Romania
Emerging Europe growth resilient despite global risks, wiiw says
Economies across Central, Eastern and Southeast Europe are set to maintain solid growth in 2025 and 2026 but face downside risks from Middle East tensions, the war in Ukraine and US trade policy.
EU eyes new Asian trade alliances to offset US trade war risks
European Commission President Ursula von der Leyen is pushing for closer ties with Asia as part of a new EU trade strategy to offset the growing trade war risks with the Trump administration and reforming the global trade system.
Europe swelters in historic heatwave
Record-breaking temperatures for the time of year are likely to occur across a large part of western Europe in the coming days as a historically unprecedented heatwave intensifies.
Romania unveils ruling strategy, but fiscal plan and implementation remain key
2025-2028 Ruling Programme outlines broad reforms aimed at modernising state institutions and restoring fiscal discipline.
Global uncertainty causes FDI to plummet in Emerging Europe
wiiw research blames crisis in German industry and the uncertainty surrounding Donald Trump’s second term as US president for sharp slowdown in FDI.
Proposed defence spending hike to 5% of GDP exposes divisions among Nato members
Russia hawks in Poland and the Baltic States are firmly behind plan to increase defence spending to 5% of GDP, while other members question new target.
Romania’s new government endorsed by parliament
Prime Minister Ilie Bolojan's new executive has the urgent task of restoring Romania's public finances.
Romanian president appoints Ilie Bolojan as prime minister after month-long coalition talks
PNL leader's appointment concludes a deadlock over fiscal policy that had delayed the nomination of a new prime minister.
Romanian wage growth slows sharply in April, signalling end of high-growth period
Romania’s average net wage posted its weakest real-terms growth in over a year in April, rising by just 3.5% y/y.
Romania’s public debt hits 56.1% of GDP at end-March
Romania’s public debt rose by €7bn during Q1 2025, mainly due to the FX bonds issued in January and February.
Żabka opens 100th Froo convenience store in Romania
Polish convenience store operator Żabka has opened its 100th Froo-branded store in Romania, one year after launching in the market, the company said on June 16.
Who hold the most gold reserves?
In 2025, gold prices reached unprecedented levels, with spot gold trading at above $3,932 per troy ounce as of May 7th, an increase of over 83% within just a year.
US resists EU and UK push to cut Russian oil price cap at G7 summit
The US is resisting calls from European governments to reduce the G7 price cap on Russian oil from $60 to $45 per barrel, frustrating efforts by the EU and UK to increase financial pressure on Moscow as leaders meet for a G7 in Canada.
Real appreciation of Romanian leu inflates nominal GDP and fuels external deficits
182% increase in nominal GDP since 2009 significantly overstates the country’s real economic progress, according to bne IntelliNews calculations.
Why South Korea must prioritise bilateral nuclear research over fragmented one-off projects
Should South Korea continue spreading its efforts across short-term, individual projects – often tied to specific, time-consuming contracts – or should it double down on long-term, bilateral nuclear research partnerships?
Romania’s coalition talks stall as minority cabinet without PSD emerges as an option
Romania's largest party has indicated it is ready to go into opposition two days of intense discussions fail to yield even limited consensus.
World Bank, Erste and ING all slash Romania's 2025 growth forecasts
Downward revisions made amid growing concerns over fiscal imbalances, sluggish investment and political uncertainty.
Romania’s trade deficit hits 10% of GDP
Deficit at €35.7bn in the 12 months to April after a 21.3% year-on-year increase.
Romania's coalition talks drag on past deadline
Missed deadline does not bode well for formation of multi-party coalition able to launch urgent fiscal reforms.
Deloitte EMEA Fast 500 Technology ranking brims with Turkish, CEE and SEE startups
Top entry from Turkey is Novi Robot, a maker of automation systems for manufacturing plants.