POLITICS
-The opening of a new border crossing point between Romania and Ukraine represents a significant event that confirms the relations and solidarity between the two countries, Prime Minister Nicolae Ciuca stated according to Agerpres.
-Social Democratic Party leader Marcel Ciolacu gave assurances that there will be no surprise change in the special pensions legislation and that a debate will be organized on the subject before a new act is issued, Agerpres reported.
-National Liberal Party (PNL) spokesperson Ionut Stroe said, in response to the social-democratic campaign, that the liberals understand “the Social Democratic Party (PSD)’s desire to distance itself from the effects of the global energy crisis”, but that it does not enter into any image game, according to Agerpres.
ECONOMY
-Romania comes 31st in a ranking of the 42 European countries in terms of purchasing power, with an average of EUR8,017/capita in 2022, representing 49% of the European average, a GfK survey reveals.
-Romania could register an economic growth of 4.5% this year and 2.3% in 2023, the head economist of Raiffeisen Bank, Ionut Dumitru told the 25th edition of the Romanian Banking Forum.
-Romania approved on Wednesday (Nov. 11) a decree to participates with 3.4 million euros annually in North Atlantic Alliance Innovation Fund, the government’s spokesperson Dan Carbunaru said.
COMPANIES & MARKET
-The rent prices for office spaces in Bucharest are among the lowest both regionally and continentally, which represents a major point of attraction for companies in the IT&C area, along with the available workforce and the level of salaries for experts in this sector, according to Cushman & Wakefield Echinox.
-The number of companies facing imminent insolvency fell by 10% in 2021 versus 2020, down to 5,971 firms, but grew by 7% compared to the level recorded in 2019, a survey by insolvency specialist CITR showed.
-In 2022, companies have increased the number of employees in HR (human resources) departments by 60%, internal data of EXEC-EDU, a company operating on the executive education market, showed.
SOCIAL
-As many as 61,088 people, including 7,538 Ukrainian citizens, entered Romania on Wednesday, (Nov. 9), according to the General Border Police Inspectorate (IGPF).
