Economic news

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31 July 2025, 07:58

Education Minister Daniel David stresses that fiscal measures are essential to ensure salaries and scholarships in the education system in the context of the financial crisis.

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31 July 2025, 07:57

From August 1, new VAT rates and higher excise duties will lead to price hikes in all sectors, including fuel.

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31 July 2025, 07:41

Catastrophe bond sales hit $18.2 billion in 2025, surpassing the previous record, amid rising climate risks.

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31 July 2025, 07:33

OMV Petrom reported a net profit of 2.1 billion lei in the first half of the year, 21% less than last year, but with record investments of 3.3 billion lei.

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31 July 2025, 07:17

Foxconn took a 10% stake in TECO, marking its entry into the estimated $1 trillion AI data center market.

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31 July 2025, 06:55

Laura Codruța Kovesi said that the Italian and Chinese mafia are involved in VAT and EU fraud in Romania, highlighting legislative vulnerabilities.

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31 July 2025, 06:35

Donald Trump says he has reached a trade deal with South Korea that imposes 15% tariffs on Korean goods.

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31 July 2025, 05:45

Porsche, Mercedes-Benz and Aston Martin suffered significant losses from the US tariffs, totaling almost $889 million in the first half of the year.

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30 July 2025, 20:58

The Indian government will take steps to protect national interests in the wake of Trump's announcement of 25% tariffs on Indian goods.

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30 July 2025, 19:18

The President of Timis County Council, Alfred Simonis, said that investments in Romania cannot be suddenly suspended and that solutions will be sought to continue them.

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30 July 2025, 13:28

The Italian competition authority has opened an investigation against Meta for integrating AI assistants into WhatsApp without users' consent, possible violations of competition rules.

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30 July 2025, 13:00

The Bucharest Stock Exchange recorded increases on all indices in the first half of Wednesday's session, with a turnover of 7.37 million lei.

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30 July 2025, 12:30

Raiffeisen Bank Romania recorded a 35% increase in the number of new customers and a 12% advance in the net lending segment in the first half of 2025.

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30 July 2025, 11:22

Electrica has listed €500 million green bonds to strengthen its power generation capacity, attracting significant investor interest.

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30 July 2025, 11:21

The European Anti-Money Laundering Authority (AMLA) became operational from July 1, 2025, with the role of supervising high-risk financial entities.

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30 July 2025, 10:51

Toyota sold 5.54 million vehicles in the first half of 2023, retaining its title as the world's top-selling carmaker, overtaking Volkswagen.

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30 July 2025, 10:12

Google has announced that it will sign up to the EU's code of best practice for AI, supporting the strict regulations, but will also provide feedback on them.

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30 July 2025, 09:51

In 2024, Cuba's private sector reached 55% of retail sales, surpassing the state sector, amid a crisis-hit economy.

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30 July 2025, 09:28

Electrica debuted on Wednesday on the Bucharest Stock Exchange with a €500 million green bond issue.

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30 July 2025, 08:42

The Chamber of Tax Consultants calls for the reintroduction of the reduced VAT rate for cereals and seeds, warning of the negative impact of the new regulations on the agricultural sector.

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