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December 23, 2024

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Newsflash
Newsflash

, 23.12.2024, 13:55

COALITION – The president of Romania, Klaus Iohannis, has designated Social-Democrat leader Marcel Ciolacu for the position of Prime Minister. The new pro-European coalition stands good chances of continuing Romania’s good track record, following the undeniably good economic results obtained and the Schengen accession, the president said. “I believe they will successfully deal with current issues such as budget construction and the calendar for the 2025 presidential election”, the president went on to say. Also today, the new ministers will appear before Parliament’s special committees, which will be followed by the debate and the confidence vote in a joint plenary sitting. Previously, the leaders of PSD, PNL, UDMR and the leader of the group of national minorities signed a political agreement to form a Parliament majority and a government. Social-Democrat president Marcel Ciolacu stated that the duty of the parties is to defend democratic values, Romania’s trajectory in the EU and NATO, as well as national values ​​and identity. PNL interim leader Ilie Bolojan said that his party signed the agreement to form a stable government, which will carry out reforms during a difficult period. He announced that former Liberal leader Crin Antonescu is the coalition’s joint candidate for the upcoming presidential election. UDMR president Kelemen Hunor stated that the current coalition seeks to gain people’s trust in order to overcome the political deadlock, and the first challenges are adopting the 2025 budget and organizing the presidential election as soon as possible next year. The representative of national minorities (other than the Hungarian one), MP Varujan Pambuccian, said that this coalition seeks to maintain political, economic and social stability.

 

PARLIAMENT – PSD MP Ciprian Șerban was earlier today elected Speaker of the Chamber of Deputies in the new Parliament. The interim leader of PNL, Ilie Bolojan, was elected Senate Speaker. We recall that four pro-European parties entered Parliament – ​​PSD, PNL, USR, UDMR – and three self-proclaimed sovereigntist parties, AUR, SOS Romania and POT.

 

FORECAST – The National Strategy and Forecast Commission has significantly downgraded its economic growth forecast for 2024 from 2.8% previously to 1%, amid an accelerated decline in activity, especially in industry and agriculture. The only sector with a positive estimated impact was services. In its autumn forecast, published in November, the European Commission estimates that the Romanian economy will report an economic slowdown this year, up to 1.4%, but the gradual recovery of external demand, the easing of financial conditions, resilient private consumption and an acceleration of investments will support economic growth up to 2.5% in 2025 and 2.9% in 2026.

 

COMMEMORATION – In a message conveyed on Revolution Victory Day, President Klaus Iohannis said that Romania is “at a turning point” and must firmly reject attempts to revise history, which aim to “defame the memory of the heroes of democratic Romania and mystify the truth about the dictatorial regime”. The head of state pointed out that the freedom for which the heroes of the Revolution sacrificed themselves is “more alive and present than ever” today, 35 years on. A number of events were held throughout the country to mark the anti-communist revolution of 1989, with participants recalling protesters’ aspirations back then for democracy and a European path for Romania.

 

BORDER POLICE – The border police in Romania expects a significant increase in traffic flows ​​at the border checkpoints, especially on the Hungarian border, given that many Romanian citizens are coming home from the holidays from European countries. Over 3,500 border police officers carry out nationwide surveillance and control activities on a daily basis, also with a view to preventing and combating cross-border crime. According to a press release published by the Border Police, if the situation requires it, additional lanes will be opened up to the maximum working capacity in crossing points that get crowded. (VP)

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
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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....

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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...

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