Prime minister Ludovic Orban said on Friday in southern Craiova that Romania's economy "is on the rebound", showing that data published by the National Statistics Institute (INS), according to which the economy registered a decline of 12.3 pct in the second quarter of this year compared to the first quarter, are better than the pessimistic forecasts made by economists.
As many as 1,415 new cases of people infected with SARS-CoV-2 were recorded since the last reporting, following national tests, so the total number of infected persons rose to 68,046, the Strategic Communication Group reported on Friday. These are cases that have not previously had a positive test, the GCS states.
Prime Minister Ludovic Orban announced Friday that the government will adopt a decision to increase pensions by 14 percent, adding that rising retirement benefits was a "difficult decision", but that the Executive commits to this measure and provides guarantees that the amounts will be effectively paid. "The health crisis has caused an economic crisis.
Romania's economy shrank by 12.3 percent in the second quarter of this year compared to the first quarter, according to data released on Friday by the National Institute of Statistics. Compared to Q2 2019, the Gross Domestic Product fell 10.5 percent both in gross and seasonally adjusted terms.
The wholesale trade turnover increased by 4 pct in the first half of this year compared to the same period in 2019, the most important contribution to this increase coming from wholesale trade in raw agricultural products and live animals, according to data published on Friday by the National Statistics Institute (INS).
The current account of the balance of payments registered a deficit of EUR 3.497 billion in the first six months of the year, compared to EUR 4.373 billion in the same period of 2019, shows data from the National Bank of Romania (BNR) published on Thursday.
As many as 1,454 new cases of people infected with SARS-CoV-2 have been recorded since the last report, following national tests, the Strategic Communication Group (GCS) announced on Thursday. These are cases that have not previously had a positive test, the GCS states. As of Thursday, 66,631 cases of people infected with the novel coronavirus had been confirmed in Romania.
The government will approve this Friday an emergency ordinance introducing certain amendments required for carrying out the budget adjustment, Finance Minister Florin Citu declared on Thursday upon leaving the opening of the Bucharest Stock Exchange trading session, in reply to reporters' questions as to which ministries will receive more money at the upcoming budget revision.
The mid-year consolidated net profit of the Bucharest Stock Exchange (BVB) Group was 10 percent higher, at 4.24 million lei, with the group's trading segment accounting for 75 percent of the amount, show the financial results released on Thursday.
The Bucharest Constituency Electoral Bureau unanimously approved the protocol for the creation of the USR PLUS Alliance in the Capital City and its sectors, USR PLUS said in a release. The Save Romania Union (USR) and the Liberty, Unity, Solidarity Party (PLUS) will run on joint lists for the Bucharest local sector councils and the city's General Council.