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...
Tag : Romanian economy
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...
Romanian Minister of Finance: We Keep Our Initial Estimation of 1.9% GDP Drop for 2020
Despite the most recent estimations from the European Commission, which foresees a drop of 6% of the Romanian GDP, the Romanian minister of Finance, Florin...
Romanian Restaurant Owners Start ‘White Ribbon Protest’ Against Authorities
After being in lockdown for months, not being able to run their business, restaurant owners who were allowed to open only their terraces are now...
Does Romania Prefer Germany to the US as a Strategic Partner?
July 4th, the Independence Day and the most important American holiday, was celebrated in advanced in Bucharest. The reason for this is the fact that...
Romanian Government Promises EUR 100 B for 10 Years Economic Recovery Plan
Romania is one of the last European countries to announce its economic recovery plan. This is not something strange, though, as the Romanian president stated...
Romanian PM to Present Economy Relaunch Program on July 1
Romanian PM Ludovic Orban finally made the announcement waited by the Romanian entrepreneurs. On July 1 he will present the relaunching program of the Romanian...
