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Ramona Manescu, Hans Klemm meet, depeening cooperation in Energy, on agenda

Wednesday, October 16, 2019

The Minister of Foreign Affairs, Ramona Manescu, met on Tuesday with the United States Ambassador in Bucharest, Hans Klemm, context in which they discussed about energy cooperation, included."The two officials reviewed the latest regional developments, with an emphasis on the Eastern Neighbourhood. At the same time, they continued the discussions on the coordinated putting into practice of the joint decisions adopted at the last high-level political meetings in ...

Royal visit to Paris: Crown Custodian, Prince Radu - present in inauguration of Queen Mary of Romania Promenade

Wednesday, October 16, 2019

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The Custodian of the Crown, Margareta, and Prince Radu participated on Tuesday, in the context of their visit to Paris, in the official inauguration of the "Queen Mary of Romania Promenade," located on the banks of the Seine, near the Eiffel Tower, informs a Royal House release issued .According to the quoted source, on this occasion, the inaugural plaque confirming the attribution of the name of Queen Mary to this street, located in one of the most prestigious ...

Gov't spokesman Barbu, appointed consul general of Romania in Shanghai

Wednesday, October 16, 2019

Nelu Barbu, the spokesperson for Romania's government, has been appointed Romania's consul general in Shanghai by a decision approved by the government at a meeting on Monday, according to official sources.The decision is to be published in the Official Journal.In February 2018, Barbu was appointed state adviser with the prime minister's working staff and also held the office of governmental ...

Market services provided to enterprises advance 12.2 per cent in Jan-Aug

Wednesday, October 16, 2019

Compared to the previous month, in August 2019 the turnover of market services rendered mainly to enterprises, in nominal terms, decreased as gross series by 4.8% and increased as adjusted series according to the number of working days and to seasonality by 0.1%. Compared to the corresponding month of the previous year, the turnover of market services rendered mainly to enterprises, in nominal terms, increased both ...

Wholesale trade advances 5.2pct in Romania, Jan.- Aug. 2019

Wednesday, October 16, 2019

As against the previous month, in August 2019 the wholesale turnover (excluding the trade with motor vehicles and motorcycles), in nominal terms, decreased both as gross series and as adjusted series according to the number of working days and to seasonality by 1.1%. As against the corresponding month of the previous year, the wholesale turnover (excluding the trade with motor vehicles and motorcycles), in nominal ...

Construction works up 27 pct in January-August

Wednesday, October 16, 2019

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Compared to the previous month, in August 2019, the volume of construction works increased, as gross series, by 0.6% and the adjusted series according to the number of working days and to seasonality remained at the same level. Compared to the corresponding month of the previous year, the volume of construction works rose both as gross series and as adjusted series according to the number of working days and to ...

Survey: Gross private sector wages in Romania up 9.4 pct in 2019

Wednesday, October 16, 2019

Gross wages in Romania’s private companies increased by an average of 9.4 percent in 2019, according to the PayWell Salary and Benefits Survey conducted by PwC Romania. The salary increase reported for 2019 exceeds the 4.6 percent level estimated for this year by respondent companies in the survey’s previous edition. For 2020, private companies are estimating a 5.7 percent average gross wage increase. The highest average wage growth in ...

Bucharest ranks as the European destination with the highest potential for development

Wednesday, October 16, 2019

For the second consecutive year, Bucharest ranks as the European destination with the highest potential for development, according to the Global Mastercard Index of Urban Destinations 2019, a study that offers a significant analysis on urban tourism and the behavior of tourists from the last 10 years. Despite major recent social changes and technological advancements, people’s desire to travel around the world, visit and learn about other ...

Iohannis continues talks with ProRomania, ALDE, PMP, minorities, PNL - Monday; USR, UDMR - Tuesday

Tuesday, October 15, 2019

President Klaus Iohannis continues talks for the appointment of a new prime minister on Monday and Tuesday. According to political sources, President Klaus Iohannis met on Monday Pro Romania Chairman Victor Ponta, Alliance of Liberals and Democrats (ALDE) national leader Calin Popescu-Tariceanu, People's Movement Party (PMP) national leader Eugen Tomac, representatives of national minorities and national leader of the National Liberal Party (PNL) Ludovic Orban.On ...

PNL's Orban: We will have consultations with all parties that supported censure motion

Tuesday, October 15, 2019

The Chairman of the National Liberal Party (PNL) Ludovic Orban said on Monday that the Liberals will have consultations with all the parties that supported the censure motion on the vote for the future Government."We will hold consultations with all the political groups with whom we have worked so well to ensure the success of the censure motion, following a calendar that we have not yet finalized, but which will soon be finalized. (...) Today, in the Executive ...

Liberals want a government with 15 to 16 ministries

Tuesday, October 15, 2019

The Liberals have considering a government with a lower number of ministries - 15 or 16. Some of the current ministries would be brought together under one umbrella, others would be dismantled. Ministries must ensure the coordination of public policies in very clear, unitary, coherent areas and for this reason it is normal that you need a maximum of 15 ministries, this also means a reduction in the number of agencies, authorities that exist and an ...

Social Democrat MPs will not vote on investiture of new government

Tuesday, October 15, 2019

The Social Democratic Party (PSD) MPs will not vote on the investiture of the new government, the decision being taken unanimously during the meeting that took place of Monday, a release of the Social Democrats announced."PSD will not vouch for an executive of massive layoffs, for pension and salary cuts, for lowering the welfare of Romanians! It's the responsibility of parties who initiated and voted for the censure motion to ensure the necessary majority to ...

USR's Barna to spell out conditions for supporting new cabinet at fresh round of presidential talks

Tuesday, October 15, 2019

National leader of the Save Romania Union (USR) Dan Barna has said that he will attend a new round of talks at the Cotroceni Presidential Palace on Tuesday, adding that he will have a conversation with the union's local leaders to determine the conditions under which USR will support the new caretaker cabinet and that USR will stick to not joining the government until after the parliamentary elections.Barna said that there is consensus within the USR over four ...

Varujan Pambuccian: We will support PNL Government

Tuesday, October 15, 2019

The leader of the parliamentary group of national minorities, Varujan Pambuccian, said on Monday that the members of his group will support a National Liberal Party (PNL) Government."We will support a PNL Government and we have not set conditions for this support, but we have discussed the issues we want from this government, which are broadly issues related to minorities and cults. (...) We would like, for example, for the Department of Cults to remain under the ...

EU Council confirms Romania's Kovesi's appointment as first European chief prosecutor

Tuesday, October 15, 2019

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The Council of the European Union today agreed to the appointment of Laura Codruta Kovesi to be the first European chief prosecutor. The appointment must now also be confirmed by the European Parliament, according to a press statement released on Monday by the Council of the EU.Kovesi is currently a prosecutor within the Prosecutor's Office with Romania's Supreme Court of Justice and Cassation. She held various positions as prosecutor during her career in ...

Crown Custodian and Prince Radu pay visit to Paris

Tuesday, October 15, 2019

  Crown Custodian Margareta and Prince Radu are currently paying an official visit to Paris, which started on Sunday to end on Tuesday, reads a release of the Royal House sent on Monday. On Sunday, Her Majesty Margareta and Prince Radu were the guests of the Romanian Embassy in Paris, where they attended five events occasioned by the opening of the "Love of Beauty" Festival, organised by the Romanian Orthodox Metropolitanate of ...

Defence ministers from South-East Europe to meet in Bucharest

Tuesday, October 15, 2019

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The Defence ministers from South-East Europe will meet on Wednesday in Bucharest. According to a release from the Ministry of National Defence , the meeting of South-Eastern Europe Defence Ministerial (SEDM) represents a good opportunity to reconfirm Romania's commitment to the projects carried out within the initiative, as well as to support certain proposals aimed at consolidating the SEDM as the main cooperation format in South-East Europe, in the context of the evolution ...

FDI  in Romania increases by over 2.84pct, Jan.-Aug. 2019

Tuesday, October 15, 2019

Foreign direct investment (FDI) in Romania increased in the first eight months of 2019 by 2.84pct compared with the same period one year ago, to 3.581 billion euros, according to data released on Monday by the National Bank of Romania (BNR)."Non-residents' direct investment in Romania amounted to 3.581 billion euros (as against 3.482 billion euros in January-August 2018), out of which the equity investment (including the estimated net reinvested profit) totalled ...

The current account deficit widens by 16pct, Jan.-Aug. 2019

Tuesday, October 15, 2019

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August 2019, Romania's balance-of-payments current account posted a deficit of 7,080 million euros, compared with 6,104 million euros in the same year-ago period, according to a press statement released by the National Bank of Romania (BNR) on Monday.The deficit in trade in goods widened by 2,081 million euros, the surplus of services income increased by 357 million euros, while the deficit in the primary income balance narrowed by 963 million euros, and the ...

The total foreign debt of Romania has increased by 9.1 billion euro over the first eight months

Tuesday, October 15, 2019

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The total foreign debt of Romania has increased by 9.131 billion euro over the first eight months at 108.972 billion euro, according to the data published on Monday by the National Bank of Romania (BNR). During this period, the public foreign debt has increased by over 6.2 billion euro, at 41.117 billion euro. On 31st December 2018, the total foreign debt was 99.841 billion euro, and the public foreign debt was 34.850 billion euro, according to the ...

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