Weather Forecast: Precipitation, Snowfall And Strong Wind Across Romania
Romanian weather authorities on Thursday announced precipitation, snowfall and strong wind across Romania, until Friday at 11:00 a.m.
There will be snowfalls in the mountains, sleet and snowfall in Subcarpathian areas and rainfalls in the rest of the regions.
They also said the weather will stay cold for this time of year until Sunday, March 27, and minimum temperatures will be negative in the northern half and in some areas across the country. (Puterea)
Romanian College Of Physicians Investigated 1,779 Doctors In Last Ten Years
A total 1,779 doctors have been investigated in the last ten years by the Superior Commission of Discipline within the Romanian College of Physicians and 331 of them, or 18.6%, were punished.
The Discipline Commission issued 1,365 decisions regarding doctors targeted by complaints over the last ten years.
Most complaints analysed in 2015 targeted the following specialities: surgery (36), obstetrics-gynecology (34), orthopaedics-traumatology (21), cardiology/internal medicine (20) and Anaesthesia and Intensive Care ATI (20). (Adevarul)
Meal Vouchers For Employees In Romania May Be Raised To RON13
Meal vouchers granted to employees, which currently stands at RON9.41 (EUR2.10), may be increased to RON13 (EUR2.91), according to a bill submitted at the Senate by lawmakers from all political parties.
As per the bill, „the nominal value of a meal voucher cannot exceed RON13 when enforcing the provisions of the law.“
The sponsors of the bill argue the current value of a meal voucher, of RON9.41, (before taxes) is not enough to buy a meal, considering that the average value of a meal is RON13.
Lawmakers also say the value of a meal voucher in Romania is among the lowest in Europe, namely EUR2.13, compared to EUR4.40 in Austria, EUR7 in Belgium, EUR10.58 in France, EUR6 in Greece and EUR4.20 in Slovakia. (Adevarul)
Romanian Real Estate Market On Upward Trend Again
Romania’s economic growth, which is expected to be the highest in Central and Eastern Europe (CEE), has revived investments in the real estate sector.
The Romanian real estate market is facing an upward trend again and the high demand reflects in prices and the multitude of projects announced on all sectors, both residential and non-residential.
An indicator reflecting the rising attractiveness of the sector is that foreign direct investments (FDI) in the constructions and real estate sectors, which had contributed to the country’s GDP growth before 2009 (the year of the economic recession), soared 138% in 2014 (from EUR271 million in 2013 to EUR646 million in 2014), according to data included in the Country Report of the European Commission.
Romania could see the highest economic growth in Central and Eastern Europe (CEE) due to fiscal relaxation measures and prospects of monetary policy tightening, Erste Group analysts said in their macro outlook report. (Evenimentul Zilei)
Law On Debt Discharge Under Debate At The Chamber Of Deputies
The proposed law on debt discharge went under debate at the committee for legal matters of the Chamber of Deputies, on Thursday, March 24.
Social democrats want to exclude the government-backed mortgage lending First Home program from this law and to increase the ceiling regarding the value of loan from EUR150,000 to EUR250,000.
The proposed law on debt discharge, allowing retail mortgage borrowers to return real estate collateral to banks in exchange for writing off their loans, could disrupt the Romanian banking sector’s improving performance, according to Fitch Ratings.
Moreover, the First Home program, the main driver of retail lending since the crisis, would likely be terminated, so that the impact could potentially be substantial as about 20% of total retail loans have been made under the program since it was launched in 2009, according to Fitch. (Adevarul)