Weekly Policy and Political Report September 5 - 12, 2017
On Tuesday, September 12, Liviu Dragnea announced PSD’s proposal for the vacant seat of Minister of Defense, Mihai Fifor, current Minister of Economy, after consultations with PM Mihai Tudose in the ruling coalition. Social Democrats proposed Gheorghe Șimon for the position of Minister of Economy. Priorities listed by the proposed Minister of Economy include the Mining Law and legislation on royalties and mineral waters.


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Progress Report on Fiscal Policies August 29 – September 5, 2017
Following the previous debacle concerning the Pensions’ Pillar II, Prime Minister Tudose presented 3 options: “Keep it as it is and only to change the commissions charged today by the private administrators – because, I repeat, they are exaggerated – the second variant to diminish the share of contributions to Pension Pillar II in favor of Pillar I and the third one – make it optional. They are to be presented by the Ministry of Finance when they will be ready (…) Next week, we will have the simulations completed,” Tudose said in a TV interview.  


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Weekly Policy and Political Report August 29 – September 5, 2017
The Parliament convened in the second leg of this year’s legislative session on Friday, September 1, followed by restarting the activity in the specialized committees the following week, on Tuesday, September 5, 2017. The ordinary legislative session coincides with an overabundance of crucial and potentially controversial policies, as well as rumors (albeit fueled by the members of the cabinet or governmental sources quoted in the national media) on attempts to take over Pillar II pension fund, or to break ground at the Roșia Montana gold mines.


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Progress Report on Fiscal Policies, August 21 – 29, 2017
The main story of the last week’s financial overview is Government’s alleged plan to transfer part of the contributions from the mandatory private pension funds (Pillar II) to the public pension system (Pilar I), reducing the contributions to the second pillar from 5.1% to only 2.5%. According to economic publication Profit.ro quoting governmental sources, the plan was announced by FinMin Mișa during a meeting with the representatives of the Professional Association of the Private Pension Managers (APAPR) and is set to be enforced starting next year.  


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Weekly Policy and Political Report, August 21 - 29, 2017
Sunday, August 27 marked another rally against proposed changes to the justice system. Hundreds of people in the major cities, as well as 1500-3000 protesters in Bucharest took to the streets against the measures proposed by the Ministry of Justice in the Draft Bill amending the Justice Laws. Apart from the Justice Laws, the proposed super-excise on fuel as well as the changes in the Pillar II pension system were the main issues raised by the protesters, who just as past winter demanded the PSD Government to resign.


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