Cosmin Marinescu

The economy of the European Union (EU) is expected to advance 4.2% this year, and against this backdrop, Romania's Gross Domestic Product (GDP) returned its levels of before the COVID-19 pandemic, together with Estonia, Ireland and Lithuania, at the end of the first quarter of 2021, said on Tuesday presidential adviser Cosmin Marinescu at the National Recovery Forum.

President Klaus Iohannis says that forecasts show that 2021 bodes well for Romania's economic rebound and that our country is on par with France in the EU's ranking by the estimated economic growth. "2020 was for the entire planet the year of the COVID-19 pandemic, a period during which the economies of all states experienced an unprecedented crisis.

Prime Minister Ludovic Orban, ministers of his Cabinet and presidential adviser Cosmin Marinescu are participating, at this hour, in a videoconference on the necessary economic measures to restrict the economic impact of the new coronavirus pandemic.

President Klaus Iohannis on Monday sent a message to the participants in the "Innovation Labs 2019 - Demo Day" event, in which he drew the Government's attention "not to sacrifice the economic future" of Romania and also made an appeal to the young to get involved in politics. "Romania has everything that it needs to become a regional innovation hub.

Minister of Public Finance Eugen Teodorovici said on Wednesday that Romania is at "top level" in Europe in terms of economic growth and does not know on what data President Klaus Iohannis relies when he says that our country goes in the wrong direction from an economic point of view. "I do not know what other evidence should be brought for the president and other analysts to be convinced.

Romania is missing a clear, smart and long-term vision of entrepreneurial development with models of sound economic growth, that was a message from President Klaus Iohannis delivered on Thursday by presidential advisor Cosmin Marinescu at the "Women in Economy" Gala organised by the National Confederation of Female Entrepreneurship.

The new ministers of Education, Defence, Labor and Social Justice, Economy, Culture and National Identity, Communications and Information Society, as well as that of Youth and Sports have been sworn in, on Tuesday, at the Cotroceni Presidential Palace in front of President Klaus Iohannis.

Romania currently has some of the highest rates of economic growth at European level, but it is also witnessing a widening of imbalances in terms of macroeconomic sustainability, according to a message by President Klaus Iohannis to the opening of a convention of the Congress of the Body Romania's Expert Accountants and Chartered Accountants (CECCAR) in the context of the 100th annivers

President Klaus Iohannis has received on Wednesday, at the Cotroceni Palace, his Portuguese counterpart, Anibal Cavaco Silva, who is on a state visit to Romania.

President Klaus Iohannis (R) and his wife Carmen flank Portuguese President Anibal Cavaco Silva and his wife Maria while the national anthems of Romania and Portugal are rendered

President Klaus Iohannis welcomed his Turkish counterpart Recep Tayyip Erdogan at the Cotroceni Palace on Wednesday, as part of the latter's official visit to Romania.

Photo credit: (c) Alex MICSIK / AGERPRES PHOTO

President Klaus Iohannis and his wife Carmen Iohannis welcomed the Turkish President and his wife.