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 ...
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.
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.
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.
Scientists uncovered evidence of the oldest hominin presence in Europe in modern-day Romania nearly two million years ago.
In this article, we explore the China-Romania trade and investment interactions and examine the future prospects.
Romania's coalition government approved on Thursday a re-run of a two-round presidential election on May 4 and May 18 as previously agreed, and tightened campaign rules for big social media platforms including TikTok.
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.
The exercise will see about 2,500 troops travel by truck and plane to join thousands of personnel from 10 Nato allies. Operating across Romania and Bulgaria for the next two month
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
The number of employees in Romania's public sector rose to 1.306 million in November 2024, reflecting an increase of 5,900 compared to October, according to data from the Ministry of Finance quoted by Economedia.
The Romanian Ministry of Energy has announced a new round of funding from the Modernization Fund dedicated to battery energy storage systems.