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November 5, 2023

A roundup of domestic and international news

Newsflash
Newsflash

, 05.11.2023, 13:55

Cash payment — Romania’s social-democratic prime minister, Marcel Ciolacu, announced a meeting at the government headquarters, in the following days, with the representatives of the main banks and with small entrepreneurs to debate the subject of cash payments. The topic has gained momentum in recent days, after some banks allegedly notified customers that they want to increase the commissions for depositing and withdrawing money at the counters. In this context, Nicolae Ciucă, the leader of the governing partners from the PNL, says that the measure of limiting cash payments should be re-discussed. According to the fiscal-budgetary measures that apply at the end of this year, cash payments are limited between a legal entity and a natural person to 5,000 lei (about 1,000 Euros) per day, except for salary payments, and between two individuals at 10,000 lei (2000 Euros) per day. Between legal entities, cash payments cannot exceed 1,000 lei (200 Euros) per day. From January 1, 2025, these ceilings would be halved. The purpose of the measure is to combat tax evasion. The most affected by the banks decisions and the limitation of cash payments are the small traders, especially those from the rural area, where many customers buy with cash, and the traders make their supplies from the big cash-and-carry stores paying cash too.



Moldova — The citizens of the Republic of Moldova (ex-Soviet state with a majority Romanian-speaking population are called to the polls on Sunday to elect their mayors and local councilors. The election results are also important in the run up to next years presidential elections and of the parliamentary elections in 2025, which will decide whether the neighboring country will continue its European course. The main stake is the city of Chisinau, with the highest concentration of population and resources. A record number of 28 candidates were registered for the position of mayor. The vote is taking place against the backdrop of unprecedented interference by Russia in the electoral process in the Republic of Moldova, through illegal financing of parties, corruption of voters and candidates. On Friday evening, the ‘Chance’ Party, affiliated with the fugitive oligarch Ilan Şor, was eliminated from the electoral race, after the Intelligence and Security Service reported that the party bought voters with money received from Russia.



Mini-football — The Romanian team won the Minifootball World Cup for the first time, on Saturday evening, in the emirate of Ras Al Khaimah (United Arab Emirates), after a dramatic victory in the final against Kazakhstan, score 12-11, in the penalty shootout. Romania, which played its third consecutive world semifinal, had two World Cup bronze medals from three participations, in the USA (2015) and Australia (2019). The world champion trophy was the only major title missing from the national team’s showcase. The national team was, in the past, six times European champion (2010-2015) and runner-up in the last two editions of the EMF EURO (2018 and 2022).



Gaudeamus — The Gaudeamus book fair, organized by Radio Romania, in Timişoara (west), European Capital of Culture 2023, comes to an end on Sunday. The event brings together 40 of the most important publishing houses and book distribution agencies in the country, which offer readers the latest releases and bestsellers. There are promotional packages and substantial discounts for the thousands of volumes on display. Between November 22-26, a new edition of the Gaudeamus Radio Romania Fair, the longest-running and most popular project of its kind in the country, will be organized at the Romexpo Compound in Bucharest.



Gaza – The US Secretary of State, Antony Blinken, discussed, on Sunday, in Ramallah, with the president of the Palestinian Authority, Mahmoud Abbas, at a time when the international community fears an expansion of the war between Israel and Hamas in the West Bank, AFP and Reuters report. It is the first visit of the US secretary of state to the West Bank since the beginning of the war on October 7, after the bloody attack on the Israeli territory by the Palestinian Islamist movement that controls the Gaza Strip, followed by the harsh response of the Jewish state. Antony Blinkens unannounced visit to Ramallah comes in the context of his Middle East tour, which also included Israel and Jordan. The BBC reports that the Israeli Defense Ministry announced that its forces had entered populated areas of Gaza City, and eyewitnesses reported heavy gunfire and fierce ground fighting on the outskirts. At the same time, the Israeli army announced that it is reopening, on Sunday, a corridor for civilians in the north of Gaza, for their movement to the south. The United Nations warns that 1.5 million people have been displaced in the area since the beginning of the conflict, and half of them take shelter in its camps. (LS)

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