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11:15, 11.03.2024

Romanias trade deficit declines 15.5pct in January 2024

Romania's trade deficit declines 15.5pct in January 2024

Romania's FOB / CIF trade deficit in January 2024 was standing at EUR 1.958 billion euros, down EUR 359.0 million (-15.5%) from January 2023, according to data with the National Institute of Statistics (INS) released…




21:15, 22.02.2024

Govt okays de minimis aid scheme for SMEs in amount of 86.5 mln RON

Gov't okays de minimis aid scheme for SMEs in amount of 86.5 mln RON

The Government has okayed a de minimis aid scheme for SMEs in the amount of 86.5 million RON, with the purpose of financing the interest differences generated by the ROBOR increase, said the spokesperson for the…




14:35, 17.01.2024

Belgian customs seized record amount of cocaine as EU faces rise in drug-related violence

Belgian customs seized record amount of cocaine as EU faces rise in drug-related violence

Customs seized 116 tons of cocaine in the port of Antwerp in 2023, setting a record for the second year in a row, Belgian authorities said on Wednesday, according to AP News.  Demand for cocaine is growing rapidly…




11:00, 15.01.2024

Cows milk collected by processing plants in Romania, up 6.7pct in first 11 months of 2023 (INS)

Cow's milk collected by processing plants in Romania, up 6.7pct in first 11 months of 2023 (INS)

In the first 11 months of 2023, Romania's dairy processing plants collected 1.11 million tonnes of cow's milk, up 6.7% y-o-y, show data published on Monday by the National Institute of Statistics (INS).The production…




15:20, 04.01.2024

Nicolae Grigorescu leads the best-selling artists art auction list in 2023

Nicolae Grigorescu leads the best-selling artists' art auction list in 2023

The painter Nicolae Grigorescu is the leader in the list of best-selling artists at art auctions in Romania in 2023, with sales of almost 480,000 euros.In last year's list of the best-selling artists at auctions…




16:50, 19.12.2023

Ministry of Finance attracts 60 million RON from banks, in addition to Monday's auction

The Ministry of Finance attracted 60 million RON from banks, on Tuesday, in addition to Monday's auction, when it borrowed over 1.162 billion RON, at an interest rate of 6.45% per year, through a state bond issue…




18:45, 18.12.2023

Supreme Court asks for 10 bn RON, instead receives 2.8 bn for 2024 budget

The joint budget-finance parliamentary committees approved, on Monday, without amendments, the budget of the High Court of Cassation and Justice (Supreme court) for the year 2024.According to the draft budget sent…




13:25, 25.11.2023

Health minister: 35 ml doses of Covid vaccine delivered to Romania out of approximately 80 ml ordered

Romania received 35 million doses of COVID-19 vaccine out of approximately 80 million ordered, Health Minister Alexandru Rafila said in a statement on Saturday."Of the 35 million supplied, about 10 million have…




19:20, 29.09.2023

Ministry of Finance plans loans of 6.595 bln lei from banks, in October

The Ministry of Finance has planned for October 2023 loans from commercial banks in the amount of 5.8 billion RON, to which the sum of 795 million RON can be added through additional sessions of non-competitive…




19:05, 19.09.2023

Budget of campaign promoting Romania as tourist destination in France amounts to 111,000 euros (ministry)

Budget of campaign promoting Romania as tourist destination in France amounts to 111,000 euros (ministry)The budget of the campaign to promote Romania as a tourist destination in France is worth 563,569.20 RON…




17:10, 18.09.2023

Development minister hopes outstanding amounts to be covered at first budget revision

Development minister hopes outstanding amounts to be covered at first budget revisionMinister of Development, Public Works and Administration Adrian Vestea told a press conference held in Bistrita on Monday that…




13:10, 14.09.2023

PM Ciolacu: Amounts for paraclinical medical services, to be supplemented

PM Ciolacu: Amounts for paraclinical medical services, to be supplementedPrime Minister Marcel Ciolacu announced that a draft law will be adopted at Thursday's government meeting, which provides for the possibility…




14:15, 16.08.2023

TransMin Grindeanu on budget revision: I asked for 16 billion lei, an overwhelming proportion is for investment

TransMin Grindeanu on budget revision: I asked for 16 billion lei, an overwhelming proportion is for investmentThe Ministry of Transport has asked for RON 16 billion at the budget revision, of which an overwhelming…




13:50, 29.07.2023

Finance Ministry intends to borrow RON 5.245 billion in August from commercial banks

The Ministry of Finance planned, in August 2023, loans from commercial banks in the amount of RON 4.6 billion, to which the amount of RON 645 million can be added through additional sessions of non-competitive…




13:15, 30.05.2023

Raising retirement age will amount to a certain death sentence in the workplace, court clerks say

The National Union of the DICASTERIAL Judicial Registry announced on Tuesday that it will join the protests launched by the other categories of employees in the budgetary system and claims that the clerks have…




20:05, 26.04.2023

AgriMin: Calculation formula has changed for better, Romania won't receive smallest amount from EC

The calculation formula has changed for the better, and Romania will not receive the smallest amount of the 100 million euros announced by the European Commission, to support the countries most affected by grain…




16:21, 25.04.2023

Romanian exports to Republic of Moldova amount to 2.1 billion euros in 2022

Romania is one of the Republic of Moldova's most important trading partners, with a total volume of exports of goods and services of over 2.1 billion euros in 2022, an increase of about 61% compared to 2021 and…




10:00, 19.04.2023

Romania set to invest an all-time high of 20 ml euros in wool washing and processing program

Romania is set to invest the highest amount so far - 20 million euros - in a wool washing and processing program, and the Unirea Agri-food Trade House will buy the entire amount of wool from sheep farmers, Agriculture…




23:15, 18.04.2023

Daea: Romania shouldn't have received a penny from the European Commission under calculation algorithm

Romania was not supposed to get a single cent from the European Commission based on the calculation algorithm to support its farmers affected by grain imports from Ukraine, Agriculture Minister Petre Daea told…




22:00, 03.04.2023

European Commissioner Elisa Ferreira: Cohesion Policy plays an important role in making up for gaps

The European Commissioner for Cohesion and Reforms, Elisa Ferreira, declared, on Monday, in Iasi, that the cohesion programs of the European Union represent a joint investment through which funds are allocated…




12:45, 28.03.2023

Daraban (CCIR): Trade between Romania and Poland amounted to 10.94 billion euros in 2022

Commercial exchanges between Romania and Poland stood at 10.94 billion euros in 2022, and the number of Polish companies doing business in Romania reached 1,514, Chairman of the Chamber of Commerce and Industry…




19:10, 21.03.2023

AgriMin Daea: Amount allocated to Romania to support farmers is derisory;I requested revision of the calculation formula

The amount of 10 million EUR allocated to Romania to support farmers affected by the influx of grain from Ukraine is derisory and I asked Commissioner for Agriculture Janusz Wojciechowski to reanalyze the calculation…




17:11, 21.03.2023

StateSec Precup: Romania is sitting on a bag of money and it's up to us to build concrete projects

Romania is sitting on a bag of money, which can be transformed into concrete projects, taking into account that, this year, a record amount was allocated from the state budget for investments, namely 7pct of Romania's…




19:15, 25.01.2023

BNR's Radulescu: Special pensions amount to 0.85pct of GDP and we might get to 1.5pct in 2-3 years

Romania pays 0.85% of the GDP for special pensions, and in two to three years we may reach up to 1.5% of the GDP, Eugen Radulescu, head of the Financial Stability Directorate of the National Bank of Romania (BNR)…




12:11, 11.01.2023

98 pct increase in amount of 2022 PoS transactions (fintech)

The amount of PoS transactions performed in Romania through devices provided by international fintech myPOS was by 98 percent higher in 2022 compared to the previous year, according to company data released on…




14:20, 28.12.2022

Foreign trips amounting to expenses of over 16.6 million RON in 2022 by president Iohannis in 2022

President Klaus Iohannis made, this year, 21 foreign trips totaling expenses of over 16.6 million RON (about 3.387 million euros), according to a response from the Presidential Administration, to the request of…




13:45, 13.12.2022

Tip, to amount to maximum of 15 pct of consumption value, regulated by Chamber of Deputies

The Chamber of Deputies adopted, on Tuesday, as a decision-making body, the draft law regulating the tip, establishing that its level will be a maximum of 15 percent of the bill, it will be possible to pay it by…




10:50, 13.12.2022

Imports of cow milk increase by 7.7 pct in first ten months

The amount of cow milk collected by processing units registered a 1.4 percent decrease in the first ten months of 2022, compared to the same period in 2021, and at the same time the amount of imported raw milk…




09:50, 16.11.2022

PSD's Ciolacu: Pensions envelope to amount to 15 billion RON

Social Democratic Party (PSD) chair Marcel Ciolacu on Tuesday said that the ruling coalition reached an agreement on the budget envelope for pensions, which should account for at least 15 billion RON, told Agerpres.…




10:25, 03.11.2022

Government declares its pro-business position, hence largest investment allocation amount

The government declared its pro-business and pro-investment position from the beginning, allocated the largest amount from the budget for investments, approximately 18 billion euros and is doing everything humanly…