A majority of Romanians support reducing public expenditures as a way to curb the national budget deficit, according to a new ...

Finland has avoided the EU’s excessive deficit procedure despite breaching budgetary limits. The European Commission accepted ...

A third of European Union countries with roughly half of the bloc’s population between them are now in violation of its ...

The European Commission stepped up on Wednesday the EU's disciplinary action against Romania over the country's large budget ...

Romania must present a credible plan to lower the EU's highest budget deficit by the end of June, President Nicusor Dan said ...

Much like the EU's 17th package that was adopted on May 20, the new measures include blacklisting more individuals and ...

The European Union is likely to offer the Romanian government a reprieve to introduce measures aimed at paring its ballooning ...

By Iulian Ernst in Bucharest A realistic deadline for forming Romania’s new government is two weeks from now, President ...

A realistic deadline for forming the new government is two weeks from now, Romania's president Nicușor Dan said, speaking at ...

As Romania grapples with sluggish growth, widening twin deficits and still-present political uncertainties, decisive fiscal ...