RMGC Loses Two Environmental Permits In Court
Rosia Montana Gold Corporation (RMGC), which plans to develop the mining project in Rosia Montana, lost two more environment permits in court.
According to non-governmental organization Alburnus Maior, the two sentences represent a significant obstacle for RMGC plans to exploit gold reserves using cyanide in Rosia Montana, both verdicts impacting the validity of administrative documents necessary for RMGC to get the environmental authorization. (Curierul National)
Receipts From Royalties At 1-2% Of GDP In Romania, At 6% In Bulgaria
Receipts from royalties reach 6% of the GDP in Bulgaria, while in Romania, they only reach 1-2% of the GDP, showing that their level should definitely be increased, avoiding to impact investments, at the same time, Cristian Socol, counselor of PM Victor Ponta, stated.
According to Petrom’s privatization contract, the level of oil and gas royalties could not be changed between 2004 and 2014. The oil and gas royalties level currently stands between 3.5% and 13.5% of the production value, based on the size of the deposit. (Adevarul)
Bread Price Up Again On Fuel Excise Duty Hike
The bread price rose again due to the introduction of the supplementary fuel excise duty of 7 eurocents per liter, after it had previously decreased following the VAT cut from 24% to 9%.
According to digi24.ro, the natural gas price hike as well as the increase of fuel price triggered a higher price for bread, which the most popular food product in Romania.
In Bucharest, the price of bread rose from RON0.79 to RON0.87. (Evenimentul Zilei)
Former PM Emil Boc, Presented As Experienced Candidate For President
Emil Boc, Mayor of Cluj city and former PM, was presented by President Traian Basescu as an experienced candidate for presidential elections, adding that Boc managed to lead Romania’s way through the financial crisis.
Basescu stated that Crin Antonescu might also have certain chances to become President, as a right-wing candidate.
The President emphasized that the unification of the right-wing parties and the support of a single candidate for President would be the only solution to avoid a left-wing future President. (Gandul)
Spoiled Meat Withdrawn From Bucharest Hypermarket
Approximately 400 kilograms of spoiled meat were withdrawn from a Bucharest-based hypermarket following investigations related to the lamb meat which is sold before Easter.
Part of the meat was already exhibited for sale, jeopardizing the health of people who already bought it. Authorities are currently checking the papers and documents and will establish the risk degree for population. (Curentul)