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Romanian economy will grow by 2.9 percent this year, after an advance of 2.6 percent in 2014, says the World Bank Group’s Global Economic Prospects (GEP) report, released on Wednesday. In last year’s October, the institution has forecasted…

International retailers continue to selectively expand across Europe; as a general rule, in the last two years, for every two stores opened, one store has closed down, JLL’s Destination Europe 2013 report reveals. Central and Eastern…

The Romanian Government will provide any information it has about the alleged CIA detention facilities in our country, PM Victor Ponta told a meeting with the foreign journalists on Wednesday, yet adding that he has had no proof of such…

Romanian banks will continue in 2015 the process to eliminate bad loans from their balance sheets, an initiative started at the beginning of 2014, Fitch Rating informs in its report "2015 Outlook: CEE Banks". Results are not expected in…

Romanian government decided to put more accent on investment by allocating expenditures of RON 44.76 billion next year, by RON 8.7 billion more than in 2014, representing some 6.3 percent of GDP and a share in the total budget expenditures…

Bank fees are very high in Romania compared to other countries in the region, Competition Council sixth annual report about economic key sectors shows. The institution notes that an European Commission study in 2009 revealed that Romania…

UNICEF on Monday released “The Cost of Insufficient Investment in Romanian Education” study, conducted in collaboration with the Ministry of National Education (MEN). The report shows that, if costs of education in Romania will not…

The pace of change among Central Europe’s fastest-growing technology companies has been enormously rapid over the last year. This is clearly demonstrated in the 2014 edition of Deloitte’s CE Technology Fast 50 report, in which four of the…

Over the last two decades Europe's energy policy has consistently been geared towards achieving three main objectives: energy in the European Union should be affordable and competitively priced, environmentally sustainable and secure for…