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January 14, 2014 UPDATE

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January 14, 2014 UPDATE
January 14, 2014 UPDATE

, 14.01.2014, 20:04

POLITICS – Last week’s visit to Bucharest by the American Assistant Secretary of State Victoria Nuland is a signal of maximum concern in the USA with the rule of law in Romania, President Traian Basescu told a press conference on Tuesday. He said the current executive and legislative power in Romania continues to attack the independence of the judiciary, which may get Romania isolated at international level. The President added that, with the credibility of the judiciary undermined, Romania reverts to where it was in 2000, when there were question marks regarding its compliance with the Copenhagen criteria.



ECONOMY – Last year Romania’s economic growth was “close” to 3%, above government estimates, after consumption rates improved in the last quarter, Minister Delegate for the Budget, Liviu Voinea, told Bloomberg on Tuesday. Voinea added that the previous letter of intent that Bucharest sent to the IMF, and a new one to be discussed this month, are to be analysed by the board of the institution and approved in the spring of 2014. At the end of last year, president Traian Băsescu would not sign the letter of intent, because of divergences over the fuel excise. An IMF mission is expected to arrive in Bucharest in the second half of January.



EU – The European Parliament’s Committee on Civil Liberties, Justice and Home Affairs Tuesday endorsed a report that calls for sanctions, including the freezing of community funds, for those states that breach the Copenhagen criteria and European values, reads a news release issued by the EP. The European Commission must “immediately” set up a new system to monitor the compliance of all EU member countries with the accession criteria and the European values. The vote in the European Parliament plenary meeting might be held in the next session, of February 24th to 27th.

May 20, 2026 UPDATE
Newsflash Wednesday, 20 May 2026

May 20, 2026 UPDATE

CONSULTATIONS Romania’s president Nicuşor Dan will continue consultations with political parties on Thursday to appoint a new prime minister,...

May 20, 2026 UPDATE
Newsflash
Newsflash Wednesday, 20 May 2026

May 20, 2026

Government. Romanian President Nicuşor Dan will on Thursday continue consultations with political parties to appoint a new prime minister, after...

May 20, 2026
May 19, 2026 UPDATE
Newsflash Tuesday, 19 May 2026

May 19, 2026 UPDATE

EUROPEAN ORDER – The President of the Republic of Moldova, Maia Sandu, received the European Order of Merit on Tuesday in Strasbourg, during a...

May 19, 2026 UPDATE
Newsflash
Newsflash Tuesday, 19 May 2026

May 19, 2026

INFLATION The National Bank expects inflation to continue to rise in Q2, falling to 5.5% at the end of the year, higher than previously estimated,...

May 19, 2026
Newsflash Monday, 18 May 2026

May 18, 2026 UPDATE

Consultations. Romanian President Nicuşor Dan announced on Monday evening that he would continue the series of consultations until a government...

May 18, 2026 UPDATE
Newsflash Monday, 18 May 2026

May 18, 2026

CONSULTATIONS – Romanian President Nicuşor Dan is holding official consultations with parliamentary parties today to appoint a new prime minister....

May 18, 2026
Newsflash Sunday, 17 May 2026

May 17, 2026 UPDATE

RATING Romania keeps its investment-recommended rating and authorities consider the decision a major vote of confidence for the economy. The...

May 17, 2026 UPDATE
Newsflash Sunday, 17 May 2026

May 17, 2026

RATING Romania keeps its investment-recommended rating and authorities consider the decision a major vote of confidence for the economy. The...

May 17, 2026

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