Romania
Support for far-right parties surges ahead of Romanian general election
Poll indicates far-right to take up to 30% of parliament seats after shock presidential election lead for Calin Georgescu.
Romania’s Constitutional Court asks for presidential election recount
First round presidential election vote recount could lead to USR candidate Elena Lasconi losing her place in the runoff against far-right, pro-Russian Calin Georgescu.
CENUSA: The “Georgescu phenomenon” in Romania
Parallels drawn with Putin, Trump and Orban after Calin Georgescu’s surprise first round presidential election lead.
Romania urges European Commission to take steps against TikTok after far-right candidate took shock presidential election lead
Calin Georgescu's unexpected lead is partly attributed to his successful campaigns on TikTok and other social networks.
EBRD warns of risks for emerging markets pursuing industrial policies
Industrial policy is back "with a vengeance” but can have a distorting effect, EBRD chief economist Beata Javorcik told bne IntelliNews
Pro-Russian candidate Georgescu to face USR leader Lasconi in Romanian presidential election runoff
Mainstream politicians are expected to unite behind Elena Lasconi to keep far right independent candidate Calin Georgescu out of the presidency.
Lax rules agreed at COP29 for global carbon trading market
After failed talks in Azerbaijan at COP29, members did agree, however, to a carbon credit trading market. But it has such broad rules, the system may mean little improvement in emissions – or even higher emissions by buyers.
PROFILE: Calin Georgescu, Romanian far-right presidential candidate
Shock first round lead for rank outsider reflects voters' deep dissatisfaction with the country’s mainstream parties.
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Obscure far-right candidate Georgescu takes shock lead in Romanian presidential election first round
Far-right, pro-Russian Calin Georgescu beat established candidates after successful TikTok campaign.
INTERVIEW: Fintech in a volatile world
iBanFirst’s regional director for Southeast Europe Johan Gabriels discusses the rise of the fintech sector in the region.
Austria agrees to lift veto on full Schengen accession for Bulgaria and Romania
Austria has pledged to lift its veto at the EU Council meeting in December, giving Bulgaria and Romania full membership of the border-free zone.
Romania's ruling coalition poised for election wins with hybrid strategy
PM Marcel Ciolacu is expected to take the presidency, while his PSD’s grand coalition with the PNL is set to secure another term in the general election.
COMMENT: The EU’s Internal Security Framework is unfit for Cold War 2.0
Not only has Trump's re-election undermined the EU’s reliance on American security structures, but it is also facing unprecedented strain in the form of hybrid attacks from rogue states.
Nationalist Simion, reformist Lasconi compete for a spot in Romanian presidential runoff
Prime Minister Marcel Ciolacu is the clear frontrunner in Romania’s presidential race, but the competition for second place remains open.
Alibaba's Trendyol opens regional logistics hub in Romania
Trendyol entered the Romanian market earlier this year to strengthen its position in Southeast Europe’s burgeoning e-commerce market.
Romgaz lists €500mn bond on Bucharest Stock Exchange
Bond issue is part of Romgaz’s strategy to raise €1.5bn for projects including the Neptun Deep offshore gas field.
Finland’s Terveystalo reportedly eyeing €1bn acquisition of Romania’s Regina Maria
Romania's private healthcare market has garnered increasing attention from international investors.
Candidate quits Romanian presidential race in last minute attempt to unify centre-right
Ludovic Orban’s decision to step aside likely too late to prevent division of centre-right vote among multiple candidates, benefitting far-right politician George Simion.
Central European countries least likely in the EU to prioritise climate change
Stark contrast with Southern Europe, where around half of respondents from Bulgaria, Romania and other countries fear they will have to relocate to escape climate crisis, EIB survey shows.
Romania’s GDP grows by just 0.9% y/y in January-September
Agriculture, industry and construction were among the long list of sectors whose poor performance dragged growth down.