Tag: Popa

  • Sports roundup

    Sports roundup


    Romanian athlete Gabriel Burtănete came fourth in the vault finals of the World Gymnastics Championships held in Liverpool. The Romanian lost the podium by a margin of two tenths but in the all round finals he qualified for he ranked only 23rd. The only Romanian female athlete to qualify for the individual all round, Ana Maria Barbosu, ranked 20th.


    The Romanian womens handball side lost their first game in the European Championships 28-29 to the Netherlands in Skopje, on Saturday. France had secured a 24-14 win against North Macedonia in the same group C. Two games are due on Monday when North Macedonia takes on the Netherlands while Romania will be up against France. The first three sides in the group will qualify for the competitions next stage.


    Romanias rugby selection secured a 30-23 win in a test-match against Chile in Bucharest on Saturday. Atila Septar, Marius Simionescu and Kamil Sobota scored tries for the Romanian side. Two were converted by Tudor Boldor and one by Vladut Popa. Boldor and Popa also converted three penalty shots. The match on Saturday was the first for the Romanian side in their autumn training campaign, which also includes home games against Uruguay on Sunday, November 13th, and Samoa six days later.


    Last weekend saw the matches counting towards the 17th leg of Romanias Football Superleague. On Friday FC Voluntari secured a one-nil win against Botosani while Farul Constanta on their own turf outperformed FC Mioveni 2-1. On Saturday, Sepsi Sfantu Gheorghe trounced FC Arges on the latters own turf, 5-0. Petrolul obtained a 2-1 home win against UTA Arad and Universitatea Craiova clinched a 1-0 home win against Universitatea Cluj. On Sunday in Medias, Chindia Târgovişte obtained 1-0 win against Hermannstadt, while on the National Arena in Bucharest, FCSB managed a 3-1 win against Rapid. Farul ranks first in the standings with 40 points followed by Rapid Bucharest.


    (bill)


  • Sports roundup

    Sports roundup


    Romanian athlete Gabriel Burtănete came fourth in the vault finals of the World Gymnastics Championships held in Liverpool. The Romanian lost the podium by a margin of two tenths but in the all round finals he qualified for he ranked only 23rd. The only Romanian female athlete to qualify for the individual all round, Ana Maria Barbosu, ranked 20th.


    The Romanian womens handball side lost their first game in the European Championships 28-29 to the Netherlands in Skopje, on Saturday. France had secured a 24-14 win against North Macedonia in the same group C. Two games are due on Monday when North Macedonia takes on the Netherlands while Romania will be up against France. The first three sides in the group will qualify for the competitions next stage.


    Romanias rugby selection secured a 30-23 win in a test-match against Chile in Bucharest on Saturday. Atila Septar, Marius Simionescu and Kamil Sobota scored tries for the Romanian side. Two were converted by Tudor Boldor and one by Vladut Popa. Boldor and Popa also converted three penalty shots. The match on Saturday was the first for the Romanian side in their autumn training campaign, which also includes home games against Uruguay on Sunday, November 13th, and Samoa six days later.


    Last weekend saw the matches counting towards the 17th leg of Romanias Football Superleague. On Friday FC Voluntari secured a one-nil win against Botosani while Farul Constanta on their own turf outperformed FC Mioveni 2-1. On Saturday, Sepsi Sfantu Gheorghe trounced FC Arges on the latters own turf, 5-0. Petrolul obtained a 2-1 home win against UTA Arad and Universitatea Craiova clinched a 1-0 home win against Universitatea Cluj. On Sunday in Medias, Chindia Târgovişte obtained 1-0 win against Hermannstadt, while on the National Arena in Bucharest, FCSB managed a 3-1 win against Rapid. Farul ranks first in the standings with 40 points followed by Rapid Bucharest.


    (bill)


  • New inflation forecasts

    New inflation forecasts


    The inflation presently affecting the entire world is seriously diminishing the already small incomes of the Romanians whose purchasing power lowers by the day. Experts estimate that a more difficult period is to come. Inflation shot up to 8.5% in Romania in February this year. However, the rise is relatively low as compared to the previous month and significantly lower than in other countries like the Baltic states for instance. Although in the Eurozone, the Baltic states have an inflation rate between 11% and 14%, while Poland and Bulgaria have already exceeded 9%.


    Together with Hungary and Belgium, Romania is at the middle of an EU ranking. In a post on OpiniiBNR.ro blog, the spokesman for Romanias Central Bank (BNR), Dan Suciu, said that Romania had the highest inflation rate in the EU last year. However, the Central Bank believes that inflation will exceed the previous midyear forecast of 11% due to price hikes in fuel, energy and cereals caused by the war in Ukraine, as Cristian Popa, member in the Central Banks board of directors explains.


    Cristian Popa: “On one hand we are seeing measures aimed at subsidizing and capping energy prices as they have a major impact on the inflation rate. These measures would lower the inflation rate, but after its publication, the war in Ukraine broke out and we are actually seeing higher prices in oil, gas and various issues in the production line. We are also seeing higher prices in cereals and they have a major impact on basic inflation. We must redo the arithmetic as we are actually witnessing an economic slowdown though the growth rate remains positive, and there is a certain pressure upward.”


    According to Cristian Popa, the Central Bank is fighting inflation but also the panic and unrest in this period full of uncertainties, adding that the bank has this situation, which isnt an easy one, under control.


    As for the interest rate, the BNR representative says it presently is at the level before the pandemic. BNR is expected to again raise the reference rate in an attempt to keep things under control. On the other hand, Romanias economic growth this year has been estimated around 2-2.5% as compared to 4% before the beginning of the conflict in Ukraine.


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