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November 24, 2024 UPDATE

A roundup of domestic and international news

Newsflash
Newsflash

, 24.11.2024, 23:39

PRESIDENTIAL ELECTION – Social-Democrat leader, Prime Minister Marcel Ciolacu has won the first round of the presidential election, held on Sunday in Romania. After counting approximately 70% of total votes, Marcel Ciolacu ranks first in preliminary standings with 23%. In runner-up position with 22% is Călin Georgescu, a surprising independent candidate, accused of supporting Russia and eulogizing representatives of the Romanian far-right in the inter-war period. According to exit polls, Marcel Ciolacu grabbed 24%, while the leader of Save Romania Union (USR), Elena Lasconi, is in second place with 19.6%, followed by Călin Georgescu with 17%. Over 9.4 million Romanians, accounting for over 52% of people on permanent lists, cast their votes on Sunday. Around 800 thousand Romanians also voted abroad. The difference between urban and rural areas was approximately 2 million votes. A total of 13 candidates enrolled in the race, 9 backed by political parties and 4 independent candidates. The second round of the presidential election is slated for December 8, while the parliamentary election will be held on December 1, the National Day of Romania.

 

REFERENDUM – The local referendum called by Bucharest Mayor General, Nicuşor Dan, has exceeded the 30% threshold required for validation. According to data provided in real time by the Permanent Electoral Authority, over 41% of Bucharest residents on the electoral lists had voted. The majority response to the three questions was “Yes”. They had to answer two questions proposed by Nicusor Dan, related to the way of distributing the money between the General City Hall and Bucharest’s 6 sectors and the issuance of building permits in the Capital. A third question was added at the initiative of the Social Democratic Party (PSD), which refers to combating drug use in schools.

 

COP29 – At the UN climate summit in Azerbaijan, COP29, richer countries pledged to grant a record 300 billion USD to developing countries to help prepare for and prevent climate change. The decision followed at the end of negotiations that led to the extension of the summit by 33 hours and that almost collapsed. “It has been a difficult road, but we have reached an agreement”, said the head of the UN climate agency, Simon Stiell. The funding promised until 2035 “is too weak, too late and too ambiguous”, Kenyan Ali Mohamed said, speaking on behalf of the group of African countries. His counterpart from Malawi, which represents the 45 poorest countries on the planet, Evans Njewa, denounced the agreement as “lacking ambition”.

 

ICR – The Romanian Cultural Institute (ICR) announced the official opening, on November 26, of its representative office in Tokyo, Japan. “Japan is a center of interest for cultural operators from Romania and I am confident our center in Tokyo will significantly contribute to the Romanian presence in Japanese cultural life”, ICR president Liviu Jicman said. In turn, the Romanian ambassador to Japan, Ovidiu Raeţchi, said that the opening of the ICR branch in the Japanese capital is a strategic initiative that aims to strengthen cultural relations between Romania and Japan, to support international artistic cooperation and to offer the Japanese public the opportunity to discover and appreciate the richness and diversity of Romanian cultural heritage. The first cultural actions of the new center will be the exhibition of works from the collection of the Japanese photographer Kosey Miya, which capture the charm of Maramureş, and a concert of the Japanese artist Fumiko Sakura. With the establishment of the Romanian cultural center in Tokyo, the number of ICR representative offices abroad reaches 19. (LS & VP)

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
February 14, 2026 UPDATE
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
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
Newsflash Thursday, 12 February 2026

February 12, 2026 UPDATE

European Council meeting – The President of Romania, Nicuşor Dan, participated on Thursday at the Alden Biesen Castle in Belgium, in an...

February 12, 2026 UPDATE
Newsflash Thursday, 12 February 2026

February 12, 2026

Nicușor Dan at the informal European Council meeting Romania’s President, Nicușor Dan, is attending an informal meeting of the European Council...

February 12, 2026

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