Romanian President Signs 2017 Budget Bill Into Law
Romanian President Klaus Iohannis on Thursday signed the state budget bill into law, saying that he is asking the government for three things: “responsibility, responsibility and responsibility”.
“Today I have decided to promulgate the state budget. The country needs a budget and the government which pledged to carry out such a budget has now the chance to show us how it will do it. I have a simple message for the government (…), I am asking the government for three things: responsibility, responsibility and responsibility,” Iohannis stated.
Iohannis said Tuesday, after talks with the prime minister and finance minister, he was concerned about the state budget and was considering sending the bill back to Parliament, as it was problematic and risky. He said he believes estimated revenues are overrated and there is a real risk of running a deficit higher than the EU limit of 3%.
Thursday, PM Sorin Grindeanu told ministers that the measures in the governing program could be negatively affected by the fact that the state budget was not promulgated yet. (mediafax.ro)
Constitutional Court To Discuss Tariceanu’s Notice On Potential Conflict Between Government And DNA On February 27
The Constitutional Court decided to discuss on February 27 the notice filed by Senate chairman, Calin Popescu-Tariceanu regarding a potential legal conflict of constitutional nature between the government and National Anticorruption Department (DNA) after the investigation related to decree 13 on the amending of the criminal codes.
On February 8, Tariceanu notified the Constitutional Court on the existence of a legal conflict of constitutional nature between the Government of Romania and the Public Ministry, through the National Anticorruption Department. Tariceanu said that the investigation by anti-corruption prosecutors of the elaboration of decree 13 represents the violation of the executive power by the judicial power. (mediafax.ro)
Smartree: IT, Retail Sectors Provided Most Jobs In 2016
Sectors like IT, BPO, production and retail sectors registered a significant number of hirings in 2016, while in the fields of agriculture, history and geography, the applicants had problems in finding a job, according to Smartree.
“Last year, sectors like IT, BPO, production and retail were on top of the industries which provided the most jobs. Automotive, logistics and medical were also segments in which candidates didn’t have to look too much for a job,” said Raluca Penes, Smartree HR coordinator.
According to Smartree, the recruitment trend on those segments will remain unchanged 2017.
As for the best-paid jobs in 2016, software was on the top spot, followed by the automotive industry.
Bucharest ranks first by the number of hirings in 2016, followed by Cluj-Napoca and Timisoara. Eastern Romania is at the opposite pole, due to the low industrialization. (mediafax.ro)
Tallest Building In Romania To Be Built In Timisoara
The construction works for the tallest building in Romania (155 meters) will start this spring in Timisoara, within Openville project.
Iulius group, the real estate developer run by businessman Iulian Dascalu, will start, this spring, the construction of three new Class A office buildings within multifunctional project Openville Timisoara, located in the vicinity of Iulius Mall.
The three buildings, which will be developed under the brand United Business Center (UBC), cover a total 73,000 square meters and will be delivered on the market in 12- 18 months’ time.
In January, Iulius Group completed the first office building of the seven buildings to be part of the multifunctional compound.
In 2017, Iulius Mall Timisoara, which covers 60,000 sqm of retail, will be expanded to reach a total lettable area of 131,000 sqm. On this segment, Openville will include 430 stores, restaurants and coffee shops, multiplex cinema, a fresh market area, the biggest playground, as well as other options for spending free time.
At the moment, the tallest building in Romania is Sky Tower in Floreasca-Bucharest – 137 m. (mediafax.ro)
Romania To Change Rules On Tourist Protection In Case Of Tour Operator Insolvency
Romanian Tourism Minister, Mircea -Titus Dobre, said that this year, they will decide how tour operators will protect their clients in case of insolvency and bankruptcy as insurance policies proved not to be enough in such cases.
“We have to change the laws because we have an EU directive which clearly stipulates what happens in case of insolvency or bankruptcy of travel agencies. But we also have to talk about insolvency. We should have these talks especially with employers’ organizations, the representatives of travel agencies in Romania, not only the big ones, but also the small ones. We have to find the best and most correct solution because we can talk about the guarantee fund, fiduciary fund, insurance policies, bank deposits and any other financial instrument,” Dobre stated. (mediafax.ro)