IMF: Unemployment in Romania to Rise to 5.6% in 2022
The International Monetary Fund (IMF), which reduced its October forecast of 4.8% growth, said Romania’s gross domestic product would increase by only 2.2% in 2022....
Category : International Business
S&P Affirms Romania’s Sovereign Debt to BBB-, Stable Outlook
Standard & Poor’s Global Ratings affirmed on Friday, April 15, the sovereign rating of Romania’s government debt to BBB- / A-3 for long-term and short-term...
World Bank Forecast: Romania’s Economy to Increase by only 1.9% in 2022
The World Bank has revised Romania’s economic growth initial forecast for 2022 from + 4.3% to + 1.95%. Due to the conflict in Ukraine, Russian...
Fitch Affirms Romania at ‘BBB-‘, Outlook Remains Negative
Bad news for Romania’s economy. According to Fitch Ratings, Romania remains at BBB- amid regional tensions and galloping inflation, with a negative outlook. In its...
Romania, Bulgaria to Import LPG through Greece Interconnection
The President of Romania, Klaus Iohannis, held joint press statements with the President of the Republic of Bulgaria, Rumen Radev, on Tuesday, March 15, 2022,...
Romanian Port of Constanta Takes over Commercial Traffic from Odessa
Constanta, Romania’s Black Sea port, is taking extra traffic of 6,000-7,000 containers per day that can no longer reach Ukraine’s ports, especially Odessa. Romania’s officials...
Romania to Withdraw from International Investment Bank where Russia is Main Shareholder
Romania will start the procedures to withdraw from the International Investment Bank. The Romanian Government speaker made the announcement on Saturday, February 26. The bank...
How Romania Could Be Affected by EU Sanctions against Russia
Following the military actions in Eastern Ukraine, the European Commission will decide on Thursday evening, February 24, the sanctions to be adopted against Russia. According...
MSD Romania Recognized as One of the Best Workplaces for 2021
MSD Romania, an affiliate of the American multinational pharmaceutical company developing and producing medicines, vaccines, biologic therapies, animal health products, has been certified as one...
5 European Pharmaceutical Companies Sanctioned in Romania for Anti-competitive Behaviour
The Competition Council in Romania has imposed fines on five international pharmaceutical companies with millions of euros after some investigations on Romania pharmaceutical market. The...
