FINANCIAL

The GDP in 2018 is double against the one in 1989, National Bank Vice-Governor Liviu Voinea said on Tuesday, during the debate ‘A century of sincerity. Recovering the lost memory of Romanian economy: 1918-2018’. He mentioned that it is about ...

The annual inflation rate fell in November to 3.4%, down from 4.3% in October, when the prices of non-food goods grew by 4.24%, the prices of foodstuff by 2.86% and services recorded an advance of 2.5%, the National Statistics Institute ...

The National Bank of Romania (BNR) will complete this year two issues – related to price stability and to financial stability, Governor Mugur Isarescu has said on Monday when presenting the report on financial stability. He added that most likely ...

The trade balance deficit in the first ten months of 2018 was of EUR 11.845 billion, by EUR 1.62 billion larger than in the similar period last year, the National Statistics Institute (INS) informs on Monday. During the interval, the ...

The National Statistics Institute (INS) has confirmed on Friday the estimates released at mid-November regarding the 4.3% economic growth, as gross series, in Q3 against the same period last year. Thus, in Q3 2018, the GDP increased by 4.3% as ...

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has decreased on Thursday to 3.08%, down from 3.09% in the previous session, according to the figures released by the National Bank of Romania ...

The Competition Council (CC) has announced on Tuesday it has fined nine insurance companies and the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) by RON 246,739,195 (approx. EUR 53 million) for violating the national and European regulations ...

OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP Bank Romania becomes the distributor and paying agent in Romania for mutual investment funds managed ...

The execution of the consolidated state budget in the first ten months of 2018 has concluded with a budget deficit of RON 20.8 billion, i.e. 2% of the GDP, the Finance Ministry has announced. In the same period last year ...

Fondul Proprietatea on Thursday criticized the recent decision taken by the General Shareholders Assembly of Engie on 28 November 2018 against its proposal to list its 12 percent stake in the company “Fondul Proprietatea is disappointed with the decision taken ...