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PM Dancila: We are not endorsing a mandate for Laura Codruta Kovesi as European prosecutor-in-chief

Thursday, September 19, 2019

The Government doesn't endorse a mandate for Laura Codruta Kovesi as European prosecutor-in-chief, Prime Minister Viorica Dancila stated on Wednesday."I've said and I repeat this thing. I don't endorse, we don't endorse a mandate for Laura Codruta Kovesi. We are not endorsing this mandate because it seems to me a natural approach, when there are certain accusations, when there are suspicions over any person, regardless of the office that one holds or the office ...

Eurostat: Romania and Hungary, the highest annual inflation rate in the European Union, in August

Thursday, September 19, 2019

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The euro area annual inflation rate was 1.0% in August 2019, stable compared to July. A year earlier, the rate was 2.1%. European Union annual inflation was 1.4% in August 2019, stable compared to July. A year earlier, the rate was 2.2%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Portugal (-0.1%), Greece (0.1%) and Spain (0.4%). The highest annual rates were recorded ...

Romanian Investor Relations Association signs partnership with the UK Investor Relations Society

Thursday, September 19, 2019

The Romanian Investor Relations Association (ARIR) and the UK Investor Relations Society / IR Society have concluded a partnership to offer international certification to professionals in the investor relations field, reads a release of the ARIR sent on Wednesday.The professionals in the Romanian investor relations field have now access to the IR Society courses, which will allow them to obtain a Certificate in Investor Relations - CIR from a global provider. CIR ...

Price for Romanian gas double than price on international markets, in August

Thursday, September 19, 2019

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The price for the Romanian gas traded on the Romanian Commodities Exchange (BRM) is double the price of the gas traded on the Vienna Exchange, namely 106.8 lei against 56.2 lei per MWh, in August, according to data sent by the BRM.Ever since the beginning of the year, the price for the domestic gas continued to increase, while the index on the Vienna Exchange (CEGH Front Month Index) has dropped constantly.Thus, in January, the Romanian gas cost 92 lei ...

Coface: The stimulation of the economy on the basis of consumption helped  the big companies mostly

Thursday, September 19, 2019

Only the big companies managed to capture the effects of the economic growth based on consumption as they were the only to be able to increase the capacity of production or distribution, stated on Wednesday Iancu Guda, services manager, Coface Romania at  the presentation of Top 500 companies of Central and Eastern Europe (CEE) made by Coface. ‘This stimulus on consumption, on purchase power, you cannot get it unless you can adapt, you grow ...

European Parliament: Nearly €300 million in EU aid after 2018 floods in Austria, Italy, Romania

Thursday, September 19, 2019

On Wednesday, MEPs approved € 293 551 794 million in EU Solidarity Fund aid following extreme weather events in Austria, Italy and Romania in 2018. The €293.5 million in aid from the European Union Solidarity Fund ...

Romania in July records biggest growth of construction work in EU

Thursday, September 19, 2019

Construction work in Romania recorded a growth of 39.5 pct in July 2019, compared to the similar period of 2018, that being the most significant advance amongst the EU member states, show the data published on Wednesday by the European Statistical Office (Eurostat),In July, construction work grew annually by 1.7 pct in the EU and 1.1 pct in the Eurozone.The most important annual advance of construction work was recorded in Romania (39.5 pct), Hungary ...

PM Dancila to start working visit to the US on Sunday

Wednesday, September 18, 2019

Prime Minister Viorica Dancila has announced that she will start a visit to the US as of Sunday, which will also have "a strong economic component" and which will also represent "a good occasion to present business opportunities of Romania to the US investors.""We are consolidating the relations with the EU member states, and, at the same time, we are strengthening the Strategic Partnership we have with the US. On Sunday, I will begin a working visit to the US, ...

The EU Council will discuss, on Thursday, the head of the European Public Prosecutor's Office

Wednesday, September 18, 2019

The Finnish Presidency of the EU Council wants to test a posible support for Romanian candidate Laura Codruta Kovesi for the position as top EU prosecutor in the COREPER Council this Thursday, sources close to the EU Council told HotNews.ro on Tuesday.On Tuesday, negotiators of the European Parliament and the EU Council held a video conference on the future top European prosecutor and both teams showed support for their initial options: the EP for Kovesi and the ...

Second round of Romanian-Polish intergovernmental talks held in Bucharest on Wednesday

Wednesday, September 18, 2019

The second round of  Romanian-Polish intergovernmental talks will be held in Bucharest, on Wednesday. The two heads of state will have a meeting and will sign several memorandums , premier Dancila announced at Victoria Palace. “Tomorrow we will host the second round of  Romanian-Polish intergovernmental talks in Bucharest and I will have a meeting with my counterpart, the prime minister of Poland. It will be a good opportunity to ...

JusMin Birchall: Two major conclusions and neither supports the functioning of SIIJ in this form

Wednesday, September 18, 2019

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Minister of Justice Ana Birchall stated, on Tuesday, that there are two major preliminary conclusions of the working group with the Ministry of Justice regarding the Section for Investigating Crimes in Justice (SIIJ), neither of which supports the functioning of the SIIJ in its current form."Some time ago we established an inter-ministerial working group at the level of the Ministry of Justice, coordinated directly by the Minister of Justice. (...) In what regards ...

Former MEP Catalin Ivan to run for President

Wednesday, September 18, 2019

Former MEP Catalin Ivan, the chairman of the Alternative for National Dignity (ADN), told a press conference on Tuesday, that he is to run for President.He chose to make this announcement in "a symbolic place of Romania's industry," namely a production hall of GRIRO (former Grivita plant), mentioning that his electoral campaign is called "IVAN 24," signaling the demarche of a long-term political project. "The ADN has all the right documents, after ...

150 Romanian troops participate in Saber Junction 19 exercise in Germany

Wednesday, September 18, 2019

Approximately 5,400 troops from 16 countries, including Romania, participate over September 3-30 in multinational exercise "Saber Junction 19" (SJ19), which is mostly carried out in the training centres in Grefenwoehr and Hohenfels, but also at the Ramstein Air Base, in Germany, reads a release of the Land Forces Staff on Tuesday.Participating in the exercise are servicemen from Azerbaijan, Bosnia, Bulgaria, Croatia, Georgia, Italy, Kosovo, Lithuania, Macedonia, ...

Fiscal Council president'recommendations : Postponing new income increases, waiving new tax cuts

Wednesday, September 18, 2019

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The President of the Fiscal Council, Daniel Daianu, recommends postponing new increases of incomes / salaries, stopping the promises that generate unrealistic expectations in citizens and restructuring the state apparatus given that, according to him, the acute deficit of fiscal area is increasingly dangerous.Daniel Dianu argues, in an article published on the institution's website, that without being a "tax haven", Romania has reached the penultimate position in ...

Study: Failing to implement new technologies puts Romania at risk of falling behind regional peers

Wednesday, September 18, 2019

In a global economy where new technologies are increasingly making a difference, it is absolutely necessary for Romania to move on to new economic models, which include robots, digitalization and automation. Without significant investments in technology, the country will miss the fourth industrial revolution (Industry 4.0) and the economy will lose significantly in terms of competitiveness, according to a survey among investors, conducted ...

National Information System for Adoption adopted by Gov't

Wednesday, September 18, 2019

The Government has approved, on Tuesday, the decision to establish the National Information System for Adoption (SINA), the Ministry of Labor and Social Justice (MMJS) informed in a release sent on Tuesday.The computer system will continue the process for administrative simplification and debureaucratization in the realm of child protection and adoption and will facilitate the communication between interested persons and institutions with competence in the domain, ...

Value of trade betweeen Romania and Thailand has reached 300 milllion US dollars

Wednesday, September 18, 2019

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 The value of trade between Romania and Thailand reached 300 million US dollars last year, 2018 being the best year from this point of view, said on Tuesday, Sorin Dimitriu, the president of the Chamber of Commerce And Industry of the Municipality of Bucharest (CCIB), at the opening of the Romania-Thailand Business Forum."Why a Romania-Thailand business forum?! It is part of the strategy of our chamber of commerce to approach non-EU markets, a strategy that ...

Statistics: 27.3 of agricultural households do not have a washing machine

Wednesday, September 18, 2019

Households led by persons who are unemployed or farmers have the biggest issues in acquiring durable goods, the lack of financial resources making 27.3 percent of agricultural households not have washing machines, according to data published by the National Institute of Statistics (INS)."The ownership of durable goods such as electronic appliances, home appliances and vehicles are an objective necessity to ensure a decent standard of living, adequate to the ...

Bulgaria, Greece, Poland and Romania have highest share of population employed in agriculture

Wednesday, September 18, 2019

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In agriculture, forestry and fisheries, among the states of east and south of the European Union, 27 different regions reported in 2016 a percentage of employees at least three times higher than the EU average of 4.5 percent, including five out of six regions in Bulgaria, eight out of 13 regions in Greece, six regions in Poland and five out of eight regions in Romania, show the data published on Tuesday by the Eurostat.In 2016, there were 232 million people ...

ANPC study: 22.78 pct of the products analyzed present differences in Romania compared to Western Europe

Wednesday, September 18, 2019

A study conducted by the National Authority for Consumer Protection (ANPC) shows that 22.78 pct of the total of products checked show differences in Romania as compared to the versions sold in Western Europe, stated, on Tuesday, Paul Anghel, general director of the ANPC, in a specialty conference."We checked depending on the labels that were presented to us in the European study. There were 128 products analyzed there. Of these 128 products, identical products by ...

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