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January 20, 2023

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NEWSFLASH
NEWSFLASH

, 20.01.2023, 13:56

ECONOMY This year Romania’s economy is
also going to be influenced by global uncertainties caused by inflation, the
escalation of the war in Ukraine, the energy crisis and disrupted supply
chains. This is one of the conclusions of a report on financial stability
released by Romania’s Central Bank (BNR). The BNR report also speaks about a
systemic risk related to delayed reforms and European funds absorption. In
another development, the BNR urges people to show caution on taking mortgage
loans because of the risk caused by the growing inflation rate.






DRUGS Romania has obtained from Brussels a temporary
suspension for a period of three months in the exports of some drugs from the
category of anti-flu antibiotics. According to the authorities in Bucharest,
the measure is aimed at ensuring the continuity of drug supplies to the
Romanian patients in full season of respiratory infections. Authorities have
given assurances that the export of medicines manufactured by Romanian
producers is not being affected.






REFUGEES According to sources with the Romanian Border Police, 7,229,
Ukrainian nationals entered Romania on Thursday. According to a press release
issued on Friday, since February 10th last year, two weeks before
the Russian invasion, 3,355,594 Ukrainian nationals have entered Romania. Most
of these only transited the country but 100 thousand decided to remain here,
the authorities in Bucharest have announced.








WEF
While attending the 53rd annual World Economic Forum in Davos,
Switzerland, Romania’s Foreign Minister, Bogdan Aurescu, held talks with
representatives of the business world. According to a communiqué issued by the
Foreign Ministry, during the talks the Romanian official held with Ian Edwards,
CEO of Canadian company SNC Lavalin and with William Young, chairman of the
Board of Directors of the aforementioned company, high on the agenda was the
participation of SNC Lavalin in Romania’s civil nuclear projects, more
specifically in the process of streamlining Unit 1 and the construction of
Units 3 and 4 of the nuclear power plant in Cernavoda, south-eastern Romania.
Minister Aurescu has reiterated the key role, the development of the civil
nuclear sector has in the national strategy for energy security particularly in
the present geo-political context when energy independence has become of utmost
importance. Aurescu has also held talks with Miguel Stilwell d’Andrade, CEO of
Portuguese group Energias de Portugal, where he underlined the importance of
boosting investment in developing Romania’s green energy resources.










(bill)

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