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May 10, 2016 UPDATE

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May 10, 2016 UPDATE
May 10, 2016 UPDATE

, 10.05.2016, 12:30

ANTI-CORRUPTION SUMMIT Romania’s deputy Prime Minister Costin Borc and Justice Minister Raluca Pruna over Wednesday and Thursday will be participating in an anti-corruption Summit in London as well in the conference preceding it entitled ”Together in the fight against corruption”. According to the Justice Ministry in Bucharest, the summit hosted by British Prime Minister David Cameron, will be attended by international leaders, representatives of the business environment and civil society. High on the agenda will be government transparency, the enforcement of anti-corruption laws at international levels, consolidating international institutions and information confidentiality at corporation level.



PUBLIC PROCUREMENT A new law package on public procurement was passed on Tuesday by the decision-making Chamber of Deputies in Bucharest, a month later than the date set by the European Commission, which has criticised Romania for the delay. The new law has taken over community directions introducing rules that should be enforced in all EU countries. The adoption of the new legislative framework will simplify the public procurement process and reduce the number of contests. Romanian Prime Minister Dacian Ciolos has pledged the norms of applying the new laws will be adopted by the government as soon as possible.



ATTACK The man who stabbed to death a person wounding three others in the station of Grafing, close to Munich, is believed to have a history of mental health problems and drug abuse, Joachim Herrmann, interior minister of Bavaria state said at the same time ruling out the hypothesis of an Islamist attack, the DPA reports. Investigators have been following such a lead after the two Jihadi attacks that occurred against policemen in the past two months in Germany. German fighters belonging to the terrorist group ISIS in August 2015 issued threats against Germany and against chancellor Angela Merkel, pledging revenge for Germany’s support of the anti-ISIS fight and the presence of the German army in Afghanistan.



CELEBRATION In Romania May 10th is a national celebration, marking 150 years since the start of Carol 1st’s rule. Also on May 10th, 1877 the Romanian state proclaimed its independence and in 1881 Romania became a kingdom. On May 10th, 1866 prince Carol Hohenzollern-Sigmaringen was proclaimed ruling prince of the united Romanian Principalities under the name of Carol I. Royalty Day is being marked these days through various events across Romania. The Romanian Royal Family on Tuesday, May 10th celebrated Monarchy Day at the Peles Castle in Sinaia, a castle built by King Carol I. The Royal Standard has been raised at Peles for the first time since king Mihai’s abdication in 1947.


May 19, 2026 UPDATE
Newsflash Tuesday, 19 May 2026

May 19, 2026 UPDATE

EUROPEAN ORDER – The President of the Republic of Moldova, Maia Sandu, received the European Order of Merit on Tuesday in Strasbourg, during a...

May 19, 2026 UPDATE
Newsflash
Newsflash Tuesday, 19 May 2026

May 19, 2026

INFLATION The National Bank expects inflation to continue to rise in Q2, falling to 5.5% at the end of the year, higher than previously estimated,...

May 19, 2026
May 18, 2026 UPDATE
Newsflash Monday, 18 May 2026

May 18, 2026 UPDATE

Consultations. Romanian President Nicuşor Dan announced on Monday evening that he would continue the series of consultations until a government...

May 18, 2026 UPDATE
Newsflash
Newsflash Monday, 18 May 2026

May 18, 2026

CONSULTATIONS – Romanian President Nicuşor Dan is holding official consultations with parliamentary parties today to appoint a new prime minister....

May 18, 2026
Newsflash Sunday, 17 May 2026

May 17, 2026 UPDATE

RATING Romania keeps its investment-recommended rating and authorities consider the decision a major vote of confidence for the economy. The...

May 17, 2026 UPDATE
Newsflash Sunday, 17 May 2026

May 17, 2026

RATING Romania keeps its investment-recommended rating and authorities consider the decision a major vote of confidence for the economy. The...

May 17, 2026
Newsflash Saturday, 16 May 2026

May 16, 2026 UPDATE

RATING S&P Global Ratings affirms Romania’s sovereign credit rating at BBB-/A-3 with a negative outlook one notch above the ‘junk’...

May 16, 2026 UPDATE
Newsflash Saturday, 16 May 2026

May 16, 2026

DELTA The Danube Delta and the main tourist spots in Tulcea county, south-eastern Romania are safe for tourists, in spite of the drone attacks close...

May 16, 2026

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