Romania

Hungary’s monetary policy will continue to diverge from other regional central banks in the short-to-medium term

Commission is more upbeat in Bulgaria’s judicial report than Romania’s, which pointedly urges adhering to past successes

PSD leader who has survived previous investigations may find EU-based investigation harder to turn aside

An illiberal ruling coalition intent on diluting EU influence is locked in combat with modernising elements

A cabinet that looked unqualified when it first took office in January risks testing working-class loyalty

Failure to address fundamental problems underlying uncollected VAT will frustrate reforms

Reshuffle removes deputy premier close to Dragnea but Tudose has not won outright over the PSD leader

The European Commission hopes a crackdown on VAT fraud and evasion could bring in an estimated 40 billion euros