How EU – Mercosur Deal Affects Romania
After more than 25 years of negotiations, the European Union has provisionally greenlit the EU-Mercosur trade package, paving the way for signature and setting up...
Tag : Romanian economy
Romania’s Economic Crossroads: Navigating Insolvency Risks Amid Conflicting Voices
As Romania confronts mounting concerns about insolvency and fiscal instability in 2025, leading economic and political figures offer diverse perspectives on the country’s financial condition...
Romanians Abroad Send Record 2 Billion Euros Home in First Half of 2025
Romanians living abroad sent an impressive 2 billion euros back home during the first half of 2025, according to the Romanian National Bank (BNR). This...
Romania Surpasses Historic Public Debt Milestone Amid Escalating Fiscal Pressures
Romania has crossed a significant financial threshold, with public debt now exceeding EUR 200 billion, and fiscal sustainability has become an urgent national concern. The...
Economic Tsunami Hits Romania: Brutal Austerity Package Revealed by New Government
Romania’s government, led by Prime Minister Ilie Bolojan, has announced a comprehensive and brutal austerity package aimed at addressing the country’s record-high budget deficit. The...
Romania’s Presidential Runoff: Pro-European Victory and the Challenges Ahead
Romania’s dramatic presidential runoff has concluded with a clear victory for Nicușor Dan, the pro-European and reform-minded mayor of Bucharest. Dan secured close to 54%...
Moody’s Downgrades Romania’s Outlook to Negative: A Wake-Up Call for Fiscal Reforms
Moody’s Investors Service has revised Romania’s credit rating outlook from stable to negative, while affirming the Baa3 rating, the lowest investment-grade level. This decision reflects mounting concerns over Romania’s fiscal...
Romania’s Annual Inflation Rate Increases to 5.02% in February
Romania’s consumer price inflation rose to 5.02% year over year in February, an increase from the 4.95% recorded in January. This uptick was unexpected, surpassing...
Romania’s Supermarket Boycott: February 10-16
In a move echoing recent consumer activism across Europe, Romania has seen a call to boycott supermarkets in response to soaring prices. Inspired by similar...
A Blow to Investors: Romania’s Bold Tax Hike, Austerity Measures Spark Economic Turmoil
The Romanian government has introduced significant fiscal changes in an Emergency Ordinance published on Sunday, December 29, addressing budgetary constraints and enhancing fiscal stability. This ordinance...
