The European Commission on Tuesday recommended Romania in the Report on the Cooperation and Verification Mechanism (CVM) to immediately suspend the implementation of the justice laws and subsequent emergency ordinances and revise them by fully taking into account the recommendations in the CVM as well as those formulated by the Venice Commission and the Council of Europe’s group of states against corruption (GRECO). Moreover, Brussels recommends Romania to immediately suspend all ongoing appointments and dismissal procedures for senior prosecutors. The European Commission also recommends the relaunch of the appointment process of the head of the National Anti-corruption Directorate (DNA) who must have experience proven in the field of the prosecution of corruption crimes and a clear mandate so that DNA continues to carry out professional, independent and non-biased investigations in the corruption cases. The CVM Report also recommends the Superior Council of Magistrates (CSM) to immediately appoint an interim leading team of the Judicial Inspection and appoint within three months, by contest, a new leadership of this institution. In addition, the EC urges the observance of the negative opinions of the CSM related to the appointment or removal from office of some prosecutors with leading positions until a new legislative framework comes into force, in accordance with the recommendation No.1 of January 2017. Likewise, the EC recommends the freezing of the entry into force of the amendments proposed to be brought to the Criminal Code and to the Criminal Procedure Code, as well as the relaunch of the revision process of the CP and CPP by fully considering the need to assure these codes’ compatibility with the EU law and the international instruments in the matter of combating corruption, alongside the recommendations formulated in the CVM and with the Venice Commission’s opinion. The EC notes in the CVM Report’s conclusions that the enforcement of the amended justice laws, the pressure at the independence of the judicial system, in general, and at the National Anti-corruption Directorate, in particular, as well as a series of other measures that undermine the efforts of combating corruption, have had as effect the annulment of the progresses or the questioning of their irreversible character.
The post CVM Report: European Commission recommends Romania to immediately suspend justice laws’ implementation appeared first on Nine O' Clock.
President Nicuşor Dan, on December 4, returned to Parliament amendments tightening Romania’s law against extremism, arguing that several provisions are vague and risk enabling abuses, according to a statement released by the Presidency. The Constitutional Court had previously upheld the amendments after the Presidency challenged them, prompting criticism from organisations within the Jewish community. By […]
Fitch Ratings on December 4 affirmed the long-term Issuer Default Rating (IDR) for Romania's largest lender, Banca Transilvania (BVB: TlV), at BBB- with a negative outlook, in line with the country's sovereign rating. The price of the bank's shares rose 1.2% on the day the rating agency announced its decision, bringing the bank's market capitalisation […]
The Romanian authorities will only supervise the operations at Lukoil’s Petrotel refinery and not be involved in its management until a new owner is found, according to an emergency ordinance approved by the government in Bucharest this week, as reported by Hotnews.ro. Russian group Lukoil is seeking buyers for its...
The ‘5 to go’ coffee shop chain announced the signing of a partnership with the national gas station network RO concept OSCAR, owned by businessman Alin Niculae, according to Economica.net. The gas station network has reached 120 strategically distributed stations nationwide, of which more than 90 are franchised under the RO concept...
Romania's Port of Constanţa rose to 10th place among European seaports by cargo volume in 2024, despite handling just over 50 million tonnes, a 14% decline from the 67 million tonnes processed in 2023, Ziarul Financiar reported, citing Eurostat data. Eurostat figures showed that Romania ranked 13th in 2023, with the latest shift driven by […]
In 2025, the seasonal home & deco category is shifting from “occasional ornament” to a carefully considered investment in home comfort. Consumers look not only for beautiful objects but for coherent design concepts that are versatile, easy to integrate into their homes and simple to mix from one year to the next. In this context, […]
