Vienna-based independent power producer Renalfa IPP has secured a 315 million euro ($370.3 million) holdco financing from a consortium of lenders led by the European Bank for Reconstruction and ...

The decline is likely a result of the government’s decision to cut the value of holiday vouchers which were used by tourists to pay for hotel accommodation, food, drink, activities and entertainment.

The hope is that Romania, which has a new coalition government plugged together by new centrist president Nicusor Dan, will ...