EU finance ministers approved Romania's deficit-cutting plan on Tuesday to bring its fiscal deficit below 3% of national output by 2030, a move Bucharest hopes will help reassure investors about its economic outlook and tame surging bond yields.

Encouraged by his position as the coalition’s power broker, UDMR leader Kelemen Hunor (leader of the Democratic Alliance of Hungarians in Romania) has

By Iulian Ernst in Bucharest Romania's Budgetary-Structural Plan was approved by the EU's Economic and Financial Affairs Council (ECOFIN) on January 21, alongside similar plans for 20 other EU member states,

Romania's budgetary-structural plan was approved by the ECOFIN Council on January 21, alongside similar plans for 20 other EU member states, minister of investments and European projects Marcel Boloș announced on Facebook.

Romania's largest natural gas producer, Romgaz, has awarded a EUR 226,000 consulting contract to Schlumberger, the world's largest onshore and offshore drilling services company, to assist in repurposing its depleted gas fields into carbon dioxide (CO2) storage facilities,

We look at India and Romania's economic ties that are advancing in areas such as trade, defense, agriculture, space exploration, and energy.

In this article, we explore the China-Romania trade and investment interactions and examine the future prospects.

In January, gas supplies via the European route of the Turkish Stream reached an average daily record. The Balkans and Romania needed Russian gas. If Serbia and Bulgaria were temporarily left without supplies from Azerbaijan,

E.ON Energie Romania is one of the European Union member's biggest gas and electricity providers, serving around 3.4 million customers. MVM Group is the main energy supplier in Hungary, a 100% state-owned company, ranking as the sixth in Central Europe and it wants to acquire the Romanian firm's gas and electricity supply division.

Scatec has entered a 15-year contract-for-difference (CfD) agreement with Opcom, the Romanian electricity market operator.

EU finance ministers on Tuesday formally approved France's multi-annual budget plan, despite its scaled-back ambitions to rein in the country's ballooning budget deficit this year.

Seed costs have doubled in recent years while agricultural labour has become more expensive and harder to find. View on euronews