Government Adopts Emergency Ordinance On Second Budget Revision For 2014
The Romanian government adopted Tuesday the emergency ordinance regarding the second budget revision for 2014, according to which local authorities will get the highest amount, RON1.1 billion, followed by Labor Ministry, with RON1.2 billion.
According to Prime Minister Victor Ponta, the Ministry of Education will get RON190 million, Health Ministry – RON160 million, Defense Ministry – RON140 million, Interior Ministry – RON300 million, Foreign Affairs Ministry – RON96 million, Development Ministry – RON400 million, Justice Ministry, Public Ministry and the Supreme Court – a total of RON125 million. (Puterea)
Turkey Is Romania’s Main Economic Partner Outside EU
Turkey is the main economic partner of Romania outside the European Union, while the investments of Turkish companies in the last 20 years exceeded EUR5 billion.
Tuesday, the biggest Turkish investors in Romania met local businessmen at Romania-Turkey Economic Forum.
Considering the continuous growth of the number of investments starting with 2000, businessmen attending the forum estimate the Turkish companies will invest another $600 million in Romanian companies in the next two years. (Curierul National)
Natural Gas Price Down 3.5% For Small Companies As Of October 1
Natural gas price will be decreased by 3.5% for small companies as of October 1, according to Niculae Havrilet, head of the country’s energy regulator ANRE.
According to Havrilet, natural gas price for household consumers should have also been decreased by 1%-2% on October 1, but the price cut was not operable due to the increase of storage tariffs. (Adevarul)
Almost Half Of People Over Pensionable Age Worldwide Lack Pensions
Nearly half (48%) of all people over pensionable age in the world do not receive a pension, and for many of the 52% who do coverage is not adequate, according to a report by the International Labor Organization (ILO), cited by Agerpres.
The report analyzed the pension systems in 178 countries, and found that more than 45 countries have reached 90% pension coverage and more than 20 developing countries have achieved or nearly achieved universal pension coverage. (Puterea)
Antibiotic Use Before Age 2 May Raise Obesity Risk
Children who receive a lot of antibiotics before age 2 are slightly more likely than others to become obese, according to an U.S. study cited by Mediafax.
Dr. L. Charles Bailey, co-author of the study, stated that there is a link between antibiotics and obesity, but the research doesn’t definitively prove that antibiotics are “at fault”.
According to the study, the exposure to antibiotics has the potential to kill off some of the beneficial bacteria that may protect people from chronic diseases. (Romania Libera)