PSD Proposes Rovana Plumb For Interim Party President
Senior members of the ruling Social Democratic Party decided unanimously to propose Rovana Plumb for interim party president, after Victor Ponta stepped down from this position.
Plumb will be interim party president until a congress is held to elect a new leader. Plumb’s nomination is pending validation by the party’s executive committee, which meets next Wednesday. (Adevarul)
Iohannis Rejects Mihai-Viorel Fifor For Transport Minister
President Klaus Iohannis on Wednesday rejected Prime Minister Victor Ponta’s proposition to appoint Mihai-Viorel Fifor to the position of transport minister.
Iohannis said Fifor lacks the proper expertise and management skills to take on the Transport Ministry and required Ponta to nominate someone else for the job. (Puterea)
President Iohannis Criticizes New Tax Code
President Klaus Iohannis criticized the new Tax Code, drafted by the Ponta Cabinet, suggesting he may choose not to sign it into law.
Iohannis criticized the bill saying tax cuts alone do not guarantee economic growth and Romania cannot afford to experiment at this time. He added monetary and fiscal policy do not make up for real reform. (Romania Libera)
Egypt Buys 120,000 Tons Romanian Wheat For $25M
Egyptian authorities bought Tuesday 120,000 tons of Romanian wheat for nearly $25.3 million, according to the data posted on the website of the General Authority for Supply Commodities (GASC) in Egypt.
The wheat will be delivered between August 21 and 31.
GASC bought 60,000 tons of Romanian wheat from ADM, for $210.4 a ton, and another 60,000 tons from Ameropa, for $210.9/ton. Egypt also bought 60,000 tons of Russian wheat from ADM and 55,000 tons from Glencore.
This season, GASC bought approximately 1.2 million tons of Romanian wheat. (Adevarul)
Romanian Leasing Market Seen Growing 10% This Year
The Romanian leasing market is estimated to grow 10% this year, from EUR1.32 billion in 2014.
The growth is expected due to extensive financing of projects in agriculture, backed by EU funding, and due to higher client numbers following the introduction of incentives in the new Tax Code, said Adriana Ahciarliu, secretary general of ALB Romania. (Puterea)
Parents Get One Day Off To Care For Sick Child
Parents will be able to take a day off to care for a sick child, after parliament adopted a decision put forth by the Health Ministry.
Parents or legal guardians of minors will be able to take a day off, which they must request 15 days ahead of taking said minor to the doctor.(Adevarul)