Romanian Daily News

Romanian Daily News – Saturday 28/05/2022

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. Agerpres

Managers expect sharp rise in processing, construction and retail trade prices

Romanian managers estimate for the next three months a sharp rise in prices in the processing, construction industry and retail trade, according to data released Friday by the National Institute of Statistics (INS).

. Ziarul Financiar

European Commission OKs EUR1.4B For Romania Project Financing Under Modernization Fund

The Modernization Fund is a program of the European Union (EU) aimed at supporting ten Member States to meet 2030 energy targets by helping to modernize energy systems and improve energy efficiency.

. Stiri pe Surse

2,554 Ukrainian children enroll in schools and kindergartens in Romania, until Friday

As many as 2,627 students and pre-schoolers, refugees from Ukraine, have submitted requests to enroll in Romanian schools and kindergartens, 2,554 of these were already distributed, the Minister of Education Sorin Cimpeanu announced on Friday.

. Evenimentul Zilei

Huge losses for private pension funds

Romania’s withdrawal from two Russian-controlled banks will have a boomerang effect on private pension funds.  Experts estimate that bonds issued by these institutions worth 200 million euros and losses will be huge.

. Evenimentul Zilei

Breaking news about pensions

The Minister of Labor spoke on Friday evening about the recalculation of pensions. Marius Budai stated that the process is a priority for the Executive, which is included in the commitments of the National Recovery and Resilience Plan (PNRR) of Romania.