Bond issue is part of Romgaz’s strategy to raise €1.5bn for projects including the Neptun Deep offshore gas field.
Romania's private healthcare market has garnered increasing attention from international investors.
Ludovic Orban’s decision to step aside likely too late to prevent division of centre-right vote among multiple candidates, benefitting far-right politician George Simion.
Stark contrast with Southern Europe, where around half of respondents from Bulgaria, Romania and other countries fear they will have to relocate to escape climate crisis, EIB survey shows.
Agriculture, industry and construction were among the long list of sectors whose poor performance dragged growth down.
Romanian industries are failing to take advantage of robust demand within the country, which instead has resulted in higher imports.
SRI rules out role of “hostile foreign actors” after speculation Russia was behind disinformation campaigns.
Romania is increasingly importing consumer goods, while failing to develop value-added or export-driven industries.
With balance of risks to the inflation rate tilted to the upside, National Bank of Romania puts future rate cuts on hold.
The year 2024 is almost certain to set a new record as the warmest year in documented history, according to the European Union’s Copernicus Climate Change Service.
Faced with multiple sources of uncertainty, the BNR continued its cautious stance.
In the European Union, income per person, one of the main gauges of living standards, is on average one-third less than in the United States, mostly because of lower productivity—as emphasised by Mario Draghi’s Sept. 9 competitiveness report.
The re-election of Donald Trump as US President could become a major headache for Europe that is already struggling to keep its head above recessionary water.
French President Emmanuel Macron urged Europe to embrace "strategic autonomy" in the wake of Trump's victory, advocating for a Europe less reliant on American military protection.
With second largest land forces in Nato, Ankara may have an ace in efforts to join European bloc if Trump takes US on isolationist path.
George Simion has consistently supported Trump despite harsh criticism from rival politicians. Now he expects to reap the benefits.
Hungarian Prime Minister Viktor Orban is set to parade his support for Trump at the European Political Community meeting in Budapest on November 7-8.
Romania’s Prime Batteries Technology is close to launching production at its new factory near Bucharest, which will provide an initial capacity of 2,000 MWh per year in lithium-ion batteries for energy storage.
One of the salient points is that would-be members have never been interested in the “values” part of the deal and see the need to adhere to them simply as an annoyance that has to be tolerated if you want access to the transformation grants.
After the collapse of the Soviet Union the only thing almost all the former republics and vassal states wanted to do was join the European Union. It was a no brainer. Not any more. A growing number of countries have cooled on joining the EU.