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.

Encouraged by his position as the coalition’s power broker, UDMR leader Kelemen Hunor (leader of the Democratic Alliance of Hungarians in Romania) has

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In January, gas supplies via the European route of the Turkish Stream reached an average daily record. The Balkans and Romania needed Russian gas. If Serbia and Bulgaria were temporarily left without supplies from Azerbaijan,

Polls show that if the elections (against the background of Romania's involvement in the fight against Russia) are held today, then independent suveranist candidate Calin Georgescu can win them even in the first round,

Romania will set up and operate its first fish farms in the Black Sea this year, as announced by environment minister Mircea Fechet, with certain areas already assigned for future farms. Investments are long overdue,

Romania’s gross domestic product (GDP) per capita, adjusted for purchasing power parity (PPP), reached 78% of the European Union average in 2023 (74% in 2022), according to data from the statistics office INS confirmed by Eurostat.

Romania’s High Court of Cassation and Justice, equivalent to the UK’s Supreme Court, fully acquitted  Gabriel ‘Puiu’ Popoviciu in a ruling on 15 January 2025.

EU finance ministers on Tuesday formally approved France's multi-annual budget plan, despite its scaled-back ambitions to rein in the country's ballooning budget deficit this year.

Romanian Railways has announced Railworks as the preferred bidder for a $US 474.5m contract to upgrade a main line in southern Romania.

Scatec has entered a 15-year contract-for-difference (CfD) agreement with Opcom, the Romanian electricity market operator.

The European Union’s finance ministers have welcomed and approved Romania’s move to reduce its fiscal deficit below 3% of national output by 2030. Authorities in Bucharest hope the plan will ease investor concerns about the country’s economic outlook and steady bond yields that have been in a state of flux.