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SUSPENSION

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President Basescu Suspended By Parliament, Referendum on July 29
Social/Politics

President Basescu Suspended By Parliament, Referendum on July 29

Romanian President Traian Basescu has been suspended by Parliament with 258 votes in favor, more than the necessary 217 votes. A referendum on whether or not to impeach Basescu will be held...

Radu Bostan · 06.07.2012 · 20:59 · 1 min
Political Instability Worsens As Romanians Vote To Keep Or Remove President From Office
Social/Politics

Political Instability Worsens As Romanians Vote To Keep Or Remove President From Office

The start of suspension proceedings against president Traian Basescu makes way for a long period of uncertainty because after suspension will come weeks of campaign ahead of the referendum w...

Radu Bostan · 05.07.2012 · 00:00 · 2 min
Court Bars Decision To Set Up Hungarian Teaching Division At Targu Mures University
Social/Politics

Court Bars Decision To Set Up Hungarian Teaching Division At Targu Mures University

The Romanian Government decision establishing a Hungarian teaching division in the University of Medicine in Targu Mures was suspended Friday by a ruling of the Targu Mures Court of Appeals,...

Radu Bostan · 04.05.2012 · 16:16 · 1 min
Energy

Romgaz GM Suspended Pending Investigation

Romanian Economy Ministry Ion Ariton Wednesday suspended Marcel Piteiu from his position as general manager of natural gas producer Romgaz, pending an investigation into allegations of under...

Florentina Dragu · 18.01.2012 · 18:48 · 1 min
SIFs Resume Trading In Bucharest After Ownership Limit Is Raised
Capital Market

SIFs Resume Trading In Bucharest After Ownership Limit Is Raised

The Bucharest bourse lifted the suspension of the five regional investment funds (SIFs) after the Parliament voted in favor of raising the maximum ownership limit to 5%.

ZF English · 15.12.2011 · 11:38 · 1 min
Romania To Be Suspended From Trading Green Certificates - Sources
Energy

Romania To Be Suspended From Trading Green Certificates - Sources

Romania stands to lose hundreds of millions of euro following a pending suspension from trading green certificates, since breaches were noted in the national inventory of carbon emissions, p...

Andrei Cîrchelan · 25.08.2011 · 19:03 · 2 min