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Central bank projects higher path of annual inflation rate over next two years

Monday, August 9, 2021

The National Bank of Romania's (BNR) latest inflation scenario projects a higher than initially forecast trajectory of the annual inflation rate over the next two years, following a new considerable upward revision in the short-term and a lesser uptick for the second segment of the projection horizon, the central bank said in a statement on Friday."In today's meeting, the BNR Board examined and approved the August 2021 Inflation Report, which incorporates ...

Banks did not participate in non-competititve bidding session related to Thursday tender

Monday, August 9, 2021

  Banks did not participate in the non-competitive bidding session on Thursday, when the Ministry of Finance (oF) borrowed 400 million lei, according to data provided by the National Bank of Romania (BNR) on Friday.According to the BNR, on Thursday, the Ministry of Finance borrowed 400 million lei off banks, through a benchmark government bond issue, with a residual maturity of 75 months, at an average yield of 3.25pct per year.The ...

European funds of more than EUR 3 billion for agriculture over the next 2 years

Monday, August 9, 2021

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The farming sector, one of the most financed and financeable branches of the Romanian economy within the next European financial framework, will benefit from a total allocation of about 20 billion euros, which will be allocated to farmers and entrepreneurs in the agricultural sector in order to improve the activities carried out, the opening of new projects or investments in agri touristic hotels or the alignment of agricultural activities with European Union ...

EY Global Board Risk Survey 2021: About 69% of companies plan to increase their investment in data and technology

Monday, August 9, 2021

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Effective use of data and technology to manage and report on enterprise risks is a top priority that differentiates leading businesses. Despite its elevated importance, organizations’ risk monitoring and mitigation efforts currently fall short of boards’ expectations. This is the stark finding that emerges from EY’s new survey of more than 500 board directors around the world.   The EY ...

Ambassador Muraru, National Security Advisor Sullivan have phone conversation

Friday, August 6, 2021

Romania's ambassador to the United States Andrei Muraru on Wednesday underscored the importance of strengthening NATO's East Flank security, in a telephone conversation with United States National Security Advisor Jake Sullivan, along with ambassadors to Washington of the Bucharest 9 (B9) countries, the Romanian Embassy in the USA announced on its Facebook page on Thursday.Sullivan's conversation with the ambassadors of the Bucharest 9 states was aimed at ...

State of alert extended by 30 days

Friday, August 6, 2021

The government approved, on Thursday, the prolongation of the state of alert on the entire territory of Romania by 30 days, Prime Minister Florin Citu announced."I approved the extension of the state of alert and nothing is modified at this time, things remain as they have been presented up to now," said Citu in a press conference at the Victoria Government ...

CNCAV: 111,600 doses of Moderna vaccine to reach Romania on Friday

Friday, August 6, 2021

 A new batch of the COVID-19 vaccine produced by the Moderna company (111,600 doses) will arrive, on Friday, at the National Institute for Medical-Military Development and Research "Cantacuzino", the transport being provided by the manufacturing company.The doses of vaccine will be brought to Bucharest by land and will be stored at the National Storage Centre, and in the next period will be distributed in the regional centres, informed, on Thursday, the ...

Gov't approves donation of COVID-19 vaccines to Tunisia, Arab Republic of Egypt, Albania and Vietnam

Friday, August 6, 2021

The government approved, in its sitting on Thursday, a decision to donate COVID-19 vaccine doses to several countries: Tunisia, Arab Republic of Egypt, Albania and Vietnam, Prime Minister Florin Citu announced."We approved also a government decision today to donate vaccines to several countries: Tunisia, Arab Republic of Egypt, Albania and Vietnam," said Citu at the Victoria Government ...

PM Citu about 4th wave of Covid 19 pandemic: We will find the best solutions

Friday, August 6, 2021

Premier Florin Citu said on Thursday that the government would adopt the best solutions to cope with the fourth wave of Covid 19 Pandemic.He was asked what concrete measures the Government and CNCAV have in view to fight the fourth pandemic wave.   “The same measures we adopted for the first threw waves and the vaccine. Although people say we are not doing well, we got out of those waves better than ...

CNSU updates list of countries in COVID-19 red, yellow, green areas

Friday, August 6, 2021

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The National Committee for Emergency Situations (CNSU) has updated on Thursday the list of high infection risk countries/areas/territories for which unvaccinated travelers to Romania shall be put in quarantine.The list takes effect on August 8, 00:00 hrs.The red-listed states/territories are: the Isle of Man, Jersey, the British Virgin Islands, Fiji, Cyprus, Gibraltar, Cuba, Georgia, Botswana, Seychelles, Spain, Great Britain, Malaysia, Mongolia, ...

Coronavirus: British authorities decided to include Romania on the green list

Friday, August 6, 2021

British authorities decided to include Romania on the green list of states with low risk for public health of the United Kingdom, in the action to cautiously relaunch international travels, according to an announcement made on Wednesday on the website of the British government.   Next to Romania, Austria, Germany, Slovakia, Slovenia, Latvia amd Norway will enter the green list as of August 8, 4.00 a.m, ...

 Romania will send firefighters to Greece to help putting out fires

Friday, August 6, 2021

Prime Minister Florin Citu announced that Romania will grant ground support to Greece for putting out the fires this country is facing, in this respect squads of firefighters will be sent."The Greek authorities have asked for help to put out the fires, both air and ground aid. Ground support from Romania was accepted, this is a first, for the first time when we send firefighters there, to help them," Florin Citu declared during a press conference at Victoria ...

Meeting between Turkish Red Crescent and Romanian Red Cross representatives

Friday, August 6, 2021

At a meeting this Thursday between Romanian Red Cross and Turkish Red Crescent representatives, the participants tackled international cooperation, neighborly support in emergencies, the exchange of best practices regarding the assistance of vulnerable children, disaster response and the population's first aid training, a release informs.The Romanian Red Cross received on Thursday a delegation led by Dr. Kerem Kinik - president of the Turkish Red Crescent ...

Romania signed the Memorandum of Understanding between Romania Canada's Department consolidating Civilian Nuclear Cooperation

Friday, August 6, 2021

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Romania strengthens nuclear cooperation with Canada after Energy Minister and Canadian Ambassador to Romania signed the Memorandum of Understanding between Romania's Ministry of Energy and Canada's Department of Natural Resources on consolidating Civilian Nuclear Cooperation, reads a press release of the ministry.The Memorandum was signed by Energy Minister Virgil Popescu and Canadian Ambassador to Romania Annick Goulet, on behalf of Canada's Minister of ...

Since August, Romsilva will organize online auctions for wood

Friday, August 6, 2021

Auctions for plain or processed wood will be organized, since August, online, Romsilva National Forest Department informed in a press release on Thursday. Such a platform has already been used by Suceava Forest Department since May.According to the source, tenders organized by Romsilva will offer 1,125,000 cubic meters of wood and 75,000 cu.m of processed wood.   Romsilva representatives point out that ...

CFA Romania Association analyzes Romanians' perceive population aging

Friday, August 6, 2021

 Population aging is a topical issue for many states in the world, and Romania is facing the same problems, to which it must find solutions in the coming years, says the CFA Romania Association, which launched the survey "Population aging is a problem we all share!""Financial independence in old age depends on the decisions we make when we are young. Financial security, especially after retirement, is of overwhelming importance for both individuals and ...

Romanians at the Beginning of Summer: More Relaxed and Less Angry

Friday, August 6, 2021

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Third wave of the pandemic does not stop the desire of Romanians to travel.  The level of anger among Romanians decreased by 10% from May to July and records the lowest percentage this year.    Decreasing the level of anger is associated with increasing the level of relaxation and peace, but also the level of motivation and ...

World premiere performance at FITS Sibiu: "SHAKESPEARE - BACH/La Main du Temps"

Friday, August 6, 2021

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The performance "SHAKESPEARE - BACH/La Main du Temps", with Charlotte Rampling and Sonia Wieder-Atherton, one of the most awaited performances of the 18th edition of the Sibiu International Theatre Festival (FITS), will take place for the first time in Romania, on August 26, and the tickets went on sale on Thursday, informs a press release .A France-UK production, "SHAKESPEARE - BACH/La Main du Temps" brings to the stage sonnets by William Shakespeare, ...

Bistrita – the city of old art, over August6-8

Friday, August 6, 2021

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Old music, Renaissance dances, handicraft will be present in Bistrita over August 6-8. The old art festival, an event organized by Medieval Bistrita Cultural Association, in partnership with Product Association In Bistrita Nasaud, Bistrita Nasaud Museum Complex, Concert Society Foundation and co-financed from public funds allocated for non profit activities of general interest by Bistrita Town hall will take place these ...

President Iohannis: Coalition works, but not perfectly; there are still things to be improved

Thursday, August 5, 2021

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President Klaus Iohannis said on Wednesday he was unhappy that some reforms had not been carried out by the ruling coalition, saying it was working, but not perfectly."Let's remember how this coalition came about and how those who are now together have positioned themselves towards each other. We had, not long ago, at the end of last year, an election campaign, and they almost dueled in public. You must realize that such a coalition takes time to bear fruit, ...

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