Articles
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2 weeks ago |
bloomberg.com | Andra Timu |Andrea Palasciano
US soldiers by the NATO missile shield in Deveselu, Romania. (Bloomberg) -- NATO plans to bolster its missile-defense systems as part of an effort to shield the alliance’s eastern flank from attack, a move likely to stoke tensions with Russia. North Atlantic Treaty Organization member states are discussing for the first time combining the alliance’s ballistic missile shield with other integrated missile-defense assets, according to people familiar with the deliberations.
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3 weeks ago |
bloomberg.com | Andra Timu |Alberto Nardelli |Jorge Valero
President Nicusor Dan has said addressing Romania’s budget is his number one priority. (Bloomberg) -- The European Union is likely to offer the Romanian government a reprieve to introduce measures aimed at paring its ballooning budget deficit before moving to potential punitive action against the Black Sea nation.
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3 weeks ago |
bloomberg.com | Andra Timu
The headquarters of Romania's central bank in Bucharest. (Bloomberg) -- Romania’s central bank injected liquidity into domestic banks for a second week as it sought to further calm money markets after increased volatility during recent political turmoil. The Black Sea nation’s assets are recovering from a May selloff triggered by concerns that a far-right opposition candidate could win a presidential election.
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1 month ago |
bloomberg.com | Andra Timu
The headquarters of Romania's central bank in Bucharest. (Bloomberg) -- Romania’s central bank injected the highest amount of liquidity to the domestic market in almost seven years as it sought to bring down short-term interest rates that spiked because of recent political turmoil. The Black Sea nation’s assets came under pressure earlier this month and the leu weakened to a record low against the euro after a far-right candidate won the first round of the presidential election.
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1 month ago |
bloomberg.com | Irina Vilcu |Andra Timu
Nicusor Dan(Bloomberg) -- The ballot numbers added up for Romania’s Nicusor Dan, the one-time math prodigy who defeated a formidable far-right challenger to win the Black Sea nation’s presidency this month. But Dan, the former Bucharest mayor who was sworn in as the country’s head of state on Monday, will confront a wholly different set of numbers as he seeks to narrow what has become the European Union’s widest budget deficit.
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Bucharest Mayor Nicusor Dan is running for president with a TikTok-led campaign to win over Romanian voters https://t.co/wFNwux5q4g via @bpolitics
RT @patrickjdo: Romania’s far-right presidential candidate emerged defiant after hours of questioning by prosecutors this week, but an esca…
European officials were shocked by the breakdown of the Oval Office meeting between Volodymyr Zelenskiy and Donald Trump, which ended in raised voices and angry bickering https://t.co/7XQcId1LkZ via @bpolitics