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The month of political aberrations

Over 9.4 million citizens who went to the polls on November 24 had their options canceled by the Constitutional Court of Romania, which, after validating the first round of the presidential elections on December 2, reversed its decision on...

The big surprise of the elections - Călin Georgescu - at Putin's side (Illustration by MAKE)

Călin Georgescu - the big winner of the first round of the presidential elections

Călin Georgescu is the big winner of the first round of the presidential elections, as he recorded an unprecedented progress for a relatively obscure candidate who was credited with 2% at the beginning of the electoral campaign and was in first...

Photo source: facebook / CurteadeConturiRO

The Court of Accounts demands the sanctioning of the authorities that delay contesting public tenders

The Court of Accounts recommends supplementing the legislation on remedies and appeals in the matter of awarding public procurement contracts (Law 101/2016) with sanctioning measures, with the aim of preventing the delay in the submission by the...

Press statements at the headquarters of the People's Advocate, after the submission of the notification request to the CCR on the Emergency Ordinance regarding the merging of local and European parliamentary elections. (Source: facebook/Ludovic Orban)

The United Right asks the Ombudsman to refer the CCR regarding the merging of the elections

Cătălin Drulă, Ludovic Orban and Eugen Tomac - the leaders of the United Dreapta Unită alliance - asked the Ombudsman yesterday to appeal to the Constitutional Court of Romania the emergency ordinance regarding the merging of the European...

"The way COMVEX ended up under Dan Drăgoi's control is the blueprint of a scam" (II)

Radu Soviani: Was he still an active general?

Marcel Ciolacu declared that the damage caused to Romania by not joining the Schengen area amounts to 2% of the Gross Domestic Product.

The government will attack at the CJEU a new veto of Austria regarding the accession to the Schengen area

Prime Minister Marcel Ciolacu stated, in an interview given to the Austrian daily Der Standard at the end of last week, that the Government will appeal to the Court of Justice of the European Union a new negative vote by Austria regarding...

SURPRISING HYPOTHESISThe spread of the Coronavirus stops after 70 days

• That happens regardless of whether isolation measures are imposed or not

"For decades, the people of Bucharest have been misled by ELCEN"

• (Interview with lawyer Gheorghe Piperea, receiver of RADET)

"The National Anticorruption Department has 4804 corruption cases ongoing"

(Interview with General Prosecutor Augustin Lazăr)

Paul Anghel, ANPC: "It is abnormal for some telephony operators to interpret < < unlimited > > as < < limited > >"

THE COURT RULED THAT SOME CONTRACTS CONCLUDED BY CELL PHONE COMPANIES INCLUDE ABUSIVE CLAUSESPaul Anghel, ANPC: "It is abnormal for some telephony operators to interpret < < unlimited > > as < < limited > >"

The Courts have decided that some contracts concluded by the telephony companies contain abusive clauses. The Court rulings were rendered last year, as well as in 2016, but the argumentations have been formulated relatively recently.

VIOREL MICULA:"We wouldn't have ended up setting a distraint on ROMATSA had the Romanian state complied with the law"

A Belgian court recently awarded the Micula brothers, Viorel and Ioan the garnishment of the funds that Romatsa was supposed to cash from Eurocontrol.

THE WAR ISN'T BEING WAGED IN THE COURTS ALONE"Aversa Manufacturing" and the AAAS bring out the big guns

The conflict between "Aversa Manufacturing", which acquired pump maker "Aversa", and the Authority for the Management of Assets of the State (AAAS) is being waged on several fronts.

THE ACQUISITION OF 9.7% OF BANCA TRANSILVANIA BY BANK OF CYPRUSThe investigation in Cyprus used as evidence in the case of Horia Ciorcilă

The report that investigates the manner in which Bank of Cyprus came to own 9.7% of the shares of Banca Transilvania (BT), conducted by American consulting firm Alvarez&Marsal (A&M), at the request of the Central Bank of Cyprus, has been...

Sfîrăială has another go at Templeton

With its buyback offer in full swing, the Proprietatea Fund has been dealt a new blow by the Bucharest Court of Appeal, which has decided to invalidate a decision of the shareholders of the Fund, by which Franklin Templeton was appointed as the...

EXCLUSIVEThe IPO of Nuclearelectrica stumbles over lawsuit

The labor union of the Cernavodă nuclear power plant has filed a statement of opposition at the Trade Registry, against the registration of the decision of the shareholders of Nuclearelectrica to increase the share capital of the company for the...

A credit strike - an unusual decision of one customer of BCR

One customer of the Romanian Commercial Bank (BCR) yesterday sent the members of the Romanian Parliament a letter requesting the investigation of the activities conducted by the Romanian Banking Association (ARB), the Government, the...

A credit strike - an unusual decision of one customer of BCR

One customer of the Romanian Commercial Bank (BCR) yesterday sent the members of the Romanian Parliament a letter requesting the investigation of the activities conducted by the Romanian Banking Association (ARB), the Government, the...

TWO SIDES ARE FIGHTING BUT IT'S THE BSE THAT LOSESThe Great Hullabaloo around the dividends of the Proprietatea Fund

• The Proprietatea Fund announces the payment of dividends, according to schedule

Customers have won their first lawsuit against Volksbank Romania

Towards reforming the international financial and monetary systems in a way that responds to the needs of all peoples

• From the Pontifical Council for Justice and Peace, 24 October 2011

The wake of the Euro

All of the leaders of the EU say wacky things at times, but French president Nicolas Sarkozy sure takes the grand prize:

Gheorghe Piperea: "The AVAS is washing its hands on the matter of the listing of BCR"

Reporter: We have asked the AVAS about the means it has available to force the listing of BCR. The Authority has told us that "it has informed Erste of its finding that, on the grounds of the Agreement to postpone the listing of BCR, signed...

The Constitutional Court has postponed the hearing of the holding cap for the SIFs

BRIEF HISTORY

• November 24th, 2005

The latest events of Roşia Montană show that the Government was too quick to make the project part of its governing program in December 2009.

Roşia Montană nearing legal dissolution

• The Office of the Trade Registry refused to register the share capital increase, which was vital for preventing the dissolution of the company

Romaero Borrows 10-12 Mln RON To Pay Debts To State

Romaero is planning to borrow 10-12 million RON to pay overdue debts to the State. The loan would be collateralized with several assets, according to an announcement published in the Official Gazette quoted by NewsIn. Romaero has a share capital...