August 18, 2022

august 18, 2022 A roundup of domestic and international news

Budget. The Romanian Government has approved today the first budget adjustment of the year, which is positive and based on an increase in the Gross Domestic Product of approximately 30 billion lei (6 billion euros) to the general consolidated budget Following the budget adjustment, the ministries of Finance, Labor and European Projects will receive more money. The measures taken by the Executive to support the economy and the citizens, in the context of the very high increase in inflation, have priority. These measures include a support scheme for compensating electricity and natural gas prices, as well as state subsidies for the diesel fuel used in agriculture and guarantees for loans contracted by farmers.


Inflation. The annual inflation rate in the euro zone stood at 8.9% in July, up from 8.6% the previous month, while in the European Union it rose from 9.6% to 9.8%, according to data published today by Eurostat. The member countries with the highest inflation rates are Estonia, Latvia, Lithuania, the Czech Republic, Bulgaria, Hungary, Poland and Romania. In July, in Romania, the annual inflation rate remained at 13%, while in July last year, the annual rate was 3.8%. At the opposite pole, the EU member countries with the lowest inflation are Malta and France (both with 6.8%) and Finland (8%).


Program. In Romania, the "Women Entrepreneur" program is launched today, which aims to encourage and stimulate small and medium-sized enterprises founded and managed by women. According to the authorities, just over 35% of entrepreneurs are women, and approximately 785 companies will benefit from this program this year. The maximum budget allocated to the program in 2022 stands at around 157 million lei (about 31 million euros), each company being able to benefit from about 200,000 lei (40 thousand euros). The "Women Entrepreneur" program also contributes to achieving one of the OECD standards - gender equality in the entrepreneurial field.


Visit. The Romanian Foreign Minister, Bogdan Aurescu, is visiting Prague today, at the invitation of his counterpart, Jan Lipavsky, in the context of the Czech Republic holding the Presidency of the Council of the European Union. According to a press release from the Ministry of Foreign Affairs, the discussions focus on Romanian-Czech cooperation within the Union, with an emphasis on coordinating the positions of the two states. The two will also address the multiple implications of Moscow's illegal war in Ukraine, including from the perspective of managing the food crisis, energy security and the steps necessary to reduce energy dependence on Russia. Bogdan Aurescu and Jan Lipavsky also discuss the cooperation between Romania and the Czech Republic within NATO, with an emphasis on the consolidation and efficiency of the deterrence and defense posture on the Eastern Flank.


Athletics. Romanian athlete Bianca Florentina Ghelber won the gold medal in the hammer throw event, on Wednesday, at the European Athletics Championships in Munich. Ghelber (32 years old), ranked sixth at the Tokyo Olympics last year, won the final in Munich with 72.72 meters, ahead of the Polish Ewa Rozanska, 72.12 m, and the Italian Sara Fantini, 71.58 m. Thus, Romania won the first continental gold medal in athletics after a break of 20 years. Also in Munich, Romania secured new medals at the individual European Table Tennis Championships, in the women's doubles event. Four Romanians are in the semifinals, the phase that secures the bronze medals, so there will definitely be at least one player in the finals. Romania has already got a silver medal at the European Table Tennis Championships in the mixed doubles event, won by Bernadette Szocs and Ovidiu Ionescu.


Champion. Romanian champion David Popovici, gold medalist in the 100m and 200m freestyle events, was named the best athlete in the men's swimming events at the European Swimming Championships in Rome, according to the Romanian Swimming and Modern Pentathlon Federation. In a score-based ranking, following the best performances in the competition, David Popovici came in first in the men's category with 1,003 points, while in the women's category the Lithuanian Ruta Meilutyte was the first with 985 points. At only 17 years old, David Popovici became, on Saturday, in Rome, the world record holder in the 100 m freestyle with 46 seconds and 86 hundredths. Later, on Monday, he also won the gold medal in the 200 m freestyle. With 1 minute 42 seconds and 97 hundredths, he set, also in this event, a new world and European record. (MI)



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Publicat: 2022-08-18 13:55:00
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