Romania’s Foreign Debt Exceeds EUR 150 Billion
For the first time in its history, Romania’s foreign debt exceeds EUR 150 Billion. This is over half of the country’s GDP and almost three...
Category : Finance
Largest Car Insurance Company in Romania Deprived of License by Financial Regulator, Forced to Enter Insolvency
Euroins Romania, the subsidiary of Eurohold Bulgaria, was deprived of its license by Romania’s financial regulator of the market, ASF, which also asked for Euroins...
Romania to Forbid Gambling Advertising
Stormy times are ahead for Romania’s gambling and betting industry if the newly initiated law is passed. According to its initiator, one Liberal senator, the...
European Commission Estimates 2.5 pc Annual Growth for Romania in 2023
European Commission published the winter economic forecast for 2023, with positive news for Romania and other European countries, except for Germany. According to the forecast,...
Venture Deals of Romanian Startups Grew 12 Times in 6 Years
According to the latest report on Romanian venture deals, the volume of transactions grew 12 times over the last six years. This is the encouraging...
Study: How Profitable Is It to Invest in Bucharest Stock Exchange?
Bucharest Stock Exchange – BVB is Romania’s stock exchange, located in Bucharest. Established in Bucharest in 1882, closed during communism, and re-opened in 1995, BVB...
Inflation Skyrockets in Romania: National Bank Hikes Key Interest Rate to 7pc
Inflation is uncontrollable in Romania, despite significant efforts of the National Bank. In its meeting of 10 January 2023, the Board of the National Bank...
Romanian Government Publishes Draft Budget for 2023
The Romanian Government kept its promise and published the draft state budget for 2023 on Tuesday, December 6. This is to ensure the budget for...
Romania is Ranked 39th among Most Attractive Markets for Green Infrastructure
Romania is 39th in the top 61 most attractive countries for green infrastructure investments, according to the ranking Index created by PwC recently in the Green...
Romanian Capitalism: 111-Year Shoe Factory Closes Its Doors
After 111 years of existence on the market, Clujana Company has stopped its business activity. The company was a factory established in 1911 in Cluj...
