Oprea Backs Victor Ponta For Prime Minister
Deputy prime minister Gabriel Oprea said Monday he continues to support Victor Ponta for prime minister and his party UNPR remains part of the ruling coalition.
He added UNPR has brought economic and political stability to Romania and will remain an ally for Ponta’s Social Democratic Party. (Puterea)
Opposition Collected 150,000 Signatures To Dismiss Ponta
The opposition Liberal Party has collected 150,000 signatures for the dismissal of Prime Minister Victor Ponta, party secretary general Marian Petrache said Monday.
“We plan to raise one million signatures in favor of Ponta’s dismissal,” said Petrache. (Romania Libera)
EU Finance Ministers To Assess Romania’s Progress Under IMF Agreement
EU finance ministers will assess Tuesday the progress of reforms pledged by Romania under its 2013 agreement with the International Monetary Fund and European Commission.
This is the Romanian government’s final chance to receive a European green light on the new Tax Code , which reduces several taxes as of 2016.
The European Commission will presents report on Romania’s progress under the agreement that expires this year and finance ministers will decide whether Romania has met its commitments.
Romania had pledged to restructure state companies, privatizations, energy market deregulation and reaching a series of fiscal targets. (Adevarul)
Real Estate Market Shows Signs Of Recovery
The Romanian real estate market is showing signs of recovery after a period during which it was the sector most affected by the crisis.
The average asking price for new and old apartments in Romania rose 4.7% in the first half of the year compared to the end of 2014, to EUR933/ square meter, while prices in Bucharest declined, according to real estate website imobiliare.ro.
Bucharest is the only city where apartment prices declined in the first half. From an average EUR1,066/sqm in December 2014, the index dropped 1.8%, to EUR1,047/sqm. In June, apartment prices in Bucharest declined 0.9% compared to May. (Puterea)