Prime minister Marcel Ciolacu reiterated on Tuesday the fact that he wants the USA to be Romania's main non-EU partner in the economic area as well, stressing that on the territory of our country it is possible to create a hub for companies which will lead to the further development of the country, but also to the reconstruction of Ukraine in the future.He answered this way, in a press conference in Washington, when asked about the discussions with the representatives of the Google company."I'm going to have a meeting with Google representatives. I said yesterday: I want the US to be Romania's main non-EU partner and I want it very clearly. As long as the US has deployed over 2,000 American soldiers and statemilitary logistics last generation on the territory of Romania, I believe that we can also create a hub for American companies in the economic area, which leads, naturally, to the development of Romania, but also, we see in the future, to the reconstruction of Ukraine", declared Marcel Ciolacu.The prime minister added that following the discussions he will have with the Google representatives, he expects the creation of a "Data Center in Romania"."I think we are the most entitled to have this. I think Microsoft has almost 5,000 employees in Romania, Google, about 500. Do we all know what a Data Center means on the territory of Romania? An extraordinary amount," he said.PM Ciolacu is currently on a working visit to the United States of America.The official delegation accompanying him includes the minister of economy, Radu Oprea, minister of defense, Angel Tilvar and minister of foreign affairs, Luminita Odobescu.
The government has reportedly been sued for failing to organize the election for Bucharest mayor within the legal deadline of 90 days from the vacancy of the post, according to Antena3.ro. The authors of the complaint are not disclosed, but the reformist...
Romania's isolationist party AUR consolidated its leading position in two polls carried out by Avangarde and CURS, although the scores and the advance versus the primary challenger – the Social Democratic Party (PSD) – differ significantly between the two estimates. The isolationists' leading position, still not challenging the combined score of the four parties in […]
Romania's public debt surged by RON 21.5 billion in May alone and by RON 70.7 billion year to date, reaching RON 1.035 billion (EUR 204.1 billion) or 57.8% of GDP at the end of May, according to data published by the Finance Ministry. Romania's public debt rose by RON 70.8 billion (EUR 14 billion) […]
The giant Procter & Gamble recently started a production line in Romania, at the Urlați factory in Prahova County, according to Revistaprogresiv.ro. The company will produce Lenor scented pearls here, one of the company's latest innovations in fabric care. Four years ago, the company inaugurated...
The CFA Romania Association's Macroeconomic Confidence Indicator increased by 2.3 points in August, to a still very modest level of 37.2 points, with both components (current conditions and expectations) in the recessionary side of the 0-100 point scale. The indicator bottomed out in July after the newly formed government pushed the first package of budgetary […]
The first package of budgetary measures legislated in July will have an impact of 3% of GDP on the next year's general government's budget, bringing it down to 6% of GDP, prime minister's adviser Ionut Dumitru, Raiffeisen Bank chief economist and former Fiscal Council head, told
