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Romania’s budget deficit fell to 7.65% of GDP in 2025, well below the 9.3% the previous year but significantly above the recommended European Union rate of 3%. Announcing the figures on Tuesday, the finance ministry said it achieved the outcome through a balanced mix of reining in expenses, creating revenues and investment financing structure. "The …. budget in 2025 reflects...

Not so fast, Carney: You're declaring collapse where there is structural damage. Imagine the following world. Donald Trump runs for president in 2024 not as a vessel for cultural grievance and unhinged ego, but on an explicit platform of demolition. He openly campaigns on dismantling the administrative state and independent institutions, treating alliances as liabilities, discarding NATO, abandoning Ukraine, aligning...

The European Public Prosecutor’s Office in Iași, northeast (Romania carried out 25 house searches in Focșani and Vrancea county, as part of a probe into suspected fraud related to an EU-funded project to support the business plans of disadvantaged young people. Eight individuals have been brought to the EPPO’s office in Iași to be informed of their status as suspects.  According to...

Volkswagen is reportedly reconsidering plans for a major Audi manufacturing facility in the United States in light of the painful automotive tariffs introduced by President Donald Trump.  Volkswagen’s CEO told Handelsblatt that U.S. tariffs cost the company approximately $2.5 billion in the first nine months of 2025. These costs include not only duties on finished vehicles but also tariffs on...

Hungary's center-right opposition Tisza ‌party ​has a 10 percentage ‌point poll lead over nationalist Prime Minister Viktor Orban's ​Fidesz in January, two and a half months before elections, according to the latest poll. Fidesz had stronger support only among ‍voters older than 59 and ​living in villages and small towns, the poll released Monday evening found. Populist Orban who has been...

NATO Secretary-General Mark Rutte says Europe is not capable of defending itself without U.S. military support and would need to more than double  military spending to be able to do so. If anyone thinks here … that the European Union or Europe as a whole can defend itself without the U.S., keep on dreaming. You can't," Rutte told EU lawmakers...

Canada exists only because of the United States of America, and Europe is sinking, it has become unrecognizable, it is going in the wrong direction, it risks dying civilizationally, and if it hadn't been for the USA, by now Europeans would be speaking German. This is how Donald Trump and his administration relate to his country's two key partners, partners...

Defense Minister Radu Miruță was forced to defend himself on Monday after he appeared to present former Romanian dictator Nicolae Ceausescu as a patriot. “I didn’t express myself well,’’ he said backpeddling on an answer he gave in an interview to a question about Ceaușescu being a patriot. “My aim was to dismantle arguments” that the former president, in power from...

Ursula von der Leyen, President of the European Commission, has announced, speaking at a press conference in Cyprus, that a new European security strategy will be presented in the first half of 2026.  According to von der Leyen, the initiative aims to consolidate existing expertise to better reflect changing geostrategic realities and to assess geopolitical developments in order to deliver...

The Council of Europe’s Group of States against Corruption (GRECO) has called on Romania to step up efforts to implement outstanding recommendations aimed at cracking down on  corruption among lawmakers. In report issued on Jan. 22, GRECO says Romania has fully implemented eight out of 13 recommendations contained in the Fourth Round Evaluation Report, adopted in 2015, on the prevention...