Romanians Abroad Push For Correspondence Voting

Romanians abroad say they are ready to ask President Klaus Iohannis to dissolve the Parliament unless correspondence voting is approved.

The Romanian Parliament will hold an extraordinary session to reexamine the Tax Code and Romanians abroad call for the adoption of electronic and correspondence voting at the same time, otherwise the measures won’t be applicable for the first upcoming election, in 2016. (Puterea)

Ponta Says Foreign Direct Investment In Romania Grew 40%

Romanian Prime Minister Victor Ponta wrote on Facebook the adoption of the New Tax Code would double foreign direct investments in the country by 2016.

He said foreign direct investment already grew 40%.

Foreign direct investment rose to 1.66 billion euros in the first six months, from EUR1.19 billion in the same period of 2014, data from the central bank showed Thursday. (Evenimentul Zilei)

IMF Calls For Massive Restructuring Of Romanian Energy Companies

The International Monetary Fund calls on Romanian authorities to massively restructure the country’s coal-based energy producers.

But the sector has proven its essential role once again as hydropower and wind power production dropped considerable due to severe drought on the past two months and coal-fired plants covered the country’s electricity needs. (Adevarul)

IBM Finds Romania-Focused Virus That Targets 12 Local Banks

IBM researchers have recently identified a Romania-focused configuration of the Tinba v3 Trojan virus, which exclusively targets 12 banks active on the local market.

IMB recommends banks to ask clients to report suspicious emails and work closely with their anti-fraud provider to lower the possible risks.

Intelligence service spokesman Sorin Sava said the entities behind the attacks seem to be non-statal and there have been no victims of the virus so far. (Puterea)

Drought Damage In Romania Seen At EUR3B

2015 will remain in the dark history of Romanian agriculture as the country was hit by the harshest drought of the past 50 years, affecting millions of hectares of farmland.

The drought has been going on for five nearly months and damages estimated nationwide have hit alarming rates.

Damages caused by the scorching weather are estimated at around EUR3 billion but the figure is still subject to revision. (Evenimentul Zilei)

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