The Court of Justice of the European Union (CJEU) rejected as ‘ manifestly inadmissible’ the action for annulment brought by Romanian MEP Eugen Tomac against the EU Council over the decision not to accept Romania into Schengen and also declined jurisdiction in the case, according to the judgment published on the CJEU portal. According to established case-law on the admissibility of actions for annulment, acts which definitively establish the position of an institution at the end of an administrative procedure and which are intended to produce binding legal effects constitute actionable acts within the meaning of Article 263 of the Treaty on the Functioning of the European Union (TFEU), the CJEU recalls, according to Agerpres. Also, the conclusion of the Schengen evaluation procedures and the verification of the criteria for accession to this area of free movement, already carried out in 2011 in the case of Romania, is only one stage of the procedure, which must be accompanied by a consultation of the European Parliament, followed by a decision of the EU Council on the full application of the provisions of the Schengen acquis in Romania. Such a decision can only be taken unanimously by the Member States in the EU Council, and the completion of the preliminary stages of the procedure does not mean that the EC no longer has to adopt a unanimous decision, which has no deadline, the CJEU notes. As such, the failure to adopt the draft submitted to the vote of the Justice and Home Affairs (JHA) Council on 8 December 2022 cannot be considered an actionable act within the meaning of Article 263 TFEU, the European court ruled, thus considering the action brought by Eugen Tomac "manifestly inadmissible". Eugen Tomac announced the opening of an action for annulment before the CJEU against the decision rejecting Romania's Schengen membership, considering that if the court were to annul this decision, a new vote on the same decision could no longer be a political vote, but a technical vote, therefore a positive one, given that Romania meets the Schengen accession criteria.
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 […]
