Oprea resigned from the government and his party after appointing Virgil Ardelean as Head of the General Bureau of Information and Internal Protection in the Ministry of the Interior, without consulting the party first. Valeriu Tabara is slated for the Ministry of Agriculture and Rural Development, and Anton Cristian Irimie for the Ministry of Health. ...
As such, Croitoru has decided to keep on Gheorghe Pogea as Minister of Finance, Cătălin Predoiu as Minister of Justice, Teodor Paleologu as Minister of Culture, Mihai Stănişoară as Minister of Defence, Adriean Videanu as Minister of Economy and Trade, Vasile Blaga as Minister of Regional Development and Tourism, and Radu Berceanu as Minister of ...
He added that IMF is “closely following political developments in Romania and does not anticipate an interruption in the Stand-By Arrangement with the country or a change in policy as a result of these developments following the political evolution in Romania.
Two names were put before Romania’s President yesterday: one proposed by the Democratic Liberal Party (PDL), and the other supported by the new political majority. PDL proposed Lucian Croitoru, Advisor responsible for the monetary policy to the Governor of the National Bank of Romania (BNR), for the position of Prime Minister, in response to the ...
PNL President, Crin Antonescu, declared yesterday that he has a certain person in mind for the position of Prime Minister of a technocratic government, if the Boc II Executive falls, but refused to divulge the name, saying that it is not “normal” to announce this at present.” We have solutions, we have concrete proposals for ...
The leu plunged suddenly and the stock exchange dropped on all segments. These are the immediate effects of the exit of the Social Democratic Party from the government. Long-term effects could follow, such as less confidence in the Romanian economy, a potential rise in credit default swap (CDS), a possible delay in the eurobond issue ...
“This crisis can be unblocked only by President Traian Basescu: he either rejects the request of removal from office as unfounded, or he accepts it. Once the request of removal from office is signed, PSD ministers have made a firm decision: they will resign in 30 minutes,” Nica said. This statement comes after the President ...
But how does this actually work? On the one hand, one law stipulates a 15 percent drop in state employee revenues until December, and the second freezes these at this level. As such, revenues must drop as early as the last quarter in 2009, according to the draft law concerning the rationalization of public spending. ...
If it had not obtained this approval from the IMF, the state would have had to pay RON 1 bln. According to the first letter of intent of the IMF stand-by agreement, the target for the end of this year was RON 500 mln, half of the RON 1 bln level at the end of ...
Both the Minister of Finance, Gheorghe Pogea, and the Minister of Labor, Marian Sarbu, declared that the civil servant system will be simplified next year, and that the law will be subject to changes. “As concerns the state wage system, 2010 will be a year of reform, of simplification, of improvement of all positions, and ...