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Monday, January 24, 2005
Business in Romania blog
The Social Democrat Party (PSD) has accused PM Calin Popescu Tariceanu of entering an conflict of interest after signing an emergency ordinance regarding the stimulation of car renewal throughout the country, said the Party's Friday release.

PSD believes that car importers' entering the newly stipulated car park expansion program could lead Tariceanu to conflict of interest as he owns shares at a company dealing in such a business.

The original ordinance refers to car makers in general, while the revies ordinance approved on Friday refers to car makers, importers and suppliers.

The party asked Tariceanu to resolve this conflict of interest. They added that the ordinance was modified on the request of the Car Makers' and Importers' Association, where the current prime minister is on the Board of Managers.

According to the ordinance, an owner of a care over 12 years old can claim 30 million ROL (750 euros) to scrap the car and buy a new one.

Posted by Iulia Rasoiu : 1/24/2005 03:24:00 pm Prime minister accused of conflict of interest
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