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December 11, 2022

A roundup of local and international news

Newsflash
Newsflash

, 11.12.2022, 13:52

Budget — The state budget and social insurance draft laws will be debated in Romania’s Parliament on Monday. The final vote is to be given in the plenary sessions of the two chambers on Thursday. The state budget for next year is based on an economic growth of 2.8% and a revenue increase of 14%. The budget deficit is forecast to increase by almost 4.4% of the GDP, and the main novelty is the increase to 2.5% of the Defense budget. The state budget for next year will allow, according to the authorities, an increase in pensions by 12.5% ​​and a minimum wage of 3,000 lei (about 600 Euros). According to the document, the Ministries of Defense, Development, Agriculture, Transport and Education will receive more funds. The fields of Energy, Justice and Health will receive less money. The opposition criticizes the Governments budget bill and announces that it will submit amendments in Parliament.



Meeting — The Romanian Agriculture Minister, Petre Daea, is participating, on Sunday and Monday, in the meeting of the Agriculture and Fisheries Council (AGRIFISH) in Brussels. According to an agriculture ministry communiqué, the meetings agenda includes important aspects for the Romanian agricultural sector, such as the market situation, the strategic plans of the CAP, animal welfare and fishing opportunities for next year. The ministers are discussing the progress of the new EU forest strategy for 2030 and the actions taken at EU and national level. At the same time, the ministers will debate the current situation of the market in the member states, the main issues related to the energy and fertilizer crisis, the high prices of production factors, as well as the pressure that the crisis exerts on both farmers and consumers. Also, the European officials will tackle the strategic plans included in the Common Agricultural Policy (CAP) in the context of the current situation in Ukraine and the new challenges facing both the agriculture and fisheries sectors.



Gaudeamus — The 29th edition of the Gaudeamus book fair, organized by Radio Romania at the Romexpo exhibition center in Bucharest, comes to an end on Sunday. Starting on December 7, approximately 200 participants offered the public a varied range of editorial products, on different supports, suitable for all ages and fields of interest, music and educational games. For the first time, two spaces dedicated to interactive activities for the youngest visitors were set up within the fair. All stands were also found in virtual format on the gaudeamus.ro website. The honorary president of this years edition was the writer Ana Blandiana.



Agreement — The EU member states reached an agreement, on Saturday, regarding the unlocking of a financial assistance package worth 18 billion Euros, which will be granted to Ukraine in 2023. ‘Ukraine can count on the EU. We will continue to support Ukraine also from a financial point of view, as long as it is necessary’ shows a press release from the European Council. The proposal was adopted by the Council and will be presented to the European Parliament to be adopted next week. On Tuesday, Hungary vetoed the package proposed by the European Commission.



Negotiations — The EU countries participated in emergency negotiations on Saturday in an attempt to reach an agreement on capping the price of natural gas at the December 13 meeting of European Energy Ministers, but they remain divided over the plan. 12 member states, including Romania, Belgium, Italy, Poland and Slovenia, are pushing for a significantly lower cap on the price of natural gas across the Union. The latest proposal, according to Reuters, provides for a cap if prices exceed 220 Euros/Megawatt hour for five days, at the Natural Gas futures quotes of the Amsterdam-based TTF Hub (where reference prices are set in Europe) to be delivered the next month, and when the prices are higher by 35 Euros compared to the world average price for liquefied natural gas. It is a lower level than the limit of 275 Euros/Megawatt hour proposed by the European Commission, but the 12 EU member states say it is still not low enough.



Football – The French team, the defending world champions, qualified for the semi-finals of the World Cup in Qatar on Saturday, after defeating England 2-1 in the last quarter-final. Also on Saturday, the Moroccan national team became the first African team to qualify for the semi-finals, after defeating the Portuguese team, score 1-0. There are only four matches left in the final tournament in Qatar, the semi-finals, third-place playoff and the final. On Tuesday, Argentina will meet Croatia, and on Wednesday Morocco will be up against France. The third-place playoff will take place on December 17, and the final on December 18. (LS)

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