Romania
US administration 'misinformed about Romanian elections', says presidential candidate Nicusor Dan
US Vice President JD Vance and billionaire Elon Musk have repeatedly criticised the cancelation of Romania's 2024 presidential election and expressed support for far-right candidate Calin Georgescu.
Romanian startup Bible Chat raises $14mn in Series A led by True Ventures
Bible Chat is 13th among the most downloaded apps on the App Store, alongside WhatsApp and Instagram, and has so far reached 10mn users.
BALKAN BLOG: Upended world order enables Russia’s return to Southeast Europe
The US’s distancing from its traditional democratic allies and embrace of the far right paves the way for the return of Russian influence to a region from which it has long been in retreat.
Romania's retail market expands despite economic slowdown, says Colliers
Growth reflects improved purchasing power, with Romania outpacing major economies in the region – and even some Western European countries – in per capita spending on clothing and footwear, says new Colliers report.
Far-right politician Diana Sosoaca to enter Romanian presidential race
SOS Romania leader Diana Sosoaca makes new attempt to run for presidency after she was barred in 2024 for posing a threat to democracy.
Trump administration reportedly pressured Romania to lift restrictions on Tate brothers
Disgraced influencers Andrew and Tristan Tate were arrested in December 2022 on charges including human trafficking, sexual misconduct and money laundering.
Southeast Europe’s far right revel in Vance’s attack on Europe
Right-wing and pro-Russian politicians across Southeast Europe applauded US Vice President JD Vance’s criticism of the European Union at the Munich Security Conference.
Romania’s GDP grows 0.9% in 2024, flash estimate shows
Romania’s economy expanded by 0.9% year on year in 2024 (chart), after posting a 0.7% y/y increase in Q4, according to a flash estimate from the national statistics office.
Romania’s industrial output contracts 1.6% y/y in 2024 despite Q4 rebound
Utilities sector weighed on overall performance, while food manufacturing, chemicals and oil refining bucked the negative trend.
Romania’s President Iohannis resigns
Klaus Iohannis quits ahead of parliament vote on his suspension saying he doesn't want Romania to become a "laughing stock".