Romania may sue Austria over Schengen
Romanian Prime Minister Marcel Ciolacu on Monday 18 September issued a warning to Austria, stating that if Austria does not remove...
Romania
Romanian PM announces joint business forum with Germany later this month
Romania's development and evolution are defined by resilience, sustainability, transparency, equity and efficiency, Romanian Prime Minister Marcel Ciolacu told the Annual...
CEE insurance sector grows by over 10%
The Central and Eastern Europe (CEE) insurance market reached a total of EUR 12.5bn by the end of the first quarter...
Romanian minister unpacks ‘austerity plan’
Romania's Finance Minister Marcel Bolos said he is introducing prudent spending measures to put the country on a development path, despite...
Romania hikes inflation forecast
The National Bank of Romania (BNR) revised upward, to 7.5% its inflation prognosis for the end of this year on Wednesday,...
New roads means more infrastructure for Romania
Romania has signed a RON 562.61mn (EUR 106.64mn) construction contract for a road connecting the Autostrada Transilvania (A3) and the DN1...
Danube bridge transforms Romania’s road network
The opening of the Braila road suspension bridge puts Romania into the category of countries with leading road infrastructure, Romanian Road...
Romania’s top banker – ‘close tax loopholes’
National Bank of Romania (BNR) chief economist Valentin Lazea warned that the country’s ballooning deficit could make it "the next candidate...
Romania polls lowest consumer prices in EU, followed by Bulgaria, Poland
Romania last year recorded the EU’s lowest level of prices for consumer goods and services in households, 42% below the EU...
Electric cars overtake diesel in Romania
Electric and hybrid cars are gaining ground in Romania, as the segment represented over 20% of all new cars sold in...
Romania loosens surplus tax on OMV Petrom
Romanian President Klaus Iohannis promulgated the revised law that lays down a "solidarity contribution" from the “excessive profits” of energy companies,...
Romanian farmers hold nationwide protest
Farmers are organising protests across Romania on Friday 7 April to express dissatisfaction with the European Commission (EC) approach market distortions...
Polish PM backs alliance with Romania, Ukraine
Prime Minister Mateusz Morawiecki laid out his hopes to build a new economic community in Central and Eastern Europe (CEE) with...
Inflation swallows up pay hikes in Romania
The average net salary in Romania was RON 4,254 (EUR 864) in January 2023, up 15% year-on-year, but down RON 144,...
Romanian investments up in 2022 – PM
Net investments in the Romanian economy were 150.1 billion leu (EUR 3.06bn) in 2022, up 8.5% on the previous year, according...
Romania, Hungary sign deal to lay world’s longest electricity cable
Hungary and Romania were among the four signatories of an agreement to construct a 1,100km (685 mile) power line under the...
EU green lights Croatia to join Schengen, snubs Bulgaria, Romania
Croatia will become the Schengen zone’s newest member on 1 January, the Council of the EU announced on Thursday, 8 December. Croatia will...
Romania secures EUR 650mn factory investment as Nokian Tyres looks to replace Russian output
Nokian Tyres will build a EUR 650mn passenger car tyre factory in Oradea, western Romania, creating around 500 jobs, it announced...
Hungary, Georgia discuss ‘major new energy cooperation’
Hungarian Prime Minister Viktor Orban and Georgian Prime Minister Irakli Garibashvili signed a strategic partnership agreement and discussed responses to the...
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 that...