Romanian Physicians College Awards “Control Your Diabetes” Campaign 

The Romanian Physicians College has awarded the national campaign “Control your diabetes” organized by the Romanian Society of Diabetes, Nutrition and Metabolic Diseases.

The campaign targeted to raise awareness among specialists, authorities and the population on the importance of the prevention, early detection and control of diabetes.

According to a countrywide study presented in central city of Sibiu at the end of May, over 1.7 million Romanians suffer from diabetes and three million others are at high risk of developing diabetes in the next ten years. (Adevarul)

Romania Brings New Amendments To Public Procurement Norms

Firms in Romania registering as bidders in public auctions, which offer the lowest price and cannot be tied even if they present new financial propositions, will be asked by authorities to state if they agree to share the contract, if the case may be.

Also, a public institution will no longer be obliged to justify its choice to award a contract via open or restrained auction. It will only have to draw up a single substantiation note regarding the estimated value of the contract and its choice of contract awarding procedures, qualification requirements, assessment factors, as well as their weight. (Curierul National)

Romania Private Lending Further Down In May

Romanian private lending went down 0.6% on the month in real terms to 216.9 billion lei (EUR49.4 billion) in May, due to fewer loans in foreign currency, central bank data showed Thursday.

Private loans in Romanian lei rose 1.2% on the month, but foreign currency loans were down 1.9% when expressed in lei and 0.7% when expressed in euros.

Compared with May 2013, non-government lending fell 3% in real terms. Loans in Romanian lei rose 6% on the year in May, but forex loans went down 7.7% when expressed in lei and 8.1% when expressed in euros. (Gandul)

Government Passes Emergency Decree Amending Tax Code

The Romanian Government adopted in its Thursday meeting an emergency ordinance amending and completing the Tax Code.

The amendments regulate loan deductions for private individuals with low income.

The final form of the loan restructuring scheme will apply for individuals with gross income of up to RON2,200 per month. Deductions from the monthly taxable income were kept at RON900 and the loan restructuring scheme will be allowed until the end of 2015. (Puterea)

Romania To Hold First And Second Rounds Of Presidential Elections On November 2 And 16

Romanian Prime Minister Victor Ponta said the government adopted a decision setting November 2 and 16 as the date for the first and second round of the presidential elections.

The government also passed an emergency decree amending the law regulating presidential elections. (Evenimentul Zilei)

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