The Law for the approval of Government Emergency Ordinance no. 92/2014 was passed today, 6 May 2015, through the final vote of the Chamber of Deputies plenary. Thus, the law has been approved with 217 favorable votes, 2 against and 97 abstentions.

In what concerns further steps, the law for the approval shall be forwarded to the Romanian President, who should promulgate it within 20 days from its receipt.

As an exception, the President may request the re-examination of the law by the Parliament and in such event, the entire process carried out in the Senate and in the Chamber of Deputies must be repeated. After re-examination, the President is bound to promulgate the law within 10 days from the day of the receipt. However, in our view, it is unlikely that the President will ask re-examination in this particular case.

We will return in the following days with an update concerning the form of the final text.