Romania Expects Scorching Heat Tuesday
Romanian weather authorities have revised and extended an orange code warning expecting temperatures of 38-40 degrees Celsius in capital city Bucharest and seven southern counties on Tuesday.
Romanian southern counties of Dolj, Olt, Teleorman, Dambovita, Giurgiu, Calarasi and Ilfov (including Bucharest) will see temperatures of 38-40 degrees Celsius Tuesday.
According to meteorologists, another 12 counties are still under yellow code advisory for excessive heat.
The heat index, which combines air temperature and relative humidity to determine the felt air temperature, will exceed the critical threshold of 80 (Romania Libera)
Romania Proposes “Child’s Pose” For 2014 Academy Awards
The film “Child’s Pose” directed by Calin Peter Netzer is Romania’s proposal for the 2014 Academy Awards in the best foreign language film section, according to a press release of the National Center for Cinematography.
The voting commission consisted of film critics Eugenia Voda, Magda Mihailescu, Cristina Corciovescu, Mihai Chirilov, Dana Duma, Irina Margareta Nistor and director Dinu Tanase.
“Child’s Pose”, a Romanian drama about a domineering mother using her social position to try to save her son from jail, won the Golden Bear for best picture at the Berlin film festival on February 16, 2013. (Jurnalul National)
Government Might Raise Funds For 2013 First Home Program By RON1B
Romania’s Government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will be available for the acquisition of homes build though national housing agency ANL, according to a bill.
The sum guarantees loans of RON2 billion. Banks will have to use up the guarantees allotted by the state before the end of the year. Unused funds will be meted out in the system starting next year.
The new guarantees will be available in lei, which means foreign currency-denominated mortgage loans guaranteed by the state are eliminated.
Since the launch of the program in 2009, the national guarantee fund granted nearly EUR3.6 million in guarantees to about 94,000 beneficiaries. (Jurnalul National)
Romania Will Lower VAT On Bread In September, Introduce Excise Duties On Luxury Products
Romania will lower the value added tax on bread to 9% from 24% on September 1 and the negative impact of the measure, estimated at about 100 million lei (EUR22.7 million), will be offset by increasing excise duties on alcohol and by introducing taxes on luxury goods.
Excise taxes will be applied on yachts, luxury cars and watches, special weapons and jewels.
The government expects to collect extra RON300 million following excise increases and the application of new taxes.
Prime Minister Victor Ponta said International Monetary Fund experts have approved lowering VAT on bread although they still doubt the measure will reduce tax evasion in the bread industry. (Evenimentul Zilei)