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.
The Romanian state, through the Ministry of Transport led by Ciprian Şerban, is analysing the possibility of taking over the 20% stake that Fondul Proprietatea (BVB: FP) holds in Porturi Maritime Constanţa (CNAPMC). The move would make the state the sole shareholder of Romania's most important logistics hub, responsible for import-export, transit, storage, and operation […]
Romanian companies are increasing investment and accelerating digital transformation, but remain more cautious about the economic outlook than their EU counterparts, according to the European Investment Bank's newly released EIB Investment Survey 2025 – Romania overview. The report showed that 78% of Romanian firms invested in the past year, an improvement over previous editions yet […]
Wizz Air announced on Monday, December 8, the reopening of its base in Târgu Mureș, marking the company’s ninth operational base in Romania. The low-cost carrier will station an Airbus A320neo at Transylvania International Airport, increasing its Romanian fleet to 39 aircraft this winter. Wizz Air now offers 10 routes to eight countries from […]
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
