The reform approach has taken root in important sections of the Romanian society but there is no consensus about pursuing the objectives of the EU's cooperation and verification mechanism [CVM], the European Commission concluded in the report on the progress of judicial reforms and anticorruption, drafted under the post-accession CVM programme carried out in Romania.
Amid the mixed performance underlined by the report, a Commission spokesperson announced that a follow-up report would be drafted a year from now – against the typical semi-annual frequency of the reports so far. Meanwhile, a rather comprehensive set of recommendations is drafted.
Romania has made progress in many areas since the previous CVM report and the track record of the key judicial and integrity institutions has remained positive, the report acknowledges. The stabilisation of the political turmoil helped the legislative changes remaining on track.
However, concerns about the judicial independence remain and there are many examples of resistance to integrity and anti-corruption measures at political and administrative levels. And the report details on the controversial endorsement by the lawmakers in December of amendments to the criminal code.
The Commission recommends Romania a series of further steps to be taken towards completing the CVM goals. Among the recommendations:
A Romanian court ruled on July 18 that media tycoon and former politician Dan Voiculescu, who was sentenced to 10 years in prison in August 2014, should be released on parole after serving ... more
Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more
Romanian prime ministerial adviser Eugen Teodorovici was reportedly dismissed from the post on July 14, the day after he spoke about the possibility of taxing the local Orthodox Church. Teodorovici ... more