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Tag Archives: reforms

European Commission, concerned about the amendments regarding justice

The European Commission has expressed concern on Thursday about the developments in Romania in regard to the amendments to the Criminal Procedure Code and the other amendments to the legal framework regarding justice, hotnews.ro informs. EC spokesman Christian Wigand said ...

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French President Emmanuel Macron praises President Iohannis: A head of state who does not leave the country get out of hand

In a context of a more fragile democracy in Europe, by illiberal regimes that would like magistrates to no longer be politically independent, Klaus Iohannis is a positive example because he does not leave his country get out of hand, ...

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EC closely follows the developments on the laws of justice. The Venice Commission should be consulted

The European Commission has announced on Monday, in a release, that is follows with attention the legislative process in Romania and the possible amendments to the laws of justice and to the Criminal Codes. The EC claims that the consultation ...

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ING study: Romania, attractive to investors due to the low labor costs

Romania and Bulgaria are the countries in Central and Eastern Europe (CEE) offering investors attractive labor costs, while Poland excels in education, according to a study by financial group ING, quoting a Deloitte analysis. CEE’s advantages are represented by labor ...

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CVM report on Romania: Major progress, however not all problems handled. Draft emergency ordinances on pardon, criminal codes’ amendment could affect anti-corruption fight, foot note warns

The European Commission on Wednesday released the reports monitoring Romania and Bulgaria’s progress in reform, done under the Cooperation and Verification Mechanism (CVM). The CVM analyzes each country’s progress in fighting corruption, while providing an assessment of judicial reform. Unlike ...

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PM Ciolos presents his government’s balance sheet, says he has no intention to leave the country

PM Dacian Ciolos held a press conference on Wednesday to present a balance sheet of his one-year mandate at Victoria Palace. Ciolos stated that his Cabinet enjoyed ‘a relatively volatile political endorsement’ in Parliament, which hindered certain decisions. “There were ...

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Bucharest, Cluj, Timisoara may join the eurozone, the rest of the country may not – Fiscal Council Chairman says

Romania should solve first of all the domestic integration, before joining the eurozone, as regional disparities are huge and have worsened lately, the Chairman of the Fiscal Council Ionut Dumitru says. “Regional disparities in Romania are very large. We’ve reached ...

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Update: BNR Governor claims paradox – Romania has never been in a better situation, but risks have never been so high

Central bank Governor Mugur Isarescu considers populist currents may lead to euphoria for beneficiaries, but the economic costs are not at all negligible. During a Coface conference on country risks in Bucharest, Isarescu said “Romania has never been in a ...

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BNR Governor, dissatisfied with the level of European funds absorption. Productivity – the key to higher standard of living

Central bank Governor Mugur Isarescu has said on Tuesday that the level of European funds absorption is “far from satisfactory”. “Such deadlocks are likely to substantially limit the growth potential. Easing the tax or monetary policy instead of carrying out ...

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