economy

Governor of the Romanian National Bank (BNR), Mugur Isarescu has told the annual conference on the Competition Environment and Competitiveness in key sectors of the Romanian economy organised by the Competition Council and the Chamber of…

The new minister of Finance Florin Cîţu has announced on Thursday that the situation of the country's budget and economy exceeds the most pessimistic expectations, accusing that the economy has been led on two budgets in the past 3 years,…

The National Bank of Romania (BNR) has presented the new quarterly Inflation Report in a press conference today, 8 November, deciding to decrease the inflation forecast for the end of this year to 3.8%, while forecasting a 3.1% inflation…

The former Government left a budgetary deficit of RON 29 billion, said President Klaus Iohannis at the National Top of Companies Gala, organised by the Romanian Chamber of Commerce and Industry on Friday, while emphasizing on the need for…

In 8 EU Member States, "Industry" came first, whilst it accounted for at least a quarter of gross value added generated in these EU Member States, reads the latest Eurostat on Output of economic activities. Industry has the highest share…

Germany remains Romania’s no 1 commercial partner in the first half of this year, according to the National Institute of Statistics (INS) figures released by AHK Romania, counting for 23% of the total exports and over 20% of the total…

In 2018, economic activity in the CEE region continued its solid expansion that started in 2017. This was especially the case for Poland, Hungary and Latvia, recording GDP growth rates close to 5%. Other countries experienced a weaker pace…

High numbers of Fortune Global 500 companies in the CEE-6 are being largely driven from Automotive, Industry, Food, Beverages & Tobacco, Telecom & Media and Transportation sectors. According to the real estate consultancy company…

The leader of the Liberal deputies, Raluca Turcan, has announced on Tuesday that 118 PNL, USR, PMP and Pro Romania deputies had filed a request for an extraordinary session to be convened at the Chamber of Deputies, to discuss controversial…

The Fiscal Council has criticised the Government's budget rectification draft, warning there are significant risks for a higher deficit target than the one assumed of 3 pc of the GDP. "In the absence of some credible compensatory…