Trade Unions For Artists And Journalists Merge Into Mammoth Organization

The biggest trade union organization in the Romanian cultural and mass-media sectors, which brings together nearly 10,000 members from 36 unions, was formed by merging the Federation of Artists in Romania (FAIR) with the Romanian Federation of MediaSind Journalists.

The representatives of the two federations, who attended the congress for the setting up of the ‘Culture and Mass-Media’ FAIR-MediaSind Federation, voted in favor of four resolutions.

The resolutions target amendments to the labor legislation and the anti-cultural strategy promoted by the country’s Culture Ministry, as well as the depoliticization of the public radio and television. (Evenimentul Zilei)

Romania Forex Reserves Fall To EUR32.4B In November

Romanian foreign exchange reserves fell to EUR32.41 billion in November, from EUR34.56 billion a month earlier, central bank data showed Monday.

Foreign exchange inflows dropped to EUR857 million in November, from EUR2.2 billion in October, while total outflows rose to EUR3 billion, from EUR722 million in the previous month.

Romania’s overall international reserves were at EUR35.46 billion in November, down from EUR37.81 billion a month earlier. (Puterea)

Tax Authority Obliged To Pay RON5M Default Interest For Overdue VAT Refund

Romania’s tax authority ANAF is obliged to pay default interest of nearly RON5 million to a company for overdue VAT refund, law firm D&B David și Baias, which represented the respective firm, said in a statement.

The Supreme Court admitted the request of the respective company  and ruled that ANAF must pay default interest. (Adevarul)

EC Disapproves Of Basescu’s Statement On Romania’s Potential Reunification With Moldova

The European Commission disapproves strongly of the statement made by Romanian President Traian Basescu last Friday, in the Lithuanian capital of Vilnius, regarding a potential reunification of Romania with neighboring Moldova, according to an EU diplomat.

Moldovan Prime Minister Iurie Leanca has recently said Moldova is far from being prepared to unite with Romania. (Jurnalul National)

Basescu Refuses To Sign Memorandum For New IMF Loan Agreement

Romania’s President Traian Basescu said Monday he decided not to sign a memorandum concerning the country’s new loan agreement with the International Monetary Fund, adding that he objects to a provision increasing excise duties on fuels by EUR0.07/liter.

“I have decided not to approve the memorandum, which states on its third page, among other commitments made by the Government, that excise taxes on fuels will be raised,” Basescu said.

Presidency spokesman Bogdan Oprea said the memorandum should have been sent to the IMF Tuesday.

The Romanian Government pledged in a memorandum agreed with the IMF and presented by Mediafax in mid-November excises will be indexed for inflation starting next year and excise taxes on fuels will rise by EUR0.07/liter. (Evenimentul Zilei)

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