Romanian High Court upholds conflict-of-interest ruling, strips Timisoara mayor Fritz of mandate

Romania's High Court published its reasoning for a final ruling that removes USR leader Dominic Fritz from the Timisoara mayoralty, confirming a conflict of interest. The National Integrity Agency proved Fritz signed a zoning plan (PUZ) for a firm whose architect had lent him money during the campaign. This is a domestic legal-political development with no direct market impact.