Slow progress in raising living standards, and widening inequality have contributed to political polarisation and erosion of social cohesion in many advanced and...
Tag - Romania
Banca Transilvania, Romania’s second-largest bank, has finalised the purchase of a 39 per cent stake in Moldova’s third-largest lender Victoriabank. It is the first time...
Romanian President Klaus Iohannis appointed Viorica Dancila, an obscure member of the European parliament who once claimed that Iran and Pakistan were EU members, as the...
Japanese Prime Minister Shinzo Abe continued a six-day visit to the Baltics and the Western Balkans with a stop in Sofia on January 14, where he met with his Bulgarian...
At its first meeting of 2018, the board of the Romanian National Bank (BNR) voted on January 8 to raise its interest rate 0.25 per cent to 2 per cent. It is the first...
Only seven Emerging European countries can boast better than average fixed broadband internet download speeds, latest figures from Ookla’s Speedtest Global Index claim...
The European Commission begins sanction proceedings against Poland for its attacks on the rule of law, Hungary declares to fight Poland’s corner and all of a sudden...
Annual inflation in the European Union was 1.8 per cent in November 2017, up from 1.7 per cent in October 2017. Inflation in the Euro Area also rose, from 1.4 per cent...
More than 15,000 doctors have left Romania since the country joined the EU in 2007, leaving many hospitals – particularly in more remote parts of the country –...
I remember very well my first Christmas in Hungary. One of my colleagues had invited me to a Christmas dinner at his house. It was a cold and snowy day but as soon as I...
Despite the ruling PSD-ALDE coalition’s chaotic fiscal policy, and its ongoing attacks on the justice system, Romania can and will continue to be a factor of stability...
Hungarian bank OTP passed another obstacle in its quest to grow throughout CEE on December 18 when the Romanian Competition Council approved its purchase of Banca...