Ana Birchall (photo), who is to take over the European Affairs portfolio, has the largest fortune in the future Cabinet. She has financial investments abroad estimated to EUR 23 M, but also money in accounts exceeding USD 230,000. She also has two apartments in the USA, a 250-sqm house in Connecticut and a 180-sqm apartment in New York, but also two apartments in Bucharest and a villa in Suceava.
She is married to a British citizen, whom she met in the USA where Ana Birchall graduated Yale Law School.
Birchall is not the only member of the future Cabinet who has properties abroad. Sevil Shhaideh, proposed for the Development Ministry and deputy prime-minister, has three houses in Syria, the country where her husband comes from.
Alexandru Petrescu, the head of the Romanian Post, nominated as Economy minister, owns a house in the UK. Petrescu has the highest annual incomes among the nominated ministers, mounting to almost RON 31,000 per month. Petrescu has worked for more than 10 years in the UK. He was executive manager at Business Development la KfK Ltd, Kent, Director Business Development at Chequepoint Ltd, London, director for Europe, Business Development la Advanced Payment Solutions Ltd, London UK & Europe and also vice-president at Raphaels Bank in London.
Other ministers have strong bank accounts, such as Pavel Nastase, nominated for the Education Ministry. An academic, former rector of the Economic Studies Academy in Bucharest, Pavel Nastase is one of the best-paid teachers in Romania. He has 11 RON, USD and EUR deposits, totaling more than EUR 2 M.
Jewelry seem to be a major investment for other ministers to be. Olguta Vasilescu, proposed for the Labour Ministry, has jewelry worth EUR 10,000 and Razvan Cuc, proposed for Transport Ministry, owns jewelry worth EUR 25,000.
Other ministers boast inheritances. Serban Valeca, nominated for the Research ministry, inherited two plots of land and two houses.
Other ministers to be say thwy have no fortune and they live by their work, such as Marius Dunca, proposed for the Youth Ministry and Augustin Jianu, for Communications.
Some other nominated members of the Cabinet have significant debts to the banks or private persons. Daniel Constantin, ALDE co-chairman, nominated for the Environment Ministry, has to pay back EUR 195,000 and two loans worth RON 143,000. Viorel Stefan, proposed for the Finance portfolio, is owing USD 110,000 and has two credits worth RON 1.38 M.
On the opposite side, PM designate Sorin Grindeanu lent RON 83,500 and then EUR 20,000. One of the loans was lent to a private company where his wife is a shareholder.
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