majority

The National Bank of Romania (NBR) Board decided with a majority of votes, i.e. 6 for and 3 against, to increase the monetary policy rate to 5.50 percent from 4.75 percent as well as to raise the lending (Lombard) facility rate to 6.50…

President Klaus Iohannis has officially appointed General Nicolae Ciuca for prime minister on Monday, this time to lead a PNL-PSD-UDMR government. The head of state made a brief announcement after a quick round of consultations with all…

The leaders of the National Liberal Party (PNL) have voted last night in the National Political Bureau to officially start the negotiations with the Social Democratic Party (PSD) to form a new Cabinet. The Liberals condition the…

President Klaus Iohannis announced in a press statement on Thursday that he will not call parliamentary parties to Cotroceni for consultations until there is a parliamentary majority to support a government. "The first topic I want to…

There are more and more voices who voiced intention today to restore the ruling coalition with USR. Even the Liberal interim PM Florin Citu admitted it. This is confirmed also by the Liberals' existing ruling partner, UDMR. PNL chairman…

The Executive Bureau of the National Liberal Party (PNL) has decided on Friday not to endorse Dacian Ciolos to form a new government. The Liberals' decision comes before the discussions scheduled between PM designate Dacian Ciolos, Florin…

The political parties' consultations with President Klaus Iohannis to nominate a candidate for the PM position after the Citu Cabinet had been toppled down by censure motion last week, have started at Cotroceni Palace on Monday. The first…

Datanet Systems, integrator of complex IT&C solutions and systems and member of the Soitron group, makes a strategic investment by acquiring the majority package of shares of Red Dot, a company in Cluj-Napoca. Through this transaction,…

First vice-president of the National Liberal Party, Rares Bogdan has announced on Tuesday afternoon that a "comfortable majority" of 244 deputies and senators is being shaped, together with USR-PLUS and UDMR, to which another 16 MPs from…

Resigning PM Ludovic Orban has avoided to say if it was President Klaus Iohannis who had asked for his resignation, saying the resignation is a personal decision. Repeatedly asked by journalists, Orban stated that he had decided to resign…