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President Iohannis: I will convene referendum on 26 May

Friday, March 29, 2019

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President Klaus Iohannis announce on Thursday that he will convene a referendum on 26 May."It's certain. I will convene a referendum on 26 May, because this cannot go on. The PSD [the Social Democratic Party] continues the assault on justice," President Iohannis stated at the Cotroceni Presidential Palace. The President underscored that the PSD "should cease" the "permanent" attacks on justice and this party members should understand "that justice is ...

Bucharest readies new ‘whitewashing’ emergency decrees

Friday, March 29, 2019

Romania’s government is preparing new emergency acts as a means to change the Criminal Code and allow high profile convicts to request sentence annulments, euractiv.com informs. Moreover, it appears the Executive has requested Brussels’ approval on these changes. However, HotNews.ro reports that the EU Commission says the acts do not respect the recommendations of the EU executive and the Venice Commission. On Thursday, Commission ...

PM Dancila allegedly has promised EC First Vice-president Timmermans not to adopt GEO on Criminal Codes on Friday

Friday, March 29, 2019

Prime Minister Viorica Dancila has promised to the European Commission First Vice-president Frans Timmermans not to adopt, during the Government sitting on Friday, any ordinance regarding the Criminal Codes. Political sources have told ziare.com that the two officials have had a phone conversation, with the Romanian Premier making the promise. In exchange, the negotiations with the CVM exports in Brussels will continue. The ...

CSM's Prosecutors' Section: Emergency not justified in modification of criminal and criminal procedure codes

Friday, March 29, 2019

The Prosecutors' Section of the Supreme Council of Magistracy (CSM) believes there is no emergency right now in the modification of the criminal and criminal procedure codes, reads a release of the CSM posted on this institution's Website."The Section underscored that the adoption of such modifications, without a proper assessment of its impact and without consulting the magistrates, can negatively impact the activity of the prosecutors' offices, with repercussion ...

Ambassador Stella Ronner-Grubacic discusses with JusMin Toader on ordinances amending Criminal Codes

Friday, March 29, 2019

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Stella Ronner-Grubacic, Ambassador of the Netherlands to Romania, had a meeting with Justice Minister Tudorel Toader on Thursday, expressing concern over the amendment to the Criminal Codes by emergency ordinances.This meeting is part of a regular dialogue with the Ministry of Justice. As you know, there are many discussions about one or several emergency ordinances. I could say that I had a very good meeting with the minister and I conveyed our concerns. We have ...

Opposition asks President Iohannis to attend the Gov’t sitting to prevent the adoption of GEO on Criminal Codes

Friday, March 29, 2019

The USR-PLUS Alliance (opposition) believes that President Klaus Iohannis should attend the Government sitting having on the agenda the emergency ordinances on amending the Criminal Codes, in order to block the adoption. USR leader Dan Barna has sent a letter to Prime Minister Viorica Dancila whereby he calls on her to give up the adoption of the two ordinances. A similar document was sent to the European partners, ziare.com ...

A new law would restrict the right to notify CCR

Friday, March 29, 2019

The Chamber of Deputies (Romanian Parliament’s lower chamber) has adopted on Wednesday a draft law initiated by Social Democrat MP Florin Iordache that establishes a deadline of 15 days the most for which the Parliament’s resolutions can be referred to the Constitutional Court. Opposition parties PNL and USR announced they would notify CCR over this bill if the Senate passes it The Chamber of Deputies passed ...

Court denies motion against European Commission's Timmermans

Friday, March 29, 2019

Romania's Supreme Court's Justice Crime Investigation Division (SIIJ) has ordered the closing of a case that targeted, among others, First Vice-President of the European Commission Frans Timmermans."The Justice Criminal Investigation Division of the Prosecutor's Office attached with the Supreme Court of Justice on March 27, 2019, ordered closed a criminal case generically called 'Timmermans' involving the offence of abuse of office, as described by Article 297 in ...

FinMin Teodorovici: amendments to Ordinance 114 based on BNR's data, endorsed by BNR

Friday, March 29, 2019

The latest amendments to the Ordinance 114 are based largely on the data submitted by the National Bank of Romania (BNR), an institution that has greenlighted the document in its current form, Finance Minister Eugen Teodorovici said Thursday after a meeting of the Economic and Social Council (CES)."I can tell you clearly that today, ROBOR is at over 3pct, 3.23pct the 3M ROBOR. In transactions, the new benchmark is 2.60pct, a negative difference. We have very much ...

PwC: If tax on financial stock applied for 5 years, bank could recover losses in 37 years

Friday, March 29, 2019

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Banks could recover their losses in 37 years if Order 114 is applied in the present form,with taxes on bank stock for 5 years, said Dorian Farkasm senior manager for Management Consulting at Pricewaterhouse Coopers (PwC). “If we look for the causes and decrease of this financial intermediation , one of these causes is the unpredictability of the law, the order we are speaking about today being one of the laws which  increase the perception ...

Romania, Japan agreed a cooperation accord on exchange of experience în communication infrastructure

Friday, March 29, 2019

Romania's and Japan's Communication Ministries agreed to conclude a cooperation accord regarding the exchange of experience and good practices, in view of developing the Society 5.0 concept of communication infrastructures for future technologies and cyber-security, Communication Minister Alexandru Petrescu stated on Thursday after the meeting in Bucharest with Japan's Ambassador to Romania Hitoshi Noda."At international level, the digital transformation registers ...

Free Trade Agreement between European Union and Vietnam, supported by Romania

Friday, March 29, 2019

A trade agreement between the European Union (EU) and Vietnam eliminating a significant number of custom taxes will bring new advantages to the business milieus in these two areas, the Ministry for Business Environment, Trade and Entrepreneurship (MMACA), informed on Thursday in a press release.The signing of the trade agreement and the organisation in Bucharest of a Romanian-Vietnamese business forum were the main topics approached at today's [Thursday] meeting ...

TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD MARCH – MAY 2019

Friday, March 29, 2019

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Growth of activity in construction and trade Relative stability in the number of employees in industry and services Price growth in construction and retail trade Construction and trade activity will register an advance in the next three months, as well as prices in these sectors, while ...

In the fourth quarter of 2018, the employment rate for the working age population (15-64 years) was 64.5%

Friday, March 29, 2019

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In the fourth quarter of 2018, the employment rate1 for the population aged 20-64 years was 69.5%, at a distance of 0.5 percentage points of 70% established in the context of the Strategy Europe 2020. In the fourth quarter of 2018, the economically active population of Romania was 8956 thousand persons, out of which 8588 thousand were employed persons and 368 thousand unemployed ...

Romania-France Season to start on April 18 with the Spotlight International Light Festival

Friday, March 29, 2019

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The Romania - France Season that will open in Romania on April 18 with the Spotlight International Light Festival will feature a series of exhibitions, theater and film festivals and concerts to be held in over 30 cities.France's ambassador to Romania Michele Ramis said on Thursday that the Season was a huge success in France and announced that it will open in Romania on April 18.The Romania - France relationship will be continued by the new ...

President Iohannis met judiciary officials to discuss on state of play in Romania's judiciary

Thursday, March 28, 2019

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President Klaus Iohannis and representatives of the judiciary and magistrates' professional associations concluded a meeting at Cotroceni Palace on Wednesday on the current state of play in Romania's judiciary after almost one and a half hours of talks.At the beginning of the meeting, President Klaus Iohannis said the talks are about justice and justice legislation."One remark to the general public and obviously to my guests: today, we are talking ...

Augustin Lazar requires CSM to verify Adina Florea for misconduct in connect to the TELDRUM file

Thursday, March 28, 2019

The general prosecutor Augustin Lazar requires the Superior Council of the Magistrates to verify possible misconduct committed by the deputy head prosecutor of the Section for Investigation of the Justice Offences Adina Florea in connection with the request for the Tel Drum file from DNA. ‘We requested CSM to investigate in connection to the sorting out of the conflict of competence’ Augustin Lazar said. On 13 March ...

DNA  criticises ministry's amending of criminal codes as 42 cases with 335 defendants could reopen

Thursday, March 28, 2019

The National Anti-Corruption Directorate (DNA) is arguing that a bill drafted by the Ministry of Justice to amend the criminal codes and Law 78/2000 would substantially affect criminal prosecution and the power to prosecute those who have committed criminal offences, with one of the consequences being the reopening of 42 cases involving 335 defendants, if the provision on the challenge for annulment is changed.On Wednesday, DNA released a point of view on recent ...

PM Dancila: I hold on to my viewpoint as to moving the embassy in Israel

Thursday, March 28, 2019

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Prime Minister Viorica Dancila declared that she maintains her stance regarding the move of the Romanian Embassy to Jerusalem, adding that such a solution is not one against the European Union."Everyone's opinion must be justified. I believe that we have done what is right, and that Romania must have its own point of view to be respected. To have a point of view is not to stand against others, it means to have the strength to support your own principles and what ...

Former president Traian Basescu: moving Romanian Embassy to Jerusalem is an act of foolishness

Thursday, March 28, 2019

Senator Traian Basescu, Romania's two-term president (2004-2009 and 2009-2014), who opens the list of PMP (People's Movement Party) candidates in the European Parliament election, reiterated on Wednesday that "it is an act of foolishness" what the Government did through Prime Minister Viorica Dancila with regard to the announcement on the relocation of the Romanian Embassy from Tel Aviv to Jerusalem."In foreign policy, everything is possible, but it is very ...

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