Economic news

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18 February 09:09

Egypt has announced to abandon the US dollar for trade payments, in line with the BRICS policy of de-dollarization.

Sources

15 February 08:12

Manufacturing new orders in 2023 are up 4.2% from 2022.

Sources

13 February 20:49

Finance Minister Marcel Boloș estimates that GDP per capita will reach €20,000 in 2024 and investment spending will account for more than 7% of GDP.

Sources

13 February 11:46

OTP Bank Romania introduced a mortgage loan with a fixed interest rate from 5.79% for the first three years, then with a fixed margin from 2.39% + IRCC.

Sources

13 February 11:42

Romania's total external debt increased in 2023 by EUR 24.9 billion to EUR 168 billion.

Sources

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12 February 20:01

Nasdaq will provide technical assistance to the Ukrainian government to develop the capital market in the context of the opening of a new International Financial Center.

Sources

12 February 12:48

Romanian producers blame low-priced sugar imports from Ukraine for hurting local industry.

Sources

8 February 13:52

Car companies are cutting investment in electric cars, expecting an increase in demand. Electric car sales fell in December 2023.

Sources

7 February 14:35

Vehicle sales in China rose 47.9% in January to 2.44 million units, but deliveries of electric vehicles fell.

Sources

7 February 11:54

OMV Petrom intends to acquire 50% of the shares of Electrocentrale Borzești from RNV Infrastructure. The transaction is subject to authorization by the Competition Council.

Sources

7 February 07:40

Ford Puma, the B-class SUV assembled at the Ford Otosan plant in Craiova, has become the best-selling vehicle assembled exclusively in Romania.

Sources

3 February 13:43

Amazon founder Jeff Bezos plans to sell up to 50 million Amazon shares in the next year, worth $8.6 billion.

Sources

3 February 13:05

TikTok users can earn money by playing game characters in a mode called NPC.

Sources

1 February 13:21

Inflation has fallen in the euro area but is still above the European Central Bank's target

Sources

1 February 12:51

In 2023, Romania became the main importer of agricultural products from Ukraine, followed by China and Turkey.

Sources

31 January 20:47

Volkswagen has set up AI Lab, a company dedicated to artificial intelligence, to develop digital products for future cars

Sources

31 January 13:31

Inflation in France slowed in January to 3.4%, below analysts' forecasts. This trend could influence the European Central Bank's decisions.

Sources

30 January 12:45

The Polish company PESA has signed a contract for the delivery of 62 electric oars to Romania, worth up to 4.1 billion lei.

Sources

30 January 10:36

The 3-month ROBOR fell to 6.11% and the 6-month ROBOR to 6.14%.

Sources

29 January 10:46

Airline Ryanair expects a lower profit than previously forecast due to lower bookings for the winter holiday period.

Sources

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