Romania
Bulgaria remains EU’s cheapest country even as price gap narrows
Institute for Market Economics says Bulgaria’s price convergence with the EU average has accelerated since the pandemic, driven by stronger economic growth, rising household incomes and elevated inflation.
Romanian government talks deadlocked again
Centre-right parties nominate Siegfried Mureșa for PM, challenging rival nomination by Social Democrats.
Can geothermal power Central Europe’s energy transition?
The appeal of geothermal power is strong in a region where the 2022 gas crisis exposed the strategic vulnerability created by dependence on imported fossil fuels.
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Romania signs €2bn contract for SHORAD-VSHORAD air defence systems
Acquisition is part of Romania's broader military modernisation programme and efforts to strengthen Nato's eastern flank.
Global growth to stabilise in 3Q26 as Iran ceasefire eases energy shock - Erste Bank
A framework agreement between Washington and Tehran has already pulled oil prices lower, but Erste Group's quarterly outlook warns the inflationary scar tissue from the conflict will outlast the crisis itself across the world.
Ahead of Nato summit with Trump, Ankara splashes paint on VIP route homes, detains hundreds
Security forces boost detention numbers by holding 44 bird watchers who crossed paths with a mining protest.
Romania adds more than 10,000 rooftop solar prosumers a month
Romania had 332,684 prosumers connected to the electricity grid as of April 30, with a combined installed capacity of 3,789 MW, according to energy regulator ANRE.
Romanian PM-designate Vestea loses confidence vote, prolonging political crisis
Failed vote increases pressure on President Nicusur Dan to find a candidate with cross-party support, or Romania will face a snap election.
Romanian president softens stance on far right in coalition negotiations
President Nicusur Dan declined to comment on reports that his nominee for prime minister is seeking support from AUR and other nationalist parties.
Romanian president's second pick for PM faces uphill battle to secure majority
Adrian Veştea courts MPs with pledge to install a cross-party cabinet and continue the governing strategy agreed last June.
Isolated surges mask weak FDI trend in emerging Europe
wiiw research shows slight rise in FDI inflows with gains concentrated in a handful of economies. Romania stands out with a 45% hike.
Romania’s industrial output falls 3.0% y/y in April despite two-month recovery
The downturn was more pronounced in the core manufacturing sector, where output fell by 4.0% y/y.
OMV Petrom to invest €300mn in solar and storage project in Bulgaria
OMV Petrom will build a large-scale solar and battery storage project in Bulgaria, in a further expansion of its renewable energy portfolio in Southeast Europe.
Inflation digs into Romanians’ wages
The average net wage in Romania increased by 3.5% y/y to €1,117 in April, failing to keep pace with consumer prices.
Romanian president makes new PM nomination in attempt to end political deadlock
Nomination triggers a confrontation within the centre-right PNL and opens a new chapter in efforts to rebuild a pro-European governing coalition on shaky foundations.
Romanian president urges parties to back PM-designate Tomac amid coalition deadlock
Nicușor Dan warns against prolonged instability as he struggles to find support for effort to rebuild a pro-Western majority.
Romania’s public debt exceeds 60% of GDP for first time at end-March
European Commission expects Romania’s public debt to rise further to 61.6% of GDP at end-2026 and 63.4% by end-2027.
Romania’s largest solar park comes online
The 169 MW Iepurești photovoltaic park in Giurgiu County, fully owned by Israeli developer Nofar Energy, has entered the operational phase and is moving towards commercial operation, the company announced.
Explosion of Ukrainian naval drone in Romania’s Constanța port triggers fresh tensions
Russian strikes close to Romanian territory and Ukrainian counter-operations highlight the growing complexity of security challenges facing Romania as the war increasingly affects the wider Black Sea region.
EBRD2026: EBRD, EU expand InvestEU support with €478mn in new guarantees
Additional guarantees to enable EBRD to finance higher-risk projects that may otherwise struggle to secure commercial funding.