16:15 Romania’s Minister of Foreign Affairs Bogdan Aurescu had a meeting on Friday with Deputy Prime Minister, Minister of Foreign Affairs of the Republic of Slovenia, Tanja Fajon. The two officials discussed Romania’s accession to Schengen Area according to the Ministry of Foreign Affairs (MAE).
15:45 Romania’s Minister of Economy Florin Spataru declared on Friday in Ploiesti that a working group will be set up together with the Education and Research Ministries, tasked with finding solutions to transfer research results to the economy, Agerpres reported.
12:01 Romania’s President Klaus Iohannis held a telephonic conversation on Thursday with his Bulgarian counterpart, Rumen Radev, with the discussion mainly focusing on the accession of the two countries to the Schengen Area and the ways to overcome the deadlock of last December’s Justice and Home Affairs Council, according to the Presidential Administration.
13:12 Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, rose to 7.28% on Friday (Jan. 20) from 7.27% on Thursday.
11:27 In 2021, among the EU member states, the lowest price level for the consumer goods and services included in household final consumption was reported by Romania (45% below the EU average), followed by Bulgaria (44% below the EU average) and Poland (40% below the EU average), National Institute of Statistics (INS) data showed.
COMPANIES & BUSINESS
10:19 Modern concepts that combine work with urban life and provide easy access to co-working, co-living, socializing and wellbeing spaces would bring more balance between the professional and personal life for almost 26% of respondents, less time spent in traffic (21%) and more with friends and family (12.6%), according to a survey run by Genesis Property in October 2022 on 1,031 employees from all over the country.
10:09 The Bucharest National Airport Company (CNAB), which administers the Henri Coanda (Otopeni) and the Aurel Vlaicu (Baneasa) airports in Bucharest, registered an 82.2% surge in traffic to 12,61 million passengers in 2022 versus 2021.
09:10 The year 2023 will be less dynamic in the Romanian M&A market, but it will still be a good year, according to Bogdan Vaduva, partner, deputy head of advisory at KPMG, Ziarul Financiar reported.
09:59 As many as 57,881 people, including 7,229 Ukrainian citizens, entered Romania on Thursday (Jan. 19) according to the General Border Police Inspectorate (IGPF).
|EUR 4.9255||GBP 5.6182|
|USD 4.5451||CHF 5.9445|
|BGN 2.5183||MDL 0.2398|
BNR INTEREST RATES
|16.37% (Dec. 2022) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET -0.12%, BET-TR -0.12%, BET-FI -0.56%, BET-NG -0.13%, BET-XT -0.19%,|
BETXT-TR -0.19%, BET-BK -0.11%, RO-TX -0.08%, BETAeRO -0.31%
CAPITAL MARKET COMMENTARY
|Bucharest stocks head into the weekend lower bucking the uptrend across Europe where major stock exchanges closed the final trading session of the week with modest gains, shrugging off previously registered losses induced by recession concerns, as investors carefully shifted their focus to the upcoming data scheduled for release next week.|
To get in touch with our editorial team, send a press release,
email us at: editorial [at] buildpress.com.ro
To advertise on our platforms, you can use this form,
email us at: advertise [at] buildpress.com.ro
or call us at: +40 314 228 321 (Monday-Friday 10:30 – 16:30)
Visit our other websites:
• www.traveltogreece.com.ro (Coming soon)