ECB Cuts Key Rate To Record Low Of 0.5%
The European Central Bank (ECB) Tuesday reduced the key interest rate from 0.75% to a record low of 0.5%.
The ECB also cut the marginal lending rate by 0.5 percentage points to 1% from 1.5% and kept the deposit rate at zero. (Gandul)
Romanian President Talks To CNN Journalist About Constanta Port
CNN has posted on its website the first shots of its reportage on the Constanta port, with President Traian Basescu guiding journalist Becky Anderson through the port.
“The honor of being the captain of a 306-meter vessel offered me resources to stay strong,” Basescu said.
He described the port as “the terminus of a blue highway which starts in Rotterdam and ends in Constanta.”
Slander May Become Criminal Offence
The Romanian Constitutional Court issued a decision through which slander and insult may be considered criminal offences and may be punished accordingly.
In 2006, the Parliament eliminated from the Criminal Code the article which punished insult and slander.
The Constitutional Court ruled the decision unconstitutional a year later, but the Parliament has failed to comply with the Court’s decision. (Gandul)