Mihai Fifor on Monday announced that he has submitted his resignation the position of Defence minister, saying that he wishes to back the Social Democrat Party (PSD)’s team to prepare the next elections. “First of all, I want to say I thanked my colleagues, Mrs. Prime minister, Mr. Chairman Dragnea for the support and trust they granted me on two occasions, once as minister of Economy and then as National Defence minister. I tried to wrap up a mandate as good as possible and I hope I did not fail anyone’s confidence. On the other hand, I have carried out a very solid analysis. I saw what has happened in the past months and I decided I could join the party’s team, to try to prepare the two following years ahead of us. I believe we need to strengthen the team, to be able to make ready these very important projects. Therefore, I asked Mrs. Prime minister and Mr. president Dragnea to agree with my resignation so that I can join the party and get very seriously involved,” Fifor said in Parliament, ahead of the PSD’s National Executive Committee’s sitting. According to Fifor, the reasons for his decision are only connected with the possibility of joining the party’s team.
The post DefMin Mihai Fifor resigns from Gov’t to join PSD’s election preparation team appeared first on Nine O' Clock.
EuPlătesc, one of Romania's leading payment processors, has announced that starting in August 2025, its online payment and collection processing services will be exempt from VAT, a measure that can bring direct savings up to 21% for retailers. This benefit becomes even more important right before Black Friday campaigns, when transaction volumes and operating costs […]
The latest study conducted by Coface Romania shows that in the first 8 months of this year, 4,561 new insolvency proceedings were opened compared to 4,657 in the same period from 2024. Refused payment instruments continued to increase in the first eight months of 2025 by 10% in number and 21% in value compared to […]
Romania fell two places in the 2025 edition of the World Justice Project (WJP) Rule of Law Index, ranking 44th out of 143 countries and jurisdictions evaluated worldwide. This year's top-ranked countries are Denmark, Norway, and Finland. Romania's overall rule of law score decreased 1.2% in this year's ranking, according to the same report. Regionally, Romania […]
The United States will pull back some of its troops stationed in Romania, according to an announcement confirmed by Romanian authorities on Wednesday, October 29. According to the Defense Ministry (MApN), Romania and NATO allied countries have been informed of the US decision regarding the “resizing” of American troops in Europe. However, the troop movements are […]
Romania's High Court (ICCJ) and the Supreme Council of Magistracy (CSM) have both de facto refused to participate in consultations on the government's draft law regulating magistrates' pensions, according to Digi24. The...
Nusco Imobiliara, a Romanian real estate company that develops housing, offices, commercial spaces, and hotels, listed on October 28 on the Multilateral Trading System of the Bucharest Stock Exchange, the first issue of guaranteed corporate bonds, with a total value of RON 25 million. The NUSCO28 bonds, totaling 250,000 units, have a fixed interest rate […]
