The former leader of the Liberal National Party, Ludovic Orban will register his resignation, on Tuesday from the position of speaker of the Deputies’Chamber after he initially presented it to the PNL chairman Florin Citu, stated liberal sources for News.ro. After the official registration, at the legislative body, Ludovic Orban’s resignation will be effective and the procedure for the election of a new speaker of the deputies’ chamber will be started. Orban announced his resignation from the position of speaker of the Deputies’ chamber before the PNL congress, saying that, if he loses the leadership of the party, he will withdraw from the position in the parliament. Later, on 27th September, after the PNL congress. Ludovic Orban sent his resignation to the PNL headquarters, to the chairman of the party, Florin Citu. What the Regulation of the Deputies’ chamber says According to article 20 from the Deputies’ chamber regulations, the speaker of the deputies’ chamber is elected for the period of the chamber mandate, by secret voting, with voting bulletins where, in alphabetical order there are included the name and forename of all candidates proposed by the parliamentary groups. Each parliamentary group may have one proposition. As speaker of the deputies’ chamber is named the candidate who got the vote of the majority of the deputies. If no candidate had, after two rounds, the vote of the majority of the deputies, there are new voting rounds organized, after which the candidate who got the majority of the votes of the present deputies will be elected as speaker of the deputies’ chamber, according to the quorum included in art.67 of the Romanian Constitution, republished. The quality of speaker of the deputies’ chamber or that of member of the standing office stops following resignation, revocation or loss of the quality of deputy.
Romania’s Electric Castle was named ‘International Festival of the Year’ at the 20th edition of the UK Festival Awards. The Romanian event triumphed over major international contenders, including Afro Nation (Portugal), Beyond The Valley (Australia), Open’er Festival (Poland), Sziget Festival (Hungary), and Way Out West (Sweden),
President Nicuşor Dan, on December 4, returned to Parliament amendments tightening Romania’s law against extremism, arguing that several provisions are vague and risk enabling abuses, according to a statement released by the Presidency. The Constitutional Court had previously upheld the amendments after the Presidency challenged them, prompting criticism from organisations within the Jewish community. By […]
Fitch Ratings on December 4 affirmed the long-term Issuer Default Rating (IDR) for Romania's largest lender, Banca Transilvania (BVB: TlV), at BBB- with a negative outlook, in line with the country's sovereign rating. The price of the bank's shares rose 1.2% on the day the rating agency announced its decision, bringing the bank's market capitalisation […]
The Romanian authorities will only supervise the operations at Lukoil’s Petrotel refinery and not be involved in its management until a new owner is found, according to an emergency ordinance approved by the government in Bucharest this week, as reported by Hotnews.ro. Russian group Lukoil is seeking buyers for its...
The ‘5 to go’ coffee shop chain announced the signing of a partnership with the national gas station network RO concept OSCAR, owned by businessman Alin Niculae, according to Economica.net. The gas station network has reached 120 strategically distributed stations nationwide, of which more than 90 are franchised under the RO concept...
Romania's Port of Constanţa rose to 10th place among European seaports by cargo volume in 2024, despite handling just over 50 million tonnes, a 14% decline from the 67 million tonnes processed in 2023, Ziarul Financiar reported, citing Eurostat data. Eurostat figures showed that Romania ranked 13th in 2023, with the latest shift driven by […]
