Tag: 5 billion

  • January 4, 2024

    January 4, 2024

    PATRIOT NATO has announced its decision to support a
    group of member countries including Germany, the Netherlands, Romania and Spain
    for the purchase of up to 1,000 anti-aircraft Patriot missiles. According to
    NATO, the European production will be increased to cover the growing demand being
    also aimed at strengthening the European Sky Shield. The contract stands at 5.5
    billion dollars and the cost of each Patriot missile is around 4 million
    dollars. The contract also covers the maintenance of the Patriot defence
    systems. NATO Secretary Jens Stoltenberg has underlined that raising the ammunition
    production is essential for the security of the allied countries and Ukraine.




    AGREEMENT An individual’s period of work and their rights to pension
    have mutually been recognized by Romania and the United States, after the law
    ratifying the agreement on the issue was promulgated by Romanian president
    Klaus Iohannis. Under the new agreement, the periods of work both in Romania
    and the United States will be taken into consideration in the process of calculating
    individual pensions. The document also provides for the export of pensions, a
    major facility regarding the mobility of pensioners in the two countries and
    maintaining their access to the pension rights under payment. The draft also
    includes provisions for the posted workers who have been exempted from paying
    social securities in the country they have been sent to work.




    SPORT Romania’s handball selection is today playing Switzerland in
    an away friendly part of the Yellow Cup. On Friday, Romania takes on Argentina
    and will be up against Bosnia on Saturday. For Romania, presently coached by
    famous Xavi Pasqual, Yellow Cup is the last test before the European
    Championship – EHF EURO 2024 due in Germany over January 10th and 28th.
    Romania is part of Group B together with Spain, Austria and Croatia. The first
    two sides are qualified for the so-called main groups. A quadruple world
    champion, Romania has not qualified for a European Championship since
    1996.


    NATO Secretary
    General, Jens Stoltenberg will convene a meeting between high NATO diplomats
    and officials from Ukraine on January 10, the military alliance has announced,
    Reuters reports. The meeting is to be held in the newly-created format
    NATO-Ukraine and will take place upon Kyiv’s request in the wake of the the
    latest rocket and drone attacks against civilians and localities from Ukraine,
    a NATO spokesman has announced. Russia stepped up its attacks around the New
    Year’s Eve, after President Putin had cautioned that Ukraine’s air raid over
    the Russian city of Belgorod, which Moscow claims that it killed 25 civilians,
    would not go unpunished.






    WEATHER The weather in Romania is warmer for
    this time of the year, with temperatures higher than usual. The highs of the
    day are ranging between 6 and 15 degrees Centigrade with a noon reading in
    Bucharest of 15 degrees.




    (bill)