Annual inflation rate dropped to 4.94% in June
The annual rate of inflation dropped, in June 2024, to 4.94%, from 5.12% in May, as food goods rose in…
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Economics&Markets
Alin Andries: MFP will launch new green bonds in 2025
The Ministry of Finance wants to launch Samurai bonds on the Japanese market this year, depending on the market context…
EU surpasses 50% renewable power share for first time in first half of 2024
Electricity industry association Eurelectric has released figures showing that 50 percent of electricity generation in the EU came from renewables…
Russia will temporarily lift restrictions on gasoline exports
Russia will allow refineries to continue exporting gasoline for another month because the domestic market remains well supplied, reports Bloomberg.…
Bulgaria is getting closer to joining the Eurozone
The Bulgarian Ministry of Finance expects the country to meet the inflation criterion required for entry into the euro zone…
Green energy should be used to make carbon-free products
Romania could have a surplus of energy from renewable sources if all the announced projects come on stream. But at…
Transelectrica: The major network incident in the Balkans did not affect Romania
The major network incident that led to a power outage in the networks in Albania, Montenegro, Bosnia and Herzegovina and…
Marinela Drăcea, CIROM: Carbon capture is the key to Romania’s climate neutrality
Carbon capture, storage and utilization is the vital technology for Romania to achieve its goal of climate neutrality while maintaining…
Joining the OECD is Romania’s most important strategic goal after EU and NATO integration
Accession to the Organization for Economic Cooperation and Development (OECD) is Romania’s most important strategic objective after integration into the…
EU to announce tariffs on electric vehicles from China
The European Commission will reveal this week what additional tariffs it plans to impose on Chinese electric vehicles over what…
Luca Niculescu: Romania’s OECD accession process does not suffer from any delays
Romania is not behind in the accession process to the Organization for Economic Cooperation and Development (OECD), but the most…
Europe remains dependent on gas imports in a market with volatile prices
Dependence on energy imports in Europe has not undergone significant changes in recent years, with Europe remaining heavily dependent on…
Romanian inflation rate continues to record the highest values in the region
In Central and Eastern European markets, inflation is expected to rise or remain above the central banks’ target ranges until…
EU: Renewable energy replaced 20% of fossil fuel production in five years
Wind and solar power production in the European Union increased by 46% from 2019 to 2023, displacing a fifth of…
Energy strategy up for public debate and adopted by end-June
The National Energy Strategy will be put up for public debate in two weeks, to be approved by Government Decision…
E.ON: 77% of Romanians want to install solar panels or heat pumps
The energy efficiency of the home has become a major concern for many households, with 80% of Romanians stating that…
The Government is working on the Green Industrial Plan for Romania
To meet its commitment to reduce greenhouse gas emissions by 90% by 2050, Romania needs to focus on a few…
Luca Niculescu, on Romania’s accession to the OECD: We are on schedule, the process is very alert
Romania is “on schedule” regarding the accession process to the Organization for Economic Cooperation and Development, and now we are…
Two Chinese firms to invest 2.7 bln euro in Serbia’s energy sector
Serbia’s government said on Thursday that it signed two agreements with Chinese companies that will enable new investments in the…
Russia’s oil industry suffers from staff shortages following mobilization
Russia’s oil and gas industry was crucial to financing the invasion of Ukraine, giving the Kremlin the funds it needs…
EU economy is recovering, the eurozone is recording the best pace of the last year
Economic activity in the euro area recorded the fastest growth rate in April in the last year, with the advance…
Bulgaria’s Eurozone entry likely delayed to 2026
Experts suggest that Bulgaria’s admission to the Eurozone is more realistic in January 2026, according to insights from Cinzia Alcidi…
FIC: The situation of public finances remains fragile, the deficit target risks not being reached
The situation of public finances remains fragile and generates concern that the budget deficit target for this year risks not…