POLITICS
-Prime Minister Nicolae Ciuca met on Wednesday, at the headquarters of the European Union Executive in Brussels, with President of the European Commission Ursula Von der Leyen.
-Farmers pulled of the fruit of the land 9 million tons of wheat and over 2 million tons of sunflower, thus ensuring Romania’s consumption needs and a surplus for export, Minister of Agriculture and Rural Development Petre Daea stated on Wednesday at Indagra, the most famous agricultural event in Romania.
-Bucharest remains a safe environment for investors, Nicusor Dan the capital’s general mayor stated, after Fitch Ratings confirmed the rating of “BBB-” for the long-term rating of the Municipality of Bucharest, in foreign currency and national currency.
ECONOMY
-Bucharest came out second in a ranking of the most affordable apartments in European capital cities and first among the largest city in the country, according to Kiwi Finance Real Estate Index.
-Romanian agriculture has received over 20 billion euros since 2015, when the current payment cycle of European funds began, and in the first nine months of 2022, Romanian farmers’ accounts received 2.57 billion euros, Speaker of the Chamber of Deputies Marcel Ciolacu told Indagra.
-Romania’s Ministry of Defence (MApN) asked the Parliament to approve the purchase of two Airbus H215M military helicopters for the estimated price of EUR 150 mln, according to a request on the agenda of the permanent office of the Chamber of Deputies, G4media.ro reported.
COMPANIES & MARKET
-Romania has a very serious problem of credibility in front of the big investors, which it will hardly be able to solve, due to the repeated changes in the legislation, Daniela Daraban, executive director of the Federation of Associations of Energy Utility Companies (ACUE) told the Romanian Economic Forum on Tuesday (Oct. 25).
-The real estate and construction sector has attracted around 12 billion euros of foreign direct investments (FDI) in the last ten years, as the share of this economic activity in the overall FDI stock increased to a level of 17.4% at the end of 2021, compared with 9.2% in 2012, National Bank of Romania data analyzed by Cushman & Wakefield Echinox showed.
SOCIAL
About 70% of Romanian employees have had their mental health severely impacted by the pandemic and suffer from exhaustion, depression, or anxiety, according to a survey conducted by Mind Education.
