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Klaus Iohannis' last day at Cotroceni Palace, with end-of-term ceremony to take place on Wednesday
Wednesday, February 12, 2025
The outgoing President Klaus Iohannis ends his term at the Cotroceni Palace, with the interim position to be taken over by the President of the Senate, Ilie Bolojan, on Wednesday.The ceremony to end Iohannis' term will take place on Wednesday, at 12:00, at the Cotroceni Palace, according to the Presidential Administration.Klaus Iohannis resigned from office on Monday, in the context in which the Parliament had initiated the procedure to suspend ...
Analyst: Canceling presidential elections was a strategic win for Russia
Wednesday, February 12, 2025
Romanian professor Corneliu Bjola analyzes the case of the Romanian presidential elections and C?lin Georgescu’s social media campaign to warn about the effects of information warfare on NATO’s eastern flank. The implications extend far beyond Romania, underscoring the urgent need to integrate robust security measures into NATO’s strategic framework, says Bjola, professor of digital ...
PM Ciolacu meets Celine Gauer for implementation of PNRR engagements
Wednesday, February 12, 2025

The government will continue to implement reforms and investments assumed through PNRR at a dynamic rate for each ministry, said premier Marcel Ciolacu on Tuesday at Victoria Palace, during a meeting with Celine Gauer, general manager of SG Recover (Task Force for Recovery and Resilience of the EC General Secretariat). According to a gvernment press release, the meeting was held in the context of the ...
Romania still among EU countries with weak scores in 2024 CPI ranking
Wednesday, February 12, 2025

Romania ranks, for the third consecutive year, among the EU countries with the weakest results in combating corruption, achieving a score of 46 points out of a possible 100, equal to that of Malta, according to the 2024 Corruption Perceptions Index (CPI), released by Transparency International on Tuesday.The CPI ranks 180 countries and territories by their perceived levels of public sector corruption on a scale of zero (highly corrupt) to 100 ...
Report:About two-thirds of Romanians feel an increase in housing costs
Wednesday, February 12, 2025

Nearly two-thirds of Romanians (64%) report that their housing costs increased in the past year, although in Romania, homeownership is markedly high, with 85% of respondents owning at least one property, which is well above the European average, according to Re/Max Europe's European Housing Trend Report 2024.Additionally, 30% of Romanian homeowners own a second property, but only 35% of respondents feel comfortable with housing costs. Nearly ...
Over 83k companies deregister in 2024
Wednesday, February 12, 2025
A total of 83,012 companies were deregistered nationwide in 2024, 16.52% more compared to the previous year, according to statistics from the National Trade Registry Office (ONRC).The highest number of deregistrations was recorded in Bucharest, with 12,982 (a 9.83% increase compared to 2023), and in the counties of Cluj (4,290, +15.14%), Timi? (3,431, +10.22%), Constanta (3,163, +7.26%), Iasi (2,972, +7.33%), Dambovita (2,833, +48.09%), and Bihor ...
Competition Council authorizes Ciech Soda Romania to sell assets to Aloref and Ascom International
Wednesday, February 12, 2025
The Competition Council has authorized the transaction by which Aloref SRL and Ascom International SRL intend to take over the production activity and assets related to the marketing of liquid sodium silica belonging to Ciech Soda Romania SA, according to a press release.Aloref SRL specializes in the collection, sorting, processing, transport and recovery of waste (ferrous, non-ferrous, electrical and electronic, used batteries/accumulators, plastic, paper, ...
Study on the factors that contribute to the success or failure of startups
Wednesday, February 12, 2025
Last year, Forvis Mazars launched the study – What is their X factor? The three ingredients of success (or failure) for startups in 2024, which looks into the factors that contribute to the success or failure of startups. Based on data from over 1,700 startups worldwide, the study offers valuable insights to guide future entrepreneurs and leaders, including those in Romania. The report ...
Klaus Iohannis announces his resignation as President of Romania
Tuesday, February 11, 2025

Klaus Iohannis announced on Monday his resignation as President of Romania. He said he will leave office on February 12."In order to spare Romania and the Romanian citizens from this crisis, from this negative evolution, I resign as President of Romania. I will leave office the day after tomorrow, on February 12," Klaus Iohannis told a press conference held at the Cotroceni Presidential Palace on Monday.The suspension procedure is a "useless", ...
President of the Senate Ilie Bolojan to take over as interim President of the Cotroceni
Tuesday, February 11, 2025
The president of the Senate, the liberal leader, Ilie Bolojan will ensure the interim position at Cotroceni Palace after President Klaus Iohannis announced his resignation, and will leave office on 12 February. According to Article 98 of the Constitution, "if the office of President becomes vacant or if the President is suspended from office or is temporarily unable to fulfil his duties, the President of the Senate or the ...