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County councils voices firm support for Anghel Saligny programme
Monday, August 16, 2021
The National Union of Romania's County Councils (UNCJR) has voiced firm support for the Anghel Saligny local investment governmental programme."The UNCJR strongly supports the initiative of the National Liberal Party national leader Ludovic Orban, Prime Minister Florin Citu and Minister of Development, Public Works and Administration Cseke Attila-Zoltan regarding investment in local infrastructure beyond political ...
Infringement proceedings initiated against Romania over lack of development of water, sewerage networks
Monday, August 16, 2021
Minister of Environment, Waters and Forests Tanczos Barna announced on Friday on his Facebook page that Romania has deficiencies in providing basic utilities, and the European Commission has initiated an infringement procedure against our country because the water and sewerage networks are not yet fully developed."The level of economic development of a society is demonstrated by access to basic utilities, especially access to drinking water and sewerage. ...
FDI in Romania reach 3.138 billion Euro, going up by 215%
Monday, August 16, 2021
Foreign direct investments (FDI) have reached 3.138 billion Euro during the first 6 months, in comparison with 996 million Euro during the similar period of 2020, representing an increase of 215%, according to the data of the National Bank of Romania sent on Friday."Non-residential direct investments in Romania summed up 3.138 billion Euro (in comparison with 996 million Euro during the period of January-June 2020), of which participations to ...
Romania's H1 current account deficit by 73.44 pct wider YoY
Monday, August 16, 2021
The current account of Romania's H1 balance of payments ran a deficit of 7.040 billion euros, by 73.44 percent higher than in the year-ago period, the National Bank of Romania (BNR) announced on Friday.The goods deficit was by 1.557 billion euros higher, the primary income deficit increased by 1.110 billion euros, while the surplus of the balance of secondary revenues and of services was by 276 million euros, and 38 million euros less, ...
H1 turnover of motor vehicle trade up 38.6 pct YoY, market services 36.2 pct higher
Monday, August 16, 2021
The turnover of motor vehicle trade in H1 was 38.6 percent up in unadjusted terms from the same period of 2020, while the turnover for market services provided to the population increased by 36.2 percent, shows data released on Friday by the National Institute of Statistics (INS).The advance of the turnover of motor vehicle trade was the result of growth in the trade in motorcycles, parts and related accessories; motorcycle maintenance and repair (+54.8 ...
Orban: We are affected by episode regarding Citu's conviction, I'm profoundly hurt, I worked for PNL
Friday, August 13, 2021
The chairman of the National Liberal Party (PNL), Ludovic Orban, stated on Thursday that the revelation appearing in the public space about the episode regarding Prime Minister Florin Citu's conviction in the USA in 2000 for a DUI affects the image of the party."It's normal that it affects us. We should have fly masks to pretend it doesn't affect us. I am profoundly hurt. I am the chairman of the PNL, everything I did, all my work, all my efforts, all the ...
USR PLUS wants debate on local development programme, clear criteria for granting public money
Friday, August 13, 2021
Save Romania Union - Freedom, Unity, Solidarity Party (USR PLUS) states that it will not support "a new PNDL [the National Local Development Programme] with allocations on paper" and supports the organization of a broad debate on the local development programme."USR PLUS supports the development of rural localities in Romania, but not through PNDL-type programmes that mean wasting public money on political criteria. The money from PNDL 1 and 2 has reached ...
Forum Expert: Competition between PNL-Citu and PNL-Orban affects public state resources
Friday, August 13, 2021
Forum Expert Organization (EFOR) requested the government coalition on Thursday to elaborate the next National Local Development Program or any other program with similar targets, in a transparent way, considering that the competition between “PNL-Citu and PNL-Orban” affects the public resources of the state. “The competition between PNL-Citu and ...
CNSU updates list of high epidemiological risk countries; exceptions to quarantine for foreign artists, athletes
Friday, August 13, 2021
On Thursday, the National Committee for Emergency Situations (CNSU) approved the list classifying states and areas depending on the cumulative incidence rate of COVID-19, with Turkey, Montenegro, the States United States, Israel, Morocco, Puerto Rico, Costa Rica and St. Maarten entering the red zone.At the same time, according to CNSU Decision no. 59, the following countries entered the yellow zone: from the red zone, following the decrease of ...
Starting today, the digital certificate is necessar at the crossing of the border into an EU state
Friday, August 13, 2021
From Friday, August 13, for crossing the borders into European Union countries that require a vaccination certificate, negative test or proof of illness, only digital certificates will be recognised as documents proving them, according to a press statement released on Thursday by the National Association of Travel Agencies in Romania (ANAT).However, the countries that do not require upon entry a vaccination certificate, negative test or proof of ...
Romanian firefighters operate on Thursday in Spathari and Kalivia areas in Greece
Friday, August 13, 2021
The Emergency Situation Department (DSU) informs that on Thursday morning, starting with 08:00, the Romanian firefighters' actions for putting out the fires continue, in the Spathari and Kalivia areas in Greece, with 6 fire engines, two tanks and a drone.Furthermore, six firefighters will be on a mission of ensuring the supply of special vehicles with water, as well as creating lanes for limiting the fire spread, with the help of ...
Hellenic Union of Romania conducting 'Helping the Greek People' humanitarian campaign
Friday, August 13, 2021
The Hellenic Union of Romania (UER) is running a 30-day humanitarian campaign called "Helping the Greek People" in the wake of devastating wildfires roaring in Greece."Greece is once again shaken by the scale of devastating fires that saddens the souls of Greeks and pro-Greeks everywhere. Given the circumstances, UER launched on August 9, 2021,a 30-days humanitarian campaign dubbed 'Helping the Greek People'. UER partners in this endeavor are ...
Finance Ministry borrows 305m lei off banks Thursday
Friday, August 13, 2021
On Thursday, the Ministry of Finance (MF) borrowed 305 million lei off banks in a benchmark government bond issue of a residual maturity of 39 months, and an average per annum yield average of 2.92%, according to data released by the National Bank of Romania (BNR).The nominal value of Thursday's issue was 300 million lei, and the banks subscribed 407.5 million lei.An additional auction is scheduled for Friday, where an additional 45 ...
Over 10 billion RON traded during first 7 months on stock market, capital market goes up by 25 pct
Friday, August 13, 2021
Investors present at the Bucharest Stock Exchange (BVB) have intensified their trading activity during the first 7 months of this year, which determined the cumulated transaction value with all types of instruments to surpass 10.4 billion RON, the equivalent of 2.1 billion EUR, according to a report from the Stock Exchange.This level corresponds to a growth pace of 56.6% when comparing with the period of January-July of last year. Broken down on ...
COFACE: Number of insolvencies in Romania go up by 23% in first semester
Friday, August 13, 2021
Over 3,000 new procedures for insolvencies have opened up during the first 6 months, with 23% more than the level registered during the same interval of last year, the number of opened insolvencies during the first half of the year almost going back to the level prior to the COVID-19 pandemic, according to a recent study done by Coface Romania."In the first 6 months of 2021 there have been 3,033 new insolvency procedures opened, with 23% over ...
Black Sea ClimAccelerator to support 42 Romanian and Bulgarian green startups
Friday, August 13, 2021
A consortium of Romanian and Bulgarian companies has partnered with climate innovation initiative EIT Climate KIC for the development of Black Sea ClimAccelerator, an acceleration program for 42 green startups in various stages of development which will be offered mentoring, business consulting and training for attracting investments, as well as 300,000 euros in funding, the initiators said in a release.Participation in the first edition ...
Industrial production up 16 pct in H1 2021
Friday, August 13, 2021
- In June 2021, industrial production increased by 3.1% as gross series compared to the previous month and was up 0.3% as series adjusted by number of working days and seasonality. - Compared to the same month of the previous year, industrial production rose by 11.6% as gross series and was up 12.5% as series adjusted by number of working days and ...
New manufacturing orders up 10 pct this June
Friday, August 13, 2021
New orders for Romania's manufacturing industry (domestic and foreign markets combined) this June were 10 percent up in nominal terms from the month before, on the back of growth in the capital goods industry (+15.9 percent), the FMCG industry (+15.5 percent), the durables industry (+8.5 percent), and the intermediate goods industry (+0.4 percent), the National Institute of Statistics (INS) informs on Thursday.Year-on-year, new manufacturing ...
Manufacturing, extractive industries contribute to 26 pct increase in business in industry
Friday, August 13, 2021
Business in the industry increased, in the first semester of this year, by 26 pct over the similar interval of 2020, reveals the data of the National Institute for Statistics (INS) published on Thursday.According to the official statistic, in the January 1 - June 30, 2021 period, increases were noted in the turnover in the manufacturing industry (+26.4 pct) and the extractive industry (+12.6 pct).In large industrial groups, increases ...
Eight out of ten Romanian employees wish to work in an office but in a healthy building
Friday, August 13, 2021
Eight out of ten Romanians (85%) would choose working from an office in a certified building,the results of a survey released on Thursday by a real estate developer for class A office segment show.Specialized research points out that 96% of Romanian employees consider that standards justifying the resilience level of a building in front of a pandemic are not only useful but also necessary in the present ...