Economy news

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27 July 06:49

Central Bank of Russia Governor Elvira Nabiullina announced a key interest rate cut to 18% and emphasized the need for a tight monetary policy to control inflation.

Sources

26 July 13:27

The Ministry of Transport has published a project for the modernization of the DN 73C, estimated at 641 million lei, essential for traffic on the A1.

Sources

25 July 20:05

The President of Austria announced that OMV is targeting renewable energy investments in Romania, in addition to oil and gas exploitation.

Sources

25 July 12:40

Russia has announced the suspension of tariffs on exports of sunflower oil and sunflower seed oil to support local producers with a well-supplied domestic market.

Sources

25 July 11:16

President Nicușor Dan has announced the promulgation of the first fiscal package, which will come into force in August, underlining the importance of pro-Western parties taking on the government.

Sources

25 July 10:52

In 2024, agricultural output fell by 4.3%, with a significant decrease in crop production but an increase in the livestock sector.

Sources

25 July 09:02

Banca Transilvania issues RON 1.5 billion in sustainable bonds, marking a record on the Romanian banking market, maturing in 2032.

Sources

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25 July 08:28

St. John's Church in Brasov has installed a POS terminal for quick donations, adapting to the contemporary needs of parishioners.

Sources

25 July 06:28

Tesla reported a decline in auto sales for the second straight quarter, causing shares to fall 8%.

Sources

24 July 15:09

Dominic Fritz, president of USR, says that S&P's maintenance of the country's rating is a "respite", but Romania must continue reforms to avoid economic risks.

Sources

24 July 09:12

Noodle Pack, with nearly 40 outlets and 400 employees, has filed for insolvency due to debts of 47.9 million lei.

Sources

24 July 09:02

CFA Romania's Macroeconomic Confidence Indicator fell by 14.9 points, suggesting risks of recession and rising inflation

Sources

24 July 08:00

Elon Musk warns of risks to Tesla from the removal of tax incentives and rising costs, with the company reporting a drop in net profit.

Sources

24 July 07:32

Deputy Prime Minister Tanczos Barna says unviable companies should be closed and profitable ones deserve different treatment.

Sources

24 July 07:00

European stock markets rose, buoyed by expectations of a US-EU trade deal, with the Stoxx Europe 600 index up 1.1%.

Sources

24 July 06:34

The European Central Bank has decided to keep its benchmark interest rate at 2%, pending clarification in trade talks with the US.

Sources

24 July 06:20

S&P Global Ratings has affirmed Romania's ratings, maintaining a negative outlook due to risks to public finances.

Sources

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23 July 20:43

The Bulgarian real estate market is set for a significant price increase in 2025, followed by a more moderate advance after the adoption of the euro.

Sources

23 July 19:53

The European Union and the United States are discussing a trade deal that would impose a 15% tariff on EU goods imported into the US.

Sources

23 July 17:28

Prime Minister Ilie Bolojan announces cuts in the 'Anghel Saligny' program, but PSD asks for individual analysis of projects, avoiding blocking them.

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