CEC Bank Scraps Cash Withdrawal Fees

CEC Bank said it decided to eliminate the fees charged on cash withdrawal transactions conducted in Romania and in the European Union, as well as account balance inquiry fees at pay offices (including POS) and at ATMs in Romania.   According to the bank, this measure, which took effect on April 2, targets the current card accounts or one or more debit cards, except Premium debit cards.   CEC Bank registered a gross profit of nearly RON203.9 million in the first nine months of 2017.(jurnalul.ro)   Chicirau: Governing Program Is Inoperative, Untrue And Irresponsible   The governing program is inoperative, untrue and irresponsible, USR lawmaker Cosette Chichirau said Tuesday.

“The truth is the budget is out of control, the deficit already exceeded RON5 billion, or 0.6% of GDP, after only two months, budget expenditure rose 38% compared to the first two months of 2017 and staff expenditure is 19% higher. Net wages in productivity mostly remained unchanged, but the inflation rate reached 5%. Many wages decreased and some people had to bring their own money from home”, said Chichirau.

The MP also said Romanians’ loan instalments have increased “because the interest rates directly reflect the government’s lack of responsibility”. (jurnalul.ro)

  Tariceanu’s Solution To Romania Intelligence Service-Supreme Court Prosecution Office Protocol  

Călin Popescu Tariceanu, head of the Alliance of Liberals and Democrats (ALDE), on Tuesday said Romania’s judicial watchdog Superior Council of Magistracy (CSM) ought to solve the issue involving the protocol between the Romanian Intelligence Service (SRI) and the Supreme Court Prosecution Office.

Tariceanu also said the National Supreme Defence Council (CSAT) discussed no protocols during the period when he was prime minister.

SRI recently released on its website the protocol of cooperation with the Prosecution Office attached to the High Court of Cassation and Justice (PICCJ) regarding the two institutions’ fulfilling their tasks on national security.

On March 16 Justice Minister Tudorel Toader said that he would request the Public Prosecution Office – the National Anticorruption Directorate (DNA) to declassify the protocols signed with the Romanian Intelligence Service. (cotidianul.ro)

Prices Of Bakery Products To Rise By Up To 10%   The prices of bread and bakery products will increase by up to 10%, according to employers’ association in the milling and baking industry, which says prices must be raised because grain and utility prices rose by over 10%.

The upcoming increase in prices of bakery products is also due to higher grain prices.  

Romanians are among the biggest bread consumers in the European Union, therefore, their family budgets are directly affected by prices hikes.

Statistics show one Romanian eats over 90 kilograms of bread per year, which is above the European average. (puterea.ro)

Subiecte #press review