BANK According to Central Bank forecasts the annual
\ninflation rate in Romania will slightly go down only in the last quarter of the
\nyear. The bank says the annual inflation rate ceased to rise in June and is
\nexpected to fluctuate for a while then to slightly go down for the next three
\nquarters. Inflation has been forecast to stay around 13.9% in December exceeding
\nthe initial predictions of 12.5%. According to the Central Bank, inflationist
\npressures are to be seriously felt in April next year, after schemes aimed at capping
\nelectricity prices will have ended. In an attempt to keep inflation at bay, the
\nbank decided to raise the key interest rate from 4.47% to 5.5%. <\/p>\n
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HOLIDAY Seaside resorts on the Romanian Black Sea
\ncoast are functioning at full capacity these days in spite of the high accommodation
\nprices. Prices are expected to go down next week under a yearly programme
\nentitled ‘Seaside for everyone’ due to kick off on August 28th.
\nAccording to representatives of the Employers Association in the Romanian
\ntourism, roughly 100 hotels are getting ready to accommodate tourists for
\nprices 75% lower than at the peak of the season. <\/p>\n
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MEDALS Romanian athlete Catalin Chirila won bronze
\nin the 500 meter race at the Canoe Sprint European Championships in Munich. A
\nworld’s vice-champion in Halifax, Canada, Chirila also reaped gold in the 1000 meter
\nsingle canoe race in Munich. Another two athletes from Romania, Constantin
\nPopovici and Catalin Preda walked away with gold and silver from the high diving
\nevent of the European Aquatics Championships held in Rome. Popovici made
\nhistory as the first European champion in this event with 455.70 points. Preda,
\nwho took the lead after the first three rounds, eventually ended second with
\n436.20 points. Italian Alessandro De Rose came third in the aforementioned
\nevent. Constantin’s namesake David claimed two European titles and a world
\nrecord in the pool and has been designated the best athlete in the men’s events
\nat the present edition of the Aquatics in Rome. <\/p>\n
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VOLLEYBALL Romania’s national men’s volleyball side
\nhave qualified for the European Championships due next year after a 3-0 win
\nagainst Albania in their last away game in the preliminary group G. Romania
\nranks first in the group with 5 wins and 15 points followed by Switzerland with
\n12 points, Bosnia-Herzegovina 4 points and Albania with two. The seven winning
\nsides of the preliminaries as well as the best five runner-ups are qualified
\nfor the final tournament. Romania won a European title in 1963, two silver
\nmedals in 1955 and 1958 and two bronze in 1971 and 1977. At the 2019 edition of
\nthe European Championship our side ranked 21st. <\/p>\n
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DIPLOMACY According to the spokeswoman for the
\nRussian Foreign Ministry, Maria Zakharova, Russia will have a proper response
\nto Bucharest’s decision to declare persona non grata an employee of its embassy
\nin Romania. Zakharova says that Romania has declared the Russian employee
\npersona non grata ‘without any reason and under exaggerated pretexts’. The
\nRomanian Foreign Ministry says that a decision to expel the Russian employee
\nhas been made because the person was involved in activities incompatible with
\nthe Vienna Convention of 1961 concerning diplomatic relations, a generic
\ndefinition for espionage allegations. <\/p>\n
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(bill)<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
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