The National Bank of Romania (BNR) will fulfill its two mandates this year – price and financial stability, BNR Governor Mugur Isarescu said on Monday at a news conference where the bank’s report on financial stability was released, noting that in all likelihood the consumer price index will enter the...
The post BNR’s Isarescu: Consumer price index very likely to enter 2.5pct plus/minus 1pct fluctuation band appeared first on Nine O' Clock.
Romania will activate the European RESTORE mechanism for the first time to help rebuild areas hit by severe floods in Suceava and Neamț counties, minister of investments and European projects Dragoș Pîslaru announced. The mechanism, designed to provide rapid financial support in the aftermath of major natural disasters such as floods, fires, or storms, will […]
More than 680 houses in Suceava country and 170 houses in Neamţ county were impacted in the flash floods that hit northeastern Romania at the end of last week. Forty-one houses were completely destroyed, Raed Arafat, the head of the Department for Emergency Situations (DSU), announced on Friday, August 1. Three people were killed in […]
Romanian justice minister Radu Marinescu said on Thursday, July 31, that harsher penalties are being considered for violence against women and domestic violence, including the criminalization of femicide. The minister said that Romania currently has legislation that is fairly adequate, in line with European standards, for combating violence, including domestic violence. He also said that […]
Via Transilvanica, the long-distance trail that crosses the country, will apply to be the first accredited long-distance route in Romania after the government issued the methodological norms regulating the hiking trails of national interest. Tășuleasa Social, the non-profit that developed the trail, called the recently issued norms "a huge step that transforms a bold idea into...
Former prime minister and Social Democratic leader Marcel Ciolacu stated that he does not rule out a candidacy for the presidency of the Buzău County Council, after rumors to that end. PSD Buzău president Romeo Lungu had previously told journalists that discussions are underway for the former prime minister to run for the Buzău County […]
The Balneo-Physiotherapy Clinic in the Călimănești resort town, southern Romania, will undergo rehabilitation with a EUR 10 million financing from the European Union, according to representatives of the Vâlcea County Council. The project implementation period will be 24 months from the completion of the tender for the execution of the works, which include, in addition […]
