Loading ...Romania's national dailies of Tuesday give main coverage to the Romanian Government's anti-crisis plan discussed on March 16 at the Chamber of Deputies; the latest plans of Ford of Europe for its factory in Craiova; the latest developments in the local PC market; the consumption behaviour of Romanians in times of crisis.
Cotidianul remarks that a debate on Monday in the Chamber of Deputies, the lower chamber of Parliament, on the anti-crisis plan of the Boc Cabinet turned again into an exchange of heated remarks between former Prime Minister Calin Popescu-Tariceanu, now the chief of the opposition National Liberal Party (PNL), and incumbent Prime Minister Emil Boc.
Tariceanu is said to have built his speech around the possibility of Romania taking out an external loan from the International Monetary Fund (IMF) and his criticism against the demarches to this end of the incumbent Government. PM Boc reiterated in his speech the anti-crisis measures proposed by his Cabinet: massive infrastructure investments and housing weatherisation, accessing European grants, unblocking lending and correlating tax policies with monetary policies, the paper notes.
Ziarul financiar remarks that the prime minister has assigned the blame for the current situation in Romania to the deficient governance of the PNL, and for good reasons, quoting Boc as saying PNL failed to absorb European grants and unjustifiably spent 3 billion euros, the proceeds from the privatisation of Banca Comerciala Romana (BCR), as well as other external loans worth some billions of euros.
Adevarul quotes Boc as saying all that the Government can do is containing the effects of the crisis, mentioning the main measures the Government has in mind to do so: massive public infrastructure investments; absorbing European funds; keeping the single flat income tax at 16 percent; recapitalising CEC Bank and Eximbank; assisting exporters; securing counter-guarantees for loans to small and medium-sized enterprises; continuing and expanding the programme for the discarding of old used cars; including in the Budget the own revenues of government institutions and agencies; providing aids to the socially underprivileged.
Ford of Europe has announced it will manufacture new generation ecological engines at its Romanian factory in Craiova. The new engine should consume less fuel and generate less pollution. The company has also reasserted its plans for investing in the Craiova factory, Ziarul financiar reports.
The paper says the new plans of Ford in Craiova comprise the manufacturing of EcoBoost engines of small capacities, but last March the company's officials said the first model of Ford to be produced in Romania in mid-2009 would be the Ford Transit Connect, a light commercial vehicle.
When taking over the factory in Craiova, Ford pledged to achieve an output of at least 200,000 automobiles in 2012, make investments and keep employed the 3,900 workers of the Romanian factory.
When taking over the factory in Craiova, Ford pledged to achieve an output of at least 200,000 automobiles in 2012, make investments and keep employed the 3,900 workers of the Romanian factory.
Data released by the National Statistics Institute (INS) on Monday indicate that Romania's industrial output declined 12.1 percent year on year in January 2009, Financiarul reports.
The decline is explained by an 18.5-percent decrease in the output of the manufacturing industries and a 4.9 percent decline in the output of the electricity and heat industries. On the other hand, the mining industry is shown as advancing 4.4 percent.
The paper remarks that the volume of construction works in January 2009 was up 8.8 percent from January 2008 as a result of a milder winter.
The decline is explained by an 18.5-percent decrease in the output of the manufacturing industries and a 4.9 percent decline in the output of the electricity and heat industries. On the other hand, the mining industry is shown as advancing 4.4 percent.
The paper remarks that the volume of construction works in January 2009 was up 8.8 percent from January 2008 as a result of a milder winter.
Ziarul financiar carries the findings of a second Gartner analysis of the Romanian PC market indicating a strong rise in the sales of laptops in 2008, mentioning that Romanians acquired in 2008 almost half a million of portable computers, which is four times more than in 2006, boosted by falling prices and improving purchasing power.
More than 50 percent of Romanians would buy the same products but in smaller amounts amidst an economic recession. More than 60 percent of Romanians would cut on holidays and travelling, while 56 percent would give up on luxuries, according to the findings of a Mednet survey carried by Adevarul.
More than 50 percent of Romanians would buy the same products but in smaller amounts amidst an economic recession. More than 60 percent of Romanians would cut on holidays and travelling, while 56 percent would give up on luxuries, according to the findings of a Mednet survey carried by Adevarul.
Foods are the only products on which neither Bucharesters, nor other Romanians would give up. One third of the respondents said the ongoing crisis will not influence their consumption habits.
More than half of Romanians say they will buy the same products, but in smaller amounts. Only 9 percent of the population would prefer products with smaller prices.
Cotidianul carries the findings of a study in the Romanians' ideological leanings indicating that most of Romanians say they are centrist or rightist, they are in favour of private property, have an excellent opinion about competition and would like the gap between high and small incomes to diminish.
More than half of Romanians say they will buy the same products, but in smaller amounts. Only 9 percent of the population would prefer products with smaller prices.
Cotidianul carries the findings of a study in the Romanians' ideological leanings indicating that most of Romanians say they are centrist or rightist, they are in favour of private property, have an excellent opinion about competition and would like the gap between high and small incomes to diminish.
According to the survey conducted by the Institute for Life Quality Research (ICCV), Romanians seem to be more to the right of most other Europeans, probably because of left being associated with communism. Thus, 30 percent of Romanians would describe themselves as being rightist, 53 percent centrist and only 17 percent leftist.
On the other hand, almost half of Romanians believe the Government should better control the companies, while only one third of them believe the companies should be allowed more freedom.
Business Standard notes that in the first two months of 2009 seven of the top ten TV advertisers reported plummeting ad revenues, with data released by Alfa Cont research firm indicating that the investments of the largest ten advertisers went down 17.5 percent from the first two months of 2008.
Business Standard notes that in the first two months of 2009 seven of the top ten TV advertisers reported plummeting ad revenues, with data released by Alfa Cont research firm indicating that the investments of the largest ten advertisers went down 17.5 percent from the first two months of 2008.
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