The Bucharest Court has, on Friday, admitted the request by the National Anticorruption Directorate (DNA) of 30-day preventive arrest for the suspended mayor of Iasi, Gheorghe Nichita, charged with bribery. In the same case, the court has decided that businessman Tiberiu Urdareanu will be placed in house arrest. The decision is not final, yet it […]
After being granted permission to leave Romania, Andrew and Tristan Tate, who are being investigated on several charges related to human trafficking and other offenses, also had some of their assets restituted. A Romanian court ruled in favor of an appeal by the Tates to lift precautionary seizure on multiple assets, including several properties, vehicles, and […]
Romania's interim president Ilie Bolojan will travel to London on Sunday, March 2, for a summit of European leaders on the topic of European defense, also attended by Ukrainian president Volodymyr Zelenskiy, according to Digi24. The meeting will bring together...
Romanian prosecutors are reportedly investigating a 'troll farm' using Turkish IPs and accounts based on Russian email accounts, which helped increase awareness of the former far-right presidential candidate Călin Georgescu ahead of last year's elections,
The coupons attached by the Romanian Treasury to the bonds on sale under the second issue of the Fidelis scheme (bonds listed at the Bucharest Exchange) were cut for both local currency and euro-denominated papers. This comes after the record demand registered in the first issue this year in February when the Treasury raised over […]
Romania's general government budget deficit increased by nearly 40% y/y to over RON 11 billion (EUR 2.2 billion) in January 2025, according to data published by the Ministry of Finance. The gap in the first month of 2025 thus measures 0.58% of the GDP projected for the full year, up from 0.45% in January 2024. […]
Romania's economy is expected to rebound at a slower rate than previously expected at around 1.8% this year (down from 2.6% y/y projected in September), given the pressure to cut government deficits in an increasingly challenging domestic and external economic environment, according to the Regional Economic Prospects 2025 report issued by the European Bank for Reconstruction […]
