Romania

New EC report assesses rule of law across CEENew EC report assesses rule of law across CEE

New EC report assesses rule of law across CEE

The new report on rule of law and governance by the European Commission (EC) gives a mixed picture on Central…

9 months ago
Romania tops inflation list, Latvia rate flattensRomania tops inflation list, Latvia rate flattens

Romania tops inflation list, Latvia rate flattens

Romania reported the highest inflation rate in May, of 5.8%, driven by significant increases in housing and utilities prices, according…

10 months ago
Romania makes card payment compulsory optionRomania makes card payment compulsory option

Romania makes card payment compulsory option

Romanian companies are now obliged to offer customers the possibility to pay for purchased goods and services with credit and…

11 months ago
CEE startups secure USD 11.8bn in Q1 despite global declineCEE startups secure USD 11.8bn in Q1 despite global decline

CEE startups secure USD 11.8bn in Q1 despite global decline

Despite an overall downturn, the Central and Eastern European (CEE) start-up scene showed resilience in the first quarter of 2024,…

11 months ago
Local elections held in parallel with EU ballot in Hungary, Bulgaria, RomaniaLocal elections held in parallel with EU ballot in Hungary, Bulgaria, Romania

Local elections held in parallel with EU ballot in Hungary, Bulgaria, Romania

One-third of the EU-27 member states held local or national elections in tandem with the European Parliament ballot on June…

11 months ago
CEE centre holds, as far-right scores gains in EU voteCEE centre holds, as far-right scores gains in EU vote

CEE centre holds, as far-right scores gains in EU vote

Pro-European centrist parties performed well in Central and Eastern Europe (CEE) at the European Parliament (EP) elections held from 6-9…

11 months ago
Romania mulls Danube HEP plant project with SerbiaRomania mulls Danube HEP plant project with Serbia

Romania mulls Danube HEP plant project with Serbia

Romania’s Energy Ministry confirmed that it may partner with Serbia to build a third hydroelectric power (HEP) plant on the Iron…

11 months ago
Romanian gov’t, chemical industry sign energy-transition letter of intentRomanian gov’t, chemical industry sign energy-transition letter of intent

Romanian gov’t, chemical industry sign energy-transition letter of intent

Romanian Minister of Economy, Entrepreneurship and Tourism Stefan-Radu Oprea and Romanian Chemical Industry Association Romchimica signed a letter of intent…

12 months ago
Romania overtakes Hungary on PPPRomania overtakes Hungary on PPP

Romania overtakes Hungary on PPP

Romanians have been consuming more than Hungarians, Budapest-based business website Portfolio writes, and now it has become clear why: wages…

12 months ago
IMF report shows CEE catching up on southern European neighboursIMF report shows CEE catching up on southern European neighbours

IMF report shows CEE catching up on southern European neighbours

Per capita income in Slovenia will surpass that of Italy by 2029 when adjusted for purchasing power (PPP), according to…

12 months ago