Dell’ Arte Theater Festival Running From July 10 To September 6 In Cismigiu Park
The Center of Creation, Art and Tradition, in partnership with the Caragiale University of Theatrical Arts and Cinematography, announced the opening of the summer season of the Dell’ Arte Theater Festival, which will run between July 10 and September 6, 2015, in Bucharest’s Cismigiu Park.
Dell’Arte is at its first edition and its purpose is to bring outdoor performances to a wider variety of audiences.(Puterea)
Labor Inspectors Track Down 118 Illegal Workers
Labor inspectors have tracked down 118 illegal workers and applied fines worth a total RON880.000 for breaches of the Labor Code, according to the Labor Inspection.
The Labor Inspection conducted checkups between June 29 and July 3 and applied fines worth a total EUR339,688 (RON1,528,000). (Adevarul)
Consumer Protection Authority Set Off Checkups At All Romanian Banks Granting Swiss Franc Loans
The National Consumer Protection Authority (ANPC) set off checkups at all Romanian or foreign-held banks which granted Swiss franc loans.
ANPC head Marius Dunca said he would like to find a legal provision allowing him to suspend banks’ lending activity toward private individuals. ANPC will check whether banks took all the measures necessary to support debtors in Swiss francs.
The Swiss franc touched record highs on the Romanian market starting January 15, 2015, after gaining nearly 30% against the euro following the Swiss National Bank’s decision to scrap the minimum exchange rate ceiling against the euro. Swiss francs debtors were lured by the lower interest rates compared with most currencies.
End-January 2015, central bank governor Mugur Isarescu said the central bank agreed with burden–sharing solutions for people holding loans in Swiss francs and banks, but reasonable and balanced solutions, applied individually, considering that each case is different. Isarescu also said that converting Swiss franc loans into lei at the historical exchange rate would generate a loss of RON5.7 billion, or 0.8% of GDP, for banks that granted such loans. (Puterea)
Ambassador Saint-Paul: Romania Should Invest In All Types Of Infrastructure
Romania should invest in all types of infrastructure and provide competitive conditions to attract other French investors, French ambassador to Bucharest, Francois Saint-Paul, told a news conference Thursday.
“In the economic sector, I see this relation in a very positive way. France is the third or fourth largest investor in Romania. French companies, either enterprises or companies with French capital, have sales worth 10%– 15% of the GDP,” Saint-Paul stated.
The ambassador added that Dacia is a successful French-Romanian story but there are also other examples, in agriculture, electronics and auto sectors, among others.
According to Saint-Paul, “intellectual investments are also infrastructures”, which became more and more necessary for the economic growth. (Adevarul)
PM Ponta Disagrees With Ordinance Raising Wages Of Top Officials
Romanian Prime Minister Victor Ponta said Thursday evening at B1 TV that he did not agree with the ordinance raising the monthly wages of the country’s top officials, including the head of state, heads of Parliament and Cabinet ministers.
Ponta said a new decision will be adopted next Wednesday.
The prime minister pointed out that high officials must be well-paid indeed, but their wages must be raised along with increasing the wages of all public sector workers. (Adevarul)