Europe Romania A 7-year period to reduce the budget deficit below 3% of GDP will be asked by the PM to the the European Commission; Romania has been subject to the Excessive Deficit Procedure since 2019, but the procedure was suspended during the COVID-19 crisis
Europe Romania 2024 was the hottest year in the history of Romania weather records, with an average annual temperature of 12,99 degrees Celsius, a thermal deviation of 2,71 degrees Celsius compared to the 1991-2020 average
Europe Romania Romania's accession to the US Visa Waiver Program will be made official today, Friday 10 January, during a ceremony at the Department of Homeland Security in Washington
Europe Romania In connection to full accession to the Schengen area, Romania will close over 30 checkpoints on its borders with Hungary and Bulgaria following last vote of EU Justice and Home Affairs Council that ruled the abolition of land controls as of 1 January 2025
Europe Romania The country disbursed €1,3bn worth of state aid in 2019-2023, with 62% of the projects granted to foreign companies, according to an analysis conducted by EY Romania; main sectors were automotive, technology, manufacturing, medical and food industry