Twenty-Eight Thousand Romanians Die Every Year From Causes Related To Air Pollution, Says EEA
The European Environment Agency (EEA) said that approximately 28,000 Romanians die every year from causes related to polluted air and one million Romanians suffer from respiratory issues.The latest studies showed that Bucharest is one of the most polluted European capitals and that the cities of Iasi and Brasov see daily exceeded limits of particles from industry and traffic generated pollutants.
The Romanian Pneumology Society estimates the number of people suffering from asthma stands at almost one million, which represents almost 6% of the country’s population.
Romanian doctors said that pollution is the second major cause for respiratory illnesses, after smoking, and that air inside homes can be up to five times more polluted that the air outdoors, as dust contains minerals, mites and other particles which might trigger allergic reactions and asthma. (romanialibera.ro)
Code Orange Alert For Floods In Danube Delta
Hydrologists said a code orange alert is in place from Tuesday through Friday, forecasting floods in the Danube Delta (Tulcea County).
A code yellow alert targets downstream sectors of Calarasi – Galati and the area downstream Galati Tuesday through Friday.
A code yellow alert is also valid Tuesday (April 17) through Monday (April 30) on the Danube River, on downstream sector of Galati, in the counties of Galati and Tulcea. (puterea.ro)
Hidroelectrica Expects 41% Lower Profit In 2018, Of RON937.1M
The 2018 budget of revenue and expenditure of hydropower generator Hidroelectrica SA, released by the Energy Ministry, envisages a profit of RON937.1 million this year, compared to RON1.6 billion in 2017.
„For 2018, the estimated profit is 41.38% lower than the level forecasted in 2017, mainly due to revenue projections based on prudent production estimations in 2018 and to setting up provisions related to abandoning some historical investments with complex functions, with revenue being corelated with expenditure”, according to the substantiation note of the company’s budget of revenue and expenditure.
Revenues are envisaged at RON3.19 billion and expenses are expected to reach RON2.26 billion in 2018.(romanialibera.ro)
IMF Revises Up Romania’s GDP Growth Forecast To 5.1% In 2018
The International Monetary Fund (IMF) expects Romania’s economy to grow 5.1% in 2018, from 4.4% previously estimated, the IMF said in the April edition of its World Economic Outlook (WEO) report released on Tuesday.
The IMF’s latest forecast for Romania’s 2018 economic growth is below the government’s projection of a 6.1% increase. Romania’s consumer prices are seen rising by 4.7% year-on-year in 2018 and by 3.1% in 2019, the IMF also said in its WEO report.
The IMF revised downwards its forecast on Romania’s unemployment rate to 4.6% in 2018, from 5.2% previously estimated. In 2019, the unemployment rate is expected to stand at 4.6%, the report also reads.
The IMF revised upwards its forecast on Romania’s current account deficit, to 3.7% of the GDP in 2018, from 2.9% of the GDP forecasted in October 2017. In 2019, the IMF predicts a current account deficit of 3.7% of the GDP.
According to the IMF, Malta will record the biggest economic growth in Europe in 2018, of 5.7%, followed by Romania with 5.1%. (puterea.ro)