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April 15, 2021


Kayak-canoe: 6 Gold medals for Romanian students in Poznan

Romania has won 6 gold medals, 2 silver medals and 1 bronze medal at the World University Sprint Championships in Poznan, Poland last week end. In the first 1,000-metre finals that took place on Saturday, C2 and C4 teams won Gold, while K4 team won Silver. World and European champions Silviu Dumitrescu and Victor Mihalachi won the C2 race in 3 minutes, 38 seconds and 74 thousands of a second. Florin Simion, Nicolae Bogdan, Florin Comanici and Gabriel Gheoaca won the C4 race in 3 minutes, 19 seconds and 239 thousands of a second.

Tennis: Tecau wins in New Haven

Romanian tennis player Horia Tecau and Sweden’s Robert Lindstedt have won the doubles event at the New Haven tournament in Connecticut, a tournament with total prizes worth USD 663,750, after defeating India’s Rohan Bopanna and Pakistan’s Aisam-Ul-Haq Qureshi in the final, score 6-4, 7-5. Tecau will receive USD 18,250 and 250 ATP points.

Deac signs for Schalke 04

Schalke 04, the team that finished Germany’s championship on second place, has transferred Romania’s Ciprian Deac from Romanian title holder CFR Cluj on Friday. However the details of the agreement were not disclosed. According to the German press, Deac allegedly signed a 4-year contract for EUR 3 M. Deac was on the bench during the game that Schalke played against Hanover.

Motor racing: Hamilton seizes title lead

McLaren’s Lewis Hamilton won a chaotic and thrilling Belgian Grand Prix to seize back the Formula One championship lead from Red Bull’s Mark Webber on Sunday. Hamilton’s victory, despite a near-miss with the barriers in the challenging conditions ranging from dry to wet, lifted him three points clear of second-placed Webber at the top of the standings with six races remaining. Button, running behind Hamilton in a McLaren one-two at the fast and flowing circuit, was shunted out of the race by Webber’s young German team mate and title rival Sebastian Vettel on the 17th of the 44 laps.

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EU foreign policy chief visits Romania’s Expo Shanghai pavilion

High Representative of the European Union for Foreign Affairs and Security Policy Catherine Ashton yesterday visited Romania’s pavilion at Expo 2010 Shanghai, where she was greeted by Bucharest’s Expo 2010 General Commissioner Ferdinand Nagy and consul Florin Tacu, according to a press release from the Foreign Ministry. Ashton visited a photography exhibition and the museum presenting Romanian history and civilisation inside the pavilion. She also attended a chamber music concert by the Romanian Piano Trio. Ashton “Declared herself impressed with the pavilion’s design, the arrangement of exhibition spaces and the cultural and artistic programmes conducted within the pavilion,” the release said.

Interior Minister presents Schengen accession stage at Salzburg Forum

Minister of Internal Affairs Vasile Blaga presented in the Ministerial Conference of the Salzburg Forum, the stage of Romanian preparations to join the Schengen Area in March 2011 and signed the Statement of Intent regarding the adhesion to the International Centre for the Development of Migration Policies, Mediafax reports. At the same time, on Friday, the second day of the conference, the minister referred to the cooperation in the Black Sea region, laying stress on taking action against organised crime and illegal migration. In this context, the minister reiterated the need to intensify cooperation in these fields, so that the states will be able to effectively meet new challenges.

Ex Cluj prefect kills baby in car accident

Former Cluj prefect Calin Platon was involved in a severe car accident, a spokesman for Cluj Traffic Police, the inspector Sorin Precup, stated, quoted by Realitatea.net. The accident occurred on a pedestrians’ crossing in Cluj-Napoca: the former dignitary drove straight into a woman who was crossing in her own right, with a baby in a pram. The infant was interned at the Neurosurgery Clinic with a 6 cm intracranial haematoma, haemorrhage, a double parietal-temporal fracture and a fractured spleen and he died later yesterday after undergoing surgery. The mother, 32, is also in critical condition, having sustained a leg fracture and a pelvis contusion. Platon is under criminal prosecution for causing several injuries.

Truck-driver arrested in Italy for killing tourist

A Romanian truck-driver was arrested in Italy for killing a tourist who lay down on the road to prevent his leaving without paying for a rear-view mirror he had tagged along, Realitatea.net reports. The incident occurred at a gas station near Blozano, in Northern Italy. Moreno Mariani, aged 49, was sleeping in his caravan when Bogdan Benjamin, aged 31, a truck-driver residing in Spain, accidentally caught his rear-view mirror and scratched his vehicle. The Romanian stopped, but refused to pay damages to the Italian. Subsequently, he left, but was followed by the latter. For fear the Romanian may cross the border without paying for his mirror, the Italian lay on the road. The truck drove over Mariani, whose body was hurled a couple of metres away.

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Romania and Hungary, unattractive markets for investors

Romania and Hungary are the only Eastern European real estate markets unattractive to investors given the overpriced assets, with the lack of transactions showing property prices need to keep falling, Mediafax reports, quoting a world survey carried out by the DTZ company. DTZ has classified the markets examined in three categories, namely “hot”, “warm” and “cold”, with Romania being included in the last. “This situation is the result of a significant difference remaining between the expectations of the sellers and buyers respectively,” said Bogdan Sergentu, Head of Valuations and Consulting, DTZ Echinox.

Budget deficit hits 3.9 pc GDP

The consolidated general budget has reached a deficit of RON 20 bln in the first seven months of the year, or 3.9 per cent GDP, according to data released by the Ministry of Public Finance (MFP). The budget deficit was the outcome of overall revenues of RON 93.3 bln, up 1.2 per cent compared to the year-earlier period, and of spending matching 113.3 bln, up 3.2 per cent against the year on year figure in 2009. As regards revenues, those from Value Added Tax (VAT) rose mainly in June and July, with the influence by VAT rising from 19 to 24 per cent going to be reflected starting with the month of August.

CFR SA general director resigns

Emil Sabo, the general director of the Romanian national railway operator CFR SA, tendered his resignation Friday from the post he had been holding since February, as he, along with other people, was indicted for committing a EUR 700,000 fraud in 2005. The resignation follows Thursday’s release by the National Anti-corruption Directorate which brought Sabo to trial for deeds allegedly committed while an employer with private company Activ Invest. The company’s assistant general director, Viorel Scurtu, was appointed as his interim successor, CFR SA announced.

New director at BVB

Anca Dumitru has stepped down as general director of the Bucharest Stock Exchange (BVB), with Valentin Ionescu, one of the brokers involved in the launch of warrant Proprietatea Fund (FP) stocks at the Vienna bourse, to take over the job starting September 27, Mediafax reports. Dumitru will occupy the position of BVB assistant general director. Ionescu, 38, has experience on both the capital market in Romania, and stock exchanges in Prague and Vienna.

Tax incentives for Petromidia

Under the privatisation contract between the State Ownership Fund (FPS) and Rompetrol, the latter pledged to pay in full the debts Petromidia owed to the state budget and the former Bancorex bank, this is why it purchased the petrol refinery at a price lower than it should, Radu Sarbu, the then-president of FPS, said, who would not say what is the debt-paying deadline stipulated in the privatization contract, yet he added they usually run for five years. In 2003, under a document signed by then-finance minister Mihai Tanasescu, all the debts and penalties were converted into 7 year maturity interest bearing bonds. When it went private, the company was given a string of incentives under Ordinance 248/2000, signed, among others, by then-PM Mugur Isarescu and the chairman of the FPS Board of Administrators, Radu Sarbu.

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