Nomura Investment Bank: Romania Could Face a Currency Crisis
Nomura Investment Bank warns Romania about a potential exchange rate crisis. Turkey is the first country hit by this sort of crisis, and the Turkish...
Category : Economy
Romania Registered the Biggest Economic Growth in EU in T3 Y/Y
Romania is, again, the European Union champion by the T3 economic growth, year over year. According to Eurostat, Romania registered an advance of 8% in...
Romania’s National Bank Increases Monetary Policy Rate to 1.75pc
On November 9, Romania’s National Bank decided to increase its monetary policy rate to 1.75%. The former policy rate was 1.50%. It is only the...
Romanian Startup ‘Bob Concierge’ Raised EUR 6 Million
Bob Concierge, the Romanian startup which has developed an intelligent retail system for automated devices that provide and sell products and services within residential complexes...
Romania To Cap Energy Prices
Romania’s Interim Prime-Minister, Florin Citu, announced a measure that he strongly rejected before the no-confidence motion: the energy prices are to be capped at the...
Romania’s External Debt Increased by EUR 6 Billion in January-July 2021
Romania’s external debt increased by more than EUR 6 billion in January-July 2021. This is huge, especially in an economic context like the current one....
IMF Expects Romania’s Economy to Grow by 7% in 2021 but Inflation Skyrockets
In its latest estimation of Romania’s economy, IMF predicts a growth of 7%. It’s a slight improvement compared to the IMF’s estimation in April when...
Romania’s Wheat Production in 2021 Reaches New Record
Romania is the second wheat producer in the European Union, after France. Year after year, Romania’s farmers contribute to these excellent results with their efforts....
Romanian Exports to the US Expected to Reach an All-Time Record
The Romanian exports to the United States are expected to reach an all-time record this year. The mid-year commercial balance data show an unprecedented growth...
NBR Expects Inflation to Grow Higher than Initially Estimated in 2021
The National Bank of Romania expects the inflation in the country to grow higher than the initial estimations. This is the conclusion of the monetary...
