Press Review - May 25, 2017

05.25.2017 By Oana Gavrila

PM: Cernavoda Nuclear Reactor Investments To Start Shortly

Romanian Prime Minister Sorin Grindeanu said Wednesday Romania targets energy independence and investments in a third and fourth nuclear reactor at the Cernavoda nuclear power plant will start shortly.

“Romania's targeted goal is energy independence and my government will support all technologies producing sustainable electricity. We want to start investments into a third and fourth nuclear reactor at Cernavoda as soon as possible,” said Grindeanu at the Nuclear Research Institute in Mioveni, southern Romania.

He said the institute could supply equipment, services and technical assistance for the two reactors to be built, as it did for the first two.

The Council of the Organization for Economic Co‑operation and Development (OECD) last week invited Romania to become a full member of the Nuclear Energy Agency (NEA) and its Data Bank. The accession will be formalized in June 2017.

Fast Economic Growth Worries Romania Central Bank Deputy Governor

Romania’s rapid economic expansion is worrying the nation’s newest central banker.

The consumer-led boom is unsustainable and risks potentially painful adjustments in the future, according to Eugen Nicolaescu, who was confirmed as a deputy governor at the central bank by Parliament on Wednesday.

“One can’t look at the current growth rate without wondering what risks lie ahead,” Nicolaescu told Bloomberg in an interview. “Too often we’ve had fiscal policy going in one direction and monetary policy in another. I don’t think this is good for the country.”

Workers Relocated to Bucharest Make RON2,500-3,500/Month

In the past year, companies have relocated workforce to Bucharest from other parts of the country, paying them net monthly salaries between RON2,500 and RON3,500.

Welders, mechanics and repairmen took projects lasting 3-6 months before returning to highly industrialized countries to work for higher wages.

“Wages for welders relocating to Bucharest, for instance, vary between RON2,500 and RON3,500. This increases with overtime, high performance or niche qualifications,” said Oana Petcu, sales & ope­rations director for recruitment firm Humangest Group.

Apart from wages, employers offer accommodation and transport facilities to relocated workers.

Justice Minister To Publish List of People Who Accessed SIPA Archive

Justice minister Tudorel Toader said he will publish Thursday a list of everyone who accessed the SIPA archive, a secret service of the ministry tracking magistrates.

Prime Minister Sorin Grindeanu said he supports moves to declassify the archive.

Toader said the archive is a stain for the Romanian justice system and the truth must come out.

Yellow Code Warning of Floods in 11 Counties

Romanian weather authorities issued a yellow code warning Wednesday expecting potential flooding on rivers crossing 11 Romanian counties. The warning is valid until Thursday at 4 pm.

The counties in question are Maramures, Satu Mare, Cluj, Salaj, Bistrtţa Nasaud, Bihor, Arad, Hunedoara, Alba, Caras Severin, and Timis.

The weather will be unstable, with thunderstorms and rain throughout the country until Saturday night.