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BNR's forex reserves increase by 6.68 pct in August, to 41.616 billion euro

Thursday, September 2, 2021

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The foreign currency reserves of the National Bank of Romania clocked in, at the end of August 2021, at 41.616 billion euro, an increase by 6.68 pct over the level of 39.008 billion euro recorded on July 31, 2021, the central bank announced on Wednesday.During the month there were incomes totaling 3.343 billion euro, representing: amending the minimum reserves in foreign currency constituted by the credit institutions at the BNR; the filling of the Finance Ministry ...

Arrears of general consolidated budget increase 4.6% in July 2021

Thursday, September 2, 2021

 The arrears of the general consolidated budget increased by 4.6% in July 2021, compared to the previous month, to 269.69 million lei, from 257.84 million lei in June, according to the data posted on the website of the Ministry of Finance (MF).Arrears over 90 days increased by 20.5%, from 59 million lei to 71.1 million lei. Arrears over 120 days increased by 0.2%, from 108.1 million lei in June to 108.3 million lei in July, and those over 360 days decreased slightly, ...

Romanian-German trade advances 20.5pct in H1 2021

Thursday, September 2, 2021

The volume of trade between Romania and Germany in the first half of 2021 reached 16.4 billion euros, up 20.5% from the same period in 2020, according to a statement from the Romanian-German Chamber of Commerce (AHK Romania) released on Wednesday.According to the latest data provided by the Federal Bureau of Statistics (Destatis), the volume of trade between Germany and Romania recovered significantly in the first half of 2021, as against the same period in ...

185 million Euro in support for NEETs: non-working, not going to school youth

Thursday, September 2, 2021

A number of 12 contracts, worth 32.7 million RON, within the "Future for NEETs youth" Human Capital Operational Program, were signed on Wednesday with the beneficiaries, the Ministry of Investments and European Projects (MIPE) announced in a press release ."The Ministry of Investments and European Projects started signing contracts within the POCU (Human Capital Operational Program) "Future for NEETs youth", with a total value of over 185 million Euro. Among the 99 winning ...

Seasonally adjusted unemployment rate in Romania rises to 5.1pct in July 2021

Thursday, September 2, 2021

- Unemployment rate in July 2021 increased with 0.1 percentages points as compared to the previous month, reaching 5.1%. - Men’s unemployment rate was higher than that of women with 0.7 percentages points   Seasonally adjusted unemployment rate in Romania advanced 0.1 percentage points from the previous month, to 5.1%, the National Institute of Statistics (INS) announced on Wednesday.According to ...

The  second ordinary session of Parliament to begin on Wednesday

Wednesday, September 1, 2021

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The Senate and the Chamber of Deputies convene on Wednesday as of 16:00 hrs for the second ordinary parliamentary session this year.The priorities of the new parliamentary session include the vulnerable consumer bill, currently in the Chamber of Deputies as decision-making body, and the bill on dismantling the Section for the Investigation of Judicial Crimes (SIIJ), currently in the Senate.Chamber of Deputies Speaker Ludovic Orban ...

Klaus Iohannis will meet Igor Grosu, president of Chisinau Parliament

Wednesday, September 1, 2021

Klaus Iohannis will meet Igor Grosu, the president of Moldova's Parliament at Cotroceni, 2.00 p.m., according to the Presidential Administration. The Chamber of Deputies and the Senate will meet in a joint session on Wednesday, 5.30 p.m. Igor Grosu, the president of Moldova's Parliament will participate in the opening of the second session and will hold a ...

Approval of National Strategy against Organized Crime 2021-2024, on Government session agenda

Wednesday, September 1, 2021

The draft decision regarding the approval of the National Strategy against Organized Crime 2021-2024 is on the agenda of the Government's Wednesday session.The draft provides that the strategy will be implemented through the action plan, which establishes specific activities and projects, with the mentioning of budgets and financing sources, as well as the institutional terms and responsibilities.The Monitoring Committee for the ...

Social Democrats postpone no-confidence motion due to lack of votes

Wednesday, September 1, 2021

The Social Democratic Party (PSD), Romania’s main opposition party, has decided to postpone filing a no-confidence motion against the center-right government led by Liberal Florin Citu due to lack of support in the Parliament.   “We unanimously decided to file our no-confidence motion when we will have the 234 votes necessary to pass this motion. At this ...

Journalistic investigation reveals network trafficking vaccination certificates

Wednesday, September 1, 2021

A journalistic investigation carried out ...

COVID-19 vaccination certificates to be requested depending on pandemic developments

Wednesday, September 1, 2021

Health Minister Ioana Mihaila said on Monday that there are talks among officials of the Ministry of Health, the Department for Emergency Situations (DSU) and the National Public Health Institute (INSP) on making the access to crowded enclosed spaces conditional on holding a COVID-19 vaccination certificate, as well as the action to be taken if the number of infections increases significantly and hospital beds "start to fill up.""There are talks ...

PM Citu: Gov't will not step in to cap energy prices; Romania needs energy independence

Wednesday, September 1, 2021

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Prime Minister Florin Citu said on Tuesday that energy prices will not be capped in Romania, insisting that Romania needs energy independence."There is growing public concern over energy prices, especially because the winter season is coming - the payment of energy bills - and so we have to come up with solutions. Of course, the solution to prices cannot come from the prime minister. We have to find the solution together. I can tell you from the ...

Energy Minister: Gov't to partially offset electricity bill for average income or average consumption households

Wednesday, September 1, 2021

 The government will offset a portion of the electricity bills for average income or average consumption households, starting with November 1, Energy Minister Virgil Popescu said on Tuesday after attending the meeting on electricity and natural gas prices held at the Victoria Palace of Government between Prime Minister Florin Citu and the representatives of the National Energy Regulatory Authority (ANRE), the Competition Council, Transelectrica ...

Romanians can buy Treasury bonds with interests up to 4.15% per year, as of September 1

Wednesday, September 1, 2021

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The Finance Ministry announced on Tuesday that it would issue, as of September 1, three new state bond emissions, as part of the Treasury Program, with deadlines of 1,3 and 5 years and interest rates up to 4.15% per year.   Incomes obtained from the investment in the saving offer launched by the Finance Ministry are not taxed.   State bonds ...

Analysis: Labor offer for Romanians abroad on the rise

Wednesday, September 1, 2021

Job offers for Romanians abroad has grown significantly in the past week, especially for skilled personnel, according to data offered by Bestjobs platform for the show “Profit.ro hour”on Prima TV.   According to Bestjobs, demands for physicians, nurses and home care personnel have grown in many European states.   A start-up in ...

Reveal Marketing Research Study: Cooking at Home versus Food Delivery

Wednesday, September 1, 2021

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According to the latest study conducted by Reveal Marketing Research, 43% of Romanians say they cook daily or almost daily and 14% say they order food with home delivery 2-3 times a week.   What Expectations Do Romanians Have when Using Food Delivery Services?  Almost 55% expect to receive their food still warm, ...

Black Sea and Balkans Security Forum, Friday and Saturday, in Bucharest

Tuesday, August 31, 2021

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 The 5th edition of the Black Sea and Balkans Security Forum will take place on Friday and Saturday in Bucharest, the Ministry of National Defence informs.The event is organized at the University of Agronomic Sciences and Veterinary Medicine and will host officials and experts from Romania and the Black Sea and Balkans' regions' countries, from the USA and the European Union, as well as NATO officials.The forum is organized by ...

Joint session of Parliament on Wednesday, with the participation of Moldova Parliament President

Tuesday, August 31, 2021

 The Chamber of Deputies and the Senate will meet, on Wednesday, in joint session, a sitting which will also see the attendance of the President of the Parliament of the Republic of Moldova, Igor Grosu, on the occasion of the start of the second session.According to the decision of the Joint Standing Bureaus, the session is to start 17:30, and the President of the Parliament of the Republic of Moldova will hold a speech.The ...

PSD decides to table a vote of no confidence when it will have 234 necessary votes

Tuesday, August 31, 2021

The PSD (Social Democratic Party) MPs will table a vote of no confidence when there will be 234 necessary votes, the formation's National Political Council decided on Monday, the leader of the party, Marcel Ciolacu, announced."Actually, Prime Minister Citu should have left a week ago from the Romanian Government's head, either through resignation, like any responsible man of state would have done (...) or to be asked to resign, when you do not ...

Fmr HealthMin Florian Bodog, prosecuted for abuse of office, intellectual forgery

Tuesday, August 31, 2021

Former Social-Democrat Health Minister Florian Bodog was indicted by prosecutors of the National Anti-corruption Directorate (DNA) in a case in which he is accused of abuse of office and intellectual forgery, DNA reported on Monday.According to a DNA release sent on Monday, the prosecutors from the National Anti-corruption Directorate - Anti-corruption Section have ordered the indictment of Florian Dorel Bodog, senator in the Romanian ...

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