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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 rigid approach of tightening the fiscal environment is the worst option the Government can take at the moment, said yesterday the participants at the press conference "What are we doing with the Romanian economy?", organized by the...

The rigid approach of tightening the fiscal environment is the worst option the Government can take at the moment, said yesterday the participants at the press conference "What are we doing with the Romanian economy?", organized by the...

The year 2025 is shaping up to be difficult for investors on the Bucharest Stock Exchange (BVB), with the major budget deficit of our country, which must be reduced through fiscal measures with a possible impact on companies, the economic...

The extremely high valuations of S&P 500 stocks are the "new normal" because the internal structure of the market is very different from what it was a few decades ago, says Savita Subramanian, an equity strategist at Bank of America...

NATO member states that do not increase their defense spending to 5% of Gross Domestic Product will no longer have US protection in the event of a conflict, US President-elect Donald Trump said at a press conference in Palm Beach, USA, according...

The Minister of Finance, Tanczos Barna, stated yesterday in an interview with Kossuth Radio, quoted by the Maszol publication, that the Ciolacu government will finalize the first version of the state budget by January 27, without resorting to tax...

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...

Fitch revised the outlook of our country's long-term foreign currency credit rating from "stable" to "negative" and maintained the rating at "BBB-", in a climate marked by political uncertainty, expectations of a more...

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...

Major global pharmaceutical companies such as Eli Lilly and Novartis have increased their research and development spending, according to the Global Innovation Index 2024, a report by the World Intellectual Property Office (WIPO).

Yesterday, in the plenary session in Strasbourg, the European Parliament approved the new European Commission for the 2024-2029 term, led by Ursula von der Leyen. The vote marks a landmark moment for Romania, as Roxana Mînzatu officially becomes...

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....

German group Thyssenkrupp AG plans to launch an initial public offering (IPO) of its shipbuilding division within a year, after plans to sell a majority stake in it to private equity firm Carlyle Group Inc. fell through, according to the...

The presidential elections in Romania, which will take place on Sunday, November 24, 2024, represent a crucial moment in defining the political direction of the country for the next five years, given the fact that, out of the 14 candidates for...

The distribution of personal wealth varies significantly across the world's regions, reflecting economic disparities driven by differences in development, resource availability and access to finance, according to an analysis by...

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...

Roxana Mînzatu, our country's proposal for the position of European Commissioner, successfully passed her hearing yesterday by the members of the Civil Liberties, Justice and Internal Affairs (LIBE), Labor Force and Social Affairs (EMPL),...

"It's about the economy, stupid," the slogan coined by political strategist James Carville during Bill Clinton's successful 1992 presidential campaign, still rings true more than 30 years later, according to a statista.com...

Europe faces a significant shortage of military personnel and an insufficiency of defense capabilities, despite increased spending on this sector since the beginning of the Russian-Ukrainian conflict, according to a report prepared by the British...

In a context of economic uncertainty and growing political tensions, the Chancellor of Germany, Olaf Scholz, made an unexpected move: the dismissal of the Minister of Finance, Christian Lindner, a decision that means the rupture of the governing...

Political leaders around the world reacted quickly to Donald Trump's victory in the US presidential election, with reactions varying significantly according to political orientations and national interests specific to each country. These...

Following the victory of Donald Trump in the presidential elections in the United States, political leaders in Romania emphasized in their congratulatory messages sent to the future American president the importance of continuing the strategic...

The 2024 US presidential election is defined by two diametrically opposed visions, represented by Republican candidate Donald Trump and incumbent vice president, Democrat Kamala Harris. Each proposes contrasting solutions to the challenges facing...

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...

The free market, without government restrictions, and governed by the rules of fair competition, is the essential condition for the economic growth of our country in the coming years, stated the participants at the conference "Competition in...

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 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 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 strengthening of the dollar may threaten the growth of the American stock market, believes Mike Wilson, the chief strategist for shares listed in the United States of Morgan Stanley, writes Business Insider.

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

A recent World Bank report shows an alarming situation for the world's 26 poorest countries, which are home to 40% of the people most affected by poverty. These economies have reached the highest level of debt in the last 18 years and face...

• According to the ECA audit of the EU budget last year, the additional costs for Next Generation EU loans will be between 17 and 27 billion euros • To finance this mechanism, the EU has borrowed 268.4 billion euros so far 

Ursula von der Leyen, the president of the European Commission, wants to centralize the allocation of funds from the EU budget in the period 2028-2034, which would lead to the cancellation of the financing of cohesion policy projects, which would...

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 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 US and China are two great powers of the world, but their sources of power vary significantly, according to a Ray Dalio analysis (Great Power Index 2024) that identified eight basic pillars that measure a nation's types of strength. These...

Elon Musk could become the world's first trillionaire by 2027, according to a recent report by Informa Connect Academy, cited by visualcapitalist.com. The report shows the projected path for the Tesla CEO and other billionaires to surpass the...

Nature "makes its head" everywhere in the world. Unusual weather phenomena are encountered at every turn. A 39-year-old woman has died of hypothermia after being stuck overnight in a minibus on a road badly affected by unusually heavy...

• 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,...