Tag: Eximbank

  • April 12, 2019

    April 12, 2019

    TALKS There is a need for a referendum on justice and this is
    going to happen on May 26th, concurrently with the elections for the
    European Parliament, Romanian president Klaus Iohannis said today at the end of
    his talks on this issue with Parliament parties. In his opinion, the Romanians are
    afraid that ruling Social Democratic Party is going to dominate the country’s
    judicial system. The Alliance of Liberals and Democrats had already made public
    their decision to boycott the referendum talks. On Thursday, upon talks with
    opposition parties, PNL, USR PMP, with UDMR as well as the group of national
    minorities, other than the Hungarian one, president Iohannis said the
    participants endorsed the idea of a referendum. According to Iohannis, the
    Romanians want a justice system outside the political sphere of influence. The aforementioned
    talks have been staged against the background of frequent legislative
    amendments initiated by the ruling PSD-ALDE coalition, which attracted a lot of
    heat from Romania’s European partners. During the referendum people will have
    to express their will on several issues, such as banning amnesty and pardon for
    corruption crimes as well as emergency ordinances for offenses, penalties and
    judicial organization.














    MEETING The European Commission has approved all the projects the
    Romanian government submitted, but I believe more could have been done as there
    is more money to access, the European Commissioner for Regional Policy Corina
    Cretu said in Bucharest on Friday. The EU official attended the informal
    meeting of the ministers in charge of European funds against the background of Romania’s
    holding the EU rotating presidency. In another development Rovana Plumb,
    Minister for the European Funds, said the relation the authorities in Bucharest is having with the
    European Commission is a normal one based on dialogue so that the European
    money Romania deserves may reach this country. Among other things, the meeting
    agenda also includes investment priorities envisaged by the Cohesion Policy for
    the period between 2021 and 2027. Romania’s presidency of the EU Council is
    unfolding under the motto, ‘Cohesion, a common European Value’ laying emphasis
    on the unity between the EU members and the importance of reducing economic,
    social and territorial differences at the EU level.








    SUMMIT The city of Dubrovnik in Croatia is playing venue for the 16+1
    Summit bringing together leaders from countries in Central, Eastern Europe and from
    China. Romania is being represented by Prime Minister Viorica Dancila who is
    expected to deliver a speech and participate in a ceremony occasioned by the
    signing of a memorandum of understanding over the setting up of a group of
    experts for promoting unrestricted trade between Romania and China, the signing
    of an accord over the export of bees as well a cooperation agreement between
    the Chinese Bank of Development and Eximbank. On Thursday, the Romanian Prime
    Minister met her counterparts from Slovenia and Croatia.










    INVESTMENT According to Romania’s Central Bank, direct foreign
    investment in Romania rose by 47% in the first two months of this year up to
    one billion Euros as compared to the 704 million Euros in the similar period of
    2018. 935 new enterprises with foreign capital were registered in the first two
    months of the year, their number being on the rise against the same period last
    year. The Netherlands, Austria and Germany are the main providers of foreign
    capital.












    EXERCISE On Thursday night Bucharest played venue for an exercise involving
    the intervention of rescue teams to remove the effects of several explosions
    allegedly taking place in the city’s underground railway. The exercise in
    Bucharest was part of an ampler multinational military-medical drill, the
    biggest in the history of the North-Atlantic Alliance. The drill has been
    staged by the NATO Center of Excellence for Military Medicine, Romanian Chief
    of Staff and the Medical Department of the Romanian Defence Ministry.











    (translated by bill)