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| The Week in Review |
| (2011-07-02) |
| Last updated: 2011-07-09 17:18 EET |
Romanian President Traian Basescu’s recent statements regarding the events of 1941 trigger tough reactions in Moscow
Moscow has condemned Romanian President Traian Basescu’s recent statements regarding the events of 1941. During a June 22nd TV program, Romania’s president stated that 70 years ago, he would have sent troops to participate in operations conducted by Hitler’s Germany against the USSR, just like then PM Marshal Ion Antonescu did. Basescu said he would have taken that decision because Romania had a territory to recover, and if Marshall Antonescu had ordered the Romanian army to end their operations on the Nistre River, things would have been perfect.” The Russian Foreign Ministry has termed as inadmissible Basescu statements, and defined them as ‘’shameful bragging’’ that justifies the fascist aggression and desecrates the memory of millions of Nazi victims. The Russian Foreign Ministry calls for ‘’a proper judgment from Europe’s public opinion’’.
When asked by journalists to comment on Moscow’s reaction, Traian Basescu said he failed to see a problem, and recalled that the USSR no longer exists: “ My response was in line with Romania’s stand. Romania has condemned the Ribbetrop-Molotov pact, via its Parliament. Moreover, the Russian parliament itself has condemned the pact, so I don’t see where the problem is. Also bear in mind that the Soviet Union no longer exists.”
The Romanian Foreign Ministry says that Moscow’s reaction came without any previous diplomatic interaction. It terms as inappropriate the phrasings used and claims the episode should not affect bilateral dialogue.
The Greek and Swiss Presidents make formal visits to Bucharest
Romanian banks with Greek capital have enough resources and remain a major financing instrument for Romanian and Greek business people. The statement was made in Bucharest by Greek president Karolos Papoulias, who met his Romanian counterpart Traian Basescu and PM Emil Boc. The seven banks with Greek capital the official referred to, hold 27% of the banking market in Romania and, despite the crisis Greek is currently facing, their behavior is absolutely normal, as they carry out their activity in Bucharest properly and transparently, the president said. Basescu also met his Swiss counterpart, Mrs. Micheline Calmy Rey, this week. The two discussed the excellent relations between Romania and Switzerland.
The situation in Greece triggers certain financial developments in Romania
Worries over the crisis in Greece have led to an increase in the risk premium for Romania, but time needs to pass to see whether the situation will last and will have a negative impact. The statement was made by Jeffrey Franks, the chief of the IMF mission to Bucharest. Early this week, the IMF board approved the first assessment of the new precautionary agreement concluded with Bucharest, worth some 3.6 billion Euros, and placed at Romania’s disposal 480 million Euros. According to Franks, the board was very satisfied with Romania’s progress with regard to reform implementation. However, he drew attention to the fact that there are signs that the Romanian economy has slowed down its growth pace in the second semester of this year. The IMF maintains, though, the 1.5% growth estimate for 2011, based on the unexpected advance in the first quarter.
The EU Danube Region Strategy has been launched
The EU Danube Region Strategy was launched on Thursday in the port town of Tulcea, southeastern Romania, with the European Commissioner for Regional Policy, Johannes Hahn attending.
The project is capital for Romania and focuses, among others, on ecological transport on navigable inland waterways, Romanian Transport Minister Anca Boagiu has stated: “ Transport on navigable inland waterways, on the River Danube more specifically, is less polluting and therefore provides increased transport capability and at the same time is more advantageous both from an economic and an environmental point of view.
Romania’s Higher Defense Council makes new decisions regarding military operations abroad
In Bucharest, the Higher Defense Council has decided that next year the number of Romanian military deployed in international theatres of operations will be downsized by 106. The Ministry of Administration and Internal Affairs, on the other hand, will place 357 troops at the disposal of the EU, the OSCE, NATO and the UN They will take part in theatres of operation in Afghanistan and the Western Balkans. Last week, the US, Italy and France announced the start of the military withdrawal from Afghanistan. 19 Romanian soldiers have died in that country since 2002, when Bucharest first deployed troops there. Currently, there are 1780 Romanian troops there, accounting for the largest contingent in a theatre of operations outside Romania’s borders. According to data provided by the Defense Ministry, there are another 61 Romanian military in Bosnia Herzegovina, 60 in Kosovo, 2 in Iraq and 260 in other missions.
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