Romania is facing a severe financial crisis, with the government warning it risks running out of funds to cover pensions and ...

Romania's finance ministry sold on Thursday two issues of Treasury notes worth a total of 2.998 billion lei ($698.95 million/592.8 million euro), <a href=" target="_blank">central bank data showed.

Romania's prime-minister Ilie Bolojan has unveiled a package of austerity measures set to enter into force on August 1, as ...

Travel - Mihaela Călușer, entrepreneur with 28 years of experience in the tourism industry, will inaugurate at the beginning ...

Prime Minister Ilie Bolojan announced on Wednesday a new set of fiscal measures aimed at reducing Romania’s budget deficit by ...

The Romanian government will implement tax hikes and spending reforms starting August 1 in an attempt to curb the growing ...