Weather Report: Colder Than Normal From Nov 20 To Dec 11
The weather will be colder than normal for this period of the year, between November 28 and December 11.
In the Banat region, in the first week of the forecast interval, the weather will be colder than normal for this time of the year. On average, maximum temperatures will range from 2 to 6 degrees Celsius, and minimum temperatures will range from minus 4 and 2 degrees Celsius. In the Crisana region, the weather will be colder than normal for the end of November and the first decade of December. On average, during the first week, maximum temperatures will range from 2 to 4 degrees Celsius and minimum temperatures will range from minus 6 and 1 degree Celsius.
In the region of Transylvania, on average, maximum temperatures will range from minus 1 and two degrees Celsius, and minimum temperatures will range from minus 8 and zero degrees. In Maramures, the weather will be colder than normal for this time of the year. O average, in the first week, maximum temperatures will range from zero to 2 degrees Celsius and minimum temperatures will range from minus 7 and zero degrees.
During the second week, the weather will get warmer, with average temperatures of 5 to 7 degrees Celsius, during the day, and of minus 2 and minus 1 degrees Celsius during the night. (Adevarul)
Rottco Taps Romanian Market
Rottco, which has launched this year the project of a filling station network with independent fuel distributors in Romania, is actually starting the project this week, along with installing the first 30 fuel distribution pumps and interconnection and payment equipment, company officials said.
In May this year, sources in the oil sector said Paul Pop, former director within Rompetrol and currently, owner of oil product distribution company Rottco, plans to create a fuel distribution network, starting with the gas stations held by independent fuel distributors who are losing ground to large companies in Romania.
The project is on the verge of being implemented. (Adevarul)
First Home Program To Have Five-Year Strategy
The government will adopt a strategy on the functioning of the government-backed mortgage lending First Home program for the next five years, according to Finance Minister Anca Dragu.
Dragu said the strategy on the medium term is necessary in order to “offer sustainability and predictability in business,” adding such a decision will help both people willing to buy a home and those willing to build or sell.
The Finance Ministry recently said it proposed raising the guarantee budget for the First Home program by an additional RON250 million, following requests from the banks registered in the program.
According to the ministry, a total 27,329 guarantees, in the amount of RON2.6 billion, were granted between January and September 2016. Within the program, the non-performing loan (NPL) ratio reaches 0.3%, of the total guarantees granted. The overall guarantee ceiling for 2016 reaches RON2,690.3 million. (Evenimentul Zilei)
Finance Ministry Speaks About 2017 State Budget
Romania’s Finance Ministry is working on a draft of the 2017 state budget law, but it will not be presented in the current Parliament.
According to Finance Minister Anca Dragu, the 2017 state budget will be approved by Romania’s future Government which will have to send it to Parliament for adoption.
Dragu said the draft of the 2017 state budget law, in its current form, also stipulates wage hikes for public sector employees, but declined to provide more details on the matter. (Puterea)
Former Liberal Leader Crin Antonescu Speaks About Liberal Party
Former liberal leader Crin Antonescu made a series of statements regarding the National Liberal Party (PNL) after PNL head Alina Gorghiu said the Social Liberal Union (USL) was a mistake.
Antonescu reminded Gorghiu that during the period of alliance between PNL and the Social Democratic Party (PSD), which triggered the USL, PNL obtained the biggest number of local dignitaries ever. (Evenimentul Zilei)