Voter turnout in the Sunday referendum, in which Romanians were asked if they agreed to dismiss President Traian Basescu, stood at 46,24%, according to final figures released by the Central Electoral Office on Wednesday morning. The percentage comes short of the threshold of 50% of listed voters needed for the referendum to be validated. Also on Wednesday, the Constitutional Court is due to convene for a decision whether to validate or invalidate de referendum, with the governing alliance which pushed for Basescu's impeachment now claiming that the participation threshold was exceeded, considering what they call the real number of Romanian voters.
Romanian president Nicușor Dan confirmed on August 20 that he is likely to pay an official visit to the United States early next year, provided preparations proceed as planned. A few days ago, foreign minister Oana Țoiu said that president Dan is expected to visit the United States and meet with president Donald Trump in the […]
European allies are pressing the United States to deploy F-35 fighter jets to Romania as part of future security guarantees for Ukraine, The Times reported, citing discussions among senior military officials. Romanian outlet
Romanian croissant producer Derpan SA has raised EUR 2 million through a private bond placement brokered by brokerage house Goldring SA, the company announced on August 20. The secured, euro-denominated bonds mature in 2030 and carry an annual coupon of 11%, Ziarul Financiar reported. ...
Romanian banks’ aggregated profit (EUR 752 million) and profitability ratios in Q2 remained around those seen in Q1, meaning slightly below the performance in the same period last year, according to data published by the National Bank of Romania (BNR). The non-performing loans (NPL) ratio, however, rose slightly to 2.8% at the end of June, […]
The Foreign Direct Investment Review Commission (CEISD) confirmed on August 20 that it had decided not to approve the transaction by which Hungarian state-owned MVM intends to acquire the gas and electricity supply division of E.ON Energie Romania. "Following the conclusions resulting from the detailed research procedure, CEISD decided to submit to the Supreme Council […]
Deputy prime minister Tanczos Barna stated on August 20, speaking for Digi24, that following the public administration reform included in the second package of fiscal measures, 40,000 positions in local and central administration will be abolished. The figure is not included in the substantiation note published by the Development Ministry along with the bill on […]
