Economic news

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JPMorgan, Bank of America, Wells Fargo and other financial institutions are accused of conspiring to manipulate the base lending rate ("prime rate") for nearly 30 years, affecting millions of consumers.

Sources

Yesterday 06:11

European stock markets ended the week in decline, affected by fears regarding credit quality and bank stability, following massive sales of stocks in the USA.

Sources

Friday 19:13

In the October edition of the Fidelis government bonds, Romanians subscribed 2.2 billion lei, with a major interest in the two-year bonds in lei.

Sources

Friday 14:42

Prime Minister Bolojan: The decision regarding the minimum wage for 2026 will be finalized in two weeks.

Sources

Friday 14:30

The Minister of Economy emphasizes the importance of rare earths for Romania, announcing the update of the national inventory and the maintenance of the license for graphite.

Sources

Friday 14:09

Prime Minister Ilie Bolojan announced that ANAF will focus on tax evasion and the debts of state-owned companies, including public institutions: "We should not be fighting with the jam from the kitchen"

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Friday 13:56

Prime Minister Ilie Bolojan announced a deficit of almost 30 billion euros for 2025, equivalent to 25% of Romania's annual revenues.

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Friday 12:53

ANAF informs institutions and public authorities with unpaid tax debts until August 31, 2025, totaling 582.901 million lei, that it will send notifications for their payment.

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Friday 12:12

Romania recorded in September the highest inflation in the EU, at 9.88%, with significant increases in non-food goods and services.

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Friday 11:31

Cris-Tim started the initial public offering on the Bucharest Stock Exchange, with retail investors purchasing 15% of the shares in the first two hours.

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Friday 10:46

A survey shows that 85% of young people from Generation Z in Romania want more financial education, highlighting a rapid maturation and concerns for the future.

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Friday 10:39

Electrica has started the procedures for the authorization of 15 energy storage battery parks, with a total capacity of 1GWh.

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Friday 10:38

The Swiss government warns that the trade tariffs imposed by the USA affect exporting industries and reduce the economic growth forecast for 2026.

Sources

Friday 08:58

Energy companies without revenues, such as Oklo and Fermi, have reached huge market values, but investment risks are significant.

Sources

Friday 08:57

ANAF has announced that it will not tax self-consumption, following the controversies generated by the statements of President Adrian Nica about products made in households.

Sources

Friday 07:52

ECB officials convey that the monetary easing cycle has ended, in the context of a vulnerable European economy.

Sources

Friday 07:39

The budget deficit of Romania increased to 103 billion lei in 2025, despite the fiscal measures of the Bolojan Government, raising economic concerns.

Sources

Thursday 18:20

PayPal accidentally issued 300 trillion dollars in PYUSD cryptocurrency due to a "technical error," but quickly corrected the mistake.

Sources

Thursday 14:21

Wall Street is preparing for a positive opening, with increases in futures contracts for S&P 500, Dow Jones, and Nasdaq, amid corporate profit.

Sources

Thursday 13:20

High Tech Systems & Software is closing in Romania: 300 employees affected by dissolution and losses of 68 million lei

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