Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Klaus Iohannis' last day at Cotroceni Palace, with...

Klaus Iohannis' last day at Cotroceni Palace, with end-of-term ceremony to take place on Wednesday

February 20, 2025

The outgoing President Klaus Iohannis ends his term at the Cotroceni Palace, with the interim position to be taken over by the President of the Senate, Ilie Bolojan, on Wednesday.The ceremony to end Iohannis' term will take place on Wednesday, at 12:00, at the Cotroceni Palace, according to the Presidential Administration.Klaus Iohannis resigned from office on Monday, in the context in which the Parliament had initiated the procedure to suspend him from his position as head of state. He claimed that the suspension procedure would lead Romania into crisis and ''absolutely no one will understand what the point of such an approach is, when the incumbent president will leave anyway''. "In other words, we will effectively be the laughing stock of the world," Klaus Iohannis said on Monday when announcing his resignation."In order to spare Romania and Romanian citizens from this crisis, from this unnecessary and negative development, I am resigning from the position of President of Romania. I will leave office (...) on February 12th. God bless Romania!", Iohannis said.The Constitutional Court (CCR) on Tuesday found the position of president of Romania vacant and ruled that Ilie Bolojan, president of the Senate, would take over the interim position at Cotroceni Palace from February 12.Klaus Iohannis was elected head of state for two terms. His last term was supposed to end on December 21, 2024, but the Constitutional Court annulled the presidential elections and decided that Iohannis would remain at Cotroceni until a new president is elected. The CCR's decision came after the Supreme Council for Country's Defense (CSAT) declassified intelligence received from the Romanian Intelligence Service (SRI), Foreign Intelligence Service (SIE) and the Ministry of Internal Affairs regarding the electoral campaign conducted by Calin Georgescu in the presidential elections.Ilie Bolojan is to take over the interim position at Cotroceni Palace until May. The first round of the presidential elections will be held on May 4, and the second on May 18. Bolojan will be suspended from the position of National Liberal Party's president.

Read in full - click here
Berlinale 2025: Romanian director Radu Jude wins second Silver Bear with Kontinental '25

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...

North Bucharest Investments: Accelerated growth in 2024, even more promising prospects for 2025

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 […]

Big-ticket M&A in CEE came under strain in 2024, but steady deal volume shows the market’s resilience and sustained appeal to global dealmakers

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 […]

North Bucharest Investments: Accelerated growth in 2024, even more promising prospects for 2025

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 […]

Russia manipulated elections in Romania, French president Emmanuel Macron says

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...

Education Ministry publishes 2024 list of top universities in Romania

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, […]