Vasile Blaga Is Klaus Iohannis’ Campaign Manager
The co-president of the Christian Liberal Alliance, democrat liberal head Vasile Blaga is the campaign manager for the organization, Liberal Party leader and residential candidate Klaus Iohannis announced Tuesday.
Iohannis has been officially designated by the alliance formed by the two parties to run in the presidential election. (Evenimentul Zilei)
PM To Make New Propositions For Culture, Budget Ministers End-August
Prime Minster Victor Ponta said Tuesday he will make new propositions for the minister-delegate for the Budget and for Culture minster at the end of August.
“At the end of August, I will talk to UDMR to see if they have a new proposition for the culture Ministry. We (the Social Democratic Party – e.n.) will propose a new candidate for Budget minister at the end of August. And this time, fortunately, Mr. Basescu cannot reject the propositions. I’m thinking of a surprise for him,” said Ponta.
President Traian Basescu rejected last week the Cabinet’s propositions to appoint Rozalia Biro for culture minister and Claudiu Manda for budget minister. (Romania Libera)
OMV Petrom 1H Net Profit Falls To RON1.38B
Romanian leading oil company OMV Petrom said its net profit fell 42% to 1.387 billion lei (EUR312 million) in the first half, hurt by lower demand for oil and gas and falling power output at its Brazi plant.
Group sales declined 7% to RON10.72 billion in the first half, from RON11.57 billion a year earlier.
“The weak demand in oil and gas downstream, coupled with additional taxation introduced in 2013-2014, almost offset the benefits from gas price liberalization,” said Mariana Gheorghe, Chief Executive Officer of OMV Petrom. (Adevarul)
Fitch Revises Outlook On Romania’s BCR To Negative From Stable
Fitch Ratings has revised to negative from stable its outlook on Romanian bank Banca Comerciala Romana’s (BCR) ratings, following the downgrade of the parent bank’s viability rating to ‘bbb+’ from ‘a-‘, the agency said in a statement Tuesday.
BCR’s long-term issuer default ratings were affirmed at ‘BBB+’, while the short-term ratings and the support rating were kept at ‘F2’ and ‘2’, respectively.
The lender’s viability rating was not affected by the announced rating actions, Fitch said. (Curierul National)
Romanian Shepherd In Serious Condition After Bear Attack
A 54 year-old shepherd was seriously injured Monday night by a bear that had attacked his sheep in the Retezat Mountains, at over 2,000 meters altitude.
The man was airlifted Tuesday afternoon to a hospital in Targu Mures for emergency surgery.
“From what I understand, the bear attacked the sheep and the man tried to chase it away. He was attacked and he has injuries on the scalp, face, a dislocated shoulder and a mangled leg. he lost a lot of blood,” said local mountain rescue service head Ovidiu Bodean. (Adevarul)
Romanian Trains To Register Delays Of Up To One Hour Due To Heat
Trains in Romania could register delays of 30-40 on average because of speed limits introduced because of the heat wave in the country.
Trains on routes in areas under extreme advisory for heat may register delays of up to one hour, said railway company CFR. (Evenimentul Zilei)