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August 11, 2023

A roundup of local and international news.

Newsflash
Newsflash

, 11.08.2023, 13:55

Inflation.
Romania’s annual inflation rate dropped to 9.4% in July from 10.3% in June,
while the price of food products went up by over 16%, that of non-food products
by 4.25% and services by almost 12%, according to data published today by the
National Institute of Statistics. The National Bank of Romania revised its
inflation forecast for the end of year up to 7.5% from 7.1% and to 4.4% for the
end of 2024, the bank’s governor Mugur Isărescu said on Wednesday. The
projection is based on the legislation in force and does not take into account
the impact of the fiscal consolidation measures recently proposed by the
authorities.






Grain
exports.
Representatives of the United States, the European Union, Ukraine, the
Republic of Moldova and Romania are today having talks in Galaţi, in
south-eastern Romania, about alternative routes for the transport of Ukrainian
grain, said the US embassy in Bucharest. In a crucial meeting,
which will take place in Galati, Romania, Ukraine, the Republic of Moldova, the European Commission and
the United States will join forces, following Russia’s harsh exit from the
Black Sea Grain Initiative, said the US Embassy, denouncing Russia for turning
food into a weapon and endangering global food security. The
United States stands firmly by Ukraine, promising continued support and
assistance to help Ukraine overcome challenges and promote prosperity in the
region, the US Embassy added.








Navy. The Romanian Naval
Forces are carrying out activities dedicated to the Romanian Navy Day in the run-up
to 15th August, the Christian holiday of the Assumption, the Virgin
Mary being considered the patron of sailors. Various events are scheduled in
the capital city, in the Romanian Black Sea ports of Constanţa and Mangalia and
the Danube ports of Brăila, Tulcea and Galaţi. On 15th August, Constanţa
will play host to a demonstration exercise entitled The Romanian Naval Forces
2023 on the maritime stage in from the Fleet Command. The opening ceremony
involving helicopters and speed boats flying the flags of Romania and NATO, will
be followed by a parade by Romania’s flagship vessel, Mircea.




Football.
Romania’s football champions Farul Constanța defeated Flora Tallinn of Estonia
3-nil on Thursday evening at home in the first leg of the third preliminary
round of the UEFA Conference
League. In the same leg, the vice-champions FCSB drew nil-all against FC
Nordsjaelland of Denmark in a match in Bucharest, while the winner of the
Romanian Cup, Sepsi OSK Sfântu
Gheorghe, drew 1-all at home against FC Aktobe of Kazakhstan. The
decisive matches will be held next week.






Rugby.
The Romanian national rugby side will be playing Georgia on Saturday in a test
match in Tbilisi. Last week, Romania lost 31-17 to the United States in
Bucharest. In their final test match ahead of the Rugby World Cup hosted by
France, Romania will face Italy on 19th August in an away match. At
the World Cup, Romania are in Group B and will play Ireland in their opening
match on 9th September in Bordeaux, followed by world champions
South Africa on 17th September, again in Bordeaux, then Scotland on
30th September in Lille and Tonga on 8th October in
Lille. (CM)

July 25, 2025 UPDATE
Newsflash Friday, 25 July 2025

July 25, 2025 UPDATE

  VISIT – Romania and Austria have everything they need to build an even stronger economic partnership, Romanian President Nicușor Dan...

July 25, 2025 UPDATE
Newsflash
Newsflash Friday, 25 July 2025

July 25, 2025

Visit – Romania and Austria have everything they need to build an even stronger economic partnership, the Romanian President Nicușor Dan said...

July 25, 2025
July 24, UPDATE
Newsflash Thursday, 24 July 2025

July 24, UPDATE

Cooperation. The increase in trade between Romania and Hungary and the development of joint infrastructure and interconnection projects were...

July 24, UPDATE
Newsflash
Newsflash Thursday, 24 July 2025

July 24, 2025

  RATING – Standard & Poor’s rating agency announced that it maintains Romania’s rating and the negative outlook in the...

July 24, 2025
Newsflash Wednesday, 23 July 2025

July 23, 2025

Measures – The governing coalition in Bucharest decided, following this morning’s meeting, to postpone until mid-August the adoption of...

July 23, 2025
Newsflash Tuesday, 22 July 2025

July 22, 2025 UPDATE

MEASURES The Romanian PM Ilie Bolojan and the deputy PM in charge of reforms, Dragoș Anastasiu, presented on Tuesday in Bucharest the measures...

July 22, 2025 UPDATE
Newsflash Tuesday, 22 July 2025

July 22, 2025

Measures. Higher VAT rates and other taxes and excise duties, bonus cuts and a cap on pensions and salaries are to come into force on August 1....

July 22, 2025
Newsflash Monday, 21 July 2025

July 21, 2025 UPDATE

Visit – The president of Romania Nicușor Dan has received an official invitation to visit the United States from the US president Donald...

July 21, 2025 UPDATE

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