Dacian Ciolos: Government Decisions Show Loathsome Defiance Towards Justice And Rule Of Law
Former Prime Minister of Romania, Dacian Ciolos, posted on his Facebook page that the legitimacy of the vote does not allow the government to treat Romanians in a discretionary manner and legislate stealthily some delicate issues such as those related to justice.
”The decisions of Grindeanu government, supported by PSD-ALDE majority, related to the amending of the Criminal Code to the benefit of politicians investigated for corruption, show terrible contempt for all the correct and honest citizens of Romania. What happened tonight shows loathsome defiance towards the justice and the rule of law, which takes Romania back to bygone times,” Ciolos posted on Facebook.
The former PM added that Romania will pay an incalculable price following the decisions of the government.(mediafax.ro)
Energy Market Storm: Who Wins, Who Loses From Price Destabilization
The hole which was created after the withdrawal of two energy traders with important shares on the energy market has lured both producers and speculators, so that energy prices climbed at extremely high values for a country whose production capacity is at least twofold higher than consumption.
From RON150-200/MWh in the first transactions of 2017, prices climbed to RON650/MWh after January 20 due to several reasons.
First, Romanian state-run power grid operator Transelectrica notified of a potential crisis in the functioning of the national energy system, following six days of winter peak between January 5-15, marked by historic natural gas and electricity consumption. Thus, authorities adopted safety measures on the electricity market, such as the limiting of electricity consumption, and the cut in exports.
Second, electricity and natural gas supplier Transenergo, one of the largest energy traders on the Romanian market, filed for insolvency on January 17, which created a hole in the energy market, boosting demand on the spot market. (mediafax.ro)
Romanian Government Adopts 2017 Budget
The budget for 2017 was adopted in the government session held late Tuesday. Romania’s social democrat government has drafted the 2017 state budget on an economic growth projection of 5.2%, Finance Minister, Viorel Stefan, said after Tuesday’s government session.
The budget deficit is estimated at 2.96% to stay within the EU limit of 3%. It also considers an inflation rate below 1.4% and an unemployment rate of 4.3%. The government targets investments of 4.84% of the gross domestic product this year (RON39.4 billion), up by RON10 billion compared with last year. Government debt is estimated at 37.7% of GDP. (mediafax.ro)
Dragnea On Criminal Code And Pardon Law: I Asked Government To Close The Subject In One Way Or Another
PSD president, Liviu Dragnea, stated Tuesday that he would not comment on the amending of the Criminal Code and the pardon law, adding that the prolonged talks on the two issues are affecting the communication related to the measures in the governing program.
“I asked (government – e.n.) to close the subject in one way or another and decide on the issues that they believe in, not others. They should understand that there is a legitimate government,” PSD president stated. (mediafax.ro)
eJobs Review & Trends: Women Expect Lower Salaries Than Men
Salary expectations of Romanians show a minimum net wage of RON2,311 for women, which is RON500 lower than in the case of men, who said they want to get a salary of minimum RON2,880, according to a report presented by eJobs Group.
Romanians with the highest salary expectations said they want to get jobs in sectors such as import-export, management and consultancy or architecture and design, according to eJobs Review & Trends report.
Men accounted for over 78% of the candidates in sectors such as transports, constructions and production, while women preferred the administrative sector (89%), financial sector (87%) and human resources (84%). Men and women opted equally for jobs in management &consulting sector, chemical & petrochemical industry and real estate sector. (mediafax.ro)