PSD's calculation is clear: Ministry of Development means splitting money on political criteria (REPER's MEP Ciolos)

Business 12 June 2023 11:30

The Ministry of Development, Public Works and Administration means in fact the splitting of money left and right, based on political criteria, "at the whim of Marcel Ciolacu", while the real development project of Romania, the European funds, is of no interest to the social democrats, because there the money is granted on verified projects and there is monitoring of reforms, said REPER MEP Dacian Ciolos. CE Report quoting Agerpres

"Although he said that the political negotiations for the governmental rotation are suspended until solutions are found for the teachers on strike, Marcel Ciolacu announced that a new negotiation meeting with PNL [the National Liberal Party] and UDMR [the Hungarian Democratic Union of Romania] will take place today. I don't remember the education problem being solved, but I leave aside the lie of a few days ago. The head of the PSD has already got us used to his tricks to make him look responsible for a few days," Ciolos wrote on Facebook.

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December 2024 Inflation: Annual Rate at 2.1%, Monthly at 0.4%

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The National Statistical Institute (NSI) reported that in December 2024, the Consumer Price Index (CPI) indicated a 0.4% monthly inflation rate compared to October and a 2.1% annual inflation rate (compared to December 2023).

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The Hellenic Coffee Association recently held discussions with party representatives and Finance Minister Kostis Chatzidakis to address rising coffee prices and advocate for the reduction or cancellation of the Special Consumer Tax on unprocessed coffee in Greece.

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NSI President Anticipates Inflation Growth in Bulgaria Amid Rising Bread and Electricity Prices

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National Statistical Institute (NSI) President Assoc. Prof. Atanas Atanasov expects inflation in Bulgaria to rise due to increased bread and electricity prices, he told BTA.

National Bank of Moldova Raises Key Interest Rates to Curb Inflation

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The National Bank of Moldova (BNM) has increased its basic interest rate for short-term monetary policy operations to 5.6% annually, up from the previous 3.6%. The decision, made unanimously by the BNM Executive Committee at an extraordinary meeting, reflects the need to address inflationary pressures following recent tariff hikes.

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PSD's calculation is clear: Ministry of Development means splitting money on political criteria (REPER's MEP Ciolos)

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