ING sees clearer signs of macro rebalancing in Romania, but rating still at risk

06 August 2026 ING Bank, in a research update, pictures a quite optimistic macroeconomic scenario with growth rebounding to 2.3% next year from a 0.5% contraction in 2026, fiscal consolidation in line with plans this year and “reasonable chances” of close to full Resilience Facility money absorption despite implementat

The river has hit a record low in places amid prolonged drought

Romania blasts rocks to reroute cooling Danube water to nuclear reactor  Reuters

Hungary and Romania face energy crisis as record-low river levels force atomic power plants to reduce output Europe live – latest updates Romanian naval forces carried out a controlled explosion to help redirect vital cooling water from the drought-hit Danube to the country’s last working nuclear ⁠reactor, as neighbo

BUDAPEST/BUCHAREST, Aug 3 - Romania blew up a rock outcrop on Monday to help redirect vital cooling water from the drought-hit Danube to its last working nuclear reactor, as neighbouring Hungary said it might be able to eke out two more days of power from its only atomic plant.

Hungary's prime minister has warned the country is facing the "most critical five days ahead" with its sole nuclear power plant expected to be shut down this week due to record-low water levels of the River Danube.

Hungarian Prime Minister Peter Magyar said the country faces a critical five days as ‌its ‌sole nuclear power plant is halted for the first time in over four decades.

EUROPE-WEATHER-HUNGARY:Hungary PM flags 'critical' days ahead with looming nuclear shutdown

Romania scrambles F-16s as Russian drone crosses Ukraine's Danube River border  The Kyiv Independent

Hungary's sole nuclear facility has been offline due to unprecedentedly low levels of the Danube River. This shutdown exacerbates power shortages amid a fierce summer heatwave, prompting the government to urge both households and businesses to conserve energy. Consequently, Hungary must depend on costly electricity imp