Romania's attempts to restore investor confidence and lower the European Union's highest budget deficit have hit early hurdles in a year fraught with political jeopardy and the risk of losing its coveted investment-grade ratings.

Romania's ruling PNL party on Sunday nominated liberal politician Crin Antonescu as its candidate for the 2025 presidential elections. The event was held at the Palace of Parliament in Bucharest. Camera: ROBERT GHEMENT.

Romania is the third largest exporter of vacuum cleaners in Europe and ranks seventh worldwide, accounting for 2.26% of all vacuum cleaners exported to other markets, Ziarul Financiar reported. The data provided by The Observatory of Economic Complexity (OEC) platform is for 2022 and is the

Si Tirenii cu Sufletul de Crin (Young People with Lily Souls), this bilingual webcomic, comprises animations and drawings about the emotional turmoil that Mihail Sebastian endured, alongside the horrors of the Shoah in Romania,

The leaders of the National Liberal Party (PNL) validated, on January 25, in the National Council meeting, the candidacy of Crin Antonescu (65) for the presidential elections, which will take place in May.

The suspects allegedly hired 197 positions for a network of fake companies, in order to defraud EU and Romanian government subsidies aimed at helping the unemployed.

Among the stolen artifacts were three golden bracelets and the golden helmet of Cotofenesti, an elaborately decorated, solid-gold headpiece from the fifth century BC.

Romania faces mounting challenges in reducing its EU-leading budget deficit. Political instability and potential loss of investment-grade status from major rating agencies threaten to increase borrowing costs.

According to a study published in Nature Communications, faunal remains from Grăunceanu, part of the Tetoiu Formation, were analysed, showing cut marks consistent with hominin butchery techniques. The research team,

Romania is making strides in the archaeological world after new evidence confirmed the presence of ancient hominins in the country dating back two million years. The discovery was made at the Valea lui Grăunceanu site in Vâlcea County,

EU finance ministers approved Romania's deficit-cutting plan on Tuesday to bring its fiscal deficit below 3% of national output by 2030, a move Bucharest hopes will help reassure investors about its economic outlook and tame surging bond yields.

Scientists uncovered evidence of the oldest hominin presence in Europe in modern-day Romania nearly two million years ago.