Bucharest Fitch Ratings 2022: BBB-, Recommended for Investments
On 26 October, the General Mayor of the Capital asserted that Fitch Ratings had affirmed the BBB- ranking for the municipality of Bucharest’s long-term rating...
Tag : Romanian economy
Romania’s Gas Storage: 90% already Filled In
Romania accelerates preparations for harsh winter. Amid the energy crisis and the Ukrainian-Russian conflict near its borders, Romania must be ready for the worst-case energy...
Standard&Poor’s: Romania ‘BBB-/A-3’ Ratings Affirmed; Outlook Stable
In the latest report on Romania’s economy, the reputable rating agency Standard & Poor’s affirms Romania at BBB-, Outlook Stable. It is actually good news,...
Romanians’ Purchasing Power Decreasing in 2022
Romanians’ purchasing power fell during 2022, according to the latest study. The National Institute of Statistics revealed the data according to which Romanians’ salaries experienced...
Romania to Establish Its Own Development Bank
Romanian prime minister announced the establishment of the Development Bank, which the state will finance. The Development Bank is a Romanian institution with state capital...
Romania’s Digital Economy to Reach EUR 52 Billion in 2030
According to a recent report, Romania’s digital economy might increase by 3.5 times, in 2030, from EUR 14.8 billion in 2021. Currently, Digital Challengers on...
Romanians Start Saving Due To Price Hikes
Romanians started saving in 2022 due to the increase in prices, according to the study “Money Matters” carried out by Erste Group. In the context...
Romania Must Pay EUR 6 Million to Enter OECD
The cost of Romania’s Organization for Economic Co-operation and Development (OECD) membership will be close to EUR 6 million, which must be paid in the...
International Tourist Arrivals in Romania Decline
Tourism in Romania increased by 25% in the first seven months of 2022 compared to 2021. According to official statistics, the increase represents a significant...
Romania’s Foreign Debt Increases in 2022
Romania’s external debt rises by EUR 5,8 billion in the first seven months of 2022. More than half, over EUR 3 billion, was added in...
