Romania: Inflation Drops to 6.7%, Still Highest in EU
According to the European official statistics for March, Romania is the EU’s inflation champion. In March, Romania had the highest inflation in the European Union,...
Tag : Romanian economy
Bloomberg: Romania May Need the Rest of the Decade to Reduce Budget Gap
The budget gap in Romania has skyrocketed. In the most recent interview, Romania’s Finance Minister told Bloomberg that the country might need the rest of...
Romania’s External Debt Reaches New Record: EUR 168 Billion
In January – December 2023, Romania’s total external debt increased by EUR 25 billion to EUR 168 billion, of which: long-term external debt in end-December...
How Much Gold Is In Rosia Montana
UPDATE: Romania Wins Rosia Montana Case against Gabriel Resources Ltd In the heart of Romania, nestled within the Apuseni Mountains, lies Rosia Montana, synonymous with...
ING Forecast for Romania in 2024: Struggling to Balance Elections with Fiscal Consolidation
In an analysis published on Tuesday, January 9, ING offered its forecast for Romania 2024 and other countries. The document, named Growth in the Balkans,...
Romania’s National Bank Board Member: Romania’s Economy Grows on Investments
Romania’s economy grows on investments now, compared to private consumption, as it happened in the past. This is the opinion of Cristian Popa, Romania’s National...
Romania to Issue 140,000 Working Permits in 2024 for Non-EU Residents
Romania needs more workers from outside the European Union. According to a draft governmental ordinance, 140,000 employees outside the EU could be hired in Romania...
Doing Business in Romania? Socialists Drastically Changed Fiscal Code
When doing business in Romania, entrepreneurs are used to rules being changed during the game. Yet, no one could have predicted how Romanian Socialists, now...
Two Out of Three Romanian Companies Face Financial Problems
A study from Sierra Quadrant says that two in three companies in Romania face financial problems every month, and more than 90% of them do...
Romania: National Banks Maintains Monetary Policy at 7pc
In its meeting of 5 October 2023, the Board of the National Bank of Romania decided: to keep the monetary policy rate at 7.00 percent...
