POLITICS
-Romanian President Klaus Iohannis on Tuesday will sign the condolence book opened in memory of Queen Elizabeth II at the residence of the ambassador of the United Kingdom of Great Britain and Northern Ireland to Romania, the Presidential Administration announced.
-Romania’s Defence Minister Vasile Dincu will be paying an official visit to Israel, September 13 – 16. Dincu’s schedule includes a bilateral meeting with his Israeli counterpart, according to the Romanian Defence Ministry (MApN).
-National leader of the Social Democratic Party (PSD) Marcel Ciolacu said on Monday that it would be “inhumane” for state pensions in Romania to increase by less than 10%.
ECONOMY
-National electricity consumption was lower by 4.9% (30.873 billion kWh), in the first seven months of the year, compared to the same period last year, according to the latest report of the National Energy Regulatory Authority (ANRE).
-Romania’s annual inflation rate jumped to 15.32% in August of 2022 from 14.96% in July. This was the fastest rise in consumer prices since April 2003, with food prices rising the most in two decades (18.22% vs 16.05%) in July.
-Romania’s finance ministry raised RON290.5 million on Monday (Sept 12) selling bonds maturing in April 2036, at an annual average yield of 8.4%.
COMPANIES & MARKET
-The Romanian state owns, through the Government of Romania, 216 companies, which employ around 83,000 people and generate approximately 7% of Romania’s GDP, according to Mihai Calin Precup, Secretary of State in the Ministry of Finance.
-The European Commission has approved, under EU State aid rules, a Romanian aid scheme worth EUR1.5 billion to partially compensate energy-intensive companies for higher electricity prices resulting from indirect emission costs under the EU Emission Trading System.
-The annualized demand for office spaces has officially returned to pre-Covid intensity, returning to 2019 levels, but many challenges still persist, according to a Colliers market report regarding the evolution of the real estate market in the first half of 2022.
SOCIAL
-As many as 82,350 people, including 9,663 Ukrainian nationals, down by 7.8% on a daily basis crossed Romania on Monday, September 12, 2022, the Border Police General Inspectorate (IGPF) reported on Tuesday.
