Romania must present a credible plan to lower the EU's highest budget deficit by the end of June, President Nicusor Dan said ...

The European Union is likely to offer the Romanian government a reprieve to introduce measures aimed at paring its ballooning ...

The European Commission is expected to grant Romania additional time to present and implement a fiscal corrective package ...

Plans to cut state spending in Romania once a new government is appointed are unlikely to avert the need for tax hikes to ...

Romania’s economy is expected to expand by 1.5% in 2025 and by 2.4% next year, the Organisation for Economic Co-operation and ...

As Romania grapples with sluggish growth, widening twin deficits and still-present political uncertainties, decisive fiscal ...

A realistic deadline for forming the new government is two weeks from now, Romania's president Nicușor Dan said, speaking at ...

Romania's consolidated budget was in deficit amounting to 55.97 billion lei ($12.551 billion/11.072 billion euro) in the ...

By Iulian Ernst in Bucharest A realistic deadline for forming Romania’s new government is two weeks from now, President ...

Calin Georgescu, a candidate with a nationalistic bent, has announced his withdrawal from public life. Running as an ...

By Karol Badohal, Karin Strohecker and Gergely Szakacs WARSAW/LONDON (Reuters) - Poland's path to narrowing its fiscal ...

One of the results of the stark change in mood is that the new chancellor of Germany, Friedrich Merz, recently declared his ...