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RADOR: News from Romania, 97-09-23
September 23, 1997
CONTENTS
[01] Government Ordinance on Setting Up the National Air Company TAROM S.A.
[02] Meetings Between Government Officials and World Bank Representatives
[03] Press Conference of Romanian Foreign Minister Severin
[04] Weather in Romania
[05] Currency Rates
[01] Government Ordinance on setting up the National Air Company S.A.
The Senate passed on Monday the draft law on the endorsement of the
Guvernment Ordinace #45/1997 concerning the setting up of the National Air
Transport Company S.A. as a Commercial Corporation. Attending the talks,
Romanian Transport Minister Traian Basescu stressed that the current
normative document supports TAROM Company for becoming a competitive
company which can avoid bankrupcy. Mr. Basescu has also declared that the
Transport Ministry will take over only the parts of social capital under
State Ownership Fund (FPS) administration when the Ordinance will come in
force and not those administrated by Financial Investments Society
Muntenia. Thus, he denied rumours concerning the virtual nationalisation of
TAROM Company. RADOR, September 23
[02] Meetings between governmEnt officials and World Bank Representatives
Victoria Palace in Bucharest, Romanian Prime Minister Victor Ciorbea,
Finance Minister Mircea Ciumara and government advisors had a first their
first meeting with Mr. Kenneth Leigh, World Bank Director for Romania and
Bulgaria. During the meeting, where the access of the press was denied,
this week agenda was decided. In a statement, Government advisor Liviu
Manaila said that the next meeting will take place on Thursday, when
previous Romania-World Bank programmes were to be discussed. The Thursday
meeting will decide if the programmes are to be updated according to
Cabinet priorities. RADOR, September 22
[03] Press conference of Romanian Foreign Minster Severin
Romanian Foreign Minister Adrian Severin has given a press conference and
presented the main issues that the Romanian delegation is going to raise at
the 52-nd session of the UN General Assembly. He said he will participate
at the double capacity as foreign minister of Romania and as executive
president of the International Conference of New and Restored Democracies
which took place in Bucharest recently. In his address to UN headquarters
in New York on Wednesday, Mr. Severin will point out that the UN reform
should not be confined to a simple excercise of cutting down on costs but
must result in an increased efficiency of the organisation. The Romanian
delegation will warn against the consequences arising from a lack of
consolidated state strucuture in certain countries in the world. Romania
will also try to explain the concept of post-transition. RRI-RADOR,
September 23
[04] Weather in Romania
Weather in Romania will be colder but still sunny in most of the country.
Some rains are forecast in the mountains and north-western regions.
Temperatures will range from 6 centigrades in the morning and 20
centigrades at noon. RADOR, September 23
[05] Currency rates
1 USD = 7,556 lei; 1 DEM = 4,247 lei; 1 CHF = 5,160 lei; 1 FRF = 1,265 lei;
1 GBP = 12,134 lei; 1 XEU = 8,332 lei. RADOR, September 23
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