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11 March, 2019

A roundup of the main stories in Romania.

11 March, 2019
11 March, 2019

, 11.03.2019, 13:42

Budget bill. The two-chamber
Parliament in Bucharest will re-discuss the 2019 budget bill this week at the
request of president Klaus Iohannis. The government majority formed by the
Social Democratic Party and the Alliance of Liberals and Democrats say they
won’t make any changes to the bill because its current provisions ensure the
necessary resources in the important sectors of the economy. The opposition
say, however, that the budget cannot come into force in its current version,
which is one of stagnation and under-development. Once the bill returns to the
president, the latter is obliged to sign it into law. He sent the bill back to
Parliament after the Constitutional Court dismissed his objections regarding
the way the bill was drawn up. The government say Iohannis’ move is a political
gesture ahead of the presidential elections later this year.




EU. The EU
ministers for European affairs are meeting in Bucharest today and tomorrow as
part of the General Affairs Council to debate the multiannual financial
framework for 2021-2027 and the priorities guiding the Union’s activity in the
next five years. The meeting organised by Romania’s presidency of the Council
of the EU is attended by the first vice-president of the European Commission Frans Timmermans and the European
commissioner for budget and human resources Günther Oettinger. On the sidelines
of the meeting, Romania’s presidency of the Council of the EU is today
organising an informal meeting attended by representatives of the EU candidate
countries Albania, the Republic of North Macedonia, Montenegro, Serbia and
Turkey and of the European Commission.




Meetings. The
Romanian finance minister Eugen Teodorovici is today attending in Brussels a meeting in the format of the
enlarged Eurogroup and chairing the high-level talks on the macroeconomic
dialogue. The main topics on the agenda of talks include an information by the
European Commission on the main findings
of the 2nd enhanced surveillance mission to Greece, a
thematic discussion on growth and jobs, the housing markets and Latvia’s
updated draft budget plan. On Tuesday, the Romanian minister will chair the
third meeting of the Economic and Financial Affairs Council (ECOFIN), whose
agenda includes the general regime of excise duties and the taxation of digital
services.




Tennis. World no. 2 Simona Halep of Romania on Tuesday faces Marketa
Vondrousova of the Czech Republic in the round of last 16 of the tennis
tournament in Indian Wells, the US, worth more than 9 million dollars in prize
money. On Sunday, Halep defeated Ukraine’s Katerina Kozlova in straight sets.
In the men’s doubles, the Romanian-Dutch pair Horia Tecau and Jean-Julien Rojer
also reached the round of last 16 after defeating the Hungarian-Argentine pair Martons
Fucsovics and Guido Pella in straight sets. Today, they will be facing the pair
seeded 8th, Finland’s Henri Kontinen and Australia’s John
Peers.




Handball. The Romanian women’s handball champions
CSM Bucharest will be playing the French side Metz in the Champions League
quarterfinals. The first leg will take place in Bucharest between the 5th
and the 7th of April, and the return match a week later in France.
The Romanian media expect these to be difficult matches for CSM considering
that Metz are the winners of the Main Round Group 1, while the Romanian side
had a mediocre run, finishing fourth in Group 2. The Final4 matches will take
place in Budapest on the 11th and 12th of May. CSM
Bucharest won the Champions League trophy in 2016 at their first participation.

February 16, 2026 UPDATE
Newsflash Monday, 16 February 2026

February 16, 2026 UPDATE

Government. The bills on the public administration reform and the economic recovery package have been finalised and will be adopted by emergency...

February 16, 2026 UPDATE
Newsflash
Newsflash Monday, 16 February 2026

February 16, 2026

Government. The four-party coalition government in Bucharest intends to adopt this week, most likely on Thursday, the public administration reform...

February 16, 2026
February 15, 2026 UPDATE
Newsflash Sunday, 15 February 2026

February 15, 2026 UPDATE

PEACE Romania’s President, Nicusor Dan, has announced his intention to participate in the first proceedings of the Board of Peace in Washington...

February 15, 2026 UPDATE
Newsflash
Newsflash Sunday, 15 February 2026

February 15, 2026

RATING Fitch rating agency has affirmed Romania’s Long-Term Foreign-Currency Issuer Default Rating at BBB- with a negative outlook. According to...

February 15, 2026
Newsflash Saturday, 14 February 2026

February 14, 2026 UPDATE

Rating. Fitch Ratings on Friday affirmed Romania’s sovereign rating at ‘BBB-‘ with a Negative Outlook, the agency said in a...

February 14, 2026 UPDATE
Newsflash Saturday, 14 February 2026

February 14, 2026

Rating. Fitch Ratings on Friday affirmed Romania’s sovereign rating at ‘BBB-‘ with a Negative Outlook, the agency said in a...

February 14, 2026
Newsflash Friday, 13 February 2026

February 13, 2026 UPDATE

Romania’s economy is in technical recession, INS warns Romania’s economy grew by 0.6% in 2025, but was in technical recession at the end of the...

February 13, 2026 UPDATE
Newsflash Friday, 13 February 2026

February 13, 2026

Economy. Romania’s economy grew by 0.6% in 2025, but was in technical recession at the end of the year, after its GDP fell two quarters in a...

February 13, 2026

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