TODAY’S NEWS
POLITICS
11:12 Romania’s minister of National Defense, Angel Tilvar, and the chief of the Defense Staff, general Daniel Petrescu, visited, on Friday (Jan. 6), the eastern Buzau and Focsani garrisons, where they met with military personnel working in the structures equipped with the High Mobility Artillery Rocket System (HIMARS), according to the Ministry of National Defense.
ECONOMY
10:19 One of the positive pieces of news at the end of 2022, with a relevant contribution for Romania’s macroeconomic and financial stability in 2023, is that the country’s international reserves touched a new record high in December 2022, exceeding EUR52.3 billion (an annual increase of almost 14%), according to Leonardo Badea, deputy governor and member of the Executive Board of Romania’s central bank, Ziarul Financiar reported.
10:12 Public administration sector’s financial assets dip 0.8% in Q3 2022, according to official statistics.
09:48 Romanians use 25.2% of their consumption expenditure to buy food and non-alcoholic beverages, the highest share in the European Union, Eurostat data showed.
COMPANIES & BUSINESS
09:27 The representatives of the Smart Energy Association claim that the Government could reduce the already capped price of natural gas by 30%, Radio Romania reported.
MORE NEWS FROM ROMANIA
TIMISOARA
11:14 The city of Timisoara in western Romania took over the title of European Capital of Culture in 2023, along with the cities of Elefsina (Greece) and Veszprém (Hungary), according to a press release from the European Commission.
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