Social Democratic And Liberal Parties To Change By-Laws Ousting Convicted Members

The Social Democratic and Liberal parties will change their by-laws to introduce measures whereby party members under criminal investigation will be sanctioned or ousted from the party, depending on court verdicts.

The decision of the two large parties follows a large number of convictions among politicians. The presidential election of November 16 has prompted both the ruling party and the opposition to seek by-laws amendments to clear their image. (Adevarul)

IMF Starts Visit To Romania

Officials of the IMF delegation started their visit to Romania with a meeting at the central bank, to discuss the personal insolvency bill and Swiss-franc loan conversion.

The IMF is scheduled to stay in Bucharest until February 10 for the third assessment of the country’s stand-by loan agreement, approved in September 2013.

The IMF recently sent a letter to the finance minister expressing concern over the country’s personal insolvency bill and calling for an impact study. (Adevarul)

Number Of Insolvencies Top Number Of New Companies In 2014

The number of new companies enrolled with the Trade Registry last year fell by nearly 19% compared with 2013, to 101,627, while the number of insolvent, deregistered, suspended or winded-up companies fell by 16%, to 131,307, according to Trade Registry data.

A total of 131,307 companies closed their doors last year, compared with 155,660 in 2013.

The number of companies that went insolvent in 2014 fell by 30% to 20,696, from 29,587 a year before. (Puterea)

Corina Cretu Recommends Eugen Teodorovici To Be More Involved In Working Group

Romanian EU commissioner Corina Cretu recommended EU funds minister Eugen Teodorovici to be more actively involved in the working group created to help member states with funding absorption problems.

“We are ready to do what we can to help you invest as much money as possible in the months remaining for the financing period 2007 – 2013, but we need you to bring forth the best and most efficient solutions,” Cretu said during a meeting with the Romanian minister.

One of the proposed solutions for which the commissioner expressed support was retroactive project financing. (Romania Libera)

Education Ministry Takes Over Medical Residency Exam

The Education Ministry will be organizing the medical residency exam starting this year, through universities across the country.

So far, the residency exam was organized by the Health Ministry.

“Romania is the only country in the European Union where the the residency exam is overseen by the Health Ministry, which has no attributions in education,” said Bucharest Medicine University provost Ioanel Sinescu. (Adevarul)

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