March 27, 2024 UPDATE

DEFENSE – A delegation led by the Romanian Defense Minister, Angel Tîlvăr, is on an official visit to Slovenia, at the invitation of the Slovenian Defense Minister, Marjan Sarec, in the context of the celebration of the 20th anniversary of Slovenia’s accession to NATO. According to a press release by the Romanian Defense Ministry, Minister Tîlvăr has a meeting with his counterpart and is taking part on Thursday, in the debate with the theme “Back to the roots and Collective Defense – 75 years of NATO”.

Newsroom, 27.03.2024, 20:00

VISIT – The National Bank supports and encourages initiatives aimed at the development of the capital market in the Republic of Moldova, and as an institution responsible for prudential supervision and the stability of the financial market, we want to facilitate the free movement of capital and financial services, the governor of the National Bank of Moldova, Anca Dragu, said on Wednesday in Bucharest. She emphasized that these are actually chapters of negotiation for Moldova’s accession to the European Union, “chapters in which the National Bank has a leading role, so that the Republic of Moldova should enjoy prosperity and economic stability”. Romania commits and continues to commit unconditionally to supporting the European path of the Republic of Moldova, said, in turn, the speaker of the Romanian Senate, Nicolae Ciucă. They participated, on Wednesday, together with the Moldovan Prime Minister, Dorin Recean, and the head of the Moldovan Parliament, Igor Grosu, in a forum organized by the Stock Exchange, an event that promotes solid economic cooperation and the interconnection of the capital markets between the Republic of Moldova and Romania.

FRANCOPHONIE – The Romanian Minister of Foreign Affairs, Luminiţa Odobescu, participated, on Wednesday, in Bucharest, at the official opening of the Economic and Commercial Mission of La Francophonie in Central and Eastern Europe. The head of Romanian diplomacy voiced her hope that this will facilitate and promote business and investment opportunities between Romanian companies and companies from member states of the International Organization of the Francophonie (OIF).

BESSARABIA – Romania is among the staunch supporters of the European future of the Republic of Moldova, as its citizens wish, the Romanian Prime Minister Marcel Ciolacu said in a message on the occasion of the Day of Bessarabia’s Union with Romania. The Romanian Cultural Institute – ICR and its representations abroad staged a series of cultural events to mark 106 years since this historic moment. On Wednesday, at the National Art Museum of Romania, a painting exhibition was opened that includes 100 works by artists from the Republic of Moldova, and the National Theater in Bucharest hosted performances in which Romanian and Moldovan actors took part. On March 27, 1918, the Chisinau State Council voted in favor of the Union of Bessarabia with Romania, Bessarabia being a Romanian province annexed by the Russian Empire in 1812, after the Russian-Turkish war (1806-1812). This historical act opened the process of the unification of Romania, completed on December 1, 1918, through the Union of all the Romanian provinces which were then under foreign rule. 22 years later, in the summer of 1940, following an ultimatum, Stalin’s Moscow annexed both Bessarabia and northern Bukovina, territories that currently belong to the former Soviet Republics of Moldova and Ukraine, respectively.

BRANCUSI – The Pompidou Center in Paris hosts an exhibition-event dedicated to Constantin Brâncuşi, considered the father of modern sculpture, which can be visited until July 1. Hundreds of sculptures, photographs, sketches and archival images are on display in the exhibition which includes Brâncuşi’s Workshop, the place where the great Romanian artist created and lived, alongside works borrowed from major international museums. All of Constantin Brâncuşi’s works from the Romanian heritage are exhibited, sent by the National Art Museum of Romania and the Art Museum in Craiova (southern Romania). ‘Brâncuşi is an artist who was very little exposed during his life, as he preferred to invite his contemporaries to come to his workshop. He liked to control all dimensions of the presentation of his sculptures’, explains Ariane Coulondre, curator of the exhibition, in a press release. The Brâncusi Retrospective at the Pompidou Center, the first in the last almost 30 years and the largest ever organized event, is held with the support of the Romanian Embassy in France and the Romanian Cultural Institute.

DEFICIT – Romania’s budget deficit reached, after the first two months of the year, almost 29 billion lei (about 6 billion Euros), accounting for 1.67% of the Gross Domestic Product, show data published by the Finance Ministry. The deficit is almost double compared to the same period of last year. The Prime Minister Marcel Ciolacu said, however, that it would observe the 5% threshold estimated for the end of the year. The economy is self-financing and we will have the largest economic growth in Europe, the Romanian PM also said. (EE)