Tag: farmers

  • February 27, 2025 UPDATE

    February 27, 2025 UPDATE

    ENERGY The Romanian government passed an emergency order to extend the cap on electricity prices beyond the 31st of March deadline, until 30th June this year, and the one on natural gas prices until the beginning of April next year. The latter move is intended to prevent a rise in natural gas prices when the stocks for next winter are refilled. The energy minister Sebastian Burduja said recently that the government wishes to protect Romanian households and support the competitiveness of Romanian businesses. After the energy market was deregulated in January 2021, Romania was one of the European countries the worst hit by soaring electricity and gas prices.

     

    DEFICIT Romania’s budget deficit reached 0.58% of GDP in January, as against 0.45% in the same month last year, according to data made public by the finance ministry on Thursday. The institution said total revenues amounted to almost RON 47 billion, down 1.4%, amid lower EU funding and some current returns, such as VAT and excise duties. Expenditure, on the other hand, which amounts to RON 58 billion, went up by 4.5% compared to the corresponding period last year. The finance ministry mentions that this year’s state budget is based on an economic growth rate of 2.5% and a budget deficit of 7% of GDP. In 2024, the deficit went up to 8.65% of GDP, from 5.61% in 2023.

     

    FARMERS Romanian farmers stand in solidarity with their counterparts in Czechia, Slovakia, Hungary and Austria, who are staging protests against EU agricultural policies, which they see as unfair, and against massive imports of agricultural products from third countries. The Alliance for Agriculture and Cooperation, which includes a number of Romanian organisations in the field, said in a statement that Romanian farmers are faced with market distortions caused by duty free imports from Ukraine, the negative impact of the EU-Mercosur trade agreement on the competitiveness of European agricultural production, and by a growing bureaucratic burden caused by EU regulations. All of these pose a threat to food security, destroy local supply chains and affect farmers’ incomes, the Alliance says. Its representatives view the protests as a strong signal that the current agricultural policies must be revised in order to ensure a sustainable future for farmers across the European Union.

     

    INVESTIGATION Călin Georgescu, the far-right front-runner in the cancelled presidential elections in Romania, is under criminal investigation for 60 days, after being questioned by the General Prosecutor’s Office on Wednesday. While inquiries are being conducted, he is not allowed to leave the country and must check in with the police regularly. Georgescu is accused of six offences, some in aggravated form, including instigation to actions against the rule of law and presenting false information and giving false statements in respect of his wealth declaration and the funding of his election campaign.

     

    TATE BROTHERS The Romanian body investigating organised crime and terrorism confirmed that the case prosecutor allowed Andrew and Tristan Tate to leave Romania, but emphasised that the brothers are still under criminal investigation and must return to Romania. The two, who are holding dual British-American citizenship, are believed to have left the country on Thursday morning on board a private plane, heading for Florida. They were first arrested three years ago and are charged with rape, kidnapping and money laundering. Last week, the Financial Times wrote that the current administration in Washington is putting pressure on Romania to cancel the restrictions against the Tate brothers, which the Romanian authorities have denied.

     

     

    TARIFFS The tariffs the US could introduce on trade with the European Union would have less impact on Romania, as the country’s main trade partners are EU member states, said the National Bank chief economist Valentin Lazea. He added that 72% of Romania’s foreign trade is with EU states and mentioned the example of tariffs applied in the past on steel and aluminium, which did not affect Romania much, given that exports of these metals to the US are negligible. Lazea warned however that there will be an inflationary effect of the global increase in tariffs, which will push prices up. The US President Donald Trump announced on Wednesday, in the first meeting of his cabinet at the White House, that he will soon levy 25% customs duties on European products imported into the United States. (AMP)

  • Aid for Romanian farmers affected by the drought

    Aid for Romanian farmers affected by the drought

    The European Commission has approved a state aid scheme for Romanian farmers affected by the drought, worth 400 million Euros, which will be granted for losses incurred from September 2023 to August 2024. Following the analysis carried out, the EC found that the scheme is necessary and adequate to compensate Romanian farmers for the losses suffered due to this extreme climate event. Moreover, the Commission established that the system is proportionate because it is limited to the minimum necessary funds and has a limited impact on competition and trade between member states. Based on these considerations, the Commission approved the scheme for Romania in accordance with EU rules on state aid. It is intended for agricultural producers who have had losses for one or more of the thirty-nine types of crops selected by the Commission. It is about wheat, rye, barley, oats or rapeseed, peas, sunflowers or corn, crops that were affected by the severe drought after the fall of 2023.

     

    To qualify for this type of aid, agricultural producers must prove that they have lost more than thirty percent of their crops, and financial support will be obtained through direct subsidies. The maximum value of the aid amounts to 200 Euros per hectare for 100% loss, and payments will be made by December 31. In Romania, the authorities have already informed the farmers that until October 29, they can submit the requests and the minutes of damage assessment to the county departments for agriculture.

     

    On the other hand, two weeks ago, the authorities in Bucharest established that farmers affected by the drought, who have concluded loan or leasing contracts, will be able to request the suspension of debt payments and loan rates until August 1, 2025, if they fulfill two conditions cumulatively. The person who requests the suspension must have a written report showing that he or she had a degree of damage of at least 50%, and the interest rate charged by the creditor is higher than 2.5% + ROBOR index for loans in lei and 2% + EURIBOR index for foreign currency loans. Furthermore, farmers will be able to take loans fully guaranteed by the state on favorable terms to pay their outstanding debts.

     

    Unfortunately, the situation is serious. For this year alone, for example, the Romanian government estimates that around two million hectares have been affected by the drought and is considering financial compensation for the owners. However, losses are also announced for the farmers who managed to harvest the crops because some lots of corn have already been refused for export, due to the diseases emerged against the background of the drought. Calculations also show that Romania loses a thousand hectares of arable land every year due to desertification. In this context, the Environment Ministry fears a total desertification in the south of the country, in the next 50 years. (LS)

  • September 14, UPDATE

    September 14, UPDATE

    A roundup of local and international news.

     

    FLOODING – More than 5,000 households in several localities in Galati county (eastern Romania) were affected by floods, the General Inspectorate for Emergency Situations announced on Saturday. At least four people died and several hundred were evacuated. Also, in Vaslui County (east) there were floods in several localities, and dozens of people were evacuated. In several eastern counties, road and rail traffic were disrupted, and the electricity supply was interrupted. The authorities have announced that several camps will be set up for the citizens evacuated following the floods. The government specified that the residents of the flooded areas in Galati county, the most affected by the episode of severe weather and the consequences of the heavy rains, will receive water and food immediately, for a period of 7 days.

     

    WEATHER – The heavy rain created problems in the Republic of Moldova, in several districts near the border with Romania, as well as in the capital Chisinau, where a number of main streets in the city center were flooded, the authorities being forced to suspend the circulation of several public transport lines. There are also problems in other states in Central and Eastern Europe, after days of heavy rainfall. In the Czech capital, Prague, which suffered catastrophic flooding in 2002, flood barriers were erected. In the capital of Slovakia, Bratislava, there is a state of emergency following heavy rains. In Poland, due to the overflow of a river, the authorities decided to close a border crossing point with the Czech Republic, and it is not possible to drive on several national roads.

     

    DEFENSE – The U.S. State Department on Friday announced it has approved the sale of 32 F-35 Joint Strike Fighters to Romania in a deal worth roughly $7.2 billion. Romania’s deal for the Lockheed Martin-made F-35s will also include F135 engines made by Pratt & Whitney for each jet and a spare engine, the Pentagon announced. The Romanian Defense Ministry hailed the decision and specified that, in addition to the jets, the purchase would also provide logistics and maintenance support, navigation, communications and cryptographic equipment, ammunition and weapons, training for pilots and other personnel, and simulators. “Romania is a key NATO Ally in promoting security and stability in the Black Sea region and beyond. The F-35As will provide Romania with unparalleled air defense capabilities and enhance interoperability among NATO air forces”, U.S. Ambassador Kathleen Kavalec said.

     

    ENERGY – Romania’s natural gas deposits are full and the coal stocks are are at the required level. This is the conclusion of Friday’s meeting of the National Energy Command, convened by Energy Minister Sebastian Burduja. He specified that the problem is the significant fluctuation of energy prices in the short term, and one cause is the lack of interconnectivity between Austria and Hungary. The energy ministers from Romania, Bulgaria and Greece will present in about 10 days, to the Council of Ministers of the European Union, a preliminary plan for accelerating investments in interconnections, so that when energy is cheaper in one part of ​​Europe, the other part can also benefit similar prices. Romania continues to be the second largest gas producer in the EU.

     

    GERMAN BORDER – The Romanian Ministry of Foreign Affairs warns its citizens traveling to Germany to prepare for longer waiting times, because the government in Berlin has decided to extend temporary checks at all land borders to reduce illegal migration. As of Monday, in addition to the temporary checks already in place at the land borders with Austria, Switzerland, the Czech Republic and Poland, there will also be checks at the borders with France, Luxembourg, the Netherlands, Belgium and Denmark, for a period of six months. Romanians facing special situations can call the embassy’s hotlines in Berlin, as well as the Romanian consulates in Germany.

     

    FARMERS – Romanian farmers will receive a bigger advance from the European funds, the Agriculture Ministry in Bucharest announced. According to the institution, advances will be granted in the amount of 70% from the European Agricultural Guarantee Fund for direct payments and 85% from the European Fund for Rural Development, as a result of a derogation approved by the European Commission. The Romanian Agriculture Minister, Florin Barbu, has said that this will help farmers cope with the liquidity problems they face, in order to prepare for the new agricultural year. The Agency for Payments and Intervention in Agriculture specified that a budget of approximately 1 billion euros was allocated to cover these amounts and that it is making efforts to start payments on October 16.

     

    DRUGS – Three Albanian and three Romanian drug traffickers were detained by the Romanian law-enforcement agency DIICOT, after they were caught with approximately 4.5 kg of heroin. The drugs were prepared in a house in Ialomiţa county (south) and were intended for the Romanian market. The value of the heroin is approximately 50,000 euros. According to the Romanian Police, investigations began after two Albanian citizens entered the country on September 9, with the aim of trafficking a large amount of heroin. They then met with other members of the group in a house in Ialomiţa, where the drugs were mixed with additives, portioned and packaged. Later, the narcotics were distributed among the members of the group, according to DIICOT.

     

     

  • September 14, 2024

    September 14, 2024

    A roundup of local and international news.

     

    WEATHER – The weather is getting colder in Romania in most regions, with temperatures below the normal ones for this time of year. Normal values ​​are recorded in the eastern and southeastern areas. Showers and storms are present in most regions. Five people lost their lives in Galati (east), on Friday night, and hundreds of people were evacuated following severe flooding caused by the heavy rain. In certain situations, the fire-fighters had to use pneumatic boats, as the water was 1.5m high in some areas. The floods led blocked county and national roads. Maximum temperatures today are between 13 and 25 degrees Celsius, with 17 degrees Celsius in Bucharest at noon.

     

    DEFENSE – The U.S. State Department on Friday announced it has approved the sale of 32 F-35 Joint Strike Fighters to Romania, in a deal worth $7.2 billion. Romania’s deal for the Lockheed Martin-made F-35s will also include F135 engines made by Pratt & Whitney for each jet and a spare engine, the Pentagon announced. The Romanian Defense Ministry hailed the decision and specified that, in addition to the jets, the purchase would also provide logistics and maintenance support, navigation, communications and cryptographic equipment, ammunition and weapons, training for pilots and other personnel, and simulators. “Romania is a key NATO Ally in promoting security and stability in the Black Sea region and beyond. The F-35As will provide Romania with unparalleled air defense capabilities and enhance interoperability among NATO air forces”, U.S. Ambassador Kathleen Kavalec said.

     

    ENERGY – Romania’s natural gas deposits are full and the coal stocks are are at the required level. This is the conclusion of Friday’s meeting of the National Energy Command, convened by Energy Minister Sebastian Burduja. He specified that the problem is the significant fluctuation of energy prices in the short term, and one cause is the lack of interconnectivity between Austria and Hungary. The energy ministers from Romania, Bulgaria and Greece will present in about 10 days, to the Council of Ministers of the European Union, a preliminary plan for accelerating investments in interconnections, so that when energy is cheaper in one part of ​​Europe, the other part can also benefit similar prices. Romania continues to be the second largest gas producer in the EU.

     

    GERMAN BORDER – The Romanian Ministry of Foreign Affairs warns its citizens traveling to Germany to prepare for longer waiting times, because the government in Berlin has decided to extend temporary checks at all land borders to reduce illegal migration. As of Monday, in addition to the temporary checks already in place at the land borders with Austria, Switzerland, the Czech Republic and Poland, there will also be checks at the borders with France, Luxembourg, the Netherlands, Belgium and Denmark, for a period of six months. Romanians facing special situations can call the embassy’s hotlines in Berlin, as well as the Romanian consulates in Germany.

     

    FARMERS – Romanian farmers will receive a bigger advance from the European funds, the Agriculture Ministry in Bucharest announced. According to the institution, advances will be granted in the amount of 70% from the European Agricultural Guarantee Fund for direct payments and 85% from the European Fund for Rural Development, as a result of a derogation approved by the European Commission. The Romanian Agriculture Minister, Florin Barbu, has said that this will help farmers cope with the liquidity problems they face, in order to prepare for the new agricultural year. The Agency for Payments and Intervention in Agriculture specified that a budget of approximately 1 billion euros was allocated to cover these amounts and that it is making efforts to start payments on October 16.

     

    DRUGS – Three Albanian and three Romanian drug traffickers were detained by the Romanian law-enforcement agency DIICOT, after they were caught with approximately 4.5 kg of heroin. The drugs were prepared in a house in Ialomiţa county (south) and were intended for the Romanian market. The value of the heroin is approximately 50,000 euros. According to the Romanian Police, investigations began after two Albanian citizens entered the country on September 9, with the aim of trafficking a large amount of heroin. They then met with other members of the group in a house in Ialomiţa, where the drugs were mixed with additives, portioned and packaged. Later, the narcotics were distributed among the members of the group, according to DIICOT.

     

    DAVIS CUP – The Romanian team leads China 2-0 in the Davis Cup World Group II after the first matches in Craiova (southwest). Saturday has started with the doubles match pitting Victor Cornea/Bogdan Pavel against Fajing Sun/Rigele Te. The last two singles matches will be played between Filip Cristian Jianu and Bu Yunchaokete, and between Creţu and Yi Zhou respectively. On Friday, tennis player Cezar Creţu beat Yunchaokete Bu 3-6, 6-4, 7-6, and Gabi Adrian Boitan defeated Yi Zhou 7-6, 6-2. Romania and China have never  met at the Davis Cup before.

  • August 29, 2024 UPDATE

    August 29, 2024 UPDATE

    Farmers – An insurance system for agricultural land will be approved by the Romanian Government as part of a series of measures to help farmers whose crops have been affected by the drought, agriculture minister Florin Barbu said on Wednesday. The measures, to be adopted next week, include funds for this summer’s damage as well as a mechanism to ensure autumn and spring crops. Minister Barbu specified that compensation of up to 3,000 lei ( about 600 Euros) per hectare will be granted, which will unblock lending to Romanian farmers, following discussions with the banks’ representatives. The necessary funds will be provided from the national budget, and 17 million Euros will come from the EU’s risk fund. Also, the state aid scheme called “Farmer’s Credit” will be supplemented with approximately 80 million Euros.

     

    Chişinău – The first 40 school buses out of the 69 purchased with the help of Romania were distributed to educational institutions in several districts of the Republic of Moldova, a country with a majority Romanian-speaking population. More than 1,000 students from 40 rural schools will go to school in the new minibuses. Almost 95% of the funds needed to buy them were provided by the Romanian authorities. The rest are to be delivered by the end of October, Radio Chişinău reports. Previously, Romania helped the Republic of Moldova to buy 196 school minibuses in 2014 and 2017, as well as to modernize several kindergartens, for which more than 25 million Euros were allocated.

     

    George Enescu – The 2024 George Enescu International Competition starts in Bucharest on Saturday. Until September 27, a record number of candidates, 667 musicians aged 13 to 35 from almost 60 countries, are competing in the Composition, Cello, Violin and Piano categories. This year’s edition of the Competition will also include a Master class consisting of musical workshops for young artists specializing in conducting, violin, cello or piano. The workshops will be held by the acclaimed Romanian conductor Cristian Măcelaru, principal conductor of the Cologne Radio Symphony Orchestra and musical director of the National Orchestra of France. The George Enescu Competition started in September 1958 and this year it reaches its 19th edition.

     

    Elections – The Romanian government has set the dates for this year’s presidential election. The first round will take place on November 24, and the second on December 8. Last week the Government also decided the timetable for the parliamentary elections, scheduled to take place on December 1, when Romania’s National Day is celebrated. We remind you that on June 9, Romanians have already elected their representatives in the European Parliament, as well as their mayors and heads of local and county councils.

     

    Law – Dog owners in Romania will be obliged to ensure a minimum area for each individual animal, namely at least 4 square meters for small dogs and 6 square meters for large ones, according to a document put up for public debate by the National Veterinary Sanitary Authority and for Animal Safety. The bill also establishes fines between 2,000 and 5,000 lei for individuals who breed dogs for sale without being registered as kennel-type units. The document also provides clear conditions for issuing decisions to euthanize dogs from public and private shelters and allows local authorities to subsidize from their own budgets the actions of sterilization, identification and registration of stray common breed dogs.

     

    Romanian Language Day – The Romanian Academy celebrates, in Bucharest, Cluj-Napoca (north-west) and Iasi (north-east), the Romanian Language Day, established by law on August 31. On Thursday, in the Hall of the Bucharest Academy, a festive session was scheduled. The Institute of Linguistics and Literary History in Cluj organizes cultural, academic and educational activities registered under the aegis of “Romanian Language Week – Words that connect us”. Moreover, on August 31, the Iaşi Branch of the Romanian Academy meets the public, in the Botanical Garden, for an event named “Romanian Language Day – the celebration of Romanians everywhere”. During this period, events are also organized in the Diaspora, the Romanian Language Day being one of the most important cultural diplomacy events, aimed at highlighting the diversity and cultural heritage of the various Romanian-speaking communities around the world.

     

    Tennis – The Romanian tennis player Gabriela Ruse qualified, on Wednesday, to the third round of the US Open, the last Grand Slam tournament of the year, after defeating the Czech Barbora Krejcikova, the winner of this year’s edition of Wimbledon in two sets, 6-4, 7-5. In the next round, Gabriela Ruse, who reaches the third round for the first time at a Grand Slam tournament, will be up against the Spanish Paula Badosa. The Romanian won the only direct match with her so far, in February 2022, in the first round in Dubai. (LS)

     

  • August 29, 2024

    August 29, 2024

     

    FARMERS – An insurance system for agricultural land will be approved by the Romanian Government as part of a series of measures to help farmers whose crops have been ravaged by drought, Agriculture Minister Florin Barbu said on Wednesday. The measures, to be adopted next week, include funds for this summer’s damage, but also a mechanism to ensure autumn and spring crops. Minister Barbu, specified that compensation of up to 3,000 lei ($671.14) per hectare will be granted, which will lead to unblocking lending for Romanian farmers. The necessary funds will be provided from the national budget, while 17 million euros will come from the EU’s risk fund. Also, the state aid scheme called “Farmer’s Credit” will be supplemented with approximately 80 million euros.

     

     

    ELECTIONS – The Romanian government has set the dates for this year’s presidential elections. The first round will take place on November 24, and the second on December 8. Last week the Government also decided the calendar of the legislative elections, scheduled to take place on December 1, when Romania’s National Day is celebrated. We remind you that on June 9, Romanians have already elected their representatives in the European Parliament, as well as mayors and heads of local and county councils.

     

     

    MUSIC – The 2024 George Enescu International Competition kicks off in Bucharest on Saturday. Until September 27, a record number of candidates – 667 musicians aged 13 to 35 from almost 60 countries are competing in the Composition, Cello, Violin and Piano categories. This year’s edition of the Competition will also include a Masterclass consisting of musical workshops for young artists specializing in conducting, violin, cello or piano. The workshops will be held by the acclaimed Romanian conducter Cristian Măcelaru, principal conductor of the Cologne Radio Symphony Orchestra and musical director of the National Orchestra of France. The George Enescu Competition started in September 1958 and this year it reaches its 19th edition.

     

     

    DIPLOMACY – The Romanian Minister of Foreign Affairs, Luminiţa Odobescu, is today taking part in an informal meeting of EU foreign affairs ministers hosted in Brussels by the EU High Representative for Foreign Affairs and Security Policy, Josep Borrell. According to the Romanian Foreign Ministry, talks are mainly focused on Russia’s aggression against Ukraine and the situation in the Middle East. Taking part in the talks regarding the Russian aggression against Ukraine is the head of diplomacy from Kyiv, Dmytro Kuleba. The presentation of recent developments on the ground and the European Union’s multidimensional support for Ukraine are on the agenda. The situation in the Middle East is addressed in the context of increasing tensions in the area and the escalation of the humanitarian crisis in Gaza, as well as the sustained efforts of the US for a cease-fire agreement between the parties and the release of all hostages held by Hamas.

     

     

    CELEBRATION – The Romanian Academy celebrates, in Bucharest, Cluj-Napoca (north-west) and Iasi (north-east), Romanian Language Day, established by law on August 31. Today, in the Hall of the Bucharest Academy, a festive session has been scheduled. The Institute of Linguistics and Literary History in Cluj organizes cultural, academic and educational activities registered under the aegis of “Romanian Language Week – Words that connect us”. Moreover, on August 31, the Iaşi Branch of the Romanian Academy meets the public, in the Botanical Garden, for an event named “Romanian Language Day – the celebration of Romanians everywhere”. During this period, events are also organized in the diaspora, the Romanian Language Day being one of the most important cultural diplomacy events, aimed at highlighting the diversity and cultural heritage of the various Romanian-speaking communities around the world.

     

     

    TENNIS – The Romanian tennis player Gabriela Ruse qualified, on Wednesday, to the third round of the US Open, the last Grand Slam of the year, after defeating the Czech Barbora Krejcikova, the winner of this year’s edition of Wimbledon in two sets, 6-4, 7-5. In the next round, Gabriela Ruse, who reaches the third round for the first time at a Grand Slam tournament, will be up against the Spanish Paula Badosa. The Romanian won the only direct match with her so far, in February 2022, in the first round in Dubai.

  • Measures against the effects of drought

    Measures against the effects of drought

     

    The heat wave that has been affecting Romania since June will gradually decrease in most of the country. People will be able to recover from the high temperatures, the increased thermal discomfort and the tropical nights that marked almost the entire summer. However, the weather is expected to be warmer than normal, with very few showers.

     

    Meteorologist Iris Răducanu: “On Wednesday, the heatwave will continue to be felt in the western regions, alongside high thermal discomfort. Maximum temperatures will be up to 35 degrees Celsius. In the south of the territory, the weather will be generally unstable and there will be showers, electrical discharges and wind intensifications.”

     

    Instability will also be present in the southeast, locally in the east, in the mountains and in smaller areas in the center and north. After three hot and dry months, what will September be like? Iris Răducanu: “The next four weeks will be with higher temperatures than those specific to the period, especially through the western and southern regions, while rains will be scarce.”

     

    The flow of the Danube at the entrance to Romania is slightly more than half of the multi-year average, and in 42 sectors out of the 120 monitored, it is below the minimum necessary to satisfy water demand, according to the Romanian Water Administration.

     

    As for the inland rivers, due to the heatwave and the lack of precipitation, two watercourses in the south have completely dried up. In over 600 localities in the country, especially in the east, the water supply is restricted. In almost 300 others, not connected to centralized systems, the wells have dried up. Vegetation fires add to this picture in the counties of Vâlcea (south) and Vaslui (east). In fact, in Vaslui alone, approximately 270 hectares of dry vegetation burned in the last few days, with military firefighters intervening to extinguish 25 outbreaks.

     

    Authorities have called on the population to be aware that fire in hot periods and with advanced dryness, out of control or in strong wind conditions, can endanger the health and even the lives of people and animals and cause significant material damage. In agriculture, farmers are preparing for a new agricultural year, but this summer’s drought has caused them significant damage. Moreover, the extent of the damage in Romania could have an impact on the entire European continent, according to analysts cited by Reuters. They believe that, for example, Romania, which competes with France for the title of the largest producer of corn in the EU, due to the numerous waves of drought and heat wave, could have a 30% lower production this year. It’s a challenge to grow corn in an oven. It is one of the most difficult seasons that Romanian farmers have faced – says one of the analysts. The Ministry of Agriculture in Bucharest announced that among the measures considered, in addition to compensation, is the suspension of bank installments for farmers from September 1.

     

  • August 21, 2024 UPDATE

    August 21, 2024 UPDATE

    Visit – The Romanian Prime Minister, Marcel Ciolacu, is visiting Brussels, accompanied by the Minister of Investments and European Projects and the Finance Minister. He will discuss with the head of the European Commission, Ursula von der Leyen, including about Romania’s portfolio in the future community executive. Ciolacu said that his option is Victor Negrescu, who is currently the vice-president of the European Parliament. Marcel Ciolacu and Ursula von der Leyen will also discuss the implementation stage of the National Recovery and Resilience Plan. The Romanian prime minister might also present the general principles that he wants to put into practice to reduce the budget deficit.

     

    Drought – The drought has seriously affected cereal production in Romania, especially in the south of the country. The authorities say that an area of ​​approximately 2 million hectares is affected. According to some estimates, approximately 40% of the wheat, corn, rape and sunflower crops are allegedly compromised. It is the fourth year of drought in the last five years, and the losses of farmers are piling up. They put their hopes in the compensation that they can receive from the state. The Romanian Agriculture Minister, Florin Barbu, has recently declared that this year farmers will receive 200 Euros worth of aid per hectare for crops affected by the drought. He added that a unique mechanism in Europe was drawn up by which Romania should ensure 7 million hectares against the drought.

     

    NATO – NATO is strengthening Romania’s defense capacity with the LANZA air defense radar moved from Italy, including the technical team. Located in Tulcea county (southeast), the radar offers a unique capability to NATO’s command and control center, which provides both passive and active radar detection. This state-of-the-art radar is designed for detection, tracking and surveillance in advanced conditions. It is used to provide comprehensive situational awareness and improve the operational capabilities of various platforms, including military ships and submarines. Mobile active radars are highly effective and provide additional protection over airborne and static command and control platforms as they improve interoperability through alliances and partnerships and strengthen NATO’s air and space power readiness.

     

    Program – The Romanian government has decided to continue the program “Hot meals in schools”, for the almost 1.9 million children who go to kindergarten or school. They will receive fruits, vegetables, dairy and bakery products, and the local authorities and directors of the education units will be responsible for the smooth running of the program. Moreover, they will be taught why it is important to eat healthy food, through educational actions. Also during Wednesday’s meeting, the Government set the timetable for the parliamentary elections, scheduled for December 1. The election campaign will start on November 1 and end on November 30. Romanians in the country will vote between 7:00 a.m. and 9:00 p.m. For the Romanian citizens in the Diaspora, the vote will begin on November 30, at 7:00 a.m. and will end on December 1, at 9:00 p.m..

     

    Washington – The American Democrats officially confirmed Kamala Harris as their candidate for the November 5 presidential election, on Tuesday evening in Chicago, during the party’s national convention. The delegations from all the states and U.S. territories once again cast their votes for Harris, accompanied by music, lighting effects, short speeches and much cheering in the event hall, after she had already been officially elected in an online roll call earlier this month. Vice President Kamala Harris (60 years old) is the second woman nominated by the Democratic Party for the presidential election since its creation in 1828 and could become, if elected, the first female president in US history. She replaces the current US president, Joe Biden (81 years old), who gave up his candidacy for a second term. The Republican counter-candidate in the presidential election is the former president, the billionaire Donald Trump (78 years old).

     

    Air show – The biggest air show in Romania will take place on Saturday, August 31 at the Băneasa Airport near Bucharest. More than 100 civil and military aircraft and more than 150 pilots and paratroopers from 13 countries will participate. The event will mark the 20th anniversary of Romania’s accession to NATO. The pilots of the Romanian Air Force will perform demonstrations with F-16 and IAR-99 Şoim and STANDARD aircraft, among others, as well as with Spartan and Hercules transport aircraft. Special guests this year are the aerial acrobats from the Baltic Bees, the Latvian jet team with a unique in the world style of piloting, performing artistic maneuvers of maximum difficulty. The famous Lithuanian pilot Jurgis Kairys, a multiple world champion in aerobatics, is not missing this year either. (LS)

  • August 13, 2024

    August 13, 2024

    Drought – The Agriculture Minister, Florin Barbu, requested the European Commission to grant urgent compensation to Romanian farmers, affected by the prolonged drought that Romania has been facing. According to him, over two million hectares of corn and sunflower crops have been compromised, the average loss being estimated at 200 – 230 Euros per hectare. He requested that the total budget of over 75 million Euros, intended for crops cultivated in the fall of 2023, be reimbursed to farmers through a single community legal act, which should include technical rules and sources of financing, both from the European Union, and additional national aids. The loss of income of agricultural producers endangers the viability of farms and Romania’s security interests, the minister Florin Barbu also said.

     

    Fires – On Tuesday Romania sent a second contingent of firefighters to support the efforts to fight the vegetation and forest fires affecting Greece’s Attica region. According to the General Inspectorate for Emergency Situations, 40 firefighters and two special extinguishing and rapid intervention vehicles were supplied to Greece by air and two other 3,000-liter forest fire extinguishing machines and 4 rescuers, by land. On Monday, the Inspectorate announced that a Romanian firefighter, who participated in putting out a fire in Greece, suffered superficial injuries to his face, but did not require specialized treatment. Emergency services in Greece are battling the biggest fire this year, with multiple outbreaks, spread over an area of ​​200 square kilometers of vegetation and forest northeast of Athens. Entire towns have been evacuated. Meteorologists have warned that almost half of the country will be under a code red alert for fire, due to high temperatures that will reach 40 degrees Celsius in many regions of the country, and to the strong winds. EU states, as well as Turkey and Serbia, sent firefighters, planes and intervention trucks to Greece, after the Greek government activated the European Mutual Civil Protection Mechanism.

     

    Mini-holiday – Romanians will have a new mini-holiday this week on the occasion of the Christian feast of the Dormition and the Day of the Romanian Navy, celebrated on August 15. The coast will be the favorite destination, the Black Sea resorts expecting one of the busiest weekends of this summer season, with an estimated number of over 140,000 tourists. According to statistics, the occupancy rate in the seaside hotels will be over 90%. 122 years after the first anniversary, the Romanian Naval Forces announce that the Day of the Romanian Navy will be celebrated in the Black Sea and the Danube cities as well as in Bucharest through various events that include demonstration exercises, technical and armament exhibitions, interactive workshops, cultural activities with maritime specificity as well as military music concerts.

     

    Tarom – The Romanian airline TAROM maintains the suspension of flights to and from Tel Aviv, Amman and Beirut until August 16, the national airline operator announced in a press release. The company suspended, as of August 6, flights to these destinations following the travel alerts issued by the authorities, the recent developments in the Middle East area and the deterioration of the security context in the region. “TAROM advises all passengers to follow the official communications for the latest updates and to contact the company to reschedule their trip to a later date. Passengers may also request a refund of the cost of the plane ticket”, the press release states.

     

    Baccalaureate – The autumn session of the Baccalaureate continues today and tomorrow with the assessment of language skills in an internationally spoken language. The written exams will start on August 19 with the Romanian language and literature. On August 20, the obligatory written test of the profile is scheduled, and on August 21, the optional written test of the profile and specialization. The first results will be published on August 26, and the final results will be issued on August 30. Almost 34,000 high school graduates registered for the autumn session of the Baccalaureate this year. In the summer session, the exam pass rate was a little over 78%.

     

    Barometer – Young people in Romania want to be supported in relation to the labor market, housing and access to education, as well as to guidance and career counseling, show the conclusions of an opinion barometer regarding the situation of youth and their expectations, carried out at the order of the Ministry of Family, Youth and Equality of Chance. Another conclusion is that, for young people, high incomes and job security are the most important aspects. Young people considered the quality of life problematic and in terms of mobility and emigration, the barometer shows that going abroad is still a desire for many young Romanians. (LS)

  • May 3, 2024 UPDATE

    May 3, 2024 UPDATE

     

    EASTER        The Holy Fire for Orthodox Easter will be brought from Jerusalem on Saturday night and sent out to every parish in Romania. The Holy Fire is believed to be an Orthodox miracle, taking place every year on Holy Saturday in Jerusalem, at the end of Holy Week, a period of prayer when the faithful revisit the events of the last day in the life of Jesus Christ. On Friday night believers attend the Vespers of the Taking-Down from the Cross, when an epitaphios is carried to a low table in the church nave which represents the Tomb of Christ, with the epitaphios itself representing the body of Jesus wrapped in a burial shroud.

     

    JOURNALISTS According to the latest annual World Press Freedom Index, released on Friday by Reporters without Borders organisation (RSF), Romania ranks 49th out of 180 countries, up from 53rd last year. RSF says Romania “boasts a diverse and relatively pluralistic media landscape, providing fertile ground for hard-hitting public interest investigations. But a lack of transparency surrounding media financing, especially by the state, as well as market difficulties undermine the reliability of information and trust in the media.” “The market is diversified but fragmented, with many TV channels whose sustainability is fragile. Editorial decisions are often subordinated to the interests of owners, transforming the media into a propaganda tool,” the Index also reads. In Romania, RSF also says, the media lack independence and suffer from attempts at interference, especially regarding the appointments of the heads of public radio and television, and the National Audiovisual Council. Political parties can obtain favourable media coverage in return for opaque media funding. Populist politicians have adopted an aggressive political discourse towards journalists, the organisation also finds.

     

    GAZA Negotiations continue for a ceasefire and a new prisoner exchange in Gaza. The talks take place amid threats that Israel would strike the border town of Rafah, where the last Hamas units are located. But Rafah also hosts half of the population of the Gaza Strip, and the international community has warned that a land offensive there would cause a humanitarian disaster. A high-level UN official said the funds for the reconstruction of war-hit Gaza may reach as much as USD 40 bln. The UN Assistant Secretary-General Abdallah al-Dardari told a press conference that the scope of the destruction is unprecedented. Meanwhile, Gaza-related protests carry on in universities in the US. The police cleared a pro-Palestinian protest camp at UCLA in Los Angeles, with at least 200 people arrested. In Washington, president Joe Biden said that while he would always uphold the right to free speech, order must prevail.

     

    FARMERS The European Commission has extended the temporary framework enabling member states to provide state aid more easily to the farmers affected by the impact of the war in Ukraine. The mechanism was introduced in March 2022, after Russia attacked Ukraine, which triggered skyrocketing energy and fertilizer costs. The temporary crisis framework allowed member states to earmark up to EUR 280,000 in aid to affected farms until June 2024, and up to EUR 335,000 to fishery and aquaculture enterprises, as a derogation from the EU’s strict state aid rules. The agriculture ministers in 15 member countries also demanded an increase from EUR 20,000 to EUR 50,000 of the ceiling for the aid granted to an enterprise without consulting Brussels, but the request was dismissed.

     

    DISTINCTION Romanians have received the Grand Cross of the Order of the Second of May from the Community of Madrid, for their integration and for representing a cultural and economic asset for the region. “Apart from being hard-working, Romanians with their effort and courage help us create jobs and opportunities for others,” said the president of the Community of Madrid, Isabel Diaz Ayuos. “The Romanian community in Madrid is not only the largest foreign community here, but also the one that contributes the most to the social and economic development of the local society,” the charge d’affaires with the Romanian embassy in Madrid, Raluca Mihăilă, said in turn. More than one million Romanians are currently living in Spain.

     

    SPORTS The Romanian women’s handball champions CSM Bucharest Saturday take on the French side Metz, away from home, in the decisive leg of the Champions League quarter-finals. In the first leg, the French team won 27-24. Playing in the other quarter-finals are Gyor (Hungary) vs Kristiansand (Norway), Odense (Denmark) vs Bietigheim (Germany) and Esbjerg (Denmark) vs Ferencvaros (Hungary). In the men’s competition, Romania’s champions, Dinamo Bucharest, are up against the German side SG Flensburg-Handewitt in the semis of the EHF European League final tournament. The other semi-final is pitting defending champions Fuchse Berlin against another German team, Rhein-Neckar Loewen. In the quarterfinals, Dinamo outplayed the Danish side Skjern Handbold, after 28-27 in Bucharest and 38-34 away from home. (AMP)

  • February 14, 2024 UPDATE

    February 14, 2024 UPDATE

    Rome — The Romanian PM Marcel Ciolacu on Wednesday started a two-day working visit to Rome, the focal point of which is the third joint meeting of the governments of Romania and Italy. The previous intergovernmental summit was 13 years ago. On this occasion, there will also be an economic forum with the participation of the business environment from the two countries. The prime minister also has scheduled meetings with the mayor of Rome, Roberto Gualtieri, with representatives of the Romanian community in Italy, as well as a papal audience with Pope Francis at the Vatican. Romanias ambassador to Italy, Gabriela Dancău, said that, a joint declaration will be signed by the prime ministers on the development of the consolidated strategic partnership, and, at the level of the ministers, several sectoral cooperation documents will be signed. On Thursday, Marcel Ciolacu will have an official meeting with his Italian counterpart, Giorgia Meloni, after which they will make press statements. Italy is home to the largest community of Romanians abroad, over 1,100,000. Italy is Romanias second trading partner, with a share in our countrys total trade of approximately 9.5%.



    Cyber attack – Several hospitals in Romania, including in Bucharest, have been targeted by a cyber-attack that encrypted data on their servers, the National Cyber Security Directorate (DNSC) announced. Most of the healthcare units affected by the incident had safety copies of their data. According to the health ministry, exceptional security measures have been implemented, with many units in the healthcare system disconnected from the internet for further inquiries. The Directorate Investigating Organized Crime and Terrorism Offences has started a criminal investigation.



    Farmers – The European Commission has officially endorsed a regulation which grants a one-year exemption from the rule requiring farmers to keep 4% of their arable land fallow. The rule, designed to help improve environment conditions, had sparked protests across the EU, including in Romania. In exchange, farmers are now required to grow nitrogen fixing crops such as lentils or peas. The new regulation is intended to give farmers more flexibility, while also protecting biodiversity and land quality. The measure is to be applied for the year 2024. Member States have 15 days to notify the Commission of the implementation option that they choose out of the 2 alternatives available.



    Statistics — Romanias economy grew by 2% in 2023, according to the data published on Wednesday by the National Institute of Statistics in Bucharest. In exchange, the gross domestic product increased last year by only 0.5% both in the EU and in the euro zone. At the same time, the annual rate of inflation in Romania was 7.41% in January compared to 6.61% in December 2023. Services prices rose the most, by 1.55%, followed by foodstuffs, by 1 .3%, and non-food products, by 0.74%. More important price drops were recorded in milling products and edible oil.




    Medicines – The National Agency for Medicines in Romania will establish, this year, a list of vital medicines for our country. The decision comes after, at the European level, around 200 medicines have been identified that often miss from the markets of several member states. The European list will be transformed into a series of national lists of critical medicines, said the President of the Agency, Răzvan Prisada. About the medicines included in the document he explained that they are not necessarily in short supply at present, but that risks may arise once they become scarce. Among the causes that can lead to a shortage of medicines, Prisada identified an entire range, from commercial reasons to the lack of raw materials. He added that, at the European level, there is a seasonal problem with the lack of antibiotics, but this will be solved once the epidemiological season ends.



    Renewable energy – Romania remained the last country in the European Union that failed to regulate the trading of guarantees of origin for the export of renewable energy, which limits the national renewable energy market. This takes place in the context of the multiplication of long-term contracts for the purchase of electricity negotiated directly, against the background of the spread of energy from renewable sources. The Secretary of State in Romania’s Energy Ministry, Dan Drăgan, has given assurances that the problem will be solved. He estimates that, by mid 2024, the National Energy Regulatory Authority will become part of the European regulatory framework, and by the end of this year guarantees of origin will be able to be traded at the European level. (AMP, LS)

  • February 14, 2024

    February 14, 2024

    VISIT A Romanian
    delegation headed by PM Marcel Ciolacu is on a visit to Rome as of today. The
    main item on the agenda is the 3rd joint meeting of the 2 countries’
    governments, held 13 years
    after the previous inter-governmental summit. An economic forum will also be organised,
    attended by business people from the 2 countries. PM Ciolacu has meetings today with
    members of the Romanian community in Italy, and is to be received by His
    Holiness Pope Francis at the Vatican. Also today, the Romanian official has
    talks with the Mayor of Rome, Roberto Gualtieri. On Thursday Marcel Ciolcacu
    will have an official meeting with the PM of Italy, Georgia Meloni, followed by
    joint press statements. Italy is home to the largest Romanian community abroad,
    comprising more than 1.1 million citizens, and is Romania’s second-largest
    trade partner, with exchanges accounting for approx. 9.5% of the country’s
    foreign trade.


    CYBER ATTACK Several hospitals in Romania, including
    in Bucharest, have been targeted by a cyber-attack that encrypted data on their
    servers, the National Cyber Security Directorate (DNSC) announced. Most of the
    healthcare units affected by the incident had safety copies of their data.
    According to the health ministry, exceptional security measures have been
    implemented, with many units in the healthcare system disconnected from the
    internet for further inquiries. The Directorate Investigating Organised Crime
    and Terrorism Offences has started a criminal investigation.


    FARMERS The European Commission has officially endorsed a regulation which
    grants a one-year exemption from the rule requiring farmers to keep 4% of their
    arable land fallow. The rule, designed to help improve environment
    conditions, had sparked protests across the EU, including in Romania. In exchange, farmers
    are now required to grow nitrogen fixing crops such as lentils or peas. The new
    regulation is intended to give farmers more flexibility, while also protecting
    biodiversity and land quality. The measure is to be applied for the year 2024. Member
    States have 15 days to notify the Commission of the implementation option that they
    choose out of the 2 alternatives available.


    STUDENTS Romanian schoolchildren may
    have free of charge access to museums, concerts, theatre and opera shows,
    movies and other cultural and sports events organised by public institutions,
    within approved budgets, under a new bill passed in the Senate and backed by
    all parliamentary parties. In a society threatened by the absence of role
    models, museums and other informal learning venues should be available to
    students free of charge, and this facility is an investment in their
    educational future, the bill authors argue. The draft law is to be forwarded to
    the Chamber of Deputies for the decisive vote.


    TRANSPORTS Special lanes for EU and third-country lorries will be
    operational in several Romanian checkpoints as of this week, the public road
    company has announced. This is one of the measures agreed on with the carriers
    that have been protesting in Romania over the past month, and it is designed to
    reduce waiting times at the border. Moreover, carriers will no longer be
    charged additional fees for weight 5% over the accepted ceiling. A new round of
    talks on separate flows for EU and non-EU lorries was held on Tuesday by the
    transport ministry, the public road company and road transport operators.


    INTERESTS The
    National Bank of Romania has decided to keep the monetary policy interest rate
    at 7% per year, the institution announced. The key interest rate has not been
    changed since last January, when the National Bank decided to raise it from
    6.75% to 7% per year. A balanced mix of macroeconomic policies and structural
    reforms, including the use of EU funding to encourage the country’s growth
    potential in the long run, are vital to maintaining macroeconomic stability and
    to strengthening the Romanian economy’s capacity to withstand negative
    developments, the institution said.

    NATO Eighteen NATO member states will reach the 2% of GDP defence allocation
    target in 2024, the NATO secretary general Jens Stoltenberg announced on
    Wednesday, ahead of a meeting of NATO defence ministers. According to Reuters, he
    also said that EU member states will invest a combined USD 380 bln in defence
    this year. The decision to earmark at least 2% of GDP to defence dates back to
    2006, but only some member states have reached this target. After Russia
    invaded Ukraine in February 2022, NATO member countries reiterated this
    commitment. Romania has channelled over 2% of its GDP for defence for several
    years, and after the start of the war in Ukraine it has committed to invest
    2.5% of GDP in Army equipment. (AMP)

  • February 13, 2024 UPDATE

    February 13, 2024 UPDATE

    VISIT The PM
    of Romania, Marcel Ciolacu, will be on an official visit to Rome on February
    14-15, and will take part in the 3rd joint government meeting of Romania and
    Italy, held 13 years after the previous inter-governmental summit. PM Ciolacu
    will have meetings with the PM of Italy, Georgia Meloni, and will attend a
    meeting of the 2 official delegations and the signing of bilateral documents. His
    agenda also includes talks with the Mayor of Rome, Roberto Gualtieri, and a
    meeting with the Romanian community in Italy. Italy is one of Romania’s most
    important economic partners, and the Economic Forum focusing on areas such as IT&C,
    energy, the processing industry, infrastructure and the agri-food industry is
    another excellent opportunity to improve our economic cooperation, PM Marcel
    Ciolacu said. Marcel Ciolacu will also be received by His Holiness Pope Francis
    at the Vatican.


    INTERESTS The
    National Bank of Romania Tuesday decided to keep the monetary policy interest
    rate at 7% per year, the institution announced. The central bank will also keep
    the credit facility interest rate at 8% per year and the deposit facility
    interest rate at 6% per year, and also maintain the current levels of the
    compulsory minimum reserve rates for banks’ national and foreign currency
    liabilities. The key interest rate has not been changed since last January, when
    the National Bank decided to raise it from 6.75% to 7% per year. A balanced mix
    of macroeconomic policies and structural reforms, including the use of EU
    funding to encourage the country’s growth potential in the long run, are vital
    to maintaining macroeconomic stability and to strengthening the Romanian
    economy’s capacity to withstand negative developments, the institution said. An
    updated forecast by the central bank reconfirms the prospects of an increase of
    the annual inflation rate in the first months of this year, following the
    increase of existing indirect taxes and the introduction of new ones, and of a
    subsequent downward trend, at a slower pace than in 2023 and than originally
    expected.


    CYBERSECURITY On Tuesday 4 more hospitals in
    Bucharest and elsewhere in the country were added to the list of 21 public and
    private healthcare units affected since last weekend by a large-scale cyber
    security incident, the National Cyber Security Directorate (DNSC) announced. A crypto
    currency ransom demand has been received, amounting to approx. EUR 157,000, but
    the attackers only provided an email address, without disclosing the name of
    the group claiming the attack. Both the DNSC and other cyber security
    authorities involved urge the victims not to contact the perpetrators and not
    to pay the ransom. The healthcare minister, Alexandru Rafila, has told Radio
    Romania that some of the hospitals have managed to fix the problems, and the
    authorities will come up with a new technical standard designed to prevent such
    actions. Other public institutions in Romania have been targeted by cyber-attacks
    in the past.


    FARMERS On
    Tuesday the European Commission officially endorsed a regulation which grants a
    partial exemption for farmers from the rule binding them to keep 4% of their
    arable land fallow. In exchange, they are required to grow nitrogen fixing
    crops such as lentils or peas. The measure comes after large-scale farmer
    protests across the EU, including in Romania. Member States who wish to apply
    the derogation at national level need to notify the Commission within 15 days
    of entry into force of the Regulation so that farmers can be informed as soon
    as possible.


    WRD World Radio Day was celebrated on Tuesday, and this year’s theme
    was A century of information, entertainment and education. To mark this
    celebration, Radio Romania’s stations broadcast interviews with journalists,
    media experts, teachers, public figures and listeners, and their programmes
    featured debates on the future of radio and broadcasts from the European
    Broadcasting Union. The UNESCO declaration on World Radio Day, entitled Radio,
    the Trusted Guide in a Changing World, can be found on the websites of all
    Radio Romania’s stations.


    WRESTLING The
    Romanian athlete Denis Florin Mihai won the bronze in the Greco-Roman style 55
    kilo category of the European Wrestling Championship in Bucharest on Tuesday, after
    defeating Georgia’s Nugzari Tsurtsumia. Mihai ranks 4th in the world
    standings and was the bronze winner in last year’s European Championships. Romania
    takes part in the event in Bucharest with 30 athletes, 10 in each style.


    POLO Romania’s men’s water polo team will play for the 9th
    place at the World Championships in Doha, Qatar, after defeating China 9-7 on Tuesday. In
    the match for the 9th and 10th places, scheduled on
    February 15, Romania takes on the USA. Romania finished 8th last
    month in the European Championships held in Croatia, and the team’s best performance
    to date at a World Championship is a 5th place in 1975. (AMP)

  • February 9, 2024 UPDATE

    February 9, 2024 UPDATE

    FARMERS The government of Romania has approved a support package for
    farmers, including loans with lower interest rates and electricity subsidies.
    On the other hand, the European Commission Friday approved a EUR 241 mln aid
    scheme, requested by Romania to support farmers in the context of Russia’s war
    against Ukraine. The aid will be provided as direct grants not exceeding EUR
    280,000 per beneficiary. Romania also benefits from EUR 34 mln from the EU’s Solidarity
    Fund, in support for the damages suffered as a result of the drought of 2022.
    The money was already transferred in December of last year, and Romania has one
    and a half years to implement the scheme.




    ELECTIONS Merging European Parliament elections and local elections
    on June 9 is on the agenda of the ruling coalition in Bucharest. According to
    some political sources, the Social Democrats also proposed combining the
    elections for the national Parliament with the first or second round of the
    presidential elections, which would complement the first scenario. The opposition
    is firmly against these initiatives. Save Romania Union has announced it has
    started proceedings to ask the Venice Commission for a point of view on merging
    European Parliament and local elections less than six months before the
    election date. This year all four types of elections are scheduled in Romania -
    parliamentary, European, local and presidential.




    EXPORTS Romania’s
    exports last year exceeded EUR 93 bln, 1.3% more than in 2022, according to the
    National Statistics Institute. Imports on the other hand reached EUR 122 bln, 3.2%
    below 2022. The trade balance deficit amounted to roughly EUR 29 bln, more than
    EUR 5.1 bln less than in 2022. The automotive industry and transport equipment
    sector accounted for important shares in the structure of both imports and
    exports.






    WASTE Romania is the country generating the smallest amount of waste
    in the EU, the Eurostat announced. According to data released by the EU
    statistics office, 513kg of municipal waste were generated in average by each
    EU inhabitant in 2022, which is 19kg less than in the previous year. The
    largest amounts are generated in Austria (827kg per capita), followed by
    Denmark and Luxemburg (over 700kg). At the opposite pole, Romania generates 300kg
    per capita. Although it generates the smallest amounts of municipal waste,
    Romania also recycles the least in the EU-around 36kg out of the 300kg per capita,
    as against the EU average of 249kg per capita. Malta, Greece and Cyprus also
    recycle less than 100kg per capita, as compared to Austria, where the average
    is 510kg per capita.




    UKRAINE President Volodymyr Zelenskiy has appointed General
    Oleksandr Syrskyi as Commander-in-Chief of the Armed Forces of Ukraine,
    replacing General Valery Zaluzhny. Ukraine’s head of state said it was time for
    changes, and explained that the dismissed general should remain in his team.
    After the failure of the Ukrainian counter-offensive in the summer, Zaluzhny
    warned that the war had reached a stalemate, turning into a war of attrition,
    and that in order to win his country needed technologically superior weapons to
    the Russian ones and more troops. International media note that Valery Zaluzhny
    is more popular among Ukrainians than Zelensky. In another move, the Russian
    president, Vladimir Putin, has threatened the United States with a global war, which
    would bring the whole of humanity to the brink of extinction, if
    Washington sends troops to Ukraine. In an interview to the controversial
    American journalist Tucker Carlson, Putin claimed Russia will fight to
    the end to defend its interests.






    POLO Romania’s national water polo team was defeated by Italy, 16-10,
    in its last match in Group D of the World Championship in Doha, Qatar. In the
    first two matches, the Romanians lost to Hungary and outclassed Kazakhstan
    25-3. Romania ranks third in the group, after Hungary and Italy. Group winners move
    straight into the quarter-finals, while the second and third-ranking teams are
    in for a play-off for the quarters. Last month, Romania finished in the 8th
    place at the European Championship in Croatia. (AMP)

  • February 9, 2024

    February 9, 2024

    Farmers. The Bucharest
    government has approved a support package for farmers, including loans with
    lower interest rates and electricity subsidies. On the other hand, Romania will
    benefit from 34 million Euros from the Solidarity Fund of the European Union, in
    support for the damages suffered as a result of the drought of 2022. The money
    was already transferred in December of last year, and Romania has one and a
    half years to implement the provision of
    this aid.




    Elections. Merging European
    Parliament elections and local elections on June 9 is on the agenda of the PSD-PNL
    governing coalition in Bucharest. According to some political sources, the Social
    Democrats also proposed combining the elections for the national Parliament
    with the first or second round of the presidential elections, which would
    complement the first scenario. The opposition is vehemently against these
    initiatives. The Save Romania Union has announced that it has started the
    proceedings regarding the notification of the Venice Commission for a point of
    view on mergin European Parliament and local elections less than six months
    before the election date. We recall that, this year, all four types of
    elections are taking place in Romania – parliamentary, European, local and
    presidential.




    Borders. The first two
    scanners out of the 26 that Romania is buying with European money have already
    arrived in the country and will be functional at the end of this month, Finance
    Minister Marcel Boloş announced on social media. They will be located at the
    border points with the Republic of Moldova Giurgiulesti and Albița (east) and
    will scan the goods entering the country. The minister added that, by the end
    of the year, eight scanning systems will be available in Romanian customs.











    Ukraine. President Volodymyr Zelenskiy has appointed General Oleksandr Syrskyi as Commander-in-Chief of the Armed Forces of Ukraine, replacing General Valery Zaluzhny. The head of state said it was time for changes and that the dismissed general should remain in his team. After the failure of the Ukrainian counter-offensive in the summer, Zaluzhny warned that the war had reached a stalemate, in the stage of a conflict of attrition and that, in order to achieve victories, his country needed weapons technologically superior to the Russian ones and new troops. International media note that Valery Zaluzhny is more popular among Ukrainians than Zelensky. In another move, the Russian president, Vladimir Putin, has threatened the United States with a global war, which would bring the whole of humanity to the brink of extinction, if Washington sends troops to Ukraine. In an interview to the controversial American journalist Tucker Carlson, Putin claims that Russia will fight to the end to defend its interests.


    BRD. BRD CEO Maria
    Ruseva, did not want to comment on the recent information covered by the media regarding
    the possible intention of Groupe Société Générale to sell the bank owned by
    Romania. She specified, instead, that BRD – Groupe Société Générale continues
    to aim for third place on the Romanian banking market, where, last year, it
    obtained a net profit of 1.66 billion lei (the equivalent of over 33 million of
    euros), up by 24%. The bank estimates that this year it will pay between 100
    and 120 million lei for the new tax applied to banks. In Romania, BRD – Groupe
    Société Générale operates a network of 451 units, and the total assets of the
    bank amounted, at the end of March 2023, to 70 billion lei.






    Polo. Romania’s
    national water polo team was defeated by the Italian team 16-10 in its last
    match in Group D of the World Championship in Doha, Qatar. In the first two matches,
    the Romanians lost to Hungary and outclassed Kazakhstan 25-3. Romania ranks
    third in the group, after Hungary and Italy. The winners of the groups qualify
    directly for the quarter-finals, and the teams in the second and third
    positions are in for a play-off for the quarters. Last month, Romania finished
    in 8th place at the European Championship in Croatia.




    Football. Romania’s
    national football team will play in Group C2 of the 2024-2025 edition of the
    Nations League, alongside Kosovo, Cyprus and Lithuania or Gibraltar,
    according to the draw made on Thursday evening in Paris. The group matches are
    scheduled in the fall of this year. Until then, Romania will participate, in
    June, in the final tournament of the European Championship, organized in
    Germany. The Romanians are part of Group E, where they will take on Belgium,
    Slovakia and the winner of the playoffs, in which Ukraine, Israel, Bosnia and
    Iceland will participate. (MI)