January 22, 2025
A roundup of local and world news
Newsroom, 22.01.2025, 13:55
ECONOMY The Economic and Financial Affairs Council (ECOFIN) Tuesday approved Romania’s 7-year fiscal structural plan to reduce the country’s budget deficit. The plan is designed to stabilise public debt as Romania remains among the top EU member states in terms of public investment – over 7% of GDP, bringing the budget deficit below 3% in 2025-2031, the finance minister Tánczos Barna explained. The decision comes as several countries, including France, Spain, Italy and Finland, are facing similar challenges and have requested an extension of the fiscal adjustment period from 4 to 7 years, until 2031. Other topics on the ECOFIN meeting agenda include the current impact of Russia’s aggression against Ukraine, the priorities of the Polish presidency of the EU Council, the 2025 European Semester and the endorsement of the revised recovery and resilience plans for Greece, Cyprus and Spain.
POLL 90% of Romanians reject the idea of leaving NATO, a record level of approval for the North Atlantic Treaty Organisation, an INSCOP survey made public on Tuesday indicates. According to the poll, based on data collected at the end of last year, Romanians’ support for the West in terms of political and military alliances has increased by 10% over the past 3 years. The poll also shows that Romania’s European Union membership is seen by almost three-quarters of respondents as an advantage in terms of its effects on economic and social life, on family and personal life. Only 55% of Romanians believed this 3 years ago.
PROTEST The Bucharest metro trade unionists today carry on their protest in front of the Government headquarters, demanding respect for the employees and the collective bargaining agreement. On Tuesday, they picketed the finance ministry, demanding pay raises and proper financing for the company. Metro employees also announced work-to-rule and token strikes, against the ordinance passed by the new government at the end of last year, which no longer allows hiring, promotions and the rights negotiated in the collective bargaining agreement registered in early December 2024.
EARTHQUAKES Romania will have a seismic risk map for each locality, and the authorities in high-risk areas will have access to a governmental programme to consolidate public buildings, the development minister Cseke Attila announced. He added that the programme is fully funded from the state budget and that the priority is to consolidate healthcare units. According to the latest statistics, over 2,500 buildings in Bucharest alone are in danger of collapsing in intensity 7+ earthquakes similar to the one in 1977.
POLLUTION Romanian authorities are closely monitoring the situation in the Black Sea, after 2 Russian oil tankers were badly damaged in the Kerch Strait at the end of last year, causing an environmental disaster in the area. The environment minister Mircea Fechet warned that everyone must be prepared, but stressed that the risks of the pollution wave reaching the Romanian coastline are minimal. Authorities are assessing the situation, after over 2,000 tons of highly toxic oil product spilled in the sea, causing the death of thousands of birds and leaving hundreds of dolphins stranded tens of kilometres from the shore.
TRUMP The US president Donald Trump said new sanctions against Russia are “possible” if Moscow does not negotiate an end to the war in Ukraine, AFP reports. He added the United States would consider continuing military aid to Kyiv, which has amounted to tens of billions of dollars since Russia invaded Ukraine in February 2022. Trump had previously said that Russia was heading for disaster if it refused to negotiate and sign a ceasefire or peace agreement with Ukraine. As for the Ukrainian president, Trump expects Zelenskyy to be willing to sign an agreement. (AMP)
