The implementation of tax hikes and other measures to lower Romania's deficit, the EU's largest, depends on the stability of ...

Romanian defense minister Ionuț Moșteanu announced on Wednesday, July 16, that the government is planning to expand the ...

Romania’s new fiscal consolidation package is likely to reduce the country’s twin deficits over the next two years, but at the cost of significantly slower economic growth (chart), analysts at ING ...

Dubai-owned ports and logistics company DP World has cut shipping times between Romania and Turkey by half, a senior executive said, as it expands its Black Sea operations at the European Union's ...

Former tourism minister Elena Udrea is to be released on parole from Târgșor Prison on Thursday, July 17, following a final ...

Romania’s government survived a no-confidence motion on Monday, clearing the way for a sweeping austerity plan aimed at ...

A new fiscal consolidation package focusing on tax hikes and spending cuts aims to bring the deficit under control ...

Buying the system will account for almost 30 percent of Romania's defense budget, with future purchases to include ...

The Trump Organization plans to expand to Romania, as President Donald Trump’s family deepens its ties in the Balkans and ...

By Iulian Ernst in Bucharest Romania’s annual inflation rate (chart) accelerated to 5.66% in June, up from 5.44% in May, ...

Israel guard Omer Mayer made a big impact in a short amount of time in Wednesday's Round of 16 game against Romania, helping lead his team to a 119-68 win.

Western president has nominated center-right former mayor to be prime minister. The European Union and NATO member state is seeking to usher in a new government to end a protracted political crisis ...