Romania faces EU scrutiny over spiraling budget deficit
Romania finds itself under scrutiny regarding its fiscal position and ongoing macroeconomic imbalances in the European Commission's 2025 European Semester Spring Package.
Romania finds itself under scrutiny regarding its fiscal position and ongoing macroeconomic imbalances in the European Commission's 2025 European Semester Spring Package.
The European Commission has issued a reasoned opinion to Romania, urging the country to remove restrictions on gas producers' ability to determine wholesale prices.
President Donald Trump announced new import tariffs on all goods entering the US effective as of April 2, hitting equities, long term yields and CEE-based currencies. In response to these global tariffs, growth forecasts for 2025 and 2026 are being revised in the CEE, according to a report by Erste Group.
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
The European Commission (EC) has determined that Romania's €200 million (RON 1 billion) recapitalisation of CEC Bank.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.