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Speech by Deputy Secretary General Mircea Geoana at NATO’s 2024 Cyber Defence Pledge Conference in the Hague
Monday, May 20, 2024
(As delivered) Thank you so much. Good morning, everyone. Best regards from our Secretary General and the leadership of NATO to all of you, our nations, our permanent representatives, the NATO enterprise, our partners: it's a privilege to be here today. And also, a huge honour and a deep sense of gratitude and friendship to the ministers, to Minister Kajsa Ollongren and ...
PM Ciolacu: Romania will keep on supporting Ukrainian refugees
Monday, May 20, 2024
Romania will keep on supporting the Ukrainian refugees, the prime minister Marcel Ciolacu said Friday in northeastern city of Iasi, where he visited the construction site of the Regional Emergency Hospital.During a press conference, Marcel Ciolacu said that 84,000 Ukrainian citizens currently settled in Romania after the outbreak of the war, on February 24, 2022."You know very well, of the 84,000 who remained on the territory of Romania, many of them are mothers ...
Minister Rafila: Several injured Palestinian children will be treated in Romanian hospitals
Monday, May 20, 2024
The minister of Health, Alexandru Rafila, said on Friday, in northeastern city of Iasi, that preparations are being made for the reception of several Palestinian children who will be treated in medical units in Romania, after they were injured in the attacks of the Israeli army in the Gaza Strip.Alexandru Rafila declared, without specifying a specific number, that these children will be brought to Romania through the European Protection Mechanism."Those from the ...
Social-democrat Ciolacu on joint lists with Liberals for EP elections: Romanians want a united voice in Europe
Monday, May 20, 2024
After 17 years since joining the European Union, Romanians expect to have a united voice that will represent them in Europe, PSD (Social Democratic Party) chair and Prime Minister Marcel Ciolacu stated on Saturday, in Bacau, while referring to the decision of PSD and PNL (National Liberal Party) to have a joint list for the European parliamentary elections."Romanians expect, 17 years since accession, to have a united voice to represent them in Europe. That's why we made the ...
BNR’s Lazea: Romania occupies a peripheral macroeconomic position in the OECD
Monday, May 20, 2024
Romania occupies a peripheral macroeconomic position in the Organisation for Economic Cooperation and Development (OECD), the reason being three urban myths which brought the country in this situation, such as economic growth over the potential or economic growth based on consumption and not on export, stated the head-economist of the National Bank of Romania (BNR), Valentin Lazea at the annual conference of AAFBR.He showed that three ...
Seven regional economic centers play an important role in Romania’s development
Monday, May 20, 2024
Romania has annually closed an average of two percentage points of the gap with the European average. In 2000, Romania’s GDP per capita (at purchasing power parity) stood at around 25% of the EU average, but currently, this figure exceeds 75%, said Csaba Balint, a member of the Board of Director of the National Bank of Romania (BNR). An important role was played by the dynamic increase in labor productivity, Balint believes, and ...
NBR Board decisions on monetary policy
Monday, May 20, 2024
In its meeting of 13 May 2024, the Board of the National Bank of Romania decided: to keep the monetary policy rate at 7.00 percent per annum; to leave unchanged the lending (Lombard) facility rate at 8.00 percent per annum and the deposit facility rate at 6.00 percent per annum; to ...
Isarescu, asked about the timing of this year's key interest rate cut: It might not come
Monday, May 20, 2024
The moment for the reduction of the key interest rate might not come this year, but if inflation for May is dropped, then the membres of the BNR board analyse the data, stated on last Wednesday the governor of the National Bank of Romania, Mugur Isarescu."They might not come. We're not saying. Mind you, when I said in February that it was two months of falling inflation I used another word, at least. And many people ...
tbi bank and Safety Broker launch a partnership offering Romanians interest-free installment insurance, including RCA
Monday, May 20, 2024
Consumers’ need for access to new efficient financing tools has increased in the current economic context, including in the insurance sector, where the cost of insurance policies is on an upward trend. tbi bank, one of the leading challenger banks in South East Europe offering flexible payment solutions, has partnered with one of the leading insurance brokers in Romania, Safety Broker. Customers can buy insurance, including RCA through the Buy Now, Pay Later ...
APS and EBRD invest in NPL portfolio in Romania
Monday, May 20, 2024
We are pleased to announce the successful completion of Project Delta on April 30, 2024. This significant transaction involved the acquisition of a participation in a portfolio of sub-performing and non-performing loans secured with real estate collateral in Romania, as well as unsecured loans, with a total transaction size of approximately €400 million. The portfolio comprised almost 1,800 loans, showcasing the scale and diversity of the assets ...
