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President Dan invites magistrates who want to raise problems to discussion without time limit on December 22
Monday, December 15, 2025
President Nicusor Dan invites all magistrates who want to raise the issues in the system to a discussion "without time limit", on December 22, starting at 10:00 a.m."When 200 magistrates say that there is an integrity problem in the justice system, things are very serious. I invite all magistrates who want to raise issues in the justice system to a discussion without time limit, on Monday, December 22, starting at 10:00. I am ...
Hundreds of prosecutors and judges, headed by Kovesi, solidary with magistrates speaking of 'Captured Justice'
Monday, December 15, 2025
Hundreds of prosecutors and judges have signed so far the message supporting the magistrates who had the courage to make disclosures in the Recorder investigation about the serious problems in the justice system.European Prosecutor's Office chief prosecutor Laura Codruta Kovesi heads the list."We are publicly voicing the solidarity with the magistrates who had the courage to denounce the problems and pressures in the justice system. ...
Romanian Business Leaders: Independent judiciary essential for democracy, functional economy
Monday, December 15, 2025
Romania cannot progress if one of the state's fundamental powers loses credibility, the Romanian Business Leaders (RBL) organisation warns, urging judicial institutions, professional magistrates' associations and good-faith colleagues to take a stand and call for clear, swift, and thorough investigations wherever there are indications of irregularities.According to the organisation, the appeal is addressed to both upright magistrates and the ...
BlueSpace Technology starts engine of first armored vehicle made entirely in Romania
Monday, December 15, 2025
The BlueSpace Technology company presented on Friday the prototype of the first armored vehicle made entirely in Romania, and the first vehicle intended for series production could be ready at the end of the first quarter of 2026."The way in which public opinion reacted to VLAH, the first armored vehicle manufactured in Romania, demonstrates how great the need is for such a modular platform that can offer the Romanian defense ...
Promulgated law/ Violation of international sanctions - punishable by imprisonment for up to five years
Monday, December 15, 2025
Violating international sanctions, such as failing to comply with the freezing of financial funds or continuing transactions with a country targeted by the respective penalties, constitutes a crime and can be punished with imprisonment from one to five years, according to the law promulgated on Friday by President Nicusor Dan.According to the normative act, the following are considered crimes:a) making funds or economic resources ...
PwC Romania: Romania is EU champion in non-collection of taxes; it loses third of VAT and profit tax
Monday, December 15, 2025
Romania did not collect about 35% of the estimated profit tax for 2019, the year analyzed by a European Commission report, the non-collection rate being three times higher than the average rate estimated at 10.9% of the 23 EU member states included in the analysis, representatives of consulting company PwC Romania say."Romania is the champion in non-collection of taxes in the EU: it loses a third of both VAT and profit tax. Our country has ...
Minister Nazare, at ECOFIN: Romania fully supports package on integration and supervision of capital markets
Monday, December 15, 2025
Finance Minister Alexandru Nazare supported, at the Economic and Financial Affairs Council (ECOFIN) meeting, the modernization of European customs systems, the acceleration of capital market integration, the strengthening of financial supervision and a more balanced assessment of the impact of EU legislation on national economies."The Finance Ministers of the EU countries had discussions today at ECOFIN on the negotiations on the European Union Customs Code ...
Early 2026 could bring mortgage interest rate cuts
Monday, December 15, 2025
Next year could start with a decrease in mortgage interest rates in Romania, both in the fixed segment, which represents over 98% of total new mortgage loans, and in the variable interest segment, as a result of the decrease in the reference indicator for mortgage loans granted to consumers (IRCC).According to an analysis conducted by Ipotecare.ro and the financial consulting company SVN Romania | Credit & Financial Solutions, IRCC will fall to 5.67% in ...
CFA Romania: 80% of Gen Z youth make more purchases during winter holidays
Monday, December 15, 2025
Around 80% of Romanian Gen Z youth (born between 1996 and 2015) make more purchases during the winter holidays, with nearly two-thirds (64%) influenced by personalised offers, according to the Financial Seasons Barometer, conducted by the CFA Romania Association with the support of UniCredit Bank.The study, published on Friday, shows that across the general population, 63% of Romanians buy more than usual at Christmas and New Year, but most adopt a cautious approach to ...
Ukrainian Foreign Affairs Minister Andrii Sybiha, at the "Rebuilding Ukraine: Security, Opportunities, Investments" conference in Bucharest
Friday, December 12, 2025
Russia has destroyed the security architecture in the Black Sea and is militarising the occupied peninsula, turning it into a continuing point of aggression, Ukrainian Foreign Affairs Minister Andrii Sybiha said on Thursday at the "Rebuilding Ukraine: Security, Opportunities, Investments" conference in Bucharest.In his online intervention at the event, Minister Sybiha stated that Russia's aggression against Ukraine and Europe has become far ...
