INS: Romania’s trade deficit increased by almost 936 mln. euro in the first six months
Romania’s trade deficit reached 8.665 billion euro in the first six months of the year, increasing by 935.7 million euro…
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Economics&Markets
NBR: The worsening of the pandemic situation in the cold season may affect the evolution of the economy in Q4
The worsening of the pandemic situation with the onset of the cold season is expected to lead to the reintroduction…
NBR expects an inflation of 2.7% at the end of this year and 2.5% at the end of 2021
The annual CPI inflation rate for the end of this year and next is forecast at 2.7% and 2.5%, respectively,…
H. Adrian (Holcim): Green Deal means huge investment needs for cement plants
Holcim maintained its activity in Romania with no incidents caused by Covid-19. “During this period, our first concern was the…
Seasonally adjusted unemployment rate – 5.2% in June
The seasonally adjusted unemployment rate remained at 5.2% in June this year, a level similar to that recorded in the…
Insolvencies fell by 26.16% in the first half
The number of companies and authorized individuals in insolvency decreased by 26.16% in the first six months of 2020, compared…
PwC Top 100: Strong recovery in market value in the second quarter after the decline caused by the pandemic outbreak
The market capitalisation of the 100 largest listed companies in the world recovered strongly in the second quarter, recovering almost…
Cîţu: I guarantee that we will not ask for help from the IMF in 2020
Romania will not ask for help from the International Monetary Fund in 2020, said the Minister of Public Finances, Florin…
Cîţu: All state-owned companies will receive a notification to comply with GEO 109
The Ministry of Public Finance will send a notification to the state companies in order to comply with Ordinance 109/2011…
Vivian Nicoli resigns as member of the board of nominees of Fondul Proprietatea
Vivian Nicoli has resigned from her positions held within the Fondul Proprietatea’s Board of Nominees and Consultative Committees due to…
Markit: Economic activity in the euro area returned to growth in July
Economic activity in the eurozone returned to growth in July after easing restrictions to stop the spread of the coronavirus…
Minister of European Funds: We need to power up the engines on the capacity to implement projects
Romania has a not-so-happy history in terms of usage of European funds and, given the amount we have obtained in…
Elena Popescu, Energy Strategy Summit: PNIESC will be subject to strategic environmental assessment before having a final form
Currently, the Ministry of Economy and Energy (MEEMA) is working to coordinate the National Energy Strategy with the National Energy…
CFA Romania: The impact of coronavirus will be strongly felt until Q1 2021
More than half of CFA Romania’s analysts estimate that the impact of the coronavirus will be felt strongly by the…
Cîţu: The official estimate regarding the evolution of the economy remains at minus 1.9% for this year
The official estimate regarding the evolution of the economy in 2020 remains at minus 1.9% until the data of the…
Romania, among the EU countries with the strongest advance of industrial production in May
Industrial production returned to growth in the European Union and the euro area in May, after two consecutive months of…
Accenture: 66% of business leaders expect a quick recovery in Europe
Two-thirds (66%) of business leaders globally are optimistic that the European market will make a relatively fast recovery from the…
Sebastian Metz, AHK: The Romanian market is one of strategic importance for Germany
The Romanian market, and especially the energy market, is one of strategic importance for German companies, said Sebastian Metz, General…
The Work Pact – Conclusions after 2 years of debates throughout the country
Romania needs a solid restart, coherent and visionary structural reforms, say the representatives of the business environment present at the…
Cristian Bădescu: Romania has to diversify its resources and to increase its energy capacities
he zero emission target for the European Union in 2050 can only be achieved through a set of combined measures…
Cîțu: The Development Bank is part of a strategy to reorganize the entire package of state financial-banking companies
The National Development Bank is part of a strategy to reorganize all the financial-banking companies that the state has and…
World Bank has promoted Romania in the category of countries with high per capita incomes
World Bank promoted Romania in the category of high-income countries, after incorporating the developments in 2019 (per capita income of…
Florin Cîţu: Romania will register an economic decrease of 2-3% in 2020
The second quarter had a negative impact on expectations on the Romanian economy, but, as a whole this year, the…