The European Court of Human Rights (ECHR) on Tuesday rejected the request of Calin Georgescu on imposing provisional measures in the case in which he contests the annulment of the presidential elections in Romania.Georgescu had requested the adoption of provisional measures, in particular that the decision of the Constitutional Court be suspended and the electoral process be resumed with the second round. The ECHR rejected the request for provisional measures, as being outside the scope of Article 39 of the Regulation of the Court (provisional measures)", reads an ECHR press release.The Court imposes such provisional measures only in exceptional cases, when the plaintiffs would otherwise be exposed to an imminent risk of irreparable harm, the press release added.According to the ECHR, this decision does not influence a subsequent decision on the merits of the process.On November 24, 2024, the first round of the presidential elections in Romania took place, the second round of voting being scheduled to take place on December 8, 2024. Calin Georgescu ran for these elections and qualified for the second round of voting. On December 6, 2024, pursuant to Article 146 f) of the Romanian Constitution, the Constitutional Court of Romania (CCR) annulled the entire electoral process. The CCR then decided that the elections for the President of Romania should be resumed in full and reorganized by the Government at a later date.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
