The government political agreement between the National Liberal Party (PNL) - Social Democratic Party (PSD) - Hungarian Democratic Union of Romania (UDMR) and the parliamentary group of national minorities, signed on Thursday, stipulates the National Coalition for Romania's functioning principles, led in the first stage by Nicolae Ciuca, but also the principles of cooperation, at parliamentary level, among the signatory parties.According to the document, the prime minister on behalf of the PNL will have a mandate until May 25, 2023, and then he will be followed by the prime minister on behalf of the PSD, until the 2024 elections.The agreement signed by the four leaders mentions that the health crisis generated by the COVID-19 pandemic has had unprecedented economic and social effects. In addition to this, there is also a major energy crisis and "a long-term one, with serious economic and social implications", and the successive years of climate instability that have a significant negative effect on quality of life."In order to manage and overcome them, it is necessary to establish, without delay, a solid parliamentary majority and invest a government supported by it. Only in this way will it be possible to implement, quickly, the solutions to solve these problems facing Romania today," reads the document.The agreement envisages the need to ensure "efficient government and the existence of broad parliamentary support in the 2021-2024 period".Thus, the signatory parties agree on the formation of the National Coalition for Romania - governing coalition for the 2021 - 2024 period.The Coalition's decisions are made through consensus, the Agreement stipulates. The Coalition's decisions are public, and the debates under the decision-making mechanisms of the coalition are confidential until the decisions are adopted," the document shows.The political agreement for the establishment of the National Coalition for Romania is valid during the parliamentary term 2021-2024 and enters into force at the time of signing. Amendments to the agreement are debated, negotiated and agreed upon between the signatory parties, being decided by consensus.The document was signed on Thursday by PSD Chairman Marcel Ciolacu, PNL Chairman Florin Citu, UDMR leader Kelemen Hunor, and the leader of the parliamentary group of national minorities, Varujan Pambuccian.
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
Romanian president Nicușor Dan is scheduled to be in the United Kingdom on Tuesday and Wednesday, December 16-17, to meet with representatives of the business environment and the Romanian community. On the first day, the head of state will hold meetings with Romanian representatives from the business environment in the UK, as well as with […]
More than 300,000 older people living in Romania’s urban areas are expected to spend Christmas alone, according to data cited by the NGO Niciodată Singur – Friends of the Elderly, which recently launched its annual holiday campaign aimed at tackling loneliness among seniors. The initiative, titled “Be the Carol That Breaks the Silence,” is based […]
The Romanian Senate adopted a simple motion initiated against environment minister Diana Buzoianu on Monday, December 15. The motion passed after the Social Democratic Party (PSD), the largest party in the governing coalition, joined the far-right opposition party AUR in the initiative. The vote for the simple motion was carried after a no-confidence motion filed […]
Romanian farmers are set to benefit from improved access to financing following a EUR 25 million loan granted by the European Investment Bank (EIB) to Agricover Credit IFN SA, aimed at supporting micro agricultural businesses across the country. The funding will be provided under the InvestEU mandate and is intended to boost productivity and promote […]
Romanians rank among the most satisfied homeowners in Europe, but rising housing-related costs continue to put significant pressure on household budgets, according to the RE/MAX European Housing Trend Report 2025. The study showed that 81% of Romanians are happy with their living situation, above the European average of 77%, while 83% live in owner-occupied properties, […]
