ALDE Withdraws Its Political Support For PM Grindeanu

The Alliance of Liberals and Democrats (ALDE) on Wednesday decided to withdraw its political support for Prime Minister Sorin Grindeanu, according to sources within the party.

The same sources said that if Grindeanu refuses to resign, ALDE ministers are willing to step down. (puterea.ro)

Ponta Asks Members Of PSD’s Executive Committee To Not Publicly Execute PM Grindeanu   Romania’s former prime minister, social democrat lawmaker Victor Ponta, sent an open letter to the Executive Committee of the Social Democratic Party (PSD), calling on its members „to not publicly execute” Prime Minister Sorin Grindeanu, less than six months from elections.   PSD head Liviu Dragnea and Grindeanu met again, Tuesday afternoon, at PSD’s headquarters in Baneasa, for talks which took more than two hours. Grindeanu refused again to step down as head of the government, according to political sources.   Dragnea threatened to withdraw Grindeanu’s political support, being displeased with delays in implementing some measures in the governing program, according to official sources. (romanialibera.ro)   Romania Could Produce Bell AH1 Viper Helicopter  

The AH1 Viper attack helicopter could be produced in Romania in four to five years, said Richard Harris, Vice President, International Military Sales at Bell Helicopter.

He also said during a press conference that he was in Romania, in March, as part of the economic talks between Romania and the U.S., to see the opportunities in the industry and that this week he would visit all aerospace companies to assess industry opportunities.

Harris added the company is looking for a sound international partner to have international production. “I believe this partner is Romania, in four to five years,” he said. Other countries are considered as well, he said, stressing that Romania has the highest potential in Europe. The Bell Helicopter representative said the employees need to be trained in the U.S. (puterea.ro)

Daianu, BNR: Romania Could Join Euro In Eight Years

Romania could be in a position to join the euro within eight years, central bank policymaker Daniel Daianu board member said on Wednesday, though it would have to see improvements in the set-up and running of the euro area bloc.

“In conjunction with an improvement of the functioning of the euro area, we think we could join the euro in the first part of the next decade,” Daianu said at an event hosted by the European Bank for Reconstruction and Development.

“We want to join, we believe in the European project…,” he said. Daianu added that if Romania continued to grow and maintained a growth rate differential of 3-3.5%, it could achieve 75% of the euro area average income per capita. 

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