US Ambassador to Romania Hans Klemm said on Wednesday that three years after the Colectiv club tragedy, he would not have expected the fight against corruption would be weakened, the independence of the judiciary would be under threat, and the selection of prosecutors would again be politicized, pointing out that these are a cause of great concern to the United States. “Looking back three years, what I would not have expected is that the fight against corruption would be weakened as it has recently; that independence of the judiciary would be under threat; that there is an ever-higher risk that selection of prosecutors would again be politicized. This is something I would not have predicted three years ago. Of course, as American ambassador this is something of great concern to me personally, my embassy, and also to the United States.’ Ambassador Hans Klemm said at the Memorial dedicated to the victims of the Colectiv club, according to the speech issued by the US Embassy. He remembered the solidarity and mobilization he saw after the tragedy, on the part of Romanians, of some countries and companies, to help the victims of the Colectiv club tragedy. “The United States, unfortunately, was too far away to give immediate medical support to those who suffered so badly, but we tried to do what we could and, of course, our hearts are with the families and friends of those who suffer,” said Hans Klemm. The US Ambassador also appreciated how the Romanians reacted after the tragedy, as they saw those young people who lost their lives as victims of corruption. “They said they were determined to fight corruption”, added the ambassador.
Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
