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Danish Embassy, Romanian Court of Accounts sign trailblazing memorandum on public service digitization

Thursday, July 8, 2021

President of the Romanian Court of Accounts, Mihai Busuioc, and ambassador of the Kingdom of Denmark to Romania, Soren Jensen signed today in Bucharest a Memorandum of Understanding on identifying digital solutions to the supreme audit institution's needs related to its external public audit activity.Under the Memorandum, the Embassy of the Kingdom of Denmark in Romania will facilitate the contact of Court of Accounts experts with Danish experts with proven ...

Ghinea: Next two days I will be in Brussels for final applied discussions on PNRR

Thursday, July 8, 2021

The Minister of Investments and European Projects, Cristian Ghinea, is to conduct, Thursday and Friday, a working visit to Brussels, for the final applied discussions on the National Recovery and Resilience Plan (PNRR), and will have meetings with the Vice President of the European Commission, Margrethe Vestager, and with the technical teams that are working on PNRR and the future operational programmes."In the coming two days I will be in Brussels, for the ...

BNR keeps key interest rate at 1.25% p.a.

Thursday, July 8, 2021

The National Bank of Romania (BNR) decided at a Wednesday meeting, to keep the monetary policy interest rate at 1.25% per annum and to maintain the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions."In its meeting of 7 July 2021, the Board of the National Bank of Romania decided the following: to keep the monetary policy rate at 1.25 percent per annum; to leave unchanged the ...

Mugur Isarescu, about inflation: Our medium-term forecast is not yet alarming

Thursday, July 8, 2021

The medium-term inflation forecast of the National Bank of Romania (BNR) is not yet alarming, and the increase in electricity and gas prices is transitory, Mugur Isarescu, governor of the National Bank of Romania, said on Wednesday."No, we do not expect this at the next monetary policy meeting. The press release does not suggest this, but two things are clear and they ensue both from the release and the analysis of the international situation. The low ...

Gov't: PM hasn't taken any official steps to withdraw Rosia Montana candidacy file from UNESCO

Thursday, July 8, 2021

Prime Minister Florin Citu has not taken any official steps to withdraw the file of Rosia Montana site from registration on the UNESCO heritage list, nor has he submitted any proposal on this topic, the press office of the Government informs on Wednesday.The same source states that the statements that were said to belong to the Prime Minister on this issue are false, while the topic was discussed "strictly at the level of the governing ...

Finance Ministry, UiPath agreement to operationalise Ministry's RPA Center of Excellence

Thursday, July 8, 2021

The Finance Ministry and tech unicorn UiPath announced the signing of their first cooperation agreement, a step forward for rendering operational the Ministry's Robotic Process Automation Center of Excellence.Under the agreement, Finance Ministry and UiPath representatives will identify the repetitive software tasks with the Ministry's computer systems and will develop software robots to automate these processes.The implementation of automation ...

Ten days of music at Electric Castle, August 6-15

Thursday, July 8, 2021

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  Dozens of music artists from Romania and abroad are inviting their fans to the ten-day Electric Castle Festival, which will take place in Cluj-Napoca and Bontida, August 6-15."Three days, six stages, dozens of music artists for the first weekend of EC_Special, all at Banffy Castle. Sigma and Noisia are back here, in the DJ Set format, and for the Dutch artist fans there will be an exciting moment: Noisia is at the last shows after 20 years at ...

President Iohannis to attend Sofia Summit of Three Seas Initiative, Thursday through Friday

Wednesday, July 7, 2021

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President Klaus Iohannis will participate, Thursday through Friday, in the sixth Summit of the Three Seas Initiative (3SI), organized in Bulgaria, the Presidential Administration announced.According to the quoted source, the high-level event in Sofia marks the resumption of the Summit's activities face-to-face, including the 3SI Business Forum (at its third edition), after the 2020 Virtual Summit in Tallinn, organized under restrictive conditions COVID-19 ...

Vaccination coverage rate at national level, about 28 pct

Wednesday, July 7, 2021

The national vaccination coverage rate of the eligible population over 12 years of age is about 28%, said on Tuesday the chairman of the National COVID-19 Vaccination Coordination Committee (CNCAV), Valeriu Gheorghita."At the moment, the national vaccination coverage rate of the eligible population over the age of 12 is about 28%, practically approaching one third of the nationally eligible population," the military doctor said.According to him, ...

PM Citu on possible new revocation of Ombudsman: Next steps to be decided in coalition

Wednesday, July 7, 2021

Prime Minister Florin Citu said on Monday when asked if a new revocation of the Ombudsman is being considered, that "the next steps will be decided in the coalition".He stated that he had not read the motivation of the Constitutional Court, which decided that Renate Weber should resume her position as Ombudsman."It is a decision of the coalition, we will see in the coalition. The first decision was taken in the coalition, I am sure that the next ...

Marinescu (presidential adviser): Romania returned to pre-pandemic GDP in Q1 2021

Wednesday, July 7, 2021

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The economy of the European Union (EU) is expected to advance 4.2% this year, and against this backdrop, Romania's Gross Domestic Product (GDP) returned its levels of before the COVID-19 pandemic, together with Estonia, Ireland and Lithuania, at the end of the first quarter of 2021, said on Tuesday presidential adviser Cosmin Marinescu at the National Recovery Forum."Forecasts show that the world economy will experience the strongest post-crisis recovery ...

BVB President: Number of companies listed on Stock Exchange approaching 30 this year

Wednesday, July 7, 2021

The number of companies listed on the Romanian capital market this year has reached 29, while the waiting list is at least equal to the number of companies we have already seen listed, President of the Bucharest Stock Exchange (BVB) Radu Hanga said on Tuesday at the National Recovery Forum."It's a record year at the Bucharest Stock Exchange. We are approaching 30 listings. So far we were discussing the 'lower single digit' area, ie one, two, three listings ...

SURVEY: Romanian managers are convinced that in 2021 Romania's economy will exceed the level of 2019

Wednesday, July 7, 2021

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Romanian managers are certain that in 2021 the Romanian economy will grow beyond the level of 2019, and this year their companies will obtain higher turnovers than in 2019. These are the conclusions of an opinion barometer conducted among Romanian managers by EXEC-EDU, which operates on the executive education market, the top segment of the training market.   Thus, 63.6% of Romanian managers believe that ...

Eurostat: Romania has one of the highest growths in terms of retail sales in May

Wednesday, July 7, 2021

In May 2021 compared with May 2020, the calendar adjusted volume of retail trade increased by 9.0% in the euro area and by 9.2% in the EU, compared to same interval in 2020, with Romania being among the EU member states with the highest growth, show data released on Tuesday by the official statistical office of the European Union (Eurostat).Among member states for which data are available, the highest annual increases in total retail trade were registered in ...

PM Citu on Rosia Montana: We're looking for solutions, to make it a UNESCO site first, then exploit

Wednesday, July 7, 2021

Prime Minister Florin Citu on Monday said that the governing coalition is seeking solutions in the Rosia Montana case, to have it included in the UNESCO heritage, first of all, and to find out if mining can also be possible."These are exactly the discussions that we are having in the coalition, let's see what solutions we can find to move forward. First of all, we want to keep the UNESCO site and then to also exploit it, if possible. We are looking for ...

Six out of ten Romanians satisfied with houses they live in

Wednesday, July 7, 2021

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Six out of ten Romanians declare satisfied with the houses they live in, but more than a half (54%) say their main worries concern electricity bills, repair and maintenance costs,according to a national study released by Reveal Marketing Research on Tuesday.   As for the share of people who are satisfied with the space they live in, we see a slightly high percentage among respondents aged between 25 and ...

Report: Media market recorded 3.8% drop in 2020 against 2019, due to pandemic

Wednesday, July 7, 2021

The media market recorded, due to pandemic, a contraction of 3.8% in 2020 against 2019, reaching 462 million euros, and saw a powerful return in the second half of 2020, but could exceed 500 million euros this year, according to a report made by Initiative, one of the biggest independent media networks.   2020 was the first year when TV audience grew by 3% among people aged between 18 and 54, from the ...

'Magic Summer' international festival starts today at Romanian Athenaeum

Wednesday, July 7, 2021

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The 'Magic Summer' international classical music festival is back with 11 extraordinary concerts that will take place between July 7 and August 19 at the Great Hall of the Romanian Athenaeum, a release informs.The festival opens on Wednesday evening with a recital by famous soprano Elena Mosuc, accompanied by Bogdan Mihailescu - guitar, and Vasilica Stoiciu-Frunza - piano; the next concerts and recitals are scheduled for July 8, 14, 21, 28, August 4, 5, 11, ...

Unstable weather gripping Romania, heat wave to scorch country Wednesday to Sunday

Wednesday, July 7, 2021

The National Weather Administration (ANM) issued on Tuesday an unstable weather warning valid nationwide in Romania during the day, and a heat warning valid mainly in the western, south-west and southern areas throughout Sunday.Between July 7 and 11, a heat and thermal discomfort warning will ...

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