Romania
Nato’s Zeitenwende to reach 2% spending goal – Statista
New data released last week by Nato exemplifies how profoundly the realities of foreign relations have changed over the course of the past three years, Statista reports.
Romania’s manufacturing PMI rises to 14-month high but outlook remains weak
Despite the improvement, the index remained below the neutral 50 threshold for the fifteenth consecutive month, signalling ongoing contraction.
Future 500 Forum to tackle Europe’s chronic scale-up gap
As Europe lags Asia and the US on competitiveness, a new initiative aims to give Central and Southeast Europe’s most promising companies a shot at becoming global champions, co-founder Stjepan Orešković tells bne IntelliNews.
BRICS leaders gather in China to coordinate anti-Trump alliance
The EU’s 27 foreign ministers will debate seizing Russia’s frozen $200bn at an informal gathering in Copenhagen, as the leading BRICS nations gathered in Beijing to form a common strategy to deal with US trade aggression on August 30.
EU foreign ministers meet to discuss Russia problem
European foreign ministers gathered in Copenhagen to discuss a number of issues with holding Russia to account for the war with Ukraine at the top of the agenda.
Romania sees surge in extreme weather alerts
Greenpeace Romania study shows an upward trend in storms, floods, and tornadoes.
Rheinmetall to invest over €1.5bn in Balkan munitions factories
German defence giant's investments are part of a broader European effort to boost defence production since Russia’s invasion of Ukraine.
INTERVIEW: How tiny Slovenia’s equity market outpaced global peers
InterCapital’s Divo Pulitika analyses why Slovenia and Romania have quietly delivered some of the best equity market returns in the world over the past decade — and whether this can continue.
EU commits to huge increase in energy imports from US - Statista
One of the key components of the trade deal that the European Union and the US agreed upon on July 27 is the EU’s commitment to massively ramp up energy imports from the United States, Statista reports.
EU faces worst wildfire season on record as over 1mn hectares burn
The European Union is enduring its most severe wildfire season since records began, with more than 1.01mn hectares of land scorched so far this year,
Peace turns on possible new Western security deals for Ukraine
Mixed results for Ukrainian President Volodymyr Zelenskiy following the historic meeting with US President Donald Trump and seven European leaders on August 18 in the White House.
High stake talks in Washington between Trump, Zelenskiy and EU leaders
Following the underwhelming Alaska summit, US president Donald Trump has invited five European leaders, NATO, and the EU to the Oval Office as well as Ukrainian President Volodymyr Zelenskiy to close a deal that could end the war on August 18.
Romania to target profit-shifting by multinationals as it seeks to boost revenues
Finance minister says Bucharest wants multinationals to invest "but they must pay corporate tax".
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Romania and Slovenia rival NASDAQ 100 returns over the past decade
InterCapital's Divo Pulitika says Romania and Slovenia have delivered some of the highest equity returns globally over the past decade.
European beekeepers oppose higher duty-free honey imports from Ukraine
The European Beekeeping Association (EBA) has called on the European Commission to delay a planned increase in duty-free honey imports from Ukraine, warning that the move risks worsening pressure on the EU’s honey market.
Europe overtakes US as main supplier of military aid to Ukraine
Europe, including the United Kingdom, has outstripped the United States in total military aid to Ukraine for the first time since mid-2022, with a growing share of support sourced directly from defence industry production rather stockpiles.
Iran revives Mark 1 Dacia Logan as Pars ‘Nova’ in relaunch
Move over Vauxhall, Iran's former GM plant has nabbed the Nova moniker for a rehashed Dacia sedan from the early 2000s!
Romania’s Social Democrats threaten coalition boycott
Ruling coalition has been under strain over policy differences, particularly on fiscal reforms and public sector restructuring.
Wildfires close Dardanelles gateway to Black Sea
Strait closed as Turkey’s heatwave battle with raging wildfires fanned by strong winds continues.
Slovak ruling party lawmakers criticised for meeting far-right influencer Andrew Tate
Smer politicians have become increasingly radical since the slump in the Slovak ruling party's popularity.