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Central Bank Sees Annual Inflation Declining In Early Months of 2020

Romania's central bank expects the annual inflation rate declining significantly in the early months of 2020 and staying in the upper half of the variation band of 1.5%-3.5% until the end of the forecast horizon.

Iohannis: Romania agrees with granting European funds depending on the rule of law

Romania agrees with the project on granting European funds for an EU state depending on the observance of the rule of law, Klaus Iohannis has said in Brussels on Friday. The president added that the specialists "have more work to do" for developing practical criteria.

Ara Shoes To Shut Down Romanian Factory in Salaj in April

German footwear manufacturer Ara Shoes is set to close its Romanian factory in Salaj county, in April and lay off some of its employees in Bihor county, sources told Ziarul Financiar.

De’Longhi Acquires New Production Plant in Romania

Italian household appliances manufacturing group De'Longhi on Friday announced the acquisition of a production plant in Romania in Madaras, Bihor county.

Klaus Iohannis announces he is proposing Ludovic Orban again for the position of prime minister

President Klaus Iohannis has announced, on Thursday evening, that he will nominate Ludovic Orban again for the position of prime minister.

Romania, Bulgaria Have Lowest Work from Home Rates in EU

Romania and Bulgaria had the fewest number of people working from home in 2018, of 0.4% and 0.3% respectively, compared with a European average of 5.2%, Eurostat data showed Thursday.

Kelemen: A new nomination of Orban as prime minister means the president wants early elections

A new nomination of Ludovic Orban as prime minister by president Klaus Iohannis means the head of state wants to direct things towards early elections, says Kelemen Hunor. UDMR does not support forming a majority around the Social-Democratic Party (PSD), nor a prime minister supported by PSD.

PNL is going to consultations with the same formula of ministers and Orban as prime minister-sources

PNL has decided to go to the Cotroceni consultations with the same formula of ministers, liberal sources have said on Thursday for MEDIAFAX. Ludovic Orban will be the Liberals' proposal to be nominated by President Klaus Iohannis, both in the first and at a possible second round of consultations.

MAE: 17 Romanians are aboard the cruise ship which is in quarantine in Japan

The Romanian Ministry of Foreign Affairs (MAE) has announced on Thursday that 17 Romanian citizens are aboard the cruise ship which is in quarantine in Japan.

Orban: A Parliament dominated by retrograde forces decided to dismiss the Cabinet. I lost one battle

Ludovic Orban has said on Wednesday, after the no-confidence motion, that the Government "stands still" and that the parliamentarians who voted the censorship motion are dominated by "retrograde forces". He claims he is proud of what he has been able to achieve in three months of ruling.

Revolut Tops 1 Million Users in Romania

British fintech Revolut has more than one million users in Romania after 400% growth in the second half of 2019, making Romania its biggest market after UK, it said in a statement Wednesday.

Barna,about the 25 decrees:It is a reaction of prevention for the significant risk the motion passes

Dan Barna has told MEDIAFAX on Wednesday that the 25 emergency decrees adopted by the Government are "a reaction to prevent the significant risk the motion passes". He has also said that many of the measures should have been adopted "a long time ago, to get out of the crisis".

Emergency decree for the organizing early parliamentary elections, adopted by the Government

The Government has adopted, on Tuesday evening, an emergency ordinance for organizing early parliamentary elections, providing, among other things, the possibility of voting in any section, regardless of the main residency, but also doubling the number of parliamentarians in diaspora.

Orban, about the decree for early elections:There is such a project.The situation must be regulated

Prime minister Ludovic Orban has said on Tuesday that the draft emergency decree for organizing early elections will regulate the situation in which early parliamentary elections are held, because in Romania there is no exact regulation.

The Government might adopt on Tuesday an emergency decree for early elections – sources

The Government might adopt an emergency decree for calling early elections, sources have said for MEDIAFAX. The Executive would make this decision because, in case of dismissal by a no-confidence vote, it could no longer issue an emergency decree, as it would have an interim status.

MJ: The draft law for SIIJ dissolution will be published on Tuesday. Later, it will be sent to CSM

On the website of the Ministry of Justice the draft Law for dissolution of the Section for the Investigation of Offences in the Justice System (SIIJ) will be published on Tuesday and afterwards the document will be submitted to the Superior Council of Magistracy (CSM), for the approval procedure.

Ludovic Orban: PNL will not support any other government, even if the president designates me again

Ludovic Orban has said on Monday that the PNL members of Parliament will not vote for another Government, not even if president Klaus Iohannis would designate him again as prime minister.

Teodor Melescanu: I have decided to retire from the position of Senate chairman

Teodor Meleşcanu has announced on Monday that he decided to retire from the position of Senate chairman, even though has not been published yet the decision of the Constitutional Court admitting the unconstitutionality of his election as the head of the Senate.

Orban, about coronavirus: We are adopting a decree for stocks. I have found nothing in the reserves

The Government will adopt a normative act on Tuesday for making the necessary stocks on all categories of materials in order to prevent the coronavirus, Ludovic Orban has announced. The prime minister has added that the PSD Government had not left the necessary money in the reserve fund.

Romania Forex Reserves Grow to EUR35.5B in January

Romania's foreign exchange reserves grew to EUR35.505 billion at the end of January from EUR32.926 billion at the end of December, central bank data showed Monday.

Klaus Iohannis meets European Council President Charles Michel on Friday

President Klaus Iohannis will have a meeting, in Brussels, on Friday with the President of the European Council, Charles Michel, with the agenda of talks to be dedicated to the negotiations on the European Union budget for 2021-2027 period, the Presidential Administration has announced.

MFA: Repatriation procedures are underway for four Romanian citizens from China

The Ministry of Foreign Affairs (MFA) has stated on Friday, at the request of MEDIAFAX, that procedures are currently underway for the repatriation of four Romanian citizens from the Chinese province of Hubei, in the context of the coronavirus epidemic.

Otopeni Airport announces measures against coronavirus: Disinfection of passenger flows

Every four hours, the passenger flow areas of the Otopeni airport will be disinfected and in the Arrivals terminal have been placed hand disinfection gel devices to prevent the spread of the virus from China.

Eurostat: Romania Had Highest In-Work Poverty Risk in EU in 2018

Romania was the EU country with the highest in-work at-risk-of-poverty rate in the European Union in 2018, with 15.3% of its employed population at risk, Eurostat data showed Friday.

Ion Ştefan: I went to DNA on my own initiative. I give up immunity, I am willing to be investigated

The minister of Development, Ion Ştefan, has told MEDIAFAX that he presented himself to the National Anticorruption Directorate (DNA) as a result of accusations launched at him on a television show, according to which he had illegally allocated money for the purchase of a library in Satu Mare.

Health Ministry: „Matei Balş” Institute is equipped with all the kits for diagnosing coronavirus

The National Institute of Infectious Diseases "Matei Balş" is equipped with all the necessary kits for the rapid diagnosis of coronavirus infections, in Romania no case of illness with this virus having been confirmed, the Health Ministry (HM) has announced on Thursday.

Judge Gîrbovan: The Romanian Government Accepts Erroneous Recommendations from the European Institutions Due to Its Submissive Attitude

Judge Dana Gîrbovan stated on January 24, 2020, in an interview for MEDIAFAX, that, from the level of the Romanian Government and the Ministry of Justice, are accepted “obvious” erroneous recommendations from the European institutions regarding the Section for Investigating Crimes within Judiciary (SIIJ), which have negative consequences for the judicial system.

The confidence motion against the Orban Government will be read in Parliament on Monday

The leader of the PNL deputies Florin Roman announced following the meeting of the Permanent parliamentary Offices that the reading of the motion in Parliament will take place on Monday at 14.00. He said that the whole timetable was not established, a proof of the PSD's lack of seriousness.

Bogdan Aurescu: We need to start talks with the UK for a future of cohesive relations

Foreign minister Bogdan Aurescu has said, on Wednesday, that the EU should hold talks with the United Kingdom on the future of cohesion relations, covering areas such as security, education and mobility. He stressed the need to respect the principle of full reciprocity and non-discrimination.

Iohannis: The lack of quality education becomes a threat to long-term development

President Klaus Iohannis has said, on Wednesday, at the conference "Educated Romania - public policies and coordination of funding sources", that the lack of quality education, accessible to all, is threatening Romania's long-term development.

MedLife Plans to Build Largest Private Medical Project in Romania

MedLife Medical System, the leading private healthcare provider in Romania, on Wednesday announced plans to develop the largest private medical project in Romania over a period of five years.

The Chamber of Deputies has adopted the draft law for special pensions elimination

Special pensions for several categories are to be eliminated, after the Chamber of Deputies adopted a draft law on Tuesday in this regard. The categories include parliamentarians, magistrates and civil servants with special status, except the military and police personnel.

Orban, about the magistrates’ complaints: We are ready to correct any decision of CCR

Prime minister Ludovic Orban has said on Tuesday he listened to the magistrates and clerks' concerns regarding special pensions, but a broader process is needed to resolve the issues. He has said any law can be challenged at the Constitutional Court and PNL was prepared to "correct" the decisions.

Dacia Sells Over 55,000 Vehicles in Romania in 2019

Romanian carmaker Dacia, owned by France's Renault, sold 55,463 vehicles in Romania in 2019, slightly higher compared with 54,593 vehicles in 2018, it said in a press release Friday.

Pillar II Pension Funds Post Average Yield of 11.8% in 2019

Mandatory private pension funds in Romania (Pillar II) had an average yield of 11.8% in 2019, the highest in the past nine years, the Romanian association for private pensions APAPR said in a statement Thursday.

Constanta Casino Rehabilitation Works Set to Begin after Several Failed Auctions

Constanta Mayor Decebal Fagadau announced in press conference held at the defunct Constanta Casino that the city hall will hand over the historical monument to the National Investments Company (CNI) and a constructor for rehabilitation works, after years of failed auctions for the objective.

Romanian Foreign Minister: New Iran Nuclear Deal Needed

Romanian Foreign Affairs Minister Bogdan Aurescu stated on Wednesday that a new nuclear deal between the West and Tehran is needed in case the current treaty will not be maintained or overhauled, which should also include aspects of ballistic control.

Two Dead, Twenty Wounded after Shuttle Overturns in Constanta County

Two people died and twenty were wounded in Constanta county on Wednesday, after their shuttle overturned on a national road..Other 20 indiviy, after their shuttle overturned on a national road.

Health Minister Appoints Interim Medicines Agency Chief

Romanian Health Minister Victor Costache appointed Dr. Roxana Stroe as the new interim head of the National Agency for Medicines and Medical Devices of Romania (ANMDMR), until a new full-time chief will be appoint by contest.

Supreme Court Postpones Ruling for Liviu Dragnea’s Appeal in Cassation

Magistrates from Romania’s Supreme Court decided on Tuesday to postpone for January 21 a ruling concerning an appeal in cassation filed by former Social Democratic Party (PSD) Chairman Liviu Dragnea, against a prison sentence for corruption he is currently serving.