Press Review - June 19, 2015

06.19.2015 By Gabriela Stan

PC And PLR To Form New Party ALDE

The Conservative Party led by Daniel Constantin and the Liberal Reformist Party led by Senate speaker Calin Popescu Tariceanu will merge to create a new party, ALDE,  in order to join the European liberal-democrats.

The new party will have two co-presidents, Calin Popescu Tariceanu and Daniel Constantin. Tariceanu stated that the party will be named the Alliance of Liberals and Democrats and would be a “strong center-right liberal force“.

“We want to mainly represent those Romanians who believe in individual freedom, in the need of a party that would defend and promote individual rights and freedoms, which are currently challenged by certain state institutions,“ Tariceanu said. (Adevarul)

President Klaus Iohannis Promulgates Personal Bankruptcy Law

President Klaus Iohannis signed Thursday the decree on the promulgation of the Law regulating the procedure of insolvency for individuals, stipulating that any citizen unable to pay his/her debts will be able to reschedule them for a five-year period.

On May 20, the Law on the insolvency of individuals was unanimously adopted by the Chamber of Deputies, as decisional chamber.  All parliamentary groups supported the draft law initiated by PSD deputy Ana Birchall and another 153 MPs.

The draft law is based on studies in 12 states and is the result of the debates started in March 2014 with all the institutions involved. (Puterea)

Labor Ministry Disagrees With The Amending Of The Labor Code

Although the Parliament is debating several draft laws for amending the Labor Code, the Labor Ministry disagrees with this measure, according to Eduard Corjescu, head of the Legal Department of Labor Ministry.

“The Labor Ministry has not supported any of them (draft laws for amending the Labor Code – e.n.) (…) The legislative calendar of the ministry and the government’s working plan do not include the amending of the Labor Code! We believe it takes a stable normative framework, that would bring confidence to investors and social partners, instead of creating legislation every year (…),” Corjescu stated. (Evenimentul Zilei)

Minimum Wage For A Loan To Buy An Apartment Is RON 1,000

The minimum necessary wage to buy an apartment with a banking loan in Romania is RON1,000, according to Digi24.

Nevertheless, the minimum salary for the acquisition of an apartment is different, depending on the city and region. Most of the discrepancies are registered in the southern region of the country, which also includes the most expensive real estate market, capital city Bucharest.

In Bucharest, the average price of a 50 sqm two-room apartment is approximately EUR52,000. Thus, one family needs incomes of RON3,000/month to buy an apartment  through a 30-year real estate loan. (Romania Libera)

All EU States To Introduce Unique Code For Medicines, In 2017 Most Likely

All EU states will introduce a unique code for medicines, most likely in 2017, targeting to avoid counterfeit pharmaceutical products, accordion to Marius Tanasa, vice-president of the National Medicine Agency.

"Medicines will have a unique code, and, based on scanning, pharmacies will find out whether the specific medicine was already sold in a different location. The code will be unique and the system will be unique in the entire European Union. In other words, when somebody is copying the code, the pharmacy scanning shows that the medicine has already been sold in another location and should be no longer sold," Tanasa said.

The system will most likely be adopted in 2017, as the EU directive which came into force in 2013 has a four-year term for implementation. (Romania Libera)