Romania
Bucharest summons Russian chargé d'affaires after drone debris hits Romanian territory
Romania’s defence ministry found debris from a Russian Gheran1/2 drone near the Ukrainian border.
Plants absorbing less carbon dioxide in 2023, accelerating global warming
Plants and trees' ability to absorb carbon dioxide fell dramatically in 2023, due to increased heat stress in vegetation, a new study revealed.
Drone delivers STI tests at Romanian festival to “make sure happy endings are not itchy”
Festival organiser says speedy testing service to challenge taboos that still surround sex education in Romania.
Hungarian digital lender Granit Bank taps Romanian market for cross-border services
After dynamic growth in recent years, Granit Bank is making its first international move, says CEO Eva Hegedus.
How energy intensive are data centers?
While countries like China and the United States had the highest electricity demand by a considerable margin, a new player that rivals the consumption of some of the biggest economies and is bolstered by the ongoing AI hype and data center use.
Earth records hottest year since records began
Sunday, July 21 was the hottest day ever recorded globally in 100,000 years according to the EU climate monitoring service Copernicus, warning that the Climate Crisis is accelerating.
Six out of nine “planetary boundaries” have been crossed and a tenth has appeared
Six out of the nine “planetary boundaries” that track how close humanity is coming to the environmental disaster have been crossed. And now there might be a tenth boundary: the amount of oxygen in oceans is starting to fall.
Romania to move forward on small modular reactors programme with NuScale
Nuclearelectrica aims to build a SMR with capacity of 462MW to replace a former coal-fired thermal power plant.
The eurozone's recovery is losing momentum, according to poll
The latest economic data indicates that the eurozone's recovery is losing momentum, with industrial production continuing to drag on growth and sentiment indicators suggesting a weakening in the strong momentum seen earlier this year.
Romanian startup .lumen raises record €1mn in single day on fundraising platform SeedBlink
.lumen has developed glasses that can do the job of a guide dog using autonomous driving technology.
European Commission President Ursula von der Leyen vows to build a Defensive Europe following her re-election
The European Parliament has re-elected Ursula von der Leyen to a second term as President of the European Commission on July 18, who vowed to build a “Defensive Union” to counter Russia’s aggression.
Far-right Romanian MEP calls for priest to 'purify' European Parliament
Diana Sosoaca brought myrrh and an icon of St. Paraskeva to her first session as a newly-elected MEP, and proposed to rid the European Parliament of "devils".
COLLINGWOOD: Atlanticists vs. Autonomists - The battle for the strategic future of the European Union
In Europe’s capital cities and among its elites a great but undeclared battle is being fought for the future of the European Union. One side is heavily outgunned. The other side is dominant. But the race is on.
Investment into green energy to top $2 trillion in 2024 for first time – IEA
The world now invests almost twice as much in clean energy as it does in fossil fuels, according to a report by the International Energy Agency (IEA), but there are major imbalances in investment with Emerging Markets lagging the developed world.
Europe headed for mini-ice age as AMOC tipping point approaches – paper
A recent study finds that the AMOC (Atlantic Meridional Overturning Circulation) is on course to stop flowing, at the latest, within the next 75 years, causing a mini-ice age in Europe and could disrupt the entire planet's weather patterns.
Romania’s public indebtedness slips above 50% of GDP, yet no corrective plan in sight
Romania’s public debt increased by RON7.4bn in April, reaching RON852.8bn at the end of the month.
Romania’s industry shows signs of recovery in April-May
Only minor decline in output recorded in April-May after steep contraction in Q1.
Romania’s trade gap widens by one-third y/y in April-May
Exports contracted by 2.1% y/y, while imports increased by 5.3% y/y.
Germany may pipe in 100 TWh of green hydrogen by 2035, says study
Germany could import up to 100 TWh of green hydrogen from its neighbours by pipeline from neighbouring countries by the mid-2030s, according to a study by the Berlin-based Agora Energiewende and Agora Industry think-tanks.
Romania revises Q1 GDP growth up from 0.1% to 0.5%
Economic growth seen above 2% in the rest of the year.