Oprea Comments On UNPR-PMP Merger

Former UNPR president Gabriel Oprea said the party’s decision to merge with Traian Basescu’s PMP doesn’t reflect his own opinions.

“I had no role in the decision. I am no longer a member of the party. My resignation was not formal but real and effective,” Oprea wrote on Facebook.

Following the merger, the new party will be called PMP and will be led by Traian Basescu. (Adevarul)

Romania To Resume Canada Visa Talks In September

Talks on lifting visas for Canada will be resumed in September, said Dragos Tudorache, head of the prime minister’s chancellery, following talks in Brussels.

Tudorache and EU commissioner for migration Dimitris Avramopoulos met Monday in Brussels with Canadian minister for migration John McCallum to discuss Canada’s visa policy for EU citizens.

Canada is expected to announce a calendar this fall on the lifting of visas for Romanians and Bulgarians, the European Commission said in a press release Monday. (Evenimentul Zilei)

Rompetrol Might Move Business Out Of Romania

With part of its assets impounded following an organized crime investigation, Rompetrol is in a difficult position, said owner KazMunayGas International.

KMG International said the investigation, which targets a period before the company was taken over, affects Rompetrol’s activity and investment plans and the owner is considering leaving Romania if the situation continues.

Azamat Zhangulov, Senior Vice President of KazMunayGas International, said there is a real risk investigations will drive the company out of Romania. (Puterea)

Food Prices Returned To Growth In 1H 2016

Low storage capacity, long supply chains and imports that depend on currency exchange rates have led to a growth in food prices in the first six months of the year, statistical data showed.

The average prices for food returned to growth after a long period of decline due to cuts in the sales tax.

Romania’s annual inflation rate grew to -0.7% in June from an annual rate of -3.5% in May. (Adevarul)

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