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

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

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

Romania, Poland, Hungary, Slovakia and Bulgaria opposed the proposal to revise the trade agreement between the European Union ...

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

Romania is set to present a fiscal package of tax hikes and wage freezes in the public sector to scale back the budget deficit to below 6% of economic output next year, people familiar with the matter ...

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 ...

BUCHAREST, Romania — More than 12 years after joining the European Union, Romanians are getting increasingly grumpy. Romania pulled off a successful six-month presidency of the European Union ...

BUCHAREST, Romania (AP) — The pro-European Union candidate in Romania’s tense presidential runoff has taken a lead in the polls, preliminary electoral data shows, in a closely-watched vote ...

Romania’s medical system is under-resourced; the country spends 5.8 per cent of its gross domestic product (GDP) on healthcare, roughly half of the EU level. It’s also still grappling with a ...