Romania: Law enforcement personnel protesting in Constanta and Bucharest, Jan. 14; major demonstration in Bucharest ...

An elevated risk of wildfires is forecast to persist in areas of southern California around the ongoing LA County wildfires through at least Jan. 16. Widespread sustained winds of 32-64 kph (20-40 mph) with gusts up to 80 kph (50 mph) are likely across the …

Raytheon awarded $946 million contract to provide Patriot air defense systems to Romania

Romania lifts house arrest of influencer Andrew Tate

Tate has been under house arrest since August when prosecutors started a second criminal investigation against him, his brother Tristan and four other suspects. They face accusations of forming an organised criminal group, human trafficking, trafficking of …

Crossing Borders: Bulgaria's Full Schengen Membership Transforms Travel to Greece and Romania

With Bulgaria's full integration into the Schengen Area, citizens now have the ability to travel freely to neighboring Greece and Romania, bypassing traditional border crossings. This change opens up new possibilities for tourism and business, …

Romania plans FX bond issue at end-January

Romania's financing needs will decrease to RON 231 billion (EUR 46 billion) this year from RON 251 billion in 2024, in line with the 7%-of-GDP cash public deficit (8.6% of GDP in 2024), according to Romanian finance minister Barna Tanczos speaking for …

Net FDI to Romania shrinks to 1.7% of GDP in 12 months to November

The net foreign direct investments (FDI) to Romania contracted in absolute terms by 7% y/y to under EUR 6 billion in 12 months to November 2024, while the FDI to GDP ratio dropped to 1.7% from 2.2% in the previous 12-month period, according to data …

Romania’s CA gap widens by 28% y/y to 7.9% of GDP in 12 months to November

Romania’s current account (CA) deficit widened by 28% y/y to EUR 28 billion in 12 months to November 2024, amid the broad deterioration of the trade with goods and services and larger interest on external debt, according to data published by the …

ING expects Romania's central bank to keep policy rate steady amid persistent inflationary risks

ING Bank estimates that the National Bank of Romania (BNR) will maintain the key interest rate at 6.50% at the meeting on January 15 due to persistent inflationary risks, according to a bank's research note. The position tends to reflect consensus …

Expert warns far-right may win Romania's presidential elections unless traditional parties find common grounds

The Romanian far-right electorate accounts for less than 40%, but two of its candidates may make it to the second round of the presidential elections if the "traditional parties" fail to provide a coherent alternative – the rector of the …

Romania’s Social Democrats to test public support for coalition candidate

BUCHAREST - Romania's ruling coalition is working on a strategy to defeat pro-Russian independent candidate Călin Georgescu, the unexpected winner of the first round of last year's presidential election, which was annulled by the Constitutional …