TODAY’S NEWS
POLITICS
08:14 German chancellor Olaf Scholz is coming to Romania on Monday (April 3), Agerpres reported citing a press release from the German Embassy in Bucharest. The German head of state will meet Romania’s President Klaus Iohannis.
08:30 Swedish Prime Minister Ulf Kristersson stated on Friday (March 31) that his government’s position is that Romania meets the conditions for Schengen membership. The Swedish official’s statement was made during a joint press conference with his Romanian counterpart, Nicolae Ciuca, who is visiting Stockholm.
09:29 President Klaus Iohannis met on Friday in Bucharest with European Commission Executive Vice President for the European Green Deal Frans Timmermans. The two officials, discussed implementation of Green Deal and Romania’s Schengen admission, according to the Presidential Administration.
ECONOMY
09:18 Consumer loan reference index IRCC increased to 5.98%, from 5.71 previously, seeing an rise of 0.27 percentage points in the final quarter of 2022 compared to the third quarter of 2022, National Bank of Romania data showed.
09:22 In 2022, Romania ranked first in the European Union for sunflowers both in terms of production and cultivated area, with a total harvest of 2.079 million tons from 1.082 million hectares, the National Institute of Statistics (INS) data showed.
COMPANIES & MARKET
07:14 Romanian online retailer eMAG is developing a 100,000-120,000 square metre logistics hub near Budapest, Hungary – the largest of this type in Central and Eastern Europe (CEE). The new warehouse will span up to 120,000 sqm and will be developed following an investment of more than €100 million, according to the company.
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