Tagged Romania

Under investigation for corruption, the Romanian Prime Minister, Victor Ponta, refuses to resign, declaring himself innocent. The National Anti-corruption Directorate (DNA) announced on Friday, 5 June, that it was investigating charges of conflict of interest, money laundering, forgery and tax evasion attributed to Romania’s Prime Minister on Friday and dating back to when he was working as a lawyer before assuming public office. For the investigation to proceed, the Prime Minister’s immunity as Member of Parliament should be lifted, something only the Parliament can do. In a secret ballot, the Romanian Parliament voted to maintain Mr. Ponta’s immunity

Romania is notorious for being the country with the lowest EU funds absorption rate despite its economy’s dire need for money. Romania’s public and private sector absorbed only €10.33 billion in available EU funds from 2007 until 2013, with €8.7 billion remaining in stand-by until the end of 2015, when the offer will be permanently withdrawn. However, according to the World Bank, the country still has the highest poverty rate in the EU. There are two main reasons that help explain this apparent paradox.

Understanding Romania’s anticorruption hunt

                                                                                     By Vlad Stoicescu

To get a glimpse of what is happening one should understand first the legal mechanisms that put in motion Romania’s anti-corruption framework. The National Anticorruption Directorate was set up in 2002. Back then it was a step towards judicial reform and compliance with European standards in a period in which Bucharest was negotiating the country’s accession to the EU. For a couple of years it was just a “showcase institution”, formally highlighting the political will to combat Romania’s pervasive corruption.

Turkey’s diplomatic relations with Slovenia, Slovakia and Romania have seen a boost this week as President Recep Tayyip Erdoğan paid official visits to the three countries. Turkey’s accession to the EU, bilateral trade and the fight against ISIL / ISIS were among the issues discussed between Mr. Erdoğan and the respective country leaders. Mr. Erdoğan’s visit had to be cut short because of terrorist incidents in Istanbul.

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