Simona Klodnischi

PM Orban puts to rest Fiscal Council's concerns over possible widening of 2020 budget deficit

Prime Minister Ludovic Orban said on Thursday that he understands the concerns expressed by the Fiscal Council regarding the possible increase of the budget deficit, but assured that "there is no risk" for this to happen in 2020.

FP Portfolio Manager Meyer: One-off chance for Romania to shine this year despite economic slowdown

Romania has a one-off chance to shine this year, despite an economic slowdown compared to the previous years, says Johan Meyer, CEO of Franklin Templeton Investment Management Limited UK Bucharest Branch and Fondul Proprietatea co-Portfolio Manager. "30 years after the fall of the communist regime, Romania seems well anchored to the European values and on a clear path of economic development.

Head of 'Elie Wiesel' Institute: No one can guarantee anti-Semitism won't become again manifest in Romania

No one can guarantee that anti-Semitism won't become manifest again in Romania, director of the "Elie Wiesel" Institute, Alexandru Florian, said at an event organised on Tuesday in remembrance of the January 21 - 23, 1941 pogrom in Bucharest.

Romania's 2019 real estate investments top the 1-billion euro line (survey)

Romania's real estate investments went past the 1-billion euro line in 2019, standing 7 percent higher than in 2018, shows data of the research department of the real estate consulting company CBRE Romania. Last year's roughly 1.06 billion euro worth of investments mark a five-year high on the Romanian real estate market.

PM Orban says all benefit increases must rely on solid economic growth to keep deficit unaffected

Prime Minister Ludovic Orban said on Monday that pensions will increase because the necessary amounts are earmarked in the state budget, but that whether child allowances will rise depends on the available financial resources, because the budget deficit must not be affected. "We will increase the pensions, we'll raise child allowances.

EnvirMin announces kickstart, this spring, of Romania's broadest ever afforestation campaign

Minister of Environment, Water and Forestry Costel Alexe announced the kickstart, this spring, of the broadest ever degraded land afforestation campaign, aimed at soil protection, restoring the hydrological balance and improving environmental conditions.

Iohannis: Romania supports EU efforts, higher involvement in Middle East de-escalation

Romania supports the efforts of the European Union - which needs to get more involved, of its strategic partners and of the international community to de-escalate the situation in the Middle East, favor dialogue and seek sustainable solutions in the region, President Klaus Iohannis said on Thursday at the meeting with the diplomatic mission heads accredited in Bucharest.

ALDE's Tariceanu: Romania's liberal movement can be further strengthened

Chairman of the Alliance of Democrats and Liberals (ALDE) Calin Popescu-Tariceanu believes that the Liberal movement in Romania can be strengthened in the future, emphasizing that in the 30 years since the recreation of the National Liberal Party (PNL) he has done everything in his power to stay true to the liberal ideas.

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