Romania
EBRD warns CEE competitiveness at risk as China’s export power grows
China's exports have become more similar to those from Central Europe and Turkey, as its share in global manufacturing exports surges.
Romanian cold cuts producer Cris-Tim confirms Bucharest IPO plans
Cris-Tim Family Holding is one of the largest meat processors and ready meal producers in Romania.
"Managed democracy" wins the Moldovan elections
It appears that the ruling Party of Action and Solidarity (PAS) has won the general election in Moldova on September 28, but President Maia Sandu has taken a page out of the Kremlin's “managed democracy" playbook.
Serbia arrests two suspected trainers of Moldovan election disrupters
Pair arrested on suspicion of training Moldovan and Romanian citizens to carry out unrest during Moldova’s September 28 general election.
European diplomats warn Kremlin that Nato is prepared to shoot planes over its airspace
European diplomats warned the Kremlin that Nato is prepared to shoot down any Russian fighter jets that violate their airspace, as military tensions between the EU and Russia continue to mount.
Romania sets rules for response to unauthorised aircraft, destruction a last resort
Procedures drawn up after multiple Russian incursions into airspace of Romania and other Nato Eastern Flank countries.
Poland building a drone wall to protect Europe
Poland will lead an effort to build a “drone wall” to block Europe’s airspace to swarms of Russian UAVs should a pan-regional war ever break out.
COMMENT: Trump is preparing a “back door” plan to blame EU for Ukraine’s failure - FT
European officials fear that US President Donald Trump’s dramatic U-turn on Ukraine is a back door plan to shift responsibility for the West’s failure to prevent Ukraine’s defeat in its war with Russia or help it recover afterwards.
EBRD says geopolitics, tariffs and China competition weigh on Emerging Europe growth
Development bank downgrades 2025 forecasts for Central and Eastern Europe citing weak external demand, rising debt and the impact of US tariffs.
EU launches red-tape cutting reforms seeking to make Europe competitive again
Brussels will start cutting red tape with the so-called omnibus legislation this autumn as it sets out to make Europe competitive again, Politico reported on September 17.
Flydubai launches Romania's second route with inaugural Iași service
Flydubai becomes the first UAE carrier to serve Iași with twice-weekly flights from Dubai, expanding its Romanian network alongside triple daily Bucharest service.
Greenpeace says Ikea suppliers driving destruction of Romania’s ancient forests
Illegal logging is a "systemic problem in forest governance and timber markets" in the region, Greenpeace's head of biodiversity tells bne IntelliNews.
Romania’s macroeconomic confidence index rises after rating outlook affirmed
Boost in confidence follows affirmations of Romania's sovereign rating by Fitch Ratings and Moody’s Investors Service, after the government advanced its first package of fiscal measures in July.
EU finance ministers discuss Ukraine's Reparations Loan but no decision yet
EU finance ministers met in Copenhagen on September 20 to discuss tapping the cash pile of frozen Central Bank of Russia (CBR) money and using it to make a large Reparation Loans to Ukraine, but no final decision has been reached.
COMMENT: Russian drone and jet incursions highlight shortcomings in Nato’s multilayered air defence system
A spate of Russian drone incursions has stress-tested Nato’s air defences. On September 10, nineteen Russian drones violated Poland’s airspace — the alliance’s worst such breach in more than seventy-five years.
EU passes nineteenth sanctions package, accelerates LNG phase out
The European Commission has published proposals for a 19th sanctions package against Russia that would tighten curbs on energy trade and payments, with new measures aimed at oil refineries, oil traders and petrochemical companies in third countries.
Europe’s summer heatwaves killed more than 16,000 people
The heatwaves that swept the Continent were responsible for more than two-thirds of the 24,400 heat-related deaths estimated in Europe this summer, or 16,266 people, according to a new study conducted by scientists at Imperial College London.
The European Commission proposes to “creatively” tap Russia’s $300bn of frozen assets with Reparation Loans
The European Commission is floating a new idea of how to “creatively” tap Russia’s $300bn of frozen assets without the need to appropriate, which is legally questionable, by replacing the money transferred to Kyiv with EU-backed bonds.
Moldova launches new stock exchange with support from Bucharest bourse
PM Dorin Reckon says new exchange to connect Moldova to European markets and create opportunities for entrepreneurs, foreign investors and the Moldovan diaspora.
Inflation wipes out wage gains in Romania as real incomes decline
Romanian households saw their purchasing power shrink in July as inflation outpaced wage growth.