Radio România Internațional

Tag: Genoa

  • December 19, 2024

    December 19, 2024

    Coalition – This is not the time for petty arguments, and every leader must see himself as a statesman and negotiate in order to have a government that should propose a budget and organize the presidential election as soon as possible next year, said the President of Romania, Klaus Iohannis. He announced that he would convene consultations with the political parties. Iohannis’s statement comes after the announcement of the Romanian Prime Minister and social-democratic leader Marcel Ciolacu that the PSD is withdrawing from the talks regarding the formation of the government and will vote for a right-wing minority government in Parliament. Prior to this announcement, the USR had set conditions to remain in the coalition formula which the discussion partners considered exaggerated. After the cancellation of the presidential election, the pro-European parties that entered parliament following the December 1 elections, PSD, PNL, USR and UDMR, began negotiations for the formation of a broad coalition government.

     

    Stock exchange – The Bucharest Stock Exchange registered decreases of almost 3% on almost all indices in Thursday’s meeting, at noon, and recorded transactions worth 2.63 billion lei (around 530 million Euros). The main BET index, which shows the evolution of the 16 most liquid companies, registered a decrease of 2.75%, up to 16,300.37 points, and the BET-Plus index, which shows the evolution of the 37 most liquid shares from the Bucharest Stock Exchange, was down by 2.68%.

     

    European Council – The President of Romania, Klaus Iohannis, is participating, today, in the meeting of the European Council, which is taking place in Brussels. According to the Presidential Administration in Bucharest, the agenda of talks includes topics such as: Ukraine, migration, the situation in the Middle East, the EU’s preparation in the civil and military fields and the response to crises, the EU enlargement, the Republic of Moldova, Georgia and issues related to freedom, security and justice. The European leaders’ discussion regarding Ukraine aims at analyzing the situation on the ground and the most appropriate ways to comply with the support commitments to the Ukrainian people and to continue the efforts necessary to reject the Russian invasion and ensure the prevalence of international law. The Romanian President will also inform the members of the European Council about the situation in Romania as a result of foreign interference in the electoral process. ‘I will emphasize that this is not a threat only to Romania, but to European democracies and values, in the most general way. Effective coordination at the level of the entire Union is necessary on the topic of combating foreign interference and hybrid attacks from Russia,’ said President Iohannis.

     

    Football – The main shareholder of the football club Rapid Bucharest, one of the most popular in Romania, the businessman Dan Şucu, became the majority shareholder of the Italian club Genoa, the Serie A group announced on its official website. The source points out that, following a capital increase to 45,356,262 Euros, of which 5,356,262 Euros are free and another 40,000,000 paid on December 14, the Board of Directors approved the Romanian investor’s offer. He subscribed to the entire capital increase, obtaining, in return, a share in the share capital of about 77% of Genoa CFC and leaving the previous shareholders as a minority – the release also states. President of the Concordia Employers’ Confederation, Şucu (61 years old) is a prominent figure in the Romanian economy. He is the founder of Mobexpert, the largest furniture brand in Romania, with over 2,200 employees. He is also involved in the real estate sector and in the media, with a key role in the business daily “Ziarul Financiar”. Genoa is ranked 13thin Serie A after 16 matches, with 16 points.

     

    Fitch – The Fitch rating agency has worsened Romania’s outlook from “stable” to “negative” regarding the raring for long-term loans in foreign currency. Among the reasons cited, Fitch mentions political risk factors, including “eroded political credibility” and political uncertainty, as well as fiscal slippages and unsustainable spending. An important factor that has been taken into account is the large budget deficit. Among the causes, Fitch lists public sector wage spending and “unfunded pension increases ahead of the election”. In addition, the new Romanian Parliament is more divided and there is an increase in the share of extreme right anti-European parties, which reflects the rising polarization of Romanian society. On the other hand, a plus for Romania is, according to Fitch, the solid banking sector. Among the factors that can lead to a positive rating, the agency mentions the higher than projected fiscal consolidation, which supports the stabilization of the public debt (GDP) in the medium term and the reduction of external indebtedness and external financing risks. (LS)

  • RRI Sport Club – Football

    RRI Sport Club – Football


    On Thursday and Sunday, Romanias national football side will be playing two games in the preliminaries of the European Football Championship next year. Our footballers first match will be against Belarus in Budapest on Thursday and the second one in Bucharest on Sunday against Andorra. Both matches will be played without supporters after the Romanian Football Federation has been sanctioned upon the match against Kosovo. Organized groups of children under 14 will be allowed to the stadium during the match against Andorra.



    For the two matches coach Iordanescu has summoned 26 players from Romania and abroad. The lineup will include several new players such as Denis Drăguş, from the Turkish side Gaziantep, Dennis Man, from the Italian side Parma and Louis Munteanu from the Romanian champions Farul Constanţa. Tudor Băluţă and Marian Aioani, both from Farul have not been summoned and neither has George Puşcaş, from Genoa. Due to the injuries he got in the latest leg of the Romanian football Super League, fullback Mario Camora from CFR Cluj, has been replaced by Andrei Borza of Rapid Bucharest.



    Also in Group I, on Thursday Kosovo plays at Andorra. The match in Tel Aviv, pitching Israel against Switzerland has been postponed for November 15th due to the state of war declared in Israel. On Sunday, Switzerland receives Belarus, and the Israeli representative is to go to Kosovo although the game in Pristina could also be postponed. After six games already played in the EURO 2024 preliminaries the Romanian national side ranks second in the group with 12 points, two points behind Switzerland. If they beat Belarus, Romania could top the groups ranking.


    (bill)


  • August 18, 2018 UPDATE

    August 18, 2018 UPDATE

    KOFI ANNAN – The former UN Secretary General, Kofi Annan, was a visionary, and his efforts to reform the Organisation will not be forgotton, Romanian President Klaus Iohannis said on Saturday. Kofi Annan died in hospital in Bern, Switzerland in the early hours of Saturday, after a short illness. He was awarded the Nobel peace prize for his humanitarian work jointly with the UN as an organisation in 2001. He was the seventh secretary general and served for two terms between 1997 and 2006. Annan’s foundation issued a statement on his Twitter account on Saturday that described him as a “global statesman and deeply committed internationalist who fought throughout his life for a fairer and more peaceful world”. Born in Kumasi, Ghana, on 8 April 1938, Annan joined the UN system in 1962 as an administrative officer with the World Health Organization in Geneva. He later served with the Economic Commission for Africa in Addis Ababa, the UN Emergency Force in Ismailia, the UN high commissioner for refugees in Geneva and in several senior posts at its headquarters in New York.




    ACCIDENT — Rescue teams continue to search for possible survivors after the dramatic collapse of a motorway bridge in Genoa, Italy. Over 40 people were killed when dozens of vehicles fell 45m. The cause of the disaster, which occurred during torrential rain, was not immediately clear but questions had been raised about the safety of the structure. Saturday was declared a national day of mourning in Italy and included a state funeral at the industrial port city’s fair grounds for those who plunged to their deaths as the Morandi Bridge gave way Tuesday. But many of those who lost loved ones declined to participate in the state funeral. Some cited the need to bid farewell in private while others blamed the loss of lives on those responsible for the bridge’s safety.




    INFLATION – Romania maintained in July, for the sixth consecutive month, its position as the country with the highest annual inflation rate among the European Union member states, of 4.3 percent measured by Harmonised Indices of Consumer Prices (HICP), Eurostat has reported. The figure is, however, smaller than the one June, when it stood at 4.7%. In its turn, the National Bank of Romania revised downwards, to 3.5%, the inflation forecast for this year.




    CYBER ATTACK – The Romanian Intelligenge Service SRI has announced it has strong information and data, including technical ones, that Romanian financial institutions have been under powerful cyber attacks in the period June-August this year. Recently, other partner institution of the SRI have identified, in their own countries, the imminence of such attacks, also dicrected against a number of financial systems across the world. The document also says that hackers use a variety of instruments, some from the Cobalt Strike arsenal, which are associated with a cyber crime group from the East.




    IMPORTS – Romania’s imports stood at 40.2 billion euros in the first six months of the year. Official statistics show that 3.3 billion euros went on food imports, double the amount in the first six months of 2008, according to Mediafax news agency. According to recent data provided by the National Institute of Statistics, Romania’s exports of farm and food products in the first half of the year accounted for only 2.2 billion euros, bringing the deficit at more than 1 billion euros.




    PROTESTS — In Romania, military prosecutors announced they would continue to receive over the weekend complaints from people injured in the gendarme intervention in the so-called Diaspora protests one week ago. So far, over 230 criminal complaints have been registered, and more than 100 people interviewed. Military prosecutors have opened a criminal investigation in rem for abusive behavior, abuse of office and negligence while on duty related to the gendarme intervention in the August 10th protests.