The significant fiscal consolidation measures recently adopted by the Romanian government are "an important and positive step ...

Romania’s government is rushing to approve a sweeping fiscal austerity package, provoking a potential no-confidence motion by ...

Romanian authorities believe the recently approved fiscal corrective package, with an estimated impact of 0.56% of GDP, will ...

EU ministers will pile pressure on Bucharest to impose austerity measures and bring the deficit under control.

The country faces having to cut 20 percent of civil service jobs while ramping up VAT and increasing excise duties. The ...

Ahead of the vote on Thursday, Ursula von der Leyen, president of the commission, appeared before the European Parliament to ...

Oil & Gas - Romania is on track to become Europe’s leading producer of natural gas in the wake of reduced Russian supply. This is being driven not only by the ...

Facing backlash from unions and business groups, Romania’s government is under fire over an austerity plan critics say ...

Bulgarian exports to Romania saw a significant rise of nearly 19% in the first quarter of 2025, compared to the same period last year. Overall trade between the two countries grew by 7%, confirming ...