By Iulian Ernst in Bucharest Romania’s Energy Minister Sebastian Burduja has called for an end to the European Union’s environmental policies, arguing that they are driven by ideology rather than sound public policy and have caused significant economic harm.
The European Union (EU) announced a EUR 30 million "targeted support to Moldova, including the Transnistrian region," to finance the purchase and transportation of natural gas for the region that is facing an acute energy crisis "provoked by Gazprom.
Romania's attempts to restore investor confidence and lower the European Union's highest budget deficit have hit early hurdles in a year fraught with political jeopardy and the risk of losing its coveted investment-grade ratings.
EU finance ministers approved Romania's deficit-cutting plan on Tuesday to bring its fiscal deficit below 3% of national output by 2030, a move Bucharest hopes will help reassure investors about its economic outlook and tame surging bond yields.
A six-phase “road map” prepared by the EU’s foreign service advocates a “staged approach” to lifting sanctions on the country “to incentivise peaceful transition and reconstruction”. An arms embargo, sanctions on equipment used for internal repression and measures targeting Assad regime officials would be exempt, the document states.
Almost a fifth of Hungary’s population has relatives in neighbouring countries, within the historical boundaries of what was Hungary before it was partitioned in the aftermath of World War I, a 2020 s
The suspects allegedly hired 197 positions for a network of fake companies, in order to defraud EU and Romanian government subsidies aimed at helping the unemployed.
By Iulian Ernst in Bucharest Romania's Budgetary-Structural Plan was approved by the EU's Economic and Financial Affairs Council (ECOFIN) on January 21, alongside similar plans for 20 other EU member states,
Romania announced Thursday that it would hold new presidential elections in May, after the shock annulment of the December vote amid claims of Russian interference.
Romania faces mounting challenges in reducing its EU-leading budget deficit. Political instability and potential loss of investment-grade status from major rating agencies threaten to increase borrowing costs.
Europe's "greening" policies were not well-thought-out public policies, but an ideology followed blindly on the model of shock therapy, and this must stop, and the economy must be rebuilt on solid, competitive,
Visiting Hungary as a teenager, opera singer Katalin Benedekffy used to have to wait up to a whole day at the border with her childhood home, Romania. Benedekffy well remembers the "humiliating waits" of up to 24 hours at the border that she had endured since she was a girl.