Antonescu Says Romania’s Agreement With IMF Is A Handicap
Liberal Party president Crin Antonescu said Romania’s being under agreement with the International Monetary Fund is not a good thing.
He said the situation was “unfortunate, temporary, and a handicap”, as the country cannot really have economic policies.
“It’s not a good thing that we’re under agreement with the IMF. To Romania that is a handicap. (…) Our plan is to come out of this situation as soon as possible,” said Antonescu during a party debate on economic issues. (Jurnalul National)
NW Region Democrat Liberals Vote For Predoiu To Run For President
Democrat liberals in the six counties making up the north-west region voted Saturday to designate Catalin Predoiu as the party’s presidential candidate.
Predoiu got 77.31% of the votes while Gheorghe Falca got 22.68%. (Puterea)
Romania To Export Over Half A Million Cows To China
Romania has signed a protocol with Chinese authorities and will export over 500,000 Romanian bred cows to China in the next 7-10 years, Agriculture Minister Daniel Constantin said Saturday during an international farming fair.
He said cow exports are expected to reign in over half a million euros for Romanian farmers.
“It’s an extraordinary opportunity for Romanian farmers. Demand from China is high and in the 7-10 year period the protocol covers we need to exports over 500,000 cows. We’ll be sending one-year old animals, developing females, whose export price is of around EUR1,000,” said Zoltan Haller, vice-president of a cow breeders association. (Jurnalul National)
Romania Gets RON1.7B From Selling 15% In Romgaz
Romania sold a 15% stake in natural gas producer Romgaz for 1.7 billion lei (EUR382.8 million, $534 million) in the largest Romanian public offering ever to be completed and the first privatization to include a global depository receipt (GDR) component to be traded on the London Stock Exchange.
The offer price was set in the upper part of the IPO price range at RON30 per share, equating to a US dollar pricing of US$9.25 per GDR, with each GDR representing an interest in one share.
(Curierul National)
Simona Halep Wins Sofia Tournament, Climbs To 11 WTA
Romanian tennis player Simona Halep claimed the sixth title of her career by rallying to defeat Samantha Stosur of Australia 2-6, 6-2, 6-2 in the final of the season-ending Tournament of Champions on Sunday.
Halep, who went unbeaten through the group stage, played with a muscle strain in her left leg but still managed to win the last five games of the third set to close out the victory. Halep won 20 of the last 26 points, finishing it off with a forehand winner down the line.
By winning six trophies this year, Halep is second only to Serena Williams, who won 11. The Romanian is expected to rise to No. 11 when the WTA rankings are updated on Monday. (Adevarul)