The implementation of tax hikes and other measures to lower Romania's deficit, the EU's largest, depends on the stability of ...

Romania’s government survived a no-confidence motion on Monday, clearing the way for a sweeping austerity plan aimed at ...

Social Democratic Party (PSD) president Sorin Grindeanu has firmly denied rumours that the party intends to leave Romania's ...

Romania has concluded its 13 billion euro foreign debt issuance target for this year but does not rule out further issues to ...

Cutting the public deficit to 7% of GDP this year is out of question, there is no way to achieve this – Romania's prime minister Ilie Bolojan said in a press conference on July 11, adding that his ...

BUCHAREST (Reuters) -Romania's two-week-old broad coalition government is set to face a no-confidence vote as it seeks to speed through planned tax hikes that have triggered street protests even ...

EU ministers will pile pressure on Bucharest to impose austerity measures and bring the deficit under control.

Romania’s new fiscal consolidation package is likely to reduce the country’s twin deficits over the next two years, but at the cost of significantly slower economic growth (chart), analysts at ING ...

International rating agency Moody’s has acknowledged the Romanian government’s efforts to reduce the budget deficit, ...

Romania has printed four new bonds this year, three in euros and one in dollars, worth €6.8bn-equivalent. It has also issued ...

BUCHAREST—Romania posted a budget deficit of RON11.4 billion ($2.68 billion) in January-April, or 1.1% of gross domestic product, 88.4% higher than in the same period last year, finance ministry ...