The relatively modest annual increase was largely a base-effect story, as construction activity had already reached its highest adjusted level in July 2025.
Ukraine has launched a new regional grouping bringing together eight countries around the Carpathian region, seeking to turn wartime trade links and security cooperation into a longer-term framework.
Siegfried Mureșan has started talks with party leaders, but parliamentary support currently looks insufficient.
EU regions bordering Russia, Belarus and Ukraine are facing a combination of security threats, disrupted trade, falling investment, labour shortages and population decline that has compounded longstanding economic weaknesses.
No clear majority has emerged after two previous attempts to form a government failed.
Deterioration was driven entirely by the primary and secondary income accounts, while the goods and services balance continued to improve compared with a year earlier.
Romania is Europe’s largest and the world’s third-largest exporter of live sheep, with Arab countries among its main destinations.
Romania’s industrial activity deteriorated further in July, with industrial output falling 6.3% y/y and manufacturing output declining 7.3%.
Lower inflation helped moderate the decline in real incomes, but the average net wage still fell 2.5% y/y in real terms in July.
Decline mainly reflects base effects from the VAT rate increase in August 2025.
The Rovina project is listed among the European Union’s priority projects for strategic minerals under the Critical Raw Materials Act.
Improvement of external balances that began in mid-2025 ends as domestic consumption weakens along and fiscal consolidation measures are introduced.
Construction was the only major sector to make a substantial positive contribution to Q2 and H1 economic activity.
No clear outcome has yet emerged as President Nicușor Dan embarks on his third attempt to form a government.
Household consumption has stabilised at the lower level reached after last year’s correction.
Russian drones hit warehouses belonging to the Nasdaq-listed drugmaker Teva and one of the World Health Organization's main medical supply depots in Ukraine on September 3.
Russian oil companies failed to fulfil about 60% of gasoline supply contracts on the St Petersburg exchange between May and September, industry sources told Kommersant on September 3.
The new Moldova International Stock Exchange is expected to strengthen Moldova’s capital-market infrastructure and diversify financing sources for companies.
Digi continues to expand its regional telecommunications operations following its international growth and the listing of its Spanish subsidiary.
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A massed Russian missile and drone attack on Odesa region's backbone energy assets cut power to more than 350,000 families, grid operator DTEK Odesa Grids said, on September 2.