Romania

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

Hungary’s ‘race to the bottom’ currency policy comes under fire – CET analysis

Hungary's currency, the forint, has in recent weeks plumbed all-time lows against the euro. Although currencies are dropping across Central…

2 years ago

Romania to host CEE firms at defence expo

Companies from at least nine Central and Eastern Europe (CEE) countries will present their products and services at the upcoming…

2 years ago

Growth in CEE to slow to 3.5% – World Bank

The war in Ukraine is set to inflict twice the amount of economic damage that the COVID-19 pandemic did, the…

2 years ago

Ex army officer to lead Romania, as MPs put differences aside to face crises

Romanian MPs overwhelmingly approved a grand coalition that includes historically bitter rivals the National Liberal Party (PNL) and the Social…

2 years ago

Romania may pioneer construction of US ‘small nuclear reactors’

Romania could become the first country to deploy a small modular nuclear reactor (SMR), according to an agreement between the…

3 years ago

Four-star general nominated to head Romania’s government

Romanian president Klaus Iohannis has designated his country's interim defence minister, Nicolae Ciuca, as prime minister to form Romania's new…

3 years ago

Latvia reimposes lockdown as COVID rips through Baltics and Balkans

Latvia has announced a month-long COVID lockdown after a surge in infections and hospitalisations, becoming the first EU country to…

3 years ago