Romania News

Romania News – Friday 23/09/2022


-On Thursday, Romania’s President Klaus Iohannis met with members of the Romanian community on the West Coast of the United States of America, in which context he stated that Romania is in a complicated situation due to the war in Ukraine, but that our country is doing well and the economy is growing, Agerpes reported.

-Romanian Minister of Foreign Affairs, Bogdan Aurescu, had, on Thursday, in New York, a meeting with his counterpart from the Maldives, Abdulla Shahid, former President of the UN General Assembly, and with Victoria Hallum, the Deputy Minister of Foreign Affairs of the Ministry of Foreign Affairs of the New Zeeland, in the context of participation in the UN General Assembly.

-Romanian Prime Minister Nicolae Ciuca hosted, on Thursday, at the Victoria Palace of Government, the Ministerial Meeting of the Energy ministers in the region, who were in Bucharest to participate in the Romanian International Gas Conference, where they discussed about strengthening cooperation for provision of energy resources.


-Romania is considering getting a loan of approximately EUR4 billion from the European Investment Bank (EIB) and the funds will be used as co-financing for projects carried out under the National Recovery and Resilience Plan (PNRR), Ziarul Financiar reported.

-The Ministry of Finance raised RON 423.1mn and EUR 120.6mn through an issue of government securities dedicated to retail investors (FIDELIS), with three different maturities, the Bucharest Stock Exchange announced.

-The American dollar exceeded the threshold of 5 Romanian lei. At the official rate of the National Bank of Romania, one US dollar is quoted at 5.0103 lei. Meanwhile, euro reached the value of 4.9412 lei, down slightly compared to Wednesday.


-Employers spent an average of 5,802 RON/employee per month in 2021, up 7.3% compared to 2020 National Institute of Statistics data show.

-Inflation and high costs, the lack of labor force availability, the lack of trained personnel for key-roles, problems appearing in the supply chain an the Ukraine war represent the biggest challenges for business leaders in Romania when they have to manage a hybrid work environment, according to an online study made by BusinessMark.

– The Romanian car market, was down 22.5% in August compared to the similar period in 2021, a market analysis by the Association of Automobile Makers and Importers (APIA) showed.


-A survey by recruiting platform BestJobs reveals that 53% of Gen Zers and 45% of Millennials prefer earning more money in order to maintain a comfortable, carefree lifestyle to enjoying more vacation days.