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1 week ago | 
intellinews.com | Iulian Ernst
Romanian President Nicușor Dan officially designated National Liberal Party (PNL) leader Ilie Bolojan as prime minister on June 20, following weeks of political negotiations over forming a new government.
The announcement was made at Cotroceni Palace after a meeting between the two leaders, concluding a deadlock over fiscal policy that had delayed the nomination.
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1 week ago | 
intellinews.com | Iulian Ernst
The separatist region of Transnistria in Moldova is facing a deepening economic crisis following a shift in Russia’s approach to subsidising its energy needs, local authorities confirmed during a cabinet meeting convened by the region's leader on June 17.
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1 week ago | 
intellinews.com | Iulian Ernst
Romania’s average net wage (chart) posted its weakest real-terms growth in over a year in April, marking a shift from nearly two years of rapid income expansion, the National Institute of Statistics reported.
Adjusted for inflation using the Consumer Price Index (CPI), net wages rose by just 3.5% year-on-year in April— the lowest growth rate since April 2023. In nominal terms, net wages advanced by 9.9% compared to a year earlier, the second-lowest annual growth rate recorded since 2021.
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1 week ago | 
intellinews.com | Iulian Ernst
Romania’s nominal GDP has reached €354bn in 2024 and €358bn in the four quarters to March 2025, nearly tripling from €125bn in 2009. While often cited as evidence of rapid economic expansion, this 182% increase over 15 years significantly overstates the country’s real economic progress, according to bne IntelliNews calculations based on GDP deflators and exchange rate trends.
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2 weeks ago | 
intellinews.com | Iulian Ernst
Talks to form a broad pro-Western governing coalition in Romania have stalled amid deep divisions over fiscal policy, raising the likelihood of a minority cabinet excluding the Social Democratic Party (PSD). Negotiations among the four main parties — the PSD, the National Liberal Party (PNL), Union Save Romania (USR) and the Democratic Alliance of Hungarians in Romania (UDMR) — have failed to yield even limited consensus after two days of discussions in Bucharest.
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2 weeks ago | 
intellinews.com | Iulian Ernst
The separatist region of Transnistria in Moldova has extended its economic state of emergency for an additional 30 days starting June 11, NovostiPMR reported. The decision, endorsed by the region’s Supreme Council, follows a decree signed by President Vadim Krasnoselsky citing a worsening socio-economic crisis and severe energy shortages.
The current state of emergency was first declared on December 11, 2024, after Russia ceased direct gas deliveries to Moldova at the beginning of 2025.
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2 weeks ago | 
intellinews.com | Iulian Ernst
Romania’s economy is expected to grow by just 1.3% in 2025, down from a 2.1% expansion projected in January, according to the Global Economic Prospects report published by the World Bank on June 10. This is close to the government's 1.4% revised forecast issued in May.
The bank also lowered its 2026 growth forecast for Romania to 1.9%, down from the previous estimate of 2.6%. ING and Erste Group have also lowered their forecasts for Romania.
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2 weeks ago | 
intellinews.com | Iulian Ernst
Talks on forming Romania’s next governing coalition have extended beyond the tentative deadline, with the technical committee made up of potential coalition parties still working on a draft agreement, presidential advisor Radu Burnete announced on June 9. The committee had been expected to present initial results by this time.
The delay and the direction of the negotiations, as reported in the media, do not bode well for the final outcome, despite Burnete’s optimistic rhetoric.
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2 weeks ago | 
intellinews.com | Iulian Ernst
Russia is ready to find “a long-term solution” to the energy crisis in Moldova’s separatist Transnistria region, but this would be possible only after the resumption of the 5+2 negotiations on the settlement of the frozen conflict, Kremlin’s ambassador to Chisinau Oleg Ozerov told Ria Novosti.
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3 weeks ago | 
intellinews.com | Iulian Ernst
By Iulian Ernst in Bucharest #romania #gdp #macro #bneChart Czech industrial production increased in real terms by 2% year on year and by 0.9% month on month in April (chart), maintaining a modest three-month growth trajectory to which it returned in February. In March industry grew by 1.4% y/y. Germans have overtaken Americas to become the most hated by Russians, according to a poll by independent pollster, the Levada Centre.
