Prime Minister Nicolae Ciuca welcomed on Tuesday, at Victoria Palace of Government, the Ambassador of the French Republic in Bucharest, Laurence Auer, in the context of France holding for six months the Presidency of the Council of the European Union, reiterating during discussions Romania's commitment to advancing, in a consensual spirit, the European agenda.According to a Government press release, the topics of the meeting focused on the close and dynamic cooperation between the two sides in the context of advancing the European agenda and on the solid partnership and priorities at the level of the bilateral relationship. The security situation in the Eastern Neighborhood was also assessed."Prime Minister Nicolae-Ionel Ciuca reiterated Romania's commitment to advancing, in a consensual spirit, the European agenda and gave assurances regarding the active support of our country in fulfilling the ambitious objectives included in the work programme and the priorities of the French Presidency of the Council of the EU. He reiterated Romania's interest in a pragmatic outcome of the Conference on the Future of Europe, aimed at action and concrete recommendations," the release said.At the same time, the head of Government underlined the substantial character and the amplified potential of the bilateral cooperation on multiple levels, in line with the Romania-France Strategic Partnership and the Roadmap."He noted the rising and particularly encouraging level of Romanian-French trade. The Prime Minister noted the importance of a favorable decision to start talks on Romania's accession to the OECD and called for France's support in this regard," the release further shows. (Photo:gov.ro)
The Romanian branch of the Austrian major integrator of IT&C solutions Kontron (formerly S&T), Kontron Services Romania, has planned to trigger a collective dismissal process, as a result of which 84 employees out of a total of 258 people will lose their jobs starting on June 13, according to
The Macroeconomic Confidence Indicator compiled by the CFA Romania Society decreased in March by 1.4 points, to 59.4 points on a 0-100 scale, with the 50-point benchmark indicating a balanced state of economy and expectations (or a balanced combination). "Although, in the short term, due to the influx of public money, the confidence in the […]
Romania’s financial intermediation is the lowest in the European Union, but the banks’ financial soundness and profitability are above respective averages; therefore, the banks can boost corporate lending, argued Florin Georgescu, first vice-governor of the National Bank of Romania (BNR). He explained that the banks can manage potential adverse external developments and have enough capital […]
Romania’s government announced that the public deficit increased by 58% y/y to RON 35.9 billion (EUR 7.2 billion/USD 7.7 billion) in Q1, the equivalent of 2.06% of the GDP projected for the whole year. The gap was only 1.42% of GDP in the same period last year. The government seeks to bring the public deficit […]
Romania registered the third lowest employment rate in the EU in 2023, following Italy and Greece, according to recent Eurostat data. Only 69% of Romanians aged between 20 and 64 are employed, meaning nearly one-third of Romanians are not working. Certain factors influence these figures. Romania makes use of a category of special pensions applied […]
Authorities are looking into the case of a Romanian minor who was allegedly sold for RON 8,000 (EUR 1,600) and arrived in Germany with false documents. Romanian authorities were notified by those in Germany regarding the case, but investigations are still ongoing. The minor is currently in the care of the German state. The boy […]
