The general government budget deficit under cash terms reached 3.4% of GDP in the first five months of the year, according to ...

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 ...

Romania’s exports in goods contracted by 5.2% y/y to EUR 7.87 billion in April, while the imports edged up by 0.4% y/y to EUR ...

Romanian President Nicusor Dan is prepared to nominate a prime minister this week if pro-European parties can agree on ...

By bne IntelliNews Romania’s trade deficit (chart) reached €35.7bn in the 12 months to April, equivalent to 10% of GDP, ...

The European Commission (EC) said on Wednesday that Romania failed to take effective action to curb its budget deficit within ...

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

With coalition talks stalled, Romania has yet to settle on a PM or deficit plan, risking billions in EU funds ahead of a key deadline.

Romania should increase excise duties and standard VAT rate, eliminate reduced VAT rates and adopt a system of progressive ...