Romania is making strides in the archaeological world after new evidence confirmed the presence of ancient hominins in the country dating back two million years. The discovery was made at the Valea lui Grăunceanu site in Vâlcea County,
EU finance ministers approved Romania's deficit-cutting plan on Tuesday to bring its fiscal deficit below 3% of national output by 2030, a move Bucharest hopes will help reassure investors about its economic outlook and tame surging bond yields.
The CFA Romania Association's Macroeconomic Confidence Indicator (chart) increased in December by 6.7 points to a still gloomy value of 38.1 points on a 0-100 scale. The improvement, however, came at the end of a month when Fitch downgraded its outlook on Romania’s fragile rating to negative in response to political turmoil.
Scientists uncovered evidence of the oldest hominin presence in Europe in modern-day Romania nearly two million years ago.
Tens of thousands protested in Romania’s capital against a top court’s decision last month to annul the presidential election after an outsider candidate unexpectedly emerged as the frontrunner.
Romania will receive a new Patriot air defence system to replace the one handed over to Ukraine, Romanian Defence Minister Angel Tîlvăr announced. According to the minister, the contract for the delivery of the new system could be signed in February, following a recent decision by the US government.
Romania will use high-precision robotic equipment to measure airborne dust particles in three major cities, namely Brașov, Timișoara, and Bucharest. These robots will precisely determine the mass fraction of PM10 and PM2.
In this article, we explore the China-Romania trade and investment interactions and examine the future prospects.
Romania's government is proposing a lower deficit than last year, but the market still have questions given May's presidential election. The finance ministry wants to focus on local funding sources including retail bonds and T-bills. MinFin should be able to balance the financing needs, simultaneously higher yields and volatile demand
Romania's energy ministry said on Wednesday it has notified a government agency that reviews foreign investment about potential national security risks stemming from a planned sale of E.ON's local energy provider to Hungary's MVM.
Romanians took to the streets on Friday in support of fringe pro-Russian candidate Calin Georgescu, demanding the country’s top court reverse its decision to cancel a presidential ballot in which he was a frontrunner.
Europe's top rights court on Tuesday rejected Romanian far-right candidate Calin Georgescu's appeal against the annulment of the country's 2024 presidential election after he won the first round amid claims of Russian interference.