CĂUTARE (124)

The National Bank of Romania revised the inflation forecast for the last quarter of the year to 3.8%, from 3.5% as previously estimated, but the general downward trend in inflation remains, with the Consumer Price Index set to reach 3.1% in the...

The year 2024 was marked by economic-financial and socio-political convulsions, which accentuated Romania's vulnerabilities in the face of domestic and international challenges. From the alarming budget deficit to the uncontrolled increase in...

The second half of 2024 represented a critical turning point for Romania's economy and political stability. In an attempt to counter the ever-expanding budget deficit and ensure macroeconomic balance, the government implemented a series of...

• October 4 

Over 9.4 million citizens who went to the polls on November 24 had their options canceled by the Constitutional Court of Romania, which, after validating the first round of the presidential elections on December 2, reversed its decision on...

Prime Minister Marcel Ciolacu declared yesterday, after the meeting with Deputy Prime Minister Tanczos Barna, Minister of Finance, that the budget for the current year will be built with caution, so as to fall within a 7% deficit, according to...

The Parliament established following the 2020 elections ends its four-year mandate today, a period that can be characterized as one marked by major crises such as the Covid-19 pandemic, the energy crisis following the war in Ukraine, political...

The balance sheet of his own government is a positive one, Prime Minister Marcel Ciolacu claimed yesterday, at the end of the government meeting, in a press statement in which he presented the main achievements of his mandate. Unfortunately, the...

• November 1 

The end of the calendar autumn was marked by the presidential and parliamentary elections that took place on November 24 and December 1. For this reason, in order to increase its chances before the election and to maximize the chances of its own...

Financial markets may be losing patience with Romania's high fiscal deficit, Daniel Dăianu, president of the Fiscal Council, warned, noting that the seven-year deficit reduction plan risks being too slow for some investors, Reuters reports....

In 2024, two reports were published, prepared at the request of the European Commission. The first report, coordinated by Enrico Letta, is entitled "More than a Market" and refers to the transformation of the single market into a true...

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...

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 national economy will register an economic growth between 1.2 and 1.8% at the end of 2024, much lower than the one announced by the Government, of 2.8%, based on the data provided by the National Strategy and Forecasting Commission , said...

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...

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 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...

Companies and natural persons who pay their outstanding main debts to the state budget by August 31, 2024, will benefit from the cancellation of the ancillary debts calculated for the payment obligations, according to the emergency ordinance...

• August 1st 

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 non-fulfillment of the milestones in the PNRR regarding the reduction of the threshold regarding the taxation of micro-enterprises (milestone 206), corporate governance (milestone 207) and the non-completion of the metro in Cluj Napoca will...

Situaţia deficitului bugetar excesiv pe care îl înregistrează ţara noastră, îndeplinirea condiţiilor pentru aprobarea cererii de plată numărul 3 din Planul Naţional de Redresare şi Rezilienţă, nominalizarea viitorului comisar european român şi...

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 escalation of the budget deficit indicates structural problems, which can only be remedied through urgent fiscal reforms that lead to budgetary consolidation, the Fiscal Council states in the report for the year 2023, published yesterday, a...

After the American vice president Kamala Harris presented at the end of last week her economic program as a candidate for the position of the president of the USA, we wonder if what is called the Simion Plan still looks like a utopia - as...

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...

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...

Yesterday, PepsiCo inaugurated the automated warehouse at the snack factory in Popeşti-Leordeni, an investment that amounts to over 100 million dollars. Following the implementation of the project started in 2022, three operational production...

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...

The lack of fiscal predictability is an acute problem for American investors in our country, the representatives of the American Chamber of Commerce in Romania (AmCham) stated yesterday, during the press conference in which they presented the...

In 2023, Romania's economy recorded a moderation in the growth rate, to 2.1%, which however remained relatively solid from a European and regional perspective. The twin deficits remained at high levels, while the annual inflation rate evolved...

The fact that we are in an election year does not influence the monetary policy decisions of the National Bank of Romania (BNR), which has proven to be independent, believes Lucian Anghel, Deputy CEO at Libra Internet Bank.

The National Bank of Romania is trying to gradually reduce inflation without disrupting the economy and creating a recession, Governor Mugur Isărescu said yesterday, during the conference where he presented the "Quarterly Report on...

The second month of spring was a stormy one for the PSD-PNL political coalition, which had to face the media revelations about how the doctor Cătălin Cîrstoiu - the candidate of both parties for the position of general mayor of the Capital - made...

Through the National Recovery and Resilience Program (PNRR), Romania has committed to carrying out tax reform in 2025. Until the elections for the Romanian Parliament in December 2024, citizens would have the opportunity to participate in an...

At the end of last year, our country recorded a budget deficit of 6.3% of the Gross Domestic Product, according to the latest consolidated report published yesterday by DG Ecfin, within the European Commission. Given that at the end of January...

Social convulsions have been a constant in the first three months of the current year, with a peak in January, when almost half of the country's major cities were blocked by farmers' and transporters' protests, which lasted for three...

Less than half of the member countries of the Organization for Economic Cooperation and Development (OECD) prohibit anonymous donations for political financing, according to the data published in the report Anti-corruption and integrity -...

Political decision-makers in Bucharest continued in the last month of the first quarter of the current year to adopt decisions regarding the extension of some price capping measures and to dilute the provisions of Law 296/2023 and GEO 115/2023...