Romania Expects Scorching Heat This Weekend
Weather authorities said Romania will be facing, this weekend, temperatures above the normal average for this period, in almost all regions, despite the cold and rainy days at the beginning of this week.
On June 13 and 14, temperatures during the day will be lower than the multiannual average temperatures specific for this period, with maximum temperatures reaching up to 23 degrees Celsius. The weather will be getting warmer until June 18 and temperatures are expected to go up to 35 degrees Celsius.
Starting next week, the weather will remain hot in most regions although maximum temperatures will fall slightly and gradually, with temperatures reaching 25 degrees.
Minimum temperatures will not see major variations until June 16 and their average, in most regions, will reach 14 – 15 degrees. (Adevarul)
Nearly 60,000 Natural Persons To Declare Their Personal Bankruptcy Annually, In Bucharest Alone
The Bucharest Court said judges will have to solve 1.8 million cases of personal bankruptcy annually, in capital Bucharest alone, which will entail an increase in workforce.
The personal bankruptcy law regulates three methods whereby the insolvency of natural persons can be solved, namely, based on a debt reimbursement plan, on asset liquidation or on simplified procedures. Currently, the insolvency is only possible for companies.
End-March 2016, the Senate rejected with 63 cons and 20 pros a Government Emergency Ordinance putting off the enforcement of the personal bankruptcy law. Early April 2016, the Chamber of Deputies’ committee for legal matters rejected government’s proposition to put off the enforcement of the personal bankruptcy law until January 1, 2017. The Chamber of Deputies, which is decider on the matter, is expected to cast the final vote.
The law regulating the personal bankruptcy procedure for natural persons sets that people unable to pay their debts, through no fault of their own, can reschedule their debts based on a financial recovery plan, over a five-year period. (Adevarul)
Romanians Could Soon Pay Lower Electricity And Natural Gas Bills
Romanians are likely to pay lower power and natural gas bills soon due both to a cut in prices on the free market and to cheaper Russian imports.
Both prices on the free market and import prices have started to fall and utility bills are expected to follow the trend.
Electricity prices for Romanian households may fall by 1-2% as of July 1, along with reducing tariffs on the free market and transport costs, said Niculae Havrileț, head of Romania’s energy regulator ANRE.
Import natural gas will be 20% cheaper than domestic stocks this winter, Havrilet said Monday at the 2016 Regional Energy Forum (FOREN). (Evenimentul Zilei)
Construction Of Gas Pipeline Connecting Bulgaria, Romania, Hungary And Austria Starts In 2017
The construction of a gas pipeline connecting Bulgaria, Romania, Hungary and Austria (BRUA) is expected to start towards the end of 2017.
BRUA will be linking natural gas networks in Bulgaria, Romania, Hungary and Austria. The construction of the natural gas pipeline might be completed in two years, towards the end of 2019, if everything goes as planned.
Romanian natural gas transmission company Transgaz will contribute by approximately EUR270 million to the construction of the project estimated at a total EUR450 million, while the rest will come from the European Commission.
The project targets the development of approximately 500 km of the national gas transport system in south-eastern and western Romania, to increase the security of natural gas deliveries in Romania and in the region. (Puterea)
Former PM Ponta To Run For President Of Chamber Of Deputies
Former prime minister Victor Ponta will be submitting his candidacy today for the position of president of the Chamber of Deputies.
Ponta said he was hoping social democrat head Liviu Dragnea would support him. (Evenimentul Zilei)