Romania Expects Heavy Rainfall In Western, Northern And Central Regions
Romanian meteorologists said heavy rainfall is expected in Romania’s western, northern and central regions until Tuesday morning, at 9:00 a.m. and mixed precipitation is expected in mountain areas.
According to weather authorities, precipitation will reach 25-30 liters/sqm locally and 40-50 liters/sqm in some areas.
The wind will blow harder mainly in mountain areas and western regions, reaching higher speeds Monday night (January 11/12).(Adevarul)
Romanian Household Spending On Daily Necessities Fell To 86% Of Income In 2015
The share of Romanian household expenses on daily necessities dropped to 86.7% of income in the third quarter of 2015, on the backdrop of an increase in the minimum wage and the lowering of the sales tax on food items, according to family budget data centralized by the National Statistics Institute (INS).
Between 2009 and 2013, namely, during the crisis and post-crisis years, consumer spending accounted for over 91% of household income, which showed how living costs engulfed Romanian household budgets.
INS data show the total household income stood at RON2,713/month in the third quarter of 2015, compared to RON2,655 in the second quarter. Moreover, the average household expenditure rose to RON2,351 from RON2,314 in the same period. (Adevarul)
World Bank Revises Romania 2016 Economic Growth Forecast to 3.9% from 3.2%
The World Bank has revised its forecast for Romania’s economic growth to 3.9% this year, from 3.2% seen previously, and to 4.1% in 2017, in line with European Commission and International Monetary Fund forecasts.
Previous World Bank forecasts saw the country’s economic growth at 3.5% in 2017.
The European Commission sees the indicator at 4.1% this year, while the International Monetary Fund sees it at 3.9%.
The Romanian government foresees an economic growth of 4% this year. (Evenimentul Zilei)
President Iohannis Gets Back To Work After Florida Vacation
Romanian President Klaus Iohannis has come back from his Florida vacation and already signed several bills into laws.
The bill stipulating that illegal deforestation is considered a threat to the national security is among the bills signed off by Iohannis.
Iohannis also sent back to Parliament for re-examination a bill banning advertisements for medicines and pharmacies on radio and TV. The President argued the bill is more restrictive than the EU Directives, going against these directives and is also discriminating because the ban is only for radio and television, not for other media.
Iohannis also signed a decree approving the accreditation of journalist Luca Niculescu as Romania’s Ambassador to France. (Puterea)
PNL Co-president Alina Gorghiu Rules Out Any Post-electoral Alliance Between PNL And MP
Alina Gorghiu, co-president of the National Liberal Party (PNL), told a press conference that she excludes any kind of alliance between the Liberal Party and the People’s Movement Party (PMP) after the elections due this fall.
Gorghiu thinks the PMP run by former president Traian Basescu will have poorer results than the one run by Elena Udrea.
Gorghiu concluded saying the Liberal Party believes in democracy, principles and ideas, whereas Basescu only believes in himself. (Adevarul)