Klaus Iohannis announced on Monday his resignation as President of Romania. He said he will leave office on February 12."In order to spare Romania and the Romanian citizens from this crisis, from this negative evolution, I resign as President of Romania. I will leave office the day after tomorrow, on February 12," Klaus Iohannis told a press conference held at the Cotroceni Presidential Palace on Monday.The suspension procedure is a "useless", "unfounded" and "painful" step, Iohannis said."It is a useless demarche because in a few months I will be leaving office, anyway, after the election of the new president. It is an unfounded demarche, because I have never violated the Constitution. And it is a detrimental demarche, because everybody loses, nobody wins. In a few days, Romania's Parliament will vote on my suspension and Romania will go into crisis, because the referendum to impeach the President will be triggered. This whole endeavor will have internal and, unfortunately, also external consequences," said the president.He mentioned that internally, the referendum will be "eminently negative", because society will be divided."Some will agree, some will disagree. The whole discussion will be one focused only on the negative. The whole of society will be in turmoil. There will be no more discussion about the upcoming presidential election. There will be no discussion about how Romania will go forward. The candidates will not even be able to present their ideas in this negative amalgam. Externally, the effects will be lasting and very negative. Absolutely none of our partners will understand why Romania is dismissing its president, after the procedure for electing a new president has, in fact already begun. Absolutely no one will understand the point of such a step when the incumbent president will leave anyway. We will be the laughing stock of the world," Klaus Iohannis added.
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale. Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]
With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]
