Romanian President Klaus Iohannis resigns to avoid political crisis!
Romanian President Klaus Iohannis resigned from office on Monday in a move he said was to prevent the country from entering a crisis that would ensue after parliament was expected to vote on his impeachment.
"To save Romania and its citizens from this crisis, I am resigning from the post of President of Romania. I will leave office the day after tomorrow, February 12," Iohannis said in a statement on Monday.
In office since 2014, Iohannis has already served a maximum of two five-year terms. However, his presidency was extended after the Constitutional Court in December annulled the results of a presidential race in which controversial ultranationalist Calin Georgescu unexpectedly won the first round.
Georgescu's victory was marred by allegations of Russian interference and electoral violations after it emerged that an online sleeper network had artificially boosted his reach on social media in the run-up to the vote.
The country's parliament was expected to discuss and vote on a third motion to suspend Iohannis from office on Tuesday. Two previous motions, filed by opposition parties, were rejected on procedural grounds.
This time, a group of ultranationalist parties - the Youth Party (POT), the Alliance for the Unity of Romanians (AUR) and SOS, joined by deputies from the Save Romania Union (USR) - managed to gather enough signatures to present the motion.
The head of the Senate will become Romania's interim president after Ioannis' resignation.
Poll

A new transatlantic trade war? Trump's tariffs could push Europe to target American tech services!
Donald Trump's plan to impose new tariffs on the European Union could provoke retaliation in an unexpected way not by taxing American goods, but by targeting......

Members added to the Albanian Electricity Exchange - Market developments, the number of entities listed on ALPEX reaches 36
About 2 years after the start of operations, the Albanian Electricity Exchange has 36 companies listed for the day-ahead market. The data is reported by......

Real estate loans dominated in 2024 - BoA: Increased by 11.5% compared to 2023
Real estate loan demand continued to dominate in 2024. In December, loans taken for real estate by individuals and businesses reached 252 billion lek. The......

Favorable energy price for water utilities - Regulatory Authority approves tariffs to be applied during 2025
The Energy Regulatory Authority has approved the prices at which water utilities supplied by the Supplier of Last Resort will pay for electricity during......

Who bought Albanian agricultural products? Cambodia and Tajikistan tried “Made in Albania” for the first time
In recent years, Albanian agricultural exports have been experiencing steady growth, contributing to the country's economic development. With a particular......

The world is not close to being free of coal - In some countries, demand for it is increasing!
The world will not be able to give up coal anytime soon. “Nothing can destroy coal,” US President Donald Trump said at the recent World Economic Forum. “Not......

"4.5 billion euros from tourism in 2024" - Kasa: The real tourist spent more money than in 2023
This figure made public by Prime Minister Rama shows that tourism contributed about 400 million euros more to the state coffers compared to 2023. However,......

Rules for the transport of goods in the EU change - From April 1, 2025, new obligation for economic operators
Starting from 1 April 2025, road and rail carriers will have to provide data on goods sent to the EU, or transiting through the EU, prior to their arrival,......