A team of the International Monetary Fund, led by Jan Kees Martijn, the head of the mission for Romania, will be in Bucharest between September 25 and October 4, 2023, for the annual analysis of the Romanian economy based on Article IV, announced the international financial institution in a press release.Such consultations take place periodically with all IMF member states.The IMF team will discuss economic policies with the Romanian authorities in meetings with representatives of the Ministry of Finance, the National Bank of Romania, government agencies, according to the press release signed by Geoff Gottlieb, the regional representative of the IMF for Central, Eastern and South-Eastern Europe. At the same time, the experts of the international financial institution will meet with representatives of the private sector and non-governmental organizations, the source adds.At the end of the visit, it is expected that the IMF mission will organize a press conference.The consultations constitute a supervisory exercise that is mandatory for all member states. The purpose of consultations based on Article IV is to examine the financial and economic situation at the national level and formulate some general recommendations regarding monetary policies, financial and economic policies to be followed to ensure stability and a positive evolution at the level of the economy. Based on the preliminary findings of this mission, the team prepares a report which, once approved by the management, will be presented to the IMF Executive Committee for discussion and approval.
Romanian athlete Andrei Rareș Toader secured the gold medal in the men's shot put event at the European Athletics Indoor Championships in Apeldoorn on Sunday, March 9. Toader achieved a personal best and set a new national record with a throw of 21.27 meters, surpassing his previous record of 21.21 meters set in Ostrava just […]
Smartree HRTech, a leading provider of integrated payroll and human resources software solutions, announced the appointment of Nicoleta Mihaiu as its new CEO. Mihaiu’s expertise and vision “will strengthen the management team and further solidify Smartree’s position as a market leader in payroll and HR software solutions,” the company said. “I am honored to join […]
Supporters of far-right and pro-Russian politician Călin Georgescu became violent with police forces after his candidacy was invalidated by the Central Electoral Bureau, or BEC, on Sunday night, March 9. Some threw stones, firecrackers, and bottles at security forces, while others started fires and even flipped over a car of a local news station. Several gendarmes […]
The Apprentice, director Ali Abbasi's movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, premiered on Max on March 7. This role earned Stan his first-ever Oscar nomination this year. The film delves into the early years of Donald Trump’s career in the 1970s, focusing on his ambition to step out […]
Two people have lost their lives in the wildfires sweeping through multiple counties in Romania, the authorities announced. A 67-year-old woman in Maramureș county lost her life on March 7, while a 78-year-old man from Vâlcea county was found dead on March 9. In addition to the fatalities, two people have been injured, including a […]
The Sibiu-based company Con-A won, as the leader of an association, the tender for the construction of the RON 1.8 billion (EUR 360 million, VAT excluded) Craiova regional emergency hospital, Turnul Sfatului and Economedia.ro...
