Tag: 2017 draft budget

  • February 4, 2017 UPDATE

    February 4, 2017 UPDATE


    ANTI-GOVERNMENT PROTEST Protests continued in Bucharest on
    Saturday, for the fifth day in a row,
    against the decree issued by the Romanian Government to amend the
    criminal codes. The night before, hundreds
    of thousands of people took to the streets, in Bucharest as well as in
    many other towns and cities across the country and abroad, to demonstrate
    against the provisions of the emergency ordinance which, they say, helps
    high-ranking politicians and local and central government figures to no longer be
    held accountable for corruption. The
    leader of the Social Democratic Party Liviu Dragnea has spoken about the possibility
    of abrogating the controversial decree, as a means to ease the tension in
    Romania, also given that supporters of the party have announced their intention
    to take to the streets themselves, unhappy with the fact that the Executive is
    not allowed to implement its governing program. In turn, the co-president of
    the Alliance of Liberals and Democrats Calin Popescu Tariceanu has stated that abrogating
    the decree would allow the start of serious talks with large segments of
    society. He has proposed to all stakeholders, parties, civil society and the
    business environment, to sit at the negotiation table. The Romanian Foreign
    Minister Teodor Melescanu has announced he will travel to Brussels early next
    week to talk with EC representatives about the situation in Romania. In
    Bucharest, President Klaus Iohannis has notified the Constitutional Court,
    signaling the conflict between the Government on the one hand, and the
    Judiciary and Parliament on the other. The Supreme Council of Magistracy, the
    Ombudsman and the General Prosecutor are also against the provisions of the
    ordinance. The embassies in Romania of the US, Belgium, Canada, France, Germany, the
    Netherlands, Great Britain and Sweden have voiced their concern over the
    situation in Romania. They have warned that Government’s actions might affect
    these countries’ partnerships with Romania, which are based on common values,
    shared by the EU and NATO. In a statement on Radio Romania, the spokesman for
    the US Department of State Mark Toner has said that the US calls on the
    Romanian Government to give up the recent measures that undermine the rule of
    law.






    2017 DRAFT BUDGET The joint budget-finances committees of the
    Romanian Parliament are discussing the 2017 draft state budget. A report must
    be concluded by Sunday evening, for the document to be debated in plenary
    parliament session on Monday. Speaking on behalf of the Government made up of
    representatives of the Social Democratic Party and the Alliance of Liberals and
    Democrats in Romania, the Finance Minister Viorel Stefan gave assurances that
    the draft observes the main directions established under the governing program,
    among which slashing the VAT from 20 to 19% and eliminating the income tax on
    pensions of up to 2000 lei, the equivalent of some 400 Euros. The budget was
    built taking into account a growth rate of 5.2% and a deficit of maximum 3%.
    Also, Romania will stay committed to allocating 2% of the GDP to defense. The
    right wing opposition, however, believes that the revenues on the basis of
    which the budget was built are overestimated.






    COMMEMORATION Commemorative events were held on Saturday at the Memorial of the Victims of Communism and of the Resistance in Sighet,
    north-western Romania, to mark 64 years since the death of the great politician
    Iuliu Maniu. The political personality of the leader of the National Peasant
    Party, who was a Prime Minister between the wars and a member of the Romanian Academy,
    was evoked through various presentations and speeches. A militant for national
    union, a promoter of the democratic values, an opponent of Nazism and
    Communism, Maniu was arrested in 1947 by the dummy Government imposed by the
    Soviets and died in 1953 at the age of 80 in the Sighet prison, where most of
    the former Democratic dignitaries had been imprisoned.






    AWARD Romania’s President Klaus Iohannis has been
    awarded the Saint George Medal at an event organized by the Semper Opera House
    in Dresden, eastern Germany, for his political commitment to promoting the
    European project and its values. According to a communiqué issued on Saturday
    by the Presidential Administration in Bucharest, the president has stated he
    received the medal in the name of all Romanian and devoted it to the Romanian -
    German friendship. Other personalities who have received the medal are the former
    German President Christian Wulff, the former European Commissioner Gunther
    Oettinger, the former president of the European Commission Jose Manuel Barroso
    and the current European Commission President Jean-Claude Juncker.






    TENNIS Romanian tennis players Horia Tecau and
    Marius Copil were defeated in Minsk on
    Saturday by the pair Max Mirnyi – Yaraslav Shyla of Belarus, in the doubles of the first round of Davis Cup’s
    Europe/Africa Zone Group I. Leading the competition is now Belarus 2-1. On
    Friday, the Romanian Adrian Ungur defeated Ilya Ivashka, and Marius Copil lost
    to Egor Gherasimov. The last two singles are scheduled for Sunday: Marius Copil -
    Ilya Ivashka and then Adrian Ungur – Egor
    Gherasimov.





  • January 20, 2017 UPDATE

    January 20, 2017 UPDATE

    ANTI-GOVERNMENT
    PROTESTS
    Romania’s President Klaus
    Iohannis has stated that there are sufficient arguments for the Government to
    withdraw its ordinances amending the blanket pardon legislation and the
    Criminal Code. In a message posted on a social networking site, the President
    says the measures are ‘ineffective’ and ‘targeted’. On Thursday, protests
    continued in Bucharest and other large cities against the Government’s plans.
    Thousands of protesters fear these changes are only meant to benefit some big
    influential politicians and lawmakers, whose sentences will be thus written
    off. Opposition parties, civil society and magistrates’ associations have
    voiced the same concerns. However, the Government claims these amendments are
    necessary to solve the issue of prison
    overcrowding as well as to harmonize the existing legislation with
    Constitutional Court rulings.








    2017 BUDGET
    The Romanian Government discussed on Friday the draft budget for 2017. The session was chaired by the Deputy
    Prime Minister and Minister for Regional Development Sevil Shhaideh, who serves
    as interim Prime Minister until Monday, pending Prime Minister Sorin
    Grindeanu’s return from Washington, where he attended the official swearing-in
    of Donald Trump as President of the United States. According to a communiqué
    issued by the Government, the draft budget was built by taking into account the
    measures adopted by Government in keeping with the governing program, among
    which maintaining the budget deficit below 3% and earmarking 2% of the GDP to
    the army. The Government will convene again on January 25th to
    debate and adopt the 2017 budget. A delegation of the International Monetary
    Fund, led by the mission chief for Romania Reza Baqir, on Thursday held a first
    meeting with the Finance Minister Viorel Stefan on the 2017 state budget. At
    present Romania has no ongoing agreement with the IMF.












    RESCUE OPERATIONS Rescue
    teams in Italy have found another ten survivors among the debris of a hotel in
    Pescara province, which was destroyed by an avalanche on Wednesday. Four people
    have been reported dead so far. The Romanian Foreign Ministry announced on
    Friday that, according to official information, two Romanian citizens, one
    adult and one child, reported missing after the avalanche, had been found
    alive. They are now in a hospital in Pescara and are no longer in danger. The
    Ministry has stated that representatives of the Romanian Embassy in Rome stay
    in touch with both the family of the Romanian citizens and the Italian
    authorities, who are managing the rescue operations, in order to get more and
    accurate information about other Romanians who might have been affected.


















    PARTNERSHIP To Germany, Romania is a strategic economic
    partner, and trade exchanges between the two countries exceeded 24 billion
    Euros in the first 11 months of 2016, up by 13%, reads a communiqué issued by
    the Romanian – German Chamber of Commerce and Industry (AHK Romania). Some
    8,000 German companies are active in Romania. According to AHK estimates,
    German companies have more than 250,000 employees in Romania and German direct
    investments stand at 8 billion Euros.






    WASHINGTON On Friday, the Republican billionaire Donald
    Trump became the 45th President of the United States, taking the
    oath of office in Washington, during a ceremony attended by several hundreds of
    people. In his speech, the new White House leader said that January 20th
    would remain in the memory of the US citizens as the day when power was
    transferred not from one administration to another, but from Washington to the
    people. Trump also promised America would always come first and all decisions
    would be made for the US citizens. We will eradicate radical, Islamic
    terrorism completely from the earth, the President also said. The ceremony was
    held against the background of protests in Washington and other US cities, but
    also outside the US, in London, Paris, Berlin and Sydney.






    EXHIBITION Romania will participate in the
    international exhibition titled ‘Future Energy’ hosted by Astana, Kazakhstan,
    between the 10th of June and the 10th of September 2017.
    The participation contract was signed in Bucharest on Friday, by
    representatives of the two countries. According to the Romanian Foreign
    Ministry, the Romanian pavilion will promote Romanian traditions, services,
    tourist offers, as well as the prospects of Romania’s energy industry. 100
    countries will be represented at the fair this year, and organisers expect some
    5 million visitors.








    AUSTRALIAN OPEN Romanian tennis player Sorana Cirstea, Romania’s last
    representative in the women’s singles at the Australian Open, will play against
    the Spanish Garbine Muguruza Blanco in the fourth round of this year’s first
    Grand Slam. On Friday, for the first time in her career, Cirstea qualified for
    this round by defeating the American Alison Riske. In the men’s doubles, the
    Romanian Horia Tecau and the Dutch Jean Julien Rojer beat the pair made up of
    the Australian Matt Reid and Jordan Thompson going straight into the quarter
    finals, where they will take on the Dutch pair Wesley Koolhof – Matwe
    Middlekoop. The pair made up of the Romanian Florin Mergea and the British
    Dominic Inglot has too qualified for the quarter finals, where they will play
    against Julien Benneteau and Jeremy
    Chardy of France.