July 5, 2019

Click here for a roundup of domestic and international news

Newsroom, 05.07.2019, 13:53

BONDS The Romanian Finance Ministry has today issued government bonds for
population part of a Treasury Programme with interest rates ranging between
3.5% and 5% a year depending on their maturity date. According to the ministry,
the interest is 3.50% for bonds due in one year, while those due in two years
will have an interest rate of 4%. A maturity period of 5 years means an
interest rate of 5% and subscriptions can be made until July 31st
2019. Revenue earned by
individuals in the subscription and holding of government securities is not
taxed. The ministry has issued Treasury bonds for the population with interest
rates between 3.5% and 5% per year on a monthly basis since February this year.

NATO The ex-soviet Romanian-speaking Republic of Moldova wants to
cooperate with NATO in order to improve its own defence system, the country’s
new Prime Minister pro-European Maia Sandu told the Alliance’s Secretary
General Jens Stoltenberg in Brussels. According to polls, the Republic of
Moldova’s entry into NATO is supported only by 20% of its population whereas 60%
are against it. Sworn in last month, Maia Sandu on Tuesday paid her first visit
to neighboring Romania at the invitation of Romanian president Klaus Iohannis
upon which she went to Brussels for talks with NATO and EU officials.

TENNIS The world’s number 7 tennis player, Simona Halep of Romania, will
today be playing Victoria Azarenka of Belarus in the third round of the Grand
Slam tournament in Wimbledon. A former world leader, Halep is the only Romanian
left on the women’s main draw at Wimbledon. Monica Niculescu and Irina Begu
have qualified for the next stage of the women’s doubles after a 3-6, 6-4, 6-2
win against Daria Kasatkina of Russia and Anett Kontaveit of Estonia. In the
second round the Romanians will be up against Xinyun Han of China and Oksana
Kalashnikova of Georgia. A Romanian-Dutch pair made up of Horia Tecau and
Jean-Julien Rojer have qualified for the competition’s round of 32 where they
are going to take on Fabrice Martin of France and Hugo Nys of Monaco.

FOOTBALL Romania’s football champions CFR Cluj and Viitorul Constanta,
winner of the Romanian Cup, will be meeting in Ploiesti, southern Romania, for
Romania’s Supercup on Saturday night. CFR have reaped their fifth championship
title this year, which is also their second consecutive title while Viitorul
have clinched their first Cup trophy. The two sides will this month be
representing Romania in the preliminaries of European cups: in the Champions
League, CFR will be taking on FC Astana of Kazakhstan while in Europa League
Viitorul will be up against Belgian side Anvers, coached by the former Romanian
international Ladislau Boloni. Also in the Europa League, FCSB, formerly known
as Steaua Bucharest, will be playing Milsami Orhei from the neighboring Republic
of Moldova, while CSU Craiova will meet FK Sabail of Azerbaijan.

NEVERSEA The city of Constanta, on the Romanian
Black Sea Coast, is hosting the Neversea Festival, the largest music festival
in Europe held on a beach. 150 famous artists will be performing for four days
on the Modern beach before an audience of some 200,000 people. The list of
guests includes Afrojack, G-Eazy, Jessy J, DJ Snake, Sean Paul, Lost
Frequencies, Kadebostany, Salvatore Ganacci and Dub FX. Special security
measures have been put in place to ensure the smooth running of the event. The
festival’s budget amounts to some 9 million Euros this year.

(translated by bill)