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...
Tag : Finance
Bucharest Fitch Ratings 2022: BBB-, Recommended for Investments
On 26 October, the General Mayor of the Capital asserted that Fitch Ratings had affirmed the BBB- ranking for the municipality of Bucharest’s long-term rating...
Romania Recording Lowest Level of Financial Literacy
Romania is recording the lowest level of financial literacy in the region in 2022. The countries facing the same problem are only Rwanda, Nigeria, Venezuela,...
Financial Instruments in Romania: Promissory Note
Business relationships between professionals in Romania can bring several advantages and various inconveniences. The latter is often caused by non-compliance with financial obligations, so the...
How to Survive an Economic Crisis – Easy to Use Guide
Surviving an economic crisis can be pretty tough for most employees, and this post aims to help those concerned about how they should cope with...
Romania’s Economy Declines by 0.1% in Q4 2021
Gross domestic product in the fourth quarter of 2021 was lower, in real terms, by 0.1% compared to the previous quarter, Romania’s National Institute of...
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...
Romania Grants EUR 100 Million to Moldova in Non-Reimbursable Financial Aid
The Moldovan Government has recently approved an agreement with Romania, and Moldova is to receive EUR 100 Million in non-reimbursable financial aid. According to Deschide.MD,...
Why Buying a House is Less Profitable than Renting One
Buying or renting a house? When you have decided to move out from your parents’ house and have your own life, which one to choose?...
World Bank Forecasts 6% Growth for Romania in 2021
World Bank improved its outlook for Romania’s economic growth for 2021. According to their experts, Romania’s economy will grow by 6% this year. In April,...
