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12/09/2017 12:10 AM
ANALYSIS Why the proposed changes to the Romanian laws on judiciary are dangerous
The governing coalition in Romania, which holds a majority in the Parliament, has been pushing for massive changes to three key pieces of legislation regarding the functioning of the Judiciary. The attempts to change the current legislation have been fiercely criticised as attempts to subdue the judiciary politically. They should be taken into consideration as a whole, not in separation. See the proposed changes below, step by step, then connect the dots to see the big picture.
12/07/2017 12:51 AM
Romanian Government approved draft budget for 2018
The government approved on Wednesday the draft budget for 2018, which is based on 5.5% economic growth, annual average inflation of 3.1%, an average exchange rate of 4.55 lei / euro and net average earning monthly of 2,614 lei. The budget deficit in cash is estimated at 2.97% of GDP, while the ESA deficit is 2.96% of GDP, with a budget deficit target below 3% of GDP.
12/07/2017 12:44 AM
OPINION Romania's King has died and with him the idea of monarchy is fading
Romania's King Michael I, who ruled Romania before communists took over in mid-20th century, has died, taking with him the answers to some of the questions we all ask ourselves: what would have happened if he had refused to abdicate in 1947 and would he have faced the communists?? Why did he remove his nephew, former prince Nicholas, from the succession order? The passing of the last king of Romania, a heavily tried monarch, basically cancels out the possibility of restoring the monarchy and leaves behind a Royal House that seems unworthy of his memory.
12/05/2017 02:07 PM
Romania's King Michael dies age 96
King Michael of Romania, 96, has died at his residence in Switzerland, the national television has announced, quoting a Royal House press release. King Michael was the living monarch who had survived the second world war.
11/30/2017 09:37 AM
OPINION US warns, Romania's governing PSD accelerates
The US has sent three signals for the past two days to Romania's PSD-ALDE governing coalition, warning it cannot rule against its own people. Their answer? Their foot pressed on the throttle to the bottom for the rapid passage of the laws of Justice, plus misinformation and an attempt to stop the protests.
11/26/2017 10:33 PM
Tens of thousands of Romanians protest against governing coalition and its plans to change the rules of Justice
Some 25,000 people have been protesting in Bucharest and tens of thousands others in cities across Romania on Sunday evening against the Social Democratic Party (PSD) -led governing coalition and its plans to change the laws of Justice, which would subdue the judiciary politically. Some 25,000 people attended the protest in Bucharest, which started before the Government HQ, continued with a march and a protest before the Parliament palace. They called for the resignation of top PSD leaders including PSD party president and House of Deputies speaker Liviu Dragnea.
11/20/2017 04:07 PM
Romania's governing coalition puts controversial changes to Justice laws on fast forward. How and when Parliament may pass them
Romania's governing coalition led by the Social Democratic Party (PSD) is hurrying up with its plans to change key laws for the functioning of the justice system, despite outcry from the civil society, associations of magistrates and international organisations, who see the move as an attempt to subdue the judiciary politically. The bills may pass a special commission in the Parliament this week and be voted by the joint chambers of the Parliament within ten days, political sources have told HotNews.ro.
11/09/2017 04:26 PM
OPINION Romanian Government takes great political risks by causing tax chaos and attacking foreign investors
Romanian PM Mihai Tudose launched attacks on multinational companies during a government session on Wednesday, when his team adopted a highly disputed ordinance that turns the tax rules in Romania upside down. His Communist-style quarrel with major companies, reminiscent of Chavez, is totally hypocritical. The same Tudose had no issue in keeping royalties for multinationals in the energy sector and he had also accepted multinationals' requests this summer to drop plans to introduce a split VAT and taxes on turnover. In fact, his attacks on Wednesday means a recognition of defeat against party leader Liviu Dragnea and an attempt to mask it by outbidding chaotic changes to the Fiscal Code.
11/03/2017 11:43 AM
Official documents: Romania's governing PSD party pays lobby firm USD100,000 to set meetings between PSD leader and top US officials
A Romanian politician who has received a sentence for election fraud is attempting to set up meetings with US Vice President Mike Pence and House speaker Paul Ryan, according to official Department of Justice documents quoted by legistorm.com, a website monitorin Congress and lobby activities. The report recalls that the leader of Romania's governing Social Democrats (PSD), Liviu Dragnea, who is also speaker of the House of Deputies, has received a sentence for attempting to fraud a referendum to dismiss the President of Romania. On Friday morning, Liviu Dragnea dismissed info of any contract between the PSD and any lobby company of the kind mentioned in the report.