The minister of Foreign Affairs, Luminita Odobescu, will pay a working visit between June 20-21, 2024 to the United States of America, during which she will have bilateral political consultations with the US Secretary of State, Antony Blinken, informs the Foreign Ministry (MAE) in a press release.The head of Romanian diplomacy will also have meetings with representatives of the U.S. National Security Council, opinion leaders and American think-tanks.The minister of Foreign Affairs will participate in the opening of the Romania-U.S. Economic Forum, where, as a keynote speaker, she will emphasize the potential for the development of Romania-U.S. economic relations, including through bilateral cooperation in the field of energy and in the reconstruction efforts of Ukraine.Organized in the context of the 20th anniversary of Romania's accession to NATO, the visit will provide an opportunity to review the progress made in the bilateral relationship, in cooperation to strengthen Euro-Atlantic security, with an emphasis on the Black Sea region, as well as on identifying ways to further strengthen the Romania-U.S. Strategic Partnership.The dialogue at the level of heads of diplomacy will foreshadow the launch of the 9th session of the Romania-U.S. Strategic Dialogue, whose agenda includes the most important topics of cooperation between our countries. The discussions, which will be attended by dignitaries, representatives of relevant ministries, will focus on cooperation in security and defense, economic exchanges, energy security, interpersonal relations, but also cooperation in justice and internal affairs, with an emphasis on access of Romania in the Visa Waiver Program.
The three far-right nationalist parties in Romania's Parliament filed a request, drafted by the Party of Young People (POT), to initiate the procedures for the suspension from the post of president Klaus Iohannis. Six MPs more than required (one-third of the total number of lawmakers) signed the document, namely all the 161 MPs of POT, […]
A recent electoral survey conducted by Sociopol for Romania TV reveals that nationalist and far-right candidates are poised to dominate Romania’s presidential election this May. The poll suggests that radical candidates, including leading figure Călin Georgescu, will advance to the second round regardless of whether Georgescu is permitted to run. The results spotlight Georgescu, a […]
Chimcomplex, the largest industrial entrepreneurial company, controlled by Ştefan Vuza, requests reconsideration of the decision to cancel the state aid contract from the Ministry of Economy, signed at the end of 2023, and continuation of the dialogue to find viable solutions. "By winning a grant worth RON 195 million (for a RON 490 million resin […]
An International Monetary Fund (IMF) delegation will visit Bucharest from February 3 to 7 to discuss with Romania’s new government and the National Bank, according to an IMF press release quoted by Ziarul Financiar. Led by Joong Shik Kang, the mission will review recent economic and financial developments...
The average yield accepted by the Romanian Treasury in the latest auction for three-year bonds rose to 7.7% on January 15 from 7.04% one month earlier. The yield for five-year bonds increased to 7.75% from 7.22%, while the yield for 10-year bonds neared 8%. Separately, the Treasury is selling RON-denominated bonds to households with yields […]
Romania’s final energy consumption increased by 1.8% y/y to 46.0 TWh in the first eleven months of 2024, according to data published by the statistics office INS. Households’ consumption rose by 3.2% y/y to 10.7 TWh, while the companies’ consumption advanced by 1.5% y/y to 36.0 TWh. Public administration used 4.7% y/y less electricity for […]
