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April 17, 2024

NEWSFLASH

MEETING Romania’s president, Klaus Iohannis is participating today and tomorrow in the special proceedings of the European Council in Brussels. According to the presidential administration in Bucharest, high on the meeting agenda there are topics such as prospects for a new European pact for competitiveness and the EU’s relation with Turkey. European leaders are also expected to tackle the latest developments in the war in Ukraine, the situation in the Middle East and the EU’s future strategic agenda. The Romanian president will also attend the reception offered by the Belgian king Philippe in honour of the EU heads of state and government.

 

VISIT The Romanian Prime Minister Marcel Ciolacu and six of his cabinet ministers are today continuing their visit in Qatar, a major trade partner of Romania’s in the Gulf region. On Wednesday in Doha, the Romanian Prime Minister was received by the Prime Minister and Foreign Minister of Qatar, Sheik Mohammed bin Abdulrahman bin Jassim Al Thani. High on the Romanian Prime Minister’s agenda are talks with the local officials on major investment projects in Romania as well as the consolidation of cooperation in key fields such as new technologies or energy. According to Radio Romania’s correspondent, several bilateral documents are expected to be signed during the visit. From Qatar, the Romanian delegation will travel to the United Arab Emirates.

 

TALKS The United States is working with Romania regarding the security risks that appeared in the context of the war in Ukraine, said James O’Brien, Assistant Secretary of the Bureau of European and Eurasian Affairs. The US official held talks in Bucharest with the Romanian Minister of Defence, Angel Tilvar, during which he appreciated the cooperation between Romania and Ukraine, which it described as ‘essential for the Ukrainian people’. According to him, the cooperation between Washington and Bucharest is focusing on the cyber and hybrid threats and also air, maritime and land surveillance in an attempt to detect and stop the Russian drones that may enter Romania’s territory. In turns, Angel Tilvar has highlighted the need of consolidating NATO’s presence on the entire Eastern Flank. James O’Brien is presently on a European tour, which will also take him to Bulgaria, Switzerland and Slovenia.

 

RATE March was the third month in a row in which Romania had the highest inflation rate in the European Union, 6.7%. According to Eurostat, this rate dropped to 2.6% in the bloc. The member countries with the lowest inflation rates were Lithuania, 0.4%, Finland 0.6% and Denmark, 0.8%. In another development, the IMF has revised down from 3.8% to 2.8% its forecast on Romania’s economic growth this year. As for inflation, the IMF has forecast an average inflation rate of 6% and 4% next year. At the same time, the aforementioned financial institution is expecting to keep Romania’s current account deficit at 7.1% of the GDP in 2024, similar to last year.

 

WEATHER The weather is generally unstable in Romania and temperatures have dropped almost in the entire territory. Rain showers have been reported in almost all regions. The wind will be stronger in the country’s south and east. Storms and hails are expected on isolated areas. The highs of the day will be between 9 and 26 degrees Celsius.

(bill)

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