Romanians’ Real Estate Wealth Reaches Record Level
Romanians’ real estate wealth reaches a record EUR 400 billion, the highest level of the last decade. Meanwhile, Romania has the highest rate of real...
Tag : Romanian economy
OECD Recommendations to Romania: Increase Taxes, Eliminate Fiscal Facilities, Raise Retirement Age, Increase Monetary Policy Rate
Not even a week has passed since the announcement of Romania’s starting accession negotiation to OECD that the organization has already begun recommending measures to...
Romanian Government Approves 100,000 Working Permits for Foreign Workers in 2022
Romania approves 100,000 working permits for foreign workers in 2022. It is the highest number of working permits ever approved by the Government for foreigners...
OECD Launches Accession Negotiations with Romania
The Council of the Organization for Economic Cooperation and Development (OECD) launches accession negotiations with Romania. This is considered one of the major recent successes...
Analysis: Romanian Economy Loses Confidence of Foreign Investors
Recently, one piece of concerning news for the Romanian economy went almost unnoticed: the direct investments in the country are exceeded by personal remittances of...
Top 7 Non-banking Financial Institutions Romania
We all encountered situations in which we urgently needed money. Crises usually get us unprepared, and lack of money is a problem. You can call...
Romania Is Once Again the Largest Grain Exporter in EU
Romania exported 4,000,000 tons of wheat in the agricultural year 2021. This is a difference of over 35% compared to December 2013. Romania produced a...
Millions of Energy, Gas Bills in Romania Are Inaccurate
On Monday, there was a debate about capping electricity and natural gas bills that skyrocketed after electricity market liberalization. This was during a meeting of...
Foreign Direct Investments in Romania Exceeded by Personal Remittances from Abroad
Romania is one of the European Union countries most dependant on inflows of personal remittances. Namely, the money sent to their families by the Romanians...
Under Inflationary Pressure, National Bank of Romania Increases Monetary Policy Rate to 2.0pc
The galloping inflation in Romania makes NBR – National Bank of Romania increase its monetary policy rate from 1.75% to 2%. This is the second...
