decline

The global economy will shrink by around -0.5% this year after the exceptional first-half disruption caused by the Covid-19 pandemic with cyclical and structural implications for sovereign credit profiles, says Scope Ratings. Covid-19…

The exchange rate has hit a new negative record on Monday: RON 4.8242 for one euro. Last week, the national currency has decreased day by day last week, with analysts saying it will follow a similar trend in the upcoming period. Yet, the…

The National Bank of Romania (BNR) has included Coronavirus in its latest Inflation Report as a factor that might determine the decline of inflation this year. The new flu virus might prompt a slowdown of the global economy, said BNR…

Hit by increasingly stringent regulations, particularly for environmental purposes, the global automotive industry is facing a downturn and is being forced to reinvent itself, a Coface survey says. In a gloomy global economic context,…

Over 60% activity volume of Romanian micro-enterprises is achieved by companies with a turnover of up to 250.000 euros. Instant Factoring, the first Romanian online micro-factoring fintech,  has released a new study on the evolution of…

Vodafone Romania has announced the key performance indicators for the quarter ended June 30th, 2019, as reported today by Vodafone Group Plc. Starting 1st of April 2019 Vodafone Group, and so Vodafone Romania, is reporting under new…

2019 could bring a new real estate crash, specialists warn, arguing the market is already giving signs that the house sales have dropped dramatically in several cities, just like in 2008. Moreover, experts argue that the tighter credit…

The Foreign Direct Investments in Romania have dropped by 5,74 percent in the fist nine months of 2018, up to EUR 3,517 million (compared with EUR 3,731 million in January – September 2017), of which equity (including estimated net…

The corruption cases involving the chairman of the Romanian ruling party, PSD, Liviu Dragnea, has again been in the international media's limelight. This time, it's been The Washington Post that focused its attention on the situation in…

by Andreea Marinas The population of Romania continued to decline due to demographic causes and the decline increased in February when 10,137 inhabitants were lost. A way to reverse the ‘curse’ would be to increase the birth rate, in…