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January 12, 2024

A roundup of local and international news.

NEWSFLASH
NEWSFLASH

, 12.01.2024, 13:55

EU. Romania has a real chance to
occupy an important position at European level, says the country’s prime
minister Marcel Ciolacu, referring to the scenario in which president Klaus
Iohannis may take over the presidency of the European Council following the
resignation of Charles Michel. According to the Romanian media, Iohannis has a
chance to occupy this top European position as EU leaders are trying to prevent
Hungary’s Viktor Orban from taking over. If Iohannis steps down before the end
of his term, the Senate speaker, a position currently held by the Liberal
leader Nicolae Ciucă, is to serve as interim. Romania will this year see
presidential, as well as parliamentary, European and local elections.






Bank. The managing board of the
National Bank of Romania is today holding its first monetary policy meeting
this year, having kept the interest rate at 7% throughout last year. According
to analysts, the central bank may agree on a first cut in interest rate given
the slowdown of the economic growth rate and a drastic reduction in lending. The
governor of the National Bank of Romania Mugur Isărescu earlier suggested that
talks on a possible reduction in the reference interest rate may begin when the
inflation rate drops below 7%. In December, the latter went down to 6.61% from
6.72% in November. The National Bank forecast indicates an annual 7.5%
inflation rate at the end of 2023.






Healthcare. Following pressure from the
health care sector, the government has decided to unblock over 7,600 jobs in medical
facilities faced with staff shortages. 2,500 are for physicians and 365 for
ambulance staff. Prime minister Marcel Ciolacu said the budget of the health ministry
is 40% bigger than last year. He emphasised that every new job must translate
into better services for patients.






Football. The Romanian international
Radu Drăguşin signed up with the
London side Tottenham Hotspur until 2030. He was transferred from the Italian Serie
A team Genoa for 30 million euros, thus becoming the most expensive Romanian
football player in history. According to the BBC, Drăguşin is the second player
recruited by Tottenham this winter, after the German
striker Timo Werner, who came from RB Leipzig. (CM)

Newsflash
Newsflash Wednesday, 14 October 2026

October 14, 2026

Romanian and Bulgarian leaders discuss Black Sea security Romanian President Nicușor Dan and his Bulgarian counterpart, Ilyana Yotova, are due to hold…

October 14, 2026
Newsflash
Newsflash Tuesday, 13 October 2026

October 13, 2026 UPDATE

Political stalemate in Bucharest We begin with domestic politics. Designated Prime Minister Luca Niculescu held a new round of consultations with poli…

October 13, 2026 UPDATE
Newsflash
Newsflash Tuesday, 13 October 2026

October 13, 2026

Politics. Prime Minister designate Luca Niculescu held further talks on Monday with parliamentary parties and groups in an effort to secure the needed…

October 13, 2026
Newsflash
Newsflash Monday, 12 October 2026

October 2026 UPDATE

GOVERNMENT Prime minister-designate Luca Niculescu resumed negotiations on a new cabinet on Monday, so as to submit the government lineup and the gove…

October 2026 UPDATE
Newsflash Monday, 12 October 2026

October 12, 2026

NOBEL – American professors Robert Hall and Michael Woodford have been awarded the 2026 Nobel Prize in Economic Sciences. They were recognised for the…

October 12, 2026
Newsflash Sunday, 11 October 2026

October 11, 2026 UPDATE

Government. Luca Niculescu, the fourth prime minister-designate tasked with forming a new government in Bucharest, is due to hold further consultation…

October 11, 2026 UPDATE
Newsflash Sunday, 11 October 2026

October 11, 2026

Government. Luca Niculescu, the fourth prime minister-designate tasked with forming a new government in Bucharest, is due to hold further consultation…

October 11, 2026
Newsflash Saturday, 10 October 2026

October 10, 2026 UPDATE

Government. Luca Niculescu, the fourth prime minister-designate tasked with forming a new government in Bucharest, intends to present the government’s…

October 10, 2026 UPDATE

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