Dacian Ciolos Criticizes Liviu Dragnea’s Law On Removing Certain Taxes
Romanian Prime Minister Dacian Ciolos stated that the law on eliminating 102 taxes, initiated by PSD president, Liviu Dragnea, could create legislative issues within certain institutions.
Asked whether the law will be challenged at the Constitutional Court, Dacian Ciolos stated: “We are analyzing our arguments. I’m afraid we have few arguments related to unconstitutionality. It has an impact over the budget but the law will come into force next year and the budget is not approved for next year yet. The budget must be proposed by the government and approved by the Parliament”. (Puterea)
Central Bank Governor Mugur Isarescu Admonishes Bankers Again
Central bank governor Mugur Isarescu has admonished bankers publicly again during a press conference on banking issues held on Thursday.
Isarescu recommended bankers to eliminate arrogance and show “benevolence” towards customers, adding that banks should continuously invest in personnel training and focus mainly on front-desk officers who have direct contact with customers.
The central bank governor added that banks should get back their dignity and rebuild trust, otherwise the banking activity and the image of the banking system will be jeopardized. (Puterea)
84 Candidates Apply For Hidroelectrica Supervisory Board
A number of 84 candidates applied for the six positions of member in the supervisory board of Romania’s state-owned hydropower producer Hidroelectrica, one of the most profitable state-owned companies.
Energy Ministry will select the members of the supervisory board through its representatives in the general shareholders assembly.
Energy Minister, Victor Grigorescu, said that the high number of candidates is “a sign of hope” and a confirmation that, in the near future, “the bad influence of people who did nothing but pull the wires is about to be over” (Adevarul)
Drivers Over 60 To Pay Cheapest RCA Insurance Policy
Drivers aged over 60 will pay the cheapest civil liability car insurance policies (RCA), of approximately RON541 per year, while people younger than 25 will pay double for the same type of policy.
Finance Ministry put up for public debate the bill on setting up the maximum tariffs for RCA insurance policy applicable by insurance companies. According to the bill, the cheapest RCA insurance will be RON541 per year, for a driver over 60, driving a car with a cylinder capacity between 1,201 and 1,400 cubic centimeters. Drivers younger than 25 will pay RON985 per year for the same type of RCA policy.
The highest RCA price, of RON3,087 per year, will be paid by a person younger than 25, driving a car with a cylinder capacity of over 2,500 cubic centimeters. (Evenimentul Zilei)
EUROPAfest 2017 Launches First Event Jeunesses International Music Competition Dinu Lipatti
An event with a 24-year tradition, Jeunesses International Music Competition Dinu Lipatti is the most prestigious international classic music contest taking place in Romania.
Organized every year since 1994, the contest includes alternatively piano, violin, and flute instruments. The flute contest is taking place between May 13 – 20, 2017 and candidates can register by March 1, 2017. The total value of the prizes is EUR10,000. Further details, on www.jmEvents.ro and www.dinulipatti.ro. (Romania Libera)