Romania’s government is rushing to approve a sweeping fiscal austerity package, provoking a potential no-confidence motion by ...

Romania remained among the world's high-income countries in 2024, a group it entered in 2019, according to a ranking by the ...

For the fourth consecutive year, the Embassy of Romania in Washington, DC, organizes a series of events dedicated to the ...

EU ministers will pile pressure on Bucharest to impose austerity measures and bring the deficit under control.

Poland’s recent presidential election and Romania’s unexpected voter turnout reflect contrasting political trajectories.

Romania is set to present a fiscal package of tax hikes and wage freezes in the public sector to scale back the budget ...

The Netherlands is providing Romania with 18 F-16 fighter jets for a symbolic price of 1 Euro, significantly bolstering ...

Romania is facing renewed frustration over how its defense industry has been treated in major military deals. Public ...

BUCHAREST, Romania — Romania’s new pro-Western president on Friday nominated a center-right former mayor to be prime minister, as the European Union and NATO member state seeks to usher in a new ...

Petre-Florin Manole, a Social Democrat, has become minister of labor as part of the small group of new faces in the Romanian ...

The country faces having to cut 20 percent of civil service jobs while ramping up VAT and increasing excise duties. The ...

Overall, we anticipate that these combined factors will push inflation into the 7.5-8.0% range in the coming months, which ...