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| The Week in Review |
| (2012-05-19) |
| Last updated: 2012-05-21 13:30 EET |
On the rundown today:
The Romanian economy is once again in technical recession
The new Romanian foreign minister, Andrei Marga, set his priorities
Bucharest observes the Night of the Museums
Romanians film makers participate in the prestigious film festival in Cannes
The Romanian economy is once again in technical recession
After holding talks with the country’s president and the governor of the National Bank, the Romanian Prime Minister Victor Ponta provided assurances that the situation in Romania is stable and under control. The meeting was held after it was officially confirmed that the Romanian economy was once again in technical recession, against the background of European economic uncertainty amplified by the political instability in Greece. According to the prime minister, the government and the national bank will coordinate their actions to prevent problems with exchange rate fluctuations, which this week went to record levels, with one Euro selling for over 4.4 lei. The executive said it was ready to take any necessary measures. Here is Victor Ponta:
Victor Ponta: “It is obvious that for the countries outside the Eurozone, the European issues that exist, persist and still have no answer influence this thing. However, I have complete confidence in the way in which this issue is managed by Romania’s National Bank. As for the government, its actions will be coordinated and will absolutely be in the same direction with those of the bank”.
In addition, the government endorsed an agreement with the World Bank for a precautionary loan agreement worth one billion Euro, which is set aside by the government in case of emergencies.
The new Romanian foreign minister, Andrei Marga, set his priorities
The recently instated Romanian foreign minister, Andrei Marga, gave an interview to the Romanian public radio and spoke about some of the priorities of the Foreign Ministry. The main issues he spoke about were Romania’s accession to Schengen, restoring traditional economic relations with countries such as Russia and China, intensifying economic cooperation with Germany and the US, as well as consolidating the strategic partnership with the Republic of Moldova. According to Marga, the main priority is joining the Schengen area, hoping that Romania will get a favourable decision from Brussels in September. Right now, the Netherlands is the only country that is against Romania’s and Bulgaria’s joining the free circulation zone, which was supposed to happen in March 2011. Holland claimed that its opposition was the result of the lack of progress in fighting corruption in the two states. On the other hand, Andrei Marga claimed that Romania has to cut red tape in order to attract more foreign investors. He also spoke about the relationship between Bucharest and Moscow:
Andrei Marga: “Normalizing relations with Russia is, in my opinion, to Romania’s benefit. Of course Romania has a good export partner in the European Union, and that is a great advantage, but sometimes we cannot successfully compete on the European market. The Russian market continues to provide access to other markets, Kazakhstan, Ukraine, and even China. It is well understood that we have to use those markets”.
In regard to China, whose investments in Romania, especially in infrastructure, have met with problems, the minister believes that the authorities should raise the interest that business people have in Romania. He added that intensifying economic cooperation and stimulating American investments in Romania is another priority for his office. Marga also pleaded for a privileged partnership between Romania and the neighboring Republic of Moldova.
Bucharest observes the Night of the Museums
30 Romanian cities, including the capital, take part once again in the Night of the Museums event, which is observed every year on May 18, International Museum Day. This successful event, in its eighth edition, is celebrated in around 3,000 museums in Europe, of which around 100 are in Romania. There are concerts, film screenings, characters brought to life, activities for children, shows, and period costume presentations, all part of the special program this night, turning a visit to a museum in an unforgettable experience. In Bucharest, the organizers provide bicycles for making it easier for visitors to reach museums.
Major Romanian presence at the Cannes Film Festival
Romania is present at the International Film Festival in Cannes for the seventh year in a row. This is the biggest film festival in Europe, and this year’s edition is dedicated to actress Marilyn Monroe, 50 years after her death. Of the 60 films from 26 countries taking part in the event, 22 are competing for the grand prize, the Palm d’Or. Among these is Romanian director Cristian Mungiu’s “Beyond the Hill
s”, an adaptation of “Confession at Tanacu”, a book by Tatiana Niculescu Bran. The feature film, written and directed by Mungiu, marks the Romanian director’s return to the official competition at Cannes. Five years ago, Mungiu won the Palm d’Or with his film “4, 3, 2”. Romanian filmmakers are also competing in the Cinefondation section, with Cristian Iftime’s “The Camp in Razoare”, and in the Semaine de la Critique section, with Paul Negoescu’s short film “Horizon”. In the ‘Workshop’ category under Cinefondation, Romanian director Adina Pintilie presents her project entitled “Don’t touch me”. Romania is also present in the Marche du Film section, an event that brings together around 10,000 participants from 100 countries every year.
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