PSD Could Submit No-Confidence Motion On Justice
PSD president, Liviu Dragnea, said the party is considering submitting a no-confidence motion on justice following the recent scandal involving Justice Minister Raluca Pruna.
Dragnea stated that such an incident, in which a government member admits on lying to the members of the European Court of Human Rights (ECHR) is a serious issue.
“You were talking about Pruna case. We are seriously considering a no-confidence motion on justice, although PM Ciolos would not take it into account, like he did with the motion on agriculture. I think it is very serious that a member of the Romanian government is declaring in public that she lied to ECHR judges,” Dragnea told Antena 3 TV station. (Romania Libera)
Former President Traian Basescu Most Likely To Run For Parliamentary Election
Former President of Romania, Traian Basescu, stated that he will most likely run for parliamentary election this year, but he is waiting for the results of a sociological study before making a public announcement.
”I will most likely run for elections, but I’ll wait for the finalization of the sociological study before announcing my candidacy, so that we’ll see if I’m useful to the party or not. The party says I am useful but I want to be scientifically sure. On the other hand, the experience I have gathered so far can be useful to Romania,” Traian Basescu told B1 TV station. (Adevarul)
First Home Program Lenders Gets Additional Funds As Of Monday
The Romanian Finance Ministry will assign the funds for the government-guaranteed mortgage lending First Home program as of Monday, after the government supplemented the guarantee ceiling by RON500 million.
The lenders which received additional funds are: Banca Romaneasca, Banca Transilvania, Bancpost, Bank Leumi, BCR, BRD, CEC Bank, Credit Agricole, Garanti Bank, ING Bank, Marfin Bank, OTP Bank, Piraeus Bank, Raiffeisen Bank și UniCredit. The list no longer includes Alpha Bank and Intesa Sanpaolo Bank, which had participated in the program before. (Evenimentul Zilei)
Energy Minister: Hidroelectrica Could Be Listed In Maximum Six Months
Romanian Energy Minister, Victor Grigorescu told a TV station on Sunday that Romania’s state-owned hydropower producer Hidroelectrica could be listed on the stock exchange in maximum six months.
Grigorescu added that this could be one of the most profitable listings of the Romanian state ever.
“It is hard to set a deadline for the listing, because we have to also analyze the market conditions, besides the technical elements. I believe the company will be listed in maximum six months but I don’t want to speculate upon it because we have to choose the best moment on the market,” energy minister stated.
Victor Grigorescu added that they have to clear up a series of technical aspects before the listing process begins. (Puterea)
Romania’s Grain Exports Down 9% To EUR846M In January-June
Romania exported grains worth EUR846 million in the first six months of the year, down by nearly 9% from EUR929 million in the year-earlier period, according to the country’s statistics board INS.
The quantity of exported grain also fell 6.5% to 4.3 million tons in the first six months of 2016. The value of Romania’s grain exports to the top three external markets fell to EUR251 million in January-June 2016, from EUR287 million in the first six months of 2015, while the volume of grain exported to the three external markets also fell to 1.5 million tons from 1.66 million tons in January-June 2015, according to official data. (Adevarul)