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 ...

An "optimistic, realistic" budget deficit target for Romania in 2025 is 7.5% of economic output, President-elect Nicusor Dan ...

The general government budget deficit in Romania contracted by 2.3% y/y to RON 56.0 billion (EUR 11.1 billion, cash terms) in ...

Romania’s central bank injected the highest amount of liquidity to the domestic market in almost seven years as it sought to ...

Romania’s newly elected president Nicusor Dan has been officially sworn in, ushering in a tentative close to the worst ...

Romania seemed poised to join the club of countries that are driving a populist wedge into the European Union.

"But addressing the widening fiscal deficit, the weak absorption of EU funds and a backlog of reforms remain stark challenges for the authorities." Although Romania's ratio of government revenue ...

"Nicusor Dan's victory in Romania's presidential election eases political tensions and supports EU alignment," said Brian Marly, a senior analyst with ratings agency Scope. "But addressing the ...

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