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RADOR: News from Romania, 97-08-14
August 14, 1997
CONTENTS
[01] Talks between the Goverment and the Trade Unions
[02] Prime Minister Victor Ciorbea Met Representatives of the Romanian Oil
Company and of the Unions
[03] Petre Roman Talks about Ciorbea Cabinet's Reforms
[04] PDSR Supports the Programme of Industrial Restructuring
[05] The Former Sovereign of Romania Has Visited Suceava
[06] American Investments in Romania
[07] Benjamin Netanyahu is to visit Romania
[08] Currency Rates
[09] Weather
[01] Talks between the Goverment and the Trade Unions
At Victoria Palace a group of government members, led by Victor Ciorbea,
met on Tuesday the representatives of the union confederations Cartel ALFA,
CNSLR Fratia, BNS si CSDR. The union members obtained from the government
the promise that FPS is allowed to submit a form letter on Wednesday to the
agencies around the territory in order to forbid any dismissal until the
restructuring programme is implemented. The union leaders also requested
that the activity of the management teams of the enterprises that are to be
closed should be analysed. They decided that the cheking committees of SOF
which deal with coruption and abuses of the managerial teams should also
include union representatives. RADOR, August 14
BNS trade union asked that the minimum wage should be of 250,000 lei
beginning with August 1st and that is to be raised to 300,000 lei beginning
with October 1st. They asked for income tax decrease for wages between 350,
000 and 750,000 lei. BNS also requested the increase of the net income with
35,25% on the third term and a further 5% is to be added on the fourth form
of this year. RADOR, August 14
[02] Prime Minister Victor Ciorbea Met Representatives of the Romanian Oil
Company and of the Unions
Prime Minister Ciorbea met representatives of the Romanian Oil Company and
of chemical and petrochemical workers' unions at Palace Victoria on
Wednesday . Some aspects of a new national oil company founding were
discussed. The new company will process crude oil from the internal
production and some quantities from abroad so that it may provide the
accomplishment of the whole process of extraction, refining and
distribution. RADOR, August 14
On Wednesday night, the prime minister also met representatives of union
confederations "Cartel Alfa", CNSLR "Fratia", BNS si CSDR, in order to
discuss the problems raised by the wage indexation and wage tax - the same
radio station reports. Concerning the indexation, according to the latest
estimations made by the government in December, wages will reach the real
salary level of January 1997. That means an indexation of 25,1% and a
decrease of income tax of 2% are to be applied on wages starting with
August 1st. An indexation of 6% is due to occur starting with October 1st.
By these figures, wages will reach their real level of January 1997 - union
leader Bogdan Hossu stated. RADOR, August 14
[03] Petre Roman Talks about Ciorbea Cabinet's Reforms
Speaking about the reform initiated by the government led by Mr. Ciorbea,
Petre Roman, president of the Senate and of the Democratic Party, stated
at a press conference in South-Western Romanian town of Caransebes that
"there is no connection between the turning off the taps, through which the
resources are being exhausted, and the social-democracy or the Christian-
democracy but there is a connection with the common sense. The reform has
to continue, losses can be accepted no more, since there is no one able to
cover those gaps". RADOR, August 14
[04] PDSR Supports the Programme of Industrial Restructuring
PDSR supports the programme of industrial restructuring, but it considers
that this must be done by applying the rules of the market economy and not
by decisions typical to a centralized system. RADOR, August 14
[05] The Former Sovereign of Romania Has Visited Suceava
On the second day of his private visit in the Northern district of Suceava,
the former sovereign of Romania, Mihai I and his wife Ana of Bourbon-Parma,
went to the Sucevita Monastery on Wednesday, being expected in the
afternoon at Bogdana Monastery of Radauti, where they are to meet
representatives of the local authority and citizens. The meeting is due to
take place at 17:00. RADOR, August 14
[06] American Investments in Romania
SOF together with the bank company Shapiro Bank Ltd. from the USA organized
Wednesday a press conference at the Oil Industrialists' Club. Shapiro
Company has won the auction organized by SOF for selling the 40% shares
stock of Biofarm Company. Until year 2000, the buyer will provide
investment of about 50 million dollars. At the same Oil Industrialists'
Club firms which SOF would continue talks with for selling 40% shares stock
held by SOF at Romcim Company have been established. There are five
bidders: four foreign firms from Germany, France, Great Britain and Spain,
and Gribco International from Romania. All of them have been addmited to
the negociations. RADOR, August 14
[07] Benjamin Netanyahu is to visit Romania
The Israeli Prime Minister Benjamin Netanyahu will make a one day visit to
Bucharest on September 18, followed by three days in Hungary. Netanyahu
will meet in Hungary his counterpart Gyula Horn and the president Arpad
Goncz. They are to discuss the bilateral political and economic relations
between Israel and Hungary. Mr. Netanyahu will round up his tour with a two
day visit in Austria. RADOR, August 14
[08] Currency Rates
1 US dollar = 7,433 lei 1 French franc = 1,190 lei 1 German mark = 4,012
lei 1 Swiss franc = 4,880 lei 1 Sterling pound = 11,770 lei 1 ECU = 7,890
lei RADOR, August 14
Weather will be fine and warmer than yesterday, and the sky will be no more
covered by clouds. In Bucharest the weather will be fine. The temperature
will range from 22 to 32 degrees Celsius. RADOR, August 14
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