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March 17, 2017 UPDATE

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March 17, 2017 UPDATE
March 17, 2017 UPDATE

, 17.03.2017, 20:13

VISIT The head of the IMF mission for Romania, Reza Baqir presented in Bucharest on Friday the conclusions over the country’s economic developments. According to him the successive cuts in taxes and duties and the pay raises exceeding productivity start threatening the accomplishments of the past years hindering the potential growth of the Romanian economy. Baqir went on to say the IMF forecast a budget deficit of 3.7% for this year and 3.9% for 2018. The IMF delegation’s agenda included meetings with the country’s President and Prime Minister, Klaus Iohannis and Sorin Grindeanu respectively. Romania doesn’t run an agreement with the IMF presently but it is having periodical consultations with its representatives.



MEASURE Collective labour agreements are to become compulsory both in state-owned and private institutions in Romania, the country’s Minister for Public Consultations and Social Dialogue, Gabriel Petrea said on Friday. According to him, the measure will be included in the new Law on Social Dialogue to be put up for debates shortly after the law on unitary payment has come into effect. There is a request from all representative trade unions nationwide and we have to create a system of protecting the employees so that their rights may be observed, Petrea said. In another development he stood for the registration of the NGOs with the National Trade Registry and not with the courts as they are under the present legislation. The minister says that such a measure would ease the setting up of these organisations and streamline their activity.



TALKS Igor Dodon, the pro-Russian president of the Republic of Moldova, an ex-soviet Romanian-speaking country held talks in Moscow on Friday with president Vladimir Putin of Russia; high on the agenda were economic cooperation and regional developments. This is Dodon’s second visit to Moscow in less than three months during which he attended a business forum and also met the Patriarch of the Russian Orthodox Church, Kirill. Pundits quoted by Radio Romania correspondents in Chisinau said the visit’s purpose seems to be exclussively electoral; Dodon’s socialists are seeking Russian support for the upcoming Parliamentary election next year. In January Dodon said in Moscow that he considered denouncing the association agreement with the EU and strengthening relations with the Eurasian Economic Union; he also sees the federalisation of the Republic of Moldova as a solution for instating peace in the breakaway pro-Russia region of Transdniester.



FUNDS Romania can absorb some 250 million euros worth of funds for the modernization of 280 hospitals and healthcare units, the European Commissioner for Regional Policy Corina Cretu has said during her latest visit to Bucharest. The funds are mainly aimed at rehabilitating and expanding 42 county hospitals. The goal is to help the population in rural areas get direct access to quality healthcare services.

August 20, 2025 UPDATE
Newsflash Wednesday, 20 August 2025

August 20, 2025 UPDATE

UKRAINE Romania will contribute to sound security guarantees for Ukraine, president Nicuşor Dan vowed. After the two video link conferences with...

August 20, 2025 UPDATE
Newsflash
Newsflash Wednesday, 20 August 2025

August 20, 2025

Security. Romania will contribute to solid security guarantees for Ukraine, President Nicuşor Dan has assured. After two videoconferences with...

August 20, 2025
August 19, 2025 UPDATE (I)
Newsflash Tuesday, 19 August 2025

August 19, 2025 UPDATE (I)

EU. Tuesday’s videoconferences of the Coalition of the Willing and the European Council addressed the results of important discussions in...

August 19, 2025 UPDATE (I)
August 19, 2025 UPDATE
Newsflash Tuesday, 19 August 2025

August 19, 2025 UPDATE

EU. Tuesday’s videoconferences of the Coalition of the Willing and the European Council addressed the results of important discussions in...

August 19, 2025 UPDATE
Newsflash Tuesday, 19 August 2025

August 19, 2025

  EU Romania’s president Nicuşor Dan takes part in a conference call of EU member state officials, convened by the European Council president...

August 19, 2025
Newsflash Monday, 18 August 2025

August 18, 2025 UPDATE

Pensions – “The draft law on the reform of the magistrates’ pensions is in line with European norms, but it also takes into account...

August 18, 2025 UPDATE
Newsflash Monday, 18 August 2025

August 18, 2025

WASHINGTON A historical meeting will be taking place today in Washington between the US and Ukrainian presidents followed by another one involving...

August 18, 2025
Newsflash Sunday, 17 August 2025

August 17, 2025 UPDATE (I)

Government. The government in Bucharest is moving towards finalizing the second package of measures to reduce the budget deficit, which Prime...

August 17, 2025 UPDATE (I)

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