Economy news

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yesterday 16:55

Starbucks will close approximately 1% of its locations and will lay off 900 corporate employees to restructure its business.

Sources

yesterday 14:47

The Ministry of Defense is facing a budget deficit for pensions and salaries

Sources

yesterday 13:58

Rockwool is launching an investment of 150 million euros in Romania to build a production line that will double basalt wool production by 2027.

Sources

yesterday 12:36

New European banks have announced the launch of a stablecoin denominated in euros, having an impact on the crypto market.

Sources

yesterday 10:20

BNR: The ROBOR index remains constant at 6.54%

Sources

yesterday 10:16

The European Central Bank suggests households in the EU to keep cash at home to be prepared in case of crises, considering recent vulnerabilities.

Sources

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yesterday 08:44

The European Bank for Reconstruction and Development (EBRD) has revised downwards the forecast for the growth of the Romanian economy for 2025 to 0.9%, compared to 1.6% as estimated in May, due to the economic slowdown.

Sources

yesterday 08:23

Google requests a postponement of the deadline for implementing the court's decision, which imposes changes in the payment policy for developers.

Sources

yesterday 08:12

Deputy Prime Minister Tanczos Barna stated that Romania will not face an economic recession this year.

Sources

yesterday 07:11

Defense companies' revenues have increased globally after Trump stated that Ukraine can regain its entire territory with the support of NATO and the EU.

Sources

yesterday 06:27

A study by the ECB emphasizes the importance of keeping a sum of money in cash at home, highlighting its usefulness in emergency situations when digital methods are unavailable.

Sources

Wednesday 19:02

The Trump administration announced Wednesday the implementation of the US-EU trade agreement, which provides for the reduction of tariffs on European cars and auto parts from 27% to 15%, starting from August 1.

Sources

Wednesday 16:42

Nuclearelectrica has signed financing agreements with a banking syndicate led by J.P. Morgan for the modernization of Unit 1 and the development of Units 3 and 4 of the Cernavodă power plant.

Sources

Wednesday 16:10

Stellantis will temporarily halt production in several factories across Europe to adapt to the decreased market demand, a measure that will affect thousands of employees.

Sources

Wednesday 15:26

The European Parliament and the ECB are making progress in developing legislation for the digital euro, with a possible launch in 2029.

Sources

Wednesday 07:35

The Competition Council does not agree with extending the price cap on food: "The measure had effects, but it also made other products more expensive."

Sources

Tuesday 17:15

Ciprian Ciucu warns that Romania's 10% GDP deficit risks leading to a crisis similar to the Greek one.

Sources

Tuesday 12:37

The leaders of the Coalition have decided to extend the cap on the commercial markup until the end of 2025, in response to high inflation.

Sources

Tuesday 12:01

The governor of the BNR, Mugur Isărescu, about the introduction of a digital euro: "The digital euro does not replace cash in euros. If we do not have clear cybersecurity systems, 'we will be finished', it blocks payments in three days."

Sources

Tuesday 11:13

In August 2025, deposits of non-government clients decreased by 0.4%, but deposits in lei increased. Non-government credit increased by 0.4%.

Sources

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