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February 12, 2024 UPDATE

A roundup of local and international news.

Newsflash
Newsflash

, 12.02.2024, 19:49

Elections. The
Social Democratic Party and the National Liberal Party, in the ruling coalition,
on Monday failed to reach an agreement on a proposal to hold local elections at
the same time as elections for the European Parliament, on June 9. The
coalition is also considering the possibility of holding the parliamentary
elections on the same date as one of the presidential elections rounds. Prime
Minister Marcel Ciolacu wants a clear timetable for the ballots scheduled for
2024, when all types of elections are taking place. The parties in the opposition
are against the proposals, saying the move would benefit the ruling parties. Both
the alliance between the Save Romania Union, the Force of the Right and the
People’s Movement Party and the Alliance for the Union of Romanians said holding
two types of elections on the same date is undemocratic and unconstitutional.






Hospitals. 18
hospitals from Bucharest and around the country were impacted by a cyber attack
on their IT services provider. The National Directorate for Cyber Security said
the attackers encrypted the hospitals’ data and requested ransom. The cyber
attack was confirmed by the health ministry. Security measures, including
limiting the use of the Internet and saving data on external devices, were
taken in all hospitals using this type of information system, called Hipocrate,
which links medical activities in hospitals to the Insurance House.




Salaries. The
average net salary in Romania in December 2023 rose to around 1,000 euros, up
by 6.6% compared to November 2023, according to the National Institute for Statistics.
The highest salary increases were recorded in coke-making area and the
manufacturing of products obtained from the processing of crude oil, namely
more than 2,500 euros, while the lowest increases were reported in the
hospitality sector, with over 560 euros. Fluctuations in annual revenues are
mainly related to the distribution of annual and holiday bonuses, particularly
in the reference months (December and March or April).




Defence. The
president of Romania, Klaus Iohannis, has called a meeting of the Supreme Defence
Council for February 21, according to a statement from the president’s office.
The agenda includes the latest security developments in the Black Sea region in
the context of Russia’s war of aggression against Ukraine, the progress made in
the area of defence planning, especially with respect to army modernisation
programmes and efforts to mobilise more military staff, as well as staff
retention. The meeting is also expected to discuss a report on the activity of
the Cyber-Security Operative Council in 2023 and the 2023 activity report of
the Supreme Defence Council and tackle topical international issues.






Finland. Romania’s president Klaus iohannis
congratulated his new Finnish counterpart Alexander
Stubb on winning the second round of the presidential elections on Sunday.
Iohannis said he was looking forward to work together with Stubb and develop
the close European partnership between Romania and Finland and to defend the
two countries’ Euro-Atlantic values. With 51.5% of the votes, Stubb, a former
Conservative prime minister, defeated his rival, the former foreign minister of
the Green League Pekka Haavisto, who got 48.4% of the
votes. The new president will take over on 1st March. These were the
first presidential elections since Finland’s entry into NATO, last year. (CM)

Newsflash
Newsflash Monday, 16 February 2026

February 16, 2026

Government. The four-party coalition government in Bucharest intends to adopt this week, most likely on Thursday, the public administration reform...

February 16, 2026
February 15, 2026 UPDATE
Newsflash Sunday, 15 February 2026

February 15, 2026 UPDATE

PEACE Romania’s President, Nicusor Dan, has announced his intention to participate in the first proceedings of the Board of Peace in Washington...

February 15, 2026 UPDATE
Newsflash
Newsflash Sunday, 15 February 2026

February 15, 2026

RATING Fitch rating agency has affirmed Romania’s Long-Term Foreign-Currency Issuer Default Rating at BBB- with a negative outlook. According to...

February 15, 2026
February 14, 2026 UPDATE
Newsflash Saturday, 14 February 2026

February 14, 2026 UPDATE

Rating. Fitch Ratings on Friday affirmed Romania’s sovereign rating at ‘BBB-‘ with a Negative Outlook, the agency said in a...

February 14, 2026 UPDATE
Newsflash Saturday, 14 February 2026

February 14, 2026

Rating. Fitch Ratings on Friday affirmed Romania’s sovereign rating at ‘BBB-‘ with a Negative Outlook, the agency said in a...

February 14, 2026
Newsflash Friday, 13 February 2026

February 13, 2026 UPDATE

Romania’s economy is in technical recession, INS warns Romania’s economy grew by 0.6% in 2025, but was in technical recession at the end of the...

February 13, 2026 UPDATE
Newsflash Friday, 13 February 2026

February 13, 2026

Economy. Romania’s economy grew by 0.6% in 2025, but was in technical recession at the end of the year, after its GDP fell two quarters in a...

February 13, 2026
Newsflash Thursday, 12 February 2026

February 12, 2026 UPDATE

European Council meeting – The President of Romania, Nicuşor Dan, participated on Thursday at the Alden Biesen Castle in Belgium, in an...

February 12, 2026 UPDATE

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