A new fiscal consolidation package focusing on tax hikes and spending cuts aims to bring the deficit under control ...

The implementation of tax hikes and other measures to lower Romania's deficit, the EU's largest, depends on the stability of ...

Romania’s government survived a no-confidence motion on Monday, clearing the way for a sweeping austerity plan aimed at ...

Romania will face some of the most severe economic consequences of heatwaves in Europe, with projected losses expected to exceed -2.5% of GDP by 2055–2064 due to lowered labor productivity, according ...

Romania allocated just 12.8% of its GDP to social protection spending in 2023, the lowest proportion among European Union member states, according to data published by the Social Monitor, a project of ...

Buying the system will account for almost 30 percent of Romania's defense budget, with future purchases to include ...

BRUSSELS — The European Commission has backed drastic measures announced by the new Romanian government to bring down its ...

Romania is taking a major step in strengthening its national security. The country will become the first in Europe to buy Israel’s powerful Iron Dome air defense system. Romanian Defense Minister ...

At a time when Europe is going through perhaps the most tense geopolitical phase in recent decades, we are witnessing a ...

Brussels opened accession negotiations with Moldova for EU membership last year after granting official candidate status in ...

The European Union’s top officials have traveled to Moldova for a historic bilateral summit to strengthen ties and reaffirm ...