Romania Receives First Cubic Meters of Gas Extracted from Black Sea
The first natural gas obtained from the Midia Gas Development (MGD), Romania’s first new offshore gas development in over three decades, was delivered to the...
Tag : Romanian economy
Romania Chamber of Commerce’s President: We Are a Black Friday Country
Romania has become a Black Friday country, and the country’s brand seems to be on the verge of extinction. In Mihai Daraban‘s opinion, the president...
Trade Deficit in Romania Exceeds EUR 10 Billion
The registered trade deficit of Romania’s economy was 10 billion euros in the first four months of 2022, almost 3 billion euros higher than the...
IT&C Surprising Contribution to 6.5% GDP Growth in Romania
The Romanian National Institute of Statistics detailed on June 8 that Q1 GDP indicates 6.5% YoY growth and a significant contribution from the IT&C sector. The...
Romania’s Central Bank Warns about Risks to Economy
According to the Minute of the Board’s meeting on May 10, the Board of Romania’s Central Bank reasoned that if it intervened more strongly in...
Romania: What’s Hidden Behind the Biggest Economic Growth in Q1 in EU
The European Union’s economy grew by 0.4% in the first quarter of this year compared to the end of 2021. The increase is 5.2% compared...
Will Romania Introduce Higher or New Taxes in 2022?
Despite the assurances of the Romanian officials, it seems that Romania is moving faster towards higher or even new taxes. According to Adrian Vasilescu, the...
Inflation Rising in Romania: Prices up to 3,7% in April
According to the National Institute of Statistics, the inflation rate in April 2022 was 13.8%. Consumer prices grew by 3.7% in April 2022 compared to...
Romania’s National Bank Increases Monetary Policy Rate to 3.75pc following Double-Digit Inflation
In the meeting held on May 10, 2022, based on the currently available data and assessments, as well as in light of the extremely elevated...
Europe Day: Romania’s Place in European Union
Europe Day commemorates “peace and unity in Europe,” celebrated by the Council of Europe on May 5 and the European Union on May 9. On...
