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Bucharest
September 20, 2020
SPORTS

NEWS IN BRIEF

Soccer U-17:
Romania 1 – Germany 3



On Wednesday Romania’s U-17 national football team lost its friendly game against Germany in Mogosoaia, score 1-3 (0-2 at half time). Germany’s goals were scored by Roussel Ngangkam (18th and 22nd minutes) and Amin Younes (55th). Romania’s only goal was scored by Matei (71st minute, penalty kick). The two teams, which are both qualified for the elite tour of the European U-17 Championship, will play again on Saturday in Bucharest’s ‘Juventus’ stadium at 2 PM. Germany’s U-17 team is the European title holder.


Nigerian football rocked by row


Nigeria’s U-17 national football team is accused of using a 25-year-old player in the World Cup (the team finished on second place after losing the final against Switzerland). Fortune Chukwudi is accused of being eight years older than the age written in his ID. Nigeria’s U-17 team is the world’s runner-up but its troubles are only starting. The team will be forced to prove that Chukwudi, the team’s captain, is 17 years old as declared in the game’s official documents. FIFA has pointed out that it is waiting for the results of the tests carried out before the final tournament, with the age of the players set to be revealed by the density of their bones.

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BUSINESS

NEWS IN BRIEF

Slow recovery
of the dollar, market
eyes US inflation



The dollar eased back on Wednesday from its biggest rise in three weeks the previous session, as traders awaited U.S. inflation data and minutes from the Bank of England’s November meeting for further direction. The dollar had rallied on Tuesday on the back of rare comments on the currency by U.S. Federal Reserve Chairman Ben Bernanke, comments later echoed by other Fed officials and European Central Bank President Jean-Claude Trichet. That pushed the euro well below USD 1.50, but most dealers say the dollar’s gradual, longer-term decline is still intact. In Romania, euro reached 4, 2778 lei, the minimum of the last six weeks while the dollar reached 2,8749, up with 0.35 pc.


Azerbaijan threatens
to sell gas to Asia if EU won’t speed up Nabucco



Azerbaijan threatens to start massively selling natural gas towards Asian states unless the European Union speeds up the natural gas pipeline projects that would link Europe to the Middle East, Mediafax informs. ‘If Europe takes too long to find a solution all the natural gas from the Caspian region will go to Asia. The situation is more serious than it looks,’ Elshad Nassirov, the Vice President of SOCAR (State Oil Co. of Azerbaijan), stated. Europe seeks to reduce its dependence on natural gas imports from Russia after the deliveries were repeatedly perturbed or interrupted in recent years by the disputes that Moscow and Kiev had over the debt that Ukraine’s Naftogaz state company owes to Russia’s Gazprom.


Porsche Romania: Car sales fell by 65 pc in 2009


The local market of commercial vehicles lost over 65 pc during January-October 2009, compared to a year ago, and will stagnate in 2010, the head of the Volkswagen Autovehicule Comerciale division of Porsche Romania, Eugen Grigoras announced yesterday. “Speaking in terms of sold units, 13,000 commercial vehicles were delivered this year and the number will reach 16,000 sold cars by the end of December,” the company official told the launch event of the new Volkswagen Transporter. During the first nine months of 2009, 11,942 commercial vehicles were sold in Romania, 71 pc less than the 41,281 units delivered a year ago, according to data released by the Association of Carmakers and Importers (APIA). The 1,450 commercial vehicles it sold during January-October brought Volkswagen a share of 11 pc of the Romanian market.


Bank Leumi Romania
posts 60.3 pc higher profit after nine months



Bank Leumi Romania posted a net profit after the first nine months of RON 11.7 M, 60.3 per cent higher than the profit registered in the first nine moths last year – RON 7.3 M. According to the International Financial Reporting Standards (IFRS), on September 30, 2009, Bank Leumi Romania owned assets of RON 1.311 M, slightly up – by 0.76 per cent – compared to the previous year: RON 1.310 M. The value of gross loans granted by the bank by the end of September 2009 was RON 942 M, 6.2 per cent more than the volume reported for the similar period in 2008: RON 887 M. At the same time, the bank attracted RON 725 M from clients and the registered share capital of the bank, 99.9 per cent of which is property of Bank Leumi Ie-Israel was RON 272 M, 4.6 per cent more than in December 2008, when its value was RON 260 M.


74 pc of European
companies, affected by breakdowns of IT systems



An approximate 74 pc of the leaders of top European companies consider their organizations were “very much” or “extremely” affected by breakdowns of their IT systems, while only 18 pc of European managers believe their companies were very efficient, finds a survey conducted by management consulting firm McKinsey & Co., quoted by Agerpres. According to the survey, department chiefs in Europe are not so quick to report to their superiors as their counterparts from elsewhere around the globe. Actually, only 31 pc of department chiefs report to their managers, compared to 56 pc in North America.


Farmers to be paid 30 pc of due subsidies this week


Before the end of the week, the farmers should receive their overdue government subsidies for sheep, goats and pigs stocks, accounting for 30 per cent of the total payment, interim PM Emil Boc said yesterday. According to Mediafax, he admitted to existing delays with the area-based payments, but said he had ordered measures to mend the situation. The premier also said he would receive daily reports on the progress made with the payment of the subsidies from the entire country.

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POLITICS

NEWS IN BRIEF

Iliescu: Abnormal campaign, electoral fraud intention


In an interview for Agerpres, Ion Iliescu, the Honorary President of PSD, stated yesterday that this campaign was abnormal when compared to previous elections, with his criticisms targeting the current Head of State Traian Basescu. ‘What seems abnormal to me in this campaign (…) is the fact that the direct debates on important, fundamental issues that have to do with the President’s prerogatives have disappeared, with everyone taking parallel routes alongside their fans. On the other hand, they resort to all kinds of subterfuges and diversions that draw the attention away and channel the campaign debate away from the main issues. Parasite issues have been forwarded every time and when it comes to doing that Mr. Basescu is a master of ceremonies (…)’ the former President stated. Iliescu underlined the idea that there are data according to which electoral fraud could take place, an idea that PSD has backed lately.

Free masons accuse each other of involvement with the campaign


In an interview published by ‘Cotidianul’ daily yesterday, the Venerable Master of the Lodge of the Sphinx, Florin Ghiulbenghian, is accusing the Grand Master of the Grand National Lodge of Romania, Eugen Ovidiu Chirovici, of putting himself and the Free Masonry in the service of PDL and of the candidate Traian Basescu. That approach and some alleged financial irregularities in the books of the Grand National Lodge determined Ghiulbenghian to take legal action against Chirovici, whom he accuses of forgery and uttering. In support of his allegations, Ghiulbenghian says Chirovici and PDL leaders have lobbied MPs from other parties, trying to convince them to vote for Lucian Croitoru as deputy governor, the Master denying the possibility that such thing might have been generated by BNR Governor Mugur Isarescu.

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