The Iohannis Decade

Like many other times in the past 35 years, Romanians now find themselves in front of a difficult choice. In our fragile democracy, selecting a president from a pool of

The “Nordis” Scheme: How the Most Powerful Political-Real-Estate Clan Made Its Money

In recent years, millions of euros have flowed into Nordis’ accounts, but most of the promised residential buildings have remained only on paper and in advertisements. In the Mamaia hotel, the only building that has been completed, there are strong indications that the same apartments were sold multiple times to different buyers.
This fraudulent scheme would have not been possible without major weaknesses in the Romanian legislation. Yet the politicians that should address these weaknesses are strongly connected to the Nordis business.