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Deloitte Real Estate Confidence Survey for Central Europe 2021:Optimism returns

Monday, July 5, 2021

The real estate market professionals in Central Europe returned to the level of optimism registered before the pandemic. Almost 40% of them expect an improvement in the general economic climate this year, 46% have positive expectations regarding real estate activity, and 48% rely on increasing the volume of transactions, according to ...

Film critic Irina Margareta Nistor awarded Officer of the Order of Arts and Letters insignia

Monday, July 5, 2021

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French Ambassador Laurence Auer handed film critic Irina Margareta Nistor the insignia of Officer of the Order of Arts and Letters for her commitment to the service of culture and cinematography, at an event held on Thursday, at the French Institute in Bucharest at the French Institute in Bucharest.Laurence Auer said that Irina Margareta Nistor represents an authority in Romania, in Europe in the field of cinematography, her chronicles being appreciated both ...

The International Animation Film Festival – ABIFF, July 9-11, 2021 in Bucharest and 30 other cities

Monday, July 5, 2021

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The International Animation Film Festival – ABIFF, organized by ABI Foundation, in its first edition, launches between July 9-11 in Bucharest and in over 30 other cities in the country a real marathon of animated films, which will continue throughout during the summer.   During the 3 days of launch, the festival wants to capture the public’s attention by broadcasting ...

President Iohannis: Romania is strongly rooted in democratic values, promotes a solid transatlantic relation

Friday, July 2, 2021

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President Klaus Iohannis on Thursday said that Romania is a promoter of a strong transatlantic relation and will continue to support a robust and indivisible North Atlantic Alliance and cooperation between NATO and the EU."Romania is and will remain strongly rooted in the community of democratic values while being a promoter of a strong transatlantic relationship. We will continue to support a robust and indivisible North Atlantic Alliance, as well as ...

Citu: We aim to stimulate American economic presence in Romania as consistent as possible

Friday, July 2, 2021

 Prime Minister Florin Citu declared on Thursday, at the reception offered by the US Embassy on the occasion of Independence Day, that the Government aims to stimulate a more consistent American economic presence in Romania.We will maintain the strategic cooperation between Romania and the USA at the highest level by taking advantage of the opportunities arising from our common vision on the dimension of defense, energy security, sustainable economic ...

David Muniz (US Embassy): We are proud to have assisted Romania in promoting the rule of law

Friday, July 2, 2021

Charge d'affaires of the US Embassy in Bucharest David Muniz said on Thursday, at an Independence Day reception, that the US is proud to have assisted Romania in promoting the rule of law."Romania has shown its strength and willingness to fight corruption, and continued dedication to the rule of law will help eradicate its last vestiges to haunt this nation. We are proud to have assisted Romania in promoting the rule of law and we continue to stand beside ...

New Head of EC Representation: I see the new role as an opportunity to be part of Romania's present and future

Friday, July 2, 2021

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The new Head of the European Commission (EC) Representation in Bucharest, Ramona Chiriac, states, when taking office, that this position represents for her "an opportunity to be part of Romania's present and future"."For me, it is an honor to represent the European Union in Romania, after almost 10 years I represented Romania and the Romanians in Germany, in different mandates. I see my new role as an opportunity to be part of Romania's present and future, ...

Parliament - on recess until September 1; possible extraordinary session in Senate, in July, for repeal of SIIJ

Friday, July 2, 2021

The Senate and the Chamber of Deputies are set to go into recess starting Thursday and until September 1.The National Liberal Party (PNL), Save Romania Union - Party of Unity, Freedom and Solidarity (USR PLUS) and the Hungarian Democratic Union of Romania (UDMR) majority, formed in December 2020, managed between February 1 and June 30, namely in the first ordinary session of this year, working both physically and online during the pandemic, to adopt the ...

Other restriction relaxations in COVID context - in force starting July 1

Friday, July 2, 2021

Other measures for relaxation of the restrictions imposed by the coronavirus pandemic will enter into force on Thursday.The head of the Department for Emergency Situations, Raed Arafat, announced last week that, starting July 1, the number of persons that can attend private events - weddings, baptism - was increased to maximum 150 outdoors or 100 indoors."A higher number of persons is allowed for private events - we are talking here particularly ...

340,200 digital certificates generated within the first 12hrs since launching certificat-covid.gov.ro platform

Friday, July 2, 2021

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A number of 340,020 digital certificates have been generated in the first 12 hours since the certification-covid.gov.ro platform was launched, the Secretary of State with the Ministry of Health Andrei Baciu, also vice-president of the CNCAV (National Committee Coordination Vaccination Activities against COVID-10), informed on Thursday."This means that 28,335 Romanians have generated their European document every hour. That means over 470 certificates issued ...

Promulgated law: Penal responsibility for traffic crimes, exploitation, sexual aggression, torture over minors not prescribed

Friday, July 2, 2021

President Klaus Iohannis promulgated, on Thursday, the law amending the Penal Code, according to which penal responsibility of aggressors in case of slavery, person trafficking, sexual aggression, torture over minors are not prescribed.The law amending and completing law 286/2009 on the Penal Code provides increasing punishment in case of crimes are not denounced.   In case of  trafficking vulnerable ...

Lloyd (U-TacS): We will significantly develop activity in Romania, with or without Defense Ministry drone contract

Friday, July 2, 2021

U-Tacs company, specialized in producing  military drones, will continue to develop production projects in Romania, whether it will obtain the contract for drone purchase by the Defense Ministry or not,  said Geraint Lloyd, the sales and development manager of U-TacS.   U-TacS, a joint venture set up by Elbit and Thales companies in the defense industry for the development of Watchkeeper air ...

Government approved social protection measures for jobless workers  in Jiu Valley and from National Uranium Company

Friday, July 2, 2021

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Premier Florin Citu announced that the government had approved an emergency order on social protection measures for people left without jobs in the Jiu Valley and from non performing mining exploitation of the National Uranium Company.   “People left without jobs in the Jiu Valley or the mining area will benefit from social protection measures, next to jobless persons from the National Uranium ...

Romania could receive advance of 13 pct of PNRR this autumn

Friday, July 2, 2021

The European Commission could approve Romania's National Recovery and Resilience Plan (PNRR) at the beginning of autumn, and at that time the country will receive the first tranche of 13% of the amount, announced on Thursday Marius Vasiliu, Secretary of State, in the Ministry of European Investments and Projects (MIPE).He participated in the video conference "Romania - development strategy", organized by the Bursa newspaper."Probably, by ...

Romania's end-June forex reserves drop by 1.96 pct advance to 36.831 billion euros

Friday, July 2, 2021

 The forex reserves of the National Bank of Romania (BNR), end-June, stood at 36.831 billion euros, down 1.96 pct from 37.570 billion euros at the end of this May, the central bank announced in a release.Inflows recorded in June amounted to 902 million euros, representing changes in the foreign exchange reserve requirements of the credit institutions, inflows into the accounts of the Ministry of Public Finance and other.Outflows amounted to ...

Ministry of Finance borrowed 2.231 billion lei from banks on Thursday

Friday, July 2, 2021

The Ministry of Finance (MF) borrowed 2.231 billion lei from banks on Thursday through two government securities issues, according to data transmitted by the National Bank of Romania (BNR).Thus, MF attracted 453.4 million lei through a bond issue with a maturity of 41 months, at an average yield of 2.49%, and 1.778 billion lei through an issue of treasury certificates with a discount on one month, at a yield of 1.42%.An additional tender is ...

Unemployment rate drops to 5.5 pct in May

Friday, July 2, 2021

  - Unemployment rate in May 2021 decreased with 0.2 percentages points as compared to the previous month, reaching 5.5%. - Men’s unemployment rate was higher than that of women with 0.3 percentages points   The unemployment rate has dropped by 0.2 percentage points in May of this year, compared to that recorded the previous month, ...

Statistics: 161.9 billion RON in social protection expenditures, over 15 pct of GDP, in 2019

Friday, July 2, 2021

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 Social protection expenditures totaled 161.9 billion RON in 2019, by 13.3% more than in the previous year, representing 15.3% of the GDP, informs a press release sent by the National Institute of Statistics (INS) on Thursday.Social protection receipts totaled 160.6 billion RON, up by 10.8% from the previous year, accounting for 15.2% of GDP - flash estimates, the same percentage as for the previous year.Social protection spending ...

INSCOP survey : Half of Romanians believe exposed to fake news; 52% indicate TV channels

Friday, July 2, 2021

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Over 50% of Romanians believe that they have been exposed over the last months to fake news or misinformation, and 52.6% consider that TV channels are the information channels most exposed to misinformation and the spread of fake news, according to a survey conducted by INSCOP.Asked to what extent they believe they have been exposed in recent months to fake news or misinformation on various channels (TV, news sites, Facebook), 50.1% answered in the ...

Former PSD treasurer Mircea Draghici sentenced to 5 years in jail for party subsidy embezzlement 

Friday, July 2, 2021

Deputy Mircea Draghici, a former social-democrat (PSD) treasurer, was sentenced to 5 years of prison for the use of party subsidies for other purposes and for embezzlement, when the High Court of Justice rejected his appeal. He was accused of having used 380,000 euros from the subsidy granted to PSD by the Permanent Election Authority to buy a house.   On October 15, 2020, judges of the High Court of ...

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