Mariana Nica

Romanian authorities seize smuggled cigarettes worth approx 15 million euros in 2019

Over 150 million smuggled cigarettes, worth 71 million lei (Rs 15 million euros), were seized by the Romanian authorities in 2019, the equivalent of a 40 pct increase compared to the previous year, shows data centralized by the Stop Smuggling portal, quoted by the British American Tobacco (BAT) in a press release, sent to AGERPRES on Friday.

ANM issues Code Yellow advisory for strong winds for 19 counties,valid until Monday, at 22:00hrs

The National Meteorological Administration (ANM) has issued a Code Yellow advisory for strong winds reaching speeds of 55 - 65 km/h, valid until 22:00hrs for the Dobrogea area, the eastern half of Muntenia and south of Moldavia.

Assets of optional pension plans exceed 2.43 billion lei, as of Oct. 31, 2019

The optional pension plans had assets worth over 2.43 billion lei, as of October 31, 2019, up 21.7% from the same period of 2018, according to the Financial Supervisory Authority (ASF). Government securities held the highest share in the assets, of 1.373 billion lei, which is 56.4%. Second came stocks, at 600.509 million lei (24.67%).

BNR Governor Isarescu: Economy has grown the fastest after 2000

Romania's economy has grown the fastest after 2000, but we have a tendency to press hard on the accelerator, not to be cautious and there is a slippage that means divergence, Mugur Isarescu, the governor of the National Bank of Romania (BNR) told a Monday's specialist conference. "We are now, at the end of the year, in the ninth year of economic growth.

FinMin says budget revision around 26-27 Nov; to take into account 4pct deficit

The budget revision for 2019 will be made in the last week of November with a 4 percent deficit, Finance Minister Florin Citu stated on Thursday evening. "The budget revision for 2019 will be around 26 November, 27 November, thus, in the week before 30 November, in the first part of that week. This revision will have a 4 percent deficit.

Junior Achievement Romania starts NEETs in Entrepreneurship training sessions

The first youth not in employment, education or training (NEETs) have participated in training courses for labour market insertion, organized by Junior Achievement Romania in the NEETs in Entrepreneurship hub, a transnational project that facilitates the professional insertion of young people from Bulgaria, Italy, Romania and Spain.

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