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Motion against FinMin, rejected

Wednesday, March 6, 2024

The simple motion entitled "Minister Bolos - the inventor and guardian of the tax on illness must go" was rejected, on Tuesday, in the plenary meeting of the Chamber of Deputies.172 deputies voted "against" the motion, 82 voted "for" and two abstained.The simple motion against the Minister of Finance, Marcel Bolos, was submitted last week by Save Romania Union (USR) and Forta Dreptei deputies and was debated on Monday.The initiators of the motion ...

Bill on changing date of election of president of Romania, adopted by Chamber of Deputies

Wednesday, March 6, 2024

Deputies adopted on Tuesday a bill initiated by the Hungarian Democratic Union of Romania (UDMR) to change the date of elections for the president of Romania.There were 183 votes "in favour", 84 "against" and one abstention.The bill aims to amend Art. 5 paragraph (1) of Law no. 370/2004, so that elections for the president of Romania are held no later than three months before the month in which the term of office of the president expires."Election ...

Gold price reached 312.9021 lei/gram on Tuesday. Leu depreciates against euro and US dollar

Wednesday, March 6, 2024

The price of a gram of gold went up with 6.1312 lei (2%), reaching a quotation of 312.9021 lei from 306.7709 lei, as announced by the National Bank of Romania (BNR), registering a new record value.   The national currency depreciated against euro on Tuesday, calculated by BNR at 4.9719 lei, on the rise by 0.21 bani (0.04%) against the previous quotation of 4.9698 lei.   Compared to the US dollar, the leu dropped, q US ...

Hourly labor cost, up by 4.37% in fourth quarter of 2023

Wednesday, March 6, 2024

The hourly labor cost in adjusted form (according to the number of working days) registered, in the fourth quarter of 2023, a growth rate of 4.37%, compared to the previous quarter, and of 16.85% compared to the same period of 2022, informs the National Institute of Statistics through a press release sent on Tuesday.Compared to the third quarter of 2023, the hourly labor cost (adjusted for the number of working days) increased in most economic ...

Court reduces tennis player Halep's period of ineligibility from 4 years to 9 months

Wednesday, March 6, 2024

  The Lausanne-based Court of Arbitration for Sport (CAS) has upheld the appeal filed by Romanian tennis player Simona Halep and reduced her period of ineligibility from four years to nine months.In a press statement released on Tuesday, CAS says it has issued the operative part of its decision in the appeal arbitration procedures concerned two separate charges: a charge which arose from a prohibited substance (Roxadustat) being detected in a urine sample ...

Romania, at London Book Fair, under motto Voices of Freedom

Wednesday, March 6, 2024

Romania will participate in this year's London Book Fair, from 12 to 14 March, under the motto Voices of Freedom, the Romanian presence being dedicated to all generations of Romanian writers, announces the Romanian Cultural Institute (ICR).The Romanian stand (6B10), located in the central area of the fair, will exhibit about 350 volumes of Romanian fiction, albums dedicated to contemporary artists and Romanian cultural heritage, as well as English translations of books ...

Republic of Moldova's president, Maia Sandu, to come to Romania for working visit and EPP congress

Tuesday, March 5, 2024

  The President of the Republic of Moldova, Maia Sandu, will pay a working visit to Bucharest between March 5 and 6, where she will discuss bilateral cooperation and participate in the Congress of the European People's Party (EPP), announced the Presidency of the Republic of Moldova in a press release.During the visit, the head of the Moldovan state will have meetings with President Klaus Iohannis and Prime Minister Marcel Ciolacu and will meet with the ...

European Transport Commissioner Valean to attend EPP Congress in Bucharest

Tuesday, March 5, 2024

European Transport Commissioner Adina Valean will participate in the European People's Party (EPP) Congress taking place in Bucharest on March 6 - 7.On Tuesday evening Valean will attend the opening of the EPP official events, addressing alongside EPP President Manfred Weber and MEPs Rares Bogdan and Siegfried Muresan the dinner organized for the EPP MEPs, regional delegates and Romanian officials.On Wednesday, together with the Vice-President of the European ...

Schengen/Belgian Presidency of EU Council to continue to work for full accession of Romania and Bulgaria

Tuesday, March 5, 2024

The Belgian Presidency of the EU Council will continue to work for the full accession of Romania and Bulgaria to the Schengen area, in accordance with the recommendations of the European Commission, the Belgian Minister of the Interior Annelies Verlinden said on Monday, after the end of the first day of the Justice and Home Affairs Council.I evaluated the very important decision adopted last December that will lead to the lifting of controls at the internal air and maritime ...

JusMinPredoiu: Not fair at all to further have only partial Schengen Area integration

Tuesday, March 5, 2024

Romania will consolidate the Schengen Area and it is not at all fair to continue to have only a partial integration in this European area of free movement, our country being prepared to cooperate for the protection of the borders and the fight against illegal migration, the minister of Internal Affairs Catalin Predoiu said on Monday."We will strengthen the Schengen Area and it's not fair at all to continue to have only a partial integration within the Schengen Area. It's ...

Romania's strategic priority for the Black Sea region - underlined by Odobescu at the Diplomatic Forum in Antalya

Tuesday, March 5, 2024

  The minister of foreign affairs, Luminita Odobescu said on Saturday during the Diplomatic Forum in Antalya the strategic priority offered by Romania to the region of the Black Sea, both under the aspect of security and of economic and connectivity development.According to the MFA press release, Luminita Odobescu took part on Saturday during the Diplomatic Forum in Antalya as main speaker in the panel ‘ The Black Sea: a new ...

PM Ciolacu meets Azerbaijani ambassador to Bucharest, discusses bilateral support

Tuesday, March 5, 2024

Prime Minister Marcel Ciolacu on Monday had a meeting at the Victoria Palace with the ambassador of the Azerbaijani Republic to Romania, Gudsi Osmanov, on which occasion they emphasised the two states capacity of fully supporting each other's projects of common interest, in the fields of economic cooperation, investments, energy and security."I had a grate discussions with the ambassador of the Azerbaijani Republic to Romania, Gudsi Osmanov. We are both trusting out ...

Chamber's legal committee approves draft moving presidential election date

Tuesday, March 5, 2024

 The Legal Committee of the Chamber of Deputies approved, on Monday, the draft law allowing the date of the elections of the President of Romania to be brought forward."Election day is Sunday. Elections shall take place no later than three months before the month in which the president's term of office expires. At least 75 days before the voting day, the Government shall set the election date by decision," says the form adopted by the Legal Committee of the draft ...

Chamber of Deputies kicks off debate on motion of censure against the minister of finance, Marcel Bolos

Tuesday, March 5, 2024

On Monday, the Chamber of Deputies started debating the simple motion against the Minister of Finance, Marcel Bolos.The meeting was led by the interim president of the Chamber, Alfred Simonis, who announced that 190 deputies, out of the 330, were registered to attend.The text of the motion was read by USR (Save Romania Union) deputy Oana Toiu. The vote will be given in Tuesday's meeting.The simple motion entitled "Minister Bolos - the inventor and ...

EC signs cooperation frameworks with Romania and Bulgaria on border and migration management

Tuesday, March 5, 2024

The European Commission and Romania on Monday launched the Cooperation Framework on border and migration management.The document was signed by European Commissioner for Home Affairs Ylva Johansson and Romanian Deputy Prime Minister and Interior Minister Catalin Predoiu, who is attending the Justice and Home Affairs (JHA) meeting.A similar document was signed by the EU executive and Bulgaria."An important step with Minister @CatalinPredoiu @MAIRomania ...

EPPO Opens 215 Fraud Cases In Romania, Totaling €1.8 Billion In Damages

Tuesday, March 5, 2024

The European Public Prosecutor’s Office (EPPO), led by Romanian former anti-corruption chief prosecutor Laura Codruta Kovesi, opened in 2023 in Romania 215 files related to the fraud of European funds, with a total damage estimated at 1.87 billion euros, according to the official report. Overall, EPPO has 260 active investigations in Romania, with a total damage of ...

FM plans to borrow RON 6.52 billion from commercial banks in March

Tuesday, March 5, 2024

The Finance Ministry (MF) planned for March 2024 loans from commercial banks amounting to RON 5.8 billion, to which RON 720 million may be added through additional non-competitive bidding sessions related to bond auctions.The total amount of RON 6.52 billion is RON 315 million higher than the RON 6.205 billion programmed in February 2024 and will be used to refinance public debt and finance the state budget deficit.According to the prospectus published in the ...

Industrial production prices, down by 6%, in January

Tuesday, March 5, 2024

The prices of industrial production in total (domestic market and foreign market) decreased, in January 2024, by 6% compared to the same month in 2023, according to the data published on Monday by the National Institute of Statistics (INS).According to official statistics, from month to month (January 2024 vs December 2023), industrial production prices decreased by 0.1%.On the major industrial groups, in the first month of this year compared to January 2023, in ...

Unemployment rate rises to 5.7 pct in January

Tuesday, March 5, 2024

Romania's seasonally adjusted unemployment rate in January 2024 stood at 5.7 percent, up by 0.1 percentage points compared to December 2023, data published Monday by the National Institute of Statistics (INS) show.The unemployment rate for men was 1.3 percentage points higher than for women.The number of unemployed (aged 15-74) estimated for January 2024 was 472,000, up from both the previous month (458,900) and the same period last year (453,100).By ...

Romania, in second place in Europe in terms of the number of IT specialists

Tuesday, March 5, 2024

The number of IT specialists employed in Romania has seen a steady increase in recent years, making it one of the sectors with the highest salaries, as well as a high degree of workforce mobility. In this regard, the study “What It’s Like to Work in IT in 2024,” conducted by the online recruitment platform bestjobs in partnership with Orion Innovation, a global leader in IT services and solutions, outlines the profile of an IT employee and the challenges that come ...

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