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RADOR: News from Romania, 97-05-20

The Press Agency of the Romanian Radio (RADOR Society) Directory - Previous Article - Next Article

From: RADOR Press Agency <http://indis.ici.ro/romania/news/rador.html>

May 20, 1997


CONTENTS

  • [01] Bilateral Relations and Regional Cooperation in the Focus of Attention of the Visit Paid by the Romanian Foreign Minister, Adrian Severin, to Croatia.
  • [02] Costin Georgescu Nominated for the Post of Director of the Romanian Intelligence Service.
  • [03] Romania's President, Emil Constantinescu, Has Promulgated the Law on the Privatization of Banking Commercial Companies.
  • [04] Meeting in Bucharest Between the Members of EURISK Foundation And a Delegation of the US War College
  • [05] The Visit in Romania of a Delegation of American Businessmen

  • [01] Bilateral Relations and Regional Cooperation in the Focus of Attention of the Visit Paid by the Romanian Foreign Minister, Adrian Severin, to Croatia.

    Zagreb - The head of Romanian diplomacy, Adrian Severin, met on Monday in Zagreb, Croatia, with the president, Franjo Tudjman, with premier Zlatko Matesa, and with the foreign minister, mate Granic. The romanian side expressd the wish of increasing bilateral economic exchanges. The officials in Zagreb said thet Croatia is interested in a more active presence of Romanian companies in the process of reconstruction of the former Mugoslav area. Bucharest and Zagreb are also seeking ways of mutual support in the process of integration into the European Union and NATO. Also tackled was the Romanian-Croat-Hungarian three side protocol envisagining a complex development of the danube's potential. Another topic of discussions was the protection of linguistic, religious and cultural identity of the Romanian comunity in Croatia and of the Croats in Romania. The Romanian foreign minister also met representatives of the Romanian communities in Croatia.

    [02] Costin Georgescu Nominated for the Post of Director of the Romanian Intelligence Service.

    Bucharest - Romania's president, Emil Constantinescu, on Monday sent to spekers of the two chambers of parliament the proposal for the nomination of the national liberal party MP, Costin Georgescu, in the post of director of the Romanian Intelligence Service. The Parliamentary commision for the control of the RIS's activity, as well as the joint meeting on Wednesday of the standing bureaus of the two chambers are to debate the proposal. This proposal, which meets tMe agreement of the entire governmental body, was taken after the consultations held by the head of statewith the leaders of the parliamentary parties. In a declaration to our radio station, Costin Georgescu said that he would try to track down all leaks of information from the RIS. He also said that he had no link whatever with the former political police before 1989, or with any other secret services. His nomination comes after the resignation, on April the 24th, of the former RIS director, Virgil Magureanu.

    [03] Romania's President, Emil Constantinescu, Has Promulgated the Law on the Privatization of Banking Commercial Companies.

    Bucharest - Romania's president, Emil Constantinescu, has promulgated the law on the privatization of banking commercial companies, where the state has shares. This is the first important law in the package of about 80 laws promised by the executive in Bucharest. This package is necessary to uphold the reform in Romania. Among other things, the law on the privatization of banks stipulates that no legal Romanian or foreign entity can aquire the right of ownership over a numMer of stocks which amount to more than 20 per cent of the capital of a banking company, with the exception of reputed financial and banking institutions. The privatization of banks will be done through the increase of capital, the sale of stocks held by the Romanian state or through the mix of the former two methods. However, the state will have a capital quota or a golden share. The drawing up of this law was done in keeping with measures taken by other European countries in transition and with practices in western Europe, with a view to harmonizing Romanian legislation with that of the European Union.

    [04] Meeting in Bucharest Between the Members of EURISK Foundation And a Delegation of the US War College

    Bucharest - The Euro-Atlantic centre in Bucharest on Monday hosted a meeting between the members of the EURISK foundation and a delegation of the US war college, headed by doctor Sarah Botsai. On the delegation are students of the US state and defence departaments, high-ranking officers from the US air force ande navy. The president of EURISK fundation, doctor Liviu Muresan, preMented Romania's geo-political and geo-strategic situation and this country's arguments for admission into NATO. The members of the american delegation mainly tackled the opportunities which Romania offers to the US from the economic point of view, as well as the freedon of the Romanian press.

    [05] The Visit in Romania of a Delegation of American Businessmen

    Bucharest - "Romania is attractive from the investments point of view" the mayor of Hammond, Indiana, Duane Dedelow declared on Monday in Bucharest after his meeting with the president of the Chamber of Commerce and Industry of romania, George Cojocaru. The mayor of Hammond is a member of a delegation of American businessmen interested mainly in investing in the Romanian iron and steel industry. Their agenda also including in the next few days a visit to the Iron and Steel plant of Galati, in eastern Romania.


    The Press Agency of the Romanian Radio (RADOR Society) Directory - Previous Article - Next Article
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