Banks Face Flood of Legal Claims Over ROBOR Scandal: What’s Next for Romanian Clients?
The Romanian Competition Council has imposed a record-breaking €710 million fine on ten commercial banks for colluding to manipulate the ROBOR interest rate index. This regulatory action, which centers on allegations of coordinated behavior to inflate borrowing costs, has triggered an unprecedented legislative push to secure direct financial restitution for affected individuals, companies, and local … Read more