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The Constitutional Court of Romania (CCR) rejected on Tuesday the petition filed by the Save Romania Union (USR) and the Right Force party on the unconstitutionality of the draft law initiated by Marcel Ciolacu and Nicolae Ciuca, which decriminalises tax evasion with damages worth less than one million euros if it is covered in full plus 15%, adding interest and penalties.This is the Law on measures to strengthen the capacity to combat tax evasion, adopted in December 2023 by the Chamber of Deputies.The CCR argues that the law is an important step towards the transition "towards modern theories" of criminal law, in which the main objective of criminal policy should be the discovery and confiscation of illicit goods.However, the Court found that the legal provisions are in line with the constitutional requirements regarding the quality of the law, equality of rights, the law-making procedure and respect for the decisions of the CCR.The Chamber of Deputies adopted in December 2023, as a decision-making body, the draft initiated by the Social Democratic Party (PSD) and National Liberal Party (PNL) leaders, Marcel Ciolacu and Nicolae Ciuca, on some measures to strengthen the capacity to combat tax evasion. The bill amends Law No 241/2005 on preventing and combating tax evasion.
Romania’s Sheep Industry, Slaughterhouses and Dairy Processors Firmly Reject Mass Vaccination of Animals Industry leaders warn that unless the proposal is abandoned, Romania’s slaughterhouse sector could collapse and sheep’s milk will have to be imported. Romania risks losing billions of euros and devastating two key industries—slaughterhouses and dairy processing—if, instead......
BEACH, PLEASE! 2026 Keeps the Momentum Going: Day 1 Delivers Spectacular Performances and an Electrifying Atmosphere That Lasted Late into the Night Following the official opening of the NIBIRU resort and a spectacular start to its anniversary edition, Beach, Please! 2026 continued with an unforgettable first festival day marked by...
The Agroland Group (BVB: AG), which operates in the retail, agribusiness, food production, and animal nutrition sectors, reported solid operating results in the second quarter of 2026. The evolution was driven by accelerated growth in the egg production segment, the expansion of the Agribusiness division’s production capacity, and the positive performance of its retail network. […]
Romania’s population will reach 15.633 million people in 2080, compared with 19.043 million on January 1, 2025, according to the latest projections made by the National Institute of Statistics (INS), published on Friday on the occasion of World Population Day. The country’s resident population will therefore decrease by 3.41 million people, or -17.9%, by 2080. […]
Pepco Group N.V. – Third Quarter FY26 Trading Update On 3 June 2026, the Group announced that it had agreed the sale of its Dealz Poland business, completing its strategic exit from fast-moving consumer goods (FMCG) retail and creating a pure-play Pepco business. Accordingly, the highlights below focus on the Group......