Leader of Romania's largest party has yet to decide who to nominate for prime minister.
Global energy investment is projected to reach a record $3.3 trillion in 2025, despite continued economic uncertainty and heightened geopolitical risks, according to the International Energy Agency.
Romania must come up with convincing corrective actions by the end of the month to prevent disciplinary measures.
As Europe slides into its third disaster season, 40% of the EU is already officially facing a drought before the hottest months of the year arrive. And this year’s droughts are likely to become even worse than previous heatwaves.
PNL interim president Ilie Bolojan seen as most likely next prime minister.
The coronavirus (COVID-19) is back. Reports from health authorities around the world have detected a new highly contagious strain of the virus that has been spreading through Asia and has now reached Russia.
PPF executives say the group's local content gives it a competitive advantage over international players in small CEE markets.
Nicușor Dan promised a sweeping overhaul of state institutions and immediate steps to stabilise the country’s fiscal policy.
AUR and the Party of Young People want to capitalise on mounting discontent over proposed austerity measures.
Momentum behind improved methane monitoring, quantification and mitigation continues to build in the US – even without the same regulatory pressure.
Court validates victory of Bucharest mayor Nicusur Dan, who defeated nationalist AUR leader George Simion.
A heat wave is sweeping across South Asia, with temperatures having reached 44°C in India’s Jaipur and 50°C in Pakistan’s Shaheed Benazirabad in April, Statista reports.
George Simion has announced plans to ask the Constitutional Court to annul the May 18 presidential election.
The first data centres consumed as much power as 20,000 homes, but the largest today use the same amount of power as100,000 homes, and are on track to burn up 5mn households' worth of power by 2030 – the same amount of power that Japan consumes.
Brazil, the world's largest poultry exporter, has confirmed its first outbreak of highly pathogenic avian influenza on a commercial farm, triggering immediate import bans from major markets including China and the EU.
Positive market movements follow the election of reformist, pro-EU candidate Nicușor Dan, who defeated far-right rival George Simion in the May 18 runoff.
The outcome has been a defeat for Viktor Orban as ethnic Hungarians overwhelmingly supported the pro-European candidate, Nicusor Dan.
Romania's new president Nicusur Dan will have to urgently negotiate the formation of a ruling majority to tackle Romania’s acute fiscal and budgetary challenges.
Markets currently expect no rate cuts before autumn, although that timing remains subject to shifts in both domestic policy and external economic conditions.
Voters face a stark choice between far-right AUR leader George Simion and independent Bucharest mayor Nicusor Dan.