Constitutional Court Rules On Equal Retirement Age

Women must have the right to continue their activity until they reach the standard retirement age for men, otherwise, it is about discrimination on sex criteria, according to a ruling by the Romanian Constitutional Court.   At the age of 63, a woman must have the right to opt for continuing her work activity until the age at which the law provides the rightful cessation of the individual labor contract for men too, namely, the age of 65.

The ruling is definitive and generally mandatory and it will be sent to the Parliament, the government and the court which notified the Constitutional Court. (cotidianul.ro)

  Thousands Of People To Be Brought To Bucharest For Ruling Party Rally   Over 30,000 people will be brought to Romanian capital Bucharest to attend a rally that the ruling Social Democratic Party (PSD) will organize on June 9 against alleged abuses that would have affected democracy and the rule of law in the country.

Most people will come from Olt county, southwestern Romania, namely 10,000 protesters and Iasi county, northeastern Romania, namely 6,000 demonstrators. Another 3,000 people from Suceava county, 2,500 people from Alba county and Bistrita-Nasaud county as well as 2,000 people from Gorj county and Timis county will travel to Bucharest by either personal vehicles or buses provided by local party branches.

Social democrat leader Liviu Dragnea said Monday that democracy and the rule of law in Romania have been negatively influenced in the past years by an “underground power” and added that the country is seeing “toxic propaganda” that puts various institutions “under terror”.

Dragnea argued that the “underground power” in Romania influenced important decisions, allowed “unconstitutional breaches” and led to the bankruptcy of Romanian companies, leaving “thousands of broken destinies”. (jurnalul.ro)

Competition Council To Analyse How Romanian Economic Operators Are Treated In Europe

Romania’s Competition Council will perform an analysis into the way Romanian economic operators are treated in Europe and then debates will be held on the issue with the European Commissioner for Competition, Finance Minister Eugen Teodorovici said Tuesday.

To this end, a new department will be set and will perform such an analysis for each EU member state and each sector of activity in order to see the way in which Romanian economic operators are treated in the respective countries, the minister also said.

The newly established department within the Competition Council will have to submit a report twice a year to the government and Parliament. (jurnalul.ro)

Leu Gains Ground Vs Euro, Exchange Rate At 4.6531

The Romanian leu gained ground against the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.6531, up 0.08% compared with the previous day when it touched 4.6566 against the euro.  

Early May 2018, Romania’s central bank raised its benchmark interest rate by 25 basis points to 2.5% a year from 2.25%. (romanialibera.ro)

Subiecte #press review