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Fitch Affirms Romanian City of Oradea at 'BBB-'; Outlook Negative

Monday, May 10, 2021

 Fitch Ratings has affirmed this Friday the Romanian City of Oradea's (Oradea) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-' with Negative Outlooks. The Negative Outlook reflects that of Romania (BBB-/Negative/F3).   The rating affirmation reflects Fitch's expectations that the city's performance in 2021 will remain robust and resilient to the economic downturn driven ...

Fitch Affirms Romanian City of Brasov at 'BBB-'; Outlook Negative

Monday, May 10, 2021

   Fitch Ratings has affirmed this Friday the Romanian City of Brasov's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-' with Negative Outlooks.   A full list of rating actions is on ...

Fitch Affirms Romanian City of Buzau at 'BBB-'; Outlook Negative

Monday, May 10, 2021

 Fitch Ratings has affirmed this Friday the Romanian City of Buzau's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'BBB-' with Negative Outlooks.   The affirmation reflects Fitch's view that Buzau's operating performance and debt ratios will remain in line with 'BBB-' rated peers over the medium term, despite an expected economic downturn triggered by the coronavirus ...

IMF team on virtual Article IV mission to Romania, May 10 - 28

Monday, May 10, 2021

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An International Monetary Fund (IMF) team led by head of the IMF mission for Romania, Jan Kees Martijn, will virtually visit Bucharest between May 10 and 28 for the annual review of Romania's economy known as Article IV consultations, the IMF's regional representative for Central, Eastern and Southeastern Europe Nadeem Ilahi announced on Friday.The IMF team will discuss with the Romanian authorities economic policies and developments, conducting virtual ...

Assets of optional pension funds exceed 3.1 bln lei as of March 31

Monday, May 10, 2021

Assets held by optional pension funds (Pillar III) stood at over 3.1 billion lei as of March 31, 2021, up 30.37 percent YoY, shows data of the Financial Supervisory Authority (ASF).Government securities accounted for the highest share in this amount, with 1.877 billion lei (60.47 pct), followed by stocks with 841.897 million lei (27.12 pct) and bank deposits with 108.078 million lei (3.48 pct).Assets of Pillar III pension funds totaled 3.104 ...

Potential additional workforce comprises 117,900 persons in 2020

Monday, May 10, 2021

- In 2020 the share of underemployed persons1 in the total economically active population was 1.9%, with 0.2 percentage points lower than the previous year - Potential additional labour force2 comprised a number of 117.9 thousand persons, increasing with 1.8% as compared to the previous year    The potential additional workforce comprised 117,900 ...

Hunting associations request scientific study of bear population, for regulating annual harvest quota

Monday, May 10, 2021

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   The Federation of Hunting Associations is requesting the state institutions to swiftly clarify the circumstances in which the bear Arthur was hunted and also to carry out a scientific study of the bear population regarding the scientific regulation of the annual harvest quota of bears."We are certain that the competent authorities have acted within the limits of the law and we consider that extracting aggressive specimens of brown bears ...

Why EC leaves Romania out of major European research consortium

Monday, May 10, 2021

The European Commission has decided to include only the Czech Republic and Hungary in the new Extreme Light Infrastructure (ELI) research consortium, while Romania was not accepted even as an observing member.   “The ELI facilities make up the largest, multi-site laser facility in the world. The host countries, the Czech Republic and Hungary, applied in May ...

Romania registers 350 active outbreaks of African swine fever

Monday, May 10, 2021

A number of 350 outbreaks of African swine fever (ASF) were active in Romania on Friday, affecting 153,397 animals, informs the National Sanitary Veterinary and Food Safety Authority (ANSVSA).Of the 350 active outbreaks, 10 outbreaks were recorded in commercial holdings and 4 outbreaks in type A commercial holdings.From Thursday (April 29) to Thursday (May 6), 9 new ASF outbreaks were registered: three in Salaj County, two outbreaks in Maramures ...

President Iohannis to attend today, in Porto, informal reunion of European Council, as well as EU-India Summit

Friday, May 7, 2021

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President Klaus Iohannis is attending, Friday and Saturday, in Portugal's City of Porto, within the Social Summit, the informal reunion of the European Council, as well as in the EU-India Summit in videoconference format, with Prime Minister Narendra Modi, the Presidential Administration informs.The Porto Social Summit has as central topic the optimal implementation of the European Pillar of Social Rights. The event targets drawing up the priorities of the ...

PM Citu: We recognize vaccination certificates from Hungary, Hungary recognizes ours

Friday, May 7, 2021

Prime Minister Florin Citu announced, on Thursday, that Romania and Hungary reciprocally recognize their vaccination certificates, which may happen in relation to other countries in the European Union."At this moment, we recognize the vaccination certificates from Hungary, Hungary recognizes ours. This is a discussion of the Foreign Affairs Ministry if there is need to sign an agreement or not. (...) In Romania there is that vaccination certificate, which ...

Anti-COVID vaccination marathon kicks off in Bucharest

Friday, May 7, 2021

The anti-COVID vaccination marathon, which will take place at the Palace Hall and the National Library of Bucharest, and will be attended by about 1,200 volunteers - doctors, nurses, residents and medical students - kicks off on Friday at 4 p.m., and will end on Monday morning.Of the 1,200 volunteers, 260 are physicians, 300 nurses, 135 residents and 500 students.At the Palace Hall there will be organized 40 immunisation offices and at the ...

COVID vaccination campaign/ 100,454 persons immunised in past 24 hrs

Friday, May 7, 2021

The National Coordinating Committee for Vaccination Activities against COVID-19 (CNCAV) informs that, in the last 24 hours, 100,454 doses of vaccine have been administered, of which 83,237 - Pfizer, 8,547 - Moderna, 7,778 - AstraZeneca and 892 - Johnson&Johnson, according to the data provided by the National Institute of Public Health Registry through the application of the National Electronic Register of Vaccinations.According to a CNCAV release, sent ...

First antigen Covid-19 self-test produced in Romania, approved

Friday, May 7, 2021

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 The Covid-19 Antigen Self-Test, developed and marketed by DDS Diagnostic, is the only self-test in Romania for the diagnosis of Covid-19 officially validated by the National Agency for Medicines and Medical Devices for personal use, according to a press release of the company sent on Thursday."DDS Diagnostic is, today, officially the first company in Romania to produce and market rapid tests for the diagnosis of Covid-19, certified by the National ...

Aurescu, on Russia's military presence in region: We do not feel threatened; Black Sea is partly NATO

Friday, May 7, 2021

Romania does not feel threatened, but worried about Russia's increased military presence in the region, and thanks to the North Atlantic Treaty Organization, the Black Sea "is partly also a NATO 'lake'," Minister of Foreign Affairs Bogdan Aurescu said on Thursday.He participated in EPC Talks Geopolitics, an online debate. In this context, he spoke about the role of our country on the eastern flank of NATO.Asked if Romania feels threatened by the ...

In remarks to EU ministerial meeting, DefMin Ciuca voices support for strengthening operational level of CSDP

Friday, May 7, 2021

At a meeting of the EU defence ministers as part of a Foreign Affairs Council meeting in Brussels on Thursday, Romania's Defence Minister Nicolae Ciuca voiced support for the efforts to consolidate the operational level of the Common Security and Defence Policy (CSDP) in an "ambitious yet pragmatic" manner, underscoring the importance of the Strategic Compass in drawing up directions to support the implementation of the EU's level of ambition.According to a ...

Romanian Navy takes over chairmanship of Chiefs of European Navies forum

Friday, May 7, 2021

The Romanian Navy is taking over the chairmanship of the forum of the Chiefs of European Navies, and the next meeting of this body will take place in 2022 in Bucharest.Chief of the Romanian Navy Mihai Panait participated on Wednesday and Thursday in a meeting of Chiefs of European Navies (CHENS - CHiefs of European NavieS) that comprises 24 European maritime states, whether they are NATO members or members of the European Union (Belgium, Bulgaria, Cyprus, ...

Speaker Orban: Strategic partnership between Romania and the USA, important foreign policy pillar

Friday, May 7, 2021

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Speaker of the Romanian Chamber of Deputies Ludovic Orban on Thursday met David Muniz, the charge d'affaires of the United States of America in Romania, underlining the importance of continuing and deepening the strategic partnership between Romania and the USA, which is "one of the important pillars of Romania's foreign policy.""I had the pleasure to welcome today to Parliament Mr David Muniz, the charge d'affaires of the United States of America in ...

Minister Nasui: We have spoken to the Prime Minister and we support the 5G Law sent to Parliament

Friday, May 7, 2021

The Ministry of Economy unequivocally supports the 5G Law sent to Parliament, and the notification sent by the ministry came following a communication with the European Commission, Minister of Economy Claudiu Nasui said on Thursday."I spoke with the Prime Minister, we unequivocally support the 5G law sent by the Government to Parliament. We received clarifications from the Commission on this topic because we are a national contact point with the commission ...

BNR: Long-term foreign debt totals 91 billion euro at end of February

Friday, May 7, 2021

The long-term foreign debt totaled, at the end of February 2021, 90.947 billion euro, being 2 pct smaller than the one recorded at the end of last year, according to data published by the National Bank of Romania.The direct public debt totaled 56.001 billion euro (57.307 billion euro at the end of 2020), of which 11,099 billion euro to multilateral institutions (financial credits), 13.4 million euro to bilateral institutions (financial credits), 44.803 ...

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