Latest News from Romania

Turkish Stream Undermines European Energy Security

The US State Department expressed its strong opposition to the Turkish-Russian TurkStream gas pipeline saying that together with the Nord Stream 2 they undermine the European energy security and serve only the Russian interests.

Assets of optional pension funds top 2.8 bln lei as of November 27, 2020

As of November 27, 2020 optional pension funds held assets worth over 2.8 bln lei, up 15.26 percent YoY, the Financial Supervisory Authority (ASF) announced. Government securities account for the highest share of this amount, with 1.825 bln lei (64.10 pct), followed by stocks with 712.819 mln lei (25.03 pct) and units in collective investment undertakings with 93.556 mln lei (3.29 pct).

Spanish Delivery Service Glovo Wants to Set Foot in Bulgaria

The shutdowns of malls and restaurants first in March and then in end-November has seriously impacted the trade and hospitality industry but at the same time offered the companies new opportunities for rechanneling greater part of their business to online services.

Assets of privately managed mandatory pension funds at roughly 73.145 bln lei as of end November

Assets of mandatory privately managed pension funds amounted to over 73.145 billion lei as of November 27, 2020, up 20 percent YoY, shows data of the Financial Supervisory Authority (ASF). Government securities account for the largest share in assets with 49.73 billion lei (68 pct), followed by stocks with 15.158 billion lei (20.72 pct) and corporate bonds with 2.98 billion lei (4.07 pct).

GCS: 5,719 new COVID-19 cases; tests in past 24 hours - 34,343

A number of 5,719 new cases of people infected with SARS-CoV-2 have been recorded in the past 24 hours, following the performance of 34,343 tests at national level, the Strategic Communication Group (GCS) informs on Wednesday. These are cases that have not previously had a positive test, says GCS.

Another Balkan Country Rocked by Quake – Magnitude 4 Tremor in Romania

A magnitude 4 earthquake on the Richter scale was registered at 1.50am on Wednesday in Olt region, southern Romania. The quake was at a depth of 10 km and was felt in Pleven, Bulgaria.

No casualties or destruction have been reported.

Since the beginning of the year, seven earthquakes with magnitude from 2 to 4 on the Richter scale have been recorded in Romanian.

 

WB revises downwards its projections for Romanian economy's 2021 recovery

The Romanian economy is expected to grow 3.5 percent this year, after a contraction of 5 percent in 2020, and is next seen picking up to 4.1 percent in 2022, according to the World Bank's January 2021 Global Economic Prospects, the financial organization's latest report on the outlooks for the world economy.

Rd 86 pct of Romanian citizens believe women and men have equal rights (survey)

Round 86 pct of Romanian citizens believe that women and men have equal rights, according to an opinion barometer conducted in order to measure the public perception of the SDG5 Sustainable Development Goal - Gender Equality. "Nearly three quarters of respondents (73 pct) consider that gender does not matter in working relationships.

Third stage of anti-COVID vaccination, for general population, could begin in April

The third stage of vaccinating against COVID, for the general population, could begin in the month of April, declared, on Tuesday, the chairman of the National Committee for the Coordination of Vaccination Activities, Dr. Valeriu Gheorghita. "Regarding the third stage of vaccination, we estimate it somewhere around early April.

GCS: 4,729 new cases of COVID-19; tests performed in past 24 hours - 31,022

A number of 4,729 new cases of people infected with SARS-CoV-2 have been registered in the past 24 hours, following 31,022 tests conducted nationwide, the Strategic Communication Group (GCS) reported on Tuesday. These are cases that have not previously tested positive, says GCS. As of Tuesday, 648,288 cases of people infected with the novel coronavirus have been confirmed in Romania.

Nearly Half of Bulgarians Live in Crammed Dwellings

A little over 41 percent of Bulgarians live in overcrowded dwellings, according to the latest data from the European statistical office Eurostat. This means that they do not have sufficient number of rooms for the size of their household.

Pages