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PPC Group has expanded its renewable energy portfolio in Romania with the addition of a new 130 MW photovoltaic plant in Călugăreni, located 40 kilometers south of Bucharest. The project has recently been connected to the national grid. The plant was built using 227,240 bifacial photovoltaic panels and is expected to generate more than 193…

Several civic organisations held a protest last week targeting the leadership of Romania’s judiciary, after accusing senior magistrates of overstepping their institutional roles, Epochtimes-romania.com reported. The groups – Iniţiativa România, Corupţia ucide, Iniţiativa Timişoara, Rezistenţa, and Declic – stressed that their action, titled “What is Lia doing with Justice in Romania?”, was directed at specific…

The ruling coalition will no longer negotiate with the Superior Council of Magistracy (CSM) and the High Court (ICCJ) on the magistrates’ pensions law but instead will come up with a revised version of the bill by November 18, inviting magistrates’ associations to demonstrate their loyalty by issuing the necessary consultative opinion timely, such to…

Along with the American investment fund Carlyle, which is said to want Lukoil’s assets under a global deal and is already active in Romania through the Black Sea Oil and Gas company as the third largest gas producer in Romania (10%), there are at least two other companies interested, according to Romanian minister of energy…

Subscriptions under the November 2025 issue under the Fidelis government bond scheme were the weakest in the last six months, signalling a moderation in investor appetite for this form of savings. The state raised only RON 1.3 billion (EUR 260 million), of which approximately two-thirds came from tranches denominated in euros, Ziarul Financiar reported. The…

The International Monetary Fund (IMF), under its annual Article IV Consultations with Romania, said that the country’s general government budget deficit may drop to 5.8% of GDP in 2026 and suggested further steps for further fiscal consolidation. The Fund’s proposed plan focuses on personal income taxation, which would generate 0.9% of GDP higher revenues by…

Romania’s current account (CA) deficit widened by 7.5% y/y to EUR 8.8 billion in Q3, despite a slight improvement in the balance of trade in goods (the country’s main source of external deficit), according to data published by the National Bank (BNR).  The deficit of the trade in goods contracted by 7.8% y/y (by EUR…

National Bank of Romania (BNR) governor Mugur Isărescu, on November 14, while unveiling the Inflation Report, argued that the Romanian economy will most likely not record two consecutive quarters of negative growth, which would mean entering a recession, but even in such a scenario, the evolution for the entire year will be positive, of approximately…

While the analysts were pleasantly surprised by the Q3 GDP reading published by the statistics office INS on November 14 (flash estimate), the statistics office’s confusing format of the GDP data release and lack of economic interpretation, along with the strictly accounting data, led to diverging interpretations and subsequently very diverse projections for the full-year…

Romania lost 1-3 to Bosnia and Herzegovina in Zenica on Saturday, November 15, a result that ends its chances of finishing second in its 2026 World Cup qualifying group and pushes the national team toward the playoff route. Daniel Bîrligea opened the scoring shortly before halftime, but Bosnia and Herzegovina equalized early in the second…