Economy · July 2026

Romania on July 23 reported a hacker attack that wiped its property registry, effectively freezing the real estate market. The attack disrupted digital records nationwide, halting transactions and property transfers. Authorities are investigating the breach, which has caused significant administrative and economic disruption. Russia curbed operations at the Novorossiysk port as Black Sea attacks pushed wheat prices up 4.5%. Bulgaria posted the worst quarterly budget balance in the EU. Telecommunications infrastructure company Vantage Towers appointed Simona Nijnic as managing director for Romania. Romania’s TTS completed a EUR 23 million expansion of the Constanta Port grain terminal. Bulgarian firefighters contained a major blaze near Asenovgrad.