Economic news

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11 July 06:56

Oil prices fell sharply as investors assessed the impact of Trump's new trade tariffs on the global economy.

Sources

10 July 19:24

The Ministry of Finance borrowed 1.69 billion lei from banks, through bonds and treasury certificates, to refinance public debt.

Sources

10 July 12:46

Extreme weather could reduce eurozone GDP by up to 5% over the next five years, similar to the financial crises and the COVID-19 pandemic.

Sources

The most important news from the last 24 hours

10 July 11:53

The NBR announces an appreciation of the euro to 5.0774 lei, while the dollar and the pound sterling fall slightly. The gram of gold rose to 462.6381 lei.

Sources

10 July 11:13

European stock markets hit new all-time highs, buoyed by optimism over tariff negotiations between the US and trading partners.

Sources

10 July 11:08

The 3-month ROBOR index fell to 6.75%, while the IRCC remains at 5.55%, according to the NBR

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10 July 10:47

Europe faces a €250bn shortfall to modernize electricity grids, affecting the delivery of renewable energy to consumers.

Sources

10 July 10:45

Thousands of workers in India have staged a nationwide strike against Prime Minister Narendra Modi's efforts to privatize state-owned companies.

Sources

10 July 10:24

Moody's sees the government's recent fiscal measures as an important step, but any deviation from the plan could affect Romania's sovereign rating.

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10 July 10:17

GDP was stagnant in the first quarter of 2025, but was up 0.3% from the same period in 2024, according to the NSI.

Sources

10 July 09:10

Merck has announced the acquisition of Verona Pharma for 10 billion dollars, strengthening its portfolio of respiratory treatments.

Sources

10 July 08:56

Ursula von der Leyen has announced that the EU is working with the Trump administration on a trade deal, but is also preparing for different scenarios.

Sources

10 July 08:46

Tesla has begun expanding its robotaxi service in Austin, Texas, following an initial test. Musk has announced plans to expand to other cities.

Sources

10 July 08:05

Romania's GDP was unchanged in real terms in the first quarter of 2025, but grew by 0.3% from a year earlier.

Sources

10 July 07:48

Oil prices rose due to high demand for gasoline in the US, attacks on merchant ships and expectations of lower crude oil production.

Sources

10 July 07:40

27 large Tesla shareholders call for an urgent annual general meeting, warning of legal risks and lack of transparency.

Sources

10 July 05:04

Finance Minister Alexandru Nazare announced a bond issue with high demand, highlighting Romania's economic stability and the success of the fiscal package.

Sources

9 July 19:05

Nvidia has reached a market value of $4 trillion dollars, becoming a leader in AI technology, with a steady share growth.

Sources

9 July 14:12

Oliviu Matei, founder of HoliSun, is active in IT, HoReCa and medical services, combining entrepreneurship with his academic career.

Sources

9 July 13:46

EU soft wheat exports are down 35% on last year, with Romania the biggest exporter.

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