Romania May Allot RON3.7B For Healthcare Between 2016 And 2020
Romania might allot RON3.7 billion, between 2016 and 2020, for the country’s healthcare system, within a project called “Competitive Romania.”
The possibilities to attract, retain and motivate the human resource in the healthcare, ensuring transparency, continuity and sustainability of long-term measures in the sector, as well as the need for education in healthcare, both in schools and in the entire society, were some of the issues touched on during the fourth consultation session on this project.
According to a press statement issued by the Ministry of Economy, Commerce and Relations with the Business Environment, the fourth consultation session on healthcare was held at the Romanian Academy House. The session is part of a series of 16 debates scheduled to take place within the project ‘Competitive Romania.’ (Romania Libera)
Government Approves Budget Of Bucharest Airport Company
The Romanian Government on Wednesday approved the 2016 budget of the Bucharest National Airport Company (CNAB), which manages the two airports in Bucharest, Otopeni and Baneasa.
The budget envisages a net profit of RON104.8 million (nearly EUR23 million), considering that expenses are expected to rise 26% and revenues to rise by less than 8%.
The company’s budget envisages total revenues of RON842.9 million in 2016, up 7.6% against 2015, and total expenses of RON716.8 million, up 25.9% from a year ago.
In 2015, the company registered total revenues of RON783.4 million and, according to the government, the surge in expenses is due to boosting investments. A total RON314.975 million has been earmarked for investments in 2016, the government said in a press statement. (Puterea)
Lending Growth Proves NPL Portfolio Is Continuously Falling
The evolution of the lending proves the portfolio of non-performing loans (NPLs) sees a continuous decline, said financial analyst Aurelian Dochia, who explained that, in general, the market shrinks under the pressure of the debt discharge law.
According to Dochia, the general trend, on the long term, was a decline in the number of NPLs.
The law on debt discharge came into force on May 13, 2016 after the bill was signed into law by Romanian President Klaus Iohannis and published in the Official Gazette. The law on debt discharge allows retail mortgage borrowers to return real estate collateral to banks in exchange for writing off their loans. (Romania Libera)
Economy Ministry Launches National Multiannual Program For Micro-Industrialization
Romanian Economy Ministry on Wednesday launched the national multiannual program for micro-industrialization, the fourth of the ten programs implemented by the ministry this year.
The budget assigned for the program totals RON60,890 million, while the de minimis aid scheme will have over 244 beneficiaries.
The program finances the implementation of the best investment and business plans submitted online on www.aippimm.ro website. (Puterea)
PMP-UNPR Merger Validated Within Extraordinary Congress
The merger between the People’s Movement Party (PMP) and the National Union for Romania’s Progress (UNPR) was validated Wednesday, within an extraordinary congress.
The merger gave birth to the third largest political in Romania, by number of lawmakers. The new party, which will keep the name of PMP, aims to join the future Parliament and impact the negotiations for the future government after the parliamentary elections due this fall.
PMP and UNPR unanimously voted in favour of the merger through absorption. Former president Traian Basescu will run the new PMP, while Eugen Tomac and Valeriu Steriu will be executive presidents. (Romania Libera)