Loading ...The dailies publish on Monday analyses and commentaries on the signing of a protocol of cooperation between the Democratic-Liberal Party (PD-L) and the Social Democratic Party (PSD), for the creation of a governmental majority, as well as information from the economic-financial area, with the main themes regarding the current account deficit, the possibility of the conclusion of a new agreement with the International Monetary Fund (IMF), the record value of direct foreign investment, the growth in the IT&C market.
The leaders of the Democratic-Liberal Party (PD-L) and the Social Democratic Party (PSD), Emil Boc and Mircea Geoana signed, at the Parliament Palace, the Partnership for Romania, a protocol of cooperation, for the creation of a parliamentary majority.
"The PD-L and PSD have signed, for a joint governing, in the next four years, the National Liberal Party (PNL) and the Hungarian Democratic Union of Romania (UDMR) have reached the opposition," wrote daily Ziarul Financiar, and "the birth certificate of the PD-L – PSD government has been signed," wrote Evenimentul Zilei, giving details about the document signed on Sunday.
So, the Partnership for Romania, valid, until 2012, includes, among other things, the keeping of a flat tax of 16%, of the existing jobs, and of the purchasing power, as well as compensations for underprivileged categories, for them not to feel the effects of the economic crisis. The continuation of the reform of justice and of decentralization are among the priorities of the coalition.
"With 329 MPs, the PD-L and the PSD should theoretically have no problem in Parliament, where the opposition made up by PNL and UDMR only counts 123 MPs," stresses daily Ziarul Financiar.
"With 329 MPs, the PD-L and the PSD should theoretically have no problem in Parliament, where the opposition made up by PNL and UDMR only counts 123 MPs," stresses daily Ziarul Financiar.
In relation with the UDMR going to the opposition, the dailies quote on Monday leader of the Hungarian minority Marko Bela, who has said that UDMR would not vote for a government including the PSD, neither does it accept the offer of the PD-L on filling execution posts in the future government.
In the period Jan-Oct 2008, the current account of the balance of payments registered a deficit worth 14.437 billion euros, up 10.9% from the similar period of 2007, wrote daily Economistul, citing data from the Central Bank of Romania (BNR).
In the period Jan-Oct 2008, the current account of the balance of payments registered a deficit worth 14.437 billion euros, up 10.9% from the similar period of 2007, wrote daily Economistul, citing data from the Central Bank of Romania (BNR).
As regards the state of the Romanian economy, "in the year which will end soon, the last one of the minority rightist governing," the editorialist of the said daily said that "the vulnerabilities seen and severely criticized by analysts and the central bank, such as the excessive deficit of the current account, the permanent threat of the budget deficit and dangerous oscillations in inflation have been kept, they have even increased."
Former Finance minister Sebastian Vladescu said, in daily Ziarul Financiar, that the Romanian state needs money from the International Monetary Fund, the European Union or the European Central Bank (ECB), "at least for improving the perception of the country risk."
"The Finance minister who broke the latest accord with the IMF Sebastian Vladescu believes that a new such agreement would be very good," wrote Cotidianul. In Vladescu's opinion, such an arrangement could strengthen the confidence of foreign investors in the capacity of the authorities in Bucharest to manage the crisis.
"The Finance minister who broke the latest accord with the IMF Sebastian Vladescu believes that a new such agreement would be very good," wrote Cotidianul. In Vladescu's opinion, such an arrangement could strengthen the confidence of foreign investors in the capacity of the authorities in Bucharest to manage the crisis.
The year 2009 will bring at least 28,000 bankruptcies, which is almost the double of the pace in 2008, they are to be caused both by the international crisis and by the financial problems, warned in daily Romania Libera, Coface Romania Agency.
"A cause will be the problem related to most and most difficult funding. But maybe, it is not the rise in bankruptcies that is important, the problem is that big names will fall," wrote Romania Libera.
"A cause will be the problem related to most and most difficult funding. But maybe, it is not the rise in bankruptcies that is important, the problem is that big names will fall," wrote Romania Libera.
The uncertainties related to the capacity of the new government to change the populist measures adopted before the election, as well as the incoherence of the economic policies "draw dark fiscal prospects" in Romania, reads a report of Citigroup bank, taken over by daily Evenimentul Zilei.
According to Citigroup, the economic growth of Romania will go down to 2.8% next year, and the pressure on inflation will continue, following a possible depreciation of the Romanian leu currency rate of exchange. Analysts also believe that inflation in Romania will edge down, from 8%, this year, to 6.1% next year.
According to Citigroup, the economic growth of Romania will go down to 2.8% next year, and the pressure on inflation will continue, following a possible depreciation of the Romanian leu currency rate of exchange. Analysts also believe that inflation in Romania will edge down, from 8%, this year, to 6.1% next year.
November was the month when the number of mortgages on houses and apartments was cut by half from October, reaching the minimum of this year, according to data supplied from Gandul by the National Agency for Cadaster and Real Estate Publicity (ANCPI), mentioned by daily Gandul.
The value of the IT&C market could reach seven billion euros at the end of 2008, up more than 36% from 2007, with the contribution of this sector to the formation of the Gross Domestic Product estimated at 10% for this year, according to data from the IT&C Ministry, quoted by daily Bursa.
The value of the IT&C market could reach seven billion euros at the end of 2008, up more than 36% from 2007, with the contribution of this sector to the formation of the Gross Domestic Product estimated at 10% for this year, according to data from the IT&C Ministry, quoted by daily Bursa.
Romania will be one of the few countries on the Earth which will have, in 2013, a rate of penetration of mobile telephony of over 150%, writes daily Ziarul Financiar.
According to Informa research company, quoted by the daily in an article called "Romania among the first five countries as regards mobile telephony, in 2013," the number of SIM cards in the local market will reach some 32 million, in the next five years.
According to Informa research company, quoted by the daily in an article called "Romania among the first five countries as regards mobile telephony, in 2013," the number of SIM cards in the local market will reach some 32 million, in the next five years.
At the end of the first half of this year, according to the National Authority for Communications (ANC) the penetration rate of mobile telephony in Romania stood at 123%, the indicator has been calculated for a population of 21.528 million dwellers, and 26.5 million SIM cards active at the end of June 2008.
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