POLITICS
-Romania’s premier Nicolae Ciuca, who is the national leader of the National Liberal Party (PNL), said on Tuesday evening after a meeting of the PNL leadership that higher subsidies for the energy and natural gas prices than those currently in force are not possible considering the budget allocated for them.
-The government will approve, in Wednesday’s meeting, a draft law on the financing contract for the Craiova Regional Emergency Hospital between Romania and the European Investment Bank (EIB), signed in Bucharest on April 6, 2022 and in Luxembourg on April 11, 2022.
– Minister of Agriculture Petre Daea said on Tuesday at a meeting held at the ministry’s headquarters with the representatives of the processors in the milling and bakery industry, that there is at present a sufficient amount of wheat on the market to cover the needs of the bakery industry and the quantities contracted for export.
ECONOMY
-Compared to June 2021, in June 2022 the retail turnover volume -the main barometer for private consumption- (excluding the trade with motor vehicles and motorcycles) increased both as gross series by 3.2% and as adjusted series according to the number of working days and to seasonality by 4.2%, National Institute of Statistics data showed.
COMPANIES & MARKET
-Romania’s housing market is heading toward record high deliveries in 2022 as well, amid rising prices of building materials and implicitly of apartments, as the gap between deals and deliveries continues to be extremely high, both in Bucharest and nationwide, analysis by real estate consulting firm Colliers revealed.
