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.

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,

Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three

Romania will set up and operate its first fish farms in the Black Sea this year, as announced by environment minister Mircea Fechet, with certain areas already assigned for future farms. Investments are long overdue,

Captain Zakariah Ajjane, 29, from Molesey, Surrey, said British troops are looking after each other mammoth 1,400mile trip for Nato exercise.

Tens of thousands protested in Romania’s capital against a top court’s decision last month to annul the presidential election after an outsider candidate unexpectedly emerged as the frontrunner.

Romania's energy ministry said on Wednesday it has notified a government agency that reviews foreign investment about potential national security risks stemming from a planned sale of E.ON's local energy provider to Hungary's MVM.

The Romanian Ministry of Energy has announced a new round of funding from the Modernization Fund dedicated to battery energy storage systems.

Gabriel Popoviciu is finally cleared of all charges by Romania's High Court of Cassation and Justice. Read the full story here.

Over 700 army vehicles have been loaded onto cargo ships ready to sail to Romania for a Nato exercise. The armoured vehicles, fuel tankers and forklift trucks were loaded up at Marchwood, near Southampton in Hampshire to be transported for Exercise Steadfast Dart 25.

Romania will hold a repeat of last year’s contested presidential election on May 4, months after the country’s top court annulled the ballot over allegations of Russian meddling. The Balkan ...

Scatec has entered a 15-year contract-for-difference (CfD) agreement with Opcom, the Romanian electricity market operator.