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November 6, 2017 UPDATE

President Klaus Iohannis says implementation of fiscal changes on January 1 would be ill-timed

November 6, 2017 UPDATE
November 6, 2017 UPDATE

, 06.11.2017, 19:53

PROTESTS – Tens of thousands took to the streets on Sunday night in Bucharest and other major Romanian cities, protesting the plans of the ruling coalition to amend the tax code and the laws on the judiciary. The bills modifying the legal framework for the judiciary, drafted by the Justice Minister Tudorel Toader and currently under debate in Parliament, stipulate among other things the transfer of judicial inspection powers from the Higher Council of Magistrates to the Justice Ministry. The bills also exclude the head of state from the procedure to appoint the chief prosecutors. Meanwhile, the Government postponed to Wednesday a special meeting, originally scheduled on Monday, in which several fiscal measures were to be adopted, including the transfer of social security payments from employers to employees, the introduction of a so-called employment insurance contribution covering medical leaves and unemployment costs, and a reduction of income taxes from 16 to 10%. Also on Monday, the Senate dismissed a simple motion tabled by the Opposition against the Finance Minister Ionuţ Mişa. The Opposition, trade unions and employer associations say the measures proposed by Misa would severely affect the private sector. In turn, President Klaus Iohannis says a substantial postponement of changes in fiscal legislation is necessary, and added that their implementation as of January 1, 2018 would be ill-timed.




DIPLOMACY – While on a 2-day visit to Montenegro, the Romanian Foreign Minister Teodor Meleşcanu had a meeting on Monday with his counterpart Srdan Darmanovic. Melescanu reiterated Romanias firm support for Montenegros European accession efforts. The two officials also reviewed ways to strengthen bilateral cooperation in various sectors, including employment and social security, science and technology, tourism, energy and the environment. The visit is part of Romanias efforts to increase its presence in the Western Balkans, one of Romanias foreign policy priorities, ahead of the Romanian presidency of the EU Council in the first half of 2019.




EXHIBITION – The Ambassador of Japan to Bucharest, Kisaburo Ishii, took part in the opening of an exhibition on “Meiji-era Stamps, organised by the Stamp Cabinet of the Romanian Academy Library as part of the “Japanese Culture Month in Romania, and hosted by the Theodor Pallady Hall of the Romanian Academy Library. The exhibition will close on November 12.




MOLDOVA – Should early elections be held in the Republic of Moldova, only 3 parties would make the parliamentary threshold: the Socialists Party, the Action and Solidarity Party and the Democratic Party, according to an opinion poll released on Monday by the Public Opinion Fund organisation. The Socialists would get 50% of the votes. The poll also reveals low public confidence rates for the Parliament and Government. Eighty per cent of the respondents are unhappy with the current state of affairs in the Republic of Moldova. According to the poll, only one-fifth of the people would support their country joining NATO or uniting with Romania.




FOOTBALL – Romanias national football team has convened for friendly matches against Turkey and the Netherlands, scheduled to take place in Cluj-Napoca on November 9 and in Bucharest on November 14, respectively. Manager Cosmin Contra invited 30 players, including 17 Romanian footballers playing for foreign clubs. This is the start of Romanias preparations for the Euro 2020 qualifiers. The Turkish national team is coached by the Romanian Mircea Lucescu.


(translated by: Ana-Maria Popescu)

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