Romania

PSD dithering delays government formation and urgent fiscal reforms in Romania

Iulian Ernst in Bucharest June 6, 2025

Leader of Romania's largest party has yet to decide who to nominate for prime minister.

Global energy investment to reach a record $3.3 trillion in 2025, but problems with grids remain – IEA

bne IntelliNews June 5, 2025

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.

European Commission concludes Romania breached fiscal consolidation plan

Iulian Ernst in Bucharest June 5, 2025

Romania must come up with convincing corrective actions by the end of the month to prevent disciplinary measures.

40% of Europe already in a drought before summer gets fully underway

bne IntelliNews June 3, 2025

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.

Romania’s president expects fiscal plan by June 5, new government by mid-June

Iulian Ernst in Bucharest June 3, 2025

PNL interim president Ilie Bolojan seen as most likely next prime minister.

COVID is back - a new "NB.1.8.1" strain is spreading across continents

bnm Tehran bureau, bne Moscow bureau, bno Taiwan bureau May 30, 2025

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.

Czech PPF bosses are ready to take on Netflix and HBO in PPF’s home markets

Albin Sybera in Prague May 27, 2025

PPF executives say the group's local content gives it a competitive advantage over international players in small CEE markets.

Romania’s new president sworn in, pledges institutional reform and fiscal reset

Iulian Ernst in Bucharest May 27, 2025

Nicușor Dan promised a sweeping overhaul of state institutions and immediate steps to stabilise the country’s fiscal policy.

Romanian far-right parties call for protests after presidential election defeat

Iulian Ernst in Bucharest May 26, 2025

AUR and the Party of Young People want to capitalise on mounting discontent over proposed austerity measures.

BLOG: Efforts to tackle methane emissions continue, despite Trump’s regulatory rollback

Newsbase May 25, 2025

Momentum behind improved methane monitoring, quantification and mitigation continues to build in the US – even without the same regulatory pressure.

Romania’s Constitutional Court rejects request to annul presidential election

Iulian Ernst in Bucharest May 22, 2025

Court validates victory of Bucharest mayor Nicusur Dan, who defeated nationalist AUR leader George Simion.

Record temperatures around the world – Statista

Anna Fleck for Statista May 22, 2025

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.

Trump admirer Simion challenges Romanian presidential election result

bne IntelliNews May 21, 2025

George Simion has announced plans to ask the Constitutional Court to annul the May 18 presidential election.

Data centre power use expected to increase 20-fold in next five years

bne IntelliNews May 20, 2025

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 poultry sector hit as bird flu prompts global export bans

bne IntelliNews May 20, 2025

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.

Markets rally as Romania's political outlook stabilises after Dan’s election victory

Iulian Ernst in Bucharest May 20, 2025

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.

Viktor Orban makes huge political misstep in supporting Simion, Hungarian analyst says

bne IntelliNews May 19, 2025

The outcome has been a defeat for Viktor Orban as ethnic Hungarians overwhelmingly supported the pro-European candidate, Nicusor Dan.

Romanian pro-EU presidential candidate Dan defeats far-right rival Simion

Iulian Ernst in Bucharest May 19, 2025

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.

Romania holds monetary policy rate at 6.5% amid elevated inflation and political uncertainty

bne IntelliNews May 19, 2025

Markets currently expect no rate cuts before autumn, although that timing remains subject to shifts in both domestic policy and external economic conditions.

BUCHAREST BLOG: Romania at a political crossroads ahead of presidential election runoff

Iulian Ernst in Bucharest May 16, 2025

Voters face a stark choice between far-right AUR leader George Simion and independent Bucharest mayor Nicusor Dan.

Dismiss