Victor Ponta informed the Presidency about the nomination of Darius Valcov, senator representing PSD, as Minister Delegate for Budget, position formerly occupied by Liviu Voinea. The latter left the ministry for his new role in the board of Rom...more »

The leadership of PDL and PNL designated Klaus Iohannis as the candidate of the recently established Christian-Liberal Alliance (ACL) in this year’s presidential elections. As Iohannis represents the National-Liberals, the prime minister posit...more »

Vasile Blaga, president of PDL, said that the new party following the fusion of PDL and PNL will take the latter’s name, while it will keep the Democrat-Liberals’ headquarter on Mondragon Street in Bucharest. Their common candidate in the pr...more »

The social liberal Ioan Rus yesterday evening took oath before President Traian Basescu during the investiture ceremony held at the Cotroceni Palace. Rus was appointment as Minister of Transportation following Dan Sova’s resignation on Tuesday....more »

Dan Sova, currently Minister of Transportation, today announced his intention to resign in view of the coming presidential elections this fall. Hence, Sova will leave his position as minister after less than four months since his appointment. ...more »

Deputy Prime Minister Liviu Dragnea announced following today’s meeting with Huiman Yi, President of the Industrial and Commercial Bank of China (ICBC) that the bank will provide funds for the energy projects agreed last year...more »

With the current board of BNR ending the ongoing mandate on October 10, 2014, a new Board of Directors of Romania’s Central Bank, BNR, was yesterday voted by the Parliament, upon the joint finance-budget-banking committees approving the nominated candidates....more »

The National Permanent Bureau of the Democrat-Liberals has unanimously approved the initiation of discussions with the National Liberal Party for creating an alternative for Romania, a center-right alliance, announced the PDL leader, Vasile Blaga, according to Agerpres. The decision follows the poor results obtained at Sunday’s elections for the European Parliament, won by the governing alliance PSD-UNPR-PC with nearly 38 percent of the vote, in the context of the coming presidential elections this fall....more »

The four days of elections across the 28 Member States of the European Union have ended with the Group of the European People’s Party (Christian Democrats) scoring the victory and taking about 28.23 percent of the vote, followed shortly behind by the Group of the Progressive Alliance of Socialists and Democrats in the European Parliament, as per the provisional results. Hence, the two major groups within the European Parliament account for 399 of the 751 Members of the European Parliament (MEPs) seats (EPP, 212 and S&D, 187 seats)....more »

The political union leading Romania’s Government, established by the Social Democrats alongside the Conservative Party and the National Union for Romania’s Progress, has won the European Parliament elections in Romania, according to the preliminary results released by BEC (the Central Electoral Office). Upon counting some 93 percent of the vote, the PSD-UNPR-PC alliance accounts for 37,25 percent, followed by the National Liberal which took around 14,9 percent, below the projected 20 percent, the leader, Crin Antonescu previously announcing his resignation provided PNL’s results do not achieve that threshold....more »