Bloomberg Romania’s ruling party remains confident of leading the next government, despite coming a surprise second in elections that were dominated by the Covid-19 pandemic. With the coronavirus pulling turnout down to the lowest since communism collapsed, it was the opposition Social Democrats who proved most effective at mobilising their supporters, garnering 30% of the votes with almost 100% counted. ...

Bloomberg Poland’s coalition government is showing fissures over its decision to block the European Union’s $2.2 trillion spending plan, with a junior coalition partner repeating a stance that puts him at odds with the shot-calling ruling party. The stakes are high for Poland and fellow eastern EU member Hungary. Their opposition to tying the bloc’s budget and coronavirus rescue plan ...

Bloomberg The Bank of Korea (BOK) is facing mounting pressure to broaden its mandate for the first time in nearly a decade as global central banks are asked to tackle a wider range of economic issues highlighted by the pandemic. More than a dozen South Korean lawmakers are pushing for the passage of a bill to add employment stability to ...