The Senate and Chamber of Deputies convened in a joint session on Thursday to read the four motions of no confidence submitted by the parliamentary groups of the Alliance for Romanians' Union (AUR), SOS Romania and the Young People's Party (POT), following the Government's decision to assume responsibility before Parliament for four draft laws.The session was chaired by Sorin Grindeanu, President of the Chamber of Deputies, who announced that 172 MPs had registered their presence, out of a total of 464.The four motions are titled:* "Resign, Bolojan Government - the best treatment for the healthcare system, and for Romania too!"* "Stop the politicisation of public companies. Stop the mockery of state property!"* "The Government is faking reform - ASF, ANRE and ANCOM remain corrupt, incompetent and malevolent institutions, captured by political clientele and lacking professional governance"* "Stop impoverishing the Romanian people! Cut from yourselves, not from them!"The debate and vote on the four motions of no confidence will take place on Sunday at 13:00, in a joint session of Parliament.According to parliamentary regulations, voting will be secret.The motions were submitted by the Opposition on Wednesday night, targeting draft laws concerning healthcare measures, corporate governance, the efficiency of certain autonomous administrative authorities, and optimising public resources, for which the Government had assumed responsibility before Parliament.On Monday, the Government assumed responsibility for five draft laws from the second reform package. However, AUR only submitted motions of no confidence for four of these, excluding the bill on magistrates' pensions.If the motions are rejected, the measures in the five laws are considered adopted.If the motions are passed, the Government will be dismissed.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
