Finance Minister Focuses Again On Mandatory Private Pensions

Finance Minister Ionut Misa is focusing again on the mandatory private pension system known as Pillar II and is blasting administrators for pumping fees into their own accounts instead of transferring the money into Romanians’ pension accounts.   Misa said the accounts of private pension managers are filled with hundreds of millions of lei per year, which should actually go into Romanians’ pension accounts.   End-June 2017, the minister said the government will eliminate Pillar II and contributors will be able to choose whether to add their contributions to the state pension system or to a voluntary private pension fund (Pillar III). The minister subsequently withdrew his statement, saying Pillar II will not be eliminated. (adevarul.ro)   Romanian Hospitals Face Blood Shortage   The head of Bucharest Blood Transfusion Center, Doina Gosa, on Monday urged Bucharest people to donate blood.

Gosa said the number of blood donors decreased due to the extremely hot weather and blood stocks declined, being able to cope only with emergency cases.

According to Gosa, the Bucharest City Hall will also get involved in promoting blood donation.

Gosa pointed out that blood donors must be healthy. (cotidianul.ro)

Energy Watchdog ANRE Suspends Quarterly Electricity Auction

Romania’s energy watchdog ANRE on Monday said it suspended the quarterly auction for the electricity needed for clients benefiting from the universal service, a category which includes household customers and small firms.

ANRE said the necessary amount of electricity for the beneficiaries of the universal service accounts for nearly 12% of the total average electricity consumption across Romania, this season. (cotidianul.ro)

Code Yellow Alert For Floods In Three Romanian Counties

The National Institute of Hydrology and Water Management (INHGA) on Monday issued a code yellow alert for floods, valid for the next eight hours for hydrographic basins on the radius of the counties of Valcea, Gorj and Arges.

According to hydrologists, until 6 p.m., precipitations may cause local floods and rivers to overflow: Gilort — the superior basin, Lotru, Oltet — superior basin and the superior basins of the tributaries of the Olt River. (puterea.ro)

Basescu Explains Why He Cannot Run For President Of Moldova

Romania’s former president Traian Basescu said Sunday evening that, according to the Constitution, he is not entitled to run for president of the Republic of Moldova, as rumoured in the media, because he was not born on Moldova’s territory.

Basescu said polls show he is the most popular politician outside of Moldova, after Putin, adding he is a pro-unionist, which is why he created a unionist party, namely, the National Union Party.

Subiecte #press review