logo
Romanian officials reroute flooded stream away from Praid salt mine

Romanian officials reroute flooded stream away from Praid salt mine

Reuters03-06-2025
BUCHAREST, June 3 (Reuters) - Romanian officials were rerouting a stream in central Romania to prevent further flooding of the Praid salt mine, one of Europe's largest salt reserves and a crucial tourist attraction, after parts of its floor caved in.
Authorities evacuated 45 households near the mine areas at risk of collapse after the worst floods in 30 years in the central Romanian county of Harghita have swollen the nearby stream.
While part of the mine has been producing salt, with an annual production capacity of around 70,000-100,000 metric tons, its huge galleries and medical centre attract half a million tourists each year.
On Monday, the government approved support schemes worth 300 million lei ($67.82 million) for immediate help to the state-owned mine as well as up to 200 local companies that will be affected from the loss of tourism.
European experts were also expected on site to assess potential solutions to save the mine.
($1 = 4.4234 lei)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tories demand Reeves ‘urgently rule out' investment tax hikes
Tories demand Reeves ‘urgently rule out' investment tax hikes

North Wales Chronicle

timean hour ago

  • North Wales Chronicle

Tories demand Reeves ‘urgently rule out' investment tax hikes

The Tories claim scrapping the £500 dividend allowance will drag an estimated 5.22 million more people into paying investment levies. The party is seeking to pile pressure on ministers after a memo sent by Angela Rayner to Ms Reeves, in which the Deputy Prime Minister suggested a series of tax hikes, was leaked to the press. In the document, Ms Rayner proposed removing the dividend allowance to raise around £325 million a year in revenue, as well as axing inheritance tax relief for AIM shares and increasing dividend tax rates, the Telegraph reported. Shadow chancellor Mel Stride said: 'The Government need to urgently rule out these tax hikes on savers and investors before speculation causes further economic harm. 'Labour don't understand how business works and how to create growth. More taxes on investment, entrepreneurship and saving are the last thing our economy needs right now.' The Government's U-turns over welfare reform and winter fuel payments have left the Chancellor with a multibillion-pound black hole to fill, fuelling speculation that she will seek to raise revenue through tax hikes. The Tories claimed axing the dividend allowance would drag 'an estimated 5.22 million more people into paying dividend tax'. This figure appears to be based on an assumption that at least 8.82 million people in the UK hold shares that pay dividends. Some 3.6 million are already subject to dividend tax, according to data obtained by investment platform AJ Bell through a Freedom of Information request. The Chancellor last year said she would not be 'coming back with more borrowing or more taxes' after her first budget but has since refused to rule out raising specific levies, saying it would be 'irresponsible' to do so. A Labour Party spokesperson said: 'The Conservatives have some brass neck. They've still not apologised for the damage caused by the Liz Truss mini-Budget, nor the £22 billion black hole they left – which hammered firms and families across the country. 'Labour is doing more to support business than the Tories ever could. 'We've already delivered three historic trade deals and four interest rate cuts – to reduce costs and put money back in people's pockets.'

Class warfare is back under this spiteful government – and we will ALL end up paying a ruinous price: LEO MCKINSTRY
Class warfare is back under this spiteful government – and we will ALL end up paying a ruinous price: LEO MCKINSTRY

Daily Mail​

time2 hours ago

  • Daily Mail​

Class warfare is back under this spiteful government – and we will ALL end up paying a ruinous price: LEO MCKINSTRY

The current government is increasingly running not on a desire to improve the country, or out of any kind of political mission - but on sheer spite. Having failed to achieve the elusive economic 'growth' he and his inept Chancellor Rachel Reeves promised before the election, Sir Keir Starmer is now trying to revive his fortunes by stoking class envy.

Tories demand Reeves ‘urgently rule out' investment tax hikes
Tories demand Reeves ‘urgently rule out' investment tax hikes

Powys County Times

time2 hours ago

  • Powys County Times

Tories demand Reeves ‘urgently rule out' investment tax hikes

The Conservatives are demanding Chancellor Rachel Reeves 'urgently rule out' raising shares taxes in the autumn budget, claiming that leaving investors 'in limbo' will damage the economy. The Tories claim scrapping the £500 dividend allowance will drag an estimated 5.22 million more people into paying investment levies. The party is seeking to pile pressure on ministers after a memo sent by Angela Rayner to Ms Reeves, in which the Deputy Prime Minister suggested a series of tax hikes, was leaked to the press. In the document, Ms Rayner proposed removing the dividend allowance to raise around £325 million a year in revenue, as well as axing inheritance tax relief for AIM shares and increasing dividend tax rates, the Telegraph reported. Shadow chancellor Mel Stride said: 'The Government need to urgently rule out these tax hikes on savers and investors before speculation causes further economic harm. 'Labour don't understand how business works and how to create growth. More taxes on investment, entrepreneurship and saving are the last thing our economy needs right now.' The Government's U-turns over welfare reform and winter fuel payments have left the Chancellor with a multibillion-pound black hole to fill, fuelling speculation that she will seek to raise revenue through tax hikes. The Tories claimed axing the dividend allowance would drag 'an estimated 5.22 million more people into paying dividend tax'. This figure appears to be based on an assumption that at least 8.82 million people in the UK hold shares that pay dividends. Some 3.6 million are already subject to dividend tax, according to data obtained by investment platform AJ Bell through a Freedom of Information request. The Chancellor last year said she would not be 'coming back with more borrowing or more taxes' after her first budget but has since refused to rule out raising specific levies, saying it would be 'irresponsible' to do so. A Labour Party spokesperson said: 'The Conservatives have some brass neck. They've still not apologised for the damage caused by the Liz Truss mini-Budget, nor the £22 billion black hole they left – which hammered firms and families across the country. 'Labour is doing more to support business than the Tories ever could. 'We've already delivered three historic trade deals and four interest rate cuts – to reduce costs and put money back in people's pockets.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store