Romania is poised to keep one of the highest interest rates in the European Union as the fight against elevated inflation takes precedence over easing the strain on the recession-hit economy.

Romania is poised to keep one of the highest interest rates in the European Union as the fight against elevated inflation takes precedence over easing the strain on the recession-hit economy.

Romania’s finance chief said winning back investor confidence by trimming the nation’s outsized budget deficit should amount to a “national project” as the government struggles to wrest control over fiscal policy.

Romania’s finance chief said winning back investor confidence by trimming the nation’s outsized budget deficit should amount to a “national project” as the government struggles to wrest control over fiscal policy.

Romanian government bonds are likely to extend their advance this year as the country works to reduce the budget deficit and inflation is expected to move closer to target, according to economists at Citigroup Inc. and ING Groep NV.

Romanian government bonds are likely to extend their advance this year as the country works to reduce the budget deficit and inflation is expected to move closer to target, according to economists at Citigroup Inc. and ING Groep NV.

Romania’s central bank maintained one of the highest interest rates in the European Union as policymakers wait for inflation to slow from around 10% before they start discussions about lowering borrowing costs.

Romania’s central bank maintained one of the highest interest rates in the European Union as policymakers wait for inflation to slow from around 10% before they start discussions about lowering borrowing costs.

Romania’s policymakers will likely maintain one of the highest interest rates in the European Union to tame inflation that’s running near 10% and expected to slow only gradually in the coming months.

Moldova’s central bank governor said the country is preparing for a big international lender to enter its banking system following reforms to the sector, which was rocked by a scandal that left the nation on the verge of bankruptcy a decade ago.

Moldova’s central bank governor said the country is preparing for a big international lender to enter its banking system following reforms to the sector, which was rocked by a scandal that left the nation on the verge of bankruptcy a decade ago.

Bulgaria’s euro adoption is fueling the world’s best stock rally in early 2026 with investors confident that joining the currency bloc will lead the economy to deeper European integration.

Bulgaria’s euro adoption is fueling the world’s best stock rally in early 2026 with investors confident that joining the currency bloc will lead the economy to deeper European integration.

Romanian inflation remained at nearly three times the upper band of the central bank’s target range after government action to curb the budget deficit helped fuel price growth.

Estonia’s finance minister called on European governments to pull out all the stops to fund Ukraine despite budgetary challenges faced by some countries.

Romania’s pro-European government survived another attempt by the far-right opposition to topple it in a vote of no confidence, leaving the fractious coalition in power as resistance to unpopular austerity measures grows.

The European Union’s top prosecutor joined calls for Romania to clean up its judiciary after a report over suspected corrupt rulings favoring the ruling elite, adding another potentially divisive issue to the agenda of the country’s fractious coalition government.

Romanian inflation stagnated last month as a raft of tax hikes and austerity measures to narrow a budget deficit that’s become the widest in the European Union continues to impact prices.

The candidate of Romania’s Liberal party won the mayoral race for Bucharest, strengthening the position of Prime Minister Ilie Bolojan inside the ruling coalition as he pushes through a package of austerity measures to trim the European Union’s widest budget deficit.

The worst-case scenario is now a possible one: European troops fighting off an invasion largely alone