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Eurostat: First estimates for 2018 - Wide variation of consumption per capita across EU Member States

Thursday, June 20, 2019

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* GDP per capita ranged from 50% to 254% of EU average Actual Individual Consumption (AIC) is a measure of material welfare of households. Based on first preliminary estimates for 2018, AIC per capita expressed in Purchasing Power Standards (PPS) varied from 56% to 132% of the European Union (EU) average across the Member States. Ten Member States recorded AIC per capita above the EU average in 2018. The highest level ...

No-confidence motion rejected by the Parliament

Wednesday, June 19, 2019

  Parliament on Tuesday defeated a no-confidence motion, submitted by  the National Liberal Party (PNL – opposition) and the Save Romania Union (USR - opposition), called "The Dancila Government must be dismissed! No emergency ordinances, no passwords, no lines for voting."The motion received 200 yeses, 7 noes and 3 abstentions, short of 233 yeses needed to ...

Marcel Ciolacu, president of Chamber of Deputies, requests government reshuffle or restructuring

Wednesday, June 19, 2019

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President of Chamber of Deputies, Marcel Ciolacu (Social Democratic Party - PSD, ruling party) declared on Tuesday, following the rejection of the no confidence motion, that Dancila's government should show more transparency. He added there should be a government reshuffle or restructuring. “The motion did not pass. From my point of view there was a unique chance for the opposition because not all deputies gathered for the vote. It was the ...

Iohannis-Barr meeting: Barr underscores Romania remaining ally respecting rule of law

Wednesday, June 19, 2019

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President Klaus Iohannis on Tuesday welcomed to the Cotroceni Presidential Palace US Attorney General William Barr, with the latter underscoring the importance of Romania remaining a predictable, stable and accountable ally that promotes democratic values and the rule of law."The US official expressed great appreciation for the solidity of the strategic partnership with Romania, which is the most trusted ally of the US in the region, with bilateral relations that ...

MEETING OF THE INTERIM SECRETARY ADMINISTRATION FOR US INTERNAL SECURITY WITH THE ROMANIAN MINISTER OF THE HOME AFFAIRS

Wednesday, June 19, 2019

According to the statement sent by the Press Office of the U.S. Embassy-Bucharest, acting Deputy Secretary of Homeland Security David Pekoske met with Romanian Minister of Internal Affairs Carmen Dan at the Ministry of Internal Affairs on Tuesday, June 18. The Acting Deputy Secretary thanked Minister Dan for Romania’s continued commitment to the Strategic Partnership. Specifically, the two discussed how to further ...

EU - US Ministerial Meeting on Justice and Home Affairs taking place on Wednesday in Bucharest

Wednesday, June 19, 2019

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The EU - US Ministerial Meeting on Justice and Home Affairs will take place on Wednesday in Bucharest at the Palace of Parliament, in the context of Romania's holding the Presidency of the Council of the European Union.The Justice session, chaired by Minister Ana Birchall, will include debates on judicial cooperation in cyberspace and on the resilience of electoral systems, the Justice Ministry informs on its Facebook page.This is the second EU - US ...

Deputy Chief Prosecutor of SIIJ, Adina Florea: the judges' activity has come under noticeable pressure

Wednesday, June 19, 2019

Deputy Chief Prosecutor of the Magistrates' Investigation Section (SIIJ), Adina Florea, said on Tuesday that the judges' activity has come under noticeable pressure in recent years.Speaking on Tuesday at the Supreme Council of Magistrates (CSM) during the interview for the position of head of the Magistrates' Investigation Section, Florea said, citing references from her activity, that she discussed with many people from various social backgrounds, including many ...

Darius Valcov, under judicial control by DIICOT after publishing the SRI- Prosecutor’s Office protocol on Facebook

Wednesday, June 19, 2019

Anti-organised crime (DIICOT) prosecutors have placed former minister and PM’s ex-adviser Darius Valcov under judicial control for 60 days under the charge of disclosing a secret that is jeopardizing the national security after having released on Facebook a secret protocol concluded between the National Intelligence Service (SRI) and the Prosecutor’s Office upon the High Court of Cassation and Justice. The document was ranked as state ...

Valer Dorneanu – reelected as Constitutional Court chairman for 3-yer term

Wednesday, June 19, 2019

Valer Dorneanu has been reelected on Tuesday, by secret ballot, as Constitutional ...

Suciu (BNR): Capacity of Romanian administration to react predictably  is 30%; the rest are reactions to stressful situations

Wednesday, June 19, 2019

The capacity of the Romanian administration to react predictably is 30% of the ruling time, while the rest of 70% represents the necessary of rapid reaction  caused by crises, said Dan Suciu, the spokesperson for the Central Bank (BNR) at FoodIntelForum. “The capacity of the Romanian administration to react predictably or the time allocated for a predictive reaction is 30% of the ruling time. The rest of 70% represents the need for rapid ...

Romania needs success stories to catch the eye of investors

Wednesday, June 19, 2019

Private equity is an alternative form of financing for companies that fills the gap between bank loans and listing on a stock exchange market. The investors also make sure that the company will perform after the funding and so are closely involved in the company’s management team, http://business-review.eu reads. Tapping funds from the private equity market cannot be done just by asking. It involves market ...

EximBank participates in setting up platform meant to support development of Balkan and Central European areas

Wednesday, June 19, 2019

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Romania's export-import bank, EximBank will participate in the development of an on-line platform allowing both the presentation of ample investment projects in the Balkan and Central European areas, as well as the identification of financing sources for them, as part of an initiative made by the Development Bank of Bulgaria (DBB), according to a bank press release. The project was launched at the International Economic Forum Paths for Partnerships, ...

TIFF attracted over 130,000 participants to the city of Cluj-Napoca

Wednesday, June 19, 2019

 This year’s edition of Transilvania International Film Festival (TIFF) attracted over 130,000 participants to the western Romania city of Cluj-Napoca. The festival also maintained last year’s ticket sales record, with 95,000 tickets sold, in addition to offering tens of free-access events. Among the films screened at the festival, Parking, the newest feature film of director and TIFF founder Tudor Giurgiu, was watched by ...

Censure motion against PSD's governement to be debated and voted on Tuesday

Tuesday, June 18, 2019

Social Democratic Party (PSD, major at rule, ed.n.) spokesperson Mihai Fifor said on Monday that the Social Democrats "have shown their support to the Government" and have voted for staying in government."I had the meeting of the parliamentary groups at the beginning of the week, and Viorica Dancita also participated. My fellow MPs gave a vote showing their support for the Government and voted for staying in government. It is a decision that my colleagues made ...

USR-PLUS: No attempt to divide will deter us

Tuesday, June 18, 2019

USR-PLUS Alliance [ opposition formed by USR - Save Romania Union, PLUS - Freedom, Unity and Solidarity Party] leaders, Dan ...

USR lodges the draft law for the closing down of the Special Section for the investigation of magistrates, set up by PSD

Tuesday, June 18, 2019

USR - Save Romania Union ( opposition) lodges on Tuesday in the parliament a draft-law regarding the closing down of the Special Section for the investigation of magistrates, announced with RFI  Romania the deputy Stelian Ion. The Special Section was noticed for the files made to the troublesome magistrates for Social Democratic Party (PSD, major at rule) as well as by the withdrawal of the appeals in the files of Viorel Hrebenciuc and Sebastian ...

The signing of the Free Trade Agreement and the EU-Vietnam Investment Protection Agreement could be signed by the end of June

Tuesday, June 18, 2019

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The preparations for the signing of the Free Trade Agreement and the Investment Protection Agreement between the EU and the Socialist Republic of Vietnam were the main topics discussed on Monday at the bilateral meeting between Minister of Business Environment, Trade and Entrepreneurship Stefan- Radu Oprea, and Minister of Industry and Trade of Vietnam Tran Tuan Anh, reads a press release issued of Ministry for Business Environment, Trade and Entrepreneurship (MMACA) sent on ...

2019 Innovation Scoreboards: The innovation performance of the EU and its regions is increasing

Tuesday, June 18, 2019

Brussels, 17 June 2019 Europe needs to deepen its innovation capability to compete on global markets and maintain and improve the European way of life, as called for by the European Council as recently as June 2018 and March 2019. That is why the Juncker Commission has ...

Eurostat: Romania, leader in EU in labour costs advance in first quarter of 2019

Tuesday, June 18, 2019

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The total labor cost in Romania recorded the largest increase among EU member states in the first quarter of 2019 compared to the similar period in 2018, according to data released on Monday by the European Statistics Office (Eurostat).Hourly labor cost increased in the first three months of this year by 2.6 percent in the European Union and by 2.4 percent in the euro area compared to the same period in 2018. In the fourth quarter of 2018, there was a 2. 8 percent ...

First quarter of 2019 : Euro area job vacancy rate at 2.3%; EU28 rate at 2.4%

Tuesday, June 18, 2019

The job vacancy rate in the euro area (EA19) was 2.3% in the first quarter of 2019, stable compared with the previous quarter and up from 2.1% in the first quarter of 2018, according to figures published by Eurostat, the statistical office of the European Union. In the EU28, the job vacancy rate was 2.4% in the first quarter of 2019, up from 2.3% in the previous quarter and from 2.2% in the first quarter of 2018. In the euro ...

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