Romania’s crisis shows that political elites have failed to understand what is expected of them

What happened in Romania’s presidential election marks the beginning of the new political era, of hybrid war, political unrest, and disdain, anger and revolt against political elites. The recent crisis in Romania has come as a direct consequence of a …

DRI, OMV Petrom sign Romania’s largest physical PPA so far

OMV Petrom, the biggest integrated energy producer in Southeastern Europe, will offtake electricity from three photovoltaic plants for eight and a half years. It signed a physical power purchase agreement, PPA, with DRI. The subsidiary of Ukraine-based …

Orban: Hungarians have long been interested in Romania becoming part of Schengen

"Hungarians have long been interested in Romania becoming a member of the Schengen area and both countries benefiting from its advantages together." This is what Hungarian Prime Minister Viktor Orbán said during his visit to Bucharest, reports …

Romania's new parliament convenes amid political deadlock

Members of the Chamber of Deputies of Romania attend a session in Bucharest, Romania, on Dec. 20, 2024.(Photo by Cristian Cristel/Xinhua) BUCHAREST, Dec. 20 (Xinhua) -- Romania's newly elected Parliament convened on Friday following the Dec. 1 …

What next for Romania after its recent electoral chaos?

As has often been the case since the overthrow of communism 35 years ago, Romania is currently oscillating between the tragic and the grotesque. It is simultaneously tragic and grotesque that a massive reform backlog and a deep-seated mistrust of …

Romania Pays the Price for Kremlin Interference

Romania avoided a bullet, but the gunman is still at large. That’s how some analysts describe Romania’s political situation after, in less than a month, it went from a reliable and committed NATO and European Union (EU) member to a southeast European …

Romania signs €1.9bn EPC deal for Cernavoda NPP Unit 1 refurb

Romanian state-owned nuclear power producer Nuclearelectrica has signed a major engineering, procurement and construction (EPC) contract to extend the life of the first nuclear reactor at the country’s Cernavoda nuclear power plant (NPP). The €1.9bn ($1. …

Formation of ruling coalition in Romania faces deadlock as Social Democrats suspend talks

The talks on the formation of a ruling coalition in Romania reached a deadlock on December 19 after the Social Democratic Party (PSD) leader and current Prime Minister Marcel Ciolacu pulled out of the talks, accusing the National Liberal Party (PNL) and …

Is Romania’s thriving low cost apparel sector sustainable?

Electricity imports from Romania are higher in December, as two units of MGRES are operating

Electricity imports from Romania increased in December 2024 because the Moldovan thermoelectric power plant, MGRES, is operating with only two power blocks, according to Constantin Borosan, State Secretary of the Ministry of Energy. Borosan explained that …