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RADOR: News from Romania, 97-10-07
October 7, 1997
CONTENTS
[01] PNT-CD Vs. Romanian Foreign Minister Adrian Severin
[02] Press Conference of the BNR Governor
[03] IBRD Loan to Romania
[04] A Political Debute
[05] Weather in Romania
[06] Currency Rates
[01] PNT-CD vs. Romanian Foreign Minister Adrian Severin
The leadership of the Christian Democratic - National Peasant Party (PNT-
CD), the main party in the Romanian governing coalition, said on Monday
that they will ask for the dismissal of Foreign Minister Adrian Severin
unless he can prove the accusations he made against a number of party
leaders and newspaper directors as alleged spies of foreign secret
services. Mr. Severin is one of Democratic Party (PD) leaders, the most
important coalition partner of the PNT-CD. He had made those accusations
last Monday, referring to the evidence he would have seen. PNT-CD Scretary
General Radu Vasile said that, without naming the incriminated persons and
making public that evidence, the foreign minister has raised suspicions in
the Romanian public opinion putting the current political regime under
doubt. However, Mr. Radu Vasile said that a decision over Mr. Severin would
be made within the governing coalition. RRI-RADOR, October 7
[02] Press conference of the BNR Governor
During his press conference on Monday, the Governor of the Romanian
National Bank (BNR) Mugur Isarescu presented some of the decisions made at
the IMF and World Bank annual reunion on late September. The main decision
of this reunion regarded the increase of Romania's IMF part from 754.1
million DTS up to 1,100 million, around 1.5 billion dollars. During the
meeting, there has been a stress over the fact that a strong banking system
requires all banks with problems to be driven out of the system in order to
allow an effective economic policy to be operative. The governor of the
Romanian National Bank also said that all IMF performance requirements have
been fulfilled until September 30 and that the BNR hard currency reserve
were then up to 2.6 million dollars with growing chances to raise up to 3
billion dollars until December 31. Speaking about the exchange rates, the
Governor said he believes "the short term dynamics of the leu exchange rate
would not make national currency investments to prove less productive than
foreign currency ones. RADOR, October 7
[03] IBRD loan to Romania
IBRD granted Romania a 70 million dollar loan for the rehabilitation of
some 900 pre-universitary education units with serious quake caused
damages. Quoting the Romanian finance minister said that he 20 year loan
would cover 54% of the total 130 million dollar expenses. Other 11% of the
expenses are to be covered by the loan granted to Romania by the Social
Development Fund of the Council of Europe and the last 35% are to be
covered from the state budget. RADOR, October 7
[04] A political debute
Former head of the Romanian Intelligence Service (SRI) Virgil Magureanu
made his official debute in political life joining te New Romania Party - a
non-governmental group. Aged 57, Mr. Magureanu resigned in April, more than
seven years he had been appointed head of the SRI. He was seen as an aid of
former Romanian president Ion Iliescu and he was accused primarily for
having hidden his involvement in the political police of the 70s, the
Securitate. He also allegedly ordered the taping of phone calls made by
several journalists and politicians who opposed Ion Iliescu. Virgil
Magureanu is a graduate of the Academy of Political Sciences. RRI-RADOR,
October 7
[05] Weather in Romania
Weather in Romania remains warm and sunny in most of the country.
Temperatures will range from centigrades in the morning to 23 centigrades
at noon. RADOR, October 7
[06] Currency rates
1 USD = 7,661 lei; 1 DEM = 4,360 lei; 1 CHF = 5,287 lei; 1 FRF = 1,297 lei;
1 GBP = 12,393 lei; 1 XEU = 8,537 lei. RADOR, October 7
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