The Government adopted, in its meeting on Thursday, the emergency ordinance on the organisation of the presidential elections of November 24 and December 8 and the parliamentary elections of December 1.President of the Permanent Electoral Authority Toni Grebla announced that this emergency ordinance will be followed by three other government decisions on the technical-administrative measures necessary for the organisation of the elections, the timetable and the allocated budget.According to him, the normative act aims to create a separate electoral infrastructure for the two types of elections. It also stipulates how the members of the electoral bureaus for the two elections will be appointed.At the same time, the level of allowances for the members of electoral bureaus will be identical to the allowances received by the members of electoral bureaus in the June 9 elections.Measures are also envisaged to provide adequate space for county and sector electoral bureaus.
The three far-right nationalist parties in Romania's Parliament filed a request, drafted by the Party of Young People (POT), to initiate the procedures for the suspension from the post of president Klaus Iohannis. Six MPs more than required (one-third of the total number of lawmakers) signed the document, namely all the 161 MPs of POT, […]
A recent electoral survey conducted by Sociopol for Romania TV reveals that nationalist and far-right candidates are poised to dominate Romania’s presidential election this May. The poll suggests that radical candidates, including leading figure Călin Georgescu, will advance to the second round regardless of whether Georgescu is permitted to run. The results spotlight Georgescu, a […]
Chimcomplex, the largest industrial entrepreneurial company, controlled by Ştefan Vuza, requests reconsideration of the decision to cancel the state aid contract from the Ministry of Economy, signed at the end of 2023, and continuation of the dialogue to find viable solutions. "By winning a grant worth RON 195 million (for a RON 490 million resin […]
An International Monetary Fund (IMF) delegation will visit Bucharest from February 3 to 7 to discuss with Romania’s new government and the National Bank, according to an IMF press release quoted by Ziarul Financiar. Led by Joong Shik Kang, the mission will review recent economic and financial developments...
The average yield accepted by the Romanian Treasury in the latest auction for three-year bonds rose to 7.7% on January 15 from 7.04% one month earlier. The yield for five-year bonds increased to 7.75% from 7.22%, while the yield for 10-year bonds neared 8%. Separately, the Treasury is selling RON-denominated bonds to households with yields […]
Romania’s final energy consumption increased by 1.8% y/y to 46.0 TWh in the first eleven months of 2024, according to data published by the statistics office INS. Households’ consumption rose by 3.2% y/y to 10.7 TWh, while the companies’ consumption advanced by 1.5% y/y to 36.0 TWh. Public administration used 4.7% y/y less electricity for […]
