EC first deputy president sends new warning to Romania on justice

Timmermans participated on Monday at a meeting of the European Parliament’s Committee on Civil Liberties, Justice and Home Affairs (LIBE), which analyzed the recent developments in Romania. He said the Romanian authorities’ initiatives to change the justice laws and criminal codes have led to concerns both in Romania and internationally. “Many Romanians are worried that the changes proposed to these laws could undermine the lengthy efforts in combatting corruption and ensuring justice independence, and the European Commission shares these concerns,” Timmermans said, according to Mediafax. He added that the Romanian Parliament hasn’t shown any signs that it plans to respond to recommendations issued by international bodies such as GRECO (The Group of States Against Corruption) and the Venice Commission.

Source: Romania Insider

At Dragnea’s pressures, Dancila reports to the CCR on the five judges. A decision would directly affect the process of the PSD leader

Prime Minister Viorica Dancila reported Tuesday to the Constitutional Court of Romania (CCR), the existence of a possible legal conflict between the Parliament and the High Court of Cassation and Justice (ICCJ) regarding the formation of 5 judges.

Source: Ziare.com

Study: At most one exploration well in 4 discovers hydrocarbons in the Black Sea, the cost of drilling is up to a quarter of a billion dollars and the risks are very high

At most, a 4-drill exploration probe from oil companies uncovers oil resources in the Black Sea, and the cost of a single drilling is up to a quarter of a billion dollars, according to the study „Risks, Taxation, Investment Decisions in the Offshore Oil Sector and natural gas Black Sea and Romania „carried out by experts Vasile Iuga and Radu Dudău.

Source: Profit,Curs de guvernare,E-nergia,  Bursa

Offshore law, on the agenda of the specialized committees of the Chamber of Deputies

The Committees on Industries, Budget and Administration for the Chamber of Deputies meet on Tuesday at a joint session starting at 12.30 to discuss the draft law on some measures necessary for the implementation of oil operations by offshore oil perimeter .

Source: Economica