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Romania wins two Gold medals, two Silver medals and one Bronze medal in Francophone Games


Ancuta Bobocel and the Cristina Hirici/Alexandru Cazacu pair have won Gold medals in the Francophone Games in Beirut. On Sunday the Romanian athletes won two Silver medals and one Bronze medal. Bobocel won the 3,000-meter obstacle race in 10 minutes, 5 seconds, outclassing Morocco’s Hanane Ouhadou (10 minutes, 7 seconds, 40 hundreds of a second) and France’s Elsa Delaunay (10 minutest, 48 seconds and 29 hundreds of a second). Hirici and Cazacu won the table tennis final by defeating Canada’s Mo Zhang/Peter-Paul Pradeeban, score 3-0 (11-9, 11-9, 11-4). In the women’s singles event Cristina Hirici won the Bronze medal in a tie with France’s Audrey Mattenet. Mo Zhang (Canada) won the event and Hoang My Trang Mai (Vietnam) finished on second. In the hammer throw event Bianca Perie finished second with a 67.67-meter throw. France’s Manuela Montebrun won the Gold medal with a 70.26-meter throw. Alin Anghel won Romania’s second Silver medal on Sunday in the triple jump event with a 16.24-meter jump. Cameroon’s Hugo Mamba Schlick won the event with a 16.78-meter jump.


Romania’s basketball team to play in the final


The Romanian women’s national basketball team has qualified on Sunday for the final in the Francophone Games in Lebanon after defeating Tunisia in the semifinal, score 55-49 (31-25). Romania topped Group B with 8 points after registering four consecutive wins, defeating Senegal (79-67), Belgium (88-76), Cameroon (73-47) and Lebanon (85-49).


Simona-Iulia Matei wins Dobrici tournament


Romanian tennis player Simona-Iulia Matei, top seed number 2, has won the tournament in Dobrici (Bulgaria) on Sunday, the itftennis.com website informs. The tournament has total prizes of USD 10,000. The Romanian player defeated Bulgaria’s Dia Evtimova, the tournament’s favourite, in the final, score 6-2, 6-3.


Japan plans World Cup bid despite Tokyo’s 2016 failure


Japan plans to bid for the 2018 and 2022 World Cups despite Tokyo’s failure to win the right to stage the 2016 Olympics. The Japan Football Association (JFA) initially said a bid would hinge on the result of last Friday’s International Olympic Committee vote in Copenhagen, won by Rio de Janeiro. But a JFA official told Reuters on Monday there were no plans to pull out of the running for the 2018 and 2022 tournaments. Japanese organisers would use venues from the 2002 World Cup, which the country co-hosted with South Korea. However, new FIFA rules require World Cup host countries build a stadium with a minimum capacity of 80,000 for the opening game and final. The JFA had planned to use the proposed 100,000-seater waterfront Olympic stadium had Tokyo won the 2016 Olympic vote. Yokohama, venue for the 2002 World Cup final, has Japan’s biggest stadium with a capacity of 70,000. JFA president Motoaki Inukai wants Tokyo – which did not host matches at the 2002 tournament – to stage the World Cup final. “I want the final to be played in our capital,” Inukai told Monday’s Japanese media. The hosts for both 2018 and 2022 will be announced in December next year. England, Russia, Australia and the United States are among those bidding for 2018 and 2022.

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US Ambassador thanks Basescu for reconfirming Kovesi


Mark Gitenstein, the US Ambassador to Bucharest, has thanked President Traian Basescu yesterday for reconfirming Laura Codruta Kovesi as general prosecutor and for appointing Corina Gatej as Presidential advisor.


‘This government’s continuing commitment to the rule of law cannot and I am confident will not flag. I would like to take this opportunity to thank President Basescu and his colleagues for their relentless effort to settle the judges’ strike. Without a functioning, disinterested judiciary, laws are no more than empty words. And, of course, the reappointment of Laura Kovesi demonstrates a commitment to hold the powerful accountable. And your appointment of our friend Alexandra Gatej demonstrates that you want someone around you who really understands business. Two remarkable women – Thank you Mr. President!’ the Ambassador told Basescu at the opening of the Romanian Economic Forum.


SRI and MoD declassify Revolution records


Romanian Prosecutor General Laura Codruta Kovesi stated on Realitatea TV, on Saturday that the Public Ministry had written to the Romanian Intelligence Service (SRI), to the National Council for the Study of the Former Securitate Records (CNSAS) and to the Ministry of Defence asking them to declassify the Revolution-related documents, and all three institutions had agreed.


‘I believe this action to be a step forward in finding out the historical truth. We, the magistrates, are only supposed to determine the legal truth, the truth administered evidence leads to’, Kovesi stated during a TV talk-show. Reserve General Dan Voinea, formerly the military prosecutor who had dealt with the Revolution cases, explains for ‘Romania libera’ daily that the documents Kovesi meant are combat logs, historical records and the day orders per army unit. So far, such documents have been only accessible to the military and civil prosecutors working on the various Revolution cases. On the other hand, the Prosecutor General is taking these steps in the context where several revolutionaries’ associations are complaining to the European Court of Human Rights (ECHR) that the Romanian authorities do not allow them free ‘access to the file’ meaning they are not permitted to photocopy the entire content of the files.

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Parties further ignore call over referendum


The joint meeting of the Permanent Bureaus of Parliament called yesterday, at PDL’s request, over the referendum could not take place because of the lack of quorum, the Democrat-Liberal representatives alone being present, the PDL questor Dumitru Constantin announced, stressing that a new call was made for tomorrow. “Today (yesterday – editor’s note), at the initiative of the two parliamentary groups of PDL from Senate and the Chamber of Deputies, we called the joint meeting of the Permanent Bureaus in order to discuss the request made by President Traian Basescu to organize a referendum on the day of the presidential elections. It is for the second time when we meet from our initiative, but unfortunately only us, the PDL members, meet; the Democrat-Liberal said. He stressed that the other members of the Permanent Bureaus came neither last Thursday, nor on Monday.


The Speaker of the Chamber of Deputies, Roberta Anastase, also launched a public appeal to the PSD leader Mircea Geoana “to fulfill his obligations as Speaker of Senate” and establish together a joint meeting of the Permanent Bureaus in order to discuss the request regarding the referendum. “I called Mr. Geoana but he did not answer my phone call. I understand that he is in electoral campaign. I shall appeal publicly to Mr. Geoana in order to meet and establish the meeting of the common Permanent Bureaus,” Anastase said.


OSCE to support any consensus solution for Transdniester


The Organisation for Security and Cooperation in Europe (OSCE) will support any solution that might bring about consensus in negotiations over the Transdniester frozen conflict, OSCE Secretary General Marc Perrin de Brichambaut said yesterday in Bucharest. His comment came when asked about OSCE’s position to the Republic of Moldova’s suggestion that Russian troops in Transdniester be replaced with a European Union civil mission.


Russian troop pullout “is not a totally new idea. It was voiced in the past, but not successfully. We must be realistic, however – we need the support of all sides involved to apply this idea and make it efficient,” de Brichambaut said, quoted by Agerpres. The OSCE secretary made these statements during a conference on “Security implications of climate change in the OSCE area,” organised in collaboration with the the Foreign Ministry.


During a visit to Brussels last week, the new prime minister of Moldova, Vlad Filat, asked for EU support to replace Russian peacekeepers in Transdniester with international observers.

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BUSINESS

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RON could fall below its spring level


The current political crisis is the most serious thing that could have happened against the backdrop of an economic crisis and the consequences could be serious not only in the immediate future but also on the medium and long term, Victor Safta, director of the Romanian branch of X-Trade Brokers, the largest brokerage house in Central and Eastern Europe, stated. ‘The negative economic implications are significant even if we take into account only the effects that the crisis has on the EUR – RON exchange rate because the RON’s depreciation will be reflected in the price of utilities, the price of consumer goods and the price of the exports that are affected by the general crisis as it is,’ Victor Safta underlined.


‘Internally the RON has registered a much higher volatility and a much steeper depreciation than it did externally, and that is because of the local financial market’s stronger sensitivity towards the recent political developments. In what concerns the foreign companies, they have enough problems because of the global crisis so that from the point of view of backing their different branches or of reorienting themselves towards other markets the political crisis in Romania will be a deadweight that will remove the country from their list of priorities,’ Victor Safta underlined. The X-Trade Brokers analysts consider that in the absence of a sustained BNR intervention the EUR – RON exchange rate will surpass the value registered early this year back when it went beyond the RON 4.3 for EUR 1 threshold.


BNR injected RON 11.2 bln in banking market yesterday


BNR injected yesterday RON 11.2 bln (EUR 2.62 bln) in the banking market, through a repo operation with maturity on October 7, in the conditions in which the similar operation made on October 1, through which it injected RON 11.97 bln, expired on Monday, HotNews informs. The repo operation made with the participation of 22 banks was carried out with an interest rate equal to the monetary policy one, of 8 per cent per year. On October 1, BNR injected RON 11.97 bln (EUR 2.77 bln) in the banking market, with an interest rate of 8 per cent per year, with maturity on October 5, and with the participation of 12 banks.


Pogea deems out of question to break IMF agreement


Further to the evaluation made by the IMF experts, there isn’t any risk to break in quarters 2 and 3 the agreement signed by Romania with the international financial institutions, the finance minister Gheorghe Pogea declared yesterday, Realitatea.net informs. “Presently, if we consider the evaluations made by IMF in the second quarter and even now for the third quarter, we do not have any reason to believe that it will not continue. It is a great advantage for Romania to maintain the stand-by agreement with IMF, to maintain the funding lines with the European Commission and the World Bank,” Pogea said.

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David Smith, new Ernst & Young Executive Director


Ernst & Young Romania ahs appointed David Smith as Executive Director in charge of the Fraud Investigation and Disputes Services, part of the audit department, the company announced yesterday, according to a press release. Smith has over 16 years of experience in corporate fraud investigation and damage assessment, as well as in commercial litigation accounting consulting, reads a company press release. Having joined Ernst & Young in 1998, Smith has been operating within the FIDS at the company’s offices in the UK, Ireland, Australia and the Czech Republic. Ernst & Young provides financial auditing services, tax and transaction consultancy and has over 144,000 employees worldwide. The company has been operating in Romania since 1992 with 450 workers and offices in Bucharest, Cluj-Napoca and Timisoara.


Patriciu, Neculae, Tiriac, on the top three places in Top Forbes Romania


The businessmen Dinu Patriciu, Ioan Neculae and Ion Tiriac rank on the first three places of the first edition of Top Forbes Romania, with fortunes of EUR 2.2 bln, EUR 1.2 bln, and respectively EUR 850-900 M, Mediafax reports. On the fourth place in the top we find Gabriel Popoviciu, with a wealth estimated at EUR 600-650 M, followed by the brothers Emil and Marius Cristescu, with EUR 600 M. Sixth is Radu Dimofte, business partner of Gabriel Popoviciu, with EUR 450 M, followed by Veronica Dragan, wife of Iosif Constantin Dragan, whose wealth is estimated at EUR 420-450 M. Gigi Becali is only on place 27, with a wealth of EUR 200 M.


PSD-backed directors sacked from energy companies


Economy Minister Adriean Videanu has started yesterday the purges within the state-owned energy companies, sacking the directors that had been appointed or politically-backed by parties other than PDL. According to HotNews.ro, Ioan Rusu, the general director of Transgaz, is the first to leave office, set to be replaced by Florin Nicolae Muntean. The latter is a PDL member and he previously was the company’s general director from 2005 to 2007. The interesting fact is that Muntean was replaced by Ioan Rusu in 2007. PDL is thus trying to place its own people in the key positions within the energy companies. Before Adriean Videanu issued the order through which he sacked Transgaz’s director, Tudor Serban, secretary of state within the Ministry of Economy, stated that the activity of the persons backed by PSD will be scrutinized, suggesting that those that had been appointed based on political criteria could be replaced. Ioan Rusu was appointed in charge of Transgaz by PNL, but he nevertheless obtained PSD’s political backing after the change of government, a fact that kept him in office until now.

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