Press Review - June 12, 2015

06.12.2015 By Gabriela Stan

Romania’s Inflation Accelerates To 1.2% In May

Romanian consumer prices rose 0.5% in May from a month earlier, mainly due to rising food prices, fueling the growth of the annual inflation rate to a six-month high, official data showed Thursday.

The inflation rate was 1.2% in May, the highest since November 2014, and a significant growth from 0.7% in April, according to data released by the country’s statistics institute INS.

Food product prices went up 0.75% on the month in May, while the prices of non-food items and services were both up 0.3% compared with April.

Romanians paid 5.1% more for vegetables in May compared with a month earlier, while fruit prices increased 7%. In the non-food sector, fuel price rose 1.2% on the month, while the prices of telephony services and airfares were up 0.7%. (Puterea)

Natural Gas Price Liberalization To Be Completed In 2021

The natural gas price liberalization will be completed in 2021, and in 2018 authorities will reevaluate the market conditions and European prices to decide whether prices will continue to be regulated by 2021 or will be freely established on the market.

The document was posted on the website of the Energy Ministry for public debate. The current gas price stands at RON53/MWh, in 2018, it will reach RON78/MWh, and in 2021, it is estimated to stand at RON90/MWh. In July, natural gas price will increase from RON53/MWh to RON60/MWh, then prices will increase by RON6/year: to RON66/MWh in 2016, to RON72/MWh in 2017 and to RON78/MWh in 2018. (Adevarul)

Vasile Blaga: Censure Motion Unlikely To Be Successful According To Parliamentary Mathematics

Vasile Blaga has recently stated that the censure motion is unlikely to be successful according to “parliamentary mathematics”, but the liberals are counting on the “good faith of certain PSD and UNPR members towards their electorate” and hopes to remove Ponta government.

The censure motion "Victor Ponta – dismissed for excess of power by blocking elections. The right to vote is not a slogan!" will be debated and voted on Friday in the plenum of the Senate and the Chamber of Deputies, while PSD and UNPR announced they would not participate in the voting process.

According to liberal Ludovic Orban, the leaders of the majority are afraid of betrayal and prefer to keep their MPs under control, by refusing to vote.

The president of PSD National Council, Rovana Plumb, stated that PSD will attend the meeting out of respect for the Parliament, but the party will not vote, as the opposition’s measure would only generate chaos and political instability”. (Puterea)

Cosmetic Plant Gets Three Awards At World Quality Selections 2015

Cosmetic Plant, one of the main local cosmetics producers, continues its path to success by getting another three awards at World Quality Selections 2015, the most important international contest for product quality, organized by Monde Selection.

Thus, it is the third year when Cosmetic Plant gets awards in World Quality Selections. Bioliv Antiaging anti-wrinkle day cream got the High Quality Trophy and, for the third year in a row, Grand Gold Award. GreenStem Mattifying anti-aging day cream won the Gold Award, like it did in 2014. (Romania Libera)

Unemployed In Tulcea County May Participate In Information Sessions

Between March 13, 2014 – September 12, 2015, the unemployed in Tulcea county can participate for free in several information actions meant to help them reintegrate on the labor market.

The actions have the financial support of the European Social Fund and are developed under the Sectoral Operational Programme Human Resources 2007-2013, in Tulcea county. The project includes sessions of information, counseling, professional training and workforce intermediation, and is aimed at easing the access to a job.  (Romania Libera)