Romania News

Romania News – Friday 04/11/2022

POLITICS

-The leader of the Social Democratic Party (PSD), Marcel Ciolacu, said on Thursday, in the city of Targoviste, that he is “firmly convinced” that in 2024 a leftist president will be elected.

-President Klaus Iohannis on Thursday (Nov. 3) welcomed visiting French Defence Minister Sebastien Lecornu at the Cotroceni Presidential Palace.

-The government will support the re-approval in Parliament of the draft regarding the construction of small hydroelectric power plants in protected areas, as soon as the unclear elements deemed to be unconstitutional by the Constitutional Court will be corrected, Prime Minister Nicolae Ciuca stated on Thursday (Nov. 3), while adding that Romania needs energy, Agerpres reported.

ECONOMY

-The Romanian banking sector has values significantly above the European average in terms of solvency and liquidity, Deputy Director within the Financial Stability Department of the National Bank of Romania (BNR) Florian Neagu told a conference on Thursday (Nov. 3).

-The value of trade between Romania and Germany grew by 17.7% in the first nine months of this year, y-o-y, standing at 28.8 billion euros, according to the Romanian-German Chamber of Commerce and Industry.

-Job advertisements that also specify the salary range receive 40% more applications from job seekers, a statistical report by online recruitment platform BestJobs finds.

COMPANIES & MARKET

-Romania’s media market is expected to exceed the level of 640 million euros this year, increasing by 6% compared to the figures recorded in 2021, according to the estimates published on the occasion of the second edition of the DigiCon event.

-The number of companies that suspended their activity in the first nine months of 2022 was 10,910, up 19.92% y-o-y, National Trade Registry Office (ONRC) data showed.

-The first round of 5G auction in Romania is scheduled for Nov. 8, the National Communications Administration and Regulation Authority (ANCOM) announced.

SOCIAL

-On Thursday, 69,100 people, including 8,288 Ukrainian nationals, entered Romania through border points throughout the country, according to the General Inspectorate of the Border Police.

-Over 60% of Romanians evaluate themselves negatively in point of personal value for society and 8 out of 10 say they felt discriminated at least once in life, a study made by Novel Research and Izibiz reveals.