SPORTS

NEWS IN BRIEF

Sabau, the official coach of FC Timisoara


Ioan Ovidiu Sabau has been officially appointed the head coach of FC Timisoara after he previously coached Gloria Bistrita. According the club’s website, quoted by Agerpres, Sabau signed a three-year contract. Sabau left Bistrita and was close to being appointed the head coach of Dinamo but he gave up after reaching an agreement with some of Dinamo’s shareholders because of the uncertain situation that the club finds itself in.


Sabau was Gloria Bistrita’s head coach for four years, ranking 13th in League I at the end of the season.


Viorel Tanase, Otelul Galati’s interim head coach


Viorel Tanase will be Otelul Galati’s interim head coach after Petre Grigoras left, the club informed.


This season Tanase coached the club’s League III team, but on Sunday he led the main team’s training session.


‘After Mr. Petre Grigoras left, with his contract most likely set to be canceled, Tanase will be the interim coach and will be assisted by physical trainer Ionel Tamasanu and by goalkeepers’ coach Tudorel Calugaru, who recently returned to the club’ the club’s website writes, being quoted by Agerpres.


Otelul to train in Poiana Brasov.


‘I have talked with the players and I have told them to think only of the good times during Petre Grigoras’s mandate. In several days’ time we will decide who the new head coach will be but offering a chance to Tanase is also on the table. Life moves on and, since we always came up with good players, why wouldn’t we come up with a head coach to match them?’ general director Marius Stan stated. Grigoras announced that he wants to leave Otelul, being probably set to go to Poli Iasi.


Romania fails to qualify for the European League


The Romanian women’s national volleyball team has failed to qualify for the final tournament of the European League after being defeated by Turkey in Amasya on Sunday, score 3-1 (20-25, 25-16, 25-18, 25-19).


It was the final game of Group B. Turkey won the game after one hour and 37 minutes and finished first in the group. Turkey had won the first game on Saturday, score 3-0. In another group game France defeated Great Britain, score 3-0. Final group standings: Turkey – 22 points; France – 19 points; Romania – 18 points and Great Britain – 12 points. The Final Four will take place on July 11 and 12 in Turkey’s Kayseri. Serbia, Bulgaria, Turkey and France will take part in the tournament.

Related posts

Premiere League: Torres confirmed as Chelsea player, after record transfer

Test

Gheorghe Hagi wants to train Galatasaray again

Test

Multiple Olympic champion Elisabeta Lipa celebrates birthday

Nine O' Clock

Leave a Comment

WORLD

NEWS IN BRIEF

Protests erupt after Honduras coup


TEGUCIGALPA – Shots were fired near the presidential palace in Honduras where protests erupted after the army ousted and exiled leftist President Manuel Zelaya on Sunday in Central America’s first military coup since the Cold War. Hundreds of pro-Zelaya protesters, some masked and wielding sticks, set up barricades of chain link fences and downed billboards in the center of the capital. In neighboring Nicaragua, leftist leaders from the region led by Zelaya’s ally Venezuelan Hugo Chavez gathered in the capital Managua for late night talks on the crisis. Zelaya, in office since 2006, was ousted in a dawn coup after he angered the judiciary, Congress and the army by seeking constitutional changes that would allow presidents to seek re-election beyond a four-year term.


Brael to build 50 new homes in W.Bank


JERUSALEM – Israel’s Defence Ministry said yesterday it had approved construction of 50 new homes at a West Bank settlement as part of a plan for 1,450 housing units, an expansion that defies a U.S. call for a settlement freeze. News of the planned building work emerged hours before Defence Minister Ehud Barak was due to travel to the United States for talks aimed at narrowing a rift with Washington over the settlement issue. He will meet President Barack Obama’s Middle East envoy, George Mitchell.


Slovak president forced off plane after warning


BRATISLAVA – Slovakia’s president was evacuated from his official plane because of a telephone warning shortly before it was due to take off on Monday. Ivan Gasparovic’s aircraft was on the runway ahead of a trip to the Czech Republic when the head of Slovakia’s state security service ordered an emergency check of the plane, Interior Ministry spokesman Erik Tomas said. Police searched the plane but found no security threat, the spokesman said. The caller has been located and detained.


India says fired at from Pakistan


SRINAGAR – An Indian soldier was killed in cross-border firing in Kashmir, an Indian security official said yesterday, though Pakistan denied any violation of a six-year-old ceasefire in the disputed region. It was not clear whether the firing on Sunday night was from separatist militants trying to sneak into the Indian side of Kashmir or from Pakistani troops. “A soldier fell to bullets fired from across the Line of Control late Sunday,” an Indian army official, who did not wish to be identified, said.

Related posts

Australian prime minister resigns after losing party leadership challenge

Nine O' Clock

Romania grieves Shimon Peres’s death

Nine O' Clock

France, Germany ask changes to EU treaties amid bond crisis

Nine O' Clock

Leave a Comment

Social

NEWS IN BRIEF

Romanian-American presidency of NATO Non-proliferation Group


From July 1, 2009 to June 30, 2010, Romania and America will hold the presidency of the NATO Non-proliferation Group. The body has a role in the collective defense against chemical, biological, radiological and nuclear risks. The group represents NATO’s political-military body that ensures the coordination of non-proliferation activities, having the role of advising the North Atlantic Council in order to develop collective defense capabilities against chemical, biological, radiological and nuclear risks and challenges and in order to combat the proliferation of weapons of mass destruction and the means to use them.


Minister Nemirschi investigated by party colleague


The parliamentary commission which investigates the case of minister Nicolae Nemirschi will be headed by the PSD Deputy Mircea Dusa and will establish in the coming days an agenda for the hearing of the minister and of the directors from the ministry about the running of a publicity contract. Dusa declared yesterday that the role of the investigation commission is to take a stand over the lawfulness of the contracts, not over their opportunity.


Sports people not verified by CNSAS


The National Council for the Study of Securitate Archives (CNSAS) is looking into how some of the accredited researchers used the photocopies of the documents they had consulted in the study sessions at the archives, adding that the footballers whose names were circulated over the past few days in the press as alleged Securitate collaborators have not been verified. The names of former football players Gheorghe Popescu, Ladislau Boloni and Rodion Camataru came out in the press during the past few days, with journalists publishing information according to which they had been Securitate collaborators.


Measures for the protection of children


The Romanians who want to work abroad will have to find a person from their family and leave the children who remained at home under his/her protection, otherwise they may be fined between RON 2,500 and 10,000, according to a legislative initiative adopted tacitly in Senate. The legislative initiative stipulates that the Romanian citizens who have children that they support and want to obtain a working contract abroad have the obligation to notify the Public Social Assistance Service or the Local Council under whose jurisdiction is their domicile about their intention to go abroad to work, 40 days prior to leaving their domicile.

Related posts

NEWS IN BRIEF

Test

Romania, Hungary mark 90 years of diplomatic ties

Test

Toba: Some of the paintings stolen in Rotterdam were in Romania, at a certain moment

Nine O' Clock

Leave a Comment

Social

NEWS IN BRIEF

Kelemen Hunor: ‘We don’t want independence and separatism, we want autonomy inside Romania’


UDMR’s presidential candidate Kelemen Hunor told RFI yesterday that Hungarians in Romania had never said and never would say they want separatism and independence, but, instead, speak of autonomy of the local communities inside Romania, equally applicable to Romanians, Mediafax reports.


Kelemen Hunor said Hungarians were seeking local community autonomy within Romania. ‘Hungarians in Romania have never said, are not saying and will never say they want separatism and independence. We are speaking of autonomy inside Romania, autonomy for the local communities’, said Kelemn Hunor. The Hungarian candidate admitted to standing no chance of being elected president, ‘at least this year’. Kelemn Hunor (42) said he was less known than Marko Bela or Gyorgy Frunda were, which ‘is a handicap, but age could be an advantage’.


Bucharest Police creates messenger account


The Bucharest Police has launched yesterday the ‘messenger area’ project on its official website, a project through which it will answer the Bucharesters’ questions, Christian Ciocan, the spokesperson of the Bucharest Police, stated for Realitatea TV. For the time being the project is in the experimental stage and will work only several hours per day, according to the aforementioned source. Christian Ciocan pointed out that through this project the Bucharest Police will answer in real time the Bucharesters’ questions about the documents needed for the release of the record, for the right to carry a gun or about the addresses of police precincts etc. The system will operate through Yahoo! Messenger and the ID of the Bucharest Police will be “dgpmb01.” After the project passes the experimental stage the Bucharest Police will hire personnel to permanently answer the citizens’ questions.


Child dies after MRI investigation anaesthesia


A three-year-old child died at the Unirea Medical Centre (CMU) yesterday, after being anesthetised for a Magnetic Resonance Investigation (MRI), with the Bucharest Doctors’ College taking note of the case. The president of the Bucharest Doctors’ College, Prof. Dr. Ioan Lascar, told Mediafax that, having received information from the press over the case, the institution took note and would open an inquiry. Lascar said an anaesthesia is required for small children undergoing the investigation. Contacted by telephone, the CMU general director, Wargha Enayati, said he had asked for time to see what actually happened in connection with the case.


Policeman’s son who shot girl in the head held in custody


The police officer’s son who shot a girl in the head last week was taken into custody yesterday afternoon by prosecutors with the Prosecutor’s Office attached to the Dolj Tribunal. He was instituted criminal proceedings for murder. ‘Legal proceedings have been ordered against the accused Dinu Cristian Ionut, given the conclusions of the ballistic expertise report. The accused was held by prosecutors and will be brought before the court with a preventive arrest proposal, Prosecutor Magda Badescu told Mediafax.

Related posts

New A/H1N1 infection cases reported last week

Test

Deadly train accident in Buzau County

Test

Basarab overpass, lifts and hospitals to be equipped with seismic sensors

Test

Leave a Comment

Social

NEWS IN BRIEF

70 pc cheaper Internet from Romtelecom


Yesterday, Romtelecom cut its Clicknet Internet retail rates by 70 per cent, to EUR 4.88 (including VAT) for the 2 Mbps connection option, telecom operators informed, according to Mediafax.


‘The new offer brings prices which are smaller by up to 76 per cent than the subscription list prices. Customers who subscribe for Clicknet as part of this promotion will get the modem at half the original price or even free of charge according to the term of the contract and type of subscription.


Michael Tsamaz becomes Cosmote General Manager


The Hellenic Telecommunications Organisation (OTE) has appointed Michael Tsamaz as General Manger of Cosmote, by promotion from his previous position as Deputy General Manger, the Greek telecom group informed yesterday according to Mediafax. At the same time, the OTE shareholders extended the term of the Chairman of the group’s Board, Panagis Vourloumis, reads a press release issued on Monday by the operator that holds Romtelecom, Cosmote Romania and Germanos companies in Romania. The position of general manger had been vacant since September 2008, after Evangelos Martigopoulos had stepped out. Cosmote is currently the third largest mobile telecommunications operator as number of customers in Romania, its main competitors being Orange and Vodafone.


New Citroen C3 in Romania from 2010


The new generation of Citroen C3 will be launched in Europe in November and in Romania at the end of February 2010, local Citroen representation official informed yesterday according to Mediafax.


The current C3 generation has been sold in over 2 M units, Citroen Romania announces in a press statement. The new C3 will have the new, longer windshield called ‘Zenith’, giving enhanced visibility and allowing more light into the passengers’ compartment. The vehicle will be made at the French plants of Aulnay and Poissy. The car will be 3.94 metres long and 1.71 metres high. The model will be first fitted with a Diesel engine releasing 99 grams of CO2 for every kilometre driven and then with a new, more economical engine as of 2012, according to the manufacturer.


New internet banking solution from BCR


At the end of last week, Banca Comerciala Romana (BCR) replaced its former e-BCR solution for individual customers with the BCR Operations through Alternative Channels Service, part of the 24 Banking BCR concept, the bank informed yesterday. The new feature enables the user to make transfers in RON and other currencies to other BCR accounts, to make money transfers in RON and other currencies into accounts opened with other banks, including international transfers, currency exchange (including direct exchange between two foreign currencies), opening a current account in any currency quoted at BCR. Commissions for all these operations are substantially discounted compared to the regular bank office rates – by 75 per cent through Click 24 Banking BCR and by 50 per cent through Alo 24 Banking.

Related posts

“Colectiv” and the conspiracy theory

Huawei rewards Romanian students with a specialized internship program in China

Nine O' Clock

Students are back to universities

Nine O' Clock

Leave a Comment

Social

NEWS IN BRIEF

300 Roma ethnics attack police crew in Rome


Approximately 300 Roma ethnics, some of them of Romanian citizenship, have beaten up 5 police officers on the periphery of Rome on Sunday afternoon, ‘La Repubblica’ wrote in its online edition. According to Mediafax, the incident took place at the entrance of the Porta Portese nomad camp in the Tor Sapienza area. The Roma ethnics gather there each Sunday in order to engage in illegal trade with second-hand objects. The hygienic conditions there are poor. When seeing the police crew the Roma ethnics became violent and attacked the police car. Surrounded by approximately 300 Roma ethnics, the 8 police officers were unable to do anything, 5 of them being beaten up. ‘It was a close call. We realized it was something premeditated. Fortunately we were saved by some people that called the police’ one of the police officers stated. Two Roma ethnics of Romanian citizenship were arrested following the incident.


Three new AH1N1 infections confirmed


A new case of swine flu infection has been confirmed in Bucharest and two others in Iasi. The National Center for the Prevention and Control of Transmissible Diseases has confirmed the new AH1N1 cases. The Health Minister has been quoted by Mediafax with stating that the patient in Bucharest is under treatment within the ‘Matei Bals’ National Institute for Infectious Diseases, with his evolution being favorable. The infected person is a 35 year-old man from Bucharest, a man that returned to Bucharest from Spain on June 23. The other two patients are British teens who arrived in Iasi on June 23. Doctors say their health condition is good and receive anti-viral treatment. The teens came to Romania with a group of other 19 colleagues and three teachers taking part in a social project dedicated to mentally and physically disabled kids.

Related posts

President, blocked on the airport

Test

Census is over, counting continues

Nine O' Clock

ANPC: We discovered two tons of rotten food

Nine O' Clock

Leave a Comment

Social

NEWS IN BRIEF

Kovesi requests criminal pursuit of Ovidiu Musetescu


Prosecutor general Codruta Kovesi requested President Traian Basescu yesterday to launch the procedures for the beginning of the criminal pursuit in the case of Ovidiu Musetescu, former minister of privatization and former president of the Authority for Privatisation and Administration of State Participations (APAPS), in the file regarding the privatization of Alro Slatina and Alprom S.A.


According to Mediafax, the prosecutors say that Musetescu is allegedly guilty of abuse of office and establishing deliberately a reduced value compared to the real commercial value of the assets belonging to the firms whose shareholder the state is. The second deed appears to have been perpetrated by Musetescu in the case of the privatization of S.C. Alro SA and SC Alprom SA. “There are clues that the undervaluation of the package of shares held by the state in the two companies was made in the absence of a competitive environment.”


Liberals postpone sanctioning of weak party branches


Although it was expected that the measures to be taken against the party branches that registered weak results during the EP elections would be included on the agenda of PNL’s Central Executive Bureau meeting yesterday, the Liberals decided to postpone that for next week’s National Executive Council (CNEx) meeting. That meeting will also tackle the reorganization of the municipal branches that registered poor results. On the other hand, PNL President Crin Antonescu could present his Presidential campaign team during the meeting of the Permanent Delegation – a meeting scheduled on the same day with the CNEx meeting. At the same time, the Liberals have established that the Liberal mayors would present an activity report one year into their mandates. ‘Ziarul’ daily wrote yesterday that the Liberal leaders are conditioning the local representatives’ mandates on the number of votes that will be brought for Crin Antonescu in the Presidential elections. Thus, there were talks about imposing on all party branches the signing of anticipated resignations dated December 3 or 4, 2009. The resignations will come into force in the case of those that will bring a small number of votes in the Presidential elections. It seems former Prime Minister Tariceanu had set the tone for such a measure.


PSD to propose six-month economic plan


The Social Democrat Party will this week develop a six-week economic programme meant to limit the effects of the crisis. The programme will be communicated to PSD’s partners in the ruling coalition, the Democrat Liberals, next week, a spokesperson for the PSD, Bogdan Niculescu Duvaz said. The decision was made during a session of the PSD’s National Permanent Bureau. “In our opinion, the economic measures we proposed were exceeded by the reality. The situation has got worse and we have to review the measures. A lot of them did not create the effects that we wanted and we’ll have a very serious discussion with our governing partners,” Duvaz said. PSD’s Permanent Bureau also discussed the possibility of introducing a progressive taxation system, meaning that taxes on high incomes would be increased, party sources said. The move comes as PSD Bucharest leader Marian Vanghelie earlier yesterday said the introduction of the lump tax was the worst decision made by the current government.

Related posts

10-year-old Romanian gives birth in Spain

Test

Senate solemn session to mark Romanian 1989 Revolution

Nine O' Clock

NEWS IN BRIEF

Test

Leave a Comment

BUSINESS

NEWS IN BRIEF

Natural gas cheapens


The price of natural gas has dropped by 5 per cent today following a decision taken by the National Energy Regulation Authority (ANRE), Agerpres informs. On the other hand, ANRE estimates that in Q3 of 2009 the average price of imported natural gas will stand at USD 270 per 1,000 cubic meters, in contrast to the USD 370 per 1,000 cubic meters price estimated for Q2. The cost of imported natural gas was calculated on the basis of the currency exchange rate announced by the BNR on April 30, 2009 and in force on May 4, 2009 – namely RON 3.1603 for USD 1. The resulting value was RON 80.88 per Megawatt per hour (MWh). For Q3 of 2009 the ANRE calculated the cost of the internally-produced natural gas at RON 45.71/MWh, a price that remained unchanged from the previous quarter.


Orange to launch new roaming option


Orange will launch the Travel Data Start today, a new roaming option that includes 2 MB for data streaming in the European Union and Switzerland for an activation fee of EUR 2, a communiqué remitted to the editorial office shows. The people that travel through the European Union and frequently access the internet through the roaming service will benefit from a 25 per cent reduction of the Orange Travel Data Monthly activation fee, the tariffs being thus reduced down to EUR 0.75 per MB (VAT not included). Thus, the Orange subscribers could choose a data Travel Data Monthly data package of 10, 25 or 60 MB for EUR 15, 30 and 45 respectively. At the same time, Orange will cut its standard tariffs for roaming and will offer a single price of EUR 4/MB throughout the networks in the European Union and Switzerland.


Cosmote cuts prices


Certain charge categories for calls and written messages for the EU, provided by the mobile telephony operator Cosmote Romania will be reduced by up to 40 per cent (for calls) and respectively 63 per cent (for messages), starting today, Cosmote Romania announced according to Agerpres. Moreover, the prices for data transfers to the European Union will decrease by 75 per cent. These price cuts were determined by changes in the Roaming Advantage charging plan for voice and SMS services, as well as roaming prices for GPRS. According to Cosmote, the new roaming prices will decrease to EUR 0.43 per minute (no VAT added) for calls from EU countries to other EU countries. The charges for incoming calls will also decrease to EUR 0.19 per minute (no VAT included). Moreover, a message to EU countries will only cost EUR 0.11 per message (no VAT included). Cosmote will also cut GPRS roaming taxes for the EU – the main area visited by the users of the roaming service. Customers will only pay EUR 2 / MB for GPRS traffic.


Herbert Stein, Autoitalia: “We cannot stop the crisis until the end of this year”


The economic crisis is tougher than expected at the beginning of the year, at least for the vehicle market. If there were any hopes that issues would be solved until the beginning of 2010, now, it is difficult to make any predictions, according to Herbert Stein, President of the Group Autoitalia, importer of brands such as Fiat and Alfa Romeo, according to Hotnews.


These days, importers are fortunate if they are able to sell their stocks, and the prices of cars are extremely small, Stein declared at the inauguration of a dealer in the town Focsani. ‘Six months ago, we expected this crisis to end at the end of 2009, and things to improve in 2010. Now, I am not that positive, and it is hard to make any predictions,” Herbert Stein declared. He added that importers should consider themselves lucky if they manage to sell their stocks, as the longer the cars remain at the showroom, the greater the losses, as no space can be provided to new models. The new vehicles’ market decreased by over 50 per cent in Romania during the first five months, and Fiat sales registered a similar decline. At the time being, the market share of the brand is approximately 4.9 per cent.

Related posts

Bucharest rental prices down 8 pc

Test

Tourism Fair: few offers, big prices

Test

Cristina Raiciu, Economic Section of the German Embassy : Not only relations, but a network

Nine O' Clock

Leave a Comment

BUSINESS

NEWS IN BRIEF

Massive layoffs at CFR


Approximately 40 per cent of the employees of CFR Marfa are dismissed starting today, Calin Gratian, General Manager of the company announced according to Agerpres. He also mentioned that it was a temporary measure that will be applied for three months. Moreover, Gratian outlined that the labour contracts of the employees would be canceled for the period of the dismissals and that they will be paid 75 per cent of their wages. At the time being, CFR Marfa has 17,500 employees.


According to the representatives of CFR Marfa, approximately 6,000 employees should be dismissed so that the operator could pay its debt of RON 100 million to CFR, representing the infrastructure usage tax.


RATB to have tramways worth EUR 1 bln


The officials of Bucharest City Hall announced that the plan for the modernization of the stock of vehicles of the Autonomous Transport Regie (RATB) includes the acquisition of 400 tramways, the value of the contract rising to around EUR 1 bln, according to Anterna 3. “We want to set up a partnership with the manufacturing firm for the delivery of the necessary components, the assembly taking place in Romania. The value of a train amounts to around EUR 2.5 bln, the acquisition of the 400 tramways rising in this way to around EUR 1 bln,” said Mircea Raicu, vice mayor in Bucharest City Hall. Raicu estimates that the modernization of RATB will discourage private transport, which will conduct to the fluidization of traffic in Bucharest.

Related posts

FAO: Food price will continue to rise

Test

Over EUR 2.6 bln funds from European Commission, in 2013

Nine O' Clock

First Home: Applications reach historic maximum

Nine O' Clock

Leave a Comment

BUSINESS

NEWS IN BRIEF

BCR backs the entrepreneurs with funding solutions


The Romanian Commercial Bank (BCR) launched a complex range of funding solutions for the small and medium sized enterprises (SMEs) – the overdraft credit line BCR RESTART, and the credit for investments BCR RESTART, and the credit for working capital BCR Restart Micro for the micro-companies, shows a press release remitted to the editorial office. These products are intended for the clients legal persons eligible for the guarantee of the credits in a proportion of minimum 50 per cent from specialized guarantee institutions. Through the BCR RESTART credits, the entrepreneurs benefit from extremely advantageous interest rates both in the national currency – starting from 13 per cent per year – and in Euro, for which the margin added to EURIBOR rate starts from 4.75 per cent.


Eximbank EUR 46 M guarantee for Oltchim


The inter-ministerial commission at Eximbank has approved a EUR 46 M guarantee for the acquisition of the petrochemical division of Arpechim Pitesti from Petrom SA, Mediafax reports. ‘Two weeks ago, the inter-ministerial commission at Eximbank approved the awarding of a EUR 46 M guarantee to Oltchim for the acquisition of the Arpechim refinery petrochemical division from Petrom’, State Asset Resolution Authority (AVAS) President Mircea Ursache said. He added that, based on the information in his possession, Oltchim’s debt to Petrom was nearly EUR 26 M and that an agreement had been made by the parties to negotiate the acquisition of Arpechim’s petrochemical division directly, without the state’s intervention. The Oltchim Ramnicu Valcea (OLT) shareholders last week announced a meeting, on July 24, to discuss applying for a EUR 70 M loan for the acquisition of the petrochemical plant from Arpechim and for financing operations. If the shareholders sanction the measure, Oltchim will take out the loan for a period of six years and a year’s grace period, to overhaul, re-start and finance operations at the Arpechim petrochemical plant.


Lars Ramneborn – the new CEO of Zentiva Romania


Shareholders in Zentiva Romania appointed Friday, June 26, a new CEO in the person of Lars Ramneborn, who replaces Dragos Damian, the pharmaceutical producer announced Monday. Ramneborn’s appointment became effective Monday, June 29, writes a press release sent to the Bucharest Stock Exchange. Previously, Ramneborn was the vice-president in charge of commerce of Zentiva Bucharest, where he coordinated the company’s trading activities, sales and marketing. He has over 15 years of experience in the pharma industry and is working with Zentiva since 2003. Industry sources said Dragos Damian might coordinate the operations of the Romanian division of Icelandic generic pharma producer Actavis, whose local branch has no CEO after Laurentiu Scheusan left in May.


100 companies requested state aid from AVAS


Almost 100 companies requested state aid under different forms from the Authority for State Assets Resolution (AVAS), in the context of the economic crisis, Mircea Ursache, president of the institution, declared yesterday in a press conference, according to Mediafax. “We have almost 100 companies who request us state aid in one form or another,” Ursache said. He declared that many of them are in default of payment of the salaries and suppliers starting from September 2008, as a result of the financial crisis. Ursache added that currently 3,700 companies form the object of post-privatization monitoring, with a deadline in 2014, most of them benefiting from state aid under various forms or common order through which they were granted facilities. AVAS has initiated and is running several initiatives for the granting of state aid through various schemes.


Alternative energy projects in Romania worth EUR 1 bln


The Oxford Sustainable Group (OSG) plans to get involved in renewable energy projects in Romania worth close to EUR 1 bln, through an open investment fund, Hadley Barrett, the group’s general executive director, stated according to Mediafax. OSG, the renewable energy project developer, will launch a new fund, the Oxford Renewable Energy Fund 9, with a capitalization target of EUR 200 M. The Fund will be listed on the Channel Islands’ stock market. According to Barrett, the OSG is an international investment fund. ‘The new projects that will start in January 2010 and will include wind power, biomass and solar power. We estimate that this fund will get involved in projects worth approximately EUR 1 bln, not including the renewable energy investments that are already in development in the region and that are worth approximately EUR 1.5 bln,’ Barrett stated.

Related posts

IMF raises to 3.2 pc GDP growth projection for CEE in 2010

Test

Finance Ministry borrows RON 300 M through 4-year bonds

Nine O' Clock

COSMOTE Romania commercially switches to 4G services

Nine O' Clock

Leave a Comment

POLITICS

NEWS IN BRIEF

Geoana criticises the Governement


During the meeting that concluded the first parliamentary session of the current legislative term, Senate Speaker Mircea Geoana yesterday asked the Cabinet to issue emergency ordinances only in situations that justify such a move, adding that the Executive has an “irresistible wish” to use this mechanism. Geoana explained he does not think there is “real emergency” in all situations that were reported to the Senate and made an “appeal to the Executive to be much more careful with the cases in which it resorts to such constitutional procedures.” According to Mediafax, Geoana drew the balance of the first session of the 2008-2012 parliamentary term, from the Senate’s tribune, at the end of the last meeting in plenum. Geoana explained that, in terms of legal activity, the Senate passed 216 draft laws and 15 legal proposals, as this was the first time when the number of legal proposals largely exceeded that of the draft laws submitted by Government. This also includes the draft laws for passing government ordinances and emergency ordinances. For Geoana, the biggest success was drafting and finalizing the Civil and Criminal Codes. The Senate speaker also mentioned, as a law with a very high importance degree, the act that eases the process of granting Romanian citizenship to the successors of those who lost the Romanian citizenship through repressive measures taken by totalitarian regimes.


Salary and pension cumulative law has to wait until fall


Senators yesterday ruled to send the Law on the cumulative of salaries with pensions to the Labor Commission, in order to avoid it being implicitly approved by Parliament, upon proposal by PSD. Under the draft law submitted by Government, the retired people whose pensions are higher than the average salary in the economy and who also receive a state salary must opt for one of the two income sources. The document reached the Labor Commission, where it suffered a number of modifications. Legislators want to maintain the cumulative of pensions with state salaries, but to introduce the progressive taxation. If the pension is smaller or equal to the average salary in the economy, salary incomes are subject to a 16 pc tax. If the pension ranges between 1 to 4 times the average salary, the tax increases to 30 pc, while those who receive pensions equivalent with four to eight average salaries will pay a 60 pc tax on salaries. The last category, comprising those whose pensions exceed eight average salaries, will pay an 80 pc tax on their salary incomes. According to official data, over 20,000 people in Romania earn both pensions and salaries.


Doru Tulus, reinstated as head of DNA’s Section II


President Traian Basescu has signed on Monday the decree that reinstates controversial prosecutor Doru Tulus as head of the National Anti-corruption Office’s Section II. The Justice Minister’s proposal had been approved by the Supreme Magistracy Council (CSM) last week. Also on Monday Basescu signed the decrees that appointed Carmen Galca and Laura Oprean as deputy chief prosecutors within the National Anti-corruption Office (DNA). Prosecutor Alexandru Ion was similarly appointed as chief military prosecutor of the Military Anti-corruption Section that is part of the same DNA.

Related posts

The PSD rally against abuses, beyond the political speeches. Reactions to the PSD rally

Nine O' Clock

Blejnar’s business dealings brought to light

Nine O' Clock

USL founding rubberstamped nationwide, including Bucharest

Nine O' Clock

Leave a Comment

POLITICS

NEWS IN BRIEF

Dan Voiculescu: PSD should leave Government


Dan Voiculescu, the former leader of the Conservative Party (PC), stated in an interview published by ‘Cotidianul’ daily that it was a mistake from the start for the PSD+PC Alliance to join PD-L in the government, just as it is to remain there. ‘Even during the previous group meeting I recommended, and I am not shy of saying this, PSD to leave the Government as soon as possible if it really wants to convince the electorate to vote a Social-Democrat President for Romania’ Voiculescu confessed, pointing out that he would have preferred a PSD+PC+PNL+UDMR alliance. ‘That didn’t work because PNL was poorly advised and it was adamant to continue appointing the Prime Minister, something that was unacceptable from my point of view. And secondly PSD had people that worked very well at the other end and that facilitated the talks with PD-L.’ In what concerns the Presidential elections this autumn, Voiculescu claims that Traian Basescu will run for office only if he is certain of victory. ‘He has won very much by being firm and the fact that he frequently loses control and is thirsty of making an image for himself – we see him in churches, in fairs, everywhere; he is ubiquitous – denotes desperation. My opinion is that Mr. Basescu will psychically break down’ Voiculescu said. Moreover, the PC leader seems convinced of the fact that Basescu will lose even if he runs for office because he has let the people down. Asked who he thinks will be the new President this autumn, Voiculescu answered: ‘In the absence of surprises, Mircea Geoana.’


Scenario: presidential elections could be rescheduled


Although the date for the Presidential elections this autumn is yet to be established, all kinds of hypotheses on the possibility of rescheduling them have appeared on the political scene. PSD MP Ioan Munteanu thus claimed yesterday in ‘Gardianul’ daily that President Traian Basescu allegedly ‘ranks very badly in the opinion polls’ and wants to delay the Presidential elections, with the first round set to take place in October and the second in November. He claims that the information he has is not a simple rumour, but comes from ‘reliable sources.’ The hypothesis put forward by the PSD MP comes after the Head of State has taken part in a series of events alongside the representatives of the Church and the Army in the last month alone, with the two being the institutions that enjoy the highest confidence in Romania. The idea of rescheduling the Presidential elections is not new however. A similar idea was forwarded at the end of March by PD-L Vice President Radu Berceanu who suggested the scheduling of the Presidential elections on June 7, simultaneously with the EP elections. Emil Boc subsequently stated that Berceanu was talking for himself and that the coalition never talked about that possibility. By law, the date of Presidential elections is set by the Government and is announced at least 45 days before election day.

Related posts

Barna: USR has challenged the three Laws on Justice to the Constitutional Court

Nine O' Clock

CSM issues negative opinion on legislative proposals of modification of justice laws . DNA’s Kovesi: If law on magistrates clears Parliament, it will seriously affect judicial independence

Nine O' Clock

Udrea: No plans to run for City Hall yet

Nine O' Clock

Leave a Comment