Romania tapped international debt markets for the first time after the country approved a new government to overcome more than five months of political turmoil.

A Ukrainian-crewed vessel sank near Romanian territorial waters after a drone strike, killing one, in the latest such attack in the Black Sea for which President Nicusor Dan has blamed Russia.

Russia looks more inclined to intensify its war in Ukraine rather than end it, Romanian President Nicusor Dan said, pointing to the rising number of provocations by the Kremlin inside the European Union.

Bulgarian shipbroker Yordan Petrov no longer sends his vessels into the Black Sea, calling the brave few who still do “kamikazes.”

The feud between Donald Trump and Volodymyr Zelenskyy is starting to compromise Ukraine’s ability to defend itself.

Romania put an end to months of political impasse by approving a new government that’s under pressure to retain investor confidence and avert a renewed economic crisis.

Romania is offering to pay part of the costs that the US incurs to keep troops in the country, according to people familiar with the matter.

Russia is increasingly targeting Ukraine’s grain export corridors in the Black Sea and that increases security risks for the entire region, Romanian President Nicusor Dan said on Friday.

Romania blamed Russia for increased drone strikes against commercial vessels in the Black Sea after a second cargo caught fire near its territorial waters in the space of 12 hours.

Romanian Prime Minister-designate Luca Niculescu took a major step toward securing the majority needed to get his cabinet approved in parliament after former ruling parties promised to back him and end months of political deadlock.

Romania’s former ruling parties signaled early support for the prime minister-designate, Luca Niculescu, and his attempt to form a government, raising the chances of an end to months of political deadlock.

Romania will likely leave interest rates unchanged at the highest level in the European Union after a persistent political crisis pushed the currency to a record low.

Romania’s president plans to nominate a new premier next week and avoid early elections after a second bid to install a government fell through on Wednesday.

Faced with heavy debt burdens, governments across the world are finding creative ways to borrow money.

Moldova has no plans to join NATO and wants to remain neutral, said Prime Minister Vasile Tofan, pushing back against Russian claims that it’s seeking membership in the western military alliance.

Romania’s premier-designate Siegfried Muresan said he’ll seek a parliamentary vote of confidence in his proposed cabinet early next week, in an attempt to end a drawn-out political crisis that’s undermined the Black Sea nation’s economy.

Romania’s Social Democratic party announced that it won’t support Siegfried Muresan, the president’s latest choice for premier, limiting his chances of winning a confidence vote for his proposed cabinet in coming days.

Romania’s former pro-Russian presidential candidate Calin Georgescu was detained by organized crime prosecutors for allegedly setting up a €1.1 million euro ($1.3 million) fraud scheme.

Romania is running out of time to avoid a credit rating downgrade to junk as the prolonged political crisis puts fiscal credibility in jeopardy, according to an analyst from Fitch Ratings Inc.

Traders are treating Romanian bonds as the European Union’s only junk-rated sovereign debt, with the country’s high yields luring investors despite a protracted political crisis in Bucharest.