CFA Romania: Impact of the pandemic to last until next summer
The average exchange rate of the leu for the end of January 2021 is of 4.9 lei/euro and in July…
The average exchange rate of the leu for the end of January 2021 is of 4.9 lei/euro and in July…
Oil giant Exxon Mobil, which has been among the top 30 companies in the Dow Jones Industrial Average since 1928,…
The Competition Council will publish in the next period a black list of economic operators who have been involved in…
Emerson, a global technology, engineering and production company based in the USA, is expanding its investments and presence in Cluj-Napoca,…
The execution of the general consolidated budget in the first seven months of 2020 registered a deficit of 49.68 billion…
The Minister of Economy, Virgil Popescu, said on Tuesday, in Găeşti, Dâmboviţa County, that one of the scenarios considered for…
As the impact of COVID-19 is felt more and more, companies are focusing on recovery, but only those that accelerate…
German energy industry association BDEW says a steady expansion of renewable power capacity is necessary for the country to reach…
European Commission has presented to the Council proposals for decisions on granting financial support, amounting to 81.4 billion euros, under…
Central European private equity funds have reached the lowest level of confidence since the global financial crisis in the context…
The Ministry of Labor and Social Protection received 3.57 billion lei more than the initial budget, and the Unemployment Insurance…
Romania will end the year 2020 with a smaller deficit than the European Union countries and will be the country…
The Ministry of European Funds (MFE) has invited over 1,100 participants to transparent public consultations, following which it is decided…
Statistics show an adjustment of the economy in the second quarter of this year at the most severe pace since…
Romania’s economy recorded a decline of 12.3% in the second quarter of this year (Q2) as compared to the first…
Bogdan Tudorache The government will approve an Emergency Ordinance on Friday, which will bring some necessary changes to implement the…
The direct investments of non-residents in Romania decreased to 352 million euro in the first half of this year (H1),…
More than half (53%) of Central and Eastern European (CEE) entrepreneurs predict revenue declines over the next year due to…
Total industry turnover (internal market and external market), in nominal terms, decreased by 14% in the first six months compared…
The pandemic affected revenues and sales of more than 55% of companies, and 39% had to temporarily shut down, Andrei…
The annual inflation rate rose to 2.8% in July this year, from 2.6% in June, given that food prices rose…
Half of the 2020 budget deficit is the cost of the economic crisis, and this cost has two components, an…
Romania will avoid the technical recession and will have a smaller contraction of the economy than the public estimates made…