On 31st of January 2017, Romanian Government has adopted a government (emergency) ordinance that changes a few articles in the Criminal Law:
The Romanian Government’s emergency ordinance to change the Penal Code decriminalizes or and reduces the criminal punishments for corruption offences such as abuse of office, conflict of interest, and negligence at work.
In layman's terms, they virtually legalized theft from public funds, as it is much harder to prove and the penalties are drastically reduced.
Some of its changes are applicable at once, others after 10 days. Anyway, massive protests started within all major cities.
Several major powers have sent a disagreement message, as indicated here.
Question: what are the consequences that Romania can face from the European Union? (e.g. infringements, funding cuts). Can Romanians lose certain rights conferred by European Union membership?