INS: Net investments in the Romanian economy increased by 5% in Q1
Net investments in the national economy amounted to 18.447 billion lei in the first quarter of this year (Q1), up…
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Economics&Markets
AmCham: Keeping Romania in the investment grade category must be a priority of economic policy
The representatives of AmCham Romania consider that keeping Romania’s sovereign rating at “BBB- with a negative perspective” by Standard &…
FP asks the Parliament to reject the project that bans the sale of state companies’ assets
Fondul Proprietatea calls on the Chamber of Deputies, as a decision-making body, to analyze the potential negative effects of the…
Alexe: We have only one path that we will have to follow, that of the green economy
Romania has only one path that it should follow and that is of the green economy, said the Minister of…
The Q1 growth of 2.4% of the Romanian economy, based on consumption
The annual growth of the economy in the first quarter of this year (Q1), of 2.4% per gross series and…
German hydrogen strategy aims for global leadership in energy transition
Germany’s government has agreed on a national hydrogen strategy with a controversial focus on hydrogen made with renewable energies to…
Isărescu: The EU recovery package will have an important contribution in supporting our relaunch efforts
The future economic situation will depend mainly on developments in public health and their succession, and the EU recovery package…
INS: The seasonally adjusted unemployment rate rose to 4.8% in April 2020
The unemployment rate in Romania rose to 4.8% in April 2020, equaling the level of the second half of 2017,…
The number of companies that went into insolvency fell by 33% in the first four months
The number of suspended companies decreased by 39% in the first four months, compared to the same period last year,…
The post-pandemic economic crisis, an endemic recovery process and a catatonic year
Bogdan Tudorache Following the 2008 crisis, global economies have recovered gradually but differently, with the most affected being the emerging…
Holcim maintained its activity in Romania with no incidents caused by Covid-19
“During this period, our first thought was the safety of employees,” said Horia Adrian, executive director of Holcim Romania. “We…
EU recovery fund has green strings attached
The European Union’s proposed €750 billion fund to help the bloc recover from the coronavirus crisis will have green strings…
EU boosts ‘just transition fund’, pledging €40 billion to exit fossil fuels
The European Commission has increased five-fold its proposed EU fund to wean carbon-intensive regions off fossil fuels, with fresh cash…
Convergence program 2020: A 14% cut in economic activity in Q2 is estimated
The Romanian economy will register a severe reduction of activity in the second quarter of this year (Q2), of 14.4%,…
World Bank Group: 100 Countries Get Support in Response to COVID-19 (Coronavirus)
The World Bank Group announced its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to…
Anastasiu (AHK): Romania’s economy will no longer afford a total quarantine if we have a second wave
Romania’s economy will no longer afford new quarantine measures if there is a second wave of positive cases with coronavirus,…
Over 150 global corporations urge world leaders for net-zero recovery from COVID-19
About 155 companies — with a combined market capitalization of over US$ 2.4 trillion and representing over 5 million employees…
Cîţu: The European Economic Recovery Plan must be implemented quickly and without unnecessary conditionality
The European Economic Recovery Plan must be implemented quickly, without unnecessary bureaucracy and conditionality, focusing on high priorities, investment, the…
Cîţu: Romania managed an economic growth in real terms of 0.3%, which translates into an annual growth rate of 2.7%
The private sector in particular and the economy in general responded perfectly to the measures implemented by the government since…
Moneycorp: Economic recovery depends on stimulating FDI and exports
Romania must focus on encouraging domestic production and exports, in the context in which opportunities for “made in Romania” products…
EC: Public consultation on the trans-European energy infrastructure
The European Commission has launched on May 18th a public consultation to seek input on the revision of the Regulation…
Kurzarbeit model, discussed with employers and unions
The Kurzarbeit model (flexible work) was discussed with employers and unions, but was also presented to the Prime Minister and…
Steven Van Groningen: The forecast 6% GDP contraction is quite strong
The contraction of Romania’s Gross Domestic Product by 6%, estimated for this year, is quite strong, but we hope it…