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EU Commission revises up 2022 eurozone GDP forecast, lowers 2023 growth outlook

The eurozone economy will grow more than previously expected in 2022 and decelerate more than previously thought in 2023, the European Commission forecast showed...

Romania’s consumer price inflation slows to 15.32% in October

Romania's consumer prices dropped to 15.32% in October, compared to 15.88% in September, the national statistical office (INS), said on Friday, according to See...

EU Commission pledges €250mln to Republic of Moldova to tackle energy crisis

European Commission President Ursula von der Leyen paid an official visit to Republic of Moldova on Thursday, where she announced a €250mln support package...

European Parliament votes to support Croatia’s Schengen entry

The European Parliament voted on Thursday to support Croatia’s entry into the European Union’s visa-free Schengen area in January, a move that will boost the...

UK signs Swiss science deal after both countries ‘blocked’ from EU scheme

The UK and Switzerland are striking a deal on science collaboration as both countries continue to be blocked from a major EU scheme as...

Russia orders retreat from Kherson in major setback; Ukraine still wary

Moscow ordered troops to withdraw from near the strategic southern Ukrainian city of Kherson in one of its biggest setbacks of the war so...

Hungary denies tying NATO expansion to EU spat but still delays

Hungary denied it’s holding up the NATO entry bids of Finland and Sweden as part of its fight over billions of euros in European...

US EXIM Bank declares interest in helping to fund Romania’s nuclear plant

The United States Export-Import Bank (EXIM) announced on Wednesday at the COP27 climate conference in Egypt, its interest in providing financial support for a...

Macron seeks to allay concerns over France’s nuclear arms policy

President Emmanuel Macron will attempt to assure allies that France hasn’t changed its nuclear strategy when he presents the country’s new military goals in...

Romania’s central bank hikes key rate to 6.75%

Romania’s central bank (BNR) hiked the refinancing by 50bp to 6.75% at the board meeting on Tuesday, the latest monetary policy decision this year,...