BUCHAREST - Romania has banned Ion Ceban, the mayor of neighbouring Moldova's capital, Chisinau, from entering the country in a move that extends to the entire Schengen visa-free travel area, ...

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.

Oil & Gas - Romania is on track to become Europe’s leading producer of natural gas in the wake of reduced Russian supply.

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 ...

Romania's prime-minister Ilie Bolojan has unveiled a package of austerity measures set to enter into force on August 1, as ...