Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Political crisis continues as Romania's Constitutional Court postpones...

Political crisis continues as Romania's Constitutional Court postpones decision on referendum to dismiss president Basescu, pressure mounts on economy​

August 2, 2012

Romania's Constitutional Court (CCR) decided on Thursday to postpone until September 12 a decision on the validation of the Sunday referendum to dismiss the president, in which not enough votes were cast to exceed a 50% turnout threshold needed for the ballot to take effect. The news was announced by a CCR judge, quoted by TV news channels. The Court decision to postpone such a decision does little to solve the political crisis affecting Romania for the past weeks. Romania's central bank governor was among the last to warn today that a calmer domestic political life would help alleviate pressures on the economy.
UPDATE CCR later issued a press release showing that the postponement of a decision was due to "contradicting data" regarding the number of people on electoral lists.

Read in full - click here
DRS in Romania: from implementation to a European benchmark for the circular economy

Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]

New Year’s Eve Dining Experience at Ginger Sushi Bar & Lounge

Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]

Non-profit Dăruiește Viață completes renovation of pediatric transplant unit in Timișoara

Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]

Exhibition explores the place of jazz in pre-1990 Bucharest

The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]

Romanian Companies Increasingly Exposed to Non-Payment Risk: Aon's Solutions for a Volatile Business Environment

Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]

Bucharest malls in 2024: AFI Cotroceni leads turnover, Băneasa Shopping City tops profitability

Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]