President Klaus Iohannis on Monday stated that he has “a very reasonable” amount of time to respond in case of the proposals for Development and Transport ministers, underscoring that the Constitutional Court of Romania (CCR) has nothing to say in this matter. The head of state was asked how he sees a possible involvement of the CCR in the matter of the appointment of the two ministers. “In a way. For now, the Government made me a request and I said I will respond after December 1, if they are in such a hurry, this concerns only them, but I do have a very reasonable amount of time left to respond. Practically, the CCR has no saying here. (…) The government isn’t by any means blocked. The Government doesn’t do its job because it probably has other things more pending to deal with. The Government is complete and, I said this before, nothing stops it from doing its job,” the head of state said at the Romanian Embassy in Paris, where he met with representatives of the Romanian community. He reiterated that a decision with respect to the new ministers of Development and Transport will be made after the celebration of Romania’s National Day. “As I already said, after the celebrations dedicated to the National Day. I have no intention during these days of celebration to discuss such unpleasant topics of reshuffle and various differences of opinion between some and others,” said Iohannis. The Social Democratic Party (PSD) leader Liviu Dragnea stated on Monday that at the meeting of the governing coalition to be held in the beginning of next week a decision will be made on what to do if the head of state, Klaus Iohannis, refuses to meet with its legal role in appointing some new ministers, while underscoring that Minister of Justice Tudorel Toader will put together a draft for a possible notification of the CCR related to a legal conflict of a constitutional nature.
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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 […]
