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Romania’s central bank kept interest rates unchanged as the country braces for an inflation surge from a series of tax hikes designed to curb the budget deficit.
By Iulian Ernst in Bucharest Romania’s central bank is widely expected to keep its key interest rate unchanged at 6.5% ...
The casket carrying the body of Ion Iliescu, Romania’s first elected president after the bloody fall of communism in 1989, ...
In 2024, Romania recorded the worst budget deficit in the European Union at 9.3% of GDP, which is 3 times the deficit the EU ...
For a long time, the deportation and murder of Roma and Sinti was not spoken about openly in Romania. Among other things, the ...
Romania will be able to draw roughly 21.6 billion euros ($24.65 billion) worth of EU recovery funds after it concluded ...
Germany’s 2024 budget deficit is projected at 3.3% of GDP, above the EU’s 3% cap. The EU is unlikely to launch a penalty process due to the exception for defence spending. New fiscal rules allow ...
Poland’s Prime Minister Donald Tusk warned against the consequences of the country’s increased public debt and deficit as defense remains the country’s top spending priority.
Emma Raducanu made her first semifinal of the year but it came all but an easy way after the British tennis star came from a break down in each set to beat Maria Sakkari 6-4 7-5 in the Washington ...
Ballooning expenditure has pushed the country’s fiscal deficit from an average of three percent of the gross domestic product (GDP) over 2010/19 to around 10 percent of GDP over the past four years, ...
DEVILS LAKE — After a three-run homer by West Fargo’s Toby Retterath, Fargo Post 2 trailed West Fargo 10-1 in Saturday’s elimination game. The Jets’ summer was on the precipice. The mood in the dugout ...