[BUCHAREST] The Romanian government is moving forward with a plan to establish a sovereign wealth fund, a revised draft bill showed on Friday, a main policy goal of the ruling Social Democrats...

[BUCHAREST] The European Union presidency is bringing some unwanted attention for its current host.

ROMANIA will take over the European Union's (EU) rotating presidency on Jan 1 at a tumultuous time for the bloc, which is at loggerheads with the increasingly populist government in Bucharest...

ROMANIA, one of the European Union's poorest members, could emerge as an unlikely challenger to Russia's iron grip on eastern Europe's energy supply, thanks to vast oil and gas...