AGREEMENT Romania and France signed a
\ntransport agreement in Paris on Monday pledging to support the shipment of Ukrainian
\ngrain to the countries needing it. The Romanian authorities have announced they
\nwill cooperate with their French counterparts to draw up a medium-term strategy
\nfor the corridors making the connection between Romania and Ukraine, including
\nthose through the ex-soviet, Romanian-speaking Republic of Moldova. The
\nagreement with Romania will allow Ukraine to ship more grain to Europe and the developing
\ncountries, particularly in the Mediterranean, which are facing food shortages,
\nthe French Transport Minister Clement Beaune said. According to the French
\nofficial, more than a third of the exported grain goes to developing countries.
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INFLATION Romania’s annual inflation rate went up to 15.32% in August
\nfrom 14.96% in July. According to data published by the National Statistics
\nInstitute on Monday, foodstuffs prices went up by 18.22%, while those for
\nnon-food products also went up by 15.98%. Prices for services increased by
\n8.26%. The Central Bank has increased its inflation forecast for 2022 to 13.9%,
\nestimating an inflation rate of 7.5% for 2023. The Central Bank expects the
\ndeflation trend to temporarily stop in the second quarter of 2023, once the
\ncurrent state-aid schemes targeting the energy sector end. The Central Bank
\nexpects an inflation rate of 2.3% for June 2024.<\/p>\n
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QUEEN King Charles III on Monday said that
\nParliament is the living and breathing instrument of our democracy. In his
\nfirst speech before the two houses of the Legislature at Westminster Hall, King
\nCharles said Queen Elizabeth II ‘set an example of selfless duty’ pledging to
\nfollow her example of commitment to a constitutional government. The coffin of
\nHer Majesty, Elisabeth II, was taken from the Palace of Holyroodhouse in
\nEdinburgh to St. Giles Cathedral with a procession attended by Charles and
\nroyal family members. The coffin will be flown to London on Tuesday and taken
\nto Buckingham Palace before being moved to the Palace of Westminster the next
\nday, where the queen will lie in state until her funeral on September 19. <\/p>\n
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ENERGY The European Commission is this week
\nexpected to present the set of proposals agreed upon in Friday’s meeting of EU
\nEnergy Ministers, designed to combat the energy crisis. The package might
\ninclude a cap on energy prices and taxing the excess profits of fossil fuel
\ncompanies and redistributing the revenues to state-aid schemes. Romania’s
\nEnergy Minister, Virgil Popescu, says Romania supports a balanced approach
\ntowards all Member States. Capping natural gas prices at community level would
\nsignificantly curb volatility on the EU energy market, the Romanian official
\nsaid.<\/p>\n
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(bill)<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
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