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August 28, 2024 UPDATE

A roundup of the latest local and world news

Newsflash
Newsflash

, 28.08.2024, 20:17

ELECTION The Government in Bucharest has set the calendar of the upcoming election in detail, including the technical measures and expenses for the preparation, organization and unfolding of the presidential election in Romania. So, November 24th 2024 will be seeing the first round of voting and, if needed, a second round will take place on December 8. October 5th is the deadline for submitting candidatures and election signs to the Central Election Office, while the election campaign kicks off on October 25th. In another development, the government has extended the National Programme for Local Development for another two years in order to support the over 3 thousand projects currently underway. Also on Wednesday, the Executive approved “The National Plan for a Safe School Environment” completing the measures focusing on fighting violence in the country’s education system. Discounts will be made available for therapy sessions for children victims of violence, or who were involved in such acts. The programme also includes training courses for teachers as well as an online library devoted to combating violence in schools. Under another bill endorsed in the education sector, students will be granted scholarships through state-funded cultural projects.

 

OECD Romania on Wednesday received a positive review in the competition sector as part of its OECD accession process. According to Romania’s Competition Council, the review was issued after an assessment that took place between 2018 and 2022. During the review, the Council must demonstrate that its work meets the requirements of the Organisation for Economic Cooperation and Development. Recommendations have also been made, and the stage of their implementation will be presented next year. Accession to the OECD is a priority for Romania, and is the country’s 3rd strategic goal after the NATO and EU accession.

 

DEFICIT Romania’s budget deficit exceeds 4% of GDP after the first 7 months of the year, according to finance ministry data. In January – July, the government had total revenues of over EUR 66 bln, up 15% compared to the first 7 months of 2023. Budget expenditure however increased by over 23%, to more than EUR 80 bln. This year’s budget law is based on a 5% deficit level. Meanwhile, the minister for EU investments and projects Adrian Câciu has announced that Romania has so far received EUR23.84 bln under the cohesion policy in 2014-2020, reaching a 99.1% absorption rate.

 

INDEPENDENCE The Republic of Moldova Tuesday celebrated 33 years since the proclamation of its independence from the former Soviet Union. Attending the ceremonies, the presidents of Lithuania, Estonia and Latvia signed a joint statement of support for the country’s EU accession. In his message on this occasion, president Klaus Iohannis promised Romania will continue to provide strategic support to Moldova in all areas. In turn, PM Marcel Ciolacu reassured his Moldovan counterpart, Dorin Recean, that Romania will remain in the front line of the efforts to consolidate Moldova’s EU accession efforts, its stability and democratic development.

 

WEATHER Thunderstorms were reported on Tuesday night in several parts of the country. Weather experts have issued scores of extreme weather warnings. In Iaşi, in the north-east, the wind brought several trees down and damaged vehicles, while entire streets in the city were flooded. Also in the north-east, in Botoşani County, firefighters were called to put out a fire after lightning struck a tree. Tens of streets and basements were also flooded in Cluj-Napoca (north-west).

(bill)

 

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