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

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

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

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

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

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 ...

Romania's two-week-old broad coalition government is set to face a no-confidence vote as it seeks to speed through planned ...

Staying true to his commitment, European Council President António Costa once more concluded the June European Council meeting within a single calendar day.

Romania will consider significant changes to its current gambling tax framework as proposed by the formation of a new ...

Romania’s new pro-Western president has nominated center-right former mayor to be prime minister. The European Union and NATO member state is seeking to usher in a new government to end a ...

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

OSRAM, a global leader in automotive lighting solutions, has received certification from the Romanian Automotive Registry ...