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RADOR: News from Romania, 97-11-04

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>

November 4, 1997


CONTENTS

  • [01] South-East-European Summit in Crete
  • [02] FNF Leader on a Visit to Romania
  • [03] A Possible Reshuffle of the Romanian Cabinet
  • [04] HYUNDAY Car Maker in Romania
  • [05] EBRD Report
  • [06] Weather in Romania
  • [07] Currency Rates

  • [01] South-East-European summit in Crete

    At the summit of South-East-European countries in Crete, Romania proposed the creation in Bucharest of a NATO coordinated South-East-European centre for the prevention of crises. The meeting opened in the Cretan city of Heraclion and it is attended by the presidents of Yugoslavia and Macedonia, the prime ministers of Bulgaria, Greece, Romania and Turkey, and the Bosnian deputy foreign minister. The Romanian delegation is headed by Prime Minister Victor Ciorbea who is accompanied by Foreign Minister Adrian Severin. The summit in Heraclion has recorded two premieres: the comeback of Belgrade to the international scene for a meeting devoted to a topic other than the Yugoslav crisis, and the first visit of a Turkish leader to Greece in nine years.

    While in Heraclion, Romanian Prime Minister Victor Ciorbea met President Slobodan Milosevic of the Federal Republic of Yugoslavia. Among other things, they dicussed issues concerning the Romanians in the Timoc Valley as this population is not recognised as an ethnic Romanian minority. Mr. Ciorbea had other separate meetings with Greek Prime Minister Costas Simitis and his Bulgarian counterpart Ivan Kostov. RRI-RADOR, November 4

    [02] FNF leader on a visit to Romania

    The president of the right wing National French Front Jean-Marie Le Pen will visit Romania between November 7-9 following an invitation of the Greater Romania Party (PRM), a political group seen as a nationalist hardliner. According to a French News Agency report, Le Pen is to head a FNF delegation at the Greater Romania National Congress accompanied by FNF Vice-President Dominique Chaboche. Chaboche visited Romania early this year following the invitation of PRM leader Corneliu Vadim Tudor and, at the time, the French politician declared that FNF and PRM are ideologically connected in their fight against the US political and economic monopol worldwide. RRI-RADOR, November 4

    [03] A possible reshuffle of the Romanian Cabinet

    The Christian Democratic National Peasant Party (PNT-CD), the main party in Romania's ruling coalition, stands for a government reshuffle meant to improve the activity in certains sectors but rejects the idea of a minority government or a government of technocrats. PNT-CD leader Ion Diaconescu said yesterday that no major changes are expected considering the positive activity the current government carried out so far. Ion Diaconescu believes that the only solution for a stable governing of the country is represented by the current governing coalition including the Democratic Convention in Romania (CDR), the Social Democratic Union (USD) and the Democratic Union of Ethnic Hungarians in Romania (UDMR). RRI-RADOR, November 4

    [04] HYUNDAY Car Maker in Romania

    French newspaper "La Tribune" said that after DAEWOO, HYUNDAY was the second South Korean car maker that would produce cars in Romania. Plans are made for about 50,000 cars per year and manufacturing of the ACCENT model is expected to begin in 16 months. According to "La Tribune", RENAULT stopped cooperating with DACIA a long time ago as DACIA "had a very bad reputation in Eastern Europe because of its poor finishing and its desastruous fiability". RADOR, November 4

    [05] EBRD Report

    A recently published EBRD report said that 1997 would be the year when former communist countries are all expected to experience strong economic growth. Economic growth in some of these countries is already significant, but it seems that new evolutions in Russia will influence all Eastern Europe. Representatives of the bank have said that some of the countries would experience rather a regress but governments in those countries have chosen their way to economic reform. In this respect, experts have mentioned Romania and Bulgaria, where both the voters and the government have proven they wanted to promote reforms. EBRD also believes that the quality of the governmental institutions' work is one of the most important factors in implementing reforms successfully. Those institutions will also have to ensure competitiveness of the new markets, meaning not only the adoption of laws against monopoly but also sanctions against those who break them. RADOR, November 4

    [06] Weather in Romania

    Weather in Romania will be cold and cloudy in most of the country. Temperatures will range from -4 centigrades in the morning to 10 centigrades at noon. RADOR, November 4

    [07] Currency rates

    1 USD = 7,745 lei; 1 DEM = 4,460 lei; 1 CHF = 5,477 lei; 1 FRF = 1,331 lei; 1 GBP = 12,961 lei; 1 XEU = 8,794 lei. RADOR, November 4


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