Tuesday, April 12, 2021

Romanian Prime Minister reasserts in Brussels the National Recovery and Resilience Plan

Prime Minister Florin Cîțu is in Brussels to support all the projects that the Romanian Government has included in the National Recovery and Resilience Plan. Prime Minister Cîţu had Tuesday a very constructive meeting with the European Commission’s president, Ursula von der Leyen, regarding the National Recovery and Resilience Plan, characterized as an ambitious and realistic plan for sustainable economic growth in Romania. The Prime Minister Cîţu said just before leaving for Brussels that his cabinet is determined to make the reforms undertaken by the National Plan and to comply with all conditions required by the European Commission, adding that Romania needs the 29 billion euros to invest in sectors with the higher productivity. For his part, the President of the European Commission, Ursula von der Leyen, stated that she is working closely with Romania to finalize the National Recovery and Resilience Plan, stating that good progress is being made on reforms, and the approval of this plan by all Member States is a necessary step to access the European Next Generations funds. The Romanian minister for european funds, Cristian Ghinea, also participates in the negotiations in Brussels. On Wednesday, Prime Minister Florin Cîţu would have a series of meetings with the European Commissioner for Transport, Adina Vălean, but also with the Executive Vice Presidents of the European Commission, Margrethe Vestager and Valdis Dombrovskis.

Romania’s GDP will increase this year, according to the European Commission’s spring economic forecasts

Romania’s Gross Domestic Product will increase by 5.1% this year and by 4.9% next year, according to the European Commission’s spring economic forecasts. The forecasts presented today also notes that inflation in Romania will register, this year, a slight increase to 2.9%, followed by a decrease to 2.7% next year. Labor market conditions are slowly improving in the European Union after the initial impact of the pandemic, with the unemployment rate falling from the maximum in most member states. According to forecasts, the European Union’s economy will grow by more than four percent both this year and next. The European Commission’s current analysis shows a significant improvement in the growth outlook compared to the winter economic outlook, and the economies of all EU countries should return to pre-crisis levels by the end of next year.

In Romania, the COVID-19 pandemic maintains its downward trend

The COVID-19 pandemic maintains its downward trend in Romania. The pandemic map is completely green at national level, which means that the incidence is below the threshold of 1.5 cases per thousand inhabitants throughout the country. Only 930 new cases have been announced on Wednesday, from more than 34,000 tests, and the number of pacients in intensive care units has decreased constantly in the last days. Additionally, the so-called second-dose vaccination marathons are rolling out in several cities./mbaciu

Magda Baciu