Centrul Diplomatic/Diplomatic Center

Centrul de Studii Politice si Diplomatie/ Center for Political Science and Diplomacy

ROMANIAN ECONOMY IN 2012. ROMANIA IN DEEPENING CRISIS.

Monday 6 of February 2012 at the Institute of International Relations and Economic Cooperation headquarters was held the first conference of 2012: The evolution of Romanian economy in 2012.  The crisis will continue!

 The conference has joined economical experts from Romania and European Union, economical supervisors and personalities of political, economical and academic life of Romania.

Another example of Romanian economic success : street beggars

 2009 and 2011 – first years of economic crisis.

 The conference started with an evaluation of economic crisis impact in the period of the first years: 2009, 2010 and 2011.

In the first year of the crisis in Romania -2009- the economic crisis has affected the vital areas of economic life: the collapse has started with construction industry and construction material factories, collapse continued by the real estate market shrinking. Others affected sectors where: insurance, banking and stock exchange and in all the financial sector was strongly shaken down. The consumer confidence has fallen sharply and the Gross Domestic Product (GDP) has being reduced with 10% in 2010 and 8% in 2011.

 The decrease in our economy has being so devastating that we are below the 2000 level. Unfortunately the economic collapse of 2010 and 2011 has laid the foundation for a crisis without equivalent in Romanian history that will affect the country in 2012 and 2013.

 2011- The year of economic earthquake.

 2011 will be remembered without a doubt as the year of economic turmoil in Romania, had appreciated in one voice all the experts present at the gathering. First of all the 2011has being the year in which the Romanian economy had collected all the hard hits from all the economic collapse of the last years. The financial system has being especially hard hit and this had made the fragile Romanian economy to reach the breaking point. The inflation had resurfaced and the experts appreciate that a 10% percent yearly inflation is unavoidable.

The resurgence of inflation had put a dramatic pressure on population economy and had made any recovery unthinkable for the next 2-4 years. The collapse in economic system, the internal and external investments had being reduced to minimum, the credit on internal market has being practically suspended and all this had provoke for 2012 an economic decrease of more than 15% of GDP or even 18% of GDP after others opinions. A factor not to be neglected in amplification of the crisis is the governmental incompetence that by increasing the taxes, legislative chaos and a deliberate politics of destroying the middle class investors in the favor of big companies all did nothing ells than to aggravate the economic crisis.

 2012 – between crisis and slowing down economy.

 The 2012 will be a decisive year to slow down the economic collapse or to direct the economy in a new catastrophic decline. It must be very clear, all economic experts underlined, that the present economic decline will last for a decade at European level, so all those opinions that declared that Romania will start a new economic growth before the next 10 years; either don’t know what they are saying either is bluntly laying.

All the European statistics are speaking about the lost decade of Europe between 2010 and 2020 , term referring to the blocking of economic development at continental level and the frozen of present situation for a decade.

Those that are declaring that Romania will surpass in the period of economic crisis the France or Great Britain economy , are telling stories that are unbelievable , declared laughing Mihail Racaceanu – chief economist. What is important is to succeed that we have in 2012 a decrease in economy of less than 10% and in the interval between 2012 and 2015 to stop the decline and in 2020 to come back to pre-crisis year of 2007 and in 2050 at the pre-revolutionary level of 1989.

 In 2050 the Romanian economy will reach the level of 1989 as a historic economic reference year.

 This assessment was a strong one, keeping in mind that the pre-crisis governmental statistic declared that in 2025 Romania will succeed in recuperating the gap and reach the level of industrial activity prior to 1989 Revolution.

This perspective is no longer feasible, a new perspective is appearing after the crisis and after the lost decade and a cumulative GDP decrease of more than 60% from 2007 economy level.

This economic recession will be hard to recuperate in the context of nongovernmental involvement, the general economic climate of recession and finally the worst factor of all: the burden of external debt.

 External debt will plunge Romania into financial meltdown.

 The factor that will suffocate Romanian economy in the next period will be, after 2015, the foreign debt crisis.

The Boc government has careless accepted more than 36 billion dollars credit and in total the private and state debt of Romania is reaching the unbelievable sum of 95 billion dollars, this only if the government will no longer accept new loans.

But this perspective is an unrealistically  one as President Traian Basescu has announced new external loans for 2012 , that will surely bring Romania to being incapable to pay the foreign debt. Despite the writing on the wall in all of cases like Greece, Spain and Ireland, Romania is accepting new loan from International Monetary Fund, loans that will not be invested in developing and modernizing the economy but in pay offs for next parliamentary and presidential elections’. This consumer invested loans at extortionate interest rates will suffocate completely an ailing and failed economy as Romanian economy is.

Unemployment: with a rate of registered unemployment of more than 10% of the active population and with another 15% percent of the population already left out of the governmental unemployment aide Romania tops all the EU member countries with a real unemployment figure of more than 25% of the population. This figure must be put in perspective with more that 50% of the population below the poverty line and the full picture of the economic meltdown and social tragedy could be analyzed. Romania economy is in crises and no plans for a future development had not being adopted.

 

2012: The economic crisis is worsening.

 The conclusions of the most important economic experts of Romania where clear: the crisis is not over by far, but has entered in a more difficult faze that will affect financial and banking system and economic fundaments. The economic crisis will continue until 2015 at the earliest and a coming back cycle that will last until 2020. This decade will be without a doubt the lost decade of Romania but if the necessary measures are not rapidly taken to re-establish control on economic decline than we risk that Romania economy will not come back not even in 2020.

February 7, 2012 Posted by | Blackseanews Agency, Danube Delta, Diplomacy, Eastern Europe, Ecology, Economia Romaniei, Economy, Environment, Foreign policy, History, Informations, Institute of International Relations and Economic Cooperation, International Relation, Islam, Leaders, Mass media, News, Open Letter, OSCE-Organisation for Security and Cooperation in Europe, Politics, Relatii Internationale, Romanian economy, Romanian Foreign Policy, Romanian Revolution, Tourism, Travel, Universities | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

WHY IS TRINIDAD TOBAGO THE WORLD BEST TOURIST DESTINATION ? by Honorable Kamla Pershad Bissessar –Prime Minister of Government of Republic of Trinidad and Tobago

The award of World’s Best Tourist Destination will significantly assist in branding destination Trinidad and Tobago globally. We must change the perception of our country in the overseas markets. We must celebrate our country and work hard to sell our country abroad. It is anticipated that this award will open us to untapped European markets that are perhaps weary of the traditional leisure destinations and desire a more exciting vacation experience.

Honorable Kamla Pershad Bissessar –Prime Minister of Government of Republic of Trinidad and Tobago 

Date: Wednesday October 19, 2011

Venue: Regency Hall-  Hyatt Regency Trinidad

Time: 12.30pm

I am indeed truly humbled and deeply honoured to be standing here today to accept, on behalf of the People of Trinidad and Tobago, the World’s Best Tourism Destination Award for 2012 from the European Union Council on Tourism and Trade. A non-governmental organisation, this body has a wide ranging membership of tourism representatives within the European Union.

We were also declared the World’s Favourite Cultural Destination in 2012 by the European Union Council on Tourism and Trade.

It is my understanding that this award was unanimously given to Trinidad and Tobago primarily for our history of impressive cultural festivals, environmental conservation and biodiversity protection amongst other factors.

It is not an award that is traditionally given to well-established tourism destinations but it is the highest honour awarded to non-European Union countries that have embraced sustainable tourism as a tool for cultural and social development and that respect and preserve their cultural and natural heritage.

I extend my heartfelt thanks to the European Union Council on Tourism and Trade for having us join other distinguished winners of this award such as the United Arab Emirates, Syria and South Koreea.

But moreover, I thank the Council for recognising what most of us fail to acknowledge and value. And this is … Trinidad and Tobago is brim-full with tourism potential.

We are not the traditional sun, sea and surf destination. What differentiates us from the rest of our Caribbean neighbours is our diverse and rich natural, cultural and built heritage.

This People’s Partnership Government is seriously committed and dedicated to the development of the tourism industry in Trinidad and Tobago. Tourism is an incredibly important pillar in our national economic diversification effort.

We are not paying “lip service” to the industry as some may have done in the past. For too long tourism has been looked down on as a second class service sector.

We recognise that tourism is a business and fiercely competitive. Tourism requires skills, talent, enterprise and more importantly the support of government.

The award of World’s Best Tourist Destination for 2012 is important for several reasons.

Firstly, it facilitates the formation of closer linkages with Europe for tourism, trade and investment possibilities. The European continent, as in its colonial past, is a formidable trading partner especially with the fall of communism and the rise of new economic powers.

Europe is, and will certainly continue to be, a cornerstone for our international business.

Ladies and gentlemen,

The economic and social advancement of this beautiful twin island Republic of ours depends to a large extent on how well we develop and harness our resources. And one such untapped resource is that of tourism.

The award of World’s Best Tourist Destination will significantly assist in branding destination Trinidad and Tobago globally. We must change the perception of our country in the overseas markets. We must celebrate our country and work hard to sell our country abroad.

It is anticipated that this award will open us to untapped European markets that are perhaps weary of the traditional leisure destinations and desire a more exciting vacation experience.

Ladies and Gentlemen,

An important opportunity that this award presents is a platform to advance the commitments of the Economic Partnership Agreement (EPA).

As many of you may or may not be aware, in 2008 Trinidad and Tobago, along with its neighbours in the rest of the region, embarked upon a reciprocal trade agreement with one of our largest trading partners – the European Union (EU). The signing of the EPA signalled a shift in our trade and economic development.

We are now required to open our markets to Eastern Union manufacturers and service providers; but the EPA also provides market access for our country’s export of services to the European Union.

The Economic Partnership Agreement also speaks to specific disciplines on tourism services because of its importance to the social and economic development of the European Union and the Caribbean. These rules are complemented by a commitment to legally binding open market conditions for each other. For instance, the Europe Union has made commitments for travel agencies, tour operators, tourist guides services.

Trinidad and Tobago, on the other hand, have made commitments in relation to hotels and restaurants, marina services and spa services.

The EPA also includes measures that would make it easier for European Union investors to invest in the Trinidad and Tobago. This award, then, will provide a platform to attract increased investment and to promote growth and development in the tourism sector. The Economic Partnership Agreement is, therefore, rendered more relevant, more strategic and more focused on deliverables.

Honorable Prime Minister Kamla Pershad Bissessar receives WORLD BEST TOURIST DESTINATION AWARD  for 2012.

The World’s Best Tourism Destination award will, moreover, engender a measure of national pride amongst our citizenry and raise the level of public confidence in Trinidad and Tobago as a tourist destination.

We should be proud of our country and its tourism potential. We have so much to be proud of, so much to share with each other, and so much to show off to the rest of the world. Let us not doubt or question our intrinsic value.

In closing, ladies and gentlemen, I must take a moment to publicly acknowledge the hard work and sacrifices of our tourism community … the stakeholders in our midst. The last few years have been quite challenging for all in the tourism industry.

But rest assured that the tourism industry will get the backing it needs.

But we cannot do it alone. We have all to work together. The private sector in the lead but with government acting as a facilitator; supporting every step of the way.

I want to urge you to continue working with commitment, energy and enthusiasm for the betterment of the tourism industry.

I thank you. God’s richest blessings on us all.

October 24, 2011 Posted by | Blackseanews Agency, Diplomacy, Diplomatie, Eastern Europe, Ecology, Economy, Educatie, Environment, European Council on International Relations, History, Human Rights Council, Information on Korea, Informations, International Relation, Islam, Korea, Leaders, Mass media, Medical Tourism, News, Open Letter, Orient, Oriental Art, Politics, Real Eastate, Religion, Tourism, Travel, Trinidad and Tobago, Turism, Turism Medical, UNESCO Heritage List, WORLD BEST TOURIST DESTINATION AWARD | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

TRINIDAD AND TOBAGO – WORLD BEST TOURIST DESTINATION for 2012

On 9th of October 2011 in a public séance of the European Union Council on Tourism and Trade gathering, representatives of tourism organizations from EU members country it was debated the list of candidates for WORLD BEST TOURIST DESTINATION for 2012.

Professor Dr. Mircea Constantinescu, Director of European Tourism Academy, had presented a report on the last year situation of the Award for WORLD BEST TOURIST DESTINATION that was dedicated to United Arab Emirates and it was used accordingly with rules and regulations and have being proving highly efficient in attracting new tourists and investor attentions as United Arab Emirates was the ONLY country in the region that registered an increase in number of visitors despite tensions in the region.

On the debate for WORLD BEST TOURIST DESTINATION  AWARD FOR 2012 professor dr. Anton Caragea , President of European Union Council on Tourism and Trade ( ECTT) presented the report titled : TRINIDAD AND TOBAGO : A SUCCESS STORY IN TOURISM proposing TRINIDAD AND TOBAGO as the winner of WORLD BEST TOURIST DESTINATION FOR 2012.

Among the reasons for awarding WORLD BEST TOURIST DESTINATION FOR 2012to TRINIDAD AND TOBAGO the report outlined:

   –  Respecting cultural patrimony and traditions in offering to tourists a possibility to participate in impressive paraphernalia festivals such as: Holi, Hosay, Divali, Corpus Christi, Eid Al Fitr and special Tobago Heritage Festival Tobago Fest and Trinidad GREATEST SHOW ON EARTH etc.

Keeping alive spiritual traditions , integrating tourist and visitors in the atmosphere of the islands , offering possibility of an enriching cultural experience are achievements that transform Trinidad and Tobago in a spiritual destination of first hand.

–                      Promoting Trinidad and Tobago environmental protection, especially East Coast natural patrimony of wetlands, beaches and ecological and geographical biodiversity that make Trinidad and Tobago unique in the region. Supporting a new concept of tourism friendly to nature, with low nature impact and preservation of natural biodiversity and protection of endangered species and areas, especially rainforest eco-climate.

–                      Offering to tourists not only cultural experience or relaxation opportunities but also the possibility to explore nature , to contribute to ecological preservation and the opportunity to observed in Tobago the impressive Forest Reserve are model achievements in ecological tourism that must be world appreciated.

–                      The continuous development and protection of cultural and historical patrimony of Trinidad and Tobago, the transformation of Port of Spain in an historical center offering to the visitor a glimpse into rich culture of Trinidad and Tobago and Caribbean heritage.

–                      Offering to the tourist a large area of cultural and ecological impressive programs such as: Wildlife Photography in places such El Tucuche Reserve, Valencia Wildlife Sanctuary, Caroni Bird Sanctuary. Cave exploration(in splendid places such as Gasparee Caves).Cycling, Hiking (Argyle Waterfall –a special destination), Kayaking (Paria bay and Tobago area).

For all this reasons European Union Council on Tourism and Trade decided, unanimously, to award WORLD BEST TOURIST DESTINATION FOR 2012 TITLE TO TRINIDAD AND TOBAGO and to declare TRINIDAD AND TOBAGO- FAVORITE CULTURAL DESTINATIONS in 2012.

It was also presented the Official Invitation, on behalf of Ministry of Tourism of TRINIDAD AND TOBAGO for a delegation of European high ranking official of European Union Council on Tourism and Trade, to present the WORLD BEST TOURIST DESTINATION AWARD in Port of Spain, in person, to His Excellency Minister of Tourism DR. RUPERT GRIFFITH.

Awarding the highest tourism distinction of European Union Council on Tourism and Trade, the invitation for an working visit of high ranking members of European Union Council on Tourism and Trade in TRINIDAD AND TOBAGO are estimated by European tourism experts as a good example of close tourism relations and mutual appreciation   between European Union and Trinidad and Tobago, said at the end of the meeting Professor Anton Caragea, President of European Union Council on Tourism and Trade.

October 13, 2011 Posted by | Tourism, Travel, Turism, Turism Medical, UNESCO Heritage List, United Nations Global Compact, Universitati, Universities, World Social Forum | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

WORLD SPEAKS WITH A UNITED VOICE: WE SUPPORT PRESIDENT BASHAR AL ASSAD AND SYRIA

President Assad is saluted by world leaders as the representative  of Syrian unity  

MOSCOW, BUENOS AIRES, BUCHAREST, BRUSSELS,   BEIRUT, DAMASCUS, (SANA) – Vladimir Zhirinovsky, Russian Duma Deputy Speaker, voiced Russia’s dismay at bids of foreign interference in Syria’s internal affairs.

In press statements aired yesterday by the Syrian Satellite TV, Zhirinovsky rejected foreign interference in the Syrian affairs as ‘unacceptable’ aiming to destabilize Syria.

Zhirinovsky reiterated Russia’s stand by Syria blasting western powers’ attempts to weaken the Arab World as to continue exploiting Arabs’ resources.

For his part, Leonid Ivashov, President of Geopolitical Affairs Academy in Moscow, pointed out that the targeting of Syria is to deny it the continuation of its development as an independent prosperous country.

Semen Bagdasarov, a Duma member, described the events taking place in Syria as a revenge by the USA and Israel against Syria, who defeated the US prejudiced schemes and plots in the Middle East.

In Buenos Aires, Argentine, Fia-Arab Organization, underscored full solidarity with Syria against the conspiracy targeting its security and stability.

In a statement, Fia-Arab Organization said that the foreign conspiracy, behind which the American Imperialism and Zionism stand, against Syria’s stability and security would also mean the destabilization of Lebanon, Palestine and other neighboring states.

In Lebanon, Kamal al-Khair, President of the National Center in North Lebanon, described the ongoing events in Syria as a ‘political vengeance’ and as a ‘political struggle’ because of the Syrian pan-Arab nationalist and resistance stances.

Abdul al-Rahim Mourad, President of the Unity Party in Lebanon, asserted that Syria under the leadership of President Bashar al-Assad would foil the foreign conspiracy being batched against it.

General Jamil Al-Sayed, former General Director of Lebanese Security, asserted that Syria’s possession of many pivotal cards at the regional level have angered many Arab and international powers, asserting that Syria would defeat the conspiracies and plots hatched against it.

Bucharest, (SANA)-The European Council on International Relations and the International Relations and Economic Cooperation Institute expressed support and solidarity with Syria against the incitement campaign targeting it, which includes all forms of lies, fact-twisting and manipulation of the events which took place in Syria.

This came in a message conveyed by President of the European Council on International Relations and Director of Institute of International Relations and Economic Cooperation Anton Caragea to the Syrian Embassy in Bucharest.

The message included a statement issued at the conclusion of an extraordinary meeting held jointly by the Council and the Institute board of directors on April 27-28, which sends a strong message of support to the Syrian people and its national unity.

In their capacity as representatives of the intellectual Romanian society, the participants voiced full support to the Syrian leadership and people and backing for Syria’s unity, as they condemned vandalism acts in some Syrian provinces, describing the interference of the Syrian security forces as legitimate and legal.

The statement lambasted media which stirs chaos, vandalism and killing in Syria, stressing that the Syrian leadership is committed to the process of reforms and that President Bashar al-Assad enjoys trust and represents the Syrian people’s unity.

The statement concluded by reiterating standing by Syria and rejecting interference in its internal affairs, affirming that ”Romania’s support to Syria amounts to its support to its own people.”

May 6, 2011 Posted by | Al Quds, Bashar Al Assad, Blackseanews Agency, Comunitatea Musulmana din Romania, Damascus, Diplomacy, Eastern Europe, Ecology, Economy, Environment, European Council on International Relations, Foreign policy, History, Human Rights Council, Ierusalim - Al Quds, Informations, Institute of International Relations and Economic Cooperation, Institutul de Relatii Internationale si Cooperare Economica, International Relation, Islam, Latin America, Leaders, Mass media, Ministerul Afacerilor Externe, News, North Atlantic Treaty Organization, Open Letter, Orient, Oriental Art, OSCE-Organisation for Security and Cooperation in Europe, Palestine, Politics, President Bashar Al Assad, Real Eastate, Relatii Internationale, Religion, Romanian economy, Romanian Foreign Policy, Russia, Russian Affairs, Socialism, Syria, Syrian Revolution, United Arab Emirates, United Nations Global Compact, United States, Universities | , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment