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Standing bureaus approves letter from president on army participation in humanitarian assistance missions in Moldova, US

Wednesday, May 20, 2020

At a joint sitting on Tuesday, Parliament's standing bureaus approved a letter from President Klaus Iohannis informing Parliament that he approved the participation of the Romanian armed forces with people, means and equipment in two humanitarian assistance missions in Moldova and the United States of America."Amidst the ongoing pandemic generated by the infection with the SARS-CoV-2 virus and the ascending trend of the epidemiological situation caused by the ...

ForMin Aurescu supports adoption at EU level of documents regarding negotiation frameworks with Albania, North Macedonia

Wednesday, May 20, 2020

Foreign Affairs Minister Bogdan Aurescu participated on Tuesday in the regional videoconference at ministerial level on the topic of managing the social-economic effects of the COVID-19 pandemic, in which context he voiced support for the adoption, at European level, in the next period, of documents representing the negotiation frameworks with Albania and the Republic of North Macedonia, following the decision in March to open these negotiations, the Foreign Affairs Ministry ...

FinMin Citu: It's first time in history when fiscal, monetary policy work almost perfectly

Wednesday, May 20, 2020

It's the first time in history when fiscal and monetary policy work nearly perfectly, stated, on Monday evening, at private broadcaster B1TV, the Minister of Public Finance, Florin Citu, mentioning that the message given by the National Bank of Romania (BNR) is very important."Besides the relaxed fiscal policy we now have another impulse. We have the monetary policy which comes in support and I tell you it's an important weapon in helping the economy. Besides it, ...

XTB Romania: Gold price rises to new historic level in Romania on the background of market evolution

Wednesday, May 20, 2020


The gold market is one of the most dynamic this year and the price of gold appreciated by 15% since the beginning of the year, according to an analysis made by XTB Romania brokerage company. “The high level of uncertainty represented a favorable context for gold, which represents an alternative for investors at bad moments. However, the investors' frequent changes of altitude may be observed in the evolution of the price of gold, which was ...

Analysis: Covid 19 crisis can lead to sale losses of 67 billion lei in auto industry in Romania

Wednesday, May 20, 2020


The Covid 19 crisis can lead to sale losses up yo 67 billion lei and of EBITDA up to 19 billion lei in the auto industry in Romania, according to an analysis recently published by Boston Consulting Group. “After about two months of inactivity, big automobile companies in Romania resumed activity, as in other EU countries. Asian manufacture will resume gradually, far from previous values. What should we expect from now on? Demand and sales ...

CBRE&CEE and SEE: Work from Home Survey Special Report

Wednesday, May 20, 2020


From over 1,200 respondents, 64% miss conversations with colleagues 61% face the lack of work-life balance 55% felt the need to see other faces around During the COVID-19 lockdown, CBRE real estate consultancy firm, has conducted a large-scale study about working from home ...

Eurostat: Romania posts EU's top growth in construction production this March

Wednesday, May 20, 2020

Romania's production in construction was 2.1 percent higher in March 2020 compared to the previous month, the highest advance among EU member states, shows data released on Tuesday by the European statistics office Eurostat. Romania also tops the ranking by the annual growth rate of the construction sector, with 28.1 percent this March.According to data previously released by the National Institute of Statistics (INS), the volume of construction works was 37 ...

President Iohannis - EC Ursula von der Leyen phone call about EU economic recovery plan, budget revision proposals

Tuesday, May 19, 2020

President Klaus Iohannis spoke on the phone today with European Commission President Ursula von der Leyen, with the discussion focusing mainly on the proposals the EC will put forward by the end of this month for the EU's economic recovery plan and the revised proposal for the 2021 - 2027 EU budget, the Presidential Administration informed.According to the cited source, President Iohannis expressed Romania's full support for identifying the most appropriate ...

Decision on state of alert, published in the Official Journal

Tuesday, May 19, 2020


The decision adopted by the Government on Monday, under the provisions of Law No. 55/2020, on the establishment of the state of alert in the entire country starting with May 18 for 30 days has been published in the Official Journal.The protection masks will be mandatory to wear in the enclosed spaces, stores, public transportation means and at work, according to the joint order of the Minister of Health and Minister of Interior, issued under Law No. 55/2020, and ...

GCS: Thirteen more persons infected with novel coronavirus have died; death toll 1,120

Tuesday, May 19, 2020

Thirteen more persons infected with the novel coronavirus have died in Romania, with the death toll reaching thus 1,120, the Strategic Communication Group informed on Monday. The persons were six men and seven women aged between 56 and 90 years old. More than three quarters (76.6 percent) of the deaths related to the novel coronavirus infection were recorded in people aged over 60 and 59.8 percent in men, according to the weekly report of the National ...

Senate passes simple motion against AgriMin Oros

Tuesday, May 19, 2020

The simple motion called "Minister Oros' laziness, lying and incompetence" initiated by 72 MPs of the Social Democratic Party (PSD), the Alliance of Liberals and Democrats (ALDE) and affiliates of the Social-Democratic group has been adopted on Monday during the Senate's plenary meeting.The voting with balls registered 68 votes "in favour", 32 votes against and five abstentions.The signatories request the resignation of Agriculture Minister Adrian Oros ...

PM Orban, at the 'Government Question Time' in the plenary meeting of the Chamber of Deputies

Tuesday, May 19, 2020


Prime Minister Ludovic Orban on Monday told the Opposition representatives that they don't understand anything from the European Union, and that they should be ashamed for talking about several thousand Romanians who now go to work abroad, in the context in which they chased millions of Romanians away, when they had the power, through the measures taken."I was invited, (...) within the 'Government Question Time' procedure, to debate on a topic established by the ...

PSD's Ciolacu: We have extraordinary parliament sessions both in July, August

Tuesday, May 19, 2020

The acting president of the Social Democratic Party (PSD) Marcel Ciolacu said on Sunday evening, on the private television station Romania TV, that he talked with the leader of Pro Romania, Victor Ponta, as well as with that of Alliance of Liberals and Democrats (ALDE), Calin Popescu-Tariceanu, for Parliament not go on recess but work in extraordinary sessions both in July and in August.He also specified that PSD wants to submit a motion of censure, but not during ...

Transparency International Romania demands information on state of emergency procurements to be made public

Tuesday, May 19, 2020

Transparency International Romania asks the institutions of the central and local public administration to publicly release the information regarding the procurements made during the state of emergency, and the competent authorities to verify the legality of the contracts signed in the last two months."Given the many questions and suspicions raised both in the country and internationally about the award of various contracts with public funds under the pretext of ...

Arctic Gaesti suspends operations after Covid-19 detected

Tuesday, May 19, 2020

Arctic plant in Gaesti, the biggest local manufacturer of home appliances, part of the Turkish Arcelik Group, has announced the closure of the factory after 66 of its employees had tested positive for ...

50 Sri Lankan workers at clothing factory in Focsani, infected

Tuesday, May 19, 2020

Around 50 Sri Lankan employees working in a clothing factory in Focsani have tested positive for the nivel coronavirus, with a part of them being hospitalised or quarantined in special centre, Vrancea local health authorities announced. Last week, 129 workers from Sri Lanka were tested for COVID-19, with 84 testing negative and 43 positive. Two were hospitalised at the county emergency hospital, 19 people are under quarantine in a centre in Galaciuc, ...

Western border points crowd over the weekend

Tuesday, May 19, 2020

Thousands of Romanians crowded to enter the country on its western land border points this past weekend, Stiri.tvr.ro reported. Many ...

Gov't supports resumption of HORECA activity when the epidemiological situation allows it

Tuesday, May 19, 2020

Prime Minister Ludovic Orban continued on Monday the consultations with representatives of the HORECA industry in view of resumption of the activity of this sector under safety conditions when the epidemiological situation regarding the novel coronavirus allows it, the Government announced on a Facebook post."The Government endorses, through active measures, the resumption of HORECA sector when the epidemiological situation will allow it, however, this stage ...

Isarescu: BNR immediate goal is to ensure necessary liquidity to fund expenses of state,real economy

Tuesday, May 19, 2020


The immediate goal of the National Bank of Romania (BNR) remains to ensure the necessary liquidities to fund the expenditures of the state and real economy, in conditions of relative exchange rate stability and gradual and sustainable reduction of interest rates, BNR Governor Mugur Isarescu said."For the next period, the immediate goal of the National Bank of Romania remains to ensure the necessary liquidity to finance the expenditures of the state and the real ...

FinMin Citu: Romania has managed an economic growth in real terms of 0.3% which means an annual grow rate of 2.7%

Tuesday, May 19, 2020


The private sector especially and the economy in general answered perfecty to the measures implemented by the government since February to reduce the effects of the pandemics, and Romania managed at the end of first quarter, against all critics and estimates, an economic growth in real terms of 0.3% against Q1 2019, which could be translated in an annual growth rate of 2.7%, says the minister of public finances Florin Citu.‘The private sector especially, the ...

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