Articole scrise de Cristian Pantazi, adapt. V.O.


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1.UPDATE EU Summit: Van Rompuy's new proposal - more radical than before, pushes for EU budget cut by E200 bln. President Basescu calls for significant rise of direct payments to Romania farmers Romanian President Traian Basescu has demanded "imperatively" a significant rise in allocations for direct payments to Romanian farmers, during his talks with European Council president Herman Van Rompuy on Thursday, European sources told HotNews.ro. The talks come as EU leaders start marathon talks in an attempt to reach a compromise on the EU's 2014-2020 budget, with Germany and others saying they would not dismiss the possibility of failure.UPDATE A new proposal pushed by Herman Van Rompuy is even more radical than the previous one, which called for an E80 billion cut. European sources told HotNews.ro that the head of the European Council has now proposed a EU budget cut of E200 billion - the amount demanded by Britain. The reduction would be applied to European Commission proposed budget of E1,047 billion.
2.Chevron takes hit as Romania's designated Ponta Government plans immediate moratorium on shale gas exploitation The governing program of the government formed by Romania's designated prime minister Victor Ponta, which was submitted in the Parliament on Thursday evening, mentions the immediate introduction of a moratorium on shale gas exploitation until developing European-level studies on the impact of hydraulic fractioning procedures on the environment are concluded. The Ponta Government, formed after incumbent PM Ungureanu's government was voted out of office a week ago, is due to be approved by the Parliament next week.


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