Romania
Trump policies won’t harm Emerging Europe badly – and will actively benefit Russia
Latest wiiw forecasts show little direct impact on Central and Southeast Europe from Trump trade wars.
_Cropped_1745917431.jpg)
Romania to invest €2.5bn in Black Sea airbase with or without US support
The expanded Mihail Kogălniceanu base is expected to become one of Nato's most strategically important military installations.
Romania’s High Court rejects appeal to resume annulled presidential elections
Far-right politician Calin Georgescu won the first round of the election that was annulled in December 2024, but has been barred from standing in the May 2025 re-run due to his extremist views.
Far-right candidate George Simion leads poll ahead of Romanian presidential election
Simion set to lose in the second round to either of his main challengers, but the race for second place is tightening.
Incoming German government compromises on carbon offsets to boost flagging economy
Germany’s incoming government has conditionally endorsed the European Union’s proposed 2040 climate goal and backed the EC's recommended 90% emissions reduction target but only if international carbon offsets and carbon removals are permitted.
World Bank cuts Romania's growth forecast to lowest in the region for 2025 and 2026
The World Bank has sharply revised downward its economic growth projections for Romania, now expecting GDP to grow by just 1.3% in 2025 and 1.9% in 2026.
Romania's public deficit reaches new record in 2024
Romania posted the widest general government budget deficit among EU member states at 9.3% of GDP, nearly three times the EU average.
How Europe has weaned itself off Russian gas in the last three years
In 2021, Eastern European countries imported almost half of their gas from Russia. Only two countries in the region – Albania and Kosovo – were wholly independent of Russian gas.
COMMENT: Make no mistake: Trump’s tariff turmoil is a major economic crisis
A wave of erratic tariff announcements from the United States has further battered already the already weak Eurozone economic indicators, with last week's sharp decline in the ZEW Economic Sentiment Index collapsing further.
Romania braces for Easter electricity oversupply driven by prosumers and renewables
If Easter Sunday is sunny, Romania will experience very high production of solar energy and extremely low electricity consumption.
Bosqar’s Mplus expands with Conectart and Valoris acquisitions
Croatia-based BPO company announces takeovers in Romania and Slovakia expanding its footprint in the CEE region.
New study reveals extent of Russian disinformation targeting Emerging Europe
'Pravda network' targeting regions of geopolitical interest for the Kremlin with negative impact on democracy and regional stability.
EBRD seeks to sell Moldova's strategic Giurgiulesti port amid legal dispute
The sale of Moldova’s main sea-to-river port will not be straightforward as many conflicting interests are at stake.
COMMENT: Could the US strike a deal to restart Nord Stream gas pipeline?
US President Donald Trump has made it clear that he wants to do business with Russia and tap into its vast raw material resources. But restarting the Nord Stream gas pipeline is the only US-Russian business project that looks viable.
Romania’s Banca Transilvania expands in Moldova with takeover of top microfinance firm Microinvest
Acquisition to allow Victoriabank to diversify its portfolio and client base by integrating Microinvest’s strong position in the microfinance sector.
Romania’s public debt takes a break and stays flat in January at 54.8% of GDP
Romania’s rapidly rising public debt (chart) remained steady through January, ending the month at RON964.4bn (€193.8bn), or 46.8% of GDP, according to data published by the Finance Ministry.
Romania’s trade deficit expands 32% in February as exports falter and imports surge
Romania’s foreign trade (chart) deficit widened by 32% year on year in February 2025, reaching €2.74bn, as export volumes declined and imports continued to rise, according to figures published by the National Institute of Statistics.
COMMENT: US tariffs set to squeeze European corporate earnings across multiple sectors – Fitch Ratings
US President Donald Trump’s Liberation Day tariffs on European imports – set at 20% for EU member states and 10% for the UK – are poised to curtail revenue and profitability growth across several corporate sectors in Europe, according Fitch.
Romania to hold policy rate steady amid internal and external risks
The National Bank of Romania is expected to maintain its benchmark interest rate (chart) at 6.5% during its monetary board meeting on April 7, as high internal and external risks prompt caution among policymakers.
Romanian geothermal expert Green Tech International has dual listing in sight after Bucharest IPO
Company aims to triple its active geothermal capacity, double installed capacity to 1 GWt by 2028 and expand into downstream business lines, COO Dragoș Gavriluță tells bne IntelliNews.