December 4, 2024 UPDATE
A roundup of domestic and international news
Newsroom, 04.12.2024, 20:00
PARLIAMENT – The interim president of the National Liberal Party, Ilie Bolojan, on Wednesday said the pro-European parties in the new Parliament, PSD, PNL, USR, UDMR and the group of national minorities have agreed to create a coalition as part of a joint resolution. The coalition will seek to ensure stability and reforms. The four parties are expected to hold together over 55% of total seats in Parliament after the completion of the redistribution process. The other three parties that entered Parliament, AUR, SOS Romania and POT, seen as ultranationalist and sovereigntist, will hold 37% of MP seats. The exact figures will be made public at the end of the week once all mandates that were left vacant after the election are redistributed, the president of the Permanent Election Authority, Toni Greblă, says. The new Parliament is expected to officially start its activity on December 20, when the four-year term of the current legislature is set to end.
DOCUMENTS – The president of Romania, Klaus Iohannis, on Wednesday declassified 5 documents presented by the Interior Ministry, the Foreign Ministry, the Romanian Intelligence Service and the Special Telecommunications Service in the November 28 meeting of the Supreme Defense Council. The documents regard infringement of electoral advertising regulations ahead of the 1st round of the presidential election. We recall that following last week’s meeting, Council members noticed that cyber-attacks sought to influence the first round of the presidential election, held on November 24.
FINANCE – Finance Minister Marcel Boloș on Wednesday said the Government has withdrawn 6 bln EUR from the Reserve Fund to deal with imbalances triggered by the recent political uncertainty. Romania is undergoing a period of uncertainty until a new government is sworn in to stabilize and finalize the country’s budget policies, the Finance Minister added, expressing hope the crisis would end. The same difficulties in terms of state bonds and loans are also transparent on the stock market, Minister Boloș went on to say.
FLOODS – The Government has updated the national strategy for the management of medium and long-term flood risks. The updated document provides a number of general objectives, including the need ot modernize the protection infrastructure, including embankments and dams, implementing natural solutions, such as water draining, introducing tight regulations for the use of farmland in at-risk areas and providing risk management training to technical staff. The implementation of these goals are estimated to cost approximately 18 bln EUR, which will be covered with EU funds from the Recovery and Resilience mechanism.
NATO – Ukraine’s allies should provide enough military assistance to “alter the course of the war once and for all”, NATO Secretary General Mark Rutte said in Brussels, which hosted the two-day meeting of NATO Foreign Ministers. On Tuesday, in her speech before the Foreign Affairs Council, Romania’s Foreign Minister, Luminița Odobescu, said NATO membership presented Romania with the strongest security guarantees it ever had. Over 5,000 NATO troops are currently deployed to Romania for deterrence and security consolidation purposes, the Romanian official recalled. Another positive effect of the presence of foreign troops is an economic boost, while NATO membership itself reinforces Romania’s credibility at international level, including on financial markets, the Romanian official said.
GAUDEAMUS – A new edition of the Gaudeamus Book Fair has kicked off in Bucharest. Organized by Radio Romania, the event this year is presided by a special honorary guest, Mircea Cărtărescu, one of the best-known and internationally acclaimed Romanian contemporary writers, the recipient of countless national and international awards. Some 200 exhibitors are taking part in the fair, which until December 8 will bring visitors hundreds of book launches and numerous premieres. (VP)
