Press Review - June 6, 2016

06.06.2016 By Gabriela Stan

Liviu Dragnea To Remain PSD President

The president of the Social Democratic Party (PSD), Liviu Dragnea, announced, after the results obtained by PSD at the mayoral elections, that he would remain the president of the party.

"Yes, I have reflected, I will remain the president of PSD. After this day when, in my opinion, and not only in my opinion, Romanians seem to have supported our program, the goals undertaken at the congress in October, it looks like our politics style, of avoiding disputes (…) and having a positive and constructive attitude, mattered.

(..) I don’t have all the data but it seems like we are the only party which understood the direction of the society, the speed of change of this society. We are on the right way. It’s not the end, it’s a first stage we will have a second stage after the parliamentary elections when we will have a higher percentage of new candidates and the last stage will be in 2017 when we will prepare the new leadership of the party after, hopefully, PSD would form the government," said Liviu Dragnea. (Evenimentul Zilei)                                          

 

Liviu Dragnea Excludes Idea Of No-Confidence Motion For Ciolos Government Until Parliamentary Elections

PSD president Liviu Dragnea on Sunday stated that the party will not submit a no-confidence motion for Ciolos government until the parliamentary elections despite the speculations according to which PSD and ALDE would file such a motion after the mayoral elections.

Speaking with journalists after social democrat candidate Gabriela Firea won Bucharest’s mayoral election, Dragnea said that such an action would trigger the refusal of President Klaus Iohannis to appoint a Prime Minister from PSD.

 “Although they were colleagues (e.n. from PSD) with warrior attitude at certain points, I am interested more in the stability of the country. We don’t want to take over the governing as we can’t; a no-confidence motion would bring us in front of President Iohannis, who will certainly make a proposal that we won’t accept. This could lead to months of instability, with unwanted economic consequences,” Dragnea said.

On the other hand, former PM and PSD president Victor Ponta stated he would support such an action, suggesting that the party is still considering this step. (Adevarul)

 

State-Owned Hydropower Producer Hidroelectrica Sues Transelectrica And CEZ

Romanian state-owned hydropower producer Hidroelectrica will sue power grid operator Transelectrica and energy supplier CEZ, for trying to transfer part of the responsibility for a power failure in Valcea and Arges counties to the hydropower producer.

Last Wednesday, consumers in the northern areas of Valcea and Arges counties, as well as big industrial consumers in Ramnicu Valcea, Curtea de Arges and Campulung Muscel cities were left without electricity.

“The attempt to transfer part of the responsibility for the incident in the network to Hidroelectrica is tendentious and prejudicial, so that we will sue the two transport and distribution operators for the material and moral damages caused to the company,“ Hidroelectrica said in a statement. (Adevarul)

 

Finance Ministry Sends Data On Additional Guarantees For First Home Loan Program To Banks

The Romanian Finance Ministry sent the data on the additional guarantees for the government-backed mortgage lending First Home program to the banks and to the national guarantee fund for SMEs (FNGCIMM).

Thus, the banks which got additional guarantees are Alpha Bank, Creditcoop, Banca Romaneasca, Banca Transilvania, Bancpost, Leumi, BCR, BRD, CEC, Credit Agricole, Garanti, ING Bank, Intesa Sanpaolo, Marfin, OTP Bank, Piraeus Bank, Raiffeisen Bank and UniCredit Bank.

The guarantee ceiling for this year’s First Home program was supplemented by RON500 million, according to a decision adopted in May by the government, as proposed by the Finance Ministry.

Over 181,897 guarantees have been issued so far, worth over EUR3.50 billion (RON15.6 billion). (Evenimentul Zilei)

 

“Most Loved Employers” Study Presents Favorite Companies For Starting A Career In 2016

A recent study shows the favorite companies for Romanians to start and build their careers in 2016, as well as the criteria for choosing jobs.

As regards the ten most sought-after employers on the Romanian market, the “Most Loved Employers” study presents the following companies: Google, Microsoft, Mercedes - Benz, BMW, Deloitte, Dell, IBM, SAP, Porsche Finance Group and Continental AG, where more than 50% of respondents wish to build a career.

When choosing a company or another, employees started to take into account, beside salary, the possibility to balance the professional and personal life. (Adevarul)