Romania
Distrust of Romanian government keeps protests going
Negotiations with farmers’ and truckers’ groups fail to end convoys and blockages protesting over a myriad of issues
RomaniaAustria still stalls Bulgaria-Romania Schengen deal
Vienna’s reiterated demands dash hopes in Sofia and Bucharest of partial admission into the Schengen zone
AustriaRomanian fiscal and external deficits will remain wide
The government has been unable to make much impression on persistently wide budget and current account deficits
RomaniaProspects for Black Sea security in 2024
Russia’s naval superiority in the region is in doubt as its fleet is being eliminated by Ukrainian missiles and drones
RussiaPoland, Czechia and Hungary may join euro, but not yet
Non-euro CEE countries either can join but lack the political will, or have the will but fail the economic criteria
Eastern EuropeRomania’s banking sector will consolidate
UniCredit and Intesa Sanpaolo have expanded their Romanian operations, acquiring smaller banks
RomaniaSouth-eastern Europe will focus on cross-border links
Bulgaria, Greece and Romania's prime ministers pledged to develop their countries' road, rail and energy connections
BalkansUkraine war will shift Black Sea naval balance
Russia's setbacks in Ukraine have shifted the naval balance of power in favour of the West and Ukraine
Ukraine