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Mugur Isărescu

Mugur Isărescu

Governor of the Romanian National Bank, 58th Prime Minister of Romania (1999-2000)

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  • Aug 24

    Romanian central bank adviser warns of budget crisis and lost EU funds as PSD demands his dismissal

    Eugen Rădulescu warned that Romania faces losing billions of euros in European recovery funds within days, prompting the governing PSD to demand his dismissal from the central bank.

  • Aug 14

    Romania's GDP falls 2% year-on-year in Q2 2026, marking three quarters of stagnation

    Romania's GDP fell 2% year-on-year in Q2 2026 on a seasonally adjusted basis, marking three consecutive quarters with no quarter-on-quarter growth, INS data published on 14 August showed.

  • Aug 12

    Romania's annual inflation falls to 8.2% in July, first sub-10% reading in a year

    Romania's annual inflation rate fell to 8.16% in July 2026, the first sub-10% reading in a year, as a base effect from last year's energy price liberalisation eased the headline figure even as rents, fuel and coffee continued to climb sharply.

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Today’s Brief

Seven dead in Kyiv

Iran tests diplomacy as Russia pounds Kyiv and AI agents strain American guardrails

The day’s hardest news came from the choke points, both maritime and digital. Iran dangled a seven-day reopening of Hormuz, Russia hit Kyiv again, and American courts and companies kept discovering that rules written for slower systems now look thin.

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  • Explosion and building collapse in Athens

    Rescuers recover two more bodies from the rubble, bringing the death toll to six as investigators focus on a suspected gas leak in the historic center.

  • US-China summit in Washington

    Agree to reduce tariffs by 30 billion dollars after bilateral trade talks in New York, with full details scheduled for release on Monday.

  • Mount Etna eruption closes Catania Airport

    Extends flight suspension until 12:00 on Sunday, September 27, as volcanic ash continues to disrupt operations at Catania Airport.

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Other · Updated 42m ago

AI: capabilities, regulation, labour

No new discrete events this tick; signal event duplicates an existing chronicle entry and the one finding is unverified.

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