Read the latest news from regional and global sources, presenting different voices and perspectives.

Romania’s budget deficit widens by 9.6% y/y to 3.7% of GDP
The government posted a deficit of RON 69.8 billion (EUR 13.8 billion) in the first half (H1) of 2025, 9.6% or RON 6.1 billion more compared to the same period last year, according to data published by the Ministry of Finance. In the second...

Romania registers low long-term increase in citizens’ wealth, UBS report shows
Measured in local currency, the wealth of citizens in Hungary increased the most in Europe last year, followed by Lithuania and Sweden. In Romania, the median wealth increased by 9.1%, but the long-term average wealth trend decreased, according to...

T2Y Capital becomes shareholder of Romanian energy storage solutions provider Prime Batteries
T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, announced it was investing in Prime Batteries Energy Holding, thus becoming the second-largest shareholder of the Romanian...

Survey: Romanians favor larger government spending on health & education
More than half of Romanians (58%) are concerned about the country's economic situation, and inflation remains a central concern for one in five respondents to a survey conducted at the European level by Ipsos for ING Group in May-June 2025. The...

Several women accuse well-known Romanian sociologist Marius Pieleanu of sexual abuse
Sociologist Marius Pieleanu, a familiar figure on TV sets in Romania, where he acts as a political analyst and commentator from his role as a professor at SNSPA, was recently accused of sexual abuse by former female students or women who entered...

Ilie Bolojan: Romania has an urgent need to clarify how magistrates retire
Romania has an urgent need to clarify how magistrates retire, more specifically, the retirement age and the value of pensions, said Prime Minister Ilie Bolojan. At a press conference at Victoria Palace, he pointed out that if the government does...

The long autumn of the Serbian economy
By Biagio Carrano The weather forecast for the summer still predicts hot days ahead, but for the Serbian economy, autumn has already begun: whether it will enter the winter of a recession or remain in the prolonged withering of stagnation depends...
Bangladesh urges Romania to resume labour recruitment
Foreign Secretary Asad Alam Siam on Tuesday encouraged Romania for the resumption of labour recruitment from Bangladesh, stressing the need for finding ways to deepen the engagement in potential areas. He also suggested academic collaboration...

Dhaka urges Romania resuming labour recruitment from Bangladesh
Dhaka urges Romania resuming labour recruitment from Bangladesh Photo: Freepik DHAKA, July 29, 2025 (BSS) – Bangladesh today urged Romania to resume labour recruitment from Bangladesh and proposed to reopen the Romanian Embassy in Dhaka to deepen...

Bulgaria Has EU's Second Lowest Government R&D Budget per Capita in 2024
In 2024, Bulgaria had the European Union's second lowest government budget allocations for research and development (R&D) per person, according to data released by Eurostat on Tuesday. In 2024, the total government budget allocations for R&D...

El Greco painting sparks legal battle between Romania, oligarch and royal
BUCHAREST: A rare El Greco painting has become the centre of a high-stakes legal dispute involving the Romanian government, Russian billionaire Dmitry Rybolovlev, and a self-proclaimed royal heir. The artwork, *Saint Sebastian*, valued between $7...

FS urges Romania to resume labour recruitment from Bangladesh
United News of Bangladesh . Dhaka 29 July, 2025, 18:20 Foreign secretary Asad Alam Siam on Tuesday encouraged Romania for the resumption of labour recruitment from Bangladesh, stressing the need for finding ways to deepen the engagement in...

Open Call for Applications for the European Media Hackathon To Boost Innovative Storytelling In Media
Open call for applications for the European media hackathon to boost innovative storytelling in media The European media hackathon Media Blend is pleased to announce that applications are now open for its main event, which will take place in...

President of Romania: Moldova’s European direction depends on the choice of a credible prime minister
0 The process of integration of the Republic of Moldova into the European Union will be influenced by the credibility of the future prime minister, who will represent the country in dialogue with European institutions. The statement belongs to the...

Rheinmetall is expanding its presence in Romania
The German company Rheinmetall is expanding its presence in Romania by organizing local production of Lynx infantry fighting vehicles, medium-caliber ammunition, and gunpowder for the defense industry. To achieve this, a comprehensive production...

Sika opens concrete additives production unit in Romania
Sika Romania has inaugurated a new concrete additives production facility in Corlătești, Prahova County, following an investment of CHF 1.4 million (EUR 1.5 million), the company announced on July 28. The unit is located on the local industrial...

INVL Renewable Energy Fund I gets EUR 29 million funding for 71 MW solar project in Romania
The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts...
Romania Attempts to Modernize Naval Forces
Executive Summary: Romania’s new government, sworn in on June 23, appears committed to modernizing the Romanian Naval Forces, but its naval forces remain severely underfunded and outdated. Bucharest has made some questionable decisions in its...
Hungary’s government slashes 2025 growth forecast to 1%
BUDAPEST (Reuters) -Hungary’s government slashed its 2025 economic growth forecast to 1% on Tuesday from 2.5% expected at the start of the year, prolonging an anaemic recovery from an inflationary surge triggered by Russia’s 2022 invasion of...

Intense floods strike Romania as wildfires rage across Turkey and Albania
Published on 28/07/2025 - 16:28 GMT+2 •Updated 22:21 Heavy rains swept across northeastern Romania overnight into Monday, causing flash floods that killed at least one person and forced hundreds to flee, as neighbouring Turkey and Albania...