Economic news

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27 June 19:44

Romania faces economic stagnation, falling into the middle-income trap after 25 years of growth.

Sources

27 June 12:22

The NBS is concerned about possible changes to the Labor Code, warning that employees should not bear the burden of the reforms alone.

Sources

27 June 12:17

The German commission proposes raising the minimum wage from €12.82 to €14.60 an hour by 2027, with an interim adjustment in 2026.

Sources

27 June 12:02

Prime Minister Ilie Bolojan met with the banking sector to discuss the introduction of a tax on excessive bank profits.

Sources

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27 June 11:44

In the first five months of 2025, the budget deficit increased to 64.23 billion lei, despite an increase in total revenues by 13.6%.

Sources

27 June 06:11

The dollar depreciated sharply to its lowest level in three years amid fears about undermining the Federal Reserve's independence.

Sources

27 June 05:57

The government is proposing to cut the bonuses of civil servants in order to save money needed to support vulnerable energy consumers, starting July 1.

Sources

26 June 19:27

More than 130,000 new jobs and 5.1 million applications were registered on eJobs.co.uk in the first half of 2025, down 10% from 2024. The most sought after candidates were entry-level

Sources

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26 June 17:13

Hidroserv has completed insolvency proceedings, fully paid its debts and regained operational capacity.

Sources

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26 June 11:39

The three-month ROBOR fell to 7.09% and the six-month to 7.17%. IRCC remains steady at 5.55% per annum

Sources

26 June 10:48

74% of Romanians don't trust the government to manage tax revenues correctly, and 64% are afraid of a VAT increase.

Sources

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26 June 09:05

AROBS Transilvania Software has acquired 70% of Codingscape, strengthening its presence in North America and expanding its software development capabilities.

Sources

26 June 09:00

74% of Romanians do not trust the Government to manage the extra revenues correctly. Most are afraid of the VAT increase and are taking measures to cut their spending.

Sources

26 June 08:05

BP shares rose more than 10% after rumors that Shell was negotiating to buy the company, but Shell denied the talks.

Sources

26 June 07:31

Tesla sales in Europe fell 27.9% in May amid growing interest in more affordable Chinese electric vehicles.

Sources

26 June 06:15

Shell has begun negotiations to acquire BP, a deal that could become the biggest in the oil industry in decades.

Sources

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25 June 11:33

The German Schwarz Group, owner of Kaufland and Lidl, plans to acquire a majority stake in Romanian company La Cocos, subject to regulatory approval.

Sources

25 June 11:02

Meta Estate Trust S.A. has acquired 4 villas in the Radisson Blu Grand Mountain Resort Brasov for €1.52 million, expanding its presence in tourism.

Sources

25 June 10:05

Liquidator Northvolt has announced a preliminary offer from a foreign investor after the Swedish company went bankrupt.

Sources

25 June 09:56

Amazon will invest £40 billion in the UK to expand its logistics infrastructure, creating 4,000 jobs.

Sources

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