Oil prices surged nearly 5% on Thursday, October 23, 2025, following the imposition of new U.S. sanctions on Russia’s two largest oil companies and amid escalating Ukrainian drone strikes on energy infrastructure. Benchmark U.S. crude […]
Romanian Energy Minister Sebastian Burduja announced plans to submit a detailed report to the government on the negative impact of the European Union’s Green Deal policy on Romania’s energy sector. Inspired by US President […]
The agreement between Austria’s OMV and Germany’s Uniper to supply gas from the latter’s Black Sea project in Romania’s economic zone has put the spotlight on the country’s significant gas supply potential. The five-year […]
Romania’s Social Democratic Party (PSD), the winner of the parliamentary elections on 1 December, has pulled out of government formation talks and will back a right-wing government, the party’s leader, Marcel Ciolacu, said on […]
Romania needs fiscal and budgetary consolidation measures, Finance Minister Marcel Boloș announced on Wednesday, the day after Fitch Ratings downgraded its long-term debt outlook from stable to negative. Although Romania’s next scheduled rating review […]
Romania will help Moldova overcome its energy crisis, Romanian Energy Minister Sebastian Burduja announced after Chisinau declared a state of emergency after Russia cut off gas transit through Ukraine at the end of the […]
Bulgaria and Romania have been given the green light to fully join the border-free Schengen area, European Commission President Ursula von der Leyen announced on Friday (22 November). “Bulgaria and Romania belong fully to […]
Romania is ready to raise the minimum wage to 4,050 lei (about €800) from 1 January, following President Klaus Iohannis’ promulgation of the European minimum wage law on Wednesday, Prime Minister Marcel Ciolacu announced […]
Romania will be granted access to the Schengen land border by the end of December, Prime Minister Marcel Ciolacu announced on Thursday, confident that Romanians can cross the border without checks as early as […]
Daily Standup Top Stories French nuclear giant scraps SMR plans due to soaring costs, will start over July 3, 2024 Mariel Alumit The French nuclear giant EdF, the government owned company that manages the country’s vast […]
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