Irina Vilcu

Romania’s premier-designate Siegfried Muresan said he’ll seek a parliamentary vote of confidence in his proposed cabinet early next week, in an attempt to end a drawn-out political crisis that’s undermined the Black Sea nation’s economy.

Moldova has no plans to join NATO and wants to remain neutral, said Prime Minister Vasile Tofan, pushing back against Russian claims that it’s seeking membership in the western military alliance.

Romania’s months-long political crisis is headed into unchartered territory on Wednesday as lawmakers are set to reject another candidate for a prime minister.

Romania’s bonds and stocks rallied after S&P Global Ratings maintained an investment-grade credit score for the sovereign, providing a relief to the country struggling to overcome a political crisis.

The biggest party in the Romanian parliament is conditioning its support for new prime minister-designate Luca Niculescu on a clear commitment from its two former coalition allies to follow suit, signaling it’s ready to return to a ruling alliance.

Romanian Premier-Designate Luca Niculescu took a major step toward securing the majority needed to get his cabinet approved in parliament after former ruling parties promised to back him and end months of political deadlock.

Romania reported that a second commercial vessel caught fire near its territorial waters in the space of 12 hours, amid a rise in suspected drone strikes in the Black Sea.

Romania blamed Russia for increased drone strikes against commercial vessels in the Black Sea after a second cargo caught fire near its territorial waters in the space of 12 hours.

Romania is poised to break a months-long political impasse and get a new government that will be under pressure to retain investor confidence and avert a renewed economic crisis.

A Ukrainian-crewed vessel sank near Romanian territorial waters after a drone strike, killing one, in the latest such attack in the Black Sea for which President Nicusor Dan has blamed Russia.