Romania, the EU leader in rising labor costs in Q4
The total cost of labor in Romania registered the highest increase among the Member States of the European Union (EU),…
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Economics&Markets
UGIR proposes to the authorities a package of measures to support companies
The General Union of Industrialists of Romania (UGIR) proposes a package of measures to support companies in the context of…
Cîţu: We are ready to provide guarantees for SMEs to have access to working capital with zero interest
The executive intends to grant SMEs guarantees to have access to working capital with zero interest, in the amount of…
Virgil Popescu: In the shortest time we will adopt the set of measures to support the companies
The Minister of Economy, Energy and Business has sent a message of confidence and responsibility in the context of the…
China’s industrial production recorded the most significant decline in the last 30 years, in the first two months of this year
China’s industrial production recorded the most significant decline in the last 30 years during the first two months of this…
Deloitte: The effects of the COVID-19 pandemic on financial markets
Bogdan Tudorache The International Monetary Fund (IMF) has announced that it is making available to emerging and low-income states $50…
Global stocks pull back from the edge after historic sell-off
A historic wave of selling in global stock markets eased on Friday as nervous investors looked to central banks and…
‘Business as Usual’ is not an option anymore. What then? (Gabriel Avăcăriței)
Coronavirus epidemic changed its dynamic during the last week, with huge impact all over the place. The stock markets lost…
Cîţu: We are prepared with fiscal resources and tools to face any challenge
Romania is ready with resources and fiscal instruments to meet any challenge, and at this moment is important the increase…
Tens of thousands of companies are at risk of becoming financially deadlocked if no action is taken
The advance of the coronavirus epidemic has already created significant problems in the Romanian economy, from transport, to the event…
Eurostat: Romania, the fourth economic growth in the EU in the last quarter of 2019
Romania posted, in the last quarter of 2019 (Q4), the fourth economic growth in the European Union, compared to the…
Moody’s: Coronavirus increases risks for European banks
The coronavirus outbreak will have a negative impact on European banks, as it will slow down economic activity, especially in…
Keep your focus and face all fears eyes wide open!
87 years later, the spirit of the US President Franklin D. Roosevelt is still alive and kicking! Not only when…
European markets closed on Monday at the lowest level in the last eight months
European markets have closed at the lowest level in the past eight months, after a significant decline in oil prices…
INS: Net investments in the national economy increased by 17.9% last year
Net investments made in the national economy amounted to 104,124 billion lei in 2019, increasing by 17.9%, compared to 2018,…
Fears of the coronavirus epidemic have joined the oil price crash, causing stock market declines in Bucharest
Fears of the coronavirus epidemic have joined the oil price crash, and this situation led to the Bucharest Stock Exchange…
Saxo Bank: In the best case scenario, the impact of COVID-19 implies a global technical recession
The representatives of Saxo Bank have considered three possible scenarios on the stock markets, as a result of the coronavirus…
Bode: Romania could attack at the EU Court of Justice the Mobility Pack 1
Romania is considering very seriously the attack of Mobility Package 1 at the Court of Justice of the European Union,…
Deloitte report: Proper workforce skills for Industry 4.0 remains a challenge, while climate change climbs in the top of the executives’ concerns
Workforce skills for the industry 4.0 remain a challenge for organizations globally, as executives still don’t fully understand the competences…
PwC: Romanian M&A market will grow though the sell of CEZ and Enel assets in 2020
Following a decline in 2018, the mergers and acquisitions market in Romania grew by 4% to a total value of…
RON remains above the psychological threshold of 4.8 lei for one euro, the gold reaches a historic high on Monday
The NBR posted on Monday a price of 4.8024 lei for one euro, lower by 0.02 subdivisions compared to the…
V. Popescu: We plan to approve the national energy strategy and the PNIESC by the end of April
The Government estimates that the National Energy Strategy and the Integrated National Plan for Energy and Climate Changes (PNIESC) will…