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U.S. Ambassador Kathleen Kavalec: Romania has become a leader in Europe in reducing its carbon dependence

Wednesday, October 30, 2024

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October 29, 2024   As prepared for delivery   Thank you for the invitation to join you today. This is an excellent opportunity to discuss the significant role that clean energy plays in bolstering energy security and fostering a prosperous future.   In the United States, ...

OMV head: Neptun Deep gas project - important for EU as a whole, not just Romania

Wednesday, October 30, 2024

OMV Group has made intense efforts in recent years to find alternatives to gas imports from Russia and, in this sense, the Neptun Deep project in Romania's territorial waters is on the right track, the group's CEO Alfred Stern told news agency APA on Tuesday."The goal is for us to start drilling in the first quarter of next year. The Transocean drilling rig is already on its way to the Black Sea and production should start by 2027," said ...

Study: Europeans' purchase power went up to 18,768 euros in 2024

Wednesday, October 30, 2024

The Europeans' purchase power went up to 18,768 euros in 2024 but the amount available to consumers for expenses and saving varies a lot from one country to another and also depends on the way in which consumer prices evolve, according to the NIQ Gfk Purchasing Power Europe 2024 study.   People from Liechtenstein, Switzerland and Luxembourg have a net income higher ...

Indagra & Indagra Food kicks off at Romexpo, with over 500 companies from 25 countries

Wednesday, October 30, 2024

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The best-known event in the agricultural and food industry in Romania - Indagra & Indagra Food - opens on Wednesday at the Romexpo Exhibition Center, and over 500 companies from 25 countries will participate and over 150 innovations and new products will be presented.Indagra & Indagra Food represents a benchmark networking concept for professionals in the agricultural and food industry and will bring together, between October 30 and November 3, 2024, ...

Romania's full Schengen membership is in Hungary's national interest, says Szijjarto

Tuesday, October 29, 2024

Romania’s accession to Schengen (land borders) as soon as possible is in Hungary’s national interest, stated the head of diplomacy in Budapest, Peter Szijjarto on Monday in front of the commission for national cohesion of the parliament adding that the government he is part of hopes that this will happen before the end of the Hungarian presidency of the EU Council (31st December), says the Hungarian news agency ...

DefMin Tilvar and Jordanian Armed Forces' head discuss situation in Middle East

Tuesday, October 29, 2024

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 The Minister of National Defense, Angel Tilvar, had a meeting with the president of the Joint Committee of the Chiefs of Staff of the Jordanian Armed Forces, Major General Yousef Ahmed Al-Hunaity, at the headquarters of the Romanian Ministry of Defense (MapN) on Monday.According to a MApN press release, the discussions focused on the status and perspectives of bilateral cooperation relations in the field of defense in the context of developments in the global security ...

Minister Oprea: Romania is positioned as a perfect logistic hub for Ukraine's reconstruction

Tuesday, October 29, 2024

Romania is positioned as a perfect logistic hub for the reconstruction of Ukraine, being in close proximity, the Minister of Economy, Entrepreneurship and Tourism, Stefan-Radu Oprea, said on Monday, while answering a question from the entrepreneurs attending a specialized event regarding a possible peace plan and the reconstruction of the neighbouring country."It is probably one of the few moments in Romania's history when geography is our friend. We are no longer on the ...

LabMin Bucura-Oprescu meets U.S. State Department's special representative for Holocaust issues Ellen Germain

Tuesday, October 29, 2024

The progress made in terms of the recognition of the status of Holocaust victims both in Romania and in the United States of America were discussed on Monday by the Minister of Labor, Simona Bucura-Oprescu, with the U.S. State Department's special representative for Holocaust issues, Ellen Germain, informs the relevant ministry in a post on its Facebook account."A major concern of the Ciolacu Government is to take care of all Romanians, wherever they are. We have the ...

INSCOP opinion poll: 65.7pct of Romanians would prefer an experienced, pro-Western president

Tuesday, October 29, 2024

More than 67% of Romanians would prefer the future president of the country to be a pro-Western candidate, according to an INSCOP opinion poll conducted between October 11 and 18.At the same time, more than 70.6% of the interviewees declared that they would rather prefer a candidate with experience, while 44.5% of the survey participants would prefer that the future president be someone independent of the parties, according to Inscop Research."The vast majority ...

Ciuca: PNL is the second political force in Romania; we enter the second round and win the elections

Tuesday, October 29, 2024

The National Liberal Party (PNL) is the second political body in Romania, stated on Sunday in Drobeta-Turnu Severin the PNL chairman, Nicolae Ciuca who added that he will get in the second round of presidential elections that he will also win.Ciuca accused the social-democrats (PSD) that ‘they scarify everything to take their candidate in the second round with the AUR leader, George Simion’.‘We are ...

Ciolacu: I would like to enter the second round of the presidential elections with Mr Ciuca

Tuesday, October 29, 2024

The social-democrat candidate (PSD) for presidency, premier Marcel Ciolacu stated in Slobozia where he paid a visit to the Emergency Reception Unit of the Emergency County Hospital that he wanted to have as counter candidate in the second round of the presidential voting the liberal leader (PNL), Nicolae Ciuca.‘With Mr.Ciuca’ Ciolacu said, when asked who he would like to get into the second round of the presidential ...

IMF to arrive in Bucharest on Nov 5 to analyze recent economic developments and update forecasts

Tuesday, October 29, 2024

 A delegation of the International Monetary Fund (IMF), led by Jan Kees Martijn, will visit Bucharest between November 5-8 to analyze recent economic and financial developments and to review macroeconomic forecasts."An IMF mission, led by Jan Kees Martijn, will visit Bucharest between November 5 and 8, for a regular visit. The Fund's team will analyze recent economic and financial developments and update the macroeconomic outlook," reads the IMF announcement signed by ...

Gov't debt reaches 876.288 billion lei or 52pct of GDP in July

Tuesday, October 29, 2024

  Public administration debt (government debt) rose to 876.288 billion lei in July 2024 from 860.331 billion lei in the previous month, according to Finance Ministry (MF) data.As a percentage of the GDP, government debt climbed to 52%, from 51.1% in June (GDP according to the National Institute of Statistics release of October 10, 2024).In the seventh month of the year, medium- and long-term debt increased to 824.06 billion lei, from 809.248 billion ...

Romgaz's Chirca: We are ready for the winter of 2024-2025

Tuesday, October 29, 2024

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Romgaz, the largest natural gas producer and the main supplier in Romania, is prepared for the winter season and can ensure the continuity of activity in terms of natural gas production, Robert Chirca, Romgaz production and exploitation director, said on Monday at a specialist event."For this winter, I can tell you that for the 137 on-shore fields in our portfolio their 54 drying stations and 16 compression stations have undergone the annual revision process, capital ...

Competition Council authorises Public Power Corporation (PPC) takeovers

Tuesday, October 29, 2024

 The Competition Council has authorised the transaction by which Dimosia Epicheirisi Ilektrismou A.E. (Public Power Corporation - PPC) from Greece intends to take over the companies Felix Renewable Holdings SRL, Tomis Team SA, Ovidiu Development SA, MW Team Invest SRL and TMK Hydorenergy Power SRL, the competition authority reported in a press release on Monday.PPC SA is part of Greece's PPC group dealing with electricity production and supply.The PPC Group ...

Managers expect construction and retail prices to rise in the coming months

Tuesday, October 29, 2024

 Romanian managers estimate, for the period October - December 2024, a relative stability in the number of employees in construction and services as well as an increase in prices in construction and retail trade, according to data published on Monday by the National Institute of Statistics (INS).In the October 2024 conjecture survey, managers in the manufacturing industry estimate moderate growth in the volume of production for the next three months (conjuncture ...

Violinist Sarah Nemtanu, Polish conductor Jacek Rogala to open 2024 Royal Season at Romanian Athenaeum

Tuesday, October 29, 2024

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Violinist Sarah Nemtanu and Polish conductor Jacek Rogala are set to open the 2024 Royal Season with an extraordinary concert at the Romanian Athenaeum, on November 3.According to a press release sent on Monday, the opening of the 12th Royal Season, which became a traditional event in Bucharest, takes place under the auspices of the Romania-Poland Cultural Season 2024-2025, a bilateral programme aimed at strengthening cultural relations between the two countries and ...

Iohannis: We must remain firmly committed to supporting Ukraine's right to self-defence

Monday, October 28, 2024

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Romania is today a safe country and a pillar of stability in Eastern Europe, President Klaus Iohannis said on Friday, adding that the country must remain firmly committed to supporting Ukraine's right to self-defence against the aggressor for as long as it takes.Iohannis added that Romania is in a process of optimising its national legislative framework to prevent and combat the risk of failed drones used by Russian forces against Ukrainian targets, falling on national ...

ForMin Odobescu: Romania to participate in reflection processes on EU internal reform

Monday, October 28, 2024

Romania will promote an "ambitious" European agenda and will participate in the reflection processes on the internal reform of the European Union, Minister Luminita Odobescu said, according to a press release sent by the Ministry of Foreign Affairs (MAE)."As we are at the beginning of a new European institutional cycle, I am convinced that our joint efforts will contribute to harnessing the real potential of the European Union. In this respect, Romania will make all ...

Geoana at Ukraine Reconstruction Trilateral Forum in Iasi: We are witnessing a period of immense world order transformation

Monday, October 28, 2024

Presidential hopeful, independent candidate Mircea Geoana, declared on Friday in Iasi that humanity "is going through a period of immense transformation of the world order and of the fate of free and democratic Europe", this being "a complex and dangerous moment" for the destiny of Europe in the next half century, or maybe even sooner, as the former NATO Deputy Secretary General said in the speech delivered in the opening of the Trilateral Economic Forum for Business and Reconstruction ...

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