January 16, 2025 UPDATE
A roundup of world and local news
Daniel Bilț, 16.01.2025, 20:18
GOVERNMENT In its session on Thursday, the government in Bucharest endorsed a decision on staging the presidential election in May this year as well as the election schedule. The first round is due on May 4 and the second on May 18. The Executive also approved rules for the unfolding of the election process bringing a series of amendments. The Romanians abroad will be able to vote for three days, but on a different schedule. Polling stations will be open between 7 and 21 hours, on Friday and Saturday, but on Sunday, in the countries west to Romania the ballot will end at 21 hours Romania’s time, so that it may not be influenced by exit polls. Authorities have also imposed stricter rules for the election campaign, mainly in the online area. Social network administrators promoting election messages, which do not abide by the law, will have to pay fines up to 5% of their turnout. We recall that the first round of the presidential election was cancelled through a Constitutional Court ruling, which based its decision on documents provided by the country’s Higher Defence Council (CSAT) invoking interferences from a so-called state entity. The second round was scheduled on December 8 when Romanians had to choose between the independent ultranationalist Calin Georgescu, accused of links with Russia, and the opposition USR leader, Elena Lasconi. The second and last mandate of the incumbent president Klaus Iohannis was supposed to end in December, but his term in office was extended until the election of a new president, which must be validated by the CCR.
RUSSIA “Nikolai Patrushev, advisor to Russian President Vladimir Putin, uses the same aggressive propaganda and disinformation themes with which Moscow has intoxicated the world in recent years”, reads a statement by the Romanian Ministry of Foreign Affairs. The reaction comes after Patrushev said, in an interview in the Russian media, that both Ukraine, invaded by Moscow’s troops, and the neighbouring Republic of Moldova (ex-Soviet, predominantly Romanian-speaking) might cease to exist as independent states this year. The Romanian diplomacy stresses that these repetitive public statements cannot hide the reality: the fact that Russia is waging a war of aggression against Ukraine and that it is carrying out massive and systematic hybrid actions against the Republic of Moldova. The Romanian MFA reaffirms that Russia aims to create divisions in Europe.
RATE In the first monetary policy meeting of the year, the Board of Directors of the National Bank maintained the monetary policy interest rate at the level of 6.5% per year, although the inflation rate increased in the last quarter of 2024. The Central Bank’s decision aims to ensure and maintain price stability in the medium term, in a way that contributes to the achievement of sustainable economic growth. The board of directors reiterates that, in the current context, the balanced mix of macroeconomic policies and the implementation of structural reforms, including the use of European funds to stimulate long-term growth, are essential for macroeconomic stability and strengthening the capacity of the Romanian economy to cope with adverse developments. According to experts, the NBR could relax the monetary policy in 2025, but probably only from the second half of the year, pending clearer perspectives on the evolution of inflation and fiscal measures. In 2024, the NBR reduced the reference interest rate twice, from 7 to 6.5%.
TENNIS Romania’s tennis player Jaqueline Cristian for the first time qualified for the third round of a Grand Slam tournament in Melbourne on Thursday after a 7-5, 7-5 win against Lucia Bronzetti of Italy at the Australian Open. The 26-year-old Cristian, who is presently ranking 82nd in the WTA standings, won the match in two hours and four minutes. In the third round the Romanian will be up against Eva Lys of Germany, who outperformed Varvara Gracheva of France also on Thursday. In the women’s double, Romanian Irina Begu and Brazilian Ingrid Martins were defeated in the first round by Peyton Stearns of the USA and Luisa Stefani of Brazil 6-2, 7-6.
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