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February 12, 2019

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February 12, 2019
February 12, 2019

, 12.02.2019, 14:16

BANKING Board members
of Romania’s Central Bank are today being heard in a joint Parliament session
of the Senate’s committees for economy and budget-finances. Central Bank
governor Mugur Isarescu will be speaking about how interest rates on the
inter-banking market are being calculated and also refer to the profit banks in
Romania are making. According to Isarescu the data he is going to present is
far from what has recently been presented by the media. In turn, the chairman
of the Economic Committee, Daniel Zamfir has said that talks will also focus on
how the ROBOR index is being calculated, according to the interest rate the
banks in Romania are lending money to each other, being also part of the
computing formula for credits in local currency.












TALKS Parliament in Bucharest is carrying on talks over the country’s budget
this year. MPs are today discussing budgets for most of the ministries, the
government secretariat, the state radio and television broadcasters, for the
Agerpress news agency and the National Council of Audio-Visual. Debates are expected
to end with Finance Ministry representatives who are to decide whether the
funds requested through amendments submitted by opposition and power representatives,
are to be granted. This year’s budget has been based on 5.5% economic growth, a
2.5% deficit and a GDP over 200 billion Euros.










TENNIS Two tennis players from Romania are on the
main draw of the singles competition of the WTA tennis tournament in Doha, Qatar.
The WTA’s 29th Mihaela Buzarnescu will be up against 22nd
– ranked Jelena Ostapenko of Latvia. The two are equal, 2-all, in head-to-head matches.
The world’s number third who is also the competition’s odds-on favourite,
Simona Halep will be playing directly in the second round against the winner of
the match pitching Caroline Garcia of France and Ukrainian Lesia Tsurenko.
Halep won the Doha tournament in 2014 after beating Angelique Kerber of Germany
in the finals.


UN
Romania’s permanent representative at the UN, ambassador Ion Jinga has attended
the proceedings of the 57th session of the Committee for Social
Development. Against the backdrop of Romania’s holding the EU rotating
presidency, ambassador Jinga presented on behalf of the 28 EU members, a
statement on social inclusion through fiscal, salary and social protection
policies. The Romanian diplomat has focused on the promotion of the European
pillar of social rights and a pattern of social development based on
sustainable economic growth, continuous professional training and employment
policies focusing on the young people, the disabled and the family.












FLU The death toll of the flu epidemic in
Romania has reached 109, the National Centre for the Supervision and Control of
Transmissible Diseases with the National Institute of Public Health has
announced. According to the country’s Health Minister Sorina Pintea, for the
time being, we cannot still speak about a decreasing epidemic. Data released by
the aforementioned institute confirmed over 3000 cases of infection last week.



February 16, 2026 UPDATE
Newsflash Monday, 16 February 2026

February 16, 2026 UPDATE

Government. The bills on the public administration reform and the economic recovery package have been finalised and will be adopted by emergency...

February 16, 2026 UPDATE
Newsflash
Newsflash Monday, 16 February 2026

February 16, 2026

Government. The four-party coalition government in Bucharest intends to adopt this week, most likely on Thursday, the public administration reform...

February 16, 2026
February 15, 2026 UPDATE
Newsflash Sunday, 15 February 2026

February 15, 2026 UPDATE

PEACE Romania’s President, Nicusor Dan, has announced his intention to participate in the first proceedings of the Board of Peace in Washington...

February 15, 2026 UPDATE
Newsflash
Newsflash Sunday, 15 February 2026

February 15, 2026

RATING Fitch rating agency has affirmed Romania’s Long-Term Foreign-Currency Issuer Default Rating at BBB- with a negative outlook. According to...

February 15, 2026
Newsflash Saturday, 14 February 2026

February 14, 2026 UPDATE

Rating. Fitch Ratings on Friday affirmed Romania’s sovereign rating at ‘BBB-‘ with a Negative Outlook, the agency said in a...

February 14, 2026 UPDATE
Newsflash Saturday, 14 February 2026

February 14, 2026

Rating. Fitch Ratings on Friday affirmed Romania’s sovereign rating at ‘BBB-‘ with a Negative Outlook, the agency said in a...

February 14, 2026
Newsflash Friday, 13 February 2026

February 13, 2026 UPDATE

Romania’s economy is in technical recession, INS warns Romania’s economy grew by 0.6% in 2025, but was in technical recession at the end of the...

February 13, 2026 UPDATE
Newsflash Friday, 13 February 2026

February 13, 2026

Economy. Romania’s economy grew by 0.6% in 2025, but was in technical recession at the end of the year, after its GDP fell two quarters in a...

February 13, 2026

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