TALKS At the end of the visit he paid to Brussels Romanian Prime
\nMinister Nicolae Ciuca announced he agreed with the president of the European
\nCommission, Ursula von der Leyen, that it is possible to replace the 9.4% GDP
\ncap for pension expenses within Romania’s National Plan of Recovery and Resilience
\nwith another indicator, which takes into account the World Bank survey and with
\na financial discipline indicator. At the same time, the Prime Minister also
\nheld talks with the EU commissioner for transports, Romanian Adina Valean,
\nafter he had earlier met the delegation of the Romanian MEPs. Besides his
\nofficial agenda, on Wednesday he met Romanian and Belgian business people. The
\ntalks the Romanian official held in Brussels focused on Romania’s accession to
\nSchengen. Ciuca said that all his interlocutors had underlined the support
\nRomania enjoys to continue and complete the process of entering Europe’s border-free
\narea. <\/p>\n
<\/p>\n
MONEY The European Commission on Thursday paid the 2.6 billion
\nEuros of the first request submitted by Romania as part of the Mechanism of
\nResilience and Recovery and the money is already in Romania’s accounts, the
\nMinistry of Investment and European projects has announced. The sum, made up of
\n1.8 billion Euros in grants and 0.8 billion in loans, has become available
\nafter Romania has met the 14 required objectives. ’27 October 2022 is a
\nhistoric day for Romania, as it’s not only the moment confirming the
\nappreciation of the consolidated efforts at the governmental level but also the
\nproof that we have started off on the road of reforms in the fields of sustainable
\nmobility, curbing carbon-dioxide emissions, education and healthcare’, field
\nminister Marcel Bolos says. <\/p>\n<\/p>\n
<\/p>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/p>\n
RATE The unemployment rate in Romania stood at 2.88% in late
\nSeptember, 0.03 down as compared to the same period last year. According to
\ndata published by the National Agency for Employment, the number of the jobless
\nis on the rise compared to the previous month; these are mainly people with
\nages between 40 and 49 and less than 5% of them boast a university degree. <\/p>\n
<\/p>\n
\n
\n
\n
\n
\n
\n
\n
<\/p>\n
DAY Orthodox Christians, who are in the majority in
\nRomania, on Thursday celebrated St Dmitry the New, the protector saint of
\nBucharest. The Patriarchal Cathedral has been home to the saint’s relics since
\n1774. Dmitry the New was a monk born in the 12th century in the
\nvillage of Basarbovo, near the Bulgarian city of
\nRuse. The legend has it that after his death, the monk appeared in the dream of
\na sick young woman indicating the place where she would find his grave and that
\nif she touched his body she would recover. The villagers dug out the place
\nindicated in the dream and found the unaltered body of the monk. <\/p>\n
<\/p>\n
\n
\n
\n
\n
\n
<\/p>\n
PRICES Energy prices are to decline by 11% next year
\naccording to a World Bank projection. The slower pace of world economic growth
\nand the COVID restrictions in China may lead to a deeper fall, the World Bank
\nalso notes. Energy prices will still be 75% higher than the average of the last
\nfive years. The level of global debt, which exceeds 300 thousand billion
\ndollars, must be kept in check, or more people will face poverty. The World
\nBank head David Malpass told the BBC that supporting and stimulating economies
\nwas the best solution during the pandemic, but that the consequences of those
\nexpenses are beginning to appear in the form of a rise in inflation and
\ninterest rates. Any future support, including helping people cope with energy
\nbills, must be clearly targeted, he recommended. <\/p>\n
(bill)<\/span><\/p><\/p>\n","protected":false},"excerpt":{"rendered":" Click here for a roundup of domestic and international news<\/p>\n","protected":false},"author":113,"featured_media":105194,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[22],"tags":[35241,37151,28915,37150,1774,30268,35436],"coauthors":[],"class_list":["post-106258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsflash","tag-bank","tag-basarbovo","tag-bucharest","tag-dmitry","tag-spania-transport-aerian-masti-de-protectie-tip-ffp-2","tag-unemployment","tag-world"],"acf":[],"yoast_head":"\n