President-elect Nicușor Dan officially resigned on Friday, May 23, from his role as general mayor of Bucharest. Also, in the extraordinary session of the Bucharest General Council (CGMB), council members appointed deputy mayor Stelian Bujduveanu (Liberal,

Although Dan’s come-from-behind victory has halted Romania’s slide into autocracy for now, it does not resolve the deeper political crisis facing the country. Simion received 5.3 million of the 11.5 million votes cast.

A pro-European Union centrist pulled off an upset in Romania’s presidential election, beating out a hard-right nationalist who had channeled people’s anger at the political establishment to surge in t

Vastint Romania has officially launched the second phase of its flagship urban regeneration project, Timpuri Noi Square, in Bucharest. The new development will add over 60,000 square meters of gross leasable area (GLA),

BUCHAREST, Romania (AP) — Nicusor Dan, the former civic activist and pro-European Union centrist politician who defied the odds to decisively defeat a hard-right nationalist in Romania’s critical presidential race, has emerged as a counterforce to the right-wing populist wave sweeping across Europe.

There was a wave of euphoria and relief across Europe following the election of pro-European liberal Nicusor Dan as Romania’s new president. Moldovan President Maia Sandu echoed the sentiment: “Congratulations,

But Romania's growth has steadily slowed since a post-pandemic bounce in 2021, and the European Commission forecasts its budget deficit at 8.6% this year and 8.4% in 2026, well above the government's 7% 2025 target outlined in a seven-year EU-approved plan.

A pro-European centrist has won Romania’s presidential election in a race seen as a key test of the country’s democratic direction.

The modern stock of leasable industrial and logistics space in Bucharest has almost quadrupled over the past decade to more than 3.6 million square meters, according to data from Colliers. The Romanian capital now ranks 7th among the most dynamic markets in the EU and 5th in terms of

Romanian centrist Nicusor Dan may have defied the odds to win the presidency, but now he faces an even more daunting task: forming a government that can implement years of painful austerity - and revenue-raising measures - to tame Europe's widest fiscal deficit.