Education Minister Approves Structure Of 2014–2015 School Year
Romanian Education Minister Remus Pricopie has approved the order regarding the structure of the 2014–2015 school year, in accordance with Government Decision no. 185/2013.
The 2014-2015 school year is 36-week long, totaling 177 working days. (Puterea)
INS: Producer Prices Down 0.3% On Month, But Rise 0.3% On Year
Romania’s industrial producer price index inched down 0.3% on average in June compared with a month earlier, on lower prices in most sectors, according to the country’s statistics institute INS.
Prices of energy and capital goods declined 0.6% and 0.2% on the month, respectively, while intermediate product prices were down 0.5%. Consumer goods prices inched up 0.3% month-on-month.
In annual terms, industrial prices rose 0.3% in June, fueled by higher prices in most sectors, the data showed. (Curierul National)
Romania Central Bank Cuts 2014 Inflation Forecast To 2.2%
Romania’s central bank Monday revised sharply down its inflation forecast to 2.2% this year from 3.3% previously, saying the inflation rate is expected to decelerate at a faster pace than initially estimated.
The forecast on the 2015 year-end inflation was also revised down to 3%, from 3.3% previously envisaged. The average annual inflation is seen at 1.4% this year and at 2.4% in 2015.
Romania’s inflation eased for the second straight month to a fresh record low of 0.66% in June, from 0.94% a month earlier. (Puterea)
People Taking Out Mortgage Loans They Can’t Afford May Escape Foreclosure
People who took out mortgage loans and cannot afford to pay them back could be temporarily exempted from home foreclosure until they get back on track financially, according to a legislative initiative put forward by four social democrat lawmakers.
The respective debtors must prove they live with their families in the homes about to be foreclosed and do not earn more than the guaranteed minimum income for each member of the family. (Evenimentul Zilei)
Romanian Orthodox Church Says It Remains Politically Neutral
The Romanian Orthodox Church said in a press statement that it has civilized relations with all political parties, but remains politically neutral, in accordance with the Holy Synod’s decisions based on dogmas.
The Orthodox Church said it decided to issue a press statement in this respect following unjust remarks and ungrounded opinions regarding its alleged involvement in political and electoral confrontation. (Adevarul)