Romania Needs Personal Bankruptcy Law, IMF Agrees

Romania needs a personal bankruptcy law and the International Monetary Fund agrees with it as long as it would be “a very good one”, as some Romanian laws are not always qualitative, triggering collateral victims, Angela Filote, Head of the European Commission Representation in Romania, stated.

Filote added that Romanian laws are often adopted on the background of crises and are not always of good quality, causing unfavorable legal effects.

European Commission has already examined the four existing legislative proposals on personal bankruptcy, according to the head of the EC Representation in Romania. (Adevarul)

EU Fund Absorption Rate In Romania, 20% Lower Than European Average

Romania registers the lowest EU fund absorption rate and is the only country with a rate below 60%, which is 20% lower that the European average.

“Romania is the only member state with an absorption rate below 60% and it only has one year to try to use as much as possible of the funds allotted between 2007 and 2013,” Angela Filote, Head of the European Commission Representation in Romania, was quoted by Mediafax as saying.

According to Filote, EU fund absorption rate in Romania is at 56%, while the European average is 76%. (Evenimentul Zilei)

Head of PMP Women Organization Says Traian Basescu Will Join The Party

Ruxandra Dragomir, head of Women Organization of People’s Movement Party (PMP), stated that she can guarantee that Traian Basescu will join the party, together with other persons.

“For those interested whether Traian Basescu will join the party, I can guarantee he will. Traian Basescu and several new people will join the party, and the leadership will be reformed. As I have discussed with my colleagues, it will be a pleasant surprise for those who still believe in this project, which will continue,” Ruxandra Dragomir told Realitatea TV. (Romania Libera)

M10 Association Calls On Parties To Vote For Draft Law On Simplifying Immunity Lift Procedures

M10 Association asked the parliamentary parties to urgently vote Monica Macovei’s draft law on simplifying the procedure for lifting parliamentary immunity, according to a statement of the association also posted on Facebook.

M10 Association was established by Macovei, jointly with those who supported her during the electoral campaign for presidential elections.

The draft law was submitted to the Parliament in June 2014, and includes several measures to speed up the parliamentary immunity lifting procedures. (Puterea)

Children Entitled To Paid Work In Cultural, Artistic, Sports, Advertising, Modeling Fields

Children will be allowed to work and get paid in the cultural, artistic, sports, advertising and modeling fields, based on contracts signed by their parents or legal tutors, or by children aged over 14 with the legal consent of their parents or tutors.

Minors can work as actors, singers, musicians, acrobats, or dancers at cultural, educational or  artistic events, in  theatres, opera, ballet, circus, contests, films, radio, TV, commercials, according to a decision adopted by the government, cited by Mediafax. (Adevarul)

Subiecte #press review