President Klaus Iohannis on Monday stated that he has “a very reasonable” amount of time to respond in case of the proposals for Development and Transport ministers, underscoring that the Constitutional Court of Romania (CCR) has nothing to say in this matter. The head of state was asked how he sees a possible involvement of the CCR in the matter of the appointment of the two ministers. “In a way. For now, the Government made me a request and I said I will respond after December 1, if they are in such a hurry, this concerns only them, but I do have a very reasonable amount of time left to respond. Practically, the CCR has no saying here. (…) The government isn’t by any means blocked. The Government doesn’t do its job because it probably has other things more pending to deal with. The Government is complete and, I said this before, nothing stops it from doing its job,” the head of state said at the Romanian Embassy in Paris, where he met with representatives of the Romanian community. He reiterated that a decision with respect to the new ministers of Development and Transport will be made after the celebration of Romania’s National Day. “As I already said, after the celebrations dedicated to the National Day. I have no intention during these days of celebration to discuss such unpleasant topics of reshuffle and various differences of opinion between some and others,” said Iohannis. The Social Democratic Party (PSD) leader Liviu Dragnea stated on Monday that at the meeting of the governing coalition to be held in the beginning of next week a decision will be made on what to do if the head of state, Klaus Iohannis, refuses to meet with its legal role in appointing some new ministers, while underscoring that Minister of Justice Tudorel Toader will put together a draft for a possible notification of the CCR related to a legal conflict of a constitutional nature.
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Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
The Romanian state, in a document on December 5, expressed its intention to take full control of the National Airports Company of Bucharest (CNAB), which operates Otopeni Airport and Baneasa Airport, where the minority shareholder Fondul Proprietatea has a 20% stake, Ziarul Financiar reported. The...
Romania's Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu, has selected 17 state-owned enterprises from a total of about 1,500 to undergo initial screening ahead of potential restructuring or liquidation. The decision marks the first stage of a wider overhaul programme announced by prime minister Ilie […]
The retail sales volume index in Romania recovered for the second consecutive month in October, when it increased by 0.9% m/m after the 1.3% m/m advance in September – but it was far from fully recovering the 4.0% m/m plunge seen in August as an effect of higher VAT rate enforcement amid already negative consumer […]
Romania’s total market production index (TMPI), a composite indicator compiled by Eurostat that combines four short-term business statistics indicators covering most of the market economy, increased by 4.2% y/y in Q3 - the sharpest rise in seven quarters (+0.3% y/y in Q2) and twice the 2.1% average advance in the European Union. The seasonally-adjusted index […]
