Loading ...Romania's national dailies of Wednesday give coverage to the Government cutting pay to chief officers of public agencies; President Traian Basescu having postponed a session of the Supreme Council for National Defence (CSAT); Parliament approving chairman of the Senate Nicolae Vacaroiu for chairman of the Court of Auditors; the Bucharest Stock Exchange bouncing back, celebrations on St. Parascheva Day.
Business Standard remarks that the Government has cut the wages of chief officers of public agencies, reporting that on Tuesday Prime Minister Calin Popescu-Tariceanu announced the wages of all chairmen of public bodies have to be cut down to the level of a state secretary's pay. At the same time, dignitaries will be forbidden from sitting on more than one administration board.
Tariceanu warned that there are instances in which public wages are bigger than wages paid by private employers, without the public sector providing performance. Tariceanu's statement came amidst public outcry at huge pay to some heads of public agencies and organisations.
The paper reports that Tariceanu on Tuesday suspended a Cabinet meeting initially scheduled for early in the day, because Finance Minister Varujan Vosganian and Labour Minister Mariana Campeanu failed to come up with notes about the remuneration of chief officers of agencies operating under the government's authority and the pay scales of the employees in the same agencies.
The papers inform that on Tuesday President Traian Basescu cancelled a meeting of the Supreme Council for National Defence (CSAT) because the information about the budgets of the Defence Ministry (MAp) and the Ministry of the Interior and Administrative Reform (MIRA) and the organisations under their authority were made available on Tuesday only, although it should have been made available in advance to the CSAT members by the Government.
At a press conference later in the day, Basescu threatened to call the MIRA on some of its public procurement contracts. Basescu alleged that MIRA has signed 29 contracts for the acquisition of 392 Logan automobiles for 11,700 euros each, for which equipment worth 45,000 euros, three times more expensive than the automobiles, have been contracted.
Basescu is quoted as arguing that on the agenda of Tuesday's CSAT meeting was also Romania's accession to the Schengen Area and the allocation of funds for the first stage of the accession programme. Basescu explained that nearly 240 million euros has been spent on the programme but there is no progress with the programme.
The papers report that Prime Minister Tariceanu was quick to respond, accusing Basescu of behaving like a political party boss and using the Presidency and CSAT to launch artificial issues ahead of the electioneering campaign. Tariceanu also said that Basescu arguably told CSAT that the army supply appropriations are insufficient.
Ziua talks about "the coup at CSAT," quoting Basescu as explaining the suspension of the Tuesday's meeting of CSAT was because Government failed to submit the documents required for discussions and also because he did not want to preside over a discharge of ministerial responsibilities.
The CSAT meeting had been scheduled for 14:00 o'clock, local, but it was cancelled shortly after, as Tariceanu , the defence minister and the interior ministers failed to show up some tens of minutes past the o'clock.
The CSAT meeting had been scheduled for 14:00 o'clock, local, but it was cancelled shortly after, as Tariceanu , the defence minister and the interior ministers failed to show up some tens of minutes past the o'clock.
Ziarul financiar and Economistul reports that Governor of the National Bank of Romania (BNR) Muguur Isarescu on Tuesday introduced to a joint session of Parliament a report on the effects of the ongoing world financial crisis on the Romanian economy.
The papers quote Isarescu as saying BNR's presence in the monetary market would not bee seen with good eyes, and the main victims of the crisis are half a million of them who have taken out loans denominated in a foreign currency. Isarescu mentioned that Romania does not live in an oasis and the indirect impact of the world financial crisis on Romanian banks can be major.
Yet, Isarescu is quoted as assuring that the Romanian banking system is a solid one, and that BNR sticks to its statement that without being totally defended against the crisis, there are no reasons to talk about direct effects, as thing stand now.
Ziarul financiar remarks that the Bucharest Stock Exchange (BVB) on Tuesday recorded its largest bounce-back ever and continued to recover after undergoing one week before its worst plummeting since trade resumed there in 1995.
Ziarul financiar remarks that the Bucharest Stock Exchange (BVB) on Tuesday recorded its largest bounce-back ever and continued to recover after undergoing one week before its worst plummeting since trade resumed there in 1995.
The BET index reflecting the developments in the best performing 10 stocks traded on the BVB, on Tuesday recorded a 10.62-percent rise, just two days after it recorded a decline of 9.93 percent, the second largest decline in its history.
Business standard reports that Parliament's committees on budget and finance affairs of the two chambers on Tuesday approved incumbent chairman of the Senate Nicolae Vacaroiu as chairman of the Court of Auditors. Ziarul financiar remarks that Vacaroiu has left for a nine-year term in office at the Court of Auditors.
The papers quote Vacaroiu as saying after the approval vote that working at the Court of Auditors toward his retirement age is a temptation, and that it is hard for him to part with the Senate, where he worked for 12 years in various capacities, including being the chairman.
Evenimentul zilei reports that more than 30,000 pilgrims from all over Romania on Tuesday gathered at the Iasi Metropolitan Cathedral to attend the celebrations on St. Parascheva Day. The religious service was performed by 50 priests headed by Metropolitan Bishop Teofan I of Moldavia and Bucovina.
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