EC president Ursula von der Leyen with Romanian PM Vasile-Florin Cîțu, Photo: Etienne Ansotte
With the country seeing a massive surge of the COVID-19 pandemic and having to deal with a tenuous international credit rating, now Romania’s government has failed to pass through a no-confidence vote today, 5 October.
Romanian prime minister Florin Citu and his minority-led coalition had only been in power for 9 months, but his Liberal Party’s falling out with its main coalition partner led to political tensions and a stalemate. For his part, Citu said he was leaving all options on the table.
Later today, Romania’s president, Klaus Iohannis, is expected to nominate a new prime minister, but has several potential courses of action he could take, including appointing a caretaker government.
In a separate-yet-related matter, today Romania’s currency, the leu, rebounded after the country’s central bank raised interest rates to curb inflation.
Source: Bloomberg
Polish government representatives outlined the key priorities for its six-month stint holding the presidency of…
Romania and Bulgaria are set to become full members of the Schengen Area on 1…
Slovenia has announced an increase in border controls with Croatia and Hungary, citing national security and escalating concerns over…
Digital news consumption in Central and Eastern Europe (CEE) is transforming, driven by evolving audience…
Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical…
Austria's economy has contracted for the sixth quarter in a row, and there has been…