Too Much Money in the State Account: Romania Could Transfer Energy Profits to Ukraine
Romania is considering the possibility of directing part of the profits of energy companies to the restoration of the energy infrastructure of Ukraine. This is...
Tag : Romanian economy
EC Spring Economic Forecast for Romania
Growth is set to continue, albeit slower than in 2022, due to persistent inflation, tight financing conditions and low growth in trading partners. This is...
Romania’s Finance Minister Contradicts Prime Minister Ciuca: “There Is NO Hole in the Budget”
Romania’s finance minister Adrian Câciu contradicts Prime Minister Nicolae Ciucă, who admitted there is a hole in the state budget. The minister of European Investments...
Romania’s Government Considers Salary Cuts, Layoffs in Budgetary Sector
Salary cuts or layoffs – these are the solutions considered by the Government. The Minister for European Investments and Projects, Marcel Bolos, presented the information...
Romania’s Industry Undergoes Sharp Contraction
Despite the projected economic growth, Romania’s industry is sharply contracting. As revealed by BNE, Romania’s industry is the worst performer in the CEE region. According...
Romania’s Foreign Debt Exceeds EUR 150 Billion
For the first time in its history, Romania’s foreign debt exceeds EUR 150 Billion. This is over half of the country’s GDP and almost three...
Crisis in the UK Means Business in Bucharest: A Machester Story
Romania is a country which seems to cope very well with the current regional and global context. Despite the war at its borders and the...
European Commission Estimates 2.5 pc Annual Growth for Romania in 2023
European Commission published the winter economic forecast for 2023, with positive news for Romania and other European countries, except for Germany. According to the forecast,...
Romania’s Trade Deficit Reaches EUR 31 Billion
Romania’s trade deficit, one of the most important economic indicators for the strength of any country’s economy, skyrocketed in 2022. The trade deficit in the...
Azerbaidjan – Romania Green Energy Transport Agreement Signed in Bucharest
On Saturday, December 17, the Agreement between the Republic of Azerbaijan, Georgia, Romania, and Hungary regarding the Strategic Partnership in green energy development and transportin...
