EC: Fiscal consolidation to slow Romanian GDP growth
Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
The EC has adopted a comprehensive transport package aimed at accelerating the roll-out of Europe's high-speed rail network and boosting investment in renewable...
Romgaz, Romania's largest gas producer, has filed a direct action with the Court of Justice of the European Union against the European Commission, challenging what it views...
Druid AI has launched ChatEurope, a groundbreaking news platform featuring the first chatbot dedicated to European news.
The European Commission (EC) has concluded that Romania's recapitalisation of the wholly state-owned Exim Banca Românească, amounting to €250 million (RON 1.25 billion)...
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 real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
Almost 60% of companies in Romania plan to expand their use of flexible spaces over the next two years to support hybrid working strategies.
CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.
Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.
Endava, the technology-driven business transformation group, and Paysafe, a payments platform, announced a multi-year strategic partnership to bring payments and community engagement solutions to market faster.