Read the latest news from regional and global sources, presenting different voices and perspectives.

Bucharest Exchange-listed Arctic Stream appoints Florin Mărginean as new CEO
Arctic Stream SA, a Bucharest Stock Exchange-listed provider of IT infrastructure and cybersecurity integration solutions (BVB: AST), has announced the appointment of Florin Mărginean as its new Chief Executive Officer, effective July 7. Mărginean...

Romanian government's second package of reforms has no clear calendar
Prime minister Ilie Bolojan announced on July 2 that the government would come up with a second package of measures by the end of the month to promote important reforms such as changes to special pensions - a milestone in the National Programme...

Turkish YEO Technology buys 15 green energy projects envisaging EUR 220 mln investments
Defic Globe, a subsidiary of Turkish energy conglomerate YEO Technology, has acquired 15 project companies in Romania developing renewable energy facilities with a combined capacity of 219 MW, Profit.ro reported. The portfolio, which includes...

Romania faces reckoning with Brussels over soaring budget deficit
Even before Tuesday’s vote in a meeting of EU economy and finance ministers, Romania’s new prime minister is pushing through a dramatic package of austerity measures that will deal a blow to economic growth, as well as hammer the government’s...

Romania Battles Severe Soil Drought Threatening Key Crops
(MENAFN) Romania is currently battling a severe soil drought that is jeopardizing crops like corn and sunflower, especially in areas without irrigation, the National Meteorological Administration (ANM) warned on Saturday. The ANM reports that the...
National Bank Of Romania To Keep Rates On Hold In July
Sunday, July 6, 2025 8:00 AM EDT Image Source: Pexels With the recently announced fiscal package, the fiscal policy direction has now become more transparent. However, uncertainty remains regarding its ultimate impact on inflation. In the short...

US ready to fund viable nuclear energy projects in Türkiye: Official
ISTANBUL The U.S. financing agencies are ready to bankroll nuclear energy projects in Türkiye, particularly small modular reactors (SMRs), but are waiting for viable proposals, a senior U.S. State Department adviser has said. “We're waiting for...

'US ready to support viable nuclear energy projects in Türkiye'
U.S. financing agencies are ready to support nuclear energy projects in Türkiye, particularly small modular reactors (SMRs), but are waiting for viable proposals to go ahead, a senior U.S. State Department advisor said recently. "We are waiting...

Romania faces ongoing soil drought threatening corn, sunflower crops
BUCHAREST, July 5 (Xinhua) -- Romania is experiencing ongoing moderate to severe soil drought, threatening crops such as corn and sunflower in non-irrigated areas, the National Meteorological Administration (ANM) warned on Saturday. According to...

Why are Europe’s electricity bills so high? Austria has the answer
With Austrian energy companies refusing to compete with one another, consumers at the mercy of their local hegemons are left paying higher bills than they should – a problem mirrored across Europe. When energy prices in Russian-gas-addicted...
Romania rules out sending troops to Ukraine ‘under any circumstances’
Romania’s Prime Minister, Ilie Bolojan, has said that Bucharest will deploy troops to Ukraine “under no circumstances.” Speaking during a live interview with broadcaster Antena 3 CNN on Thursday, Bolojan dismissed rumors spread on social media...

US Overtakes Russia as EU No2 Gas Source
The United States displaced Russia as the European Union’s second-biggest natural gas supplier in the first quarter due to the expiry of imports of Russian pipeline gas via Ukraine at the start of the year, the European Commission has reported....

Texworld & Apparel Sourcing Paris 2025 to host 1300+ global exhibitors
From 15 to 17 September 2025, 1300 textile and apparel manufacturers from more than thirty countries are expected at the Paris-Le-Bourget Exhibition Center, for the 57th edition of Texworld Apparel Sourcing Paris – a key event for European and...

Romania tops EU grain exports for the 2024-2025 season
BUCHAREST, July 4 (Xinhua) -- Romania has emerged as the European Union's leading grain exporter for the 2024-2025 commercial year (between July 2024-June 2025), recording the largest wheat, barley, and corn exports in the bloc, according to...

Romanian man pleads guilty to access device fraud in Louisiana
Michael M Simpson Acting United States Attorney for the Eastern District of Louisiana | Department of JusticeMichael M Simpson Acting United States Attorney for the Eastern District of Louisiana | Department of Justice Acting U.S. Attorney Michael...

ENERGY MINISTER EXPRESSES CONFIDENCE THAT VULCANESTI-CHISINAU POWER TRANSMISSION LINE WILL BE PUT INTO OPERATION BY YEAR END
Energy Minister Dorin Junghietu has expressed confidence the Vulcanesti-Chisinau power transmission line will be put into operation by the end of the year. He said this on JurnalTV channel on Thursday evening. He noted that the 400 kV overhead...

ING THINK: Euro Adoption on Track as Bulgaria Maintains Economic Stability in 2025
Macroeconomic Overview Bulgaria’s economy in 2025 continues to demonstrate a stable performance, largely driven by household consumption and wage increases. These factors have helped to cushion the effects of slower industrial output and weaker...
Romanian Defector, Now Connecticut Yankee, Runs for USA
WASHINGTON, UNITED STATES 09.21.1999 Courtesy Story Running his way to a spot on the U.S. team in the recent Military World Games in Zagreb, Croatia, had a special meaning for Sandu Rebenciuc. It gave him the chance to see his parents for the...

Romanian Far-Right Politician Călin Georgescu Charged with Fascist Propaganda
On July 2, 2025, the Romanian prosecutor’s office sent the case of former presidential candidate and far-right politician Călin Georgescu to court. He is accused of promoting fascist and racist ideas, as well as glorifying individuals involved in...

Foreign renewable energy investors remain committed to Romania as large plants coming online
The renewable energy market in Greece is consolidating and a number of foreign investors are leaving, but some other countries in the region that Balkan Green Energy News tracks remain attractive, especially Romania and Turkey. Big names from...