Romania: Court nixes law that could politicize state firms - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Romania: Court nixes law that could politicize state firms

Posted: Updated:
  • NationalMore>>

  • Grand jury indicts Missouri governor who admitted affair

    Grand jury indicts Missouri governor who admitted affair

    Friday, February 23 2018 5:35 AM EST2018-02-23 10:35:49 GMT
    A St. Louis grand jury has indicted Missouri Gov. Eric Greitens on a felony invasion of privacy charge related to the Republican's affair with a woman in 2015.More >>
    A St. Louis grand jury has indicted Missouri Gov. Eric Greitens on a felony invasion of privacy charge related to the Republican's affair with a woman in 2015.More >>
  • Florida school shooting: 'abject breakdown at all levels'

    Florida school shooting: 'abject breakdown at all levels'

    Friday, February 23 2018 5:35 AM EST2018-02-23 10:35:42 GMT
    (Mike Stocker/South Florida Sun-Sentinel via AP). Mourners attend the funeral service for Marjory Stoneman Douglas High School assistant football coach, Aaron Feis. at the Church by the Glades in Coral Springs, Fla., Thursday, Feb. 22. 2018. Football p...(Mike Stocker/South Florida Sun-Sentinel via AP). Mourners attend the funeral service for Marjory Stoneman Douglas High School assistant football coach, Aaron Feis. at the Church by the Glades in Coral Springs, Fla., Thursday, Feb. 22. 2018. Football p...
    'Abject breakdown on all levels': Florida high school where ex-student accused of fatally shooting 17 people reopening to teachers Friday amid revelations an armed officer on campus did nothing to stop suspect,...More >>
    'Abject breakdown on all levels': Florida high school where ex-student accused of fatally shooting 17 people reopening to teachers Friday amid revelations an armed officer on campus did nothing to stop suspect, other issues.More >>
  • Hearing set on if US will seize assets of 'Pharma Bro'

    Hearing set on if US will seize assets of 'Pharma Bro'

    Friday, February 23 2018 5:35 AM EST2018-02-23 10:35:11 GMT
    (AP Photo/Richard Drew, File). FILE - In this Aug. 15, 2017 file photo, Martin Shkreli is interviewed by Maria Bartiromo during her "Mornings with Maria Bartiromo" program on the Fox Business Network, in New York. "Pharma Bro" Martin Shkreli is due bac...(AP Photo/Richard Drew, File). FILE - In this Aug. 15, 2017 file photo, Martin Shkreli is interviewed by Maria Bartiromo during her "Mornings with Maria Bartiromo" program on the Fox Business Network, in New York. "Pharma Bro" Martin Shkreli is due bac...
    'Pharma Bro' Martin Shkreli is due back in court for a hearing about whether he should forfeit millions of dollars in assets including a one-of-a-kind Wu-Tang Clan album as part of his conviction in a securities...More >>
    'Pharma Bro' Martin Shkreli is due back in court for a hearing about whether he should forfeit millions of dollars in assets including a one-of-a-kind Wu-Tang Clan album as part of his conviction in a securities fraud scheme.More >>

BUCHAREST, Romania (AP) - Romania's constitutional court has ruled that a new law which could lead to major state companies coming under political control is unconstitutional.

The court ruled Tuesday that an amendment to a law that would eliminate corporate governance in big state concerns was not permissible.

Romania's parliament, which is dominated by a leftist ruling coalition, in December approved legislation to exempt 100 state companies from corporate governance. The companies that lawmakers could have brought under political control included major electricity, nuclear, natural gas and transportation companies.

Investors and other critics said that would lead to political interference to the detriment of professional competence and good management.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2018 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.