Romania must implement an additional fiscal adjustment of 0.8–1.0 percentage points (pp) of GDP to meet its 2025 deficit target of 7% of GDP, according to a research report by Erste Group.

Romania’s turbulent politics is making investors wary that further fiscal steps needed to boost the European Union’s riskiest ...

Romania's manufacturing Purchasing Managers' Index (PMI) rose to 48.3 points in February, up from a record low of <a href=" ...

Austria-based Erste Group said it expects the average economic growth of the Central and Eastern Europe (CEE) region to ...