Romania
Russia spent €69mn on propaganda and interference in Bulgaria and Romania, Bulgarian cybersecurity group reveals
Funds were used to spread Russian influence and promote far-right discourse in both Bulgaria and Romania.
EU admits Bulgaria, Romania to full Schengen membership
Southeast European countries welcome membership of border-free area after years of vetoes by Schengen members.
BCR’s venture capital company invests in SaaS platform FieldOS
BCR Seed Starter investment to help FieldOS finance product development, accelerate growth in the local market and expand its operations in North America.
Bucharest Stock Exchange mulls expansion in Moldova
Moldova's Purcari Winery is already listed on the BVB while other major Moldovan companies are considering IPOs.
Romania’s trade deficit reaches new record in October
Imports soared by 8.6% y/y an all-time high of €12.2bn, while exports advanced by only 0.5%.
Four Romanian parties begin talks on joint ruling platform
Four pro-EU parties likely to form an expanded version of the grand coalition that ruled Romania ahead of the December general election.
Poland's PragmaGO acquires Romanian digital factoring company Telecredit
Telecredit’s operations to be significantly expanded after takeover by private equity-backed PragmaGO.
Romania’s GDP grows by just 0.8% y/y in 9M24
Private consumption remained the main growth driver in the third quarter of 2024.
COMMENT: European countries plan hydrogen import infrastructure to achieve climate goals
Talks between Greece's DESFA and several Southeast and Central European countries aim to establish a new hydrogen corridor to Germany.
Romania’s Constitutional Court scraps presidential elections
Election to be re-run after far-right, pro-Russia candidate Calin Georgescu found to have won the first round with alleged support from “state and non-state entities”.
Romania to hold presidential election runoff with pro-Russian candidate Georgescu under investigation
Probes launched after far-right politician Calin Georgescu took shock lead in presidential election first round.
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Romanian authorities reveal over €50mn funding for pro-Russian presidential candidate Georgescu
Reports published by Romania’s presidency reveal huge scale of financing for Calin Georgescu, supporting his successful TikTok campaign.
Emerging Europe winemakers sparkle as global wine production declines
Global production is set to fall 2% this year, but countries in Emerging Europe including Georgia, Hungary and Russia are bucking the trend, says the OIV.
Political uncertainty hits Romanian listed companies
The Bucharest Stock Exchange's blue-chip BET index fell 2.35% on December 3 as investors wait to see if far-right pro-Russian politician Calin Georgescu will win next weekend's presidential election.
UN plastic pollution talks collapse as volume of waste escalates
The failure of recent global talks in Busan, South Korea, to produce a landmark treaty to combat plastic pollution, has underscored the complexities and challenges of addressing one of the planet’s most pressing environmental and climate issues.
The world has passed peak per capital CO₂ emissions, but overall emissions are still rising
The world has passed peak per capital CO₂ emissions, Our World in Data reported on December 3. However, emissions overall continue to rise.
Investigation shows Russian money channeled to Romanian media and conspiracy theorists
Snoop investigation finds Kremlin-linked digital advertising firm AdNow channelled at least €2mn to Romanian media and influencers promoting conspiracy theories and far-right content.
Gas prices rising as EU storage tanks empty faster than usual
Gas withdrawals from EU underground storage tanks have accelerated as Europe suffers from the first cold snap of winter. Gas tanks were 85.5% full as of December 1, having peaked at 95.3% full on October 29, according to Gas Infrastructure Europe.
Social Democrats win Romania's general election but radical rightwing parties perform strongly
A broader version of the existing PSD-PNL “grand coalition” is the most likely outcome — unless far right candidate Calin Georgescu manages a presidential election win.
Romania’s public debt reaches 54.4% of GDP
Debt increased by €6bn in September alone, driven by a €5bn international bond issuance.