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National Press Review July, 2

Articles from dailies Adevărul, Jurnalul Național, Evenimentul Zilei, Ziarul Financiar, România Liberă.

National Press Review July, 2

02 Iulie 2012, 10:13

ADEVĂRUL requires the resignation of the Prime Minister. "Dismantling the Commission which declared him being plagiarist, Ponta continues the assault against state institutions which do not respond to commands". The verdict, however, voted remains clear, consider Adevărul.

"The Diplomas Accreditation Council , Funeriu's team put up a political battle," JURNALUL NAȚIONAL writes. "Former Minister of Education has planted in this council of 21 members a number of people close to him academically, but also friends from ideological PDL circle".

In ZIARUL FINANCIAR we read: "Stop the political scandal and assume real targets". That require business people from the Government, which " is captured in endless political disputes" and " did not come up with any real initiative for economic recovery" .

"Vasile Blaga, comfortable at PDL buttons. The top priority of the party will be to build a pole of right to oppose USL " , EVENIMENTUL ZILEI reported. They were rewarded with leadership positions in PDL especially those who have obtained good results in the election and those who have supported Blaga constantly.

"The insolvency of Hydroelectric, a bullet which hit the whole economy", in particular the banking sector, writes ROMÂNIA LIBERĂ. Soothing messages released by the Government have not reached their goal. Moody's reduced the company rating and, as a result, Hidroelectrica borrows at a higher level. What is more serious is that Moody's arguments also apply to other big companies. "Credibility builds hard and destroys easy", say economists.

On the other hand, as a result of insolvency, "the hydro energy is no longer cheap at all"-we read in Jurnalul Național . "Smart Guys are urged to accept the new terms", i.e. the market price, at which will apply a discount of 10-12 percent.

"Baccalaureate 's writing begins. Education is in the fray, "says EVENIMENTUL ZILEI. The changes of Education Minister , the heads of Education Ministry are busy with the Prime Minister plagiarism scandal and school principals perceive their places threatened by political changes. And besides all this, once at the National Evaluation an ambiguous topic upsided down the scale, high school graduates have emotions just not happen the same thing.

ADEVĂRUL warned us that " since yesterday, we live under a new tax scheme" because it came into force, a number of amendments to the Code: increasing the excise duties and expensive cigarettes, companies get a balloon of oxygen and the VAT threshold shall be increased, the exemption from penalty disappears, and self-employed will pay contributions according to new rules.

We read in ROMÂNIA LIBERĂ about "Resounding failures of rating agencies". French Senate released a report on the three major credit rating agencies — Standard & Poor 's, Moody's and Fitch--which contributed to the emergence of the crisis in 2008 through a variety of errors. Is it "a plot of agencies who serve customers" ask journalists.

Translated by
Denisse-Meda Bucura
MTTLC, Bucharest University


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