Liberal Party To Announce Presidential Candidate
Klaus Iohannis is preparing to officially join the presidential race against Victor Ponta and liberals will announce their candidate Monday.
Liberals met Sunday evening and discussed poll results, which show Iohannis, the party’s current president, has bigger chances at winning the vote than former party president Crin Antonescu.
Antonescu refused to attend the meeting Sunday saying there was no reason for him to analyze poll results. (Gandul)
President Basescu Moves Personal Document Archive To PMP Headquarters
President Traian Basescu announced he moved his personal document archive Friday from the headquarters of the Democratic Liberal Party to that of the Popular Movement Party.
Basescu also said he wishes the party receives him “at headquarters” when his presidential term is over. (Puterea)
European Commission Applied EUR285M Corrections To Romania In 2013
The European Commission has applied financial corrections to Romania in 2013 due to irregularities found in the absorption of EU funds.
Romania was applied financial corrections of EUR285 million in 2013, higher than in 2012.
The biggest corrections, nearly EUR220 million, were for allocations from the European Social Fund, which finances human resources and administrative programs. (Romania Libera)
Basescu Says He Won’t Pass The Lower Social Security Law At This Time
President Traian Basescu said Saturday he will not promulgate the bill lowering social security contributions by 5% until he is convinced the measures is sustainable and will not be compensated with new taxes.
“Until I am convinced the measure is sustainable, I will not promulgate the law. I agree with lowering social security contributions but we need to know under what conditions it is achieved. The business community and the IMF share the same view,” said Basescu. (Adevarul)
Romania Raises RON45M In Non-Competitive Bond Sale
Romania’s Finance Ministry on Friday raised a planned 45 million lei (EUR10.13 million) at a supplementary non-competitive tender for its October 2015-dated bond reopened Thursday.
Bidders offered RON65 million, central bank data showed. The average yield was 2.29%, unchanged from Thursday, when the ministry sold RON300 million in a reopening of the three-year bond.
The ministry plans to sell state treasuries worth RON4.1 billion in July, up from RON3.95 billion raised a month earlier. The institution has to repay debt worth RON6.8 billion this month. (Curierul National)
Children Of Romanian Workers In EU Benefit From Allowances Of Up To EUR200
A few thousand children living in Romania who have at least one parent who left the country benefit from an allowance of up to EUR200 from other EU states.
The government in Bucharest has repeatedly refused to raise the child allowance from RON45 to RON200, citing financial problems. Children benefit from allowances from other EU states as long as one of the parents works in the respective state and pays taxes there. (Puterea)