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JusMin: It is important for politicians to find solutions to quickly abolish SIIJ

Wednesday, June 9, 2021

   The Minister of Justice, Stelian Ion, declared that the CVM (Cooperation and Verification Mechanism) report published on Tuesday by the European Commission is written in a positive note and highlighted that it is important to find solutions to "quickly" abolish the Special Section (SIIJ)."All our moves in the legislative plan were monitored. The report, as usual, represents a faithful and objective image of what has happened in the last ...

Ambassador Laurence Auer delivers speech on France - Romania ties amid European recovery drive

Wednesday, June 9, 2021

French ambassador to Romania, Laurence Auer, gave a speech today at the West University of Timisoara (UVT) on "France and Romania amid the European recovery drive", highlighting on this occasion the good relations of cooperation between the two countries, to which the academic community of the University of Timisoara makes a substantial contribution.The French diplomat pointed out that the pandemic has affected European economic growth, but the European ...

Central bank: Climate change agenda has high stake for Romania's economy, financial system

Wednesday, June 9, 2021

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The climate change agenda has a high stake for the Romanian economy and financial system, both in terms of opportunities and costs, should the green transition be delayed, the governor of the National Bank of Romania (BNR), Mugur Isarescu, said on Tuesday at the press conference for the presentation of the Report of the National Committee for Macroprudential Supervision (CNSM)."The main conclusion of the analysis carried out by the members of the CNSM ...

World Bank foresees 6% economic growth for Romania this year

Wednesday, June 9, 2021

The World Bank improved its estimates about the evolution of Romania's economy for the ongoing and next years, when world economy is expected to register in 2021 the strongest increase in the last 80 years.   According to the latest editions of the report on global economic prospects, the World Bank estimates that Romania will register a 6% GDP increase , 2.5% over the January estimate, and will register ...

National Institute of Statistics: maintains the estimate of economic growth of 2.8% for the first quarter

Wednesday, June 9, 2021

Romania's Gross Domestic Product in the first three months of the year was, in real terms, higher by 2.8%, compared to the fourth quarter of 2020, and compared to the same quarter of 2020 it recorded a decrease of 0.2% in the gross series and did not record any changes in the seasonally adjusted series, according to provisional data (1) of the National Institute of Statistics (INS), published on Tuesday.Gross Domestic Product, seasonally adjusted data, ...

Eurostat: Romania posts high Q1 2021 economic growth, among EU's highest

Wednesday, June 9, 2021

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 In the first quarter of 2021, seasonally adjusted GDP decreased by 0.3% in the euro area and by 0.1% in the EU compared with the previous quarter, according to an estimate published on Tuesday by Eurostat, the statistical office of the European Union. Ireland (+7.8%) and Croatia (+5.8%) recorded the sharpest increases of GDP compared to the previous quarter, followed by Estonia(+4.8%), Greece (+4.4%) and Romania (+2.8%).Declines follow falls in the ...

 Chamber of Commerce and Industry proposes Eurochambres - 3SI cooperation agreement

Wednesday, June 9, 2021

Romania's Chamber of Commerce and Industry (CCIR) proposed on Tuesday, on the occasion of the Eurochambres General Assembly of member organizations' secretaries general, the conclusion of a cooperation agreement between the representative organization of the European Chambers of Commerce and Industry and the Three Seas Initiative (3SI), as well as between the European entity and the Black Sea Economic Cooperation Organization Business Council (BSEC BC), CCIR said in a ...

French Institute Timisoara inviting people to Philosophy Night on June 25

Wednesday, June 9, 2021

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The French Institute in Timisoara is extending an invitation to "Philosophy Night," an international event that has been successful in Paris, London, Berlin and New York and that will arrive in Romania on June 25 in the city that will be a European Capital of Culture 2023.The initiative belongs to the new director of the French Institute in Timisoara, Tilla Rudel, who has previously organised five editions of the event in Tel Aviv, Israel."The ...

Israel's President Rivlin to pay state visit to Romania

Tuesday, June 8, 2021

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Israeli President Reuven Rivlin will be paying a state visit to Romania this week, at the invitation of his Romanian counterpart Klaus Iohannis.Rivlin is scheduled today to meet Iohannis at the Cotroceni Presidential Palace for one-on-one talks followed by a joint news conference.In the afternoon, Prime Minister Florin Citu will welcome the Israeli official at the Romanian Government House."The state visit of the Israeli president is ...

Orban : The reunited plenary of the parliament – next week

Tuesday, June 8, 2021

A joined plenary of the parliament will take place next week, the agenda including several activity reports, among which that of the Ombudsman, announced on Monday night the speaker of the Deputies’ chamber, Ludovic Orban.‘We have decided to summon a joint plenary next week. We have several issues – the ANRE report for 2018,2019, 2020, the report of the Institution of the Ombudsman, the CAN report and there are several other issues we will ...

JusMin Stelian Ion attends JHA Council meeting in Luxembourg, discusses with Italian, French counterparts

Tuesday, June 8, 2021

Justice Minister Stelian Ion participated today in Luxembourg in the works of EU's Justice and Home Affairs Council, discussing on this occasion with his Italian and French counterparts subjects related to bilateral cooperation, the Justice Ministry announced in a statement.This was the first physical meeting of the Justice Ministers since the onset of the COVID pandemic.An extremely important item on the agenda, the Justice Ministry notes, was ...

All of Romania in COVID-19 green zone

Tuesday, June 8, 2021

Bucharest City and all of Romania's counties remain in the COVID-19 green zone, with the highest 14-day COVID-19 cumulative rate reported by Alba County - 0.29 and Prahova County - 0.29, the Strategic Communication Group (GCS), the official novel coronavirus communication task force, reported on Monday.In Bucharest, the rate is 0.19 cases per 1,000 population, down from 0.2.The lowest rate in the country is in Gorj County, 0.04 cases per 1,000 ...

Anti-COVID vaccination campaign / 49,405 people immunized in last 24 hours, 17,205 with first dose

Tuesday, June 8, 2021

In the last 24 hours there were 49,405 vaccine doses administered, of which 37,294 from Pfizer, 7,080 from Johnson&Johnson, 3,020 from Moderna and 2,011 from AstraZeneca, according to an informing from the National Committee for Coordinating activities regarding vaccination against COVID-19 (CNCAV).CNCAV shows that during the same interval, 17,205 people were vaccinated with the first shot and 32,200 people with the second shot.Since December ...

Gov't to continue issuing bonds for individual investors in June

Tuesday, June 8, 2021

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Romania's Ministry of Finance (MF) is starting today issuing three new issues of government securities under its Tesaur programme with maturities of 1, 3 and 5 years and interest rates of 2.95%, 3.35% and 3.65%, according to a statement from the ministry.The government securities will have a face value of 1 lei and are in a dematerialised form."Government securities issued under the Tezaur programme continue to be a cost-effective way for the ...

Bill on implementation of 5G networks clears Senate, as decision-making body

Tuesday, June 8, 2021

 The Senate plenum, acting as decision-making body, adopted Monday by a vote of 117 to 13 (the Alliance for the Unity of Romanians) and one abstention the bill initiated by the government regarding specific measures for IT and communications infrastructures of national interest and the requirements for the implementation of 5G networks.The bill covers measures regarding the licensing of producers of technologies, equipment and software used in IT and ...

EnerMin Popescu: Romania is officially member of International Energy Forum

Tuesday, June 8, 2021

Romania is officially a member of the International Energy Forum (IEF), the confirmation having been received Monday, the Energy minister Virgil Popescu wrote on Monday on his Facebook page."Romania is officially member of the International Energy Forum (IEF)! This April I had at the Energy Ministry's headquarters a meeting with Joseph McMonigle, the IEF Secretary General through which I voiced the wish that our country is a full member. Today [Monday, ed. ...

IFC invests in RBRO green bonds to promote climate finance in Romania

Tuesday, June 8, 2021

 The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is investing RON 293.5 million (the equivalent of approximately $72 million) in RON-denominated senior non-preferred bonds placed by Raiffeisen Bank SA (RBRO), IFC said in a statement on Monday."This is IFC's second investment in RBRO green bonds this year, following its first investment - RON 80.3 million (or approximately $20 million equivalent) on May 14 - ...

Credit reports, at top of most sought-after business information in Romania

Tuesday, June 8, 2021

The top of the most sought-after updated business products in Romania is led by credit reports, which contain both data and their interpretation, with 45% of the preferences of customers of 'business information' services, being followed of payment incidents, by 29%, and records in the Insolvency Proceedings Bulletin (BPI), by 17%, reveal the data of a KeysFin analysis.According to the cited source, only 30% of local entrepreneurs turn to "business ...

Household's average total monthly income - 5,216 lei in 2020; expenses - 83.3%

Tuesday, June 8, 2021

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- In 2020, the total monthly average income*) was, in nominal terms, 5216 lei per household and 2031 lei per person, increasing by 8.9%, respectively by 9.6% as compared to 2019. - In 2020, the total monthly average expenditure**) of the population was 4372 lei per household (1702 lei per person), accounting for 83.8% of the total, decreasing by 1.6 percentage points compared to ...

Cinefemina Festival to start Tuesday in Bucharest

Tuesday, June 8, 2021

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The Cinefemina Festival, a tribute to women in the film industry, will take place from Tuesday to June 18 at the Alexandru Lahovari Square Film Garden.According to a press release sent on Monday, Cinefemina is a recognition of the artistic excellence of women, but also a rescue from forgetting some notable names, which, since the silent film period, have contributed to the birth and maturation of the seventh art.The opening of the event will be ...

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