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agri food trade deficit

Large retailers under pressure: Romanian products, a priority on the shelf for Prime Minister Marcel Ciolacu

Large retailers must facilitate access for Romanian products to store shelves, said Prime Minister Marcel Ciolacu, following his meeting with Florin Barbu, Minister of Agriculture and Rural Development, at the end of last week. The Head of...

The high temperatures during the summer led to increased energy consumption, and the Government took drastic measures to cover the electricity needs.

The price of electricity is increasing due to the heat wave

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...

From the data in the report, we note that the food industry in our country registered a significant increase of 7.4% in the first six months of 2024, an evolution also supported by the 15% increase in production from the chemical industry between January 1 and June 30.

MF: More activity in industry, decreases in the HoReCa sector, growing trade deficit

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 BNR reduced the monetary policy interest rate by 0.25 percentage points

The Board of Directors of the National Bank of Romania decided on Friday July 5, 2024 decrease in the monetary policy interest rate to 6.75% per annum, from 7% per annum, starting from July 8, 2024, decrease in the interest rate for the credit...

Photo: US - China merchandise trade, 1985 - 2023 (billions of dollars)

The US trade deficit with China - at the lowest level since 2010

The U.S. trade deficit with China narrowed last year to its lowest level since 2010, as imports from the Asian country fell by more than $100 billion compared to the previous year, according to Statista.

Financial February: Ciolacu throws the Roşia Montană "firecracker" into the public space

Traditionally, the second month of the year should be marked by the beginning of the first parliamentary session and less by the visibility of the work carried out by the government, but the electoral year 2024 seems out of the ordinary, in view...

New taxes and fees

The new school year brought us new fees and taxes in the first month of autumn, following the fiscal changes assumed in the Government Parliament to reduce the budget deficit. Threatened by the European Commission with the cut of allocations from...

The schedule of economic recovery is accelerating

Following the emergency measures, the Government has launched a new phase to support the economy - grants for business development and to accelerate the computerization process, support for greenfield and for workforce employment,...