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...
Tag : Romanian economy
Billions of Euros in European Funds to Alleviate Energy Poverty in Romania
In the coming years, Romania has unprecedented European funds amounting to billions of euros to transition to a low-emission energy sector, Energy Industry Review reports....
“Romania Unfolds”: First Romanian Documentary Mini-series on Local Sustainability
The “Romania Unfolds” platform revolves around a mini-series of 6 video documentaries which uncover impactful stories of communities that have solved specific, local challenges by using...
Romania’s Renewable Energy Industry Soars 69% in 2022
The cumulative operating revenue of Romania’s renewable energy sector surged by an annual 69% to 9.6 billion euros ($10.1 billion) in 2022, as rising electricity...
Romania’s Finances Hit Rock Bottom: Government Prepares New Taxes
Romania seems to have hit rock bottom. Apart from the massive lay-offs prepared in the public sector, Romania’s Government is preparing insane taxes for entrepreneurs...
Educated Romania: More Casinos than Pharmacies and Schools Combined
The pharaonic project with which the current President boasts, Educated Romania, has just started. Though announced when Klaus Johannis ran for presidency nine years ago,...
MEP: Romania Has Zero Absorption Rate from 2021-2027 Framework
If one wants to understand how the Romanian state functions, one should look at the way the state accesses and spends the available European funds....
Romania Takes Socialist Measures to Protect Population from Hyperinflation: Food Prices to Be Capped
As soon as the new Government was sworn in, the first socialist measures were about to be introduced. To do so in a capitalist economy...
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...
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...
