Corina Suteu Sworn In As Culture Minister

Corina Suteu was sworn in as Romania’s new Culture minister Wednesday, at the Presidential Palace.

Suteu has been state secretary with the Culture Ministry so far. She had previously ran the Romanian Cultural Institute in New York.(Puterea)

Basescu Blasts Carmen Iohannis’ Presence In Afghanistan

Romania’s former president Traian Basescu criticized the presence of Klaus Iohannis’ wife, Carmen Iohannis, in Afghanistan.

Basescu said Klaus Iohannis’ visit in Afghanistan, along with his wife, was a blunder, arguing she had no right to attend meetings touching on military secrets. (Evenimentul Zilei)

FGA Paid RON1.2M To Insurance Creditors Of Astra Asigurari

The guarantee fund of the insured (FGA) paid, on May 3, a total RON1.256 million for 248 damage claim files, to insurance creditors of Astra Asigurari.

Payments will continue in the upcoming period for all damage claim files approved by the fund’s special committee.

A total 4,195 damage claim files were approved by the special committee until April 25, of which 24 were rejected. The amount approved for payment for the other 4,171 files exceeds RON16.117 million.

End-April 2016, the Bucharest Court of Appeals ruled irrevocably on the bankruptcy of insurance company Astra Asigurari, eight months after the Financial Supervisory Authority (ASF) asked for the insurer’s bankruptcy. (Puterea)

Romania Adjusted Retail Sales Up 0.5% on Month in March

Romanian adjusted retail sales, excluding vehicle sales, grew 0.5% in March compared with February and were 11.9% higher in unadjusted data, the country’s statistics institute said Wednesday.

Sales of food, beverages and tobacco grew 1.1% on the month in March, while sales of non-food items declined 1.7%, and fuel sales declined 0.7%.

Compared with March 2015, adjusted retail sales were 18.5% higher in March 2016, as food, beverages and tobacco sales grew 26%, non-food sales grew 15.5%, and fuel sales grew 12.7%.

In the first quarter, Romanian adjusted retail sales grew 16.9% compared with the first quarter of 2015, the data showed. Sales of food, beverages and tobacco grew 26.2%, non-food sales grew 14.3%, and fuel sales grew 9.3%. (Adevarul)

Romania Builds A New Airport

The mayoralty of central city of Brasov will team up with the county council for the financing of construction works needed to be completed at the future Brasov – Ghimbav international airport.

Talks with the European Bank for Reconstruction and Development (EBRD) set off and the Brasov city hall is likely to contract a loan to this end.

The interim president of Brasov County Council, Mariana Caju, said the finalization of the investment entails over EUR30 million. The vice-president of Brasov County Council, Adrian Gabor, said he is hoping the future Brasov – Ghimbav international airport will become operational in maximum three years. (Adevarul)

Subiecte #press review