Romania News

Romania News – Friday 19/08/2022

POLITICS

-Defence Minister Vasile Dincu said on Friday that the Military Medical Corps of Romania have shown “altruism, devotion, spirit of sacrifice and professionalism.”

-Finance Minister Adrian Caciu declared at the government meeting on Thursday that the budget revision has mainly taken into account the financing of the economic and citizen support packages approved by the government this year.

ECONOMY

-The number of wage earners in Bucharest stood at 1,064,585 at the end of May 2022, as against 1,043,257 in late May 2021, National Institute of Statistics (INS) data showed.

-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, stayed put at 7.97% a year on Friday (August 19), National Bank of Romania (BNR) data showed.

-The Romanian leu further gained ground against the euro by midday Thursday (August 18). The BNR set the national currency’s reference rate versus the euro at 4.8793.

COMPANIES & MARKET

-The volume of Romanian construction works increased by 4.3%, in January-June 2022 y-o-y, INS data showed Thursday.

-Hungarian Low-cost airline Wizz Air has announced the opening of a new base, in the city of Suceava in north-eastern Romana, and the launch of five new routes from there to France, Belgium, Italy, Cyprus and The Netherlands.