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PM Dancile paied a working visit to Israel and met the Israeli PM, Benjamin Netanyahu

Monday, January 21, 2019


Prime Minister Viorica Dancila, who paied a working visit to Israel, on Friday had a meeting with the Israeli PM, Benjamin Netanyahu, among other things discussing the organisation of a joint meeting of the two countries' governments, in the first part of this year.The two high officials hailed the excellent relations existing between the two countries, which is also reflected in the frequency of bilateral contacts at high level. In this respect, they also ...

Alan  Duncan sent that irrespective of the end of the Brexit,the rights of the Romanian citizens of the UK will be observed

Monday, January 21, 2019

The state minister for Europe and America of the UK Sir Alan  Duncan sent to the minister for European Affairs George Ciamba that irrespective of the final of Brexit the rights of the Romanian citizens from the UK will be observed according to a press release of the MFA of Romania. According to the quoted source George Ciamba had on Friday a phone conversation with sir Alan Duncan at the request of the British ...

Ambassador Cord Meier-Klodt: forces in the country continue to consider as appropriate the discreditation of the role of the German minority

Monday, January 21, 2019


The ambassador of Germany to Romania Cord Meier-Klodt  considers that some forces in the country continue to consider as appropriate the discreditation of  the role of the German minority in Romania,mentioning that it is about ‘individual voices’ who do not represent the opinion of the majority of the population. Ambassador Cord Meier-Klodt, said on Saturday at the symposium "Saxons' Adhesion Decision to the Union with Romania 100 ...

EU defence political directors' meeting to prepare the Informal Meeting of Defense Ministers from the EU, 30 and 31 January in Bucharest

Monday, January 21, 2019


A meeting of political directors from the defense ministries of the EU member states took place on Thursday and Friday in Bucharest, in the context of Romania's exercise of the Presidency at the Council of the European Union, having on the agenda of discussions important topics related to the security and defense of the European Union. According to the MApN, the meeting in Bucharest - which was attended by representatives of the 28 EU Member States, ...

BNR's Vasilescu: The leu declined fast, after 1 January, but not as fast as to create concerns

Monday, January 21, 2019


The decline of the national currency in relation to the euro is 0.6 percent, and only in the situation in which it declines over 4-5 percent the Central Bank analysis rigor intervenes, National Bank of Romania (BNR) strategy consultant Adrian Vasilescu maintains."It is clear that the national currency has moved downwards fast after 1 January, but not as fast as to create concerns among those who make a rigorous analysis of the market. Books say that when a ...

Dan Suciu (BNR) about statements on ROBOR's "doctoring": Intentionally creates confusion, disqualifying

Monday, January 21, 2019

The spokesperson of the National Bank of Romania (BNR), Dan Suciu, argues that the statements of Alliance of Liberals and Democrats (ALDE) senator Daniel Zamfir, according to which the ROBOR index is "doctored" with BNR's "direct knowledge and involvement", intentionally creates confusion, "which is disqualifying", because it does not take into account the scope of activity defined by law for the National Bank."I do not understand how the National Bank has done ...

Romania imported on Friday morning very big quantities of energy,over 1,800 MW

Monday, January 21, 2019


Romania imported on Friday morning big quantities of electricity, over 1,800 MW in the context where the price of import electricity was lower than that of domestic market, according to the data posted on the site of Transelectrica and OPCOM.The biggest imports were made around10:00 with quantities of 1,827MW.At 12:00 the import was1,626MW. The consumption of the country was 8,440 MW and the production 6,814 MW.The first in the top of ...

EY: In 2019 infringement procedure on VAT payment  mechanism can go on

Monday, January 21, 2019


The European Union sent Romania, last Fall, a formal notification about the VAT payment mechanism, while in 2019 Romania will have to take measures in this respect, otherwise the infringement procedure could go on, Ioana Iorgulescu, Associate Partner Indirect Taxes EY Romania, at the 13th edition of the EY Annual Fiscal Conference. “In November 2018, the European Commission sent Romania a formal notification about the VAT payment mechanism, in ...

Romania reportedly negotiates “important” external loan

Monday, January 21, 2019

Romania’s Government is currently negotiating for an “important” external loan, opposition MP Florin Citu announced quoting unofficial sources. Citu, an influential member of the opposition National Liberal Party (PNL), asked finance minister Eugen Teodorovici to disclose the details of the negotiations. He added that the public debt service increased by EUR 3 billion in 2018 and is projected to increase it by ...

Annual inflation rate down to 3.3% in December

Monday, January 21, 2019


The annual inflation rate has slightly decreased to 3.3% in December 2018, down from 3.4% in the previous month, the National Statistics Institute (INS) informs. Thus, the indicator is below the forecast of the National Bank of Romania (BNR) for 2018, of 3.5%. In December 2018, as compared to December 2017, the foodstuff prices increased by 3.1%, the prices of non-food goods by 3.75% and of the services by 2.44%, the same source ...

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