ARTS & LEISURE

NEWS IN BRIEF

Rearrangement of park in Sighisoara, from EU funds


A park in Sighisoara will be rearranged as part of the program “Beautiful Romania,” supported by EU funds. The value of the investment is over RON 700,000, according to a press release issued yesterday by the Mayoralty of Sighisoara and quoted by Mediafax, and it is a non-reimbursable funding granted for the arrangement of green spaces, provided to the park situated at the junction of Zaharia Boiu Street and the 13th National Road.


The rearrangement of the park is financed by the United Nations Program for Development, as part of the project “Beautiful Romania,” and the investment totalizes RON 730,104.89, the quoted source shows. According to the same sources, the deadline of the works is September 13, and the park, with a total surface of 1,645 square metres, will include four areas with specific destinations. More precisely, a vegetation rearrangement will be performed in the main area, the central area is destined for relaxation, another area is destined for entertainment and the last is the “promenade area.”


Art Boulevard – Art in the Old Centre of Bucharest


Exhibitions, film and ad broadcasts, concerts, street theatre, dance, juggleries and interactive workshops will take place in the Old Centre of Bucharest, from August 12 to September 20, entitled Art Boulevard, the organizers of the event announced. Therefore, the Art Music and Film Association, quoted by Mediafax, intends to transform, throughout the event, three streets of the Old Centre of Bucharest into a centre of the cultural life in Bucharest, where artists of all domains will be granted the opportunity to express themselves and the audience may interact with various art forms and their creators.

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SPORTS

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League 1, second leg matches this weekend


Gaz Metan – U Craiova, Dinamo Bucharest – Intn’t Curtea de Arges, FC Brasov – Astra Ploiesti, Pandurii Tg. Joi – FC Vaslui, Unirea Urziceni – Rapid Bucharest, Gloria Bistrita – Unirea Alba Iulia, Otelul Galati – Ceahlaul P.N., Poli Iasi – FC Timisoara, Steaua Bucharest – CFR Cluj


Men’s handball: Romania’s group includes Bosnia, Finland and UK


Romania’s national men’s handball team will play in the second group of the European qualifications for the 2011 World Championship, along with the teams of Bosnia, Finland and UK, after the drawing of lots that took place this Thursday in Vienna. Each team that will reach the first place of a preliminary group will qualify for the playoff. Europe will be represented by 14 national teams in the final tour of the 2011 World Championship, which will include 24 teams.


Gheorghe Constantin wanted to commit suicide


After four months of arrest, the former Chief Referee had a nervous breakdown and hit a table with his head until he broke it. Cornel Penescu’s lawyer, Florentin Sorescu revealed on Wednesday that Gheorghe Constantin, Penescu’s cellmate, attempted to commit suicide, ‘Adevarul’ announces.


The lawyer Sorescu declared that the health condition of former Chief Referee Gheorghe Constantin, Penescu’s cellmate, was extremely worrying. He mentioned that “Valcea” had had a suicidal attempt during the weekend. “He hit the table with his head until he broke it,” Florentin Sorescu declared.

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NEWS IN BRIEF

German tourist dies in Fagaras Mountains


A German tourist died in the Fagaras Mountains yesterday morning after he fell in a precipice near the Turnuri chalet, Adrian David, the head of the Sibiu Mountain Rescue Service, stated for Realitatea TV. The tourist was on the mountain with a group of 9 persons. Yesterday morning around 9 AM he slipped and fell from a ridge. ‘This morning we’ve tried to recover his body using a helicopter but the weather was unfavourable so a Sibiu Mountain Rescue team left on foot, but the mission is very difficult because that is a very difficult area,’ David stated.


Serbian caught crossing illegally seeks asylum in Romania


A 25-year-old Serbian citizen caught by Timis border police while crossing the border illegally asked asylum from Romanian authorities, Mediafax reported. The young man was captured while crossing the border at Deta, Timis County. He will be entrusted to the Romanian Immigration Office, which will handle all necessary legal formalities.


Fire drill at Bucharest Tower Center


More than a hundred firefighters, twelve fire trucks and three SMURD ambulances, along with a mobile hospital unit and other emergency crews took part in a fire drill yesterday at Bucharest Tower Center, a 103-meter tall building located downtown. The drill was staged by the Emergency Situations Inspectorate in Bucharest.

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Tariceanu: Basescu is “undertaker,” Boc is “executioner”


Ex PM Calin Popescu Tariceanu attacked the Boc government and President Traian Basescu in comments on his blog on Wednesday. The former premier compared Emil Boc with “an executioner of Romanian economy,” and called the head of state “a master undertaker”. “The Boc-Basescu government is now playing two parts: executioner and master undertaker. I mean, first they’re trying to kill you. If you survive, they’ll tax you again next time. If not… they assure your funeral,” Tariceanu wrote. Recently, the former prime minister criticised several other Democrat Liberal leaders on his blog, including ex Youth and Sports Minister Monica Iacob-Ridzi and Tourism Minister Elena Udrea, calling them “modern-day Joan of Arc.”


Spiru Haret trial, postponed


The legal suit opened by Spiru Haret University against the government, seeking to suspend a government decision banning the university from holding admission examinations, was postponed until August 11. During the first court hearing yesterday, the government’s representatives said that Aurelian Bondrea is not rector of the university and therefore cannot represent the institution in court. The court thus decided to postpone the trial.


The government’s lawyers said Bondrea is not recognized as rector of the university by the Education Ministry, according to Agerpres. Moreover, they said the legal action opened by the university is not valid because the documents were signed by Bondrea and so were the lawyers’ mandates. On August 11, Spiru Haret’s lawyers will have to bring evidence confirming that Bondrea is rector and president of the university.


Tokes was Hungarian agent


The former head of the anti-STASI compartment within the communist Securitate, Ioan Rusan, said in an interview to daily ‘Ziua’ that MEP Laszlo Tokes must be dismissed from the European Parliament because he was a collaborator of the Hungarian political police.


Rusan, a former Securitate officer before 1989, spoke of the moment when Hungarian intelligence agents received an order to organize the Hungarian clergy in Romania in an efficient intelligence structure. Rusan said the structure included pastor Laszlo Tokes, the honourary president of the Democratic Union of Hungarians in Romania and of other irredentist organizations, who is currently an MEP. “Let me make myself very clear: Tokes was an agent of the Hungarian communist security and the European Parliament should send him home. While the media condemns Gica Popescu or Romosan, this former agents of a communist rule subordinated to Moscow is flying from Brussels to Budapest and gives lessons to Bucharest,” Rusan said.

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BUSINESS

NEWS IN BRIEF

Foreign investors purchase financial instruments worth some EUR 140 M


Purchases made by foreign investors on the stock market exceeded sales by EUR 7.2 M during January-July 2009, according to data issued yesterday by the Romanian National Securities Commission (CNVM), quoted by Agerpres.


During the given interval, foreigners purchased on the capital market financial instruments worth EUR 138.718 M and sold worth EUR 131.504 M. Foreign capital inflows on the stock exchange totaled EUR 90.834 M, almost EUR 30.7 M higher than outflows, which stood at EUR 60.166 M, according to data collected by CNVM. Foreign capital inflows on the stock exchange in July 2009 amounted to EUR 4.375 M, against capital outflows worth EUR 3.977 M. The volume of acquisitions made by foreign investors on the Romanian capital market totaled EUR 5.357 M, RON 22.589 M respectively, while the sales volume in the market was EUR 4.831 M, with net sales worth EUR 526,000.


Allianz-Tiriac Asigurari: revenues of RON 676 M from gross subscribed premiums


The revenues made by Allianz-Tiriac Asigurari from gross subscribed premiums totalled RON 676 M in the first half of 2009, down 3 per cent than in the year-earlier period, Agerpres quotes an Allianz-Tiriac statement as saying. In the life insurance segment, gross subscribed premiums account for RON 48 M, RON 5 M less than in the similar period a year ago. ‘The situation is explicable given the drastic reduction in life insurance policies of the unit-linked type– products that account for a major portion of the company’s life insurance portfolio – could not be set off by sales in traditional policies,’ the company statement shows.


At the end of the first half of this year, Allianz-Tiriac Asigurari posted a gross profit of RON 18.3 M. The operational result improved significantly, with the life insurance sector making a first-half operational profit of RON 4.9 M in 2009, against RON 2 M in 2008.


ECB holds benchmark rates at 1 pc, as expected


The European Central Bank kept its main refinancing rate unchanged at a record low of 1.0 per cent on Thursday, as expected by economists. The ECB also kept its overnight deposit rate, which acts as a floor for money markets, at 0.25 per cent and left its marginal lending rate at 1.75 per cent. All 75 economists in a Reuters poll expected the ECB to leave rates on hold. The ECB has lowered its rates from 4.25 per cent since October after the financial crisis wreaked havoc in the euro zone economy and inflation risks have subsided. Euro zone consumer prices are falling and the economy is still shrinking, although some recent data has shown improvement.

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