CĂUTARE (398)

The funds attracted through the Romgaz bond issue, worth 500 million euros, will support the natural gas producer's entire investment plan, which amounts to almost one billion euros next year, said yesterday Răzvan Popescu, the company's...

The public debt/GDP ratio is a key indicator of a country's financial health, providing insight into a government's ability to manage its debt, while also shaping the flexibility of fiscal policy and playing a crucial role in influencing...

Banca Naţională a României (BNR) a revizuit în creştere prognoza de inflaţie pentru finele acestui an, la 4,9% faţă de 4% cât era prognoza anterioară, şi estimează o inflaţie de 3,5% pentru finalul anului viitor, la limita intervalului superior...

The National Bank of Romania (BNR) has revised upward the inflation forecast for the end of this year, to 4.9% compared to the previous forecast of 4%, and estimates inflation of 3.5% for the end of next year, at the limit of the range above the...

The Department of Analysis and Market Strategies of the brokerage house Goldring maintains its price target for the share of OMV Petrom (SNP) in the range of 0.78 - 0.82 lei, estimated in the spring, according to a report published at the end of...

The Dutch banking group ING Groep NV is launching a share buyback and dividend distribution program worth 2.5 billion euros, Reuters announces.

The Federal Reserve will not cut interest rates this year as much as markets expect because "embedded inflation" is too high, Larry Fink, CEO of Blackrock, the world's largest asset manager, told a conference call yesterday in Saudi...

In the context of the current economic and political tensions in Israel, generated in particular by the war with Hamas that began on October 7, 2023, the impact on Romania's economy is considerable, considering the close economic relations...

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 US dollar fell against most major currencies in 2024 as markets anticipated the first post-pandemic interest rate cut by the Federal Reserve.

More than half of global electricity will come from low-carbon sources by the end of this decade, according to a report published by the International Energy Agency (IEA). While this development marks major progress towards decarbonisation, the...

French-Italian-American carmaker Stellantis NV confirmed late last week that CEO Carlos Tavares will retire at the end of his contract, i.e. at the beginning of 2026, while announcing significant management changes as a result of not having...

The sovereign investment fund should focus on supporting the Romanian capital, emphasized the MEP and university professor Dr. Gheorghe Piperea.

• 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,...  

Major global investment banks are cutting their forecasts for oil prices this year and next as supply is expected to remain tight while the outlook for demand growth is weak.

The Board of Governors of the European Central Bank (ECB) decided, yesterday, to reduce the reference interest rate by 0.25%, marking a new step towards the moderation of the restrictive monetary policy, according to a press release issued by the...

Oil prices fell earlier this week to a level not seen since December 2021 after Brent crude fell 8% last week, according to Business Insider.

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 -...

Russia's economy is showing solid growth in many sectors while unemployment remains at a record low, statistical data released Wednesday showed, prompting Moscow officials to advance an upbeat outlook for the full year despite Western...

The Secretary General of the United Nations, Antonio Guterres, raised the alarm about the major problems facing the planet. Antonio Guterres has issued a global climate "SOS". The Pacific Islands Summit organized by the United Nations...

The eurozone economy made an unexpected advance in August as the boost from the Paris Olympics boosted the private sector to its best performance in three months. According to data published by Bloomberg, the Purchasing Managers' Index (PMI)...

Nature is increasingly difficult to control. Sydney, Australia's flagship city, is "vulnerable" to rising ocean levels in the context of global warming, according to a new government report. The state of New South Wales, where the...

The International Energy Agency (IEA) yesterday kept its forecast for global oil demand unchanged in 2024, but downgraded estimates for 2025, citing the impact of Chinese consumption, according to Reuters.

• "The inflation forecast does not look bad, but two words abound in the BNR press release - risks and uncertainties" 

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 share of new full-electric passenger cars among registrations reached 14.6% in 2023, marking a continuation of the rapid increase in the adoption of electric vehicles in the EU, Eurostat said in a press release issued at the end of last week....

Wildfires are spreading more and more across the globe. Spain entered this unwanted map. Hundreds of firefighters assisted by water-bombing aircraft are struggling to bring under control two wildfires that have been raging in eastern Spain since...

Russia has eased restrictions on capital movements, introduced to stop the significant depreciation of the ruble, Reuters reports.

U.S. investment bank Oppenheimer raised its year-end forecast for the S&P 500 to 5,900 from a previous estimate of 5,500, up about 6 percent from earlier in the week, according to an article published by Business Insider.

Banca de investiţii americană Oppenheimer şi-a majorat previziunea aferentă finalului de an pentru indicele S&P 500 la 5.900 de puncte, faţă de 5.500 de puncte cât era estimarea anterioră, cu circa 6% peste cotaţia de la începutul săptămânii,...

Tourism is facing problems related to the heat wave and its effects. Greece, a country that fears devastating fires this summer, has already suffered "more than twice as many" fires in June than in the same month of 2023 due to...

The sale of full-electric cars will continue to decrease compared to last year, due to subsidies cut in half, said yesterday Dan Vardie, the president of the Association of Manufacturers and Importers of Automobiles (APIA), during a press...

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...

Romanians spent euro36 billion in large retail chains, an amount 11% higher compared with 2022, out of which the FMCG spending accounted for euro22.5 billion euros (more than 60% share), according to the Romania Retail Snapshot 2024 performed by...

Interest in technology and mobile data consumption are at an all-time high. Growth is steady and by the end of this decade it will reach record numbers. The number of 5G subscriptions, globally, should reach almost 5.6 billion by the end of 2029,...

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 heat wave takes all the continents by storm. Vast regions of the central and eastern United States are bracing for a sweltering heat wave this week, with temperatures expected to be unusually high for June. "Temperatures will rise from...

The world is meteorologically in a transitional phase. The probability that the La Nina weather pattern, characterized by low temperatures in the Pacific Ocean, will develop between July and September is 65%, a US government weather agency...