CĂUTARE (100)

Manufacturing activity in the euro area contracted more in March than in February, as demand continued to fall, according to the results of a survey published yesterday, Reuters reports.

The manufacturer of construction materials Prefab Bucharest (PREH) reported a net profit of 0.9 million lei for last year, well below the 7.7 million lei obtained in 2022, even though operating income rose by 22.1 %, up to 120.5 million lei,...

Japan has lost its position as the world's third largest economy to Germany as the Asian country unexpectedly entered recession, writes CNBC.

Germany plans to return to limiting net new borrowing next year, Chancellor Olaf Scholz said yesterday, after the parties in the ruling coalition reached an agreement on the budget after a month of difficult negotiations, reports Reuters....

The US stock market is in a pronounced corrective phase after a sustained appreciation in the early months of the year, but the US economy is shaping up impressively after a brief slowdown in 2022. US GDP estimates for the quarter the third are...

The Romanian banking sector is among the best capitalized banking systems in Europe, Bogdan Neacşu, General Manager, and President of the CEC Bank's steering committee, told us in an interview. According to him, there is liquidity on the...

• The quarterly dynamic of the GDP was +5.6% in the third quarter, about 50% of the EU growth 

The drop in global trade volume has slowed down in August 2020 as well, according to data from the World Trade Monitor report, published by the Dutch Institute CPB (www.cpb.nl).

Romania seems to be following in the footsteps of countries Covid-19 where it had an alert evolution. After, in the last day of September, the number of people tested positivewith the new coronavirus has exceeded the level of 2000, the biggest...

The Leu has reacted differently against various currencies, during the pandemic, with the EUR/RON exchange rate going up, while the opposite happened to USD/RON. The latter happened because of the weakening of the dollar against the Euro, during...

The aftermath of the political dispute in July made its negative effects fully felt throughout August. Due to the political indecision regarding the quarantine law that tormented the Romanian society in the middle of summer, we faced, last month,...

Wealth gaps at the level of the population have always existed. But this year, with the total disconnection between the markets and the real economy, the gap between the rich and the poor has become more than obvious - particularly in the US,...

The draft budget revision published at the end of last week sparked a series of pro and con opinions, especially in view of the increase of public expenditures by 18.2 billion lei, due to the pension point hike by 14% and the increase of...

The Ministry of Finance officially announced yesterday that it successfully raised USD 3.3 billion from foreign capital markets, which has led to Romania's public debt exceeding the 40% threshold in relation to GDP established by the law on...

The freezing of economic activity to stop the spread of the coronavirus epidemic led to the unprecedented contraction of global trade in April 2020, according to the World Trade Monitor report published by Dutch institute CPB (www.cpb.nl).

Tax experts warn the government that it should be prepared for an economic downturn of 8-9%. The Executive needs to be cautious and take into account a minimum level of contraction of the real GDP in 2020 of at least 3.5%, according to the 2020...

The European Central Bank (ECB) is currently drawing up back up plans to resume its bond purchase program, amounting to several trillion Euros, without the German central bank (Bundesbank), if the German courts force the Bundesbank to withdraw...

With few exceptions, the world's government have responded to the pandemic with a total quarantine. Medical experts claim that this has saved lives, economists claim that the measure has heavily affected the world's economy. Since the...

The blow dealt to Italy by the health crisis comes at a time when the country's economy and finance weren't exactly the most stable. Italy's public debt amounted to over 134% of its GDP at the end of last year, according to Reuters,...

Prices are falling for things people aren't buying and rising for things that they are", US economist Robert Wenzel wrote after the release of official US inflation data.

The biggest challenge for the world right now is to find a way out of the Covid-19 pandemic, with a focus on avoiding new epidemic waves after social distancing measures are loosened, says Andre Cappon, founding president of CBM Group of New...

Reporter: What impact will the coronavirus pandemic have on the economies?

Reporter: What is your view on the current economic situation?

The Covid-19 pandemic is considered by most people first of all an economic crisis and only secondly a health crisis, recent studies quoted by the World Economic Forum state.

A historic moment for the European Union, which starting with February 1st, will lose an important member of its community! After 47 years in the European Union and three years of negotiations and disagreements which turned into a political...

clueless state"

The US-China trade war will slow the growth of the global economy this year at the lowest annual rate since the 2008-2009 crisis, warned the International Monetary Fund (IMF).

When you've painted yourself into the corner, by ignoring the mistakes of monetary policy, yours and those of others, the only "effective" measure remains prayer.

Lately, it seems that not a day goes by without the international press pointing out the inability of the central banks before the adverse dynamic of the real economies worldwide and the increased volatility on the international markets.

• Interview with economist Lucian Isar 

In the first meeting with journalists this year, after last week's monetary policy meeting, Mario Draghi said that risks have increased for the economy of the Eurozone.

Reporter: Your Excellency, how would you describe the economic and diplomatic relations between Romania and Italy?

The lending boom in the second half of the last decade was caused by a combination of factors, with the most important being, according to the opinion of the NBR, the overall trend towards deregulation and laissez-faire worldwide, the full...

In his new year message, designated prime-minister Sorin Grindeanu promised urgent measures would be taken to increase the quality of Romanians' life. Isn't the irony of recent history cruel, when similar promises have been made in 2008,...

This month, in the Senate, several deputies have proposed a draft to amend the Law of public procurement acquisitions and of the Law concerning the concession of works and services, which would allow investigated companies to participate in the...

When banks feel threatened by the passing of new draft laws or when they urgently need the help of the state, the ghost of the imminent collapse of the financial and economic system is aggressively "pushed" before the public and the...

Over the last few days the dollar fell to a two-month low, amid the first "whispers concerning a new round of quantitative easing of the monetary policy in the United States", as written by Reuters.

Reporter: What effects do you think the cut of the Social Security Contributions will have in the economy and when it comes to the stability of the macroeconomic environment?

Reporter: The economy has entered a recession, after two consecutive quarters of economic contraction. How do you think the economy will evolve in the coming months, given a weaker harvest, the drop in investments, the drop in exports and the...