Former Labor Minister Lia Olguta Vasilescu stated on Wednesday that she took into account the possibility that her appointment to the Transport Ministry may be rejected, but she appreciates she was qualified for that position. Vasilescu says that the President is a “spiteful” person, and that’s why he rejected her appointment. “I was very qualified for this ministry in terms of management, since when I was the Mayor of Craiova, the city was ranked the first to absorb European funds, and I know that the Transport Ministry has this kind of problem. I took into account that my appointment may be rejected, we analyzed this matter inside the party, I assumed it. It wasn’t an unexpected situation for us at all, because we knew that the President is a spiteful person, first of all, and he will not forgive my statements related to him”, Lia Olguta Vasilescu stated on Wednesday. According to her, there have been party fellows who said she would have been proposed from the beginning for the Ministry of Development, but she says that the proposal to be the Minister for this position will be voted by the Executive Committee on Wednesday afternoon. “If I look at all my political career until today, I believe I left something behind me. Unfortunately, I can’t say the same about the Romanian President Klaus Iohannis, since I, at least, don’t remember anything remarkable in Mister Iohannis’ term as a President”, Vasilescu added. She said that “it’s a political game of which the President takes advantage”. “I don’t regret anything, it was an assumed decision according to which it’s possible for me to leave the Labor Ministry. All the measures related to the Labor Ministry are already applied “, Vasilescu also added.
The post Lia Olguta Vasilescu: I took into account that my appointment may be rejected, we analyzed this matter inside the party, I assumed it; we knew that the President is a spiteful person appeared first on Nine O' Clock.
T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, announced it was investing in Prime Batteries Energy Holding, thus becoming the second-largest shareholder of the Romanian company with headquarters in Bucharest. T2Y Capital will take a seat on the Board of Directors and support Prime […]
More than half of Romanians (58%) are concerned about the country's economic situation, and inflation remains a central concern for one in five respondents to a survey conducted at the European level by Ipsos for ING Group in May-June 2025. The research analyzed the main concerns of Romanians in the context of the current economic […]
Vlad Micu has been appointed general manager and chairman of the Board of Directors of INNO Investments, a company of the Banca Transilvania Group specializing in the management of alternative investment funds. In his almost 30 years of experience, he has held various management positions in corporate banking, investment banking, trade finance, and business development […]
Measured in local currency, the wealth of citizens in Hungary increased the most in Europe last year, followed by Lithuania and Sweden. In Romania, the median wealth increased by 9.1%, but the long-term average wealth trend decreased, according to a recent report by the multinational investment bank UBS, cited by Euronews. Net wealth per citizen […]
Picture your ideal event - a special gathering that’s personal, elegant, and deeply memorable. Now imagine achieving this effortlessly, in a location meaningful to you, anywhere in Bucharest. JW Marriott Bucharest Grand Hotel brings its celebrated five-star hospitality beyond traditional boundaries, making truly refined occasions possible wherever your imagination takes you. At the heart of […]
The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania. This is the second loan by Kommunalkredit to the fund. In […]
