Romanian lawmakers hit a deadlock in budget negotiations, potentially jeopardizing efforts to narrow a fiscal deficit that’s become the biggest in the European Union.
Romanian lawmakers hit a deadlock in budget negotiations, potentially jeopardizing efforts to narrow a fiscal deficit that’s become the biggest in the European Union.
Romanian Prime Minister Ilie Bolojan faced renewed pressure as the largest party in the ruling coalition blasted his leadership as “unacceptable” days before a critical budget vote.
Romanian Prime Minister Ilie Bolojan faced renewed pressure as the largest party in the ruling coalition blasted his leadership as “unacceptable” days before a critical budget vote.
Romanian inflation slowed as expected but surging global energy prices threaten to reverse the trend and prevent the central bank from easing monetary policy anytime soon.
Romanian inflation slowed as expected but surging global energy prices threaten to reverse the trend and prevent the central bank from easing monetary policy anytime soon.
Romanian inflation slowed as expected but surging global energy prices threaten to reverse the trend and prevent the central bank from easing monetary policy anytime soon.
Romanian inflation slowed as expected but surging global energy prices threaten to reverse the trend and prevent the central bank from easing monetary policy anytime soon.
Eastern European countries are making a renewed push to extend NATO’s network of Cold War-era underground fuel pipelines in case of a military conflict, according to people familiar with the matter.
Eastern European countries are making a renewed push to extend NATO’s network of Cold War-era underground fuel pipelines in case of a military conflict, according to people familiar with the matter.
The NATO Star logo Photographer: Marlene Awaad/Bloomberg
France’s historic move to bolster its atomic arsenal and offer nuclear arms cooperation to European partners has left the continent divided, with capitals eager for a deterrent separate from an erratic US but afraid of irking President Donald Trump.
France’s historic move to bolster its atomic arsenal and offer nuclear arms cooperation to European partners has left the continent divided, with capitals eager for a deterrent separate from an erratic US but afraid of irking President Donald Trump.
Emmanuel Macron delivers a speech next to nuclear-powered ballistic missile submarine "Le Temeraire" on March 2.
Romania tapped international debt markets for the first time this year to capitalize on improved sentiment after the government pushed through reforms needed to reduce the budget deficit.
Romania tapped international debt markets for the first time this year to capitalize on improved sentiment after the government pushed through reforms needed to reduce the budget deficit.
The Romanian Ministry of Finance in Bucharest. Photographer: Ioana Moldovan/Bloomberg
Romania tapped international debt markets for the first time this year to capitalize on improved sentiment after the government pushed through reforms needed to reduce the budget deficit.
Romania tapped international debt markets for the first time this year to capitalize on improved sentiment after the government pushed through reforms needed to reduce the budget deficit.
The Romanian Ministry of Finance in Bucharest. Photographer: Ioana Moldovan/Bloomberg
Romanian Prime Minister Ilie Bolojan scored a victory after a top court backed his government’s bill to overhaul judicial pensions — and vowed to press on with further public sector reforms.
Romanian Prime Minister Ilie Bolojan scored a victory after a top court backed his government’s bill to overhaul judicial pensions — and vowed to press on with further public sector reforms.
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 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.
Alexandru Nazare Photographer: Andrei Pungovschi/Bloomberg
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.
Alexandru Nazare Photographer: Andrei Pungovschi/Bloomberg
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.
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.