at risk of no longer being competitive in this industry, although ABSL estimates still show growth ...
The number of occupied posts in public institutions and authorities increased by 4,558 in the first 2 months of 2025
Thursday, April 3, 2025
The number of occupied posts in public institutions and public authorities in Romania stood at 1,311,451 in February 2025, 4,558 more than at the end of last year, according to data published on the website of the Ministry of Finance (MF). More than 64% of the occupied positions were in the central public administration, i.e. 841,259 (plus 2,936 compared to December 2024), and 621,809 of these were in institutions fully ...
Eight out of ten employees receive fringe benefits in company they work for
Thursday, April 3, 2025
Approximately 83% of employees receive fringe benefits in the company they work for, the most common being meal vouchers, holiday bonuses, medical subscriptions and the possibility of working remotely, according to a survey conducted by an online recruitment platform.According to eJobs research, meal vouchers continue to be the benefit found in most of the packages designed by employers, with 81.6% of respondents checking this answer ...
Industrial production prices, up by 4% year-on-year in February
Thursday, April 3, 2025
Total industrial production prices (domestic and foreign markets) increased by 4% in February 2025, compared to February 2024, and increased by 3.6% compared to January 2025, according to data from the National Institute of Statistics, published on Wednesday.At the domestic market level, the industrial production price index registered an increase of 4.82% in February 2025 compared to the previous month and 3.94%, compared to February of the previous ...
Analysis: Price increases and possible punitive measures from US could affect Romanian economy
Wednesday, April 2, 2025
Price increases and possible punitive measures from the US could affect the Romanian economy, especially sectors that closely collaborate with the American market, Alex Milcev, leader of EY Romania Tax and Legal Department, maintains in an analysis."In the current context of international trade relations, the measures and countermeasures adopted by the United States have become subjects of intense debate and negotiation, both in relation to large ...
Romania will build special military ships to be used by Netherland's sea defense strategy
Wednesday, April 2, 2025
In the context in which the drone war may unbalance forces made of complex, expensive ships, the Netherlands said it needed a new type of ship able to work with its modern, powerful freighter from the De Zeven Provincien class. The new ships will be built at Damen shipyard in Galati. The Netherlands has four modern, large freiters of the De Zeven Provincien class specialized in antiaircraft defense, but ...
European investments minister: Talks with EC underway to keep construction of 13 hospitals under NRRP
Wednesday, April 2, 2025
Minister of European Investments and Projects Marcel Bolos declared on Tuesday that Romania is in talks with European Commission representatives for just 13 hospitals of a total of 19 planned health facilities to be built with financing under the National Recovery and Resilience Plan, and the other six to be built from the loan Romania will take out from the European Investment Bank."Initially, when we launched the National Recovery and Resilience Plan, we ...
BNR's forex reserves drop to EUR 61,993 million in March 2025./
Wednesday, April 2, 2025
The National Bank of Romania's foreign exchange reserves stood at EUR 61,993 million as of March 31, 2025, down EUR 62,593 million from February 28, 2025.During the month, EUR 2,336 million worth of inflows were recorded representing changes in credit institutions' foreign currency-denominated required reserves with the NBR; inflows into the Ministry of Finance's accounts, inflows into the European Commission's account and other.Also, EUR 2,936 ...
Individuals can invest in Fidelis government bond denominated in RON and EUR as of Friday, April 4
Wednesday, April 2, 2025
Resident and non-resident individuals over the age of 18 can invest in Fidelis government bonds denominated in RON and EUR, as of Friday, April 4, until Friday, April 11, according to a press release of the Ministry of Finance.Subscription can be made through partner banks BT Capital Partners & Banca Transilvania, Banca Comerciala Româna, BRD - Groupe Societe Generale, Alpha Bank and TradeVille in partnership with Libra Bank.The ...
Gov't considering two options to meet special pension milestone
Wednesday, April 2, 2025
Minister of European Investment and Projects Marcel Bolos said on Tuesday that two options for the reform of special pensions in Romania are currently being worked on, a milestone that is included in the National Recovery and Resilience Plan (PNRR).Bolos said, at the Palace of Parliament, that the payment request number 3 of the PNRR is partially suspended, with the main cause being that of the special pensions milestone, and the deadline for meeting this ...
Over RON 96 million worth of European funds approved for Romania's financial overseer's digital transformation
Wednesday, April 2, 2025
Funding for a digital transformation project of the Financial Oversight Authority (ASF) submitted in December 2024 under the call for projects related to the Smart Growth, Digital Transformation and Financial Instruments Programme (PoCIDIF), has been approved."The digital transformation of ASF is one of my priorities, established when I took office. I am confident that this project, the first financed from European funds at ASF level, will contribute ...
Report:Youth unemployment phenomenon on the rise in Romania, dedicated social & economic policy needed
Wednesday, April 2, 2025
According to December 2024 Eurostat data, Romania has become the EU country with the highest unemployment rate among young people under 25 (26.3%), surpassing states such as Spain and Greece where youth unemployment has been a constant problem, shows the Social Monitor, a project of the Friedrich Ebert Romania Foundation."The figures show that there is a need for a national social and economic policy specifically dedicated to young people, which should ...
Unemployment rate up 5.6pct in February 2005 against January
Wednesday, April 2, 2025
The unemployment rate for February 2025 stood at 5.6%, in seasonally adjusted form, up 0.1 percent against the figure recorded in January 2025, according to data published on Tuesday by the National Institute of Statistics (INS).The number of unemployed people (aged 15-74) estimated for February 2025 was 456,800 people, up from the previous month (450,900 people), but also from the same period of the previous year (436,300 people).By gender, the ...
Sea Shield maritime live exercise started in the Port of Constanta
Tuesday, April 1, 2025
The opening ceremony of the multinational exercise Sea Shield, in which over 2,300 Romanian soldiers and from 11 other partner states are set to participate, took place on Monday in the Port of Constanta, the Naval Forces General Staff (SMFN) informs.The military exercise, which is the most complex training event organized by the Romanian Naval Forces, takes place until April 11."Over 2,300 soldiers from our country and from 11 other partner ...
Romania, South Korea discuss bolstering their defense industry cooperation
Tuesday, April 1, 2025
Head of South Korea's defense procurement Seok Jong-gun was in Romania last week to discuss with senior officials Romania plans to acquire new military hardware, and also strengthen cooperation in the weapons industry, Seok Jong-gun's office reported on Monday as cited by South Korean news agency Yonhap.Seok Jong-gun, minister of the Republic of Korea's Defense Acquisition Program Administration (DAPA), met on Friday in Bucharest with Nicoleta ...
Poland, Romania take over NATO's Baltic air policing mission in Lithuania
Tuesday, April 1, 2025
Poland and Romania are taking over NATO's Baltic air policing mission at the Lithuanian Air Force's base in Siauliai on Monday, https://www.baltictimes.com/ informs. "After eight months on duty, the French and Italian Air Forces will hand over the ...