Romania’s government is rushing to approve a sweeping fiscal austerity package, provoking a potential no-confidence motion by ...

On May 30, the international company D.GROUP, founded by Ukrainian entrepreneur Vadym Dashut, took a strategic step into the ...

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

Romania is facing renewed frustration over how its defense industry has been treated in major military deals. Public ...

The National Museum of Romanian History has announced an extraordinary archaeological discovery in Mangalia, southeastern ...

Romania's retail sales posted a 2.5% y/y advance in May, resulting in an average 1.4% y/y advance in April-May – a period ...

Romania is set to present a fiscal package of tax hikes and wage freezes in the public sector to scale back the budget ...

Petre-Florin Manole, a Social Democrat, has become minister of labor as part of the small group of new faces in the Romanian ...

The SPYDER system from Rafael is heading toward a €1.9 billion deal in Romania, after the Israeli company surpassed competitors from Germany and France.

The country faces having to cut 20 percent of civil service jobs while ramping up VAT and increasing excise duties. The ...

Omar Farang Zin, 49, was dragged down a ravine by the cub's mother while motorcycling through Romania's Carpathian Mountains.