Romania Has the Biggest Retail Trade Volume Growth in EU in July
Not only that, but Romania is the only country in the South-Eastern Europe which registered an increase in the retail trade volume year-on-year for July,...
Tag : Romanian economy
Fitch: Level of Pension Hike in Romania Affects Country’s Rating
The amount by which Romania’s government will hike pensions in September and the level of political volatility are key to fiscal prospects for Romanian economy,...
Romania Could Use Turkish Infrastructure for Natural Gas Extraction at Black Sea
Recently, Turkish president, Recep Tayyip Erdoğan, announced that Turkey discovered an important natural gas deposit under the Black Sea. The quantity of the natural gas...
Romanian Hospitality Employees Protest Against the Restrictions to Work
Romania is one of the last countries in EU to refuse the re-opening of the restaurants. In fact, even Spain, Italy or France, countries which...
Romania’s Economy Falls 12.3% in Q2
Romania’s economy falls 12.3% in Q2 as compared to Q1 2020. Year to year, the fall in Q2 2020 as compared to Q2 2019 is...
Erste Bank: 8.5% Unemployment Rate in Romania in 2021, Higher than the Record from 1993
Erste Bank, the biggest banking group in the Central and Eastern Europe and the owner of the Romanian BCR reveals its estimates for the evolution...
Romanian Airline Companies TAROM and Blue Air to Receive EUR 124 M in State-Guaranteed Loans
The global air traffic decreased with 90% during the pandemic, which led to serious problems for the air companies, including the two big players in...
Romania to Invest EUR 9 B for Cernavoda Nuclear Plant
Romanian PM Ludovic Orban announced that Romania plans to continue the refurbishment of Reactor 1 from Cernavoda Nuclear Plant, but also to build two new...
Romania Loses 50% of the Grain Crop Because of the Drought, Exports Affected
Romania is the largest grain exporter in EU, after France. This year, though, as expected from spring, the drought severely diminished the grain crops by...
Romanian Ministry of Economy Starts Campaign Targeting Diaspora: We Have Jobs for You, Especially in Hospitality!
More than 1 million Romanians who were living and working abroad have come back home since the start of the pandemic. Some of them thought...
