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Patrick Griffin: Romania will have the latest version of Patriot defense system this year

Wednesday, June 30, 2021

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Romania will receive the latest version of the American Patriot air defense system Patriot, Patrick Griffin, program manager of Patriot missile system in Romania, within Raytheon Missiles and Defense company.   Romania has now a Patriot target system which the American company delivered in September 2020.   At the same time, Romania will ...

Deloitte’s report “Building credible climate commitments – a roadmap to earning stakeholder trust”

Wednesday, June 30, 2021

Climate change risk is an increasingly significant driver in investment models and has been cited by almost 90% of institutional investors as the most significant ESG (environmental, social, governance) factor influencing their decisions to invest in a company, according to Deloitte’s ...

Parliament debates and votes on the censure motion against the Citu Government submitted by PSD

Tuesday, June 29, 2021

On Tuesday, the Parliament debates and votes on the censure motion against the Citu Government submitted by PSD and entitled "Failed Romania. The 'fantastic' record of the Citu Government".    National leader of the opposition Social Democratic Party (PSD) Marcel Ciolacu said that on Tuesday, all the Social Democrat MP will attend a debate and vote on the motion of no-confidence, and for the motion ...

INSCOP poll: Over 59% of Romanians would go for nationalist party supporting traditional family

Tuesday, June 29, 2021

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More than 59% of the respondents to an INSCOP poll would vote for a nationalist party that promotes religious values and supports the traditional family, however, about two-thirds would not support such a party if it promoted Romania's withdrawal from the European Union, the rapprochement with Russia or the restriction of the national minorities' rights.The opinion poll "Public distrust: West vs. East, the rise of the nationalist current in the age of ...

Georgia's Chief of Defence Matiashvili visiting Romania

Tuesday, June 29, 2021

Romania's Defence Minister Nicolae Ciuca and Romania's Chief of Defence Daniel Petrescu on Monday welcomed Georgia's Chief of Staff Giorgi Matiashvili at the headquarters of the Ministry of Defence (MApN).The Georgian military official is visiting Romania through Tuesday at the invitation Petrescu.In their conversations, the three officials underscored the importance of the Romanian-Georgian military relationships and the progress made by Georgia ...

Romania sells anti-COVID vaccine to several countries; for Denmark - one million doses

Tuesday, June 29, 2021

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Prime Minister Florin Citu said on Monday that Romania sells anti-COVID-19 vaccine to several countries, with Denmark to receive one million doses.He was asked about the doses of anti-COVID-19 vaccine that are about to expire."We have these statistics. Some of the doses were exported. Not of those that were going to expire now on the 30th, maybe and of those that were going to expire now on the 30th, but there is an analysis of all of them, we ...

EU Digital COVID Certificate to become available for download in Romania on July 1

Tuesday, June 29, 2021

The European Union Digital COVID Certificate will become available for download in Romania on July 1 on certificat-covid.gov.ro, senior official with Romania's Health Ministry Andrei Baciu said on Monday.Baciu added that those who do not have access to the internet will be able to obtain the certificate with the aid of their family physicians or the public health directorates."These can also be downloaded in Romania on July 1 from ...

Coronavirus: 100th EU disinfection robot delivered to European hospitals

Tuesday, June 29, 2021

Today (Monday, June 28 – e.n.) marks the delivery of the 100th disinfection robot, part of the Commission's action to supply these to hospitals across the EU to help them cope with the effects of the coronavirus pandemic, a press release informs.   Emergency Clinical Hospital Bagdasar-Arseni in Bucharest is receiving the robot today and six ...

XTB Romania : The exchange rate will reach 4.99 lei/euro at the end of 2021

Tuesday, June 29, 2021

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The exchange rate will reach 4.99 lei/euro at the end of 2021 with the break of the symbolic level of 5 lei/euro in next spring, while the exchange rate for dollar/euro could get to 4.20 lei/dollar in December and 4.30 lei/dollar in March next year, shows an analysis made by Claudiu Cazacu, Consulting Strategist in XTB Romania.Moreover, after an advance of the economy of 5.7% in 2021, the estimates aim at a jump of 5.1% in 2022 and one of 4.5% in ...

CFA Romania analysts anticipate budget deficit of 6.4 pct of GDP in 2021

Tuesday, June 29, 2021

Financial analysts anticipate this year's budget deficit will be 6.4 percent of GDP and the inflation rate over a 12-month time horizon, respectively June 2022 - June 2021, to be 3.75 percent, Romania's chartered financial analysts association CFA Romania said in a release.At the same time, none of the survey participants predicts a decrease in the inflation rate in the next 12 months.As regards the euro/leu exchange rate, over 93 percent of the ...

BNR registered last year a profit of over two billion lei, up by 13.21%

Tuesday, June 29, 2021

The National Bank of Romania (BNR) registered in 2020 a profit worth 2.034 billion lei, up by 13.21% against the previous year, when it got  a profit of 1,797 billion lei, according to the BNR annual report.‘According to the law, the share of 80% of the net income belonging to the state budget was worth 1.627 billion lei. From the profit left at the disposal of BNR, worth 406.955 million lei, a proportion of 60% was kept  for the increase of ...

TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD JUNE – AUGUST 2021

Tuesday, June 29, 2021

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- Growth of activity in construction, retail trade and services - Moderate growth in the number of employees in construction, retail trade and services - Price growth in manufacturing, construction and retail trade   Activity in the construction, retail and services sectors is seen increasing in the next ...

Analysis: Romanian corporate intelligence service market reaches almost 10 million Euro, last year

Tuesday, June 29, 2021

 The value of corporate intelligence service market in Romania neared 10 million Euro in 2020, and approximately 10% of companies access such services, when they are involved in a transaction, whether it is about a merger, or an acquisition, shows a Corporate Intelligence Agency analysis, published on Monday."Corporate intelligence means, before all, a priceless help for local, foreign investors or for newcomers, who are not familiar with the market ...

Seventh edition of 'Drama Under the Moonlight' festival to start on July 2

Tuesday, June 29, 2021

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 "Teatrul sub luna" (Drama Under the Moonlight) outdoor festival will take place every Friday, Saturday and Sunday July 2 to 25 at the InDArt Theatre House.In its seventh edition, its playbill includes twelve theatre performances that emphasise love in various forms, with the atmosphere rounded up by eight acoustic concerts, a stand-up comedy show, photography, painting, books exhibitions, installations and other art forms, and also moments dedicated to ...

President Iohannis: EU principles, support for Eastern Neighborhood states - key elements in managing relations with Russia

Monday, June 28, 2021

President Klaus Iohannis pointed out at the European Council meeting that, from Romania's perspective, the key elements in managing relations with the Russian Federation are the five principles agreed by the Union, EU solidarity and cooperation with partners with similar positions, as well as continuing and intensifying support for partners in the Eastern Neighborhood, the Presidential Administration informs.The Romanian president also emphasized the ...

President Iohannis invites EU member states to contribute experts to Euro-Atlantic Resilience Center's activity

Monday, June 28, 2021

President Klaus Iohannis has invited European Union member states to contribute to the activity of the Euro-Atlantic Resilience Center in Bucharest by inviting experts.The head of state attended the European Council meeting and the Euro Summit in an extended format on Thursday and Friday.The main topics on the agenda of the European Council were the management of the COVID-19 pandemic, the economic recovery process, migration issues, the European ...

President Klaus Iohannis met in Brussels with President of Spain's Government, discusses deepening Strategic Partnership

Monday, June 28, 2021

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President Klaus Iohannis met, on Friday, before the meeting of the European Council, with the President of the Government of Spain, Pedro Sanchez.According to the Presidential Administration, the talks between the two officials aimed at reaffirming the political commitment to deepen and properly capitalize on the Strategic Partnership between Romania and the Kingdom of Spain, especially in the context of celebrating 140 years of diplomatic relations this ...

Minister Aurescu, Armenian president talk about priority attached by EU to security of South Caucasus states

Monday, June 28, 2021

The visit to the South Caucasus of three EU foreign ministers is a "reconfirmation of the priority that both the EU and the Member States give to the stability and security of states" in this region, including "through greater involvement with a view to a lasting settlement of protracted conflicts," Foreign Affairs Minister Bogdan Aurescu said on Friday during talks in Yerevan with President Armen Sarksyan and Prime Minister Nikol Pashinyan, informs a press release sent ...

ForMin Aurescu, Azeri President Aliyev discuss importance EU attaches to Eastern Neighbourhood

Monday, June 28, 2021

Romania's Foreign Minister Bogdan Aurescu highlighted on Friday the importance that the European Union attaches to the countries in its Eastern Neighbourhood, as well as the EU interest in an increased involvement in the region, including in order to solve prolonged conflicts, in talks in Baku with President of the Republic of Azerbaijan Ilham Aliyev and with head of Azerbaijani diplomacy Jeyhun Bayramov.According to the Romanian Foreign Ministry (MAE), ...

British and German Air Force to carry out joint Air Policing mission in Romania

Monday, June 28, 2021

Air Chief Marshal Sir Michael Wigston, in command of the British Royal Air Force and Chief of the German Air Force, Lieutenant General Ingo Gerhartz, will sign, on July 1, at 57th Mihail Kogalniceanu Air Base, the Declaration on Eurofighter Typhoon interoperability for joint Air Policing missions.The ceremony will be hosted by the Chief of Staff of the Air Force, Major General Viorel Pana, informs a press release from the Ministry of National Defense ...

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