Next Prime Minister of Romania?Calin Georgescu
Open$73Kas of
Odds now
The market prices a 0% chance that this market resolves YES, as of .
YES0¢
NO100¢
as of
What moved the odds?
6 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the live price as of .
The Bucharest Court of Appeals has overturned the judicial review measure and remanded former Romanian presidential candidate Calin Georgescu in custody for 30 days, Reuters reports. Georgescu was detained last week in connection with a case involving the creation of an organized crime group and a €1.1 million fraud. According to investigators, the politician and two other defendants convinced a Romanian businessman to transfer the sum, promising to help them obtain a line of credit of up to €15 million from a foreign financial institution. As part of this case, Georgescu's villa in Mogosoaia has been seized. According to Digi24, a forged document identifying the politician as a Maltese senator was discovered during a search of the house.
The Bucharest Court of Appeals has overturned the judicial review measure and remanded former Romanian presidential candidate Calin Georgescu in custody for 30 days, Reuters reports. Georgescu was detained last week in connection with a case involving the creation of an organized crime group and a €1.1 million fraud. According to investigators, the politician and two other defendants convinced a Romanian businessman to transfer the sum, promising to help them obtain a credit line of up to €15 million from a foreign financial institution. As part of this case, Georgescu's villa in Mogosoaia has been seized. According to Digi24, a forged document listing the politician as a Maltese senator was discovered during a search of the house. RBK Channel on "Max"
Former presidential candidate Calin Georgescu has been detained in Romania, HotNews reports. A case has been opened on charges of creating an organized criminal group and fraud with particularly grave consequences. Searchs are being conducted at the homes of Georgescu and businessman Ionel Rusen, who is also involved in the case. Georgescu and Rusen are accused of defrauding a businessman who was promised a loan from a Swiss bank on the condition of posting a €1 million guarantee. The damage in the case amounts to €1.1 million. Georgescu ran in the 2024 presidential elections and took first place in the first round. The voting results were subsequently annulled by the Constitutional Court of Romania. He was accused of having ties to Russia. Max | Telegram | Newsletter | iOS App | Android
Officers from the Romanian Directorate for the Investigation of Organized Crime and Terrorism (DIICOT) have detained former presidential candidate Calin Georgescu, HotNews and Digi24 report. A search is being conducted at his home in Mogosoaia. Georgescu was detained while driving and taken home so that searches could be conducted in his presence. The operation is being carried out as part of a case of alleged fraud with damages of €1.1 million. DIICOT is investigating the creation of a criminal group and fraud with particularly grave consequences. Searches are being conducted at five addresses in Mogosoaia, Ciolpani, Buftea, and Bucharest. RBK app for iOS and Android
RBK channel on "Max"
Former presidential candidate Calin Georgescu has been detained for allegedly creating a criminal group in Romania, according to a press release from the Directorate for Combating Organized Crime and Terrorism. Former Romanian presidential candidate Calin Georgescu was taken to the central office of DIICOT as part of an investigation into the creation of an organized criminal group and serious fraud. Investigators searched his home in Mogoșoaia this morning. According to DIICOT, in September 2021, two Romanian citizens and an Italian citizen allegedly created a group that offered entrepreneurs large loans from foreign banks subject to the provision of monetary guarantees. The victim was convinced to first transfer more than €1 million, and then another €100,000 under the promise of increasing the funding from €6 million to €15 million. The names of the defendants were not disclosed in the official DIICOT statement. Romanian media, citing sources in the investigation, report that Georgescu is one of them. More IZ RU news in MAX
Former presidential candidate Calin Georgescu has been detained in Romania.
Where does the news lean?
0YES6NO0neutraltrailing 24h
Average match confidence across the listed signals: 95%.
What would make this resolve YES?
This market will resolve to the next individual who officially assumes the office of Prime Minister of Romania by December 31, 2027, 11:59 PM ET.
To count for resolution, the individual must be formally appointed by the President of Romania and receive a vote of confidence from Parliament, resulting in the official formation of a new government. Any interim or caretaker Prime Minister who does not receive a parliamentary vote of confidence will not count toward the resolution of this market.
If no such Prime Minister takes office by December 31, 2027, 11:59 PM ET, this market will resolve to “Other”.
The primary resolution source for this market will be official information from the Government of Romania; however, a consensus of credible reporting may also be used.
Related markets
See all outcomes for Next Prime Minister of Romania? — the full event, with combined odds and signal timeline.