ROMANIA

EU approves Romania’s deficit reduction plan

The European Union's finance ministers have welcomed and approved Romania's move to reduce its fiscal deficit below 3% of national output by 2030. Authorities...

Hungarian offer for Romanian energy provider bid under review over Russia concerns

A Hungarian company's bid to acquire a key energy provider in Romania is under review due to concerns about the motivations behind the inflated...

DRI and OMV Petrom sign the largest-ever physical solar offtake agreement in Romania

DRI, the EU renewables division of the Ukrainian energy company DTEK, has signed the most significant physical solar power purchase agreement (PPA) in Romania...

The pro-European coalition in Romania proceeds without Elena Lasconi’s party

Romanian democratic parties are attempting to create a "cordon sanitaire" around far-right parties, which have gained popularity among voters in recent presidential and parliamentary...

Commission opens formal proceedings against TikTok on foreign interference acts

The Commission has formally initiated proceedings against TikTok for a suspected breach of the Digital Services Act (DSA) regarding election integrity, particularly in relation...

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