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Romanian Govt sets fiscal and budget strategy for 2020-2022. Key points
de Editorial Staff HotNews.ro
17:01 English | Top News
Romania's new Liberal government led by Ludovic Orban has adopted a fiscal and budget strategy for 2020-2022, accompanying the state budget for next year. Here are key points of the strategy.
ArcelorMittal plants threatens with suspended production over energy prices despite EU figures
de Editorial Staff HotNews.ro
9:17 English | Business
A Hunedoara, Romania-based plant controlled by ArcelorMittal has threatened to suspend production as a reaction to market conditions and high energy prices. The threat came a day after Romanian PM Ludovic Orban himself also talked about state assistance that should be given to siderurgic and petrochemical companies because of high energy and natural gas prices. But official figures are different than those circulated by the PM and ArcelorMittal.
Ukrainian Ambassador to Bucharest warns of risks over Russia's projecting its sphere of influence
de Editorial Staff HotNews.ro
9:22 English | Top News
What happens to Ukraine now is a projection of Russia over the former Socialist regions, a return to the sphere of influence that the Soviet Union used to have, Ukrainian Ambassador to Romania Oleksandr Bankov has said in an interview with HotNews.ro.
Top Romanian politicians who served prison sentences have been stripped of state honours
de Editorial Staff HotNews.ro
9:25 English | Top News
Romanian President Klaus Iohannis caused a stir this week with a decision to strip top personalities who have received prison sentences of their state honours. This comes after one of these personalities, in his capacity of recipient of a state order, showed up at a reception thrown by the Presidency for the National Day on December 1.
Romania to buy 5 more F16 fighters from Portugal, all of Romania's F16s to be modernised locally
de Editorial Staff HotNews.ro
9:18 English | Top News
Romania's Parliament has adopted a bill allowing for the acquisition of five more F16 figher planes from Portugal. The planes are due to go through a modernising process by the US. The planes would then join the other 12 F16s owned by Romanian Air Forces and all would go trough an upgrading process, most probably at the Aerostar Bacau plant.
S&P revises outlook on Romania to negative over deficits
de Editorial Staff HotNews.ro
10:12 English | Business
S&P Global Ratings has revised its outlook on Romania from stable to negative due to rising fiscal and external deficits, while affirming its long- and short-term foreign and local currency sovereign credit ratings at 'BBB-/A-3'. It pointed to planned wage and pension increases largely decided by the previous Social Democratic government as contributor to widening the country's current account deficit.
Romanian startup FintechOS raises $14 million in Series A investment
de Raluca Abrihan HotNews.ro
Marți, 10 Dec 2019 English | Business
FintechOS announced today that it has raised a 14 milion USD 14M Series A round to continue its hyper accelerated growth and further development of the platform, StartupCafe.ro reports.
Romanian govt to discuss key projects for which it plans to take responsibility
de Editorial Staff HotNews.ro
Marți, 10 Dec 2019 English | Top News
Romania's Liberal government is to discuss in a session on Tuesday a series of key projects for which it plans to take responsibility before the parliament - measures it describes as necessary to mend the harm done by the previous Social Democratic (PSD) majority.
In interview with Tass, Romanian ex-President Iliescu calls for normal relations with Russia
de Editorial Staff HotNews.ro
Marți, 10 Dec 2019 English | Regional Europe
Romania's first post-Communist President Ion Iliescu, who hasn't showed up in public for two and a half years, has given an interview to Russian state-controlled agency TASS in which he spoke, among other things, of the importance of more normal relations between the two countries, Romanian news channel Digi24 reports.
UPDATE Struggle over candidacy of maverick Nicusor Dan hits reformist Romanian opposition as it prepares for high-stakes Bucharest elections next year / Allies promise common candidates
de Editorial Staff HotNews.ro
Luni, 9 Dec 2019 English | Politics
With many months still to go until local elections take place in Romania, struggles have emerged within a key opposition alliance as preparations start for the Bucharest polls. The announcement of a maverick candidate for Bucharest mayor this weekend promises to reveal the capacity - or incapacity - of the opposition USR-PLUS alliance to really produce change.
- UPDATE The USR-PLUS alliance announced later on Monday that it would have common candidates for all city halls across the country. It said a timetable for candidate selection would be decided within weeks. For Bucharest, it said it would pick one between Vlad Voiculescu (PLUS) and Nicusor Dan (independent candidate supported by USR Bucharest).
Finance minister claims previous govt knew of 4% deficit, accuses them of acting against the interest of Romania
de Editorial Staff HotNews.ro
Luni, 9 Dec 2019 English | Top News
The Finance minister of Romania's new Liberal government on Monday accused his predecessor and the prime minister of the previous Social Democratic government of knowing well in advance and hiding prospects of a 4% deficit. "It was all premeditated, they put their personal interest above the interest of Romania," minister Florin Citu said.
Romania Govt considering ban on wood exports outside of EU as president speaks up on deforestation
de Editorial Staff HotNews.ro
Vineri, 6 Dec 2019 English | Top News
The Romanian government is considering a possible ban on log exports to countries outside of the EU, Environment minister Costel Alexe has told news channel Digi24. His statement comes after President Klaus Iohannis was quoted on Thursday as saying he was woried about the proportions of wood cutting in Romania, half of which is done illegally.
Bucharest: pollution limits exceeded as air monitoring suffers setbacks
de Editorial Staff HotNews.ro
Vineri, 6 Dec 2019 English | Bucharest
Official figures on air pollution in Bucharest, as announced by the official system monitoring air quality, show that pollution limits in Romania's capital city have been exceeded for 2018, according to news agency Mediafax. It quotes a Greenpeace Romania warning that the monitoring system does not work properly despite authorities knowing about setbacks.
Top government official says investors call for re-consideration of classified info on mineral and oil resources
de Editorial Staff HotNews.ro
Joi, 5 Dec 2019 English | Business
Romania's government would push for a re-consideration of categories of classified information regarding mineral, oil and gas resources. This comes at the request of investors in these sectors, which was made during working sessions with representatives of the government, a top government official said on Thursday.
Romanian PM Orban says simple way of life helped him live on little more than 500 Eur/month last year
de Editorial Staff HotNews.ro
Joi, 5 Dec 2019 English | Politics
New, Liberal Romanian PM Ludovic Orban claimed on Thursday he was a "simple man" with an "austere" living to explain how he managed to live on little more than 3,000 lei (some 650 euro ) per month last year, while his wife did not state any income at all. He made the statement after the figures appeared in the wealth statement he has submitted.
Disputed prosecutor withdraws from procedure to be named head of controversial judiciary body
de Editorial Staff HotNews.ro
Joi, 5 Dec 2019 English | Top News
A prosecutor who has failed for seven times to become head of a controversial new body aimed at policing the judiciary has withdrawn from the procedure to be nominated in that position. Prosecutor Alina Florea, who has faced fiece opposition, thus appears out of contention as head of the controversial Section charged with investigating Justice Crimes.
Plastic basins protest against widespread heating malfunctions in Bucharest
de Editorial Staff HotNews.ro
Joi, 5 Dec 2019 English | Bucharest
Dozens of people armed with plastic basins showed up before the Bucharest city hall on Thurday, to protest the massive fails in heating and hot water distribution which has affected the Romanian capital city for months.
Romanian MPs repel disputed compensatory appeal law blamed for release of thousands of criminals from jails
de Editorial Staff HotNews.ro
Miercuri, 4 Dec 2019 English | Top News
A draft bill to repel a law on compensatory appeal, which has allowed for the release of thousands of inmates before time, was voted by Romanian deputies on Wednesday.
Distraint set on Romanian energy major's shares over state debt to business brothers
de Editorial Staff HotNews.ro
Miercuri, 4 Dec 2019 English | Business
The business people of Romanian origin known as the Micula brothers and their companies have managed to set a distraint on 67 million shares held by the Romanian state in major energy company Nuclearelectrica. This comes as coverage for a debt amounting to Eur 395 million the Romanian state has to pay the Miculas.
Children reportedly raped in online shows for foreigners
de Editorial Staff HotNews.ro
Miercuri, 4 Dec 2019 English | Top News
Some 15 people are suspect of having engaged in sexual acts with their own children and and providing the resulting footage to American citizens through an online application. Prosecutors from Romania's key body dealing with organised crime DIICOT raided locations in Bucharest and the counties of Ilfov, Galati, Ialomita, Olt, Prahova and Iasi and confiscated telecom and data storage units.
Romanian pupils score poorly in PISA 2018 tests, prompting questions about capacity to use knowledge in everyday life
de Editorial Staff HotNews.ro
Marți, 3 Dec 2019 English | Top News
A little over 50% of Romanian pupils are able to use knowledge accumulated in school in their everyday lives, as shown in resuts of PISA 2018 tests published on Tuesday. In this edition of the tests, Romania scored even poorer results than in testing made in 2015 and 2018 in the program aimed at checking the capacity of pupils to adapt their knowledge to their social and economic lives.
Government approves budget correction with 4.4% budget deficit
de Editorial Staff HotNews.ro
Vineri, 29 Nov 2019 English | Top News
Romania's new Liberal Government has approved a draft budget correction with Finance minister Florin Citu announcing that it has set a budget deficit of 4.4% for the year. Two days ago, the deficit had been set to 4.3%, but supplementary changes to cover late payments in education and health have been made.
Leadership of Romanian Social Democrats changed after troubled talks
de Editorial Staff HotNews.ro
Miercuri, 27 Nov 2019 English | Politics
The leadership of Romania's biggest party, the Social Democrats (PSD), was dissolved late on Tuesday and an interim leader is taking over, sources told HotNews.ro as PSD bosses met in a special session. The news was later confirmed officially.
UPDATE Romanian Foreign Ministry summons Russian Ambassador over hard statements on Custodian of the Crown / Ministry explains summoning, Embassy calls for "round table"
de Editorial Staff HotNews.ro
Marți, 26 Nov 2019 English | Regional Europe
Russian Ambassador to Bucharest Velery Kuzmin was summoned urgently to the Romanian Foreign Ministry on Tuesday over a recent, unprecedented attack on the Custodian of the Romanian Crown, Margareta of Romania, official sources have told HotNews.ro.
- UPDATE In a statement later on Tuesday, the Foreign Ministry said that it has pointed that the position of the Russian diplomatic mission was unacceptable.
Romanian budget deficit to reach 4.3% by end of year - correction report
de Editorial Staff HotNews.ro
Marți, 26 Nov 2019 English | Top News
The budget deficit of Romania may go up to 4.3% by the end of the year, according to a draft correction published by the Finance Ministry on Tuesday. It confirmed a previous HotNews.ro report on Monday that said the deficit for the year would stay between 4.1-4.3%.
SocDem Dancila resigns from party leadership following presidential defeat - sources
de Editorial Staff HotNews.ro
Luni, 25 Nov 2019 English | Top News
The leader of Romania's biggest party, Viorica Dancila of the Social Democrats (PSD), has reportedly been persuaded to resign as party president after her defeat in presidential elections on Sunday, sources told HotNews.ro on Monday afternoon.
Top SocDem member openly calls for resignation of party leaders after defeat in presidential elections
de Editorial Staff HotNews.ro
Luni, 25 Nov 2019 English | Politics
Camps are shaping up in a battle for power within Romania's biggest political party, the Social Democrats (PSD), in wake of the defeat suffered by their candidate, party president and ex-PM, in presidential elections on Sunday. In statements made on Monday morning, an influential member of the PSD leadership openly invoked the need of a resignation.
What Moldova's Socialist leader Dodon tells re-elected Romanian counterpart Iohannis
de Editorial Staff HotNews.ro
Luni, 25 Nov 2019 English | Regional Europe
The president of the Republic of Moldova Igor Dodon has congratulated Romanian counterpart Klaus Iohannis over his re-election in a presidential poll on Sunday. He used a Facebook message to convey that the two countries should "stay away from false geopolitical debates".
Knives sharpened as Social Democrats get ready to tackle defeat in presidential elections / Leader Dancila says she would not resign
de Editorial Staff HotNews.ro
Luni, 25 Nov 2019 English | Politics
The custom of the biggest political party in post-Communist Romania, the Social Democrats -PSD, long seen as inheritors of the former Communists - is to remove their leader following a defeat in presidential elections. On Sunday night, as PSD's candidate Viorica Dancila suffered a significant defeat against incumbent, Liberal president Klaus Iohannis in presidential elections, knives were sharpening again within the party.
Presidential elections - provisional results: Iohannis - 66.05%, Dancila - 33.95%
de Editorial Staff HotNews.ro
Luni, 25 Nov 2019 English | Top News
Incumbent president Klaus Iohannis received 66.05% of the votes in the presidential elections on Sunday while his rival, Social Democratic (PSD) leader Viorica Dancila got 33.95% of the votes, according to provisional data based on results from 99.86% of polling stations showed early on Monday.
BREAKING Exit polls: Incumbent Klaus Iohannis smashes rival Viorica Dancila with twice as many votes in Romania presidential elections
de Editorial Staff HotNews.ro
Duminică, 24 Nov 2019 English | Top News
Incumbent president Klaus Iohannis defeated rival Viorica Dancila with a score of 64.8% to 35.2% in the second round of presidential elections on Sunday, according to an exit poll by polling institutes CURS-Avangarde. Another poll by IRES institute showed a score of 66.5%-33.5% in favor of Iohannis. It was a smashing victory for the man who ran for a second term in office, as Romanians showed up at polling stations in larger numbers than in the first round of elections to vote in what was seen a popular rebuke to Dancila's Social Democratic government of recent years.
Candidates react to Iohannis' victory in Romania presidential elections / Winner claims "victory" for a normal Romania and most serious defeat for the PSD
de Editorial Staff HotNews.ro
Duminică, 24 Nov 2019 English | Top News
The winner of Romania's presidential elections on Sunday, incumbent president Klaus Iohannis said as exit polls were announced that his victory was "the most important one against the [Social Democratic Party] PSD" and a victory of "normal Romania". For her part, loser Viorica Dancila of the PSD noted he appeared to have won more votes than her party in the European elections earlier this year.
Romanians to choose between incumbent Iohannis and Social Democratic ex-PM Dancila in second round of presidential elections
de Editorial Staff HotNews.ro
Vineri, 22 Nov 2019 English | Top News
Romanians vote for their president this weekend in elections that pitch incumbent president Klaus Iohannis against ex-prime minister Viorica Dancila. While Iohannis seen as a clear favorite, the vote has major symbolic significance: at the end of a largely uneventful, dull campaign, it would test how strong Dancila's Social Democrats, blamed for a long series of abuses against the rule of law, remain after being removed from government this fall.
"Shock" figures on deforestation in Romania: Environment Ministry says illegal actions double amount of wood cut yearly
de Editorial Staff HotNews.ro
Vineri, 22 Nov 2019 English | Top News
Some 38.6 million cubic meters of wood is cut in Romania annually - almost double the official figures, with the difference resulting from illegal deforestation mostly in privately owned forests. As he presented the figures on Friday, Environment minister Costel Alexe described them as shocking.
Huawei Vice-President Caherine Chen on Romania aligning to US stand on 5G: company trusts access to 5G would not be cut
de Editorial Staff HotNews.ro
Joi, 21 Nov 2019 English | Business
Huawei Vice-President Catherine Chen hopes Romania would not align to the US position on banning the access of the Asian giant to building 5G networks in Romania, but would act based on facts, tests and risk assessments. The way that, she says, is pursued in countries like Britain, France or Germany or by the European Commission.
In Romania, news that Exxon Mobil plans biggest sale of assets comes against statements by President Iohannis
de Editorial Staff HotNews.ro
Joi, 21 Nov 2019 English | Business
News that Exxon Mobil is planning to sell up to USD 25 billion of oil and gas field across the world to focus on mega-projects, as reported by Reuters on Thursday, contrasts, when in comes to Romania, whith statements made by incumbent president Klaus Iohannis in an electoral debate earlier this week.
US Senate confirms Adrian Zuckerman as Ambassador to Romania
de Editorial Staff HotNews.ro
Joi, 21 Nov 2019 English | Top News
The US Senate voted on Wednesday to name lawyer Adrian Zuckerman as Ambassador of the United States to Romania, news agency Mediafax reports, quoting The Washington Post. The vote was 65-30.
US diplomat forced off stage by Turkish consul in Romanian city of Constanta
de Editorial Staff HotNews.ro
Miercuri, 20 Nov 2019 English | Regional Europe
The deputy of the US Ambassador to Romania, Abigail Rupp, was taken off stage by the Turkish consul to the SE Romanian city of Constanta as she was preparing to hold a speech on religious freedom at an event of the local Muslim community. The Embassy said the incident was regrettable.
Leader of Romania's third biggest parliamentary party Dan Barna stays despite election defeat
de Editorial Staff HotNews.ro
Miercuri, 20 Nov 2019 English | Politics
Dan Barna, the leader of Save Romania Union (USR), the third biggest party in the Parliament, was re-elected as head of the political group despite a serious defeat in the first round of presidential elections.
EC urges Romanian Government to act and limit public spending in electoral year 2020
de Editorial Staff HotNews.ro
Miercuri, 20 Nov 2019 English | Regional Europe
The European Commission asks Romania's Liberal (PNL) government on Wednesday to adopt measures in order to limit public spending in 2020, a year which will see both local and general elections.
Rivals in Romanian presidential elections hold "debates" each on their own, discuss everything from Chinese influence to circle area calculator
de Editorial Staff HotNews.ro
Miercuri, 20 Nov 2019 English | Top News
The two candidates in the final round of Romania's presidential elections each held a "debate" on their own on Tuesday evening, not facing each other but only journalists to discuss everything to the influence of Chinese companies to how to compute the area of a circle - and, in this latter case, not knowing the proper answer.
- See what they said - or even what they didn't say - during their talks
Presidential elections: Incumbent Iohannis readies for "US-style" debate, but without challenger
de Editorial Staff HotNews.ro
Luni, 18 Nov 2019 English | Politics
Preparations were ongoing on Monday for what appears to be the most important electoral event prior to presidential elections due to take place this weekend: a debate that incumbent President and top contender Klaus Iohannis will hold on Tuesday with political experts and journalists, but in the absence of his challenger, Social Democratic leader Viorica Dancila.
Baby, child and mother die in neurotoxin alert in Timisoara, building is evacuated
de Editorial Staff HotNews.ro
Luni, 18 Nov 2019 English | Top News
Three people - a 10-day old baby, a 3-year old child and the latter's mother died and six other people, including 3 children, were hospitalised following a neurotoxin alert in a building in Timisoara, Western Romania on Monday.
Bear injured by car in Romania suffers for 18h before authorities intervene / Why it happens
de Editorial Staff HotNews.ro
Luni, 18 Nov 2019 English | Top News
A bear agonized for 18 hours this weekend, after it was hit by a car in Harghita county, Central Romania until authorities decided to intervene and put an end to its suffering. The case, which shocked the public, rose questions about the lack of action from people in charge and their not giving any sort of relevant consideration to the safety of wild animals along traffic routes.
Illegal transport of pangolin scales worth EUR1.5 million discovered
de Editorial Staff HotNews.ro
Luni, 18 Nov 2019 English | Top News
Custom authorities in Kinshasa, Congo were notified this weekend about a case of pangolin scales trafficking, RFI has reported, quoted by Romanian news agency Agerpres. The scales were worth about EUR 1.5 million and were due to reach Romania via Istanbul.
Declassified report sheds light on links between August 10, 2018 riot police violence and politicians
de Editorial Staff HotNews.ro
Joi, 14 Nov 2019 English | Top News
An Interior Ministry report on violence during massive anti-government protests that took place in Bucharest on August 10 last year sheds light on key links between riot police decision makers and politicians, sources have told HotNews.ro.
Romanian MP reportedly caused scandal as he refused to stop after crossing through red light / Police denies report
de Editorial Staff HotNews.ro
Joi, 14 Nov 2019 English | Top News
A Romanian deputy caused a scandal late on Wednesday when he was stopped by the police after crossing through a red light in Bucharest, news agency Mediafax reported. Early on Thursday, the police told news channel Digi 24 that the politician did not in fact cross through the red light, despite footage apparently showing so.
Romania economic growth slows down in Q3 - flash data
de Editorial Staff HotNews.ro
Joi, 14 Nov 2019 English | Business
The growth of Romanian economy stood at 0.6% in Q3 this year, as compared to the previous quarter. Compared to Q3 2018, the GDP gre 3.0%, while yoy growth for the first nine months of the year was of 4.0%, according to flash data of the National Statistics Institute on Thursday.
Essence of democracy becomes topic of campaign in Romania presidential election as head of state refuses to face contender
de Editorial Staff HotNews.ro
Joi, 14 Nov 2019 English | Politics
A refusal by President Klaus Iohannis to face his challenger in the second round of Romania's presidential elections has caused widespread discussion about his (non)democratic behaviour. But in a meeting with the press on Wednesday, he made the debate even more complicated by explaining he refused to discuss with and thus legitimise someone who represents an un democratic party.
Social Democrats oust Romania's former Justice minister Ana Birchall, recipient of notable US support
de Editorial Staff HotNews.ro
Marți, 12 Nov 2019 English | Politics
Romania's former Justice minister Ana Birchall, who served in the last Social Democratic (PSD) government, was ousted from the PSD in a party leadership session on Tuesday night. The session was marked by scandal but key members appeared later to have regrouped behind PSD leader Viorica Dancila, who is due to face incumbent President Klaus Iohannis in the final round of presidential elections later this month.
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