Reforms are part of broader government effort to support urgently needed fiscal consolidation measures.
The SHORAD and VSHORAD systems are critical components in Romania’s efforts to modernise its military capabilities amid evolving regional security dynamics.
Maspex aims to broaden its product portfolio beyond its core soft drinks and food businesses.
Romania’s new fiscal consolidation package is likely to reduce the country’s twin deficits over the next two years, but at the cost of significantly slower economic growth, analysts said.
Romania’s industrial production posted a sharp year-on-year increase of 7.1% in May.
The war is not an obstacle to Ukraine's membership of the EU, and most of the EU members states have thrown their support behind getting Ukraine into the club as fast as possible.
Two decades after private equity firms first started to bet big on Central Europe’s private healthcare, the sector remains a magnet for investors, who are also eyeing deals in adjacent sectors.
Etihad Airways, the national airline of the United Arab Emirates, will launch seven new destinations from Abu Dhabi between November 2025 and March 2026, expanding its network across the Middle East.
Immigration outweighed the natural population decline in 2024 in just three of the newer EU member states – Croatia, Czechia and Slovenia.
Electricity market liberalisation and a VAT hike in August are expected to put upward pressure on prices.
US President Donald Trump escalated his trade war with Mexico and Europe by slapping whopping 30% tariffs on both, after neither of them managed to cut a new trade deal before the July 9 deadline.
Data confirms Romania’s GDP continued its five-quarter quasi-stagnation in Q1.
AUR and fellow far-right parties fall short of the 233 MPs needed for the motion to succeed, but are looking for defectors from the four-party ruling coalition.
Biomethane project is part of DN Agrar’s strategy to expand its green energy portfolio and support a circular agricultural model.
EY says Romania's M&A market "demonstrated resilience", buoyed by large strategic transactions.
Heat records have become commonplace in meteorological record-keeping, while new cold records have become few and far between, Statista reports.
Economies across Central, Eastern and Southeast Europe are set to maintain solid growth in 2025 and 2026 but face downside risks from Middle East tensions, the war in Ukraine and US trade policy.
European Commission President Ursula von der Leyen is pushing for closer ties with Asia as part of a new EU trade strategy to offset the growing trade war risks with the Trump administration and reforming the global trade system.
Record-breaking temperatures for the time of year are likely to occur across a large part of western Europe in the coming days as a historically unprecedented heatwave intensifies.
2025-2028 Ruling Programme outlines broad reforms aimed at modernising state institutions and restoring fiscal discipline.