Tag: power plant

  • December 28, 2022 UPDATE

    December 28, 2022 UPDATE

    PENSIONS – The Government of Romania on Wednesday passed a decree
    on reforming the special pensions awarded to certain categories of
    professionals such as magistrates, military, diplomats or employees of the
    Court of Accounts. Labor Minister Marius Budăi explained that the main
    provisions include adjusting the base calculation percentage used for
    calculating pensions from 80% to 65% of income, taking into account only
    permanent sources of income and making sure no pension exceeds the total
    income. Depending on each category of professionals, the minimum seniority
    period required in the field of activity will go up or the minimum subscription
    level will match that in the public system. The Labor Minister gave assurances
    that talks with the World Bank and European partners will continue. When the
    document is submitted for debate in early February, all provisions will be
    clear, the Romanian official said. Reforming the special pension system is one
    of the objectives the government committed to achieve under the National
    Recovery and Resilience Plan by the end of this year. Also on Wednesday, the
    government announced it would introduce additional taxes for energy companies
    that reported high profits in the recent period marked by the crisis. The draft
    law stipulates a 60% additional tax on large profits reported this year by
    companies and refineries in the oil, natural gas and coal sectors. State
    Secretary with the Finance Ministry, Mihai Diaconu, explained that the tax will
    apply to any source of income that exceeds the average of profits in the last
    four years by over 20%.




    POLL – The latest poll conducted by INSCOP on the performance
    of Romanian political parties indicates that two of the three parties in the
    ruling coalition, namely the Social Democratic Party and the National Liberal
    Party, lost percentages in December, while the nationalist Alliance for the
    Union of Romanians, in opposition, grew by 2%. The poll conducted in December
    indicates that the Social Democrats lost almost 5%, but is still ahead in
    voting intentions, with 31.5%. The Liberals are in second place with 20.2%,
    followed by the Alliance for the Union of Romanians, with 18.1%, and the Save
    Romania Union, also in opposition, with 10.9%. The junior partner in the ruling
    coalition, the Democratic Union of Ethnic Hungarians in Romania, maintains its
    usual percentage of 5% which would allow it to enter Parliament. The INSCOP
    experts say the data were collected both before and after Romania’s bid to join
    the Schengen free-movement area was rejected, on 8th December. The
    INSCOP director Remus Ştefureac said the data showed a zigzag performance by
    the parties, with no clear, predictable trends yet for 2024, when presidential,
    parliamentary, local and European elections will take place in Romania.




    DEFICIT -
    Romania’s budget deficit reached 4.2% of the GDP in the first 11 months of the year,
    according to the Finance Ministry, a 0.5% drop compared to the same period of
    2021. The deficit target for 2022 is 5.8% of the GDP.




    POWER PLANT – Mass Global Energy Rom, a company based
    in Jordan, has become the owner of the Mintia thermal power plant in Hunedoara County,
    in central Romania, after making the final payment of over 80 million euros as
    established after it won a tender held in August. The new owner promised that
    in the next three years, the plant would see an extensive development process,
    with investments of over 1 billion euros and the creation of new jobs.




    ACCIDENT – One of the two Ukrainians who went missing in the
    Maramureş Mountains, in north-western Romania, was found dead by a local
    resident. The border police and mountain rescue services had resumed searches
    on Tuesday only to abandon them again owing to difficult weather conditions. On
    Saturday, a group of six Ukrainians called the emergency number saying they
    were stranded at an altitude of 1,800 meters. They had been trying to cross the
    mountains from Ukraine into Romania. Four were rescued by the Romanian rescue
    services. Another is still missing. After Ukraine was invaded by Russia on 24th
    February, Kyiv declared a general mobilization and ordered the martial law,
    which bans men aged between 18 and 60 from leaving the country, with many
    trying to do so illegally. (VP)

  • March 4, 2022

    March 4, 2022

    Ukraine – The second week of Russias invasion of Ukraine began with an alert at Ukraines largest nuclear power plant in the southeast. A fire broke out following Russian bombings, and fighting around the Zaporozhye plant delayed firefighters. Ukrainian officials said that safety at the power plant, which was later occupied by Russian military forces, was guaranteed and that radiation levels had not risen in the area. Also in Bucharest, the authorities announced that they do not detect increased radioactivity. The Ukrainian President Volodymyr Zelensky has accused Russia of resorting to nuclear terror with the intention of repeating the Chernobyl catastrophe of 1986. The Kyiv leader spoke on the phone with the US President Joe Biden and the British Prime Minister Boris Johnson, who urgently asked for summoning the UN Security Council. Also today, the General Staff of the Ukrainian Armed Forces has warned that the Russian army continues preparations for the landing of airborne troops in the Odessa region, and Radio Romania’s envoy to the region reports that a ground and sea offensive is imminent. On the other hand, the second round of Russian-Ukrainian negotiations ended with an agreement on the establishment of humanitarian corridors for the evacuation of civilians from the besieged areas, with the parties agreeing to meet next week as well. At least 1 million people have left Ukraine since the beginning of the Russian invasion. In Washington, President Biden has announced additional sanctions against Russian billionaires accused of supporting Vladimir Putins regime. At the same time, the US Secretary of State Antony Blinken is meeting today in Brussels with the NATO foreign ministers, and he will later travel to Eastern Europe.



    Meeting – The Romanian FM, Bogdan Aurescu, is participating today in Brussels in the extraordinary meeting of the foreign ministers of the NATO member states, convened to analyze the latest security developments, in the context of Russias military aggression against Ukraine and to further discuss the Alliances response. According to the Romanian Foreign Ministry, Bogdan Aurescu will emphasize the need to strengthen the deterrence and defense posture on the Eastern Flank, especially on the Black Sea, by deploying allied forces and by accelerating the establishment of a Fighting Group in Romania. Bogdan Aurescu will also present the measures adopted by Romania in support of Ukraine, including the creation of a logistical facility to coordinate humanitarian aid for this country. On the sidelines of todays meeting, the Romanian FM, Bogdan Aurescu, met with his Turkish counterpart, Mevlut Cavuşoglu. Bogdan Aurescu welcomed Turkeys implementation of its war responsibilities under the Montreux Convention (which came into force on November 9, 1936), which regulates the regime of civil and military naval traffic through the Black Sea straits of Bosphorus and Dardanelles. The Turkish Foreign Minister thanked Romania in particular for its support for the evacuation of Turkish citizens from Ukraine, but also for Romanias efforts to evacuate Ukrainian and other citizens. Refugees from Ukraine continue arriving in Romania, as they flee the war. So far, more than 160,000 refugees have come from Ukraine.



    OSCE — Romania has joined a group of 44 states within the Organization for Security and Cooperation in Europe (OSCE) in activating the so-called Moscow Mechanism for assessing the impact on human rights and the humanitarian situation of Russias assault on Ukraine. According to the Romanian Foreign Ministry, the mechanism facilitates sending experts on the field to collect data to document possible war crimes, crimes against humanity and violations of international law, international humanitarian law and OSCE commitments in Ukraine. Romanias decision to support this move comes in the wake of its efforts to firmly condemn Russias military aggression against Ukraine, as well as to support Ukraines sovereignty and territorial integrity within internationally recognized borders, the Romanian Foreign Ministry added.



    Covid — President Klaus Iohannis is today hosting a meeting on the management of the COVID-19 pandemic, which is attended by the Prime Minister Nicolae Ciuca and members of the government. This week, the health ministry proposed relaxation measures in the next period, after a constant decrease of all indicators. The latest report from the Strategic Communication Group shows 5,602 new cases of infection in 24 hours and 67 associated deaths, 2 of which are previous to the reference period.



    Peace — Today, 150 European public radio stations, including Radio Romania, simultaneously broadcast the song “Give Peace a Chance” written by former Beatles member John Lennon, to ask for an end to the war in Ukraine. The well-known song could be heard in 25 countries, including Ukraine, and also on private radio stations that joined the German public radio’s initiative. (LS)

  • Day 9 of Russian invasion

    Day 9 of Russian invasion

    The second week of Russias invasion of Ukraine began with an alert at Ukraines largest nuclear power plant in the southeast. A fire broke out following Russian bombings, and fighting around the Zaporozhye plant delayed firefighters. Ukrainian officials said that safety at the power plant, which was later occupied by Russian military forces, was guaranteed and that radiation levels had not risen in the area. Also in Bucharest, the authorities announced that they do not detect increased radioactivity. The Ukrainian President Volodymyr Zelensky has accused Russia of resorting to nuclear terror with the intention of repeating the Chernobyl catastrophe of 1986. The Kyiv leader spoke on the phone with the US President Joe Biden and the British Prime Minister Boris Johnson, who called urgently summoning the UN Security Council.



    Also today, the General Staff of the Ukrainian Armed Forces has warned that the Russian army continues preparations for the landing of airborne troops in the Odessa region, and Radio Romania’s envoy to the region reports that a ground and sea offensive is imminent. On the other hand, the second round of Russian-Ukrainian negotiations ended with an agreement on the establishment of humanitarian corridors for the evacuation of civilians from the besieged areas, with the parties agreeing to meet next week as well. At least 1 million people have left Ukraine since the beginning of the Russian invasion. In Washington, President Biden has announced additional sanctions against Russian billionaires accused of supporting Vladimir Putins regime. At the same time, the US Secretary of State Antony Blinken is meeting today in Brussels with the NATO foreign ministers, and he will later travel to Eastern Europe. (LS)