The Romanian Parliament convened on Friday afternoon to vote on a request to impeach President Traian Basescu. The votes of 217 members are needed to suspend the President, and the governing alliance of Social Democrats and Liberals (USL) hold by themselves 212 votes. The Constitutional Court issued an advisory ruling on the request earlier today, but gave no final ruling whether the arguments including in the impeachment request were valid. The vote comes as EU pressures intensify on USL, an alliance accused of threatening the rule of law. In his speech at the beginning of the Parliament session today, Basescu pointed out that, for USL, more important than his suspension the interest to take hold of all reigns of power, including justice.
UPDATE 8.10 p.m. Parliamentary debates are over. Voting on President Basescu's impeachment has started
UPDATE Senate speaker Crin Antonescu - a Liberal who is due to take over as interim President if Basescu is suspended, said he would witdraw from politics if Basescu is not dismissed in a referendum
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
The Romanian Constitutional Court (CCR) has ruled that a series of tax increases, including higher levies on housing, land, cars based on pollution norms, and stock market gains, may take effect starting January 1, 2026, Biziday.ro reported. The Court rejected a challenge filed by the opposition party AUR against the government’s fiscal reform law, on […]
A major animal-welfare campaign is happening in Iași this weekend, where one of Romania’s biggest charitable events dedicated to shelter animals will take place this Saturday, December 13. Now in its 18th edition, Ai cumva o păturică? (Do you happen to have a blanket?) aims to expand nationally starting in 2026. This year’s event begins […]
