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Key Romanian leader Dragnea to be absent from ceremonies to launch Romanian EU Council Presidency
de Editorial Staff HotNews.ro
Joi, 10 Ian 2019 English | Top News
The official ceremony for the launch of the Romanian presidency of the EU Council, scheduled in Bucharest with the participation of top EU leaders, will be missed by House of Deputies speaker Liviu Dragnea, the de facto leader of the governing Social Democrats (PSD). Dragnea, a politician who has received a suspended conviction for electoral fraud and faces other corruption cases, has delegated his tasks as speaker to vice-speaker Florin Iordache, also of the PSD.
Romania's judicial issues take international turn with cases involving top politician Dragnea, ex-chief anti-graft prosecutor Kovesi
de Editorial Staff HotNews.ro
Miercuri, 9 Ian 2019 English | Top News
Two major judicial cases involving key public figures in Romania went international these days, shortly after the country took over the EU Council presidency. Both are related to the fight against corruption in the country and involve two major opponents - a former top anti-graft prosecutor and a political leader who had received a conviction.
Russia Embassy sparks Romanian diplomatic reaction with comments about alleged smear campaign against Soviet "bandit and rapist" soldiers
de Editorial Staff HotNews.ro
Luni, 31 Dec 2018 English | Top News
Romania's Foreign Ministry reacted with "regrets" on Sunday to a statement published this weekend by the Russian Embassy to Bucharest, in which it claimed there was a campaign to smear the Red Army by labeling Russian soldiers during WWII as "bandits and rapists" while they liberated ECC countries from fascism. The Embassy statement was received as a provocation by Romanian commenters who point out the memories shared by the elderly, of the deeds Russians committed in their wake to their coming to Romania during and after the war.
Romanian government adopts ordinance expanding taxation despite public outcry
de Editorial Staff HotNews.ro
Sâmbătă, 22 Dec 2018 English | Top News
Romania's Social Democratic government late on Friday adopted a much criticised emergency ordinance which forces new or increased taxes on banks, energy and telecom companies and changes to private insurances. The ordinance is a slightly watered down version of a draft one which on Wednesday sent shocks through the stock exchange and the business sector. The government went with the initiative anyway, despite criticism of its lack of transparency and abusive actions.
Romanian first post-communist president Ion Iliescu indicted for crimes against humanity in 1989 Revolution case
de Editorial Staff HotNews.ro
Vineri, 21 Dec 2018 English | Top News
The man who took the reins of power in the wake of the anti-communist Revolution in Romania, Ion Iliescu, and three other high profile leaders of the December 1989 events have been indicted for crimes against humanity, the Prosecutor General's office announced on Friday.
Romania's government party in counter-attacks as motion censure fails
de Editorial Staff HotNews.ro
Joi, 20 Dec 2018 English | Top News
Romania's Social Democratic Party (PSD)-led government survived a motion censure submitted by the opposition on Thursday, going on counter-attack with new threats and blaming others for political failures. The government was forced, however, to postpone until Friday a decision on a draft emergency ordinance on fiscal changes, which has sparked an outcry on the stock exchange and among businesses since Tuesday. The fate of another critical ordinance was still to be cleared by late afternoon.
Romania government's draft taxes prompt major losses of over EUR3 billion on Bucharest Stock Exchange
de Editorial Staff HotNews.ro
Miercuri, 19 Dec 2018 English | Top News
Some EUR 3.1 billion were erased on the Bucharest Stock Exchange (BVB) on Wednesday, a day after the Romanian government announced a draft ordinance bringing major changes to taxation and other corporate regulations, less than two weeks before the new year. Energy and banking institutions were most affected by the BVB blow in the wake of the government announcement, which mainly affects banking, energy, telecom and insurance companies.
Romanian government throws market into chaos with draft changes to tax and corporate rules
de Editorial Staff HotNews.ro
Miercuri, 19 Dec 2018 English | Top News
Romanian authorities sparked market outcry on Wednesday by announcing on Tuesday evening a series of massive changes to Romanian tax and other corporate rules, changes due to be applied, theoretically, in less than two weeks. The Bucharest Stock Exchange opened with strong losses today and pension funds, investors and other private sector bodies reacted harshly to measures which include a Greed Tax (yes, that is its name), changes to private pensions and state intervention on electricity and gas prices.
- UPDATE 1 President Klaus Iohannis urged the government on Wednesday to drop plans for the new taxes, saying they were "throwing Romania into chaos". He said PSD was to blame of "greed"
- UPDATE 2 Also on Wednesday, the American Chamber of Commerce in Romania (AmCham Romania) called for an urgent withdrawal of the emergency ordinance, calling its provisions as lacking responsibility and causing generalised chaos in the economy.
Romania governing party leader Liviu Dragnea draws reactions with radical speech attacking Justice rule, the West, major companies and president Iohannis
de Editorial Staff HotNews.ro
Luni, 17 Dec 2018 English | Top News
Liviu Dragnea, the speaker of Romania's House of Deputies and leader of Romania's governing Social Democrats (PSD), used a speech on Sunday evening to strengthen his image of a strongman, with nationalistic attacks against the West, Western companies, the rule of law and president Klaus Iohannis, his political archrival. His statements drew a wave of reactions on Monday, as public bodies and various organisations took a stand against his statements.
Romanian Govt announces emergency ordinance on penal codes
de Editorial Staff HotNews.ro
Luni, 10 Dec 2018 English | Top News
Romania's PM Viorica Dancila on Monday announced that the leadership of the governing Social Democratic Party (PSD) has decided the adoption of an emergency ordinance on the penal code and penal procedure codes of the country. She said that there was a vote on the opportunity of such an ordinance, but not when it would be adopted.
VIDEO Throngs attended blessing of Romania's new, grandiose Orthodox cathedral amid controversies
de Editorial Staff HotNews.ro
Luni, 26 Nov 2018 English | Top News
Throngs of Romanians attended the blessing of a gigantic new Orthodox cathedral on Sunday, in the immediate vicinity of the immense Communist-era House of the People. The event and its circumstances painted a vivid tableau of the country which is due to celebrate the anniversary of 100 years of statehood on December 1.
DIGEST Romania govt party leader Dragnea strengthens reign with reshuffle and Bucharest blow, as new revelations about him emerge
de Editorial Staff HotNews.ro
Marţi, 20 Nov 2018 English | Top News
The leader of Romania's governing coalition Liviu Dragnea on Monday strengthened his rule over his party by removing influential critics from key positions. He and his prime minister Viorica Dancila announced several major changes to the governmental team, while the Bucharest mayor, a prominent member of Dragnea's Social Democrats (PSD) and an opponent of the party strongman, was left without political functions.
Top governing party politician shows middle fingers to Romania opposition in rebuke to European Commission criticism
de Editorial Staff HotNews.ro
Miercuri, 14 Nov 2018 English | Top News
An influential deputy of Romania's governing Social Democratic Party (PSD), Florin Iordache, used both his middle fingers towards the Opposition in Parliament on Wednesday, shortly after he rebuked European Commission calls for Romanian authorities to step back in their efforts to curb Judicial reform.
Romanian PM Dancila says EP resolution, EC report on Romania are "deeply unjust" and "eminently political"
de Editorial Staff HotNews.ro
Miercuri, 14 Nov 2018 English | Top News
Romanian prime minister Viorica Dancila, seen as a puppet acting on behalf of Social Democratic Party (PSD) leader Liviu Dragnea, called two key positions of the European Parliament and the European Commission on Romania on Tuesday as "deeply unjust" and "eminently political".
Bucharest reacts to Finnish government offer to take over EU Council presidency. Romanian ministry says country ready for job
de Editorial Staff HotNews.ro
Miercuri, 14 Nov 2018 English | Top News
Romania's Foreign Ministry on Tuesday said that the country was ready to take over its term at the presidency of the EU Council starting January 1 and that preparations were under way according to schedule. The statement came after the Finnish Government said it was available to take over the leadership of the Council earlier, if requested by authorities in Bucharest. Helsinki took the stand after Romania's President questioned the readiness of the government to deal with the responsibilities of the EU Council presidency.
European bodies slam Romania government over state of law, Romanian officials react
de Editorial Staff HotNews.ro
Marţi, 13 Nov 2018 English | Top News
The European Commission on Tuesday issued a blasting report the evolution of Justice reform in Romania - the so-called Cooperation and Verification Mechanism (CVM) - while the European Parliament adopted a resolution on the state of law in the country, seriously critical of events in the past year. Meanwhile, in Bucharest, the leader of the governing PSD party tried today to dillute the importance of the EU bodies' interventions.
As key minister steps back, Romania President Iohannis calls incumbent government "an accident of democracy", says country not ready to take over EU Council presidency
de Editorial Staff HotNews.ro
Luni, 12 Nov 2018 English | Top News
Romanian President Klaus Iohannis on Monday launched one of his harshest attacks on the Social Democratic (PSD)-led government, saying "things have gone insane" and "the political necessity is a replacement of this accident of the Romanian democracy, which is the Dragnea-Dancila government". He made the comments as the minister-delegate for EU issues, Victor Negrescu, appeared to have resigned last weekend, less than two months before Romania takes over the EU Council presidency.
Romanian investigative media organisation says authority demands it to reveal source in major report, threatening EUR 20m fine
de Editorial Staff HotNews.ro
Vineri, 9 Nov 2018 English | Top News
Romanian investigative media organisation RISE Project on Thursday said an authority of the state has asked it to reveal a source in a major report published earlier this week. The request of the government-controlled data protection agency used GDPR rules to support its request after an investigation related to a business linked to the head of the PSD governing party, Liviu Dragnea.
Romanian Senate Speaker Tariceanu faces graft accusations in case related to his PM term
de Editorial Staff HotNews.ro
Joi, 8 Nov 2018 English | Top News
Romanian anti-graft prosecutors are accusing Senate speaker Calin Popescu Tariceanu of having received "material benefits" amounting to some USD 800,000 when he served as prime minister a decade ago. According to HotNews.ro sources, the charges are related to Austrian company Fujitsu Siemens Computers GmbH, which was a distributor of Microsoft licenses at the time.
Romania governing party leader Dragnea stands against rising pressure with party expulsions, mockery of investigative report
de Editorial Staff HotNews.ro
Luni, 5 Nov 2018 English | Top News
Liviu Dragnea, the embattled but strong armed leader of Romania's governing Social Democrats (PSD), on Monday was standing up against increasing pressure in the form of inner party opposition and of an investigative report blasting a major business he had been linked to.
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