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January 8, 2024 UPDATE

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Newsflash
Newsflash

, 08.01.2024, 20:00

LAWS Parliament
is due to convene for a new session in Bucharest on February 1. Until then, the
Romanian MPs are working on new bills, focusing, among other things,
on regulating gambling and curbing drug consumption. The new legislation
includes several measures such as the relocation of casinos and betting houses
outside towns and cities, limiting gambling commercials and banning gambling
ads near schools, parks or hospitals. According to the authors of the bills,
some of them introduced as early as in 2022, the amendments come in the context
of the latest expert warnings on the
younger generation’s alarmingly growing addiction to gambling and drug consumption
as well as their vulnerability to various advertising campaigns. Drug
trafficking is punished with up to 10-year prison sentences. Other draft laws ban
minors’ access to energy drinks and restrict commercials to vaping products and
accessories.




INVESTMENTS
According to data released by the National Institute for Statistics, in the
first nine months of 2023 Romania’s construction sector reported over RON 74
billion worth of investment, which accounts for 62.6% out of the total
investment in the country’s economy. In the same period, investments in
Romania’s national economy stood at roughly RON 118.5 billion, a 14.4% rise as
compared to the period between January and September 2022.




CYBER SECURITY A
new EU Cyber Security Regulation has taken effect in the EU, introducing a
minimal set of measures for public institutions in EU member countries to
protect themselves from online attacks. In Romania, just like in most EU
countries, the number of cyber-attacks from Russia has increased since the
start of the war in Ukraine. Under the Regulation, an EU Cyber Security Board
will also be set up, which will monitor the implementation of security
measures. Member state institutions are to initiate a security enhancement
process this year and to introduce protocols to manage information networks. Under
the Orange Business Internet Security Report, 31% of the attacks against
Romania targeted the energy sector, 22% transports and 19% the governmental and
public services sector. The attacks caused losses of billions of US dollars,
and the institutions targeted in the past 2 years include the National Cyber
Security Directorate, the Defence Ministry, the Border Police and the Passenger
Railway Corporation (CFR).




SCHOOLS Students
resumed classes on Monday in the third module of the academic year in
Romania. The next school holiday is to be decided by county inspectorates and
most likely will kick off on February 19th. In another development, against the
background of a new wave of respiratory infections, medical authorities are
urging parents not to send their children to school if they show any symptoms
of a respiratory disease.




TENNIS Romanian
tennis player Ana Bogdan on Monday qualified for the round of sixteen of the
WTA 500 tournament in Adelaide, Australia with over 900 thousand dollars in
prize money. The Romanian secured a 6-3, 6-4 win against Katie Boulter of
Britain. Also on Monday the all-Romanian pair Ana Bogdan/Monica Niculescu was
defeated by the US-Dutch pair Asia Muhammad/Demi Schuurs 7-6, 6-4 in the
doubles first round. (AMP, bill)

Newsflash
Newsflash Friday, 13 September 2024

September 13, 2024 UPDATE

A roundup of local and international news.   Energy. The Romanian government will ask for compensations from the European Union for the...

September 13, 2024 UPDATE
Newsflash
Newsflash Friday, 13 September 2024

September 13, 2024

Energy. The Romanian government will ask for compensations from the European Union for the significant differences in energy prices between the west...

September 13, 2024
Newsflash
Newsflash Thursday, 12 September 2024

September 12, 2024 UPDATE

Defense. Romania’s President Klaus Iohannis has convened a meeting of the Supreme Council of National Defense for September 19, in Bucharest, the...

September 12, 2024 UPDATE
Newsflash
Newsflash Thursday, 12 September 2024

September 12, 2024

RCA Romania has the most expensive civil liability insurance for car owners, RCA, in the region, roughly 220 Euros, although compensations have...

September 12, 2024
Newsflash Wednesday, 11 September 2024

September 11, 2024 UPDATE

Legislation. Romania needs to complement legislation on reaction to the entry into its airspace of hostile or unauthorised drones is the conclusion...

September 11, 2024 UPDATE
Newsflash Wednesday, 11 September 2024

September 11, 2024

Legislation – The defense committee of the Romanian Senate is meeting today, with Defense Ministry representatives being expected to join, most...

September 11, 2024
Newsflash Tuesday, 10 September 2024

September 10, 2024 UPDATE

NATO NATO’s Deputy Secretary General, Romanian Mircea Geoana was awarded on Tuesday the Meritorious Service Order as a token of appreciation for...

September 10, 2024 UPDATE
Newsflash Tuesday, 10 September 2024

September 10, 2024

  EC – Romania could receive, in the future European Commission makeup, the portfolio for social rights and housing, a position also with...

September 10, 2024

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