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December 13, 2022 UPDATE

A roundup of local and international news.

NEWSFLASH
NEWSFLASH

, 13.12.2022, 19:49

Budget.
Parliament’s joint budget and finance committees on Tuesday issued a favourable
report on the 2023 state budget, approving several amendments to the initial version
submitted by the government. Earlier, the committees also approved the social
security budget bill. Both bills will next be debated by both chambers of
Parliament on Wednesday. The state budget is based on an economic growth rate
of 2.8%, an inflation rate of 8% and a deficit of 4.4% of GDP.






Inflation.
The annual inflation rate went up in Romania to 16.8% in November from 15.3% in
October. According to data published on Tuesday by the National Institute for
Statistics, food products saw the highest rise in prices, at 22%, followed by
non-food products, whose prices went up by 16% and services, which rose by 10%.
These figures are higher than the level forecast last month by the National
Bank governor Mugur Isarescu for the end of the year, namely 16.3%




Schengen.
The European commissioner for home affairs Ylva Johansson on Tuesday told a
debate in the European Parliament in Strasbourg that obtaining Romania’s and
Bulgaria’s accession to the Schengen area will remain her priority and that she
is determined to achieve this next year. She again expressed dissapointment at
the decision of the Justice and Home Affairs Council last Thursday to reject
the entry of Romania and Bulgaria, especially as the two countries have met the
accession criteria for the last 11 years. She emphasised that throughout this
period, they have contributed to building an efficient Schengen area in the
context of the pandemic and the war in Ukraine. The Czech youth, education and
sports minister Vladimir Balas who represented the Czech presidency at the EU
Council, reiterated his conviction that the two countries deserve to join
Schengen. Romania’s president Klaus Iohannis on Tuesday described his country’s
being blocked from entering the Schengen area as regrettable and unjustifiable.
At a meeting with EU ambassadors in Bucharest, he said the refusal was contrary
to the reality demonstrated by solid facts and the European Commission’s
reports showing Romania’s positive results in protecting the Union’s external
border and controlling illegal migration.




Medal.
Romania’s Loredana Toma won two gold medals at the World Weightlifting
Championships hosted by the Colombian capital Bogota, in the competition’s 71
kg snatch and total. She snatched 119 kg, setting a new world record, according
to the Facebook page of the Romanian Weightlifting Federation. Romania won a
total of three medals at the Bogota Championships, the two gold by Toma and a
silver by Mihaela-Valentina Cambei in the snatch event, in the competition’s 49
kg category. 537 athletes from 93 different countries have taken part in the
World Championships in Bogota, which is the first event counting towards
qualification for the Paris Olympic Games in 2024. Romania was represented by
six athletes, four in the women’s and two in the men’s competitions. (CM)

April 3, 2026 UPDATE
Newsflash Friday, 03 April 2026

April 3, 2026 UPDATE

FUEL – The Bucharest Government has approved the second package of intervention measures on the fuel market, after the decision to cap the...

April 3, 2026 UPDATE
Newsflash
Newsflash Friday, 03 April 2026

April 3, 2026

Artefacts. The Dacian helmet from Coţofeneşti and two gold bracelets were recovered and handed over to Romania on Thursday, after they were stolen...

April 3, 2026
Newsflash
Newsflash Thursday, 02 April 2026

April 2, 2026 UPDATE

Heritage – “The golden helmet from Coţofeneşti and the Dacian bracelets, treasures of Romania’s heritage, 2,500 years old, are...

April 2, 2026 UPDATE
Newsflash
Newsflash Thursday, 02 April 2026

April 2, 2026

GOVERNMENT – Romania has officially been dealing with a fuel crisis since April 1st, due to the war in the Middle East. Consequently, a fuel...

April 2, 2026
Newsflash Wednesday, 01 April 2026

April 1, 2026 UPDATE

FUELS Petrol and diesel prices dropped on Wednesday at the stations of the main fuel distributor in Romania, OMV Petrom, after a government order...

April 1, 2026 UPDATE
Newsflash Wednesday, 01 April 2026

Ordinance. Gasoline and diesel prices fell today at the stations of Romania’s leading fuel distributor—OMV Petrom—following the entry into...

Newsflash Tuesday, 31 March 2026

March 31, 2026 UPDATE

Government. On Tuesday, the Romanian Government adopted an emergency ordinance extending the cap on markups for basic foodstuffs until June 30. “We...

March 31, 2026 UPDATE
Newsflash Tuesday, 31 March 2026

March 31, 2026

Moldovan PM visits Bucharest Moldovan Prime Minister Alexandru Munteanu is paying an official visit to Bucharest. He is attending a conference...

March 31, 2026

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