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.

By Iulian Ernst in Bucharest Romania’s mergers and acquisitions (M&A) market (chart) recorded a total value of $6.6bn in 2024, reflecting a 5.9% year-on-year decline compared to the $7.1bn recorded in 2023,

Scientists uncovered evidence of the oldest hominin presence in Europe in modern-day Romania nearly two million years ago.

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,

Tens of thousands protested in Romania’s capital against a top court’s decision last month to annul the presidential election after an outsider candidate unexpectedly emerged as the frontrunner.

The Romanian Ministry of Energy has announced a new round of funding from the Modernization Fund dedicated to battery energy storage systems.

Over 700 army vehicles have been loaded onto cargo ships ready to sail to Romania for a Nato exercise. The armoured vehicles, fuel tankers and forklift trucks were loaded up at Marchwood, near Southampton in Hampshire to be transported for Exercise Steadfast Dart 25.

Romania's energy ministry said on Wednesday it has notified a government agency that reviews foreign investment about potential national security risks stemming from a planned sale of E.ON's local energy provider to Hungary's MVM.

Europe's top rights court on Tuesday rejected Romanian far-right candidate Calin Georgescu's appeal against the annulment of the country's 2024 presidential election after he won the first round amid claims of Russian interference.

Norwegian independent power producer (IPP) Scatec has signed a 15-year Contract for Difference (CfD) in Romania for a solar PV portfolio. Signed with the electricity market operator, Opcom, the CfD will cover nearly 70% of the production of a 190MW solar PV portfolio. The remaining capacity will be sold in the Romanian wholesale electricity market.

MONTREAL — Canada will face Romania and Japan in its qualifying group for the 2025 Billie Jean King Cup international women's tennis tournament. The qualifying draw was held Thursday in London.

The United States on Friday announced it was admitting Romania into its visa waiver program, allowing visa-free travel by Romanian citizens for up to 90 days starting around March 31. The U.S. Department of Homeland Security and the Department of State said in a statement Romania had met the stringent security requirements to join the program,