Category Archives: 2017

FISCAL REVOLUTION

2018 NEW FISCAL MEASURES ADOPTED Government adopts the so-called `fiscal revolution` despite protests After days of controversy and mass pro-tests, Government adopted, during meeting from today, the Emergency Ordinance that modifies the Fiscal Code. The majority of fiscal changes announced a few weeks ago by the Cabinet were adopted today, including transfer of contributions from […]

PM Grindeanu loses political support of the ruling coalition

Government reshuffle imminent      Romania’s ruling Social Democrat Party has withdrawn support for Prime Minister Sorin Grindeanu and his cabinet. The move is likely to bring down Grindeanu’s government, which has only been in power since January. Romania PM refuses to resign after party withdraws support. I.    BACKGROUND      For the last several weeks there […]

Politics and multinational companies: No, they shouldn’t be so worried!

     The main governing party, PSD,  has worried multinational companies at the end of 2016 and the start of 2017 after a series of declarations, especially regarding “rumors” about their involvement in the street protests that have followed the adoption of controversial government decree 13.      The PSD head of the parliamentary committee that supervises […]

It’s not over: Political tension and unpredictable outcomes

     The Government’s decision to abrogate Emergency Ordinance 13 that de-criminalized certain criminal offenses including abuse of office and the resignation of Justice Minister Florin Iordache failed to calm the protests and the political tensions, although both of them have been somewhat scaled down.      The protesters continue to ask for the Government’s resignation because […]

Government scraps controversial decree, huge protests continue

     The Romanian Government abrogated Emergency Ordinance 13 that would have decriminalized certain legal offenses, including abuse of office, on Sunday February 5th following massive street demonstrations involving hundreds of thousands of people.      However, that didn’t stop the street protests and the same day new record demonstrations were held in most Romanian cities. The […]

Huge protests, high risk for instability

     The PSD-ALDE Government’s decision to adopt an Emergency Ordinance to decriminalize certain criminal offenses, including the very important abuse of office, and to adopt a draft bill to pardon many categories of convicts, has led to a political and institutional crisis and to the largest street protests seen in democratic Romania.      The Ordinance […]

Modification of anticorruption law: High risk of instability

     The Government’s intention to modify the legislation through Emergency Ordinance that would result in the saving of hundreds of important politicians and other important figures, as well as a partial pardon for rapists and pedophiles from the justice’s arms represents an issue with the potential of bringing high levels of social and political instability. […]

Romania has a new Government after the Parliament voted on Wednesday for the PSD-ALDE cabinet led by Sorin Grindeanu.

The Senators and Deputies approved the new Executive with a large majority as along PSD and ALDE, UDMR and the group of national minorities are also part of the parliamentary coalition and voted for. The results of the votes: ·         295 votes for the new Government (out of a total of 463) ·         133 votes […]

Sorin Grindeanu named PM designate, set to quickly form cabinet

President Klaus Iohannis accepted on Friday morning PSD’s proposal for the Prime Minister position, Sorin Grindeanu, giving the 43 years old politician a mandate to form the next Government after he had previously refused PSD’s first proposal, Sevil Shhaideh. Now Grindeanu has 10 days to select his Cabinet and to go to the Parliament for […]

PSD leader Liviu Dragnea announced on Wednesday Sorin Grindeanu as the PSD and ALDE proposal for the Prime Minister position.

43-years old Grindeanu has been a member of the Social Democrat Party for 20 years and has occupied various positions (Timisoara city deputy mayor in 2008-2012, Member of the Romanian Parliament in 2012-2016) and is now Timis county president). From December 2014 until October 2015 he was also the minister of Communications (Information Society) in […]