Romania News

Romania News – Monday 26/09/2022

POLITICS

-Prime Minister Nicolae Ciuca will begin a three-day visit to Japan on Monday, where he will attend the state funeral organized in honor of former Japanese Prime Minister Shinzo Abe.

-The Minister of Education, Sorin Cimpeanu, told Agerpres that the functioning conditions of schools will be ensured during the cold season and the Government will ensure the payment of price differences for any possible fluctuation in the cost of energy, adding that there is no justification for any “isolated initiatives” taken at the local level to reduce the temperature in the educational units.

-The Minister of Foreign Affairs, Bogdan Aurescu, had a meeting with his Bulgarian counterpart, Nikolay Milkov, on the sidelines of the UN General Assembly, in New York, and the discussions focused on issues on the European agenda, with an emphasis on the efforts of Romania and Bulgaria regarding the accession to the Schengen area.

ECONOMY

-The balance of non-government loans granted by credit institutions grew in August by 0.3% compared to the previous month (-0.3% in real terms), to 359.076 billion RON, according to the National Bank of Romania (BNR).

-Romania’s digital economy is likely to accelerate 3.5 times by 2030, to around EUR52 billion, from RON14.8 billion in 2021, with IT&C investments and e-commerce as the main growth drivers, the Digital Challengers on the Next Frontier report by McKinsey & Company showed.

COMPANIES & MARKET

-Online recruiting platform eJobs says September shapes up to be the month with the most applicants looking to work abroad.

-Franklin Templeton, the manager of investment fund Fondul Proprietatea has called shareholders for an Extraordinary General Meeting (EGM) and an Ordinary General Meeting (OGM) on November 15, a move approved by its Board of Nominees according to a report sent to the Bucharest Stock Exchange.

SOCIAL

-A number of 94,482 people, of whom 10,385 Ukrainian citizens, entered Romania on Saturday, according to the Border Police.