Gabriela Firea announced on Monday that she has tendered her resignation as interim president of the Social Democratic Party (PSD) Bucharest, in protest to the fact that the elections have been blocked for more than two years in this organization. “I have now tendered my resignation as interim president of PSD Bucharest. It is a form of protest to the fact that for two years Mr. Dragnea has blocked the elections in this organization and in a few others in the country, probably so that we are vulnerable and depend on him. (…) Now I realize that it has been a plan and not a very friendly one as far as I am concerned, meant for me to depend on him permanently. (…) We are born alone, we die alone, no one holds our hand,” Gabriela Firea said before the meeting of the National Executive Committee of PSD. According to her, it is non-statutory to learn from the press certain decisions in PSD’s National Executive Committee before there being an official decision. Read also: PSD’s NatExCom convenes with Gov’t reshuffle on the agenda. Firea: I await my sentence
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Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
