Romania
Bosnia stops citizens of states that backed UN Srebrenica resolution from voting in European Parliament elections
Bosnian Serb ministers reject requests to allow citizens of Romania, Slovenia and Poland in Bosnia to vote in the European Parliament elections.
CEE's authoritarian nationalists seek to 'occupy' Brussels
Populist parties could come first in 11 of the 27 member states in the European Parliament elections, six of which are in Central and Eastern Europe.
CEE countries still lag behind Western Europe on prosperity
Several Central and Eastern European countries still rank in the bottom third of the new Prosperity Index of EU countries published by Erste Group Research.
Developed world countries gave developing countries more than $100bn to tackle climate change for the first time in 2022
Developed countries provided $115.9bn in climate finance to developing nations in 2022, exceeding the $100bn annual commitment for the first time, according to data from the OECD.
CEO's resignation sparks dive in UiPath share price
Shares of Romania-born, NYSE-listed robotic process automation company UiPath tumbled by 30% in after-hours trading after CEO Rob Enslin stepped down.
Digi strikes deal to take over Telekom Romania Mobile
Romanian telecom group to take indirect majority control of local mobile operator as OTE exits Romania.
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Romanian fuel distribution company JP Grup Oil to launch Bucharest IPO
JP Grup Oil seeks to raise €11mn-13mn in latest of a series of IPOs on Bucharest Stock Exchange this year.
Retailers poised to bring first autonomous stores to Romania
Rewe's Penny and Polish Zabka have announced plans to open autonomous stores in the Romanian market.
Amazon Games launches development studio in Bucharest
US-based game development company wants to tap into the rich pool of talent in Romania with the new Bucharest studio.
“Silent demise” of world’s vast rangelands threatens food supply of billions, warns UNCCD report
Sixty-plus experts examine degradation caused by land overuse and misuse, climate change and biodiversity loss.
Residential drags down Romania's construction sector in Q1
Construction works index in Romania contracted by 7.1% y/y due to an unexpectedly sharp 34.1% y/y plunge in the residential buildings segment.
Romania’s DIGI telecom group launches operations in Belgium
DIGI Belgium says it plans to "shake up the market" as it enters the market in partnership with Citymesh.
The use of the ruble in EU trade settlements reaches a record $15.2bn in March
The use of the ruble in settlements for goods and services exported by Russia to European partners was up 58.5% in March 2024 to record levels, according to data from the Central Bank of Russia.
BOFIT: The bilateral relations between China and the European Union are important but challenging
In early May, Chinese President Xi Jinping visited Europe for the first time since 2019. The destinations of the visit were France, Hungary and Serbia. China sought to improve its relationship with Europe, but relations remain tense.
Global warming acceleration at its peak but the La Nina effect this year will reduce temperatures less than expected
Global temperature is now near its peak due to El Niño aerosol decrease. How far will it fall in the coming La Niña? Less than expected.
Romania’s CA balance flat y/y at €3.95bn in Q1
The current account (CA, chart) of Romania remained roughly unchanged in nominal terms (€3.95bn) in the first quarter of the year (Q1) compared to the same period in 2023, according to data published by the National Bank of Romania (BNR).
EBRD2024: EBRD expects Emerging Europe growth boost in 2024, but slightly lowers forecast
Development bank makes downward revision in latest forecasts after worse than expected Q1 figures for Central Europe.
European election results could spell further backtracking on climate policy
Results from the European Parliament elections next month could have major implications for the EU Green Deal and other climate policy, with far-right politicians expected to win more seats.
Romania’s central bank takes cautious stance with no-change policy decision
BNR noted that the CORE inflation eased less than expected during the first quarter of the year.
Joining the EU has been the best reform strategy for any former Warsaw pact country
After 20 years in the EU, a comparison of Poland and Romania with Ukraine, which is waiting to join, highlights the prosperity it brings its newest members.