A collection of 217 posts
Two countries in Central & Eastern Europe (CEE), Bulgaria and Croatia, are on track to introduce the European common currency. In Sofia, politicians on both the left and right endorse the euro despite the looming government crisis, while Zagreb has even decided on its national symbols to be portrayed on
According to a new Flash Eurobarometer Romanian citizens are most eager to join the eurozone. The survey polled people in 7 EU countries where there is no euro yet. The results show that 75 per cent of Romanian respondents want to switch their Leu to Euros up from 63 per
Starting in July of this year, Romania and Bulgaria will be granted access to Europe’s Visa Information System (VIS), a database that connects border guards at the EU’s external borders with member states’ consulates around the world, as part of those countries’ eventual inclusion into Schengen, a borderless
Romania’s economy will grow by 6% this year, fully reversing the 3.9% contraction caused by the COVID-19 pandemic last year, according to an updated Global Economic Prospects published by the World Bank. The global outlook remains subject to significant downside risks, including the possibility of additional COVID-19 waves
This week, Romania announced that it was ditching coal, thus joining the majority of EU member states that have made a pledge to phase out their coal industries. Romania’s plan sees a total coal phase-out by 2032. In the meantime, in 2022 the country will come up with legislation
On 22 April, Ford Europe announced it would invest USD 300 million in Romania to build new light commercial vehicles in its Craiova plant starting from 2023. The Romanian investment was announced weeks after Ford having disclosed it would turn its factory in Cologne, Germany into its European EV automotive
Within the EU, Romania is a hardliner against Russia, and a country almost immune to Russian pressure in Eastern Europe. New developments, especially the election of a new, pro-Romanian president in Moldova, raise the risk of further deterioration of Russo-Romanian relations, which have never been seamless. Romania was one of