Subway Unionists Threaten To Go On Full-Blown Strike In October
Subway unionists will summon net week the General Council to decide on their future actions, Ion Radoi, head of the Free Subway Unionists, said Tuesday.
“If we also reach the expiry of the collective labor contract, we might as well go on strike”, said Radoi, who added the strike is planned for mid-October.
Subway unionists organized protests in the front of the Transport Ministry building, on August 20, 21, 22 and 23, 2018, between 12 and 2 p.m., to raise awareness on the problems faced by subway operator Metrorex, but talks between the Transport minister and Metrorex leaders failed.
On Monday (August 27) and Tuesday (August 28), 700 unionists picketed the government building. (puterea.ro)
Romania’s Opposition USR Party Calls For Resignation Of Justice Minister Tudorel Toader
MP Stelian Ion, of Romania’s opposition USR party, on Tuesday said he asked for the resignation of Justice Minister Tudorel Toader and that USR will submit a simple motion against the latter at the beginning of the parliamentary session.
Ion said USR assessed the Justice minister and found the latter has a poor performance because he promoted some laws blasted by most magistrates in Romania, the Venice Commission, the European Union and by the Group of States against Corruption (GRECO) GRECO.
Ion added that “Minister Tudorel Toader is a peril for the rule of law and for the normal activity of the justice system, therefore, his resignation is imperative.” (jurnalul.ro)
Three-Month Money Market Rate Hits Two-Month Low, At 3.25%
The three-month money market interest rate used to calculate interests for consumer loans in lei fell for the third consecutive day on Tuesday, to 3.25% a year, the lowest level of the past two months, central bank data show.
On Monday, the three-month money market interest rate fell to 3.27% a year.
The six-month money market rate, which is used to calculate interests on leu-denominated mortgage loans, on Tuesday remained at Monday’s level of 3.43%.
The nine-month interbank rate, which is used to calculate interests on loans in lei attracted by commercial banks from other commercial banks for a nine-month period, also stayed at Monday’s level of 3.49%.
The twelve-month index was flat at 3.55% on Tuesday, for the third consecutive day, compared with 3.56% last Thursday.
The evolution of the money market interest rates comes in the context of Romania’s central bank injecting RON12.17 billion into the local market in a repo operation on Monday, the largest repo operation in the past six years. (romanialibera.ro)
Public Finance Ministry To Check Upon Non-Profit Associations And Foundations
The Public Finance Ministry, run by Eugen Orlando Teodorovici, will set up a control body which will check upon the use of money granted through sponsorships or patronage, as per a draft emergency decree published and put up for debate on the ministry website.
The future control body will also check upon the way in which the beneficiaries of the amounts redirected from the income tax owed by natural personas observe the use of the amounts received.
As per the draft, in 2015, non-profit foundations and associations cashed over RON696 million from the redirected profit tax, but nobody knows for sure whether the money was spent legally and for the right purpose. (puterea.ro)