Romania News

Romania News – Friday 30/09/2022

POLITICS

-The leadership of the Ministry of Education will be temporarily taken over by Research Minister Sebastian Burduja, after Education Minister Sorin Cimpeanu announced his resignation,

-Prime Minister Nicolae Ciuca announced that he will participate, on Saturday, in Sofia, at the inauguration of the gas interconnector between Bulgaria and Greece, Agerpres reported.

-The Minister of Investments and European Projects, Marcel Bolos, expressed his hope that the Health Operational Program, with more than 370 million euros to be allocated for medical prevention in Romania, will be approved soon by the European Commission.

ECONOMY

-The US dollar depreciated slightly against the Romanian leu on Thursday (Sept 29), for the first time in the past week, as the National Bank of Romania’s average reference rate stood at 5.1027 lei to the greenback.

-Romanians’ spending habits have not changed a lot since before the Covid-19, and expenses are uniformly spread across the week, with slight differences between working days and weekend days, according to a report of Mastercard Economics Institute.

COMPANIES & MARKET

-International Finance Corporation (IFC), a member of the World Bank Group, ramped up support for Romanian companies with a record investment of $458 million between July 2021 and June 2022.

-Banks have seen the highest growth in customer satisfaction scores this year and have become the leader in terms of customer satisfaction and experience in Romania, outranking grocery retail, which was last year’s leading industry, the second edition of The McKinsey Customer Experience Romania Survey reveals.

-The auto liability insurance policies (RCA) market stood at RON4.25 billion in the first half of 2022, up 89% y-o-y, a record high compared to the first half of the last five years, Ziarul Financiar reported.

SOCIAL

Almost a quarter of Romanians say that mental wellbeing has worsened in the past year, according to new research from the Adecco Group.

JUSTICE

-The National Anticorruption Directorate (DNA) prosecutors, in collaboration with the US authorities, conducted searches on Thursday, in several places around Romania, in a corruption case, the DNA informed on Friday. Judicial sources told Agerpres that, the Military Base in Mihail Kogalniceanu was also among the places targeted by the searches.