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August 3, 2014 UPDATE

A roundup of domestic and international news

August 3, 2014 UPDATE
August 3, 2014 UPDATE

, 03.08.2014, 19:11

Romanian President Traian Basescu will participate on Monday in Belgium in the ceremony commemorating 100 years since the first world war. Also, will participate in Liege, at the Cointe Inter-allied Memorial, in a ceremony that will also be attended by King Philippe of Belgium. On Sunday, presidents Francois Holland and Joachim Gauck met in the Hartmannswillerkopf area in the north-east of France to pay homage to the French and German soldiers who fought and died in WWI. The meeting occurred one hundred years since Germany declared war on France.



According to the latest reports, four people have died this week in Romania, killed by flood waters. Over 250 villages in 11 counties have been affected, 1800 people have been evacuated and another 780 have been rescued from life-threatening situations. Following the heavy flooding in the south of the country, the Romanian Orthodox Patriarchy has started a humanitarian campaign aimed at helping people in the region. The patriarchy has urged all parish priests and monks to organize collections of food, water and sanitation products for the many families left without a home.



The Romanian Minister for European Funds, Eugen Teodorovici has stated in an interview to AGERPRESS news agency that he is unhappy with the amount allocated to Romania by the EU within the 2014-2020 budget framework and by the European regulations that force Romania to invest more in the social field, although more money is needed for infrastructure. Teodorovici has also said that the first project applications for the coming budget framework will be launched in October at the latest. He has announced that one of the two state-owned banks in Romania will become a development bank in late August and a new draft package amending the legislation on public procurement will be ready in October.



Romanian is the native language of most foreign residents in Italy. It has been reported as mother tongue by some 800 thousand people, accounting for 21.9% of the foreign population in that country, reads the Romanian Gazette published in the peninsula. Romanian is followed by Arabic, Albanian and Spanish. The information was made public by the Italian Statistics Institute, in a report on the linguistic diversity among foreign citizens in Italy. According to the institute, 160 thousand foreigners stated Italian as their mother tongue, which is 4.5% of the foreign population.



Over 200 thousand tourists spent their weekend on the Romanian Black Sea Coast. The most crowded was the resort of Mamaia, which on Saturday hosted an allegorical cars carnival. Tourist had the opportunity to admire spectacular costumes, professional actors and stuntmen in a huge show, which brought to life scenes from the life of the best known ruler of Moldova, Stephen the great. Mamaia is the only resorts in Europe that has free shows all throughout the summer.



Russia’s aggression against Ukraine justifies the preparation of new common defense plans, believes the NATO Secretary General Anders Fogh Rasmussen. In an interview to the French press, Rasmussen has stated that Moscow’s action should be regarded as an alarm signal, and they have created a new security issue in Europe. He made the statements after the British Prime Minister David Cameron called on NATO to rethink the long term relationships with Russia and to enhance the capacity to react promptly to any threat. We recall that the next NATO summit will be hosted by Great Britain in September.



International investigators are trying to carry on the investigation at the Malaysian plane crash scene in an area controlled by pro-Russian separatists in eastern Ukraine. On Saturday they had to clear part of the perimeter because of artillery shots. After the fresh sanctions imposed on Russia, tension between Moscow and Brussels is escalating. According to some international experts, although the EU measures are a blow to the Russian economy, President Putin will not give in to pressure. In another move, Russia has accused the EU of having secretly lifted restrictions on the delivery of military technology and equipment to Ukraine.



The Israeli ground troops have started to pull out from Gaza, along with the completion of the operation aimed at destroying the Palestinian tunnels, but air raids have continued. Israeli Prime Minister Benjamin Netanyahu has announced at a press conference that the operation aimed at destroying Hamas’s infrastructure will continue, even after the tunnel operation is completed, and the army will be redeployed, depending on Israel’s security needs. At this stage, the government has no intention of committing itself to anybody under a cease-fire agreement. According to our correspondent, Israel has informed the Egyptian mediator it will not send a delegation to Cairo for consultations. A Palestinian delegation from Ramallah is already in Egypt, but Hamas representatives could not leave Gaza. The head of Hamas’s political bureau, Khaled Mashal, who lives in exile, has stated in an interview on CNN that Hamas has rejected the cease fire. In his opinion, the presence of Israeli troops in Gaza to destroy the tunnels is an aggression.



The pair made up of Romanian tennis player Horia Tecau and the Dutch Jean Julie Rojer has qualified for the double final of the ATP tournament in Washington, with over 1 million 399 thousand dollars in prize money, after defeating on Saturday Jonathan Erlich and Rajeev Ram, of Israel and the US respectively. Tecau and Rojer, who have secured for themselves 42,180 dollars and 300 ATP points, will play their 6th ATP final against the pair made up of the Austrialian Sam Groth and Leander Paqes from India.

May 17, 2026 UPDATE
Newsflash Sunday, 17 May 2026

May 17, 2026 UPDATE

RATING Romania keeps its investment-recommended rating and authorities consider the decision a major vote of confidence for the economy. The...

May 17, 2026 UPDATE
Newsflash
Newsflash Sunday, 17 May 2026

May 17, 2026

RATING Romania keeps its investment-recommended rating and authorities consider the decision a major vote of confidence for the economy. The...

May 17, 2026
May 16, 2026 UPDATE
Newsflash Saturday, 16 May 2026

May 16, 2026 UPDATE

RATING S&P Global Ratings affirms Romania’s sovereign credit rating at BBB-/A-3 with a negative outlook one notch above the ‘junk’...

May 16, 2026 UPDATE
Newsflash
Newsflash Saturday, 16 May 2026

May 16, 2026

DELTA The Danube Delta and the main tourist spots in Tulcea county, south-eastern Romania are safe for tourists, in spite of the drone attacks close...

May 16, 2026
Newsflash Friday, 15 May 2026

May 15, 2026 UPDATE

BANK The board of Romania’s Central Bank (BNR) on Friday decided to maintain the monetary policy interest rate at the level of 6.50% a year, a...

May 15, 2026 UPDATE
Newsflash Friday, 15 May 2026

May 15, 2026

National Bank. The management of the National Bank of Romania is meeting today for its fourth monetary policy meeting this year. Experts expect that,...

May 15, 2026
Newsflash Thursday, 14 May 2026

May 14, 2026 UPDATE

Consultations with political parties, scheduled for Monday President Nicușor Dan will hold consultations with parliamentary parties over the...

May 14, 2026 UPDATE
Newsflash Thursday, 14 May 2026

May 14, 2026

Recession. Romania’s economy contracted by 0.2% in the first three months of this year compared to the previous quarter, the National Institute of...

May 14, 2026

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