BUSINESS

NEWS IN BRIEF

Basescu enacted the law which
empowers the dismissed Government
to send budget to Parliament



The President Traian Basescu promulgated yesterday the law through which the dismissed Government is empowered to forward the state budget, the social insurance budget and the fiscal responsibility law to Parliament, Mediafax informs. According to a press release of the Presidential Administration, President Traian Basescu signed on Wednesday the Decree regarding the enactment of the Law for completion of art. 26 of Law 90/2001 regarding the organization and functioning of the Government of Romania and of the ministries.


Aurelian Oil sees resource upgrades across portfolio


Britain’s Aurelian Oil & Gas Plc said on Tuesday it expected resource upgrades across its wider portfolio in the near future. Aurelian, which has a portfolio of concessions in Poland, Slovakia, Romania and Bulgaria, said the new findings would also include an upgrade in estimates of contingent resources at its flagship Siekierki project in Poland. The company was responding to a report by the Financial Times on Tuesday that Aurelian could soon announce “a large gas find”. Aurelian confirmed that a new competent persons report prepared by Gaffney Cline & Associates was nearing completion. Aurelian shares were flat at 22.5 pence at 1325 GMT on the London Stock Exchange.


Eurostat: Industrial production prices up by 0.2 pc in EU this October


Compared to the month before the industrial production prices in the EU grew by 0.2 percent in October, with the Euro Area registering a growth of 0.2 percent too, Eurostat informs, being quoted by Agerpres. Among the EU member states the highest industrial production price hikes were registered in Great Britain (+1.7 percent), Greece, France and Netherlands (+0.9 percent). The steepest drops registered by the industrial production prices were registered in Lithuania (-1.2 percent), Latvia (-0.7 percent), Denmark, Hungary and Portugal (-0.5 percent). Eurostat did not publicize its data on the evolution of the industrial production prices in Romania in October.

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EPP supports Basescu…


‘President Traian Basescu has proven that he has the desire to change Romania and that he knows how to fight for European ideas, with the result of the recent referendum being proof in that direction,’ the leaders of the European People’s Party and of the EPP group within the European Parliament, stated yesterday in a communiqué. Wilfried Martens, the president of the EPP, and Joseph Daul, the head of the EPP group within the EP, expressed their confidence in President Basescu’s victory in the Presidential run-off, stating that this ‘is the responsible solution during the period of economic-financial crisis that Romania goes through.’


…PES backs
Mircea Geoana



The president of the party of the European Socialists (PES), Poul Nyrup Rasmussen, declared on Wednesday, at Iasi, in an electoral meeting of the PSD candidate to Presidency, that it is time for change and that “Romania will not have a good fate” if Traian Basescu is reelected. PES president declared at the electoral meeting held in the Sports Hall from Iasi that stability and a new government are needed in Bucharest. “Both Romania and the whole Europe are confronted with a crisis, and Traian Basescu proposes to cut by 20 per cent the number of the civil servants. It is a wrong method. We need stability and a new government in Bucharest,” Rasmussen declared.

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Social

NEWS IN BRIEF

Raid within Europa Center,
traders attack police forces



A raid conducted by the fiscal authorities yesterday within Bucharest’s ‘Europa’ Center sparked the fury of more than 300 traders that attacked the police forces with chairs, pieces of wood and other blunt objects. One firefighter was injured and four persons were arrested. Christian Ciocan, the spokesperson of the Bucharest Police, stated for Mediafax that the incidents started after several Chinese citizens that own booths within the center showed up on Wednesday morning in order to talk with the center’s administrators about certain taxes. The talks failed and the traders started to protest noisily so that the police tried to calm the situation in the area. A small fire started during the incidents, with the firefighters called at the scene coming under attack too. Ciocan stated that one firefighter was beaten by the protesters after he tried to put out several items that caught fire in the center. The firefighter did not need hospitalization, being treated on the spot. A group of four persons were taken to Precinct 7 for hearings. Representatives of the National Authority for Fiscal Administration (ANAF), the Financial Guard and customs officers showed up on Wednesday within the ‘Europa’ center in order to check and make an inventory of the booths that had been closed down after last week’s raids. Florin Hulea, the spokesperson of the Special Intervention Brigade from within the Gendarmerie, stated that approximately 70-80 persons immediately showed up on the scene, with their number gradually climbing to 300. The persons started to throw chairs, pieces of wood and other blunt objects at the gendarmes that were accompanying the representatives of the fiscal control institutions.


Authors of Resita game shop
robbery- caught



Tuesday night in Resita, two masked men entered a game shop in Resita and, after pointing a knife at the shop employees fled with 8,000 RON. After a search was put together by local police forces, the two men allegedly involved and an accomplice were caught. The stolen cell-phones and the masks used during the robbery were found on them, as well as a part of the stolen sum, around 6,000 RON. The two men, of 27 and 24 years respectively, were caught after approximately 4 hours; they were stopped in traffic while in a cab. The two robbers were allegedly helped by another man, 23 years old, from Resita, in whose house the masks and the rest of 1,000 RON were found.

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Romania in second seed bowl for Euro 2012 Qualifiers


UEFA publicized on Wednesday the seeds of the Euro 2012 Qualifiers. Taking into account the results it registered in the period lasting from the World Cup 2006 Qualifiers to the World Cup 2010 Qualifiers, the Romanian national football team is part of the second seed bowl.


Here are the six seed bowls:


Pot 1: Spain, Germany, Netherlands, Italy, England, Croatia, Portugal, France, Russia


Pot 2: Greece, Czech Republic, Sweden, Switzerland, Serbia, Turkey, Denmark, Slovakia, Romania


Pot 3: Israel, Bulgaria, Finland, Norway, Republic of Ireland, Scotland, Northern Ireland, Austria, Bosnia


Pot 4: Slovenia, Latvia, Hungary, Lithuania, Belarus, Belgium, Wales, Macedonia, Cyprus


Pot 5: Montenegro, Albania, Estonia, Georgia, Republic of Moldova, Iceland, Armenia, Kazakhstan, Liechtenstein


Pot 6: Azerbaijan, Luxembourg, Malta, Faeroe Islands, Andorra, San Marino.


The draws for the EC 2012 Qualifiers groups will take place on February 7 in Warsaw, Poland. The top teams and the best second-place teams in the groups’ stage will qualify for the final tournament. The other eight second-place teams will face each other in the play-offs.


Tennis: European Champion in the U-16 category


Romania’s Elena Cadar has topped the 2009 standings of the Tennis Europe Junior U-16 category after playing three important finals this year and winning two of them, namely a category 1 final in Ulm (Germany) and a category 2 final in Brno (Czech Republic), Agerpres informs. Simona Ionescu was second in the standings. This is the second consecutive year when two Romanian players top the U-16 standings after Cristina Dinu and Ingrid Radu achieved the same in 2008. The player of the year award goes to the top three performances registered by European players, based on categories of age. The prizes for each of the winners are given by the Polar Company and consist of EUR 400 each, the Romanian Tennis Federation informs. The top tennis players that received such an award during their junior days include Andy Murray, Novak Djokovic, Mario Ancic, Kim Clijsters, Justine Henin and Alexandra Dulgheru.

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