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EU Commission approves €3 bln French scheme to support virus-hit companies

The European Commission on Tuesday approved French plans to set up a €3 billion fund that will provide debt and capital support to companies...

Sources: EC will endorse Romania’s Resilience Plan by September 24

The European Commission will endorse Romania's National Recovery and Resilience Plan (PNRR) by the end of this month, most likely before the visit of...

Romania’s current account deficit increased in the first 7 months to EUR 9 bln

The National Bank of Romania (BNR) announced on Monday that Romania's current account deficit in January-July increased to EUR 9,057bln, compared to the same period...

Pope in Slovakia warns European countries against being self-centred

Pope Francis warned against too much focus on individual rights and culture wars at the expense of the common good on Monday during a...

Hungary plans multi-tranche bond sale to cover EU funding delay

Hungary plans to offer a range of dollar and euro bonds to shore up its budget as it’s facing a potential delay in accessing...

School year 2021-2022 starts in Romania for almost 3 mln students

Almost 3 million students in Romania start the new school year 2021-2022 on Monday but not all return to in-person classes. Schools are open...

EUR still below RON 5 until the end of the year

According to the latest Bloomberg poll, quoted by Profit.ro, the estimate of the single European currency, the euro, would remain in Bucharest below the...

Romanian legislators set up committee to investigate excessive energy prices

The Romanian Parliament passed a draft decision, on Thursday, to set up a parliamentary committee of inquiry to identify the causes of the substantial...

Annual inflation hits 5.3% in August, as political spat hurts RON

Inflation in Romania accelerated to its fastest since 2018 as a political crisis sent the currency to a record low and complicated decision-making for...

139 Afghan citizens arrived in Romania

Minister of Foreign Affairs Bogdan Aurescu announced that 139 Afghan citizens arrived in Romania, from Pakistan, on Thursday, on board of a Tarom plane. "Today,...