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Austria rejects Romania’s Schengen timeline demand

Austrian Interior Minister Gerhard Karner said during a meeting with Romanian counterpart Lucian Bode on Wednesday that he cannot offer an exact date for...

European Commission to ban Ukrainian grain exports to Romania

The European Commission will ban Ukrainian grain and oilseeds exports to Romania until June 5, Romanian Agriculture Minister Petre Daea said on Wednesday, according...

China’s Xi calls Zelenskyy, in first contact since Putin launched war on Ukraine

Chinese leader Xi Jinping appealed for negotiations between Russia and Ukraine in a phone call on Wednesday with Ukrainian President Volodymyr Zelenskyy, warning “there...

EU opens joint gas buying with eye to winter energy security

The European Union launched a scheme on Tuesday for European companies to place orders to jointly buy gas, with the aim of ensuring Europe...

Big Tech crackdown looms as EU, UK advance new rules

TikTok, Twitter, Facebook, Google, and Amazon are facing rising pressure from European authorities as London and Brussels advanced new rules on Tuesday to curb...

Romania could only get €1.9 bln from National Recovery Plan in 2023

Romania will only be able to access €1.9 billion from the National Resilience and Recovery Plan grants due to a range of issues and...

EU lawmakers back human rights, environmental checks for big companies

European Union lawmakers on Tuesday backed rules requiring thousands of large companies to identify and mitigate human rights abuses like child labour or slavery,...

Central banks signal end of bank turmoil with cut in dollar funding line

The world's top central banks are cutting the frequency of their dollar liquidity operations with the U.S. Federal Reserve from May, sending the clearest...

Turkey arrests 110 people over alleged PKK links ahead of elections

Police in Turkey carried out raids on homes in 21 provinces on Tuesday, detaining some 110 people for alleged links to Kurdish militants, the...

OMV Petrom investing 81 mln euro in Petrobrazi refinery turnaround

Romania's top oil and gas group OMV Petrom said on Monday that it has started the general turnaround of its Petrobrazi refinery, in which...