European nations within Nato are facing a €56bn shortfall in meeting the alliance's defence spending pledge of 2% of GDP this year, the Financial Times reported on March 16.
Romania's high fiscal deficit is expected to put pressure on the public debt-to-GDP ratio, eventually pushing it above 50%.
February's fall in inflation was smaller than expected, increasing uncertainty about future rate cuts.
Iohannis stresses unconditional support for Ukraine as he takes on Dutch PM Mark Rutte in race to become next Nato secretary general.
European arms imports were up by 94% in 2019-23, as Ukraine's allies send military aid while also arming themselves, says new SIPRI report.
Romania’s economy advanced by 1.1% y/y in the last quarter of 2023 and by 2.1% y/y in the full year.
Gabriel Resources sued Romania at the World Bank’s ICSID over the stalled Rosia Montana project back in 2015.
Countries in Central and Eastern Europe and Eurasia have a lower gender gap than the global average but only Latvian women have equal legal standing with men.
Private consumption is expected to be a major growth driver in Romania this year and the January figures are fully consistent with this.
In 2023, global CO2 emissions from energy rose at a slower pace compared with the previous year.
The European Union plans to urge the fossil fuel industry to aid in combating climate change in less affluent countries under a United Nations objective, a preliminary document reveals.
La Cocos reached €200mn turnover in 2023 and plans to more than double its number of stores in 2024-25.
BMW says partnership will establish new hub and tackle problem of IT expert shortage.
The Romanian manufacturing sector faces new shocks from supply chain bottlenecks and higher taxes affecting activity, in the context of already broad-based weakness in demand.
Telcos in Romania can only use technology from companies approved by the government in their 5G networks.
Ex-mayor Gabriela Firea unexpectedly announced her candidacy, while Romania's ruling parties are still discussing who to nominate.
Ukrainian president and Albanian prime minister warn of Russian threat to destabilise the region.
The woes of Liberty Steel's mills also reflect the struggle of former Communist Central and Eastern Europe’s once mighty steel sector to remain competitive.
French president says Russia now presents a greater danger and nothing should be excluded.