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Ukraine's economy grew by 4.2% in the first ten months of 2024 compared to the same period in 2023, thanks to the construction, transport and manufacturing sectors, the country's Economy Ministry announced, according to...

The preparation of the campaigns for the presidential and parliamentary elections that will take place on November 24, respectively December 1, led the Government to increase the amount of budget expenditures in the second month of autumn in...

Yesterday, the government approved the granting of "Innovation Vouchers (cheques)", totaling 8 million lei, to facilitate the purchase of research, development and innovation (RDI) services from research organizations by businesses. These...

Shares on the Tel Aviv Stock Exchange, Israel's only stock exchange, have risen steadily since the start of the conflict with Hamas, which has now expanded on several fronts, despite the country's downgrade, growing deficit and persistent...

The Ministry of Economy, Entrepreneurship and Tourism (MEAT) organized last week an information tour for nine tourism companies from the United States of America, with the aim of promoting Romania as a destination of interest on the American...

The upward trend of the indices of the Bucharest Stock Exchange (BVB), which started in the middle of last year, stalled in the third quarter, in contrast to the evolution of most western markets, which points to internal causes for the weak...

The third quarter of 2024 was marked by a series of major challenges for Romania's economy. High summer temperatures have led to increased energy consumption, and the government has taken drastic measures to cover energy needs, including the...

More than 30 months after the aggression illegally launched by the Russian Federation in Ukraine, the Government and the Parliament in Bucharest still do not have the necessary legislation - with a small exception regarding the powers of the...

The Romanian House of Agri-Food Trade "Unirea" represents one of the most ambitious and, at the same time, controversial government projects in Romania's agricultural sector, established in 2019 under the PSD government led by Viorica...

The dependence of our country on energy imports, in certain periods, and the need for capitalization of companies in the energy sector, so that they can increase the energy production capacity at national level, are the reasons why the Ministry...

The first month of autumn brought a series of economic and financial challenges for our country, especially in the context of a growing budget deficit, high inflation and volatility of energy prices. However, the Ciolacu government continued to...

The correction of the indices of the Bucharest Stock Exchange (BVB) that started in August continued in September, in contrast to the evolution of the main indices of the Western markets, which suggests the absence of internal growth vectors for...

The Tel Aviv Stock Exchange has gone through a period marked by volatility since October 7, 2023, but despite this, investors have maintained a cautious optimism, according to an article published yesterday by the website www.calcalist .co.il....

The volatility of electricity prices in Central and Eastern Europe will also be discussed by Eurelectric members, said in a press conference, Corneliu Bodea, the president of the Romanian Energy Center, who requested this from Kristian Ruby, the...

The national economy was characterized in the first semester of 2024 by a moderate growth in the food and industrial sector, a decrease in activity in the HoReCa sector and a growing trade deficit, according to the Half-Yearly Report prepared by...

The implementation of offshore wind projects in our country will have a positive impact on the labor market, they will employ between 21,000 and 77,000 employees depending on the application of the scenarios contained in the "Offshore Wind...

Our country's economy needs a sovereign investment fund, said Mircea Ursache, CEO of World Trade Center Bucharest and former President of the Authority for the Capitalization of State Assets, who proposed the creation of such a fund as early...

• Marcel Ciolacu: "84% of the deficit goes to the investment area" • The Fiscal Council: "Undersized expenses, overestimated revenues, cash budget deficit of 8% at the end of 2024" • With an additional allocation of 5.48 billion lei,...  

In an unstable economic context and marked by multiple challenges, the debate on the establishment of a Sovereign Investment Fund (SIF) was recently relaunched in the public space, a topic that will be extensively analyzed in an event organized...

The PSD-PNL coalition has given two governments since December 2021, Ciucă and Ciolacu, whose results are similar, with identical governance mistakes, although the leadership was different. Because both the PSD in the August 24 Congress and the...

The insolvency procedure of the Damen Mangalia Naval Shipyard (DSMa) was caused, among other things, by the Covid 19 pandemic which led to the cancellation of some contracts that the company was going to execute, Florin Constantin, Senior Partner...

The authorities in Bucharest intend to ask for compensation from the European Commission, due to the significant differences in energy prices between Eastern and Western Europe, the Minister of Energy, Sebastian Burduja, said yesterday, during...

The diversification of energy supply through the Green Corridor will lead to a cheaper price of energy in our country and in the region, stated Sebastian Burduja, the Minister of Energy, yesterday, during the press conference held at the end of...

Turkey has formally applied to join the BRICS group of emerging nations, seeking to strengthen its global influence and forge new ties beyond its traditional Western allies, according to sources cited by Bloomberg.

The long-term upward trend of the indices of the Bucharest Stock Exchange (BVB) entered a corrective phase in August, primarily due to the contagion with foreign markets that suffered a severe fall at the beginning of the month. The BET index, of...

The last month of summer was marked by a series of government decisions that continued to deepen the budget deficit, which - according to the budget execution for the first seven months published by the Ministry of Finance at the end of August -...

The aeronautical company IAR Braşov (IARV) reported, for the first half of the year, operating revenues of 240.2 million lei, 9% below those of the first six months of last year, while the net profit decreased by 59% , up to 14.3 million lei,...

The only solution is the privatization of the state companies in the defense industry subordinated to Romarm, if we want this sector of economic activity to modernize and become a competitive one, deputy Nicu Fălcoi (USR), vice-president of the...

The defense industry in our country urgently needs a financing of 250 million euros to retechnology and modernize, claims Constantin Bucuroiu, the president of the Alliance of Trade Unions in the Defense and Aeronautical Industry (ASIAA)....

The defense industry in our country does not produce as much as it is needed, and this fact leaves us exposed to an armed attack from Russia, military expert Aurel Cazacu, former director general of Romarm, told us.

• EU Harvest Decline 

The situation of the excessive budget deficit that our country registers, the fulfillment of the conditions for the approval of payment request number 3 from the National Recovery and Resilience Plan, the nomination of the future Romanian...

The projects to complete the Răstoliţa and Bumbeşti-Jiu hydropower plants will continue despite the opposition of the non-governmental organizations that are sabotaging the efforts of the Romanian state, declared yesterday the Minister of Energy,...

The indices of the Main Market of the Bucharest Stock Exchange (BVB) had slight increases in July, before the sharp fall at the beginning of this month, caused by factors external to our country.

The middle of the calendar summer constituted a real challenge for the national energy system, in view of the increase in electricity consumption due to a prolonged period of 10 consecutive hot days, when temperatures of over 40 degrees in the...

Yesterday, the government approved the Start-Up Nation 2024 program, with a budget allocation of almost 446.2 million euros, of which 80% are European funds from the Education and Employment Program 2021-2027 through the European Social Fund...

The projects regarding the modernization of equipment and the implementation of energy management systems within several companies in our country will be started soon, after yesterday the Ministry of Energy signed 27 financing contracts in this...

The Minister of Research, Bogdan Ivan, and the Minister of Economy, Ştefan Radu Oprea, visited the "Elie Carafoli" National Aerospace Research and Development Institute (INCAS) where they claim to have found solutions for building a drone...

• 1st January 

The social and political convulsions of the first three months of the current year left their mark on the entire semester, because the PSD-PNL coalition turned to the state piggy bank to calm them down. Thus, the Ciolacu government decided to...