Romania's Government is forced to apply a High Court decision according to which it has to sell shares in major oil company OMV Petrom, within a limit of 8% of its capital, to employees at the price recorded at the moment of the 2004 privatisation. The High Court decision was made on May 8, 2019, but has not been publicly communicated so far.
The Venice Commission urges the Romanian Government in a report obtained by HotNews.ro to drastically reduce the use of emergency ordinances in the Justice sector. It reaffirms its recommendation for Romania to seriously reconsider the need to create a special structure charged with investigating magistrates, which it says risks becoming an obstacle for the fight against corruption.
The leadership boards of Romania's chambers of Parliament agreed on Monday to propose the establishment of a parliamentary commission to investigate alleged fraud during the May 26 elections for the European Parliament. The proposal was made by Senate speaker Calin Popescu Tariceanu, leader of ALDE, a minority partner of the governing coalition. Both ALDE and the Social Democrats (PSD), the main governing party, were the clear losers of the European poll, which was organised by bodies like the Foreign Ministry, which are under their political control.
Romania's governing coalition supports Romania's National Bank (BNR) governor Mugur Isarescu for a new term, governing Social Democratic (PSD) sources have told HotNews.ro. Isarescu is the longest serving high profile official in the post-communist country and had hinted he might retire when his current term comes to an end this fall.
UPDATE Senate speaker Calin Popescu Tariceanu, leader of ALDE party, a minority partner in the governing coalition, said on Monday that following talks with PM Dancila support was agreed for Isarescu to get a new term
Romanian MPs voted on Tuesday against a censure motion submitted by the opposition against the Social Democratic (PSD)-led government of Viorica Dancila. The bill, aimed mainly at keeping the PSD executive in check, was predicted to fail well in advance.
Romanian prosecutors have placed a top former aide of Romanian PM Viorica Dancila under judicial control for revealing secrets against the interest of national security. Darius Valcov, seen as the brains behind the government plans including a lot of controversial economic measures adopted by the Social Democratic (PSD) government, is targeted after he published on Facebook a secret protocol between the Prosecutor General's Office and the National Intelligence Service.
Early electionson September 6 would be the only solution for the crisis in the Republic of Moldova, Teodor Melescanu, Foreign minister in Romania's Social Democratic (PSD) -led government, said on Monday. It is the first clear position from a relevant Romanian official since the political crisis spiraled in Chisinau this weekend.