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January 8, 2024 UPDATE

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Newsflash
Newsflash

, 08.01.2024, 20:00

LAWS Parliament
is due to convene for a new session in Bucharest on February 1. Until then, the
Romanian MPs are working on new bills, focusing, among other things,
on regulating gambling and curbing drug consumption. The new legislation
includes several measures such as the relocation of casinos and betting houses
outside towns and cities, limiting gambling commercials and banning gambling
ads near schools, parks or hospitals. According to the authors of the bills,
some of them introduced as early as in 2022, the amendments come in the context
of the latest expert warnings on the
younger generation’s alarmingly growing addiction to gambling and drug consumption
as well as their vulnerability to various advertising campaigns. Drug
trafficking is punished with up to 10-year prison sentences. Other draft laws ban
minors’ access to energy drinks and restrict commercials to vaping products and
accessories.




INVESTMENTS
According to data released by the National Institute for Statistics, in the
first nine months of 2023 Romania’s construction sector reported over RON 74
billion worth of investment, which accounts for 62.6% out of the total
investment in the country’s economy. In the same period, investments in
Romania’s national economy stood at roughly RON 118.5 billion, a 14.4% rise as
compared to the period between January and September 2022.




CYBER SECURITY A
new EU Cyber Security Regulation has taken effect in the EU, introducing a
minimal set of measures for public institutions in EU member countries to
protect themselves from online attacks. In Romania, just like in most EU
countries, the number of cyber-attacks from Russia has increased since the
start of the war in Ukraine. Under the Regulation, an EU Cyber Security Board
will also be set up, which will monitor the implementation of security
measures. Member state institutions are to initiate a security enhancement
process this year and to introduce protocols to manage information networks. Under
the Orange Business Internet Security Report, 31% of the attacks against
Romania targeted the energy sector, 22% transports and 19% the governmental and
public services sector. The attacks caused losses of billions of US dollars,
and the institutions targeted in the past 2 years include the National Cyber
Security Directorate, the Defence Ministry, the Border Police and the Passenger
Railway Corporation (CFR).




SCHOOLS Students
resumed classes on Monday in the third module of the academic year in
Romania. The next school holiday is to be decided by county inspectorates and
most likely will kick off on February 19th. In another development, against the
background of a new wave of respiratory infections, medical authorities are
urging parents not to send their children to school if they show any symptoms
of a respiratory disease.




TENNIS Romanian
tennis player Ana Bogdan on Monday qualified for the round of sixteen of the
WTA 500 tournament in Adelaide, Australia with over 900 thousand dollars in
prize money. The Romanian secured a 6-3, 6-4 win against Katie Boulter of
Britain. Also on Monday the all-Romanian pair Ana Bogdan/Monica Niculescu was
defeated by the US-Dutch pair Asia Muhammad/Demi Schuurs 7-6, 6-4 in the
doubles first round. (AMP, bill)

Newsflash
Newsflash Thursday, 21 November 2024

November 21, 2024 UPDATE

A roundup of local and international news. RULING – The International Criminal Court issued arrest warrants on Thursday for Israel’s Prime...

November 21, 2024 UPDATE
Newsflash
Newsflash Thursday, 21 November 2024

November 21, 2024

Election – The first round of the presidential election takes place in Romania on November 24. The second round is scheduled for December 8, and...

November 21, 2024
Newsflash
Newsflash Wednesday, 20 November 2024

November 20, 2024 UPDATE

Schengen – The Romanian Interior Minister, Cătălin Predoiu on Wednesday talked, during a video conference, with his Hungarian counterpart,...

November 20, 2024 UPDATE
Newsflash
Newsflash Wednesday, 20 November 2024

November 20, 2024

BONDS – Foreign investors are showing great interest in the Romgaz bond issue, according to the company’s CEO Răzvan Popescu. He says...

November 20, 2024
Newsflash Wednesday, 20 November 2024

1,000 days of war in Ukraine

Representatives of several states, politicians and diplomats conveyed messages of support on the anniversary of 1,000 days since Russia launched its...

1,000 days of war in Ukraine
Newsflash Tuesday, 19 November 2024

November 19, 2024 UPDATE

  PARLIAMENT The parliament of Romania convenes on Wednesday to approve 2 inquiry committees and their membership. The joint standing bureaus...

November 19, 2024 UPDATE
Newsflash Tuesday, 19 November 2024

November 19, 2024

A roundup of local and international news.   MESSAGE – Despite 1,000 days of terrible warfare, Ukraine stands unbowed, the US Ambassador in...

November 19, 2024
Newsflash Monday, 18 November 2024

November 18, 2024 UPDATE

VISIT – The president of Romania, Klaus Iohannis, on Monday visited the Documentation Centre for Displacement, Expulsion, Reconciliation in Berlin...

November 18, 2024 UPDATE

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