Romania Suspects Russian Sabotage in Crude Oil Contamination
Romanian authorities have declared a state of emergency following the contamination of a substantial batch of Azerbaijani crude oil destined for the OMV Petrom refinery...
Category : Economy
S&P Maintains Romania’s Credit Rating, But Risks Linger
Romania has narrowly avoided a downgrade to “junk” status after S&P Global Ratings reaffirmed the country’s investment-grade rating at ‘BBB-‘, while maintaining a “negative outlook.”...
Romania Surpasses Historic Public Debt Milestone Amid Escalating Fiscal Pressures
Romania has crossed a significant financial threshold, with public debt now exceeding EUR 200 billion, and fiscal sustainability has become an urgent national concern. The...
Romanian Government Assumes Responsibility for Controversial Tax Plan Amid Nationwide Protests
On Monday, the Bolojan Government formally assumed responsibility in Parliament for a comprehensive fiscal package aimed at reducing Romania’s budget deficit. The package, approved during...
Economic Tsunami Hits Romania: Brutal Austerity Package Revealed by New Government
Romania’s government, led by Prime Minister Ilie Bolojan, has announced a comprehensive and brutal austerity package aimed at addressing the country’s record-high budget deficit. The...
Romania’s New Finance Minister Sounds the Alarm: “It’s Time to Face the Truth”
Just one week into his new term, Romania’s Finance Minister, Alexandru Nazare, delivers a blunt reality check on the country’s fiscal health and urges a...
How to Set Up a Company in Bulgaria: 2025 Guide
With Romania’s government preparing significant tax hikes, many Romanian entrepreneurs are looking for alternatives to domestic company incorporation. Bulgaria, just across the border, is an...
How to Set Up a Zero-Tax Company in Dubai: A 2025 Complete Guide
Setting up a company in Dubai offers incredible opportunities: full foreign ownership, zero tax zones, and access to global markets. This step-by-step guide explains exactly...
Romania’s Presidential Runoff: Pro-European Victory and the Challenges Ahead
Romania’s dramatic presidential runoff has concluded with a clear victory for Nicușor Dan, the pro-European and reform-minded mayor of Bucharest. Dan secured close to 54%...
Romania Faces Highest Budget Deficit in the EU, Government Outlines Seven-Year Recovery Plan
Romania has emerged as the European Union member state with the highest budget deficit in 2024, according to the latest data released by the European...
