As of August the 5th, the National Bank of Romania has lowered the key interest rate from 3.50 to 3.25% per year. The inflation forecast for the year has also been improved, from 3.3 to 2.2%.
Romania has set forth its proposal for the portfolio it's going to hold in the future European Commission, against the background of difficult decision making regarding the structure of the future Commission.
The Government in Bucharest has green lighted the first budget rectification of 2014.
Several counties in southern and southwestern Romania were seriously hit by flooding in the past few days. Heavy downpours and storms caused significant damage and authorities are now trying to keep things under control.
Romanians in the southern regions of the country have these days been under code orange and yellow warnings for torrential rain, storm and flooding.
In west Ukraine ethnic Romanians blocked several roads to protest a new partial military mobilization.
As expected, Romania’s Social Democrat prime minister has made public his intention to run for president in the November elections, saying he will...
The latest developments on the Romanian political scene ahead of the presidential elections in November
Romania has reiterated its commitment to supporting the Republic of Moldova at European level in order to help it face the economic sanctions imposed by the Russian Federation.
Lowering employers' contribution to the Social Security Fund is supported by everybody in Romania, but evidence is needed to prove the measure is sustainable.
A hybrid war -- this is how President Traian Basescu has described the conflict in eastern Ukraine, not far from the border with Romania. The...
Romanian President Traian Basescu calls on EU to impose harsher sanctions on Russia.
The string of violence in Israel and the Gaza Strip has prompted the Romanian authorities to take action
The European Union and the United States have adopted new sanctions against Russia
Former Luxembourg Prime Minister Jean Claude Juncker has been confirmed as the next president of the Eruopean Commission.
