Economy news

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yesterday 18:47

The European Commission fined Google nearly 3 billion euros for abuse of power

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yesterday 15:02

The FAO food price index rose to 130.1 points in August 2025, up 6.9% compared to the previous year, but remains below the record set in March 2022.

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yesterday 14:02

Romania's economy had one of the best performances in the EU, with a growth of 1.2% in Q2 2025, while the employment rate decreased by 0.2%.

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yesterday 14:00

The euro has reached 5.0787 lei, while the dollar and other major currencies have depreciated. The price of gold has risen to 496.3229 lei per gram.

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yesterday 13:52

Revolut has hired Frederic Oudea as president for the Western Europe hub, preparing to obtain a banking license in France.

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yesterday 11:48

The REM analysis shows that cuts in education will affect Romania's budget by only 0.02% of GDP in 2025 and 0.20% in 2026, according to estimates from the Fiscal Council.

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yesterday 08:47

The estimated GDP for the first half of 2025 has increased by 1.4% compared to the first half of 2024, supported by construction and IT, but affected by industry and trade.

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Thursday 20:20

Goldman Sachs analysts estimate that the price of gold could reach nearly 5,000 dollars an ounce if the independence of the Federal Reserve is affected.

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Thursday 19:00

The three-month ROBOR index has decreased to 6.54% per year, while the IRCC remains constant at 5.55% per year.

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Thursday 18:40

The BNR reports an increase in the non-performing loan rate to 2.81% in June 2025, compared to 2.53% in March 2025.

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Thursday 18:00

JPMorganChase will launch the Chase digital bank in Germany in the second quarter of 2025, expanding its presence in the European market.

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Thursday 16:55

The High Court of Cassation and Justice has decided to challenge the reform of service pensions, which provides for a decrease in their value and an increase in the retirement age.

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Thursday 16:42

Raiffeisen Bank introduces 'Welcome Home', a modern insurance for homes, available in the Smart Mobile application, with a fixed price for 5 years.

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Thursday 15:45

The government has reduced the number of citizens who will receive the electronic identity card for free from 5 million to 3.5 million, thus also decreasing the allocated budget.

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Thursday 14:50

The Minister of Energy warns about the risks of closing coal power plants.

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Thursday 13:50

Three electricity supply operators in Romania have reduced tariffs below 1.30 lei/kWh, following the intervention of the Minister of Energy, Bogdan Ivan.

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Thursday 11:16

Starting from August 1, 2025, individuals who opt for the payment of CASS for those in maintenance will owe 2,430 lei for each person.

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Thursday 08:01

The Polish company Aforti Holding has informed investors that it cannot pay the last coupon and the principal of the bond issue maturing in 2025 and that bankruptcy proceedings have been initiated.

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Thursday 07:11

Today, September 4, Petrom has increased the price of gasoline by 4 bani, reaching 7.47 lei/liter, while diesel remains at 7.67 lei/liter

Sources

Thursday 05:09

European chemical producers are facing declining demand and financial losses due to import tariffs imposed by the US and the energy crisis.

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