Romania News

Romania News – Tuesday 12/07/2022


-Romanian President Klaus Iohannis signed on Monday the decree recalling Luca Niculescu from the position of Ambassador Extraordinary and Plenipotentiary of Romania to the French Republic, the Principality of Andorra and the Principality of Monaco.

-The Minister of Foreign Affairs, Bogdan Aurescu, declared, on Tuesday, after the meeting with his Hungarian counterpart Peter Szijjarto, that Romania wants to build a real strategic partnership relationship with Hungary. Trade between Romania and Hungary increased by 22% last year, Digi 24 reported.


-Romania’s annual inflation rate surged to 15.05 percent in June from 14.49 percent in the prior month, and compared with market expectations of 15.1 percent. This was the highest reading since October 2003, as prices of food products rose the most since November 2003, National Institute of Statistics (INS) data showed.

-The average net salary in Romania stood at 3,928 lei (EUR795) in May 2022, 1% lower compared with April 2022, INS data showed.

-Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has gone up to 6.93% a year on Tuesday (July 12) from 6.87% on Monday (July 11), according to the National Bank of Romania.


-Swiss Capital, Banca Comerciala Romana and BT Capital Partners were the most active brokers on the Bucharest Stock Exchange in the first half of 2022, jointly accounting for 55.8% of total intermediations, according to calculations by Ziarul Financiar (ZF) daily based on stock market data.

-Bucharest-listed One United, one of the largest green developers of residential, mixed-use, and office real estate in Romania, recorded transactions worth RON362 million between July 2021 and July 2022, the first year since its stock market listing.


-Over 22,000 Ukrainians enter Romania on Monday, Agerpres reported on Tuesday.

-In May, 20,807 people died and 14,226 children were born in Romania according to official statistics.