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December 12, 2016

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December 12, 2016
December 12, 2016

, 12.12.2016, 12:00

ELECTION The Social Democratic Party in
Romania has obtained a landslide victory in the parliamentary election on
Sunday with 45% of the votes, the Central Election Bureau has announced after
over 99% of the votes were counted. Second came with only 20% the National
Liberal Party followed by the Save Romania Union, which only a couple of months
since its foundation has become the third main political group in Parliament
with over 9% of the votes. Other parties that made it to Parliament are the
right wing Alliance of Liberals and Democrats founded by incumbent Senate
Speaker Calin Popescu Tariceanu with 6%, the Democratic Union of Ethnic
Hungarians in Romania also with 6% and the People’s Movement Party of former
president Traian Basescu. The 464 future deputies and senators have been
elected by roughly 40% of the eligible Romanians, the lowest turnout in
Legislative elections since 1989.








HANDBALL Romania’s
national handball side will be taking on the Czech representative at the
European Championship in Sweden on Tuesday. On Sunday in their first game of
the second group the Romanians secured a 29-21 win against Hungary. Norway
comes first in the group standings with six points followed by Romania and
Denmark, each with four points. Next come the Czech Republic and Russia, each
with two points, whereas Hungary has no point. Romania is led by Spanish
selector Ambros Martin who replaced Swedish Tomas Ryde, under whose guidance
the Romanians came third in the World Championships in Denmark in 2015.




COUNCIL Romanian Foreign
Minister Lazar Comanescu is in Brussels to participate in the monthly session
of the Foreign Affairs Council. According to a communiqué by the Foreign
Affairs Ministry high on the agenda are several issues, such as the EU-Africa
relation, the Democratic Republic of Congo and migration with emphasis on
assessing the implementation of the Valletta commitments. The latest developments
in Syria are also to be tackled.






TRIAL The IMF director general Christine
Lagarde will be facing legal proceedings over negligence charges in France for
the time when she was Minister of the economy part of France’s right-wing
government between 2007 and 2011. She has been accused of having awarded 404
million euros in state payout to businessman Bernard Tapie. If guilty Lagarde
could get a one-year prison sentence and 15 thousand euros in fines. We recall
that the French justice has recently indicted former budget minister Jerome
Cahuzac under the mandate of incumbent socialist president Francois Hollande
for tax fraud and money laundering.






REFUGEES Six refugees from Syria, Iraq and
Iran who tried to illegally cross Romania’s border with Hungary hidden in an
adjusted pickup truck have been captured by the Romanian border police. The
pickup was driven by a Bulgarian national. The refugees, five men and a woman
with ages between 15 and 30 years said they were trying to make it to a Shenghen
state but lacked the documents needed to legally cross the border. Hundreds of
refugees, mostly Syrians have tried to illegally cross into Romania on their
way to the West this year.






ISIS The Islamic State has regained
control over the ancient city of Palmyra in central Syria and over its
archaeological site, part of the UNESCO’s world heritage within hours of the
apparently successful air strikes by Russian planes. ISIS’ reoccupation of
Palmyra comes nine months after they were driven out by the Syrian and Russian
troops in an onslaught that enjoyed wide media coverage. After having conquered
Palmyra in May 2015 the ISIS fighters destroyed several ancient monuments and
executed the director of the archaeological sites in the city.





February 16, 2026 UPDATE
Newsflash Monday, 16 February 2026

February 16, 2026 UPDATE

Government. The bills on the public administration reform and the economic recovery package have been finalised and will be adopted by emergency...

February 16, 2026 UPDATE
Newsflash
Newsflash Monday, 16 February 2026

February 16, 2026

Government. The four-party coalition government in Bucharest intends to adopt this week, most likely on Thursday, the public administration reform...

February 16, 2026
February 15, 2026 UPDATE
Newsflash Sunday, 15 February 2026

February 15, 2026 UPDATE

PEACE Romania’s President, Nicusor Dan, has announced his intention to participate in the first proceedings of the Board of Peace in Washington...

February 15, 2026 UPDATE
Newsflash
Newsflash Sunday, 15 February 2026

February 15, 2026

RATING Fitch rating agency has affirmed Romania’s Long-Term Foreign-Currency Issuer Default Rating at BBB- with a negative outlook. According to...

February 15, 2026
Newsflash Saturday, 14 February 2026

February 14, 2026 UPDATE

Rating. Fitch Ratings on Friday affirmed Romania’s sovereign rating at ‘BBB-‘ with a Negative Outlook, the agency said in a...

February 14, 2026 UPDATE
Newsflash Saturday, 14 February 2026

February 14, 2026

Rating. Fitch Ratings on Friday affirmed Romania’s sovereign rating at ‘BBB-‘ with a Negative Outlook, the agency said in a...

February 14, 2026
Newsflash Friday, 13 February 2026

February 13, 2026 UPDATE

Romania’s economy is in technical recession, INS warns Romania’s economy grew by 0.6% in 2025, but was in technical recession at the end of the...

February 13, 2026 UPDATE
Newsflash Friday, 13 February 2026

February 13, 2026

Economy. Romania’s economy grew by 0.6% in 2025, but was in technical recession at the end of the year, after its GDP fell two quarters in a...

February 13, 2026

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