Romanians will be limited to withdrawing a quarter of their private pension funds upon retirement and will receive the rest ...

At 9.3 per cent of GDP, Romania’s public deficit was the highest in the EU in 2024, well above the 3 per cent threshold ...

By Iulian Ernst in Bucharest Romania’s central bank is widely expected to keep its key interest rate unchanged at 6.5% ...

Romania’s finance chief said a new government will need to move quickly to fix state finances even after the election of Bucharest Mayor Nicusor Dan as president helped soothe market turmoil ...

Romania will be able to draw roughly 21.6 billion euros ($24.65 billion) worth of EU recovery funds after it concluded ...

Ion Iliescu, Romania’s first freely elected president after Communism, helped bring down the country’s dictatorship and led ...

The EC revised its economic forecast for Romania, predicting a modest GDP growth of just 1.4% in 2025, below the 2.5% projected in its previous autumn outlook. The EC anticipates a slight recovery ...

Ion Iliescu, Romania’s first freely elected president after the fall of communism in 1989, who later faced charges of crimes ...