The German MEP, Manfred Weber (CSU – Christlich Soziale Union) was re-elected on Wednesday as chairman of the EPP Group in the European Parliament with a crushing majority, according to the group site. Re-elected for the fourth time, Weber chairs the largest political group in the European Parliament since 2014. At the same time, the EPP Group has renewed the whole leadership team which includes ten vice-chaimen, also elected on Wednesday. Among those there is Siegfried Muresan (PNL) who was re-elected.The other nine Vice-Presidents are François-Xavier Bellamy (France, Les Républicains), Andrzej Halicki (Poland, Platforma Obywatelska), Jeroen Lenaers (Netherlands, Christen Democratisch Appel), Dolors Montserrat (Spain, Partido Popular), Lidia Pereira (Portugal, Partido Social Democrata), Massimiliano Salini (Italy, Forza Italia), Tomas Tobe (Sweden, Moderaterna)Romana Tomc (Slovenia, Slovenska demokratska stranka), Zeljana Zovko (Croatia, Hrvatska demokratska zajednica). Following the European Parliament elections on 9 June, the EPP Group remains the largest political group in the European Parliament with 190 MEPs. The group has 11 MEPs from Romania out of a total of 33 who represent the country in the EU legislature.
The ruling coalition will no longer negotiate with the Superior Council of Magistracy (CSM) and the High Court (ICCJ) on the magistrates’ pensions law but instead will come up with a revised version of the bill by November 18, inviting magistrates’ associations to demonstrate their loyalty by issuing the necessary consultative opinion timely, such to […]
Along with the American investment fund Carlyle, which is said to want Lukoil's assets under a global deal and is already active in Romania through the Black Sea Oil and Gas company as the third largest gas producer in Romania (10%), there are at least two other companies interested, according to Romanian minister of energy […]
Subscriptions under the November 2025 issue under the Fidelis government bond scheme were the weakest in the last six months, signalling a moderation in investor appetite for this form of savings. The state raised only RON 1.3 billion (EUR 260 million), of which approximately two-thirds came from tranches denominated in euros,
The International Monetary Fund (IMF), under its annual Article IV Consultations with Romania, said that the country’s general government budget deficit may drop to 5.8% of GDP in 2026 and suggested further steps for further fiscal consolidation. The Fund’s proposed plan focuses on personal income taxation, which would generate 0.9% of GDP higher revenues by […]
Romania’s current account (CA) deficit widened by 7.5% y/y to EUR 8.8 billion in Q3, despite a slight improvement in the balance of trade in goods (the country’s main source of external deficit), according to data published by the National Bank (BNR). The deficit of the trade in goods contracted by 7.8% y/y (by EUR […]
National Bank of Romania (BNR) governor Mugur Isărescu, on November 14, while unveiling the Inflation Report, argued that the Romanian economy will most likely not record two consecutive quarters of negative growth, which would mean entering a recession, but even in such a scenario, the evolution for the entire year will be positive, of approximately […]
