POLITICS
-The president of Hungary, Katalin Novak, will come on Wednesday to Bucharest on an official visit at the invitation of Romanian president Klaus Iohannis, the Hungarian press agency MTI reported.
– Prime Minister Nicolae Ciuca thanked France and Germany for supporting Romania’s bid to join the Schengen Area. At the Grand Matinal Digital event, organized by the French Chamber of Commerce and Industry (CCIFER) in Romania, the premier noted that “it seems that the two countries are Romania’s supporters” in this process.
-Regional cooperation between Romania and Poland, as well as the evolution of the war in Ukraine, were among the topics addressed on Monday by the Minister of National Defense, Vasile Dincu, and his Polish counterpart, Mariusz Blaszczak, according to a press release by the Ministry of National Defence (MApN).
ECONOMY
-Romania’s finance ministry on Monday raised RON530 million from banks selling government bonds maturing in 2034 and 2025, at annual average yields of 7.85% and 8.05%, respectively.
-Romania’s livestock exports in January-May 2022 dropped 16.8% y-o-y, to 182.8 million euros, National Institute of Statistics (INS) data showed.
COMPANIES & MARKET
-Bucharest ranked as the tenth most popular city in Europe to build a startup business, according to data compiled by fintech Paymentsense. In Romania, there were 402,428 startup businesses overall from 2015 to 2019, with a large number of startups in the software sector.
-The Romanian land market remained active in the first half of 2022, maintaining trends seen in the past couple of years which marked the best levels since 2007, according to a Colliers market report.
SOCIAL
-The number of foreign tourists to Romania in the first six months of 2022 is threefold the figure registered in the same period last year, Minister of Entrepreneurship and Tourism Daniel Cadariu told a press conference.
