Romania to lose €770mn in EU funds due to government crisis

Romania is set to lose €770 million in EU funds because the government hasn't passed necessary laws by the Monday deadline set by Brussels to approve the recovery funding. This delay highlights the political instability and governance challenges the country is facing. Missing this deadline not only impacts the immediate financial recovery plans but also reflects poorly on Romania's ability to comply with EU regulations, potentially affecting future funding and relations with the EU. For more details, check out the full article on the Financial Times website.