PSD Head Calls On Ruling Coalition MPs To Cease Pension-Related Talks
Liviu Dragnea, head of the Social Democratic Party (PSD) has called on lawmakers in the ruling coalition to stop talking about pensions, within debates regarding the unitary pay law in the public sector.Dragnea said it was clear the pension system required separate talks, adding that, until approaching the pension law, it is wise to eliminate the pension-related provisions in the unitary pay law. (Puterea.ro)
Financial Supervisory Authority Announces RCA Tariffs Romania’s Financial Supervisory Authority (ASF) on Wednesday announced the prices of mandatory car insurance policies (RCA), which are calculated based on the cylinder capacity of the vehicle and owner’s age.The reference price for an RCA policy closed for one year by natural persons ranges from RON472 for a vehicle with a cylinder capacity lower than 1,200 cubic meters and whose owners are aged over 60, to RON2,718 for a vehicle with cylinders of 2,001-2,500 and whose owners are aged under 30.
The reference price for legal entities holding a vehicle with a cylinder capacity of 1,401 to 1,600 cubic meters, reaches RON957. (Evz.ro)
Eurostat: Romania Posts Lowest Annual Inflation Rate In The EU, In April 2017
Romania posted the lowest annual inflation rate, of 0.6%, in the European Union, in April 2017, and one of the lowest monthly inflation rates, of 0.2%, according to data published on Wednesday by Eurostat, the statistical office of the European Union.
Euro area annual inflation was 1.9% in April 2017, up from 1.5% in March. In April 2016, the rate was -0.2%. European Union annual inflation was 2.0% in April 2017, up from 1.6% in March. A year earlier the rate was -0.2%.
The lowest annual rates were registered in Romania (0.6%), Ireland (0.7%) and Slovakia (0.8%). The highest annual rates were recorded in Estonia (3.6%), Lithuania (3.5%) and Latvia (3.3%). Compared with March 2017, annual inflation fell in six Member States, remained stable in three and rose in nineteen.
The largest upward impacts to euro area annual inflation came from fuels for transport (+0.39 percentage points), package holidays (+0.12 pp) and heating oil (+0.11 pp), while telecommunication (-0.11 pp), garments (-0.08 pp) and bread & cereals (-0.05 pp) had the biggest downward impacts. (Adevarul.ro)
Public Workers Enjoy Five-Day Minivacation June 1-5
People working in the public sector are likely to enjoy a five-day minivacation between the first and fifth of June.
The Government is expected to approve, within today’s meeting, a decision approving a day off for public workers on June 2.
Romanian lawmakers decided last year to declare the first of June, the Universal Children’s Day, a day off for employees in order to improve the relationship between children and parents in Romania. (Evz.ro)