During adolescence individuals face multiple stressful events, but it is not clear how these impact adolescents' adjustment and what factors buffer their negative effects. The present exploratory study investigates the relationship between frequency, proximity, and intensity of negative life events and occurrence of internalizing symptoms in a sample of Romanian adolescents. 2690 youth aged 15-16 from capital city of Romania filled in a series of measures from Youth in Europe Study. Hierarchical regression was employed to test for the explanatory value of individual (gender and family status), relational (parents and peer support), and negative life events on depressive and anxiety symptoms. Frequency and proximity of negative life events explained 35.8% in the displaying of depressive symptoms. After controlling for individual and relational variables, occurrence, proximity, and intensity of negative life events significantly contributed to explaining heightened anxiety symptoms (R2 = .246). Adolescents reporting more frequent, earlier in time and more intensive negative events also reported more depressive and anxiety symptoms, thus, supporting the relationship between occurrence of adversities and negative mental health outcomes.