Radio România Internațional

Tag: Minzatu

  • February 4, 2025 UPDATE 2

    February 4, 2025 UPDATE 2

    BUDGET In Bucharest, the draft law on the 2025 state budget and social security budget were discussed in Parliament’s specialist committees on Tuesday. On Wednesday, the Senate and the Chamber of Deputies will meet in a plenary session to review the two bills, and the final vote is scheduled for Thursday. The discussions and the vote in Parliament are predictable, as the MPs of the ruling coalition (PSD-PNL-UDMR) have a majority. The draft budget for this year, based on a 2.5% economic growth rate and a budget deficit of 7% of GDP, was passed by the Cabinet on Saturday. ‘It is a restrained budget, based on a prudent forecast. It is a balanced budget, and in addition to investments, we have enough funds to pay salaries and pensions,’ the finance minister Tanczos Barna said.

     

    ECONOMY Romania is ‘a politically and economically stable and safe country,’ oriented towards investment and reform, Prime Minister Marcel Ciolacu said on Tuesday at a meeting with World Bank officials in Bucharest. ‘Our country is a regional pillar of security and economic stability for Europe and for the Strategic Partnership with the US,’ the PM added. According to a news release issued by the government, Bucharest sees the WB as a partner for its goals and continues to rely on the funding and know-how provided by the group. During the meeting, the participants reviewed jointly-developed projects in the fields of healthcare and emergency management. The World Bank officials welcomed the Government’s reform plan and the attention paid to investments, noting that Romania is a strong and resilient partner. I am confident that together we will continue to implement the ongoing projects and expand the portfolio with new investments in energy, green transition, infrastructure and other areas with growth potential, WB executive director Eugene Rhuggenaath said. The institution’s representatives also appreciated the support offered by Romania to the neighboring Republic of Moldova and Ukraine, as well as its contribution to ensuring stability in the region.

     

    MEETING At a meeting on Tuesday with the European Commission executive vice-president in charge of social rights and skills, quality jobs and training, Roxana Mînzatu, President Klaus Iohannis emphasised the critical role of education in fighting disinformation and manipulation, as well as in strengthening the democratic resilience of European societies. According to a news release issued by the Presidency, the topics on the agenda included the social dimension of European Union policies, ways to increase the EU’s global competitiveness, the Union’s strategy with respect to preparedness and resilience in the face of challenges, EU approaches to education and the involvement of the Romanian education system in the European context. In turn, the EC executive vice-president presented the main priorities of the new Commission, including in the areas of employment, social rights and EU-funded educational programs in Romania, as well as preparedness for crisis situations. On Monday and Tuesday in Bucharest Roxana Mînzatu also had talks with PM Marcel Ciolacu, with the Senate Speaker Ilie Bolojan, and with the Chamber of Deputies Speaker, Ciprian Şerban, about key EU and national priorities, with an emphasis on education, the labor market, social cohesion and the management of European funds.

     

    CHURCH The Romanian Orthodox Church (the majority denomination in Romania) Tuesday celebrated 100 years since its promotion to the rank of Patriarchate. According to Patriarch Daniel, this anniversary is not only a celebration of the past, but also a call to gratitude towards our ancestors and a reflection on the role of our Church in the life of the Romanian people. The Romanian Patriarchate was, throughout its 100-year existence, an unquenchable torch of faith and national unity, he said. In turn, president Klaus Iohannis said the centennial of the Romanian Patriarchate is a moment of historic importance for the entire Romanian Orthodox Church and for believers in the country and in Romanian communities abroad.  According to experts, Specialists recall that the Romanian Patriarchate was born on February 4, 1925, in a historical context marked by the Great Union of 1918, which brought together all the historical Romanian provinces in a one nation state.

     

    MOLDOVA The European Union Tuesday allocated a new EUR 250 mln financial envelope to support the Republic of Moldova in 2025 in the face of Moscow’s ‘energy blackmail,’ after the halt in Russian gas supplies to the breakaway region of Transnistria, AFP reports. ‘Today we are taking an essential step to (…) help the Republic of Moldova regain control over its energy destiny,’ the EU Enlargement Commissioner Marta Kos, who is on an official visit to Chisinau, posted on a social network. In turn, the European Commission President Ursula von der Leyen denounced Moscow’s use of ‘energy to blackmail people’, promising to offer the former Soviet republic ‘full integration into the EU energy market, decoupling it from Russia ‘. After the war started in neighboring Ukraine, the Republic of Moldova says a ‘hybrid war’ is orchestrated by Russia, including the energy crisis, disinformation and electoral interference. Chisinau is facing a suspension of Gazprom supplies to Transnistria via Ukraine, after a transit agreement between Kiyv and Moscow came to an end. (AMP)

  • February 3, 2025 UPDATE 2

    February 3, 2025 UPDATE 2

    Defense – Europe must assume greater responsibility for its own defense in order to strengthen our strategic resilience, said President Klaus Iohannis, present, on Monday, in Brussels, at the informal meeting of EU leaders on defense issues. The discussions focused on military capabilities and the European defense industry. President Iohannis evoked, in this sense, the need for adequate financing seen not only as the allocation of more money, but also as the effective use of the already existing tools. Regarding defense, Romania’s president emphasized the need for complementarity between the European Union and NATO.

     

    EU funds – Attracting European funds for financing social projects for the benefit of the Romanian citizens, for protecting the rights and increasing the skills of Romanian workers are the topics tackled during Monday’s meeting between Prime Minister Marcel Ciolacu and Roxana Mînzatu, the executive vice-president of the European Commission, responsible for social rights, skills, quality jobs and training. Visiting Bucharest on Monday and Tuesday, in her first official visit in this capacity, Roxana Mînzatu emphasized the openness to support the Romanian administration in attracting as many European funds as possible. During the talks, the two officials also referred to the debate taking place at the European level regarding the Consolidation of EU emergency preparedness. In this context, the head of the Romanian government mentioned that Bucharest must be part of this debate, considering the contribution that Romanian specialists have in managing such situations, like fires and floods. On Tuesday, Roxana Mînzatu will meet with president Klaus Iohannis and will have talks with the speakers of the Senate and of the Chamber of Deputies, Ilie Bolojan, and Ciprian Şerban respectively.

     

    Meeting – The Romanian Interior Minister, Cătălin Predoiu, had an official meeting with his Bulgarian counterpart, Daniel Mitov, on the occasion of the official launching ceremony of the joint patrols at the Bulgarian-Turkish border together with the counterparts from Bulgaria, Hungary and representatives of the management of the Austrian Federal Ministry of the Interior. According to an Interior Ministry press release, published on Monday, they tackled the issue of the bilateral commitment to work together in addressing the challenges of cross-border crime, for the protection of the external borders of the EU and of the common one. The most important aspects of the Romanian-Bulgarian cooperation in the field of Internal Affairs were reviewed, with an emphasis on the latest developments recorded after the lifting of internal border controls on January 1, 2025. Cătălin Predoiu was decorated by the Bulgarian minister with the Badge of Honor “Value and Merit” of the Bulgarian Interior Ministry, for special merits in the development and consolidation of cooperation in the field of security and internal affairs. He is the first Romanian Interior Minister to receive this distinction.

     

    Budget – Romania’s 2025 budget bill will enter Parliament’s debate as of Tuesday, and the final vote is expected to take place by the end of the week. The vote is predictable as the parliamentarians of the ruling coalition (PSD-PNL-UDMR) have the majority. However, the document met with much criticism from the opposition parties, which submitted over 1,000 amendments. Adopted by the government at the end of last week, Romania’s budget bill for 2025 is based on an economic growth of 2.5%, an average inflation rate of 4.4% and a deficit of 7% of the GDP. According to the Finance Minister, Tanczos Barna, the budget focuses on investments, with record allocations of 150 billion lei (about 30 billion Euros).

     

    IMF – An International Monetary Fund mission is paying a visit to Bucharest, between February 3-7. The IMF team will meet with representatives of the new Romanian Government and the National Bank of Romania to analyze recent financial and economic developments and update macroeconomic perspectives. Currently, Romania does not have a financing agreement with the International Monetary Fund, but the financial institution annually evaluates the evolution of the Romanian economy, based on consultations on Article IV, which represents a mandatory surveillance exercise for all member states. The purpose of the consultations is to examine the financial and economic situation at the national level and formulate some general recommendations regarding monetary policies, financial and economic policies to be followed so as to ensure stability and a positive evolution of the economy.

     

    Investigation – The prosecutors from the Directorate for Fighting Organized Crime (DIICOT) carried out, on Monday, dozens of searches in Romania and Monaco, in a case involving fraud with particularly serious consequences, embezzlement, money laundering and tax evasion, related to what the press called the Nordis real estate business. The investigations targeted a number of about 70 suspects, natural and legal persons. Among the people interviewed are Laura Vicol, former head of the Legal Commission in the Chamber of Deputies, and Ioana Băsescu, the daughter of the former president of Romania, Traian Băsescu, who was called at the DIICOT headquarters to give explanations regarding her involvement as a notary in the Nordis business. Starting in 2018, three of the suspects allegedly initiated and set up an organized criminal group, which conceived and implemented a complex criminal mechanism, consisting, mainly, in the promotion and development of real estate projects under the cover of several commercial companies, followed by collecting money from clients, misleading buyers during the execution of pre-contracts and sale-purchase contracts. The leaders of the organized criminal group are said to have collected over 957,000,000 lei (over 195 million Euros) from customers as an advance payment within the framework of bilateral sale-purchase promises, respectively sales-purchase agreements. (LS)

     

  • February 3, 2025

    February 3, 2025

    A roundup of local and international news.

     

    DEFENSE – Europe must assume greater responsibility for its own defense in order to strengthen our strategic resilience, President Klaus Iohannis has said. The Romanian head of state is participating in an informal meeting of EU leaders on defense issues, held in Brussels today. The talks focus on military capabilities and the European defense industry. President Iohannis mentioned in this respect the need for adequate financing, regarded not only as an allocation of more money, but also as an efficient use of the instruments we already have. Regarding defense, the Romanian president emphasized the need for complementarity between the European Union and NATO. The meeting will also address issues regarding the importance of the transatlantic relationship and the Strategic Partnership between the EU and the US, the relationship between the EU and the United Kingdom, and the European Union’s defense partnerships. The debates also aim to identify basic principles needed for the development and adoption of a programmatic document related to the future of European defense – the ‘White Paper’, which is to be developed in the first part of 2025 by the European Commission.

     

    BUDGET – Romania’s 2025 draft budget is in Parliament, to be debated in an emergency procedure. The debates and the endorsement are given as sure, with the MPs of the PSD-PNL-UDMR coalition forming the majority. Passed by the Government at the end of last week, Romania’s 2025 draft budget is built on an economic growth rate of 2.5%, an average inflation rate of 4.4% and a deficit of 7% of GDP. According to the Minister of Finance, Tanczos Barna, the budget prioritizes investments, with record allocations of 150 billion lei (about 30 billion euros).

     

    EU – Attracting European funds to finance social projects for the Romanian citizens, protecting the rights and increasing the skills of workers in Romania are the topics of today’s meeting between Prime Minister Marcel Ciolacu and Roxana Mînzatu, Executive Vice-President of the European Commission, responsible for social rights, skills, quality jobs and training. Prezent in Bucharest on Monday and Tuesday, during her first official visit in this capacity, Roxana Mînzatu emphasized the openness to supporting the Romanian administration to attract as many European funds as possible. During the discussions, the two officials also referred to the debate taking place at European level on strengthening the EU’s emergency preparedness. In this context, Ciolacu said that Bucharest must be part of this debate, given the contribution that Romanian specialists have in managing such situations, such as fires and floods. On Tuesday, Roxana Mînzatu will meet with President Klaus Iohannis and will have talks with the President of the Senate, Ilie Bolojan, and the President of the Chamber of Deputies, Ciprian Şerban.

     

    IMF – An International Monetary Fund mission is in Bucharest from February 3rd to 7th. The IMF team will meet with representatives of the new Romanian Government and the National Bank of Romania to review recent financial and economic developments and update the macroeconomic outlook. Romania does not currently have a financing agreement with the International Monetary Fund, but the financial institution annually assesses the evolution of the Romanian economy, based on consultations on Article IV, mandatory for all member states. The purpose of the consultations is to examine the financial and economic situation at the national level and to formulate general recommendations regarding monetary, financial and economic policies to be followed, to ensure stability and positive developments in the economy.

     

    UNIONS – The unionists at the Bucharest metro are on a Japanese strike today, to warn passengers and decision-making staff about the situation the company is in. If their demands are not met, on February 10 they will launch other protest actions. The unionists are dissatisfied with the ordinance adopted by the government at the end of last year, which canceled their negotiated salary increases provided for in the Collective Bargaining Agreement signed at the beginning of December 2024, and also with the fact that the company is underfinanced.

     

    CRIME – Prosecutors with the Directorate for Combating Organized Crime and Terrorism are carrying out searches in Romania and Monaco today, in a fraud case that includes embezzlement, money laundering and tax evasion, related to what the press has called the Nordis real estate business. The investigations target around 70 suspects, individuals and legal entities. Starting in 2018, three of the suspects are said to have initiated and constituted an organized crime group, which orchestrated and implemented a complex crime mechanism, consisting mainly of promoting and developing real estate projects under the cover of several commercial companies, followed by collecting sums of money from clients, misleading buyers during the execution of pre-contracts and sale-purchase contracts. The result, prosecutors say, was the unlawful gain of sums of money as reimbursements or refunds from the state budget or compensations due to the general budget, causing damage to commercial companies, purchasing clients and the state budget. The leaders of the organized crime group allegedly collected from clients as advance payment under bilateral sales-purchase promises, respectively sales-purchase contracts, over 195 million euros.

     

     

  • November 12, 2024 UPDATE

    November 12, 2024 UPDATE

     

    VISIT Romania’s PM Marcel Ciolacu is on official visit to the UK on Tuesday and Wednesday, where he has meetings with the British Prime Minister Keir Starmer, the Speaker of the House of Commons, Sir Lindsay Hoyle, and the Lord Mayor of London, Alastair King. According to a Government press release, PM Marcel Ciolacu will also attend the Romania-UK Economic Forum, and will meet with members of the Romanian community. “The government is interested in consolidating the Strategic Partnership with the United Kingdom of Great Britain and Northern Ireland, in all fields of bilateral interest, responding to changing challenges and opportunities. The Romanian community in the UK is big, and fostering the rights of our compatriots is a key pillar of bilateral cooperation”, PM Marcel Ciolacu said. This is the first visit of a Romanian Prime Minister to the UK in 17 years.

     

    EC Roxana Mînzatu, nominated by Romania for European commissioner, said during her interview by the European Parliament’s specialist committees that Europeans will face many challenges in the coming years, and they need to be prepared for this, which is the first pillar of her programme. The second pillar, which she described as a key one, concerns quality jobs. The third element of her term in office is social justice. Roxana Mînzatu, nominated for executive vice-president of the EC for people, skills and preparedness, has been interviewed by the members of the Committee on Employment and Social Affairs and the Committee on Culture and Education. Roxana Mînzatu, 44, was a state secretary with the Ministry for European Funds in March-September 2015. In 2016-2020, she was a member of the Romanian Parliament, and in 2019 she also served as Minister for European Funds. In June this year she was also elected MEP, backed by the Social Democratic Party. Roxana Mînzatu has a Bachelor’s degree in political sciences and a Master’s degree in European integration.

     

    ELECTION Some 200 postal votes for the parliamentary and presidential election in Romania have already arrived from Romanians living abroad and will be counted together with the other votes, the chairman of the Permanent Election Authority (AEP), Toni Greblă, has said. 6,650 citizens have requested to vote by post and must send their options no later than two days before the start of the vote in the country. The first round of the presidential election is slated for November 24, the second round for December 8, while the parliamentary election will take place on December 1.

     

     

    INFLATION The annual inflation rate climbed from 4.62% in September to 4.67% in October, the National Statistics Institute reports. Food prices went up by 4.75%, while prices for non-food products also increased by 3.45%. Service prices also went up 7.66%. The National Bank of Romania has adjusted its inflation estimate for the end of 2024, from 4% previously to 4.9%. The Bank expects the inflation rate to go down to 3.5% at the end of 2025, according to a report made public by Governor Mugur Isărescu this Monday. On the other hand, Romania’s trade deficit went up 15% in the first 9 months of 2024, reaching some EUR 23.5 bln, the National Statistics Institute reports. Exports have exceeded EUR 69 bln, a 1.4% drop, while imports totaled nearly EUR 93 bln, accounting for a 2.3% increase.

     

    GOTECH WORLD Officials and representatives of the business sector took part in the opening of GoTech World 2024, an event hosted by Bucharest over November 12-13. This year’s edition of B2B Expo brings together over 120 experts from the sector and nearly 100 exhibitors. Organizers expect a turnover of some 15,000 guests. GoTech World (previously known as Internet & Mobile World) is the biggest conference and expo in Central and Eastern Europe, as well as a regional hub for digital economy, providing professionals in the region with access to B2B tech solutions, insights into various digital fields and networking opportunities. (VP, AMP)

  • November 6, 2024

    November 6, 2024

     

    US ELECTION The president of Romania Klaus Iohannis and PM Marcel Ciolacu today congratulated Donald Trump on his victory in the US presidential elections. “Romania is a strong and committed strategic ally of the USA. Through our joint efforts, we will bring peace and prosperity to our countries and beyond, defending our common interests,” the Romanian president wrote on a social network. The Republican Donald Trump claimed an “unprecedented mandate,” in a speech held at West Palm Beach, Florida, after Fox News called the election for Trump, the only US news outlet to do this so far. Although technically the vote count is not yet over, Donald Trump thanked the Americans for electing him. “We made history,” he said, and promised to help the country “heal.” Donald Trump’s running mate, JD Vance, said in his turn that “we have witnessed the greatest political comeback in US history.” His opponent, the Democrat Kamala Harris, has not yet addressed her supporters.

     

    SENATE The Republicans appear to have have gained control of the US Senate, previously held by the Democrats, with a majority of at least 51 seats out of 100, according to projections. The US Senate has 100 seats (2 for each US state) and 34 members are replaced following the vote organised concurrently with the November 5 presidential election. In the House of Representatives, neither party seems to have a decisive advantage, as the vote count in the 50 states continues today. The control of the two chambers of the US Congress is a major stake, as the room for maneuver of the country’s president depends largely on the laws they are able to get passed in the Senate and the House of Representatives. Both vote on federal laws, but the Senate also has important exclusive powers, especially in the appointment or removal of key government members or in the confirmation of federal magistrates.

     

    EUROPEAN COMMISSION The Social Democrat Roxana Mînzatu, Romania’s nomination for vice-president of the new European Commission, received a positive review from the specialist committees of the Romanian parliament. Next week, she will also be heard in the committees of the European Parliament. In addition to the position of vice-president, the Romanian commissioner will also serve as Commissioner for People, Skills and Preparedness.

     

    INVESTMENTS PM Marcel Ciolacu had a meeting with a delegation of Japanese investors on Tuesday in Bucharest. They expressed their interest in strengthening financial support for Romania in transport infrastructure, energy, digitisation and high techn projects. Previously, at a bilateral Energy Forum also held in the Romanian capital city, the energy ministry and the Japanese company Itochu Corporation signed a Memorandum of Understanding on a hydropower plant project in Cluj county (northwest Romania).

     

    VISIT The European Commissioner for Agriculture, Janusz Wojciechowski, is on an official visit to Bucharest, where he takes part today in the national conference of the Romanian Farmers’ Club. According to a press release issued by the European Commission, the commissioner is a special guest in the interactive EU-Romania Dialogue on the Future of Agriculture, where he talks about the prospects of European farming in the context of the current environmental and geo-political challenges and of the EU enlargement. At the same time, the European official is to address a plenary session on “Vision and action for the sustainable transformation of agriculture”. Among other things, Janusz Wojciechowski will thank Romanian farmers for their vital contribution to food security, in Europe and beyond.

     

    FLOODS Another person on the list of Romanian nationals missing following the recent floods in Spain has been found dead. The Romanian foreign ministry announced that, according to the information sent by the Spanish authorities, up to this moment 2 Romanian citizens are dead and 7 are still missing. The Romanian embassy in Madrid and the consular office in Castellón de la Plana are checking public information regarding the death of some Romanian citizens, but no official confirmations have been received so far. Meanwhile, the Spanish government has declared a state of natural disaster in the affected areas and has pledged to cover 100% of the urgent expenses of the affected municipalities. A first emergency plan worth over EUR 10 billion was adopted. (AMP)