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PM Ciolacu: We welcome the long-awaited ceasefire agreement and the release of hostages in Gaza
Thursday, January 16, 2025
Prime Minister Marcel Ciolacu on Wednesday welcomed the ceasefire agreement in the Gaza Strip and the release of the hostages, stressing that humanitarian assistance for the Palestinian people should be continued."We welcome the long-awaited ceasefire agreement and the release of hostages in Gaza. This brings hope for the families of the hostages. We should continue our humanitarian assistance for Palestinian people. It is time to think about the ...
Medical Evacuation from Gaza Strip: Five patients will receive treatment in Bucharest
Thursday, January 16, 2025
The Ministry of Foreign Affairs, in close cooperation with the Ministry of National Defence and the Ministry of Internal Affairs, as well as with other Romanian state institutions and in coordination with the dedicated structures of the European Commission, participated on Wednesday in the operation of urgent medical evacuation of 12 Palestinian patients from the Gaza Strip, severely affected by the lack of access to adequate medical treatment, together with 35 family ...
MAE: Patrushev's statements - aggressive propaganda and disinformation campaign
Thursday, January 16, 2025
The anti-Russian policy of the authorities in Chisinau may result in the cessation of the existence of this country as a state, warned Russian presidential advisor Nikolai Patrushev in an interview for Komsomolskaya Pravda, taken over by the official Russian agency TASS. Vladimir Putin’s right hand predicts that Ukraine will also cease to exist as a state in 2025 and says that it will not be among the priorities of ...
DefMin: Efforts by Romania, UK to ensure firm and efficient response to regional security situation
Thursday, January 16, 2025
Romania and the United Kingdom have intensified their efforts to ensure a firm and efficient response to the security situation in the Black Sea region, thus strengthening the deterrence and defense posture in the face of regional and global security challenges, National Defence Minister Angel Tilvar declared at a meeting on Wednesday with British ambassador in Bucharest Giles Matthew Portman."The defence cooperation agreement with the United Kingdom ...
Former PM Petre Roman, at General Prosecutor's Office in Mineriad case
Thursday, January 16, 2025
Former Prime Minister Petre Roman showed up at the General Prosecutor's Office on Wednesday morning to be questioned in the June 1990 Mineriad case, where he is accused of committing crimes against humanity.According to judicial sources, Petre Roman was summoned to the Prosecutor's Office to be informed that he has the status of defendant.For the same reason, Gelu-Voican Voiculescu was also summoned to the General Prosecutor's ...
PM Ciolacu: We will be in 7%deficit untilthe end of the year
Thursday, January 16, 2025
Premier Marcel Ciolacu announced on Wednesday, after the discussion with the minister of finances, Tanczos Barna a ‘more prudent’ approach to the budget for the present year, with the purpose of keeping it within the deficit of 7%. The small and medium-sized pensions will be indexed in September if the budget allows it. The minister of finances, Tanczos Barna stated on Wednesday that Romania has committed to this year to fall within a 7% deficit by the end of 2025 ...
Central bank keeps key rate at 6.5 pct per annum
Thursday, January 16, 2025
The Board of the National Bank of Romania (BNR) decided on Wednesday to keep the benchmark interest rate in place at 6.5 pct, the central bank said in a release.Also, the monetary authority decided to keep the lending facility interest rate (Lombard) at 7.50 pct per annum, while maintaining the deposit facility rate at 5.50 pct per annum, and leaving the minimum reserve requirement ratios on both RON- and foreign currency-denominated liabilities of ...
BNR: New evaluations reconfirm outlook of decrease in annual inflation rate in Q1
Thursday, January 16, 2025
The new evaluations reconfirm the outlook of a decrease in the annual inflation rate in the first three months of the current year, but on a higher trajectory than previously anticipated, according to a press release from the National Bank of Romania (BNR).The institution mentions that the decrease will be driven mainly by consistent base effects and the deceleration of the increase in import prices, but in the context of the persistence of the ...
Ministry of Energy has notified CEISD about MVM Grup's intention to acquire E.ON Energie Romania
Thursday, January 16, 2025
The Ministry of Energy has notified the Commission for the Examination of Foreign Direct Investments (CEISD) in connection with the transaction through which the Hungarian state-owned company MVM Group intends to acquire the gas and electricity supply division of E.ON Energie Romania.In a press release sent on Wednesday, the Energy Ministry showed that, following a rigorous analysis, it has identified multiple topics for an in-depth analysis on the possible ...
Survey: Fiscal instability puts brakes on IT sector, industry feels effects of tax decisions, anticipating difficult 2025
Thursday, January 16, 2025
More than 80% of companies in the IT sector, members of the Employers' Association of the Software and Services Industry (ANIS), believe that the tax measures adopted in 2023 have had a negative or strongly negative impact on their financial results, and that the changes announced at the end of December 2024, to be implemented from January 1, 2025, have generated additional uncertainty, according to the results of the ANIS Sentiment Survey 2024, the annual barometer on ...
Industrial production declines 1.8pct eleven months into 2024
Thursday, January 16, 2025
Romania's industrial production declined in the first 11 months of 2024 by 1.6% seasonally adjusted, according to data published on Wednesday by the National Institute of Statistics (INS).Thus, between January 1 and November 30, 2024, as against January 1 - November 30, 2023, the industrial production seasonally adjusted was down 1.6%, as a result of decreases in the production and supply of electricity and thermal energy, gas, steam and air conditioning ...
PM Ciolacu, U.S. Assistant Secretary of State O'Brien discuss deepening Strategic Partnership
Wednesday, January 15, 2025
Prime Minister Marcel Ciolacu met on Tuesday at the Victoria Palace of Government with the U.S. Assistant Secretary of State for European and Eurasian Affairs James O'Brien, with the talks focusing on the progress made in taking further the Romania - U.S. Strategic Partnership in the areas of security, economy and Visa Waiver."Delighted to meet U.S. @StateEUR Assistant Secretary James O'Brien and discuss the substantial progress achieved in deepening the ...
James O'Brien, assistant secretary of state for European and Eurasian Affairs, received by ForMin Hurezeanu
Wednesday, January 15, 2025
Minister of Foreign Affairs Emil Hurezeanu received on Tuesday James O'Brien, assistant secretary of state for European and Eurasian Affairs, voicing, in context, appreciation for the US contribution to the security and defence of NATO's Eastern Flank, as well as to the development of the strategic approach to the Black Sea region.According to a MAE press release, the two officials appreciated the meaningfulness and dynamics of the bilateral dialogue, noting ...
Romania expands its military presence to another two NATO eastern flank battle groups
Wednesday, January 15, 2025
Starting in January 2025 Romania has expanded its presence, with troops and military hardware, to another two NATO battle groups operating in eastern flank allied countries, specifically Slovakia (with an anti-tank detachment) and Bulgaria (with a reconnaissance detachment), while also continuing to participate in the eFP Battle Group Poland with an anti-aircraft detachment.According to the National Defense Ministry, the decision to deploy multinational ...
Romania Spent Under 1% of GDP on Defense in 2024, NATO Urges More
Wednesday, January 15, 2025
The Ministry of Defense (MApN) states, in a response to an interpellation in the Chamber of Deputies, that only 20% of the defense budget is intended for the army’s equipment. According to data published on the MApN website, Romania spent over 13 billion lei in 2024 – the equivalent of about 2.6 billion euros – on the acquisition of “fixed assets and military ...
Imports from Romania cover half of Republic of Moldova's electricity consumption, President Sandu says
Wednesday, January 15, 2025
Half of the Republic of Moldova's electricity consumption, on the right bank of the Dniester, is covered from domestic sources, renewable energy included, while the other half is covered from imports from Romania, President of the Republic of Moldova Maia Sandu told a press conference on Tuesday.The leader in Chisinau called on Tuesday a meeting of the Supreme Security Council to discuss the country's energy situation and assistance measures ...
George Simion elected ECR Party vice-president
Wednesday, January 15, 2025
Alliance for the Unity of Romanians (AUR - opposition) leader George Simion was unanimously elected vice-president of the European Conservatives and Reformists (ECR) Party at the political formation's Tuesday congress meeting in Brussels, AUR reports."I was elected today vice-president of the European Conservatives and Reformists Party, which will facilitate our work for a free Romania and a Europe of sovereign nations. I will represent you with honor!," ...
Annual inflation rate in Romania rises to 5.14pct in December 2024
Wednesday, January 15, 2025
The annual inflation rate in Romania rose to 5.14% in December 2024 from 5.11% in November, as food prices advanced 5.09%, prices for non-food items 4.38%, and services 7.10%, according to data published on Tuesday by the National Institute of Statistics (INS).The December 2024 consumer price index as against November 2024 was 100.29%. The annual inflation rate in December 2024 as against December 2023 was 5.1%. The average rate of change in consumer prices ...
Postal services, margarine and fresh fruit in top of higher prices in December 2024
Wednesday, January 15, 2025
Postal services, fresh fruit and margarine are in the top of higher prices recorded in December 2024, compared to the same period of the previous year, according to data released by the National Institute of Statistics (INS) on Tuesday. The price of postal services went up by 17.82% last month, against December 2023, that of margarine went up by 17.41%, while the price of fresh fruit was 13.75% ...
Romanian Employers' Confederation representative deems tightening of fiscal environment worst option
Wednesday, January 15, 2025
The rigid approach, of tightening the fiscal environment, is the worst option that the Government can take at the present time, said Adrian Izvoranu, vice-president of the Romanian Employers' Confederation of Industry, Agriculture, Constructions and Services, on Tuesday."In general, this rigid approach, of tightening the fiscal environment, is the worst option that the Government can take at the present time. If it wants money, the finance minister ...