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Munich Security Conference/ Head of Romanian diplomacy - meetings with Dutch and Ukrainian counterparts
Tuesday, February 18, 2025
The minister of foreign affairs, Emil Hurezeanu had on Saturday in Munich, on the margin of the Security Conference, meetings with his Dutch and Ukrainian counterparts.According to a MFA press release, during the meeting with the minister of foreign affairs of the Kingdom of the Netherlands, Caspar Veldkamp, the two officials tackled aspects of bilateral agenda, as this year Romania and the ...
DefMin meets Rheinmetall company representatives
Tuesday, February 18, 2025
National Defence Minister Angel Tilvar, while at the Munich Security Conference, had a meeting with representatives of the German company Rheinmetall AG. An important point of discussion was the project for building a powder plant in Romania through a partnership between Romarm and Rheinmetall, the National Defence Ministry (MApN) announced on Sunday."Cooperation with companies like Rheinmetall, a major player in the global defense technology market, ...
Interim President Bolojan meets central bank management
Tuesday, February 18, 2025
Interim President Ilie Bolojan on Monday welcomed a delegation of the management of the National Bank of Romania (BNR) at the Cotroceni Presidential Palac, represented by Governor Mugur Isarescu and Deputy Governor Cosmin Marinescu.According to the Presidential Administration, the meeting took place amid the current macroeconomic picture dominated by internal and external risks and uncertainties that require prudence and responsibility in terms of economic ...
Isarescu: Any US-EU trade war will generate recession
Tuesday, February 18, 2025
A possible trade war between the US and the European Union will generate recession and then things will get even more complicated, because Romania is already entering a period of demand deficit, governor of the National Bank of Romania (BNR) Mugur Isarescu said on Monday at a conference presenting BNR's Quarterly Inflation Report."In Europe, there will not only be an inflationary impact. I think an eventual trade war will generate recession and then ...
National Bank revises upwards to 3.8% inflation forecast for year's end
Tuesday, February 18, 2025
The National Bank of Romania (BNR) has revised upwards, to 3.8%, from 3.5% previously, the inflation forecast for the end of 2025 and anticipates that it will reach 3.1% at the end of 2026, according to data presented on Monday by the Governor of the BNR, Mugur Isarescu."According to the baseline scenario of the macroeconomic projection, the annual inflation rate will continue to fluctuate in the first part of the current year. The indicator ...
Annual inflation rate will continue to follow generally decreasing trend throughout the year
Tuesday, February 18, 2025
The annual inflation rate, measured based on the consumer price indices, will continue to follow a generally decreasing trend throughout the current year, followed by a stabilisation in the upper half of the target range starting 2026, National Bank of Romania (BNR) Governor Mugur Isarescu said on Monday."Most certainly, what is happening now, the tension between the United States and the European Union, could not be included in this forecast. Based on ...
National bank to allow more flexibility for exchange rates to draw in capital
Tuesday, February 18, 2025
The National Bank of Romania will give "little by little" more flexibility to the exchange rate as the domestic political tension diminishes and capital begins to enter, Governor of the National Bank of Romania (BNR) Mugur Isarescu said on Monday.In his opinion, at this moment "it is not the case to depreciate the exchange rate.""Let's wait and see what the market tells us. But before I said one more thing, at the moment, it is not the case to ...
Trade exchanges between Romania and Germany slightly up, to 42.1 B euros, in 2024
Tuesday, February 18, 2025
Trade exchanges between Romania and Germany saw a moderate increase last year, up to 42.1 billion euros, with Romania maintaining its 17th position among Germany's trading partners, according to a press release of the Romanian-German Chamber of Commerce and Industry (AHK Romania).The increase in trade volume compared to 2023 is 0.9%. Imports from Romania amounted to 19.8 billion euros (+1.4%), and German exports to Romania reached 22.4 billion euros (+0.6), ...
FT, about how Trump admin pressures Romania on Tate brothers file
Tuesday, February 18, 2025
The Trump administration has pressured Romanian authorities to lift travel restrictions on Andrew Tate, a supporter of the US president who is facing criminal charges in Bucharest, ...
Romania adds two more practices to its list of living elements of intangible cultural heritage
Tuesday, February 18, 2025
Utilitarian ceramics from Schitu Stavnic, Iasi County, and traditional techniques of yogurt making and related social practices have been added to Romania's list of living elements of the intangible cultural heritage."The National Register of Intangible Cultural Heritage is our calling card in the world. Any active practice of traditional culture has to be added there before it can be proposed for UNESCO lists. Last year, on November 7, the Ministry of ...
Reuters:In Munich, Vance accuses European politicians of censoring free speech
Monday, February 17, 2025
Vance adopts confrontational tone in Munich speech Accuses European politicians of fearing their own people Vance says real threat for Europe is not from Russia or China U.S. Vice President JD Vance on Friday took a swipe at European governments for ...
Acting President Bolojan: Romania's foreign policy to reaffirm our primary objectives
Monday, February 17, 2025
The acting President of Romania, Ilie Bolojan, assures European partners and NATO allies that Romania remains a reliable ally, firmly committed to a cohesive European Union, a stronger Euro-Atlantic Alliance and a solid transatlantic partnership."As Interim President of Romania, I reassure all our partners and allies that Romania remains a reliable ally, firmly committed to a cohesive European Union, a stronger NATO and a solid transatlantic partnership," ...
Crin Antonescu:Acting president should explain to U.S. leaders Romania's next presidential vote will be democratic
Monday, February 17, 2025
In his position as acting president, Ilie Bolojan must contact the top American administration and explain the reasons why the presidential election was canceled and also assure there is no doubt that Romania will hold democratic elections, ruling coalition presidential candidate Crin Antonescu said."If President Iohannis didn't do it, Ilie Bolojan is bound to. Mr. J.D. Vance's intervention was correct. President Klaus Iohannis should have directly engaged ...
Former NATO's deputy head Geoana: It's not easy to be Romanian today at Munich Security Conference
Monday, February 17, 2025
Former NATO Deputy Secretary General Mircea Geoana reacted after the speech of American Vice President J.D. Vance, showing that in order to overcome this ''real crisis of credibility'' much more will be needed than ''impeccably organized'' presidential election.''It is not easy to be Romanian today at the Munich Security Conference. Vice President J.D. Vance's speech brought Romania's case back to the attention of the entire world. The ...
Interior minister: Romanian state must do more to explain what happened during 2024 presidential election
Monday, February 17, 2025
The Romanian state must do more to explain what happened during last year's presidential election and the reaction of state institutions to attempts to impinge on their integrity and legality, with the consequence that the equal chances of the candidates were affected, interim Chairman of the National Liberal Party (PNL), Minister of the Interior Catalin Predoiu said on Saturday."The new Washington administration is planning a fast transformation of ...
Russian Embassy in Bucharest assures Romania not targeted by Russian attacks whatsoever
Monday, February 17, 2025
The Russian Federation does not look to attack Romania whatsoever - the Russian Embassy in Bucharest assured in response to the Russian chargé d'affaires being summoned to the Romanian Foreign Ministry in the wake of the drone attack that took place on Thursday at the eastern Romanian-Ukrainian border.The Russian Embassy in Bucharest said that the clarifications come in the context of the summoning of Russia's chargé d'affaires a.i. to ...
În Munich, Romanian foreign minister has bilateral meetings with European, U.S. officials
Monday, February 17, 2025
Romanian Foreign Minister Emil Hurezeanu, attending the Munich Security Conference, had bilateral meetings on Friday with several European and U.S. officials: Belgium's new Deputy Prime Minister and Minister of Foreign Affairs, European Affairs and Development Cooperation Maxime Prevot, Bulgarian new Foreign Minister Georg Georgiev, Turkish Foreign Minister Hakan Fidan, Egyptian Minister of Foreign Affairs, Emigration and Expatriates Badr Abdellatty, U.S. Congress ...
Romanian, Bulgarian ForMins discuss Schengen membership, cross-border cooperation projects
Monday, February 17, 2025
Romanian Foreign Minister Emil Hurezeanu and his Bulgarian counterpart Georg Georgiev discussed on Friday on the sidelines of the Munich Security Conference, the Foreign Ministry in Sofia announced as cited by news agency BTA, noting that Georgiev said that Bulgaria highly values the excellent relations of good neighbourliness, friendship and partnership with Romania, whereby both countries successfully achieved full Schengen accession.Minister Georgiev ...
Romanian, Moldovan and Ukrainian parliamentary legal committees sign resolution in support of just Ukraine peace
Monday, February 17, 2025
Representatives of the Romanian Senate's Legal Committee, convened in a meeting in Moisei - Maramures County with fellow MPs sitting on the Legal Committee of the Moldovan Parliament and on the Legal Policy Committee of the Ukrainian Verkhovna Rada, agreed to adopt a resolution firmly condemning the war of aggression waged by the Russian Federation on Ukraine and reaffirming support for the restoration of a just and lasting peace that respects Ukraine's political ...
Romania joins in two NATO high visibility projects
Monday, February 17, 2025
Romania's Defence Minister Angel Tilvar signed on Thursday in Brussels two letters of intent regarding Romania's participation in two new NATO high visibility projects.Tilvar attended a NATO Defence Ministers meeting.According to the Romanian Defence Ministry (MApN), the initiatives to which Romania is a part following the signing of the letters of intent are aimed at developing and commissioning for combat more effective solutions ...