In an economic update report, ING Romania said it expects 1.6% economic growth this year under the baseline scenario, however noting that "geopolitical risks cloud the outlook." "With the May elections approaching,
The Romanian government approved on March 6 an Emergency Ordinance allocating an additional RON 1.19 billion (EUR 240 million) for the completion of projects to expand, modernize, and convert natural gas transmission and distribution networks.
The next day Romania expelled Russia’s military attaché and arrested six people for “plotting to take over state power”. Romania’s biggest parties, the centre-left Social Democrats and centre-right National Liberal Party,
Retail sales volume in Romania (chart) increased by 4.1% year on year in January, half the 8.6% y/y advance in 2024 and 9.2% y/y in Q4 2024, according to data published by the statistics office. In seasonally and workday adjusted terms,
Tens of thousands of protesters gathered in Romania’s capital Saturday in the latest anti-government demonstration by far-right groups after a top court canceled a presidential election in the European Union country last year.
Following the annulment of Romania's presidential elections in 2024 amid allegations of Russian interference, there have been a number of demonstrations in support of far-right candidate Calin Georgescu who had won the first round.
Calin Georgescu, the far-right populist who won the first round of Romania’s canceled presidential election last year, appeared at a Bucharest court.
Romanian prosecutors on Friday called for the temporary arrest of a mercenary who stashed illegal weapons and cash at home and 20 other people with links to the far-right frontrunner in last year's canceled presidential election pending an investigation.
Prosecutors said Calin Georgescu, whose win in the first round of a presidential election was annulled, is the subject of “criminal proceedings” linked to incitement.