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What the newspapers say: June 3, 2009

de C.B.     HotNews.ro
Vineri, 3 iulie 2009, 2:01 English | Press Review

Romanian President Basescu and PM Boc lied about the "struggle" with the "bureaucrats" from Brussels regarding CEC Bank recapitalization. Elsewhere in the news, the visa regime Republic of Moldova imposed on Romanians can be tricked. Last but not least, Romanian PM Emil Boc appreciates that economic cooperation with the United States is "vital" for Romania's "viable and sustainable" economic re-launch.

Romanian President Basescu and PM Boc lied about the "struggle" with the "bureaucrats" from Brussels regarding CEC Bank recapitalization, Gandul reads. Boc said the request for the sum meant for CEC Bank was submitted in February, but the Commission delays the measure because it considers the 'investment' a state aid. President Basescu said earlier that "the Government needs to act and not keep waiting for Brussels' bureaucrats".

Romania mimes the fight against the financial crisis, according to the publication. The importance of the recapitalisation is similar to measures other states have taken against the crisis: strengthening state banks that could start crediting with enough money in its deposits, while private bankers still keep credits under lock. EC says that it was the Commission that discovered Romanian authorities’ intent. Romania's embarrassment increases with Competition Council's president admitting to Romania's not submitting any official document on the matter, therefore EC cannot approve the request.

The visa regime Republic of Moldova imposed on Romanians can be tricked, Romania Libera found out. Officially, no Romanian can enter the Republic of Moldova without holding an invitation letter signed by a Moldovan Inner Affairs clerk and proving there are at least 2,000 RON in their personal account. The conditions remain valid if a Romanian wants to travel through Moldova, destination Ukraine or Russia.

Romania Libera incognito reporters said they could not reason with the Moldovan Consulate in Bucharest, but the Moldovan consul in Odessa gave them a one month transit visa straight away. For a transit visa, a Romanian needs to hold an invitation letter signed by a clerk from the destination country. The diplomat only asked to see their passports. Another easy way into Moldova is through Transnistria, a state not recognised internationally, located between Moldova and Ukraine. A slower way into Moldova is to pay a Moldovan citizen to take care of the necessary documents.

Adevarul reads Romanian PM Emil Boc appreciates that economic cooperation with the United States is "vital" for a Romania's "viable and sustainable" economic re-launch. Boc made the statement on Thursday in Bucharest, during a speech he held at the USA Independence Day reception. Romanian PM thanked US investors for not redrawing from the Romanian market. He also mentioned that "July 4th is not only important to the American nation, but to the world's history". There were 1,000 guests taking part at the reception the US Embassy offered.  
























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