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| Newsflash 13.04.2013 |
| (2013-04-13) |
| Last updated: 2013-04-14 14:02 EET |
Land and buildings nationalized in communist Romania will be returned only to the former owners or their descendants, reads the new draft law regarding the return of seized properties, for which the government will assume responsibility before Parliament on Wednesday. Prime Minister Victor Ponta claims that the previous provisions benefited those who purchased the litigious rights, to the owners’ detriment. The amendments to the law regarding the properties abusively confiscated by communists were brought as a result of the many complaints filed by Romanian citizens at the European Court of Human Rights. The damages to be paid to the former owners account for 70% of the state’s debts and will be paid in installments. The owners’ associations have criticized the much too delayed start of payments, namely 2017.
Romania will receive 45 million Euros from the EU Cohesion Fund, for a flooding prevention project. The total cost of the project stands at 63 million Euros, and the difference will be covered from the state budget. According to the Radio Romania News correspondent to Brussels, the project will protect some one and half million citizens in areas exposed to flooding.
The employees of the Oltchim Ramnicu Valcea petro-chemical works in southern Romania, which is currently in a state of insolvency because of its huge debts, have ended three weeks of protests, after they got their overdue salary payments. The situation of the company, which is on the list of state-owned companies that are to be privatised, is extremely difficult. The employees will be made redundant starting April 22nd.
The Grand Prize of the International Exhibition of Inventions in Geneva went to a Romanian company, for a plane scanning device. It is the only system that can fully scan any type of plane, to find counterfeited or smuggled objects, drugs, explosives, arms, big amounts of money and people with hidden identities. The winner, MBTelecom is the only company in the world that has won the prize twice in the show’s 41 years of existence. Another eight Romanian inventions were awarded this year at the exhibition, which gathered inventors from 45 countries.
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