Liberals Propose Constitution Amendment Forcing Former Presidents To End Political Careers

The Liberal Party has proposed a Constitution amendment that would prevent a former head of state from being part of a political party or running in elections.

Liberal senator Tudor Chiuariu said Wednesday the proposition would not allow former heads of state to be members of political parties, run in elections, or occupy any other public office positions when  their presidential term is over. (Adevarul)


Senate Rejects Bill Allowing Pardoning Of Prisoners With Sentences Up To 6 Years

Romania’s Senate has rejected a bill allowing amnesty and pardoning for certain categories of convicts with prison sentences of up to six years.

The bill will move to the Chamber of Deputies for a final vote. (Romania Libera)


EU Leaders Seek Tax Compromise

Combating tax fraud and evasion “has become essential for the political and social acceptability of fiscal consolidation,” European Council President Herman Van Rompuy has argued in a letter to finance ministers.

Inviting European Union (EU) ministers to an ECOFIN Council meeting, Van Rompuy outlines two major discussion points: energy and taxation.

According to Van Rompuy, now is the time to seize on a developing political momentum geared toward change in the tax system. He wants to see the Council “provide further impetus to our European efforts to improve the efficiency of our tax policies.”

The Council’s discussions should “also serve to prepare strong and coordinated EU positions in international fora such as the G8, the G20 and the OECD as well as our relations with international partners,” the letter concludes. (Romania Libera)


Three Companies Bought Taskbook For CFR Marfa Privatization

Romanian Transport Minister Relu Fenechiu said Wednesday three companies have bought the taskbook for the privatization of state-owned freight railway carrier CFR Marfa.

The minister did not disclose the names of the three potential investors.

Companies interested in CFR Marfa have until Thursday to file papers for the prequalification phase of the auction.

The ministry has resumed privatization procedures after none of the companies which previously filed papers prequalified for the auction. (Evenimentul Zilei)


Romanian Car Park Aged Considerably Over Past Years Despite Renewal Program

Romania’s car park has aged considerably despite the government-backed cash-for-clunkers program, which encourages people to scrap their old cars and buy new ones.

According to Asisoft, a company offering IT solutions to insurers, Romania’s car park has aged from an average four and a half years in 2008 to seven years in 2012. (Puterea)


Senate Approves Decree On Severance Pay For Laid Off Stat Employees

Romania’s Senate approved Wednesday a government emergency decree regulating severance payments for laid off state employees.

The bill estimates over 10,000 employees would be laid off from state companies by 2018. (Romania Libera)


Torrential Rain Expected Throughout The Country

The weather is taking a turn for the worse throughout the country Wednesday afternoon through Friday morning.

The national weather authority issued an advisory for thunderstorms, torrential rain, and hail with precipitations exceeding 25 liters per square meter. (Jurnalul National)

Subiecte #press review