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The SANT Committee, the new target of lobbying by the giants of the pharmaceutical industry?

The establishment by the European Parliament, last week, of the new standing committee on public health (SANT) - which in the previous European Parliament was only a subcommittee - could become a platform for lobbyists from the pharmaceutical...

Ministry of Energy: We are facing an acute energy crisis

Our country is facing an acute crisis in the energy sector, marked by the inability to ensure the necessary domestic consumption of electricity, a situation that endangers the stability of the National Power System (SEN) and increases dependence...

Bad news for household consumers: gas bill to increase from January 1, 2025

The Association of Electricity and Gas Suppliers in Romania (AFEER) draws attention to a 10% increase in natural gas bills for household consumers, starting January 1, 2025, if Parliament does not quickly adopt a legislative amendment. The gas...

Which BSE titles did Pilon II funds trade in the third quarter?

The Pilon II private pension funds, to which employees in our country contribute 4.75% of their gross monthly income, bought shares in OMV Petrom, Hidroelectrica, Romgaz and BRD-Groupe Societe Generale, in the third quarter of the year, but they...

A public-private marriage: Laura Vicol - who, after the outbreak of the Nordis scandal, resigned from the position of president of the Legal Commission in the Chamber of Deputies, from the PSD and from all other political positions she held - married, in 2017, Vladimir Ciorbă, which officially owns 46% of the Nordis Group business. (Photo source: facebook / Vladimir Ciorba)

The Nordis Group scandal: background, legal, political and economic implications

With the opening by the Bucharest Court, on October 7, 2024, of the insolvency procedure for the Nordis Management SRL company, following the disclosures published two days before by the Recorder publication, the biggest scandal of recent years...

A buzzing idea - the Sovereign Investment Fund

In an unstable economic context and marked by multiple challenges, the debate on the establishment of a Sovereign Investment Fund (SIF) was recently relaunched in the public space, a topic that will be extensively analyzed in an event organized...

Roxana Mînzatu - Executive Vice-President for People, Skills and Training, European Commissioner for Professional Skills, Education and Culture, Jobs, Social Rights and Demography. As executive vice-president of the European Commission, Roxana Mînzatu will lead the work on the Union of Competences and the European Pillar of Social Rights.

Premiere: Premiere: Romanian MEP - Vice-President of the European Commission

Roxana Mînzatu, the Ciolacu government's proposal for the position of European Commissioner from Romania, was nominated yesterday by Ursula von der Leyen, the president of the European Commission, as one of the six vice-presidents of the...

The Sovereign Investment Fund proposed by the Simion Plan, difficult to implement in the current economic conditions

The creation of a Sovereign Investment Fund in Romania (SIFIR), which would be capitalized from the collection of royalties and taxes for the exploitation of mineral and energy resources, as well as from the dividends of state-owned energy...

USR parliamentarians campaign for zero taxes for the minimum wage on the economy, and for progressive taxation according to certain levels of this income.

Amending the Fiscal Code, on the list of legislative priorities of the new parliamentary session

Amending the Fiscal Code, without introducing new fees and taxes and without increasing the existing ones, amending the single salary law in the budget system in order to fulfill the reform included in the National Recovery and Resilience Plan -...

ASF Vice President Dan Armeanu says that an important factor in stimulating the development of voluntary private pension funds is represented by the level of tax deductibility of contributions.

"The demographic evolution increased the pressure on the public pension system"

Reporter: How adequate do you think the current pension system architecture is for our country's current and future needs?

"The residential construction market is decreasing"

Reporter:: How did the construction sector perform in the first semester of 2024? Is there a greater appetite for investment in the industrial area? Has the residential market contracted or stagnated compared to the first half of 2023?...

New financial instruments for financing military expenditure

In the context of the increase in defense spending at the European level and the need to quickly equip the Romanian armed forces with the latest equipment and technology, compatible with those of NATO allies, in order to ensure the stability of...

Photo source: https://www.eeas.europa.eu/node/65261_en

GRECO passed our grade: satisfactory report on the rule of law

With 8 out of 13 recommendations satisfactorily met, the Group of States against Corruption (GRECO) believes that our country is on the right track regarding the rule of law, according to the report published yesterday, but adopted in the plenary...

The EC accuses the Ciolacu Cabinet of governing through emergency ordinances

The European Commission criticizes the large number of emergency ordinances adopted by the Ciolacu government, stating that the legislation through the GEO is a source of concern for companies, especially when they look at the implementation of...

The moment when Diana Iovanovici Sosoacă is evicted from the European Parliament meeting, filmed by Luis Lazarus.

Ursula von der Leyen, reinstalled as head of the European Commission

The European Parliament, with 401 votes in favor, 284 votes against, 15 abstentions and 7 null votes, decided yesterday to grant Ursula von der Leyen a new mandate as President of the European Commission, despite the fact that the EU Court of...

Accountants' protest against the new tax measures

The members of the Employers' Association of Accountants from Romania and other specialists in the field will protest on Monday, July 8, against "legislative abuses and oppressive fiscal measures" that deeply affect every...

"The listing of new shares of companies from the state portfolio would increase BVB's liquidity"

Reporter: According to the European Federation of Stock Exchanges (FESE), the Bucharest Stock Exchange is the second largest in Eastern Europe, above the stock exchanges in Hungary and the Czech Republic, but the value of transactions is...

ECA report: European institutions do not fully comply with transparency rules regarding lobbying activity

At the level of the EU institutions, there is a high risk that certain lobbying activities escape the transparency "radar" regarding this activity, the European Court of Auditors (ECA) shows in a report published yesterday. The document...

Alexandru Petrescu declared: "The digitization of financial services and products needs a thorough financial education. The two concepts are interdependent and must support each other, because otherwise we will never be able to talk about a real success in terms of implementing technologies in the financial area.Photo souce; facebook / Alexandru Petrescu

Alexandru Petrescu, ASF President: "The imagination of those who commit financial fraud is very rich"

Consumers must inform themselves before making transactions or financial purchases online, as the imagination of those who commit fraud in this field is very rich, said yesterday Alexandru Petrescu, President of the Financial Supervisory...

"The development of derivative financial instruments markets - an essential element in the maturation of the capital market"

Reporter: What are your objectives in the current term of office as vice president of the Financial Supervisory Authority, responsible for the capital market?

The eighth edition of the annual conference of AFEER, an event that this year was held under the title "Preparations for a competitive energy market".

The suppliers expect the increase in the settlement terms of the state regarding the compensation of energy facts

The delays regarding the payment by the state of compensation for energy facts could increase significantly after the Government's approval of the draft normative act that will amend GEO 27/2022 through which the capping-compensation...

Photo source: facebook / Ministerul Apararii Nationale, Romania. (Photo credit: Cosmin Marinescu, Stelian Dună)

Prime Minister Ciolacu broke the Army's piggy bank

Last year, the government cut 7.2 billion lei from the money allocated for the endowment of the Army and transferred that amount to the reserve fund in order to retain the loyalty of its party clientele, says deputy Claudiu Năsui (USR), former...

Liberalization put on stand-by; The Ministry of Health strictly regulates the authorization of pharmacies

The tightening of the limits provided by the geographical criterion and the demographic criterion regarding the establishment of pharmacies, a measure provided for in the draft government ordinance initiated by the Ministry of Health, a normative...

Fostul premier bulgar Kiril Petkov, inculpat pentru abuz de putere

Fostul premier bulgar liberal şi proeuropean Kiril Petkov a fost inculpat pentru abuz de putere, parchetul acuzându-l că a orchestrat în martie 2022, fără motiv valabil, arestarea mediatizată pentru corupţie a adversarului său conservator Boiko...

The new management of ASF is waiting for the Parliament's vote, after the mock hearings from the assembled commissions

The Financial Supervision Authority is waiting for the vote tonight or tomorrow by the plenary of the Parliament which will confirm the choice of the new management team made yesterday by the members of the joint committees of the budget,...

Legislative change: The Returo company will pay penalties for not reaching the collection targets of blankets, bottles and cans

The Returo company, which is the administrator appointed to manage the Guarantee-Return System regarding reusable primary packaging, will be penalized in the event of not reaching the collection targets assumed for blankets, bottles and cans,...

Ramona Strugariu specified: "We have received information from sources that we will be sued by some member states - which did not want such a legislative proposal from the beginning - and the legal basis of the position adopted by the European Parliament will be challenged. I've been through this before, I've heard it before, there have been such attempts before. Let's see if it will happen or not". (Photo source: facebook / Ramona Strugariu)

The European Parliament, threatened by France and Germany with a trial at the CJEU on the law on press freedom

According to sources cited by the european deputy Ramona Strugariu (Reper/Renew Europe), rapporteur on the European Act for Mass Media Freedom (EMFA), France, Germany and Hungary are threatening to sue the European Parliament because of the...

50 billion euros - European support for Ukraine

Brussels wants to establish a financial mechanism for Ukraine, although the budget deficit of the European Union for 2022 was 107.6 billion euros higher than in 2021 (344.3 billion euros in 2022 and 236.7 billion euros in 2021) according to the...

RPIA and RWEA: "The direct concession of ADS land to state companies is profoundly anti-competitive"

The draft emergency ordinance by which the Government wants to directly grant to state companies in the energy field part of the land under the administration of the State Domain Agencies violates competition, claim, in a press release sent to...

Tax wave

Companies that exceed a turnover of 50 million euros and banks will pay a tax of 1% on turnover provides for the draft law on some fiscal budgetary measures to ensure the financial sustainability of Romania in the long term posted, yesterday, in...

Isărescu says that he does not want to take over the protection of banking consumers, but that he accepts it

The governor of the National Bank of Romania spoke publicly for the first time regarding the transfer of consumer protection duties from ANPC to the central bank. Although he wanted to appear categorical, Mugur Isărescu appeared rather undecided....

Photo source: facebook / European Commision

Ukraine - the main beneficiary state of EC activity in the last year

Ursula von der Leyen will present today, in the European Parliament, the official speech on the State of the European Union, one year after the previous speech and four years after assuming the mandate of president of the European Commission. Von...

Independenţa justiţiei şi corupţia - restanţele ţării noastre în Raportul "Rule of law"

Presiunile asupra magistraţilor, gradul ridicat de percepţie al corupţiei, netransparenţa cheltuirii fondurilor publice şi desele schimbări legislative sunt doar câteva dintre problemele semnalate de Comisia Europeană cu privire la ţara noastră...

"The state needs to ensure that 5G networks cannot be used against it or against its allies"

THE BURSA ONLINE DEBATE - THE PROBLEMS OF 5G TECHNOLOGY AND THE PROBLEMS IT SOLVES / MARIAN MURGULEŢ, STATE SECRETARY AND CHIEF INFORMATION OFFICER IN THE GOVERNMENT:"The state needs to ensure that 5G networks cannot be used against it or against its allies"

An important step for the organization of the 5G call for bids for range license is the transposition of the 5G memorandum signed between the Romanian government and the US government, and the Romanian state needs to ensure that the 5G networks...

The elimination of the holding cap in the SIFs, or how cryptocommunists are taking their country back

As the cap on holdings by individual investors was being raised, projects and strategies to go around it have been were conceived, as Bîlteanu and Lakis did by having SIF Banat Crişana take over the manager of SIF Muntenia.

The project of the ASF is being led to its death by a team of incompetent people

We are going through a period where, like never before, the non-banking financial markets are in turmoil and there are few people who remember April 30, 2013 when the Romanian Financial Oversight Authority was created. Uniting three former...

TIMMERMANS:"Când statul de drept e călcat în picioare, politicienii nu mai pot fi traşi la răspundere"

Actualizare - Frans Timmermans: "Suntem la dispoziţia voastră să vă ajutăm şi ştim că este nevoie ca deciziile CCR să fie transpuse în legislaţie"

SPECIAL EDITION"The distribution of 90% of the profit does not affect the investment program of Nuclearelectrica"

Interview with Mr. Cosmin Ghiţă, interim CEO of Nuclearelectrica

INCOMPATIBILI SAU NU?Europarlamentari cu locuri de muncă multiple

• Aproape 60% dintre membrii Parlamentului Uniunii Europene au mai multe activităţi externe

REPORT FROM BRUSSELS / EUROPEAN ENERGY COMMISSION:"The amendments of the Industries Commission to Emergency Government Ordinance 64 cannot be approved"

The European Commission is encouraging dialogue with the Romanian authorities concerning Emergency Government Ordinance 64 of 2016 concerning the natural gas sector, but if the issues on this matter cannot be resolved, we may resort to the...