Tuesday, May 16th 2017

Romania needs a national plan to keep its elites in the country

Romania needs a national plan to keep its elites in the country and to determine the best of the graduates to stay in the universities at least for a while. The idea was launched by the Rector of Babeş-Bolyai University – Professor Ioan Aurel Pop. „Now there is a huge loss of brains, not only abroad, but even from education to other fields”, said Ioan Aurel Pop. „From this point of view, there should be a national policy of attracting those people who can be and they must not necessarily be teachers all their lives but also teachers so that from the experience they have, from the accumulations they have to give the younger ones what they got better”. Professor Ioan Aurel Pop specified that education also needs adequate funding and that civilized countries allocate in this area between 6 and 12 percent of Gross Domestic Product. (RADIO ROMANIA reports)

Romania wants to be an active participant in the research and development of new types of military equipment, says Teodor Melescanu

Romania wants that European defense policy to be implemented through national contributions at various military operations and financed from the European Union budge. This statement was made by Romanian Minister of Foreign Affairs, Teodor Melescanu, after yesterday’s Foreign Affairs Council meeting in Brussel. „Romania is interested in being an active participant in the research and development of new types of military equipment which also interests us”, said Teodor Melescanu. „The problem is that the participation in these efforts involves a financial contribution from each state, so including Romania, if we want to enter in these research and development of military equipment programs. We will have to assess to what extent we can do that and what would be the costs for us”. (RADIO ROMANIA reports)

The Romanian economy grew by 5.7% in the first quarter of this year

Romania’s economy grew by 5.7% in the first quarter of 2017 compared to the same period of 2016, show the first estimates published today by the National Statistics Institute (INS), which surpass the analysts’ estimates. The gross domestic product (GDP) went up by 1.7% in the first three months of 2017, compared to the last quarter of 2016. The first quarter of 2017 was the seventh consecutive one of economic growth. For the entire year 2017, the government relies on 5.2% economic growth, while international institutions and most financial analysts estimate a rate of between 4% and 4.5%. (RADIO ROMANIA reports)

Adrian Strugariu – RADOR