Newsflash – April 6, 2022

AID – On Tuesday in Berlin, Germany, France and Romania co-chaired an international conference on the setting up of a support platform for the Republic of Moldova, an ex-Soviet Romanian-speaking country. The participants, roughly 50 delegations representing international organizations and countries, have pledged to grant Chisinau 695 million Euros worth of aid as well as political support in the context of the war in neighboring Ukraine. Nearly 12 thousand out of the 100 thousand Ukrainian refugees, who arrived in the Republic of Moldova, are to be taken over by other countries.

INTEREST – The Robor index, after which costs for consumer credits with variable interest rate are being calculated, has gone up from 4.62% to 4.68 % and according to Romania’s Central Bank, this has been the highest in the past 9 years. Romania’s Central Bank (BNR) has today raised the yearly key rate from 2.5 to 3%. The key rate, which sets the future evolution of all bank interests, is also the main element in the fight against inflation. The BNR has cautioned against the inflation rate, which is expected to reach higher levels in the following months than previously estimated. Inflation is on the rise due to the latest price hikes in fuel and food against the background of the war in Ukraine and the international sanctions imposed.

EMBASSY – A man lost his life on Wednesday after he had rammed his car into the wall of the Russian embassy in Bucharest. According to investigators, the man crashed his car into the embassy’s gate and set himself ablaze. Many containers with flammable substances have been found in his car. An investigation is underway by the prosecutors of the Bucharest Court and the Homicide Department of the Bucharest Police. According to papers in Bucharest, the man has been identified as Bogdan Draghici, the head of the Anti-discrimination Association of All Fathers, TATA, who was indicted in the past for having sexually abused his daughter. Before the incident Draghici had posted on Facebook a message of solidarity with Ukraine invaded by the Russian troops.

(Radio Romania International)