Radio România Internațional

Tag: government

  • March 6, 2025

    March 6, 2025

    EU The interim President of Romania Ilie Bolojan had a meeting in Brussels on Thursday with the PM of Poland, Donald Tusk, the topics approached by the 2 officials including the strengthening of NATO’s Eastern Flank. Mr Bolojan takes part in an extraordinary European Council meeting, where EU heads of state and government are discussing support for Ukraine and European defence. The president of Ukraine Volodymyr Zeleskyy and the NATO Secretary General Mark Rutte were also invited to attend. The European Commission chief Ursula von der Leyen has already sent European leaders a plan to re-arm Europe, with 5 financing instruments: increasing national defence budgets, a EUR 150 bln loan for common defence projects, possible financing from the bloc’s cohesion funds, from the European Investment Bank and private funds. The plan also increases military aid to Ukraine. Last week, Mr. Ilie Bolojan invited the political parties in the Romanian Parliament to consultations, to discuss Romania’s response to the current security challenges. Most parties opposed Romania sending peacekeeping troops to Ukraine, in the event of an end to the conflict with Russia, but voiced willingness, in principle, for Romania to continue supporting the neighbouring country.

     

     

    TREASON Prosecutors with the Directorate Investigating Organised Crime and Terrorism Offences (DIICOT) have detained six individuals over charges of forming an organised crime group and treason. According to DIICOT, the defendants apparently set up a paramilitary organisation and negotiated Romania’s exit from NATO with Russian agents. Prosecutors say that the organised crime group was structured like a military-type organisation, with management ranks and operative personnel. Radu Theodoru, a retired general and 101-year-old war veteran, was also among the organisation’s leaders. The group used online platforms to release video materials and recruit members. At the same time, it took steps to hold negotiations with foreign political and military actors regarding the replacing of the current constitutional order. In January, DIICOT also says, 2 of the defendants travelled to Moscow, where they came into contact with people willing to support the organisation’s efforts to take over power in Romania.

     

     

    GOVERNMENT The Romanian government is set to pass several emergency orders today, concerning, among other things, the heathcare reform and the spending of EU funds. In the field of healthcare, the government wants to improve regulations on public medical care for freelancers, on the taxation of medicines, on the organisation and operation of medical offices and the granting of sick leaves. In a separate emergency order, the Romanian government earmarks the financing for certain local authorities to complete works to extend and upgrade natural gas infrastructure. Finally, the cabinet is also to approve the amount of this year’s state aid for the livestock sector.

     

     

    EU FUNDING Romania has received over EUR 100 billion in European funds since its accession on January 1, 2007, the minister of investments and European projects, Marcel Boloş, said in a Facebook post on Wednesday. According to him, Romania is no longer an economic periphery, but a country that is rapidly catching up and has surpassed Poland, Hungary, Croatia and Greece in terms of GDP per capita, an essential indicator of the standard of living. If we are reckless, we blame the European bloc, but the fact that we are at the best moment of our country’s development is due to our EU and NATO membership, Mr. Boloş emphasised.

     

     

    TRAVEL Romanian tourism increased slightly in the first month of this year, compared to January 2024, with 12% more nights spent in tourist accommodation units, says the National Tourism Agency. Over 84% of visitors were Romanians, with an average length of stay of almost two days, while foreigners stayed in accommodation facilities for slightly more than two days. According to experts, the upward trend will continue this year, when it could exceed the level reported in 2019, before the COVID-19 pandemic.

     

     

    FOOTBALL The Romanian football champions FCSB take on the French team Olympique Lyon in Bucharest tonight, in the Europa League round of 16. The return leg will take place in France on March 13. The Romanian team qualified for the round of 16 of the Europa League, after outplaying the Greek team PAOK Thessaloniki, coached by the Romanian Răzvan Lucescu. (AMP)

  • February 6, 2025

    February 6, 2025

     

    BUDGET Parliament endorsed on Wednesday evening the draft laws on the state budget and the social security budget for 2025. The budget is based on a 2.5% economic growth forecast and a budget deficit of 7% of GDP. According to the finance minister Tánczos Barna, the conditions are thus met to support development through record-large investment, to ensure the payment of salaries and pensions, to protect vulnerable citizens, and to restore balance in the country’s finances.

     

    GOVERNMENT The coalition government in Bucharest convenes today for the first time after this year’s state budget law has been endorsed. The Cabinet’s agenda includes several investment projects concerning the green transition, worth approx. EUR 18 mln. This year’s priorities under the “Anghel Saligny” Local Development Programme are also being discussed, and a formula for calculating national minimum gross wages based on inflation and labor productivity is to be approved, in line with the relevant European Directive. Since the beginning of the year, minimum gross wages in Romania have stood at approx. EUR 810, and the new formula should ensure predictability in employees’ incomes.

     

    RESTRUCTURING Over 400 administrative posts in Parliament are to be scrapped, after Romania’s Chamber of Deputies approved the reorganisation of its staff on Wednesday. Personnel cuts will be made from the Chamber Speaker’s office and the Permanent Bureau members’ offices, and from various departments and directorates in the institution. According to the Chamber leaders, 240 fewer posts will result in annual savings of about EUR 7 mln. Recently, the Senate also decided to cut almost 200 positions, despite employee protests. The government speaks about the need to lower spending in order to contain the budget deficit, while the opposition complains about a lack of transparency and violation of legal provisions.

     

    PRESIDENT The Young People’s Party (POT), a new entry in the Romanian Parliament, Wednesday evening filed a third request to remove the country’s acting president, Klaus Iohannis, from office. The move comes after the opposition failed to get the previous requests on Parliament’s agenda due to procedural flaws. If all legal procedures are met this time, Parliament will convene for a vote in a joint plenary meeting of the two Chambers. On December 21 last year, president Klaus Iohannis’ second and last five-year presidential term under the Constitution was due to come to an end, but after the presidential elections were cancelled his term was extended until a new head of state is elected.

     

    ELECTIONS The Minister Delegate in charge of European Affairs Benjamin Haddad is on a two-day visit to Bucharest, to express his country’s solidarity with Romania, which is subject to foreign interference, reads a news release issued by the French foreign ministry. The French governmental agency in charge of protection against foreign digital interference, VIGINUM, said in a report quoted by the Radio Romania correspondent in Paris that such moves disrupted the smooth conduct of the presidential elections in Romania at the end of last year. We have more after the news.

     

    The Romanian Government Scholarships Program is now open for applications. Each year, the Romanian Government, through the Ministerul Afacerilor Externe/ Ministry of Foreign Affairs, Romania, provides a number of scholarships to citizens from non-EU countries, with good results in education. Applicants can choose from any of the following three study cycles in accredited higher education institutions in Romania: Bachelor’s degree, Master’s degree or PhD. Scholarships are NOT awarded in the fields of medicine, dental medicine and pharmacy. The eligibility criteria, documents and detailed information can be found on the Study in Romania platform, using the Apply for MFA Scholarships button https://studyinromania.gov.ro/

    Applications are to be submitted ONLY through the Study in Romania platform at https://scholarships.studyinromania.gov.ro/

    Applications are accepted between 29 January and 12 March, 2025, with the selection results announced around 30 June 2025.

  • January 31, 2025 UPDATE

    January 31, 2025 UPDATE

    GOVERNMENT The Romanian government has completed all the preliminary procedures before passing the draft 2025 state budget law on Saturday. According to PM Marcel Ciolacu, the news that the budget bill has been finalised has triggered a decrease in the interest rates at which the country borrows money in foreign markets. He said that, after the budget is endorsed in Parliament, other positive effects will follow. Ciolacu mentioned that exports will increase this year by over 3% as a result of Romania’s full Schengen accession, and emphasised that the warm weather in January allowed construction works to progress significantly, especially as regards the highway infrastructure. As a result, the budget earmarked to transportation has been increased by almost 20% compared to last year. A priority for this year is attracting foreign investments, Ciolacu added. In this respect, he announced that a foreign holding has announced plans to relocate a factory from Bulgaria to Romania. Moreover, the PM said that there are clear signals that the strategic partnership with the US is entering a new economic dimension and that next week he will have talks with the heads of major American investment funds.

     

    MOLDOVA Romania has stood by the R of Moldova and will continue to do so, in order to increase its energy resilience and support it in its EU accession efforts, the Romanian foreign minister Emil Hurezeanu promised in Chişinău on Friday, during his first official visit in this capacity. He was received by president Maia Sandu and had meetings with his Moldovan counterpart Mihai Popşoi, and with the speaker of parliament Igor Grosu. Maia Sandu and Emil Hurezeanu discussed ways to strengthen economic ties between the two states and to encourage Romanian companies to invest in Moldova. Emphasis was also placed on improving transport infrastructure, including the construction of new bridges over the Prut and streamlining cross-border traffic. During his meetings in Chişinău, Emil Hurezeanu emphasised that Moldova’s citizens are not alone in facing the energy crisis and can count on the support of Romania and other partners. ‘The destabilising effects of the energy crisis have helped tighten our ties. We are happy that Romania has managed to cover over 60% of the citizens’ current energy demand, and the preparation of high-voltage lines is also underway. We have been and will remain by the side of the Republic of Moldova,’ Emil Hurezeanu concluded.

     

    THEFT The Romanian justice minister Radu Marinescu called on his Dutch counterpart David van Weel to carry on efforts in the case of the theft of Romania’s Dacian treasury items and offered the Dutch side all the necessary support. The two ministers had a bilateral meeting during an informal meeting of EU justice ministers hosted by Warsaw. So far, 3 persons have been detained in connection to the theft. A break-in occurred last weekend at Drents Museum during which a golden helmet and three gold Dacian bracelets were stolen, some of Romania’s most important national heritage items.

     

    FLU The number of respiratory infections is on the rise in Romania and the health ministry declared a state of epidemiological alert. Official data show that almost 134,000 patients were diagnosed with respiratory infection symptoms last week, including 11,000 flu cases. Eight people died from flu last week, taking the toll to 22 this season.

     

    JUSTICE The Romanian justice minister Radu Marinescu Friday took part in an informal meeting of EU justice ministers in Warsaw, where current issues were discussed, such as mutual cooperation in the field of ​​justice, the consequences of Russia’s war crimes in Ukraine and the future of justice. According to a news release issued by the Romanian justice ministry, Radu Marinescu stressed that Romania has offered war victims both support for access to justice, through professional bodies, and other forms of counseling, through Romanian NGOs and authorities. In a separate work session, Radu Marinescu welcomed the initiative of the Polish presidency to continue discussions dedicated to judicial cooperation, under the umbrella of the rule of law.

     

    SPORTS Romanian football champions FCSB (Bucharest) lost 2-0 on Thursday on home turf to the English team Manchester United, in Europa League’s 8th and final round. According to the draw in Nyon (Switzerland) on Friday, the Bucharest team will take on the Greek side PAOK Thessaloniki, coached by the Romanian Răzvan Lucescu, in Europa League’s play-offs for the round of 16. FCSB will play the first leg away from home on February 13, and the return leg in Bucharest on February 20. The winner will play in the round of 16 against Olympique Lyon. In tennis, Romania plays Bulgaria in Craiova on Friday and Saturday, in the Davis Cup World Group I play-offs. The winner moves up to World Group I, while the defeated team will play in World Group II. Romania and Bulgaria have met only once before in the Davis Cup, in 1988, when Romania won decisively with a score of 5-0. (AMP)

  • January 25, 2025

    January 25, 2025

    RATING The financial rating agency Standard & Poor’s confirmed Romania’s ‘BBB minus’ rating, but revised the outlook from “stable” to “negative”. The reasons are related to high fiscal and external risks, the agency reports. According to S&P, the fragmented and uncertain political environment, as well as all the substantial spending ahead of the elections, pushed the fiscal deficit to almost 8.7% of GDP, far above expectations. The Romanian finance minister Tánczos Barna says the change in the outlook from stable to negative indicates that measures are needed to reduce the budget deficit, and that the country needs a balanced public budget and a streamlined government structure. He also said that the government’s measures to reduce the deficit and consolidate economic growth must be implemented at an alert pace, in the form already agreed on with the EU.

     

    PROTESTS The government of Romania is completely willing to find solutions to protect people’s spending power while at the same time preserving macro-economic balance, the prime minister’s office chief said after talks with representatives of the employees who protested in front of the Government headquarters. On Friday, thousands of civil servants, reserve officers, police staff, miners, foresters, steelworkers, Bucharest Metro employees and pensioners took part in a rally to protest a government order that froze salary increases for many public sector personnel at the beginning of this year, and suspended the cost-of-living adjustment of public pensions. A reorganisation of central public institutions and state-owned companies was also announced these days. According to PM Marcel Ciolacu, restructuring the public sector is a priority for the current governing coalition comprising the Social Democratic Party, the National Liberal Party, and the Democratic Union of Ethnic Hungarians in Romania.

     

    UKRAINE The president of the Republic of Moldova, Maia Sandu, is meeting today in Kyiv with the president of Ukraine, Volodymyr Zelenskyy, with PM Denys Shmykhal and with the Parliament Speaker, Ruslan Stefanchuk. The main topics of the discussions are the connection of the infrastructure of the two states, trade, collaboration in the EU accession process, and regional security. An important topic on the agenda is the energy crisis caused by Russia, which has increased energy prices and left the citizens of Transnistria, a Russian-speaking breakaway region in the Republic of Moldova, without heat and electricity. The rest of Moldova is safe for the time being, thanks to electricity and gas imports from neighboring Romania.

     

    ELECTIONS The Liberals will convene on Sunday in a special National Council meeting to validate the former party president Crin Antonescu as the joint candidate of the ruling coalition in Romania. The Social Democrats scheduled a special congress on February 2 for the same purpose, and UDMR will make its decision at the beginning of next week. The first and second rounds of the presidential elections are scheduled for May 4 and 18. So far, the mayor of Bucharest, Nicuşor Dan, the independent candidate Călin Georgescu and the president of Save Romania Union, Elena Lasconi, have announced plans to run for president. The latter two were top placed in the presidential elections canceled last year. After the first election round on November 24 was validated, the Constitutional Court of Romania canceled the election as a whole on December 6, although voting in the second round had already begun abroad. The Court made its decision after the Supreme Defence Council published a report indicating foreign interference in the electoral process, but investigations have so far failed to confirm it. Tens of thousands of Romanians took to the streets to demand that the second round be resumed.

     

    HOLOCAUST The minister of culture Natalia Intotero will represent Romania, on Monday, at the ceremony commemorating the 80th anniversary of the liberation of the Auschwitz-Birkenau concentration camp in Poland. The event, held under the patronage of the president of Poland, marks the International Holocaust Remembrance Day declared by the United Nations, and brings together camp survivors, official delegations of states and international organisations. Romania’s participation in the ceremony on January 27 reflects its solid commitment to keeping alive the memory of the victims of the Holocaust, to fighting all forms of denial, distortion, or downplaying of this tragic moment, as well as to fighting anti-Semitism, xenophobia, radicalisation and hate speech, while at the same time promoting respect for fundamental human rights, both at national and international level, the Romanian culture ministry said.

     

    HOSTAGES Four Israeli female soldiers held hostage by Hamas since October 7, 2023, have reached Israel today. In exchange for them, Israel must release 200 Palestinians held in its prisons. This is the second prisoner exchange under the ceasefire that came into effect last Sunday between Israel and Hamas, after 15 months of war. In a first stage, which will last 6 weeks, 33 Israeli hostages are to be released in exchange for about 1,900 Palestinian prisoners. A Hamas attack on October 7, 2023 killed 1,210 Israelis, most of them civilians. Of the 251 people kidnapped, 91 are still in Gaza, 34 of whom are dead according to the Israeli army. In retaliation, Israel launched an offensive in the Gaza Strip, resulting in at least 47,000 casualties, most of them civilians, and a humanitarian disaster. (AMP)

  • January 24, 2024

    January 24, 2024

    CELEBRATION Military and religious ceremonies, performances and exhibitions took place on Friday in all the major cities in Romania, marking the Union of the Principalities. In Orthodox churches, special services were performed and bells were rung for a minute. 166 years ago, on January 24, 1859, Alexandru Ioan Cuza was elected ruler of Wallachia, after having been elected ruler of Moldavia on January 5. The political decision by the principalities to unite was the first stage in the creation of the modern Romanian state. Leading politicians sent messages on the Day of the Union of the Romanian Principalities. “January 24 is a moment of assessment and reflection on the legacy of our ancestors and on the responsibility we have to preserve and promote it,” president Klaus Iohannis emphasised. PM Marcel Ciolacu pointed out that the Union is an example of how an important political project undertaken in accordance with the will of the people can become reality. Romanians enjoy an extended weekend on this occasion, as Union Day has been declared a public holiday. Many have chosen to spend it in mountain resorts.

     

    PROTEST Railway workers, reserve officers, police staff, miners, foresters, steelworkers, Bucharest Metro employees and pensioners Friday took part in a protest rally in front of the Government headquarters. People are unhappy with the government order that froze salary increases for many public sector personnel at the beginning of this year, and because public pensions are no longer adjusted to the inflation rate. According to Radio Romania, a trade union delegation had talks with government officials, but without results. A reorganisation of central public institutions and state-owned companies was also announced these days. According to PM Marcel Ciolacu, restructuring the public sector is a priority for the current governing coalition comprising the Social Democratic Party, the National Liberal Party, and the Democratic Union of Ethnic Hungarians in Romania.

     

    DIPLOMACY The Romanian foreign minister Emil Hurezeanu will have a meeting with NATO’s secretary general Mark Rutte at the NATO headquarters in Brussels on Tuesday, January 28, reads a statement from the North Atlantic Alliance. On January 14, Emil Hurezeanu received the US Assistant Secretary of State for European and Eurasian Affairs, James O’Brien. According to a foreign ministry news release, on that occasion the Romanian official appreciated the US contribution to the security and defense of NATO’s Eastern Flank, as well as to the development of the strategic approach to the Black Sea region. The two officials also appreciated the bilateral relationship, highlighting ‘significant’ achievements such as Romania’s inclusion in the Visa Waiver program, the development of economic and energy sector cooperation, and coordinated Romania – US – EU action.

     

    ELECTIONS The Liberals will convene on Sunday in a special National Council meeting to validate the former party president Crin Antonescu as the joint candidate of the ruling coalition in Romania in the presidential elections in May. The Social Democrats scheduled a special congress on February 2 for the same purpose, and UDMR will make its decision at the beginning of next week. The first and second rounds of the presidential elections are scheduled for May 4 and 18. So far, the mayor of Bucharest, Nicuşor Dan, the independent candidate Călin Georgescu and the president of Save Romania Union, Elena Lasconi, have announced plans to run for president. The latter two were top placed in the presidential elections canceled last year. After the first election round on November 24 was validated, the Constitutional Court of Romania canceled the election as a whole on December 6, although voting in the second round had already begun abroad. The Court made its decision after the Supreme Defence Council published a report indicating foreign interference in the electoral process, but investigations have so far failed to confirm it. Tens of thousands of Romanians took to the streets to demand that the second round be resumed.

     

    CORRUPTION The mayor of the popular Romanian mountain resort of Sinaia, the Liberal Vlad Oprea, was placed under court supervision on Thursday, with bail set at over EUR 100,000, as part of a corruption-related investigation. Charges of abuse of office also entailed a ban on him holding the mayor position. According to prosecutors with the National Anticorruption Directorate, among other things, Vlad Oprea allegedly demanded and received almost EUR 240,000 in bribe from a businessman, in exchange for expediting the paperwork for the building of a hotel in the resort.

     

    EXPULSION The Romanian Embassy in Belgrade has asked for clarifications from the Serbian authorities as to why a Romanian national was expelled from the country. Other EU and third country citizens taking part in an NGO training workshop were also involved in the incident. The Romanian, a member of an organisation involved in social projects, was taken to a police station in Belgrade, along with other participants in the workshop. Without explanation, but citing national security reasons, they were ordered to leave Serbia within 24 hours, and banned from entering this country for one year. The Romanian national left the country safely. The expulsion of EU citizens from Serbia is unprecedented. (AMP)

  • January 20, 2025

    January 20, 2025

    HOSTAGES The next release of the Israeli hostages kidnapped by the Palestinian Hamas terrorists and transferred to the Gaza Strip will take place next Saturday, when four persons are to be freed – Radio Romania correspondent in Israel says. Three Israeli female hostages were released on Sunday after 15 months of captivity since the Hamas terrorist attack, which led to the war in Gaza. One of the hostages also has Romanian citizenship and another one is of Romanian descent. Authorities in Bucharest hail the release of the first round of hostages upon the ceasefire agreement in Gaza.

     

    FAIR Romania is being represented this week at the ”Green Week” exhibition in Berlin, the Agriculture Ministry in Bucharest says. Until January 26, the Romanian stand will be offering samples of Romanian natural food, such as cheese, meat, honey, dairy and bakery products, several types of brandy, wine and cold-pressed oil registered or under registration with European quality systems. Last year, the Green Week event in Berlin was visited by 300 thousand people.

     

    TRUMP The president-elect of the United States, Donald Trump, is to kick off today his second mandate at the White House, after being sworn in at the US Capitol. Trump is planning to issue dozens of executive actions – more than 100 just on day 1 – including some aimed at ramping up US energy production, tightening border security reeling in regulations and other top policy priorities. Trump pledges to build an anti-missile system to protect the USA as well as the declassification of the files on the assassinations of the former president John F. Kennedy, his brother, Robert Kennedy, and civil-rights activist, Martin Luther King. All the three murders sparked off conspiracy theories that have been around for more than five decades. Relaxed environment protection initiatives and stepped-up petroleum extraction are also among the measures pledged by the new administration.

     

    SESSION Romania’s government coalition has convened today to asses a series of opinion polls on people’s voting intentions for the upcoming presidential election. Social-Democrats and Liberals are to also meet this week for separate talks on the joint candidacy of the former PNL president, Crin Antonescu. The present coalition will also tackle today the budget draft this year, which they want to submit for Parliament approval in the first week of February, when the Parliament session is due to begin.

     

    WEATHER The weather is quite warm in most Romanian regions, with temperatures higher than the season’s average. Insignificant periods of flurries and drizzle are expected in some isolated areas in the country’s west, north-west and center. The highs of the day in Bucharest are way above the season’s average reaching up to 9 and 10 degrees Celsius. The noon reading in Bucharest was 7 degrees.

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  • January 16, 2025 UPDATE

    January 16, 2025 UPDATE

    GOVERNMENT In its session on Thursday, the government in Bucharest endorsed a decision on staging the presidential election in May this year as well as the election schedule. The first round is due on May 4 and the second on May 18. The Executive also approved rules for the unfolding of the election process bringing a series of amendments. The Romanians abroad will be able to vote for three days, but on a different schedule. Polling stations will be open between 7 and 21 hours, on Friday and Saturday, but on Sunday, in the countries west to Romania the ballot will end at 21 hours Romania’s time, so that it may not be influenced by exit polls. Authorities have also imposed stricter rules for the election campaign, mainly in the online area. Social network administrators promoting election messages, which do not abide by the law, will have to pay fines up to 5% of their turnout. We recall that the first round of the presidential election was cancelled through a Constitutional Court ruling, which based its decision on documents provided by the country’s Higher Defence Council (CSAT) invoking interferences from a so-called state entity. The second round was scheduled on December 8 when Romanians had to choose between the independent ultranationalist Calin Georgescu, accused of links with Russia, and the opposition USR leader, Elena Lasconi. The second and last mandate of the incumbent president Klaus Iohannis was supposed to end in December, but his term in office was extended until the election of a new president, which must be validated by the CCR.

     

    RUSSIA “Nikolai Patrushev, advisor to Russian President Vladimir Putin, uses the same aggressive propaganda and disinformation themes with which Moscow has intoxicated the world in recent years”, reads a statement by the Romanian Ministry of Foreign Affairs. The reaction comes after Patrushev said, in an interview in the Russian media, that both Ukraine, invaded by Moscow’s troops, and the neighbouring Republic of Moldova (ex-Soviet, predominantly Romanian-speaking) might cease to exist as independent states this year. The Romanian diplomacy stresses that these repetitive public statements cannot hide the reality: the fact that Russia is waging a war of aggression against Ukraine and that it is carrying out massive and systematic hybrid actions against the Republic of Moldova. The Romanian MFA reaffirms that Russia aims to create divisions in Europe.

     

    RATE In the first monetary policy meeting of the year, the Board of Directors of the National Bank maintained the monetary policy interest rate at the level of 6.5% per year, although the inflation rate increased in the last quarter of 2024. The Central Bank’s decision aims to ensure and maintain price stability in the medium term, in a way that contributes to the achievement of sustainable economic growth. The board of directors reiterates that, in the current context, the balanced mix of macroeconomic policies and the implementation of structural reforms, including the use of European funds to stimulate long-term growth, are essential for macroeconomic stability and strengthening the capacity of the Romanian economy to cope with adverse developments. According to experts, the NBR could relax the monetary policy in 2025, but probably only from the second half of the year, pending clearer perspectives on the evolution of inflation and fiscal measures. In 2024, the NBR reduced the reference interest rate twice, from 7 to 6.5%.

     

    TENNIS Romania’s tennis player Jaqueline Cristian for the first time qualified for the third round of a Grand Slam tournament in Melbourne on Thursday after a 7-5, 7-5 win against Lucia Bronzetti of Italy at the Australian Open. The 26-year-old Cristian, who is presently ranking 82nd in the WTA standings, won the match in two hours and four minutes. In the third round the Romanian will be up against Eva Lys of Germany, who outperformed Varvara Gracheva of France also on Thursday. In the women’s double, Romanian Irina Begu and Brazilian Ingrid Martins were defeated in the first round by Peyton Stearns of the USA and Luisa Stefani of Brazil 6-2, 7-6.

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  • December 30, 2024 UPDATE

    December 30, 2024 UPDATE

    GOVERNMENT On Monday, during its last meeting this year, the government of Romania passed an emergency order cutting down public sector spending in 2025. The bill agreed on by the leaders of the ruling coalition (comprising the Social Democratic Party, the National Liberal Party and the Democratic Union of Ethnic Hungarians in Romania) includes measures such as suspending public sector employment or freezing pensions and salaries of public sector employees at the 2024 level. In addition, overtime will no longer be paid and no bonuses or premiums will be granted. The government claims that these measures are aimed at reducing public spending by almost EUR 4 billion, i.e. 1% of GDP. To this end, the Cabinet has set up a department made up of experts working pro bono to increase the efficiency of the government’s work. The state budget law for next year will be passed by the government in January and sent to Parliament for endorsement in a special session.

     

    PROTESTS Penitentiary police Monday picketed the Government headquarters in Bucharest, protesting the measures to reduce public expenses. They claim they would lose up to 30% of their salaries because of the enforcement of the new provisions. Also on Monday, several trade union and employer organisations in Romania issued statements criticising the measures designed to cut expenditure in the public system. Trade unions in the education sector are against the salary freeze, while the largest trade union federation in public administration and social assistance, Columna, complains that the order had been drafted without social dialogue. The energy sector employers federation also cites the lack of consultations, criticising the introduction of a tax on special constructions. The Romalimenta Employers’ Federation warns that the food industry is receiving another blow with the cancellation of tax facilities benefitting employees in the sector. In turn, representatives of small and medium-sized enterprises say that lowering the tax threshold for SMEs and increasing the tax on dividend will have catastrophic effects for Romanian entrepreneurs. The American Chamber of Commerce in Romania also voiced concerns about the fiscal measures adopted by the Government, which, it believes, put the business environment in a difficult situation and further affect economic predictability and investor confidence.

     

    PRICE HIKES Romanians will be paying more for petrol and diesel as of January 1, due to a 6% rise in the fuel excises, according to a document released recently by the Finance Ministry. A litre of petrol will cost 3 Eurocents more, and diesel will have almost the same price. Excises on alcohol beverages will also grow by 4.4% as of January 1. Local taxes and duties will be adjusted to the inflation rate, but the decision in this respect is going to be made by city halls. The Bucharest General Council has decided to raise these taxes by 10.4%.

     

    UNEMPLOYMENT The unemployment rate in Romania was 3.28% at the end of November 2024, with the total number of unemployed people reaching 261,511, the National Employment Agency announced. At the end of October, the national unemployment rate was 3.20%. Unemployment in rural areas is almost 3 times higher than in cities. The 40-49 age bracket and men have the highest share among the unemployed. Middle school graduates account for 33.56% of the total registered number of unemployed people, while those with university degrees only account for 4.56%.

     

    BORDERS The Romanian Border Police is ready to join the Schengen area with land borders as of January 1, 2025, when border controls will be eliminated at 40 road, rail and port checkpoints. According to a statement issued by the Border Police General Inspectorate, as of next year travelling to and from other Schengen member states will be similar to a trip within the country. However, people who intend to travel to the territory of another Schengen state must have a valid travel document, namely a passport or identity card, because Romanian border police will carry out random checks, the statement also reads.

     

    DIPLOMACY Romania’s foreign ministry Sunday night said that on December 18 the Romanian ambassador to NATO conveyed Romania’s disapproval over the distribution of a geographic atlas comprising maps featuring the so-called, ‘greater Hungary’. “The atlas is of an inflammatory nature with respect to the strategic partnership between Romania and Hungary and their capacity as NATO allies. The foreign ministry in Bucharest reiterates the view it has consistently conveyed to the Hungarian authorities, that any provoking statement and gesture is not likely to help consolidate the partnership relations between Romania and Hungary. The shared history must remain a subject for historians to study,” Bucharest says. Dismantled at the end of World War I, the so-called ‘greater Hungary’ included territories occupied by Budapest, which today belong to Romania, Slovakia, Croatia and Slovenia. (AMP)

  • December 22, 2024 UPDATE

    December 22, 2024 UPDATE

    Consultations – The future prime minister of Romania could be announced immediately after the voting of the speakers of the two chambers of Parliament, President Klaus Iohannis said on Sunday after consultations with the parliamentary parties. The representatives of the pro-European coalition made up of PSD, PNL, UDMR and the national minorities met for consultations and informed the president Klaus Iohannis that the negotiations to find a solid governing equation are heading towards completion. According to Radio Romania, the future prime minister is likely to be the same leader of PSD, Marcel Ciolacu, because the party he leads mandated him to present two work scenarios to President Klaus Iohannis. The first is with PSD in the government and Prime Minister Marcel Ciolacu, and the second with the social democrats in opposition, but supporting in Parliament an executive made up of PNL-UDMR. The liberals did not have a proposal for the position of prime minister, but they supported the version presented by PSD. Separate consultations were held with the USR representatives while the sovereigntist parties – AUR, S.O.S. Romania and POT did not attend the consultations. Meanwhile, PSD, PNL, UDMR and the national minorities continue negotiations for the formation of a parliamentary majority and a government with full powers. Parliament scheduled for Monday the voting of the speakers of the two Chambers.

     

    Revolution – The President of the European Commission, Ursula von der Leyen, on Sunday sent, on the X network, a message on the occasion of the 35th anniversary of the Romanian Revolution. “35 years ago, Romanians stood up for the right to choose their own destiny. Many gave their lives so that their children could be free and live in democracy’, the EC president wrote on X. In Bucharest continue the events dedicated to the anti-communist Revolution of December 1989. 35 years ago was Victory Day, a day when the Revolution spread throughout the country. Dictator Nicolae Ceauşescu fled by helicopter from the roof of the Central Committee of the Communist Party, and people massively took to the streets and shouted “Freedom”. It was also the day after which the number of dead and wounded increased significantly. The heroes who fell in those days were also commemorated, on Sunday, at the Monument in front of the Concert Hall of the Romanian Radio Broadcasting Corporation. 11 people lost their lives to defend the Public Radio, which, 35 years ago, was hit by gunfire. The public radio was one of the most important objectives of communist propaganda, and the revolutionaries taking control of it was the first step towards victory. Romania was the only communist country in Europe where the regime change resulted in bloodshed. Captured and summarily tried, Ceausescu and his wife, Elena, were shot dead on December 25.

     

    Cyclone – The Romanian Foreign Ministry announced that nine Romanian citizens who were on the island of Mayotte following the passage of Cyclone Chido were evacuated on board an aircraft belonging to the French Air Force. The situation of the Romanian citizens came to the attention of the Consulate General of Romania in Paris a week ago, when the Cyclone hit the island, and permanent contact was maintained in order to identify a possibility for them to return to the country. The Foreign Ministry thanks the French authorities, the Ministry of Foreign Affairs in Paris, as well as the local authorities and the Prefecture of the Mayotte islands for the support and assistance given to Romanian citizens, in the difficult context caused by the extreme weather phenomena produced in the French overseas territory.

     

    Parliament – The plenum of the Romanian Chamber of Deputies voted, on Sunday, on the makeup of the specialized commissions, as well as the representation of the parties in the respective commissions, depending on the political configuration of the Chamber. Thus, PSD will lead seven permanent commissions, AUR – four, PNL – four, USR – three, UDMR – three, and S.O.S. Romania and POT a commission each. The national minorities will also have the leadership of two permanent commissions. On Saturday, the Senate and the Chamber of Deputies validated all the mandates of the new parliamentarians, after which they took the oath of allegiance. The negotiations regarding the formation of the new governing coalition have postponed the election of the speakers of the Senate and the Chamber, and, until a government formula is finalized, the Chamber of Deputies will be led on an interim basis by the social democrat Daniel Suciu, and the interim speaker of the Senate will be the liberal Mircea Abrudean. Also on Saturday, at the Senate and the Chamber of Deputies, the parliamentary groups of the political parties that entered Parliament were formed. 465 parliamentarians, 331 deputies and 134 senators will be active in the new Legislature. Seven parties have representatives in the two Chambers, four pro-European parties – PSD, PNL, USR, UDMR -, and three sovereigntist parties – AUR, S.O.S. Romania and POT. The 19 national minorities also have representatives in Parliament. (LS)

     

  • December 18, 2024

    December 18, 2024

    A roundup of local and international news.

     

    RATING – Fitch Ratings has revised the Outlook on Romania’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from Stable, meaning a further downgrade is possible, the rating agency said in a statement. According to Fitch, the assessment reflects the major risks Romania faces due to additional political tensions on the political scene after the cancellation of the presidential elections due to external interference, as well as the parliamentary elections that resulted in a more divided Parliament, with a rise in the far right and anti-EU parties, reflecting the increased polarization of Romanian society. The Fitch outlook, which measures a Government’s ability to fulfill its financial obligations, could lead to an increase in interest rates for the loans that the Government plans to take out from the foreign market.

     

    SUMMIT – Romanian President Klaus Iohannis is participating, today and Thursday, in Brussels, in the EU – Western Balkans Summit and the European Council meeting. On Thursday, the European Council agenda will include topics such as Ukraine, migration, the situation in the Middle East, the EU’s civil and military preparedness and response to crises, the EU’s role in the world and the enlargement of the Union, the Republic of Moldova, Georgia and issues related to freedom, security and justice.

     

    PARLIAMENT – A reception center for the newly elected senators and deputies is open as of today until Friday at the Parliament Palace in Bucharest. The new MPs are being guided, these days, through the formalities needed in order to take over their mandates. The new Parliament resulting from the legislative elections of December 1 was convened, on Friday, for its constituent session. In the meantime, the first clear results are emerging after almost a week and a half of negotiations between the parties that want to form the future Parliament majority. PSD, PNL, UDMR and the national minorities other than the Hungarian one have presented the main directions of a 4-year governing program. After tensions in recent days, it is not yet known whether the USR will also be part of the future government.

     

    COMMEMORATION – In Timişoara, events dedicated to the anti-communist Revolution of December ’89 continue today. Tuesday, the city in western Romania was a day of mourning in memory of those killed at the outbreak of the Revolution. After the bloody repression of the uprising on December 17, the large factories went on strike, and the workers gathered in the city center. On December 20, Timişoara became the first Romanian city free from communism  and from here the flame of the Revolution spread throughout the country, to culminate, on the 22nd, in Bucharest, with dictator Nicolae Ceauşescu and his wife, trying to escape.

     

    INVESTIGATION – The European Commission has launched an official investigation into TikTok, for Russia’s interference in the Romanian presidential elections. The EC is collecting data to determine whether the platform violated EU law. Among other things, the risks to civic discourse or paid political advertising and content are being investigated. On the other hand, the leadership of the US Senate Foreign Relations Committee condemned Russian interference and the role of TikTok, a Chinese-controlled platform, in destabilizing the democratic process in Romania.

  • December 14, 2024 UPDATE

    December 14, 2024 UPDATE

     

    NEGOTIATIONS In Bucharest, negotiations on a future coalition of the pro-European parties in Parliament have made progress with respect to the structure of the new government. The Social Democratic Party will control 7 ministries, the National Liberal Party 4, Save Romania Union 3, and the Democratic Union of Ethnic Hungarians in Romania 2, said the Social Democrats’ senior vice-president Sorin Grindeanu. It has not yet been decided which ministries will go to each party and the names of the new ministers. On the other hand, the Social Democrats and and the Democratic Union of Ethnic Hungarians plead for a single presidential candidate of the coalition. After the Constitutional Court cancelled the election for president, the future executive will have to decide by the end of the year on a new presidential election calendar, the UDMR believes. The pro-European parties elected in Parliament hope to come up with a cabinet by Christmas.

     

    EU FUNDING Romania collected EUR 1.9 billion in EU structural and cohesion funds in 2021-2027, and the overall absorption rate, 6.11%, is close to the EU average of 6.19%, the minister of investments and European projects, Adrian Câciu announced. The absorption rate for the structural and cohesion funds under centrally managed programmes is higher, namely 7.3%, Caciu said in a Facebook post. He emphasised that Romania is yet to to catch up on Regional Programmes, where the absorption rate is 3.2%, but he voiced confidence that the example set by the current coalition comprising the Social Democrats and the Liberals in terms of management and implementation of European funds, including decentralisation, will be followed by the new government, and the pace of EU fund absorption will be sustained, so as to replicate the success of the 2014-2020 period.

    PARLIAMENT On Monday the last week of work for the current legislature begins, with many bills still unfinished for Romanian Senators and Deputies. Until the new Parliament is convened, the Chamber of Deputies should adopt the new Forestry Code, which has been on the agenda for several months. The code is a benchmark in the National Recovery and Resilience Plan and a priority for the Government, which says the document must be adopted by the end of the year. The bill provides, among other things, for the seizing of vehicles carrying stolen wood, for green belts around major cities, for preemptive rights and reasonably priced quality materials for local furniture manufacturers, for video monitoring of forest roads, and bans clear-cutting in all protected areas. Meanwhile, the Senate is expected to vote on a bill punishing holders of multiple positions financed from the state budget and on another one limiting to two the number of terms in office for the heads of the secret services. The current MPs remain in office until December 20, when the first session of the new Parliament is scheduled, following the December 1 general elections.

     

    ECONOMY Romania’s trade deficit was EUR 5.5 billion higher in the first 10 months of the year than in the same period in 2023, according to data made public by the National Bank. More than half of this deficit is the result of growing imports of goods. The central bank also says that the total foreign debt went up over EUR 18 billion and exceeded EUR 186 billion. According to analysts, along with the very high budget deficit, these are the main problems of the Romanian economy, and they must be solved concurrently, which is very difficult. They believe that through a correct budget adjustment, expenses would be cut, and revenues could be raised by eliminating corruption and through a fair tax system.

     

    ANNIVERSARY Timişoara marks 35 years since the anti-communist Revolution of December 1989, which broke out in this city in western Romania. Under the motto “35 years of freedom”, events dedicated to the 1989 heroes and celebrating the three and a half decades since Timişoara became the first city free from communism in Romania will take place between December 15 and 20. The agenda includes, as every year, religious services, wreath-laying, exhibitions and film screenings. A concert entitled Requiem in Memoriam is scheduled on Sunday at the Banat Philharmonic, Monday will see the inauguration of the Freedom Portal, a light installation that reproduces sounds from the Revolution, followed by the traditional march “Heroes Never Die”. Tuesday will be a day of mourning, and the events on December 20 will end with a concert called “Rock for revolution”. (AMP)

  • December 14, 2024

    December 14, 2024

     

    NEGOTIATIONS In Bucharest, negotiations on a future coalition of the pro-European parties in Parliament have made progress with respect to the structure of the new government. The Social Democratic Party will control 7 ministries, the National Liberal Party 4, Save Romania Union 3, and the Democratic Union of Ethnic Hungarians in Romania 2, said the Social Democrats’ senior vice-president Sorin Grindeanu. It has not yet been decided which ministries will go to each party and the names of the new ministers. On the other hand, the Social Democrats and the Democratic Union of Ethnic Hungarians plead for a single presidential candidate of the coalition. After the Constitutional Court cancelled the election for president, the future executive will have to decide by the end of the year on a new presidential election calendar, the UDMR believes. The pro-European parties elected in Parliament hope to come up with a cabinet by Christmas.

     

    EU FUNDING Romania has collected EUR 1.9 billion in EU structural and cohesion funds in 2021-2027, and the overall absorption rate, 6.11%, is close to the EU average of 6.19%, the minister of investments and European projects, Adrian Câciu announced. The absorption rate for the structural and cohesion funds under centrally managed programmes is higher, namely 7.3%, Caciu said in a Facebook post. He emphasised that Romania is yet to catch up on Regional Programmes, where the absorption rate is 3.2%, but he voiced confidence that the example set by the current coalition comprising the Social Democrats and the Liberals in terms of management and implementation of European funds, including decentralisation, will be followed by the new government, and the pace of EU fund absorption will be sustained, so as to replicate the success of the 2014-2020 period.

     

    ECONOMY Romania’s trade deficit was EUR 5.5 billion higher in the first 10 months of the year than in the same period in 2023, according to data made public by the National Bank. More than half of this deficit is the result of growing imports of goods. The central bank also says that the total foreign debt went up over EUR 18 billion and exceeded EUR 186 billion. According to analysts, along with the very high budget deficit, these are the main problems of the Romanian economy, and they must be solved concurrently, which is very difficult. They believe that through a correct budget adjustment, expenses would be cut, and revenues could be raised by eliminating corruption and through a fair tax system.

     

    ANNIVERSARY Timişoara marks 35 years since the anti-communist Revolution of December 1989, which broke out in this city in western Romania. Under the motto “35 years of freedom”, events dedicated to the 1989 heroes and celebrating the three and a half decades since Timişoara became the first city free from communism in Romania will take place between December 15 and 20. The agenda includes, as every year, religious services, wreath-laying, exhibitions and film screenings. A concert entitled Requiem in Memoriam is scheduled on Sunday at the Banat Philharmonic, Monday will see the inauguration of the Freedom Portal, a light installation that reproduces sounds from the Revolution, followed by the traditional march “Heroes Never Die”. Tuesday will be a day of mourning, and the events on December 20 will end with a concert called “Rock for revolution”.

     

    IMPEACHMENT South Korea’s prime minister Han Duck-soo Saturday vowed to ensure a stable government after the National Assembly voted to impeach president Yoon Suk-yeol over his failed attempt to introduce martial law on December 3, AFP reports. Tens of thousands of protesters cheered outside the National Assembly building as the vote was announced. Citing difficulties in passing his budget, Yoon Suk-yeol stunned the country by imposing martial law overnight, but was forced to lift it 6 hours later under pressure from parliament and the street. Under investigation for mutiny, Yoon, 63, is banned from leaving the country, as are his former defence and interior ministers and the commander of the short-lived martial law. (AMP)

  • December 13, 2024 UPDATE

    December 13, 2024 UPDATE

    PLANES Three F-16 Fighting Falcons, Romania bought from Norway, touched down at Air Base 71 in Campia Turzii, north-western Romania on Friday. According to sources with the Romanian Defence Ministry, the three multi-role warplanes are going to join the 48th Fighting Squadron, which boasts a total of 15 similar aircraft. Romania will buy from Norway 32 F-16 jet fighters, which are expected to improve the country’s security capabilities and contribute to the defence of its airspace and even NATO’s airspace, the communiqué also says. Romania has recently signed the contract for buying the first 32 fifth-generation fighters F-35. The first F-35 fighters are to arrive in Romania in 2030.

     

    FOOTBALL Lots drawn in Zurich on Friday for the preliminaries of World Cup 2026  have placed Romania’s national football side in Group H, which also includes Austria, Bosnia-Herzegovina, Cyprus and San Marino. Romania’s champions, FCSB, drew 0-0 against Hoffenheim of Germany on Thursday in the 6th round of Europa League. The team from Bucharest ranks 10th in the group standings and holds good chances of advancing to the next phase. Two more rounds follow in Germany, with the final match scheduled at home against Manchester United of England.

     

    UKRAINE The Foreign Ministers of France, Germany, Italy, Poland, Spain and the United Kingdom met in Berlin on Thursday to reiterate support for Ukraine and its irreversible NATO track. The Ministers also promised Kyiv additional military support in the war against Russia as well as post-conflict security guarantees. At the end of the meeting, the Foreign Ministers joined the EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas, in signing the Berlin Declaration, given that the scenario of peace talks between Ukraine and Russia has become a possibility with Donald Trump’s return at the White House. Several member states, including the USA and Germany, have expressed reluctance towards the prospect of a swift accession to NATO for Ukraine. In the case of an agreement between Russia and Ukraine, Kyiv’s allies could deploy a peace-keeping corps to Ukraine, as a security guarantee.

     

    GOVERNMENT President Klaus Iohannis is expected to convene the new Parliament on December 20. Having won nearly two thirds of seats after the December 1 parliamentary election, pro-European parties and the group of national minorities have engaged in talks with a view to forming a coalition cabinet. Leaders of the Social-Democratic Party (PSD), the National Liberal Party (PNL), the Save Romania Union (USR) and the Democratic Union of Ethnic Hungarians (UDMR) have agreed that each party would control a number of ministries equal to their share in Parliament. The new cabinet will comprise 16 ministries. Three self-proclaimed sovereignist parties – the Alliance for the Unity of Romanians (AUR), SOS Romania and the Young People’s Party (POT) – will also be represented in the new Parliament. The new government will very likely be sworn in ahead of the Christmas holidays. For the time being, the pro-European coalition has agreed to designate a common candidate for the 2025 presidential election.

    (bill)

  • Steps towards a majority government and parliament

    Steps towards a majority government and parliament

    The pro-Europeans in the future Parliament have agreed to form a parliamentary majority and the government.

     

    On December 4, the PSD, PNL, USR, UDMR and the group of national minorities signed a document that was intended to be a pact for a pro-European and Euro-Atlantic coalition. This took place shortly after the parliamentary elections and the validation, by the Constitutional Court, of the first round of the presidential elections, and before what was supposed to be the second round, on December 8. The pact was aimed to block the access to the position of head of state to the independent candidate Călin Georgescu, a pro-Russian extremist and anti-West candidate, whose victory in the first round had stunned and worried Romania’s strategic partners. The  December 4th pact spoke about forming a coalition for stability and modernization, a commitment to development and reforms and the reaffirmation of Romania’s European and Euro-Atlantic path. In the end, the signatories called on citizens to vote, in the second round, in an informed and rational manner, to choose a pro-European, democratic and secure Romania and to reject isolation, extremism and populism.

     

    On December 6, the Constitutional Court of Romania (CCR) cancelled the presidential election, motivating that the entire election process was flawed, with Călin Georgescu being the beneficiary. Even though he seems to be out of the competition, the parties which would have supported him in the second round and which share, at least in part, his ideas, namely the AUR, SOS Romania and POT, are in Parliament, where they hold a third of the mandates. Against this background, PSD, PNL, USR, UDMR and national minorities other than the Hungarian one, renewed their commitments, prior to the CCR ruling.

     

    After further talks, the pro-European parties pledged to form a pro-European majority in Parliament and a pro-European government and to support a possible joint pro-European candidate in the presidential elections. In keeping with this commitment, the four parties and representatives of national minorities will work on a joint governing program, based on development and reforms and which will take into account the priorities of the Romanian citizens. The signatories have agreed that a concrete plan is needed to streamline and reduce public spending and red tape in public administration. They have also agreed to increase the current pace of investments and reforms under the National Recovery and Resilience Plan. The pro-European parties have also committed to increasing trust in institutions and the political class, to bring more transparency in public spending  and more respect for citizens.

     

    George Simion, the leader of AUR, the flagship party of the sovereigns’ bloc in Parliament, has criticized in harsh terms the pro-European parties, accusing them of clinging to power. The future Government will only be known after the new Parliament is sworn in, on December 21st. Its priorities will include  drawing up the next year’s budget and the establishment of the calendar for the presidential elections.

     

     

  • December 10, 2024

    December 10, 2024

    A roundup of local and international news.

     

     

    SCHENGEN – Austria will not oppose Romania and Bulgaria becoming full members of the Schengen European free movement area, Austrian Interior Minister Gerhard Karner said. Hungarian Prime Minister Viktor Orban, whose country holds the six-month presidency of the EU Council, said in turn that EU interior ministers will vote on December 12 in the Justice and Home Affairs Council on Hungary’s proposal to allow Romania and Bulgaria to join the Schengen area with land borders. Romania and Bulgaria received partial access to the Schengen area starting March 31, with the opening of air and sea borders. Land border checks, however, remained in force due to Austrian opposition, motivated by Vienna’s concerns about illegal migration. Romania could thus fully join the Schengen area 17 years after becoming a EU member.

     

    DEFICIT – Romania’s trade balance deficit in the first 10 months of 2024 was 27.211 billion euros, almost 4 billion euros (+17.2%) higher than the one recorded between January 1 and October 31, 2023, according to data published on Tuesday by the National Institute of Statistics (INS). During the aforementioned period, exports stood at 77.731 billion euros, down 1.2%, and imports stood at 104.943 billion euros, up 3%, compared to the same period in 2023. Important shares in the structure of exports and imports are held by the product groups: machinery and transport equipment and other manufactured products. On the other hand, Romania’s budget deficit for the first 11 months of this year reached 7.11% of the Gross Domestic Product (GDP), about 125.7 billion lei (the equivalent of over 25 billion euros). The Government’s deficit target for 2024 is 8.58% of the GDP, 152 billion lei, which, according to the specialized media in Bucharest, means that substantial spending is planned for December as well.

     

    MOLDOVA – The 15th meeting of the Moldova – European Union Parliamentary Association Committee is taking place today in Brussels. The current state of the country’s accession process will be analyzed and a final declaration will be adopted, which will include certain recommendations for the authorities in Chisinau. The Moldovan President, Maia Sandu, will also be in Brussels, to meet with the Presidents of the European Commission, the Council and the European Parliament, as well as with the NATO Secretary General, on topics related to the integration of the country’s economy into the European single market, reforming the judiciary, combating corruption and strengthening the rule of law.

     

    GOVERNMENT – The leaders of the pro-European parties in the Romanian Parliament, PSD, PNL, USR, UDMR and those of the national minorities, are meeting this week to discuss the new government make-up. The Social Democrats, who came first in the December 1 elections, would like the future government to be formed around them and to continue the projects started by the current PSD-PNL government. They want to maintain the pace of investments, increase purchasing power, support the Romanian private sector and reform the state. The Liberals say they have understood the need for change coming from the electorate and want the negotiations to start from a clear program of reforms for the benefit of citizens. The USR representatives want a government to be formed as soon as possible, while the UDMR calls for solidarity for a common vision for Romania. The negotiations between PSD, PNL, UDMR, USR and the national minorities to form a new government are taking place after these parties had signed, before the presidential elections were cancelled, a resolution for a pro-European majority in Parliament. They commit to reforms and support the country’s development and reject any collaboration with the political parties in the sovereignist (ultranationalist, populist) bloc formed by AUR, SOS Romania and POT.

     

    HANDBALL – The Romanian national team meets Poland today in its last match in the main Group I of the European Women’s Handball Championship – EHF EURO 2024, hosted by Austria, Hungary and Switzerland. The match is being played in Debrecen, Hungary. France and Hungary have already qualified for the semi-finals. Romania defeated Serbia and the Czech Republic in the first phase and lost to Montenegro, and in the main group it defeated Sweden and lost to Hungary. The 16th edition of the EHF EURO includes the participation of 24 teams, eight more than in previous editions. Romania has participated 14 times in the European Women’s Championship, obtaining only one medal, bronze, in 2010.