Erste Sees Romania’s Gross Funding Needs Down To RON50B in 2015
Romania’s gross financing needs will fall towards 50 billion lei (EUR11.3 billion) next year, and almost a quarter of the total could be drawn from international markets, according to Erste Group’s estimations.
“True to its strategy, (the Ministry of Finance) has managed to lengthen maturities, which is why gross funding needs for 2015 have dropped to around RON50 billion; around 22-23% thereof could be tapped from abroad, while the balance will be sourced domestically,” says a Erste Group Research report published Thursday.
At the end of September, the local authorities had covered around 82% of their total funding needs for this year, estimated at RON55 billion, largely thanks to three bond issues on the international markets at the beginning of the year. (Romania Libera)
PM: Excise Duties Definitely Lower In 2015
Prime Minister Victor Ponta stated that excise duties for 2015 will definitely be lower, adding that their calculation formula will be decided by the Finance Ministry, which is currently working on the project with international partners.
Finance minister Ioana Petrescu stated that the calculation formula is still under analysis, without mentioning whether excise duties will be calculated based on the lower exchange rate announced by the European Central Bank.
Central European Bank announced an exchange rate of RON4.4093 per Euro for October 1, 2014, down 0.88% from RON4.4485 per Euro last year. (Curierul National)
Fundeni Clinical Institute Reopens Blood Transfusion Center
Fundeni clinical institute Thursday reopened its blood transfusion center after seven years, due to the blood crisis faced by the Bucharest hospitals in August, when several surgical procedures were postponed.
According to health minister Nicolae Banicioiu, the reopening of the transfusion center was a necessary step, as Fundeni clinical institute is one of the big blood consumer hospitals. Surgeons in the institute, which was set up 55 years ago, perform kidney and liver transplant, as well as marrow transplants.
„55 de ani de ani de activitate pentru Institutul Clinic Fundeni: Centrul de transfuzii, redeschis dupa sapte ani” (Adevarul)
Presidential Elections To Take Place In 18,550 Polling Stations In Romania And 294 Abroad
Presidential elections will take place in 18,550 polling stations in Romania and 294 abroad, thus authorities will prepare 20,745,068 ballots and 94,220 rubber stamps, deputy PM Gabriel Oprea stated.
Oprea also told prefects to carry out lists with jurists and other reputable persons in order to select the presidents of the electoral commissions, adding that by October 22, prefects and mayors are in charge with the proper organization of the polling stations. (Curierul National)
Victor Ponta And Klaus Iohannis, Main Candidates For President
The main candidates for presidential elections are the candidate of the Social Democratic Party (PSD), Victor Ponta, and the candidate of the Christian-Liberal Alliance (ACL), Klaus Iohannis.
„Weekend Adevarul“ newspaper contacted several political analysts to analyze the speeches of the candidates for President, which is generally meant to convince the electorate, and their campaign launch and actions. (Adevarul)