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Romania’s trade deficit to GDP ratio up 0.7 pp to 9.9% in 12 months to May

Romania’s trade deficit to GDP ratio up 0.7 pp to 9.9% in 12 months to May

Romania’s foreign trade in goods picked up in May, with the annual growth rates for both exports (EUR 8.00 billion, +10.6% y/y) and imports (EUR 10.73 billion, +5.0% y/y) enhanced by Easter (celebrated in April this year but in May last year). The...

Romania joins EU initiative to bolster trade with Ukraine by offering export guarantees

Romania becomes one of ten EU countries participating in European push to support trade with Ukraine. Exim Banca Romaneasca joins the InvestEU Ukraine Export Credit Guarantee Facility. Backed by EIF, initiative to support as many as 25 Romanian...

Romania: New CNA code bans celebrity endorsement

Romania: New CNA code bans celebrity endorsement

The National Audiovisual Council has confirmed new legislation around gambling advertisements. By Will Underwood Key points: - Romania’s regulator, CNA, has enacted a ban on celebrity appearances in gambling ads - This legislation will apply to...

UEFA Champions League Qualifiers: Jose Mourinho's Fenerbahce To Face Feyenoord

UEFA Champions League Qualifiers: Jose Mourinho's Fenerbahce To Face Feyenoord

Last Updated:July 21, 2025, 20:05 IST Fenerbahce will face Feyenoord in the Champions League third qualifying round. The first leg is in Rotterdam on August 5 or 6, and the return leg in Istanbul on August 12. Fenerbahce manager Jose Mourinho...

Romanian SocDem leader hints his party stays with the ruling coalition for now

Romanian SocDem leader hints his party stays with the ruling coalition for now

The interim president of the Social Democratic Party (PSD) in Romania, Sorin Grindeanu, stated on July 10, after the opposition delivered its no-confidence motion against the government, that "his party did not join the ruling coalition to leave...

Romanian CFA Society chief sees yearend inflation at 8% with upward risk

Romanian CFA Society chief sees yearend inflation at 8% with upward risk

Inflation will reach at least 8% in 2025 (yearend data), but there is a risk that the generalized increase in prices will rise to 10-11%, according to Adrian Codirlaşu, president of the CFA Romania association of financial analysts, speaking on...

Romania’s central bank to launch nationwide survey on household wealth and consumption

Romania’s central bank to launch nationwide survey on household wealth and consumption

The National Bank of Romania (BNR) has launched a public tender worth RON 6 million to conduct a nationwide statistical survey aimed at assessing household wealth, financing, and consumption patterns, according to procurement documents published...

Romania set to acquire Iron Dome for NATO eastern front defense

Romania set to acquire Iron Dome for NATO eastern front defense

Romania’s Defense Minister Ionuț Moșteanu met with U.S. Defense Secretary Pete Hegseth at the NATO Summit, reinforcing the U.S. strategic partnership. (Photo via: DoD) OAN Staff Abril Elfi 5:44 PM – Thursday, July 10, 2025 Incoming reports have...

Romanian lawmaker suggests von der Leyen's no-confidence story not over

Romanian lawmaker suggests von der Leyen's no-confidence story not over

BUCHAREST, July 10. /TASS/. The European Parliament (EP) may hold another no-confidence vote in European Commission President Ursula von der Leyen this winter, Romanian EP member Diana Sosoaca has told TASS. "I think the ground will be ripe for...

Table Tennis Brings Six Medals to Portugal

Table Tennis Brings Six Medals to Portugal

The Portuguese under-19 and under-15 table tennis teams closed the European Championships in this category with three more medals, for a total of six, highlighted by Tiago Abiodun's European title in men's doubles. At 17, Abiodun has seven medals...

Romanian opposition files no-confidence motion over government's fiscal reform

BUCHAREST, July 10 (Xinhua) -- Romania's opposition party, the Alliance for the Union of Romanians (AUR), on Thursday filed a motion of censure against the government's first package of fiscal measures, condemning the executive's decision to...

Romanian dealer with 'connections to organised crime' found with kilos of cannabis in BMW

Romanian dealer with 'connections to organised crime' found with kilos of cannabis in BMW

17:24, 10 Jul 2025Updated 20:56, 10 Jul 2025 A Romanian drug dealer who had "connections to organised crime" was pulled over in Sunderland and found to have kilos of cannabis in his BMW. Cosmin Cariga, who has previous convictions relating to...

Romania Q1 GDP Growth Unrevised At 0.3%

Romania Q1 GDP Growth Unrevised At 0.3%

Romania's economic growth eased in the first quarter, in line with the second estimate, the latest data from the statistical office showed on Thursday. On an unadjusted basis, GDP rose 0.3 percent annually in the March quarter, slower than the 0.5...

Romanian airline Blue Air declared bankrupt

Romanian airline Blue Air declared bankrupt

Blue Air Aviation S.A. has officially entered bankruptcy following a decision approved by its creditors and announced by Infinexa, the Romanian company appointed as judicial administrator. Infinexa, which specializes in restructuring and financing...

Romanian police target group of hackers who obtained tax refunds from the UK

Romanian police target group of hackers who obtained tax refunds from the UK

Romanian police conducted 13 house searches in Bucharest and the counties of Ilfov, Giurgiu, and Călărași on Thursday, July 10, in a case involving a group of hackers that defrauded the tax system in the United Kingdom. The suspects allegedly...

Romanian opposition to file no-confidence motion against Bolojan government over fiscal package

Romanian opposition to file no-confidence motion against Bolojan government over fiscal package

The far-right opposition party Alliance for the Union of Romanians (AUR) announced on July 9 its intention to submit a no-confidence motion against the government of Prime Minister Ilie Bolojan, in protest against the executive’s decision to pass...

Romania to implement Iron Dome air defense system, minister says

Romania to implement Iron Dome air defense system, minister says

Romanian defense minister Ionuț Moșteanu announced this week that the government aims to import the air defense system also used by Israel, known as the Iron Dome, G4media.ro reported. The Iron Dome will protect Romania from attacks with short and...

Romania issues EUR 5 bln FX bonds amid strong demand after fiscal package

Romania issues EUR 5 bln FX bonds amid strong demand after fiscal package

Romania raised approximately EUR 5 billion on July 9 in its first FX bonds issued after the political normalization and the fiscal corrective package aimed at addressing its major fiscal slippage, amid reported robust demand. The country's...

Romania’s real estate investment market reaches EUR 386 mln in H1 2025

Romania’s real estate investment market reaches EUR 386 mln in H1 2025

Romania’s commercial real estate investment market recorded transactions totaling EUR 386 million in the first half of 2025, reflecting a 7.4% decrease compared to the same period last year, according to iO Partners. Despite the overall decline,...

Romania arrests 13 in phishing scam targeting British tax office

Romania arrests 13 in phishing scam targeting British tax office

LONDON (Reuters) -Thirteen people have been arrested in Romania after phishing attacks against Britain’s tax office HMRC, in which authorities suspect stolen data was used to fraudulently obtain millions of pounds of tax payments, HMRC said on...

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