Prime Minister Marcel Ciolacu urged on Thursday independent Victor Ponta to bow out of the presidential race after the latter revealed that in 2014, as prime minister, he had agreed "to flood Romanian villages in order to save foreign cities.""To calmly admit - years on - that you, as Romania's prime minister, agreed to flood Romanian villages in order to save foreign cities and to boast that, as a reward you received the citizenship of another state, clearly shows that playing sovereignism has gone awry! Whatever excuse you invoke, every citizen of this country expects an official - whether president, prime minister or anything else - to defend their own country and fellow citizens! Under no circumstances would anyone believe you are a sovereignist and that you are going all the way for your people and country! Victor, at least make a wise decision now! Withdraw from the race," Ciolacu wrote on Facebook."Redeem yourself at least in the twelfth hour for the huge mistake you made back then! At least now, truly put Romania first," said Marcel Ciolacu.Victor Ponta told a podcast on Wednesday that he received Serbian citizenship for having "overridden in 2014 other Romanian authorities and ordered the opening of the Portile de Fier dam sluice gates to prevent Belgrade from getting flooded."On Thursday he wrote on Facebook that the biggest floods in Europe in the last 120 years occurred in 2014, causing victims and huge destruction, and that Romania, as a good neighbor, helped the countries in danger.
Romanian prime minister Ilie Bolojan said the government is unlikely to raise the minimum gross basic salary in 2026, arguing that such a move would trigger a chain reaction of wage increases across the public sector and impose an unsustainable burden on the state budget, Ziarul Financiar reported. ...
Russian operatives with ties to the Kremlin are reportedly attempting to prevent the extradition of Horatiu Potra, a former French Foreign Legionnaire and bodyguard turned alleged financier of Romanian isolationist leader Călin Georgescu,
Romania's e-commerce platform eMAG will use the cloud hosting and AI services provided by Tencent Cloud, the cloud division of the Chinese group and the world's largest gaming company Tencent, Profit.ro reported. The partnership is aimed "to provide smooth and highly...
Romanian state-controlled power producer Hidroelectrica (BVB: H2O) reported a 23% year-on-year decline in net electricity generation to 8,473 GWh in the January–September period, according to operational data published on the Bucharest Stock Exchange. The company, valued at RON 55 billion (EUR 11 billion), said the reduction was largely driven by lower hydrological flows,
The agro-industrial conglomerate Trans-Oil Group, one of the largest players in the Black Sea region, with a focus on the Republic of Moldova but also active in Romania, Serbia, Turkey, and Asia, is analysing a possible listing on the Bucharest Stock Exchange as part of its strategy to diversify its financing sources, according to
Romania's state-owned airline Tarom reported a gross profit of RON 292.3 million (nearly EUR 60 million) for 2024, marking its first major turnaround after several consecutive years of financial losses, Economica.net reported. The improvement follows the implementation...
