The political agreement signed on Monday morning by the leaders of the Social Democratic Party (PSD), the National Liberal Party (PNL), the Save Romania Union (USR), the Hungarian Democratic Union of Romania (UDMR) and the group of national minorities includes a rotating prime ministership, with the position of prime minister to be held by the Liberals (PNL) between June 2025 and April 2027, after which it will be assumed by the Social Democrats (PSD) for the period April 2027 - December 2028.'The signatory political parties agree to implement a rotation mechanism regarding the position of prime minister. For the period June 2025 - April 2027, the coalition-supported candidate for the office of prime minister shall be designated by the PNL. For the period April 2027 - December 2028, the coalition-supported candidate for prime minister shall be designated by PSD,' ? provides Article 4 of the Political Agreement.According to the document (Article 5), the structure of the Government includes: a Prime Minister, 16 ministries, distributed as follows: 6 ministries to PSD, 4 ministries to PNL, 4 ministries to USR, 2 ministries to UDMR. The Government will also include: 3 Deputy Prime Ministers without portfolio: one each for PSD and UDMR, and one independent; 2 Deputy Prime Ministers with portfolio: one from PNL, and one from USR. At the moment the agreed rotation is implemented, in accordance with Article 4, one Deputy Prime Minister without portfolio position will be assigned to PNL, and one Deputy Prime Minister with portfolio will be assigned to PSD.PSD (Social Democratic Party)-Deputy Prime Minister without portfolio-Ministry of Transport and Infrastructure-Ministry of Justice-Ministry of Agriculture and Rural Development-Ministry of Energy-Ministry of Health-Ministry of Labour, Family, Youth and Social Solidarity-General Secretariat of the GovernmentIndependentDeputy Prime Minister without portfolioPNL (National Liberal Party)-Deputy Prime Minister and Ministry of Internal Affairs-Ministry of Investments and European Projects-Ministry of Education and Research-Ministry of FinanceUSR (Save Romania Union)-Deputy Prime Minister and Ministry of National Defence-Ministry of Foreign Affairs-Ministry of Environment, Waters and Forests-Ministry of Economy, Digitalisation, Entrepreneurship and TourismUDMR (Hungarian Democratic Union of Romania)-Deputy Prime Minister without portfolio-Ministry of Development, Public Works and Administration-Ministry of CultureEach ministry will generally have two state secretaries, with a maximum of four state secretaries in ministries that have complex activities, according to the political agreement.The political agreement to form the coalition is valid for the period 2025-2028 and comes into force on the date of signing.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
