Romania

Romania blames Hungary for Schengen deficit

Romanian lorry drivers urged their government to “relentlessly lobby” for the country to join the Schengen zone on Monday, asserting…

2 years ago

Moody’s forecasts CEE growth in 2022, amid soaring inflation

The loan-book performance of banks in Central and Eastern Europe (CEE) is set to worsen as interest rate hikes take…

2 years ago

Bulgaria, Romania edge towards Schengen membership, as MEPs express overwhelming support

MEPs backed Bulgaria and Romania joining the Schengen zone in the coming months by an overwhelming margin on Tuesday. Of the…

2 years ago

Romanian auto industry rallies to surpass pre-pandemic levels in first nine months

Passenger car production was up 21.2% year-on-year, to 381,971 units, in Romania in the first three quarters of 2022, according to…

2 years ago

Romania rolls out strategy for solar, wind power

The Romanian Energy Ministry has launched a renewable energy tender call worth EUR 457.7mn for projects totalling 950MW capacity, which…

2 years ago

As Ryanair suspends CEE flight routes, Aeroexpress mulls new services

Ryanair CEO Michael O'Leary said his budget airline has no plans to withdraw from Hungary but will cease some services…

2 years ago

Scholz says ‘centre of Europe is moving eastwards’ on Prague visit

German Chancellor Olaf Scholz emphasised the urgency of accession for aspiring EU members in Central and Eastern Europe (CEE) when…

2 years ago

Polish photovoltaic company Toren acquired by Swiss firm MET

Polish greenfield solar power project Toren Spolka Akcyjna agreed a 100% share purchase agreement with the Swiss-based energy company MET…

2 years ago

Estonia becomes latest CEE country to be targeted by Russian hackers Killnet

Estonia has repelled its most severe hacking attack in 15 years, the government announced on Thursday. The hack of the previous…

2 years ago

Corruption not seen as major issue by majority of firms in Poland, Czechia, Austria- Ipsos poll

Corruption is considered a very serious problem by 59% of business leaders in Romania, the highest percentage in the EU,…

2 years ago