Romania is set to lose €770 million in European Union (EU) Covid-19 recovery funds after missing a Monday deadline to pass public-sector wage and state-enterprise reforms required by the UN, the Finan...
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From the blockade of Cotroceni that costs us hundreds of millions of euros to the note of payment from the pump, Romania feels the full effects of the postponed decisions. Political failure of 770 million euros, the harsh warning from Moodys rating agency and the highest prices for fuel in the region – [...]