www.economica.net/consiliul-concurentei-a-castigat

The Bucharest Court of Appeal rejected CEC Bank's request to suspend the Competition Council's decision that fined ten banks for manipulating ROBOR rates. This ruling marks a victory for the competition authority in the first of ten lawsuits filed by banks seeking to halt the enforcement of the fines totaling over 700 million euros. The case initiated by CEC Bank was the second to be heard, but it was the first to receive a judicial decision. The legal proceedings began with BRD – Groupe Société Générale, and further rulings are expected in the coming weeks. If the court denies the suspension, banks have one month to pay the fines.