EU leaders said they will consider all options against the Syrian government and Russia for atrocities committed in Aleppo, but met resistance from Italy in the issue of imposing new economic sanctions.
Two centre-right parties hope to keep popular technocratic PM Ciolos in power after December general election.
The law will cost banks around €560mn, or 0.6% of banking system’s assets, the central bank claims.
Calin Popescu Tariceanu asks parliament to ignore any request from National Anticorruption Directorate to investigate its members ahead of December general election.
A combination of factors is creating the conditions for a boom in Central and Eastern European defence procurement. But as Poland’s sudden decision to scrap a $3.5bn helicopter deal shows, the region remains a tricky place to do business.
Attempt to raise funds for €11mn Wisdom of Earth sculpture fails as string of corruption scandals deter Romanians from donating to government appeal.
Erste plans to roll out "banking for the unbankable" across CEE, seeing its social banking drive as an investment in a future generation of successful entrepreneurs.
Central bank cut 2016 and 2017 inflation projections in August, as annual inflation set to remain negative until end-2016.
A series of successful large-scale investments in the consumer sector have raised interest in Southeast Europe among private equity. However, potentially attractive privatisations deals within the region have so far proved elusive.
After four years of intensive effort by the Bucharest Stock Exchange, it has been put on FTSE Russell’s emerging markets watchlist, a development that opens up “historic perspectives” for Romania, the CEO says.
The use of symbols of Britishness in the two works “play with stereotypes in the way Romanians are stereotyped”.
RZB and RBI said in May that they were examining a merger as a way of reinforcing their capital buffers in the face of tougher regulatory requirements following the global financial crisis.
Can governments and private sector investors in countries from Croatia to Romania build upon this year’s rise in tourist numbers and continue to attract larger numbers of holidaymakers in future?
Party's election chief Vasile Blaga stands down after corruption probe launched just two months before general election
Oversubscribed leu issue attracts investors from fellow EU countries as IIB seeks to finance more projects in Romania.
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