Social

NEWS IN BRIEF

Liberals ask for Government’s resignation

Varujan Vosganian, the spokesperson of PNL, has announced that his party is asking for the current Government’s resignation, arguing that the budget deficit has grown threefold in a months’ time and that the Social-Democrat Ministers are rejecting the measures adopted by Prime Minister Boc.

‘This Government should resign. PNL is imperatively asking the Coalition Government to either define its position on the medium and long-term strategy and to set a deadline for applying some of the economic development measures, measures that it should announce as part of a coherent vision, or to resign’ Vosganian stated, being quoted by Realitatea TV. He explained that the Government allegedly promised the IMF ‘to reduce the expenditures by over EUR 1.5 bln, to lay off tens of thousands of employees, to mechanically reduce the wage bonuses by up to 70 per cent, to hike some taxes and fees, to decouple the pensions from the average wage and the inflation rate.’ The Vice President of PNL opined that through these measures PD-L is transferring the crisis’s effects on the Romanians and the Social-Democrat Ministers do not assume the fiscal policies of their Coalition colleagues out of electoral reasons. ‘We warn the Government that the agreement with the IMF, the solution that it considered providential, could become fatal given the lack of a minimal political will, of a minimal responsibility and of a medium-term strategy’ Vosganian added.

British Embassy closed for Easter

The British Embassy in Bucharest will be closed during 10-13 April and on 20 April for the Catholic and Orthodox Easter, a communiqué sent to Nine O’clock on Thursday reads.

Young mountain climber at the foot of Cho Oyu

The dream of young mountain climber Crina Coco Popescu, 14, is about to come true. Following the initiative of Kanal D, the authorities came to her aid and collected the EUR 30,000 she needed for the expedition in the Himalayas, ‘Evenimentul Zilei’ wrote yesterday. After conquering five peaks that surpassed altitudes of four thousand meters and two other peaks that had altitudes of approximately seven thousand meters, Coco is now ready for her greatest challenge. In less than three weeks she will start her expedition on Cho Oyu, a mountain that is over eight thousand meters high. Crina could become the youngest mountain climber in the world to conquer such a high peak.

Law prohibiting plurality of state revenues to become applicable as of June 1

The deadline set for the going into effect of the law which prohibits the cashing of both pension and salary from the state is June 1, 2009. The employers who violate the provisions of the normative acts may be fined with fines between RON 2,500 and 5,000, according to Realitatea TV. The draft law refers to the persons who retired for age limit, belonging both to the public pension system and the systems not integrated to the public one, and who have revenues from salaries or assimilated to them derived from an activity exerted subject to individual labour contract, working relations or an appoin­tment act. The pension can be received at the same time with revenues from the state or assimilated to them only if the level of the pension is smaller or at most equal to the average gross salary considered upon the substantiation of the state social insurance budget and approved through the law of the state social insurance budget law.

Tower sinks Circus Lake

Towers built overnight are starting to affect Bucharest parks and lakes. After ‘Jurnalul national’ daily wrote a few months ago about the way in which big buildings had destroyed the city’s appearance as well as the ground water on the outskirts, the journalists revisit the topic in yesterday’s issue. According to them, the high buildings in Piata Victoriei or the glass colossus near the Armenian Church created a lot of issues for their neighbours, one of them being flooded basements. The same happened with the Circus Park. The 34-metre deep foundations of a nearby residential development have affected both the ground water and the natural sources feeding the lake. Since no measure has been taken by the Municipality for two years, the locals have turned to the Lakes, Parks and leisure Administration for help.

Related posts

Romania, Hungary mark 90 years of diplomatic ties

Test

Baconshi – Netanyahu meeting

Test

NEWS IN BRIEF

Test

Leave a Comment

Social

NEWS IN BRIEF

Naval co-operation task group BLACKSEAFOR in Constanta

The naval co-operation task group in the Black Sea – BLACKSEAFOR including the ‘Slavutich’ command ship (Ukraine), the ‘Smeli’ corvette (Bulgaria), ‘Rear Admiral Eustatiu Sebastian’ corvette (Romania), the ‘Azov’ descent debarking ship (the Russian Federation) and the ‘Fatih’ frigate (Turkey) will stop in the Port of Constanta from April 10 to April 14, 2009. The ships will moor Friday, April 10. During their stopover at Constanta, the BLACKSEAFOR members will carry out specific dock training, will attend workshops and will also do some sightseeing, according to a press release. The programme of the stopover includes meetings with the Fleet command and with the representatives of the local authorities.

The BLACKSEAFOR ship group under Ukrainian command is taking part in the second phase of its activity number eight. While at sea, among other things, the ships perform search and rescue, humanitarian aid and environmental protection operations.

Eight parties filed lists of candidates

Four parties represented in the European Parliament – PSD, in electoral alliance with PC, as well as PDL, PNL and UDMR – and also four parties without representation in EP – PRM, the Ecologist Party, the Green Party and PNT-CD – filed with BEC lists of candidates for the EP elections. According to Mediafax, BEC spokesman, Marian Muhulet, declared yesterday that three independent candidates – Elena Basescu, Mihaela Mihai and Pavel Abraham – have submitted their candidacies to the Central Electoral Bureau (BEC). He stressed that BEC has issued so far decisions through which it accepts the candidacies proposed by UDMR, PNL and PDL, and for the independent candidate Elena Basescu. Muhulet said that all the three political formations whose candidates were accepted presented full lists of 43 candidates. According to the quoted source, BEC will analyze and issue decisions in the coming days in connection with the remaining lists of candidates and the independent candidates. Muhulet pointed out that, according to the legal provisions, BEC must take a stand in connection with the acceptance of the candidacies within five days as of their submission.

Related posts

Prince Charles, Patriarch Daniel discuss conservation of Romania’s cultural, religious heritage

Nine O' Clock

PM Tudose says current circumstances require mandatory vaccination in Romania

Nine O' Clock

Romanian dies in attack on UN offices in Afghanistan

Test

Leave a Comment

BUSINESS

NEWS IN BRIEF

UniCredit: Romania to register a GDP contraction of 4 pc

The analysts of the UniCredit group expect a GDP contraction of 4 per cent this year as a consequence of the significant drop in the internal demand, a press release informs. In the opinion of the UniCredit analysts, the Romanian economy’s vulnerability and its exposure to the global financial crisis have become obvious in Q4 of 2008 when the GDP suddenly slowed down. Powerful corrections were registered in the case of private consumption which slowed down from 14.6 per cent in Q3 to a 3.7 per cent contraction, while the investments remained positive at a level of 2.8 per cent but registering a significant drop from the 27.7 per cent hike registered in the first three quarters. The UniCredit analysts expect that the private consumption will lose its role as the economy’s engine and will register negative values throughout 2009.

Elena Udrea promotes Comana- Neajlov Delta area

Tourism Minister Elena Udrea intends to promote Comana- Neajlov Delta area and support investment in the region to attract Romanian, German and Austrian tourists on cruises on the Danube. ‘We will look for resources to invest in the area also in the ministry’s funds, but I will also try to speak to private operators. It would also be nice to set a pontoon in the Neajlov Delta, but a project has to be done first before starting with all these investments’, Elena Udrea said during a visit to the locality of Comana, Giurgiu County, yesterday, according to Mediafax. On Friday, Udrea is visiting Bucovina where she will attend tourist promotion activities in Suceava County organised under the generic name ‘Spend Easter in Bucovina!’

500,000 unemployed in Romania

The number of unemployed in Romania has risen by 35,000 in March, according to the data published by the National Employment Agency and quoted by Antena 3. Thus, the total number of unemployed people has surpassed 500,000. Of those, well over 280,000 have no source of income from the state. According to the National Employment Agency, the rate of unemployment was 1.5 per cent higher compared to the same period last year. At territorial level the number of unemployed has risen in almost all Counties and in Bucharest. The most affected Counties were Sibiu, Brasov and Vaslui County. Vaslui County has the highest rate of unemployment – 11.9 per cent. Ilfov County is at the opposite side, registering an unemployment rate of 1.6 per cent.

VAT reimbursement issues drive multinational companies away

Many multinational companies present in Romania moved their subsidiaries to Bulgaria and Hungary, countries where VAT reimbursement is more efficient and prompt, Daniel Anghel, partner for PricewaterhouseCoopers declared, as quoted by Realitatea TV. He outlined that there were cases when “a trunk of documents” is required, while Western countries provide the opportunity of electronic database check. Not to mention that the crossed controls with suppliers of the European database might block VAT reimbursement for another year. The General Secretary of the Romanian Businesspersons Association (AOAR), Cristian Parvan thinks that there are solutions. “We could follow the example of Germany or France, where the VAT was increased by three per cent so that a diminishment of labour force related taxes could be granted,” he explained. Parvan outlined that prices would not increase this way, the population would be able to keep its buying power, companies would be able to keep their profit and to reduce imports at the same time, stimulating internal production.

Allianz – ‘Best Insurance Company of Central and Eastern Europe’ Award

Euromoney has granted Allianz the ‘Best Insurance Company in central and Eastern Europe’ Award after an annual insurance survey, Agerpres informs. Allianz comes in first in Central and Eastern Europe for the ‘Best Insurance Company’, ‘Best Prices’, ‘Best Insurance Company in the Area of Innovation’, ‘Best Insurance Company in Claim Settlement’, and ‘Best Range pf Products’ categories. Within the survey, chief financial officers, risk control managers and other direct insurance buyers representing large corporations were invited to give their opinion on the company from which they had bought insurance policies and to state the reasons for which they had made their choice.

Related posts

Romania’s central bank profit down 30pct to 783.45 million lei in 2015

Nine O' Clock

Hidroelectrica gave up EUR 90 M last year, press

Nine O' Clock

Gov’t to lift restrictions on opening hypermarkets

Nine O' Clock

Leave a Comment