economy

Two-thirds of Romanians see immigrants rather as an opportunity for Romania because they help the economy by taking over those jobs not filled by Romanians and support the granting of financial incentives for Romanians from the Diaspora to…

In the context of the rapidly evolving global economy and significant shifts in tourist preferences, Romania faces a unique opportunity to leverage rural tourism as an engine for economic growth. While infrastructure remains a sensitive…

The Gross Domestic Product (GDP) increased by 0.1% in the second quarter of 2024, compared to the previous quarter, and in the first semester it increased by 0.7% compared to the similar period in 2023, on the gross series, and by 1.5 % on…

In her speech within the the Independence Day Reception tonight, the U.S. Ambassador in Bucharest, Kathleen Kavalec, hailed the strategic partnership with Romania and "the shared commitment to democracy" amid the upcoming elections in both…

Although the headline BCR PMI® indicated no change in the health of the Romanian manufacturing economy, more detailed data provided additional insights into operating conditions. Overall, demand for Romanian manufactured goods increased,…

Continental announced the start of work on the new production module in Sibiu, the seventh, with a planned investment of over 45 million euros. Part of this will be covered by state aid allocated to stimulate investments with a major impact…

According to a report from the European Bank for Reconstruction and Development (EBRD), the organization has maintained its projections for the Romanian economy in 2024. It cautions that the primary vulnerability continues to be the…

The International Monetary Fund (IMF) has downgraded its growth projections for the Romanian economy this year. The latest "World Economic Outlook" report from the IMF revises the estimate from 3.8% in October to…

In its macroeconomic quarterly report, Unicredit expect the Romanian economy to grow by 2.7% in 2024 and by 1.9% in 2025, with the government tightening fiscal policy only after this year’s elections. "Domestic demand will drive growth…

The year kicked off on a cautiously optimistic note, marked by a selective thaw following a quieter period. The Americas and EMEIA IPO markets had a bright start in 2024, increasing global proceeds. However, the Asia-Pacific region started…