President Klaus Iohannis announced on Friday that he will not run for the December elections for the future Legislature."As I have stated on several occasions, I will end my mandate as president of Romania on time and I will not resign from my position. I will not run for the parliamentary elections in December, regardless of the decision that the Central Electoral Bureau will adopt today. No I supported and do not support the amendment of the electoral legislation in favor of a single person," said the head of state.Iohannis said on Wednesday, in New York, about the amendment of the law that would have allowed him to run for the Senate, that he did not want a law for him and that he will make sure that it does not exist."I didn't want a law for myself, I don't want a law for myself and I can tell you with certainty that I will make sure that this law does not exist. It is not possible to make a law for a person and then I think that I- I expressed it very clearly. In short, this law will not exist and I do not want it to exist", he assured in a statement given to journalists on the sidelines of the UN General Assembly.
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 […]
