Romania
Romania’s Social Democrats withdraw support for PM Bolojan forcing coalition reset
PSD votes overwhelmingly to withdraw political support for Prime Minister Ilie Bolojan, raising the prospect of a government collapse.
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Russian sabotage operations in Europe almost quadrupled in 2024, IISS says
Russian sabotage operations in Europe almost quadrupled from 2023 to 2024 according to IISS research, with submarine cables, legacy IT systems and underinvestment in critical infrastructure identified as key vulnerabilities.
Germany rallies behind Ukraine as peace talks stall, EU membership debate divides the bloc
Germany has unveiled a sweeping €4bn military support package for Ukraine and Chancellor Friedrich Merz has called for the rapid disbursement of a long-delayed €90bn EU loan to Kyiv, as European powers scramble to shore up Ukraine's defences.
Zelenskiy proposes a new European version of Nato
Ukrainian President Volodymyr Zelenskiy has proposed the creation of a new European-centred security bloc that would include Ukraine, the EU, the UK, Turkey and Norway, as concerns mount over the future of US support for Nato.
Romania’s trade deficit narrows further on weaker consumption, fiscal tightening
Tenth consecutive month of improvement in Romania’s trade balance reflects subdued domestic demand and the effects of ongoing fiscal consolidation
US-Europe relations strains bring Nato alliance close to breaking point
The West is discussing a new defence alliance format to replace Nato that would include Ukraine. Nato's current form is ineffective, so it is worth creating a new defence structure.
Grid constraints threaten Europe’s energy security ambitions
Europe risks undermining its energy security and industrial competitiveness due to insufficient electricity grid capacity, with at least 120 GW of planned renewable projects facing delays, according to a report by Ember.
Greenpeace says gas flaring persists in eastern EU despite methane ban
Fossil fuel operators in parts of eastern Europe are continuing to burn methane in potential breach of new EU rules banning routine flaring.
Romania keeps policy rate, signals higher inflation in Q2 on Middle East effects
Central bank’s forward guidance showed a clear shift in tone: inflation risks are now tilted to the upside in the short term, effectively pushing expectations for monetary easing further into the future.
Romania’s manufacturing remains in contraction despite March improvement
Romania’s manufacturing sector remained in contractionary territory in March, despite a slight improvement in business conditions, according to data from the BCR Romania Manufacturing PMI cited by Erste Group.
Spain cuts the link between gas and power and has Europe’s cheapest power
A year ago this week, Spain’s grid ran entirely on renewable power for a full day for the first time ever. Wind, solar, and hydro met all the peninsula’s electricity demand on April 16.
Romania’s forex reserves rise €2bn in March to €67bn amid FX bond issues
Romania’s foreign exchange reserves increased to €67bn at the end of March 2026, €2bn up from a month earlier, according to National Bank of Romania data.
Sany of China plans €1bn green energy and data centre project in Romania
Chinese industrial conglomerate Sany Group plans to invest more than €1bn in a large-scale hybrid energy and data centre project in western Romania.
EV sales overtake petrol vehicles in EU for first time
Sales of EVs overtook standard petrol cars in the EU for the first time in December 2025, marking a milestone in the bloc’s transition to cleaner transport and reducing its reliance on oil imports.
Bulgaria backs EU deal on Vertical Gas Corridor to secure regional gas supplies
Operators of the Vertical Gas Corridor have agreed with the European Commission on a long-term framework to secure reliable gas supplies to Southeastern Europe.
Romanian households cut services spending sharply in January
Contraction reflects a growing propensity to save among households amid rising uncertainty, a trend also visible in retail trade.
Central Europe curbs gun trafficking but faces new risks from Ukraine war, report says
Firearm violence across Central Europe is among the lowest in the world, but the region continues to play a role in the illicit circulation of weapons, according to the Global Initiative Against Transnational Organized Crime.
More Moldovans support than oppose unification with Romania, survey shows
The findings show growing support for political unification with Romania, especially among the diaspora, coexisting with a Moldovan national identity.
Middle East conflict fallout to slow growth, push up inflation in Emerging Europe and Mediterranean region, EBRD says
Development bank says economic fallout is already spreading, through higher energy and fertiliser costs, damage to tourism and higher debt-servicing costs.
China becoming the first Electrostate
China is well on the way to becoming the world's first “Electrostate”. The nature of the global economy is changing. The carbon-based economy that has dominated since the industrial revolution giving away to a silicon-based economy.