BANK Romania’s Central Bank (BNR) has
\nagain raised the annual key interest rate from 6.25 to 6.75%, the highest level
\nin the past 12 years, since March 2010. The Bank has resorted to the move after
\nthe latest price hikes in electricity and food, brought the inflation rate in
\nSeptember up to almost 16% over the level initially forecast. Prices slightly
\ndecreased thanks to a drop in the oil price, says the BNR, which expects the
\neconomic activity to stall in the last months of this year. The Central
\nEuropean Bank and the US Federal Reserve have also decided to raise interest
\nrates in an attempt to keep inflation at bay. <\/p>\n
<\/p>\n
\n
\n
\n
\n
\n
\n
\n
<\/p>\n
VISIT Croatia and Romania are very much
\nalike from the political and national points of view, the president of the
\nCroatian Parliament Gordan Jandrokovic said on Tuesday. In the speech he
\ndelivered before the Romanian Parliament, the Croatian official said that both
\ncountries are focusing on a full European integration by joining the
\nborder-free area of Schengen and by getting membership in the Organisation for Economic
\nCooperation and Development. In turn the president of the Chamber of Deputies,
\nMarcel Ciolacu said the two countries are supporting each other at both the
\nEuropean and bilateral levels. During his formal visit to Romania, Goran
\nJandrokovic also met the interim Senate president Alina Gorghiu. Romanian Prime
\nMinister Nicolae Ciuca and Gordan Jandrokovic have tackled the potential of
\nbilateral cooperation between the two countries and have reiterated the joint
\ncommitment to staying close to Ukraine and supporting the Republic of Moldova. According
\nto the central state bureau in Zagreb, there over six thousand Croatians in
\nRomania, while 5,408 people in Romania have identified as being Croatians at
\nthe census in 2011. <\/p>\n
<\/p>\n
\n
\n
\n
\n
\n
\n
\n
<\/p>\n
CLIMATE The 2022 UN
\nClimate Change Conference continues in Sharm-el-Sheikh, Egypt. World leaders are under pressure to
\nstrengthen their commitment to combating global warming and providing financial
\nsupport to poor countries, which are suffering the most. The President of
\nRomania, Klaus Iohannis, has said that Bucharest supports the leadership role
\nassumed by the European Union in terms of limiting these changes and the joint
\ncommitment to reducing net greenhouse gas emissions. A report published today
\nand commissioned by the presidency of the COP (Conference of the Parties to the
\nUnited Nations Framework Convention on Climate Change) shows that southern
\ncountries will need more than 2000 billion dollars a year, until 2030, to
\nfinance their climate actions, of which almost half from foreign investors. <\/p>\n
<\/p>\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
<\/p>\n
DAY Orthodox
\nbelievers in Romaniaon Tuesday celebrated
\nthe Saints Archangels Michael and Gabriel, known as the leaders of the
\ncelestial armies and guides of souls to Heaven. Almost 1.5 million Romanians
\ncelebrate their name on November 8th. In Romania, about 633 thousand women and over
\n821 thousand men bear the name of Gabriel\/Gabriela or Mihai\/Mihaela or their
\nderivatives.<\/p>\n
\n
\n
\n
\n
\n
\n(bill)<\/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":[29276,37184,36427,37183],"coauthors":[],"class_list":["post-106282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsflash","tag-croatia","tag-gordan","tag-gorghiu","tag-jandrokovic"],"acf":[],"yoast_head":"\n