Romania’s government taps retail debt market with new issues

Romania’s Treasury has launched new issues of government bonds under the Tezaur and Fidelis schemes, paying yields of 6.75% (1-year) to 7.8% (5-year) for the local currency debt and up to 6.25% (7-year) for euros. After the Treasury raised RON 21.4 billion …

Romania Pavilion: The Romanian Magic Box

Interim President Bolojan Warns Romania 'At A Crossroads' Ahead of Controversial Runoff Election

BUCHAREST -- Interim President Ilie Bolojan, Romania's most popular politician, says the country faces a "difficult but decisive" period as voters head into a presidential runoff election this weekend that pits ultranationalist politician …

Bulgaria, Romania Set Good Example with Smooth Schengen Integration, European Commission Official Says

Olivier Onidi, Deputy Director-General for Schengen and Internal Security at the European Commission, highlighted the positive impact of the recent Schengen enlargement to include Bulgaria and Romania, describing the process as long overdue but ultimately …

BYD enters Romania with four NEV models, plans over 30 outlets by 2025

Shanghai (Gasgoo)- On May 8, BYD officially entered the Romanian market, introducing four models: the SEALION 7, SEAL, SEAL U DM-i, and ATTO 2. According to the company, BYD has partnered with leading local dealers Tiriac Auto and DAB Auto to open its …

This is why Orbán supports Simion, Romania’s nationalist, anti-Hungarian presidential candidate

The foreign minister said on Monday that a campaign to discredit Hungary has ratcheted up in Ukraine ever since Hungary made clear that it will not supply weapons or money to Kyiv and will not agree to cease energy cooperation with Russia. No information …

Romania and Moldova Showcase Their Shared Roots at the 3rd Edition of the Romanian Traditions Festival

The Romanian Government, with the Department for Relations with the Republic of Moldova, is organizing the third edition of the Festival of Romanian Traditions in Chisinau’s Great National Assembly Square. The event, set for May 24–25, will bring together …

Romania’s interim president Ilie Bolojan announces support for Nicușor Dan in presidential runoff

Interim president Ilie Bolojan said on Monday, May 12, that he would vote for independent candidate Nicușor Dan in the second round of Romania’s presidential election. Dan, the current mayor of Bucharest, runs against George Simion, the leader of the far- …

Seven former US ambassadors to Romania warn against dangers of a “pro-Putin president”

Seven former United States ambassadors to Romania signed a joint letter one week before the second round of the presidential elections on May 18, warning of the dangers posed by a pro-Putin president, G4media.ro reported. The former US officials warn that …

New survey shows rising polarization, low trust in Romania’s democracy

A new survey conducted between the two rounds of Romania’s presidential elections shows that trust in democratic institutions is at a historic low, despite continued civic participation. The “Unfinished Democracy” poll, carried out by AtlasIntel in …