Tag: organized

  • THE WEEK IN REVIEW – OCTOBER 2-8

    THE WEEK IN REVIEW – OCTOBER 2-8

    Romania’s president Klaus Iohannis in Prague


    Romania’s
    president Klaus Iohannis this week attended the informal meeting of the
    European Council in Prague, which had high on its agenda, the war in Ukraine,
    the energy crisis and other economy issues. A day before, Iohannis had attended
    the first meeting of the European Political Community also in Prague. Held at a key moment for the European continent, in
    the context of the illegal and unjustified war the Russian Federation is waging
    on Ukraine, the European Political Community’s summit has offered the
    opportunity of a political dialogue on several issues such as support for
    Ukraine, a reaction to the latest Russian escalation in this war, energy security,
    the situation in the field of energy, climate change and the latest economic
    developments. This new dialogue platform has been intended to facilitate views exchanges
    on issues of maximum concern against the latest geopolitical background so that
    joint action ways can be defined, a communiqué of the presidential
    administration in Bucharest says. With an overwhelming majority, leaders of the
    44 attending countries have condemned the Russian invasion of Ukraine and have
    reiterated their unity and solidarity against Moscow’s aggression.




    The European Parliament debated upon Romania’s
    accession to Schengen


    During a plenary session of the European Parliament in
    Strasbourg on Wednesday, MEPs discussed Romania and Bulgaria’s accession to the
    Schengen passport-free travel area. The Romanian MEPs pleaded for the 2
    countries’ inclusion as soon as possible, given that they have met all
    technical requirements since as far back as 2011. Only a few other MEPs, from
    Italian far-right parties, opposed the Schengen area enlargement, for fear of
    massive migration. Most of the speakers in the European Parliament agreed
    however that Romania and Bulgaria must joint Schengen.




    Justice laws
    debated by senators


    Justice laws have been debated upon by senators and a
    final voting in the decision-making chamber is expected next week. The three
    laws, on the functioning of the country’s Higher Council of Magistrates, on
    legal organization and the statute of the magistrates must be quickly endorsed this
    autumn, the country’s Justice Minister, Catalian Predoiu says. He explains that
    Romania’s compliance with the provisions of the Mechanism of Cooperation and
    Verification and implicitly Romania’s Schengen accession are hinging on the aforementioned
    laws. The country’s former Justice Minister from the opposition USR Stelian Ion
    has called on senators to postpone voting until the Venice Commission has made
    its point. According to Senate president Alina Gorghiu, Romania needs to
    endorse the aforementioned laws to score a good result in the Justice report
    and if there are recommendations from the Venice Commission in December amendments
    will be made without any hesitation.






    A
    new education minister




    Romania’s Prime Minister, Nicolae Ciucă, says he will back Ligia
    Deca, the country’s new Education Minister to implement a presidential project
    entitled Educated Romania, so that the new education laws may be submitted to
    Parliament approval by the end of the month. A former presidential adviser,
    Ligia Deca was sworn in as the country’s new Education Minister on Monday. She was
    proposed by the National Liberal Party and has replaced Sorin Cimpeanu, who
    stepped down last week amid accusations of plagiarism.






    BNR
    has again raised the key interest rate




    Romania’s
    Central Bank (BNR) has again raised the key interest rate in an attempt to keep
    prices at bay. This has been the seventh rise this year and the interest rate
    is now around 6.25% being the highest in the past 12 years. According to the vice-president of the Association of Investment
    Professionals in Romania, financial analyst Adrian Codirlaşu, in making this
    move the BNR is actually anticipating the rising inflation rate. Pundits expect
    the annual inflation rate to continue its upward trend towards the end of the
    year but at a visibly lower pace, due to anticipated price hikes in natural gas,
    electricity and food products against the background of the war in Ukraine and
    the prolonged drought in Europe this summer. According to BNR the annual
    inflation rate stood at 15.32% in August.




    A case of espionage concerning Romania’s mineral
    reserves


    Prosecutors with the Direction of Investigating
    Organised Crime and Terrorism, also known as DIICOT, have indicted four people,
    Romanian and foreign nationals, in an espionage file against the Serbian company
    NIS Petrol controlled by the Russian giant Gazprom. The investigators have
    carried out searches in Bucharest and Timisoara, western Romania, as well as at
    the houses of several employees, seizing documents and data storage devices.
    The four have been charged with divulging secret and classified information and
    with illegal information transfer concerning Romania’s mineral reserves, sources
    with the DIICOT have announced. In 2009, Gazprom became the main shareholder of
    the Serbian company NIS under an agreement signed by the governments of
    Belgrade and Moscow.


    (bill)