BNR raises interest to 5.5%, inflation will cap in Q3, following a gradual downward trend
Board of the National Bank of Romania decided to increase the monetary policy rate to 5.50 percent per annum, from…
Isărescu: Energy energy price surges are both inflationary and recessionary, we work with all the tools to keep the situation under control
Energy price increases are both inflationary and recessionary, and the NBR is working with all instruments to keep the macroeconomic…
Adrian Vasilescu: Energy continues to fuel inflation around the world
Energy continues to fuel inflation around the world, and it is likely to see it decline at the end of…
C-Bank increases the key interest rate to 3.75% per year
The Board of Directors of the National Bank of Romania decided on Tuesday to increase the monetary policy interest rate…
Foreign direct investment increased by almost 10% in the first two months of 2022
Foreign direct investment increased by 9.7% in the first two months of this year, to 926 million euro, compared to…
Popa: Energy prices have been passed on in foods, NBR tries to counterbalance the effects
Energy prices have been transmitted to food, while services have felt less shocked, being less energy intensive, but the NBR…
NBR decided to increase the key-interest rate at 3%, estimates a further rise in prices
The Board of the National Bank of Romania, having convened for the meeting of 5 April 2022, decided to increase…
Suciu: Inflation has reached 8.5% in Romania, but it is a global phenomenon
Inflation rose in February 2022 in Romania as well, reaching 8.5%, but it is a general global phenomenon and the…
The 3-month ROBOR index has risen to its highest level in nine years
The 3-month ROBOR index, according to which the cost of most loans is calculated, rose on Friday to 3.78% per…
NBR: Inflation will exceed 11% in June, amid rising energy prices
The annual inflation rate is expected to sharply increase in the second quarter of 2022, to 11.2% in June, compared…
Finance announces “mix of measures” so inflation doesn’t hit double-digit
The Minister of Public Finance, Adrian Câciu, hopes that at the beginning of March the Government will have prepared a…
C-Bank forecasts inflation of 9.6% by year-end
The central bank of Romania (BNR) forecasts an inflation rate of 9.6% by the end of this year, of which…
World Bank: Romanian economy expected to advance 4.3% this year
The Romanian economy is expected to grow by 4.3% this year, compared to a 4.5% advance forecast in June 2021,…
NBR: 70% of the inflation index component is determined by energy prices
The National Bank of Romania is trying to anchor inflationary expectations, by raising the monetary policy interest rate and to…
BNR: 60 billion euros for the green transition
The green transition could mean, for Romania, the realization of projects of about 60 billion euros, in the long term.…
Consumers will settle the green transition
The solution to global warming is undoubtedly the increase in investments, thus resulting in an increase in investment portfolios. But…
Leonardo Badea, BNR: The effect of rising energy prices cannot be controlled by monetary policy measures
We live in an increasingly complex world where priorities are different and therefore include characteristics of economies that we would…
Romanian FDI more than tripled – 5.3 bln. euro at nine months
Foreign direct investment reached 5.279 billion euro in the first nine months, compared to 1.677 billion euros in the same…
Adrian Vasilescu: Central banks cannot influence energy and gas prices
Electricity, fuels and natural gas worldwide are considered products whose prices are not influenced by monetary policy and if a…
BNR: The annual inflation rate will continue to rise
The annual inflation rate is expected to extend its upward trend until the middle of next year, implicitly rising above…
NBR sets up the Office of Sustainability and the Green Economy
The National Bank of Romania has set up an internal structure, the Office of Sustainability and the Green Economy, in…
BNR: Part of the Romanian companies are at risk, as a result of changes in the green agenda
Part of the Romanian companies are at risk, on the chain of changes in the green agenda, and they generate…
Popa, BNR: It is ironic and sad that the state does not create the legal and fiscal framework for offshore gas exploitation
Romania has vast energy resources but the state does not allow their exploitation, says Cristian Popa, member of the Board…