Romania
Trump chews coalition of the willing leaders out over Russian oil imports
US President Donald Trump got into another shouting match over the Ukraine conflict, this time with Europe’s top leaders of the coalition of the willing, in a phone call following the end of the Paris summit on September 4.
Romania’s President Dan says securing stable government his top achievement in first 100 days
Nicușor Dan rates his performance at “seven to eight out of ten”, citing government stability and efforts to rein in Romania's deficit.
Romania’s retail sales rise 5.3% y/y in July, ahead of expected slowdown
Recent VAT and excise duty hikes as well as slower household income growth to weigh on consumption.
The coalition of the willing meet in Paris to try and stop the war in Ukraine
President Zelenskiy travelled to Denmark and France on September 3 to meet with leaders from 35 countries that make up the coalition of the willing (COW) and discuss the need for strong measures to pressure Russia to negotiate an end to the war.
LONG READ: Europeans face recession, financial crises, as they struggle to boost defence spending
US President Donald Trump has dropped the burden of supplying and supporting Ukraine’s battle against Russia firmly in Europe’s lap. But cash-strapped and with the UK and France on the verge of crisis, they are going to struggle to manage.
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.