POLITICS
-We are keeping the energy price for domestic consumers; 0.68 lei up to 100 Kwh, Prime Minister Nicolae Ciuca stated on Friday, according to Agerpres.
-Save Romania Union (USR) in a statement asks the leaders of the coalition government, Marcel Ciolacu and Nicolae Ciuca, to publicly present an assumed variant and explain to Romanians and companies what will happen to their energy bills from January 1, 2023.
-The Minister of Foreign Affairs, Bogdan Aurescu and a delegation of representatives of the Coalition for the Development of Romania (CDR), discussed on Thursday (Nov. 10) the way in which the business environment can collaborate with the Government of Romania in order to promote the objective of Romania’s accession to the Schengen area.
ECONOMY
-Romania’s annual inflation rate slowed to 15.32% in October, from 15.88% a month earlier and slightly below market expectation of 15.4%, the National Institute of Statistics (INS) data showed.
-More than 1,073 hectares of cropland in 37 counties plus the municipality of Bucharest (of a total of 41) were affected by drought as of Nov. 10, according to the Ministry of Agriculture and Rural Development.
-Romania’s finance ministry raised RON3 billion on Thursday (Nov 10) through two government paper auctions, at annual average yields of 8.83% and 8.74%, National Bank of Romania data showed.
COMPANIES & MARKET
-The Bucharest Stock Exchange’s operating revenues stood at RON24.5 million in the first nine months of 2022, up 33% y-o-y.
-Despite the challenging times, most of the companies (70%) participating in a survey conducted by online recruiting platform eJobs said they would offer Christmas bonuses to their employees this year, mainly extra sums of money.
-Buchaarest-listed OMV Petrom, the largest integrated energy company in Southern and Eastern Europe, is reportedly interested in Midia Natural Gas Development (MGD) project, the only new offshore gas exploitation in the Black Sea that is furthermore reportedly open to strategic investors, Profit.ro reported.
SOCIAL
-On Thursday (Nov. 10), a number of 70,108 people entered Romania through the border points throughout the country, of whom 7,545 were Ukrainian citizens, according to the General Inspectorate of the Border Police (IGPF).
