Romania political crisis - Business Review

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Romania’s government, in reshuffle: Three new ministers on board

Who’s News February 22, 2017 16:29 0 comments

Less than two months after being sworn into office, the government led by Sorin Grindeanu could go through the first major changes in its structure, following a decision taken by the Social Democratic Party (PSD).…more »

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PM Grindeanu to announce nominations for new Justice Minister on Wednesday

Featured February 20, 2017 13:20 0 comments

Romanian PM Grindeanu said the nominations for the Minister of Justice will be announced o Wednesday. According to Grindeanu, it was „very likely” that the new minister could be someone from outside the ruling coalition.…more »

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OMV Petrom CEO criticizes ‘unconstructive rhetoric’ towards multinational companies

Business February 16, 2017 14:32 0 comments

Asked to comment on the current political developments in Romania, OMV Petrom CEO Mariana Gheorghe said they represented an exercise in democracy and criticized the 'unconstructive rhetoric' towards multinational companies. “What happened these days is…more »

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Romanian flag, recreated by over 50,000 protesters in Bucharest

Who’s News February 12, 2017 21:39 0 comments

At 9 PM sharp, on Sunday evening, more than 50,000 people that had were attending a protest in Victoriei Square, in front on the Government building, opened the flashlights of their phones and placed on…more »

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Romania’s Senate head on trial for perjury, aiding and abetting in corruption case

Who’s News February 10, 2017 16:57 0 comments

The president of the Romanian Senate, Calin Popescu-Tariceanu, has been put on trial in a corruption case involving the illegal restitution of the former royal farm Baneasa and a forest in Snagov to Romanian Prince…more »

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Protests in Romania continue despite resignation of minister of justice

Who’s News February 10, 2017 09:22 0 comments

People rallied near the government building in Bucharest, for the 10th day in a row, hours after the minister of justice, Florin Iordache, resigned, amid controversies regarding controversial amendments to the Criminal Code that he…more »

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AmCham Romania: Allegations against multinational companies – untrue and unconstructive for economy

Business February 09, 2017 15:29 0 comments

On behalf of its members, U.S., Romanian, EU and international companies, AmCham Romania rejects the recent allegations reflected in the media according to which multinational companies in Romania have supported the public protests in response…more »

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Romania political crisis: Justice Minister Florin Iordache steps down

Business February 09, 2017 14:58 0 comments

Justice Minister Florin Iordache announced he was stepping down. He is the second minister that resigns in less than a week, underlining the political crisis that has engulfed Romania in the recent period. “I decided…more »

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Romania’s president meets with protesters asking for his resignation over lingering political crisis

Legal February 09, 2017 09:33 0 comments

Romanian president Klaus Iohannis attempted on Wednesday evening to talk to a group of people that were calling for his resignation, despite the blizzard that had engulfed Bucharest. The head of state spent a few…more »

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Romania’s opposition fails to topple Grindeanu government via motion of no confidence

Featured February 08, 2017 16:39 0 comments

The motion of no confidence initiated by opposition parties National Liberal Party (PNL) and Save Romania Union (USR) was rejected by Parliament on Wednesday. This was the first motion of no confidence initiated against the…more »