Economy news

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3 hours before

Deputy Prime Minister Dragoș Anastasiu said that Romania's budget deficit should be below 8% in 2023 and below 6% in 2026, highlighting inefficient state spending.

Sources

4 hours before

Voluntary pension funds reached 6.10 billion lei in May 2025, up 21% from the previous year, according to ASF.

Sources

4 hours before

Mandatory private pension funds grew by 19% in May 2025, reaching RON 166.2 billion, with the majority invested in Romanian assets.

Sources

yesterday 13:50

The European Central Bank has no plans to cut monetary policy interest rates, given the performance of the eurozone economy and inflation forecasts.

Sources

yesterday 13:45

Subscriptions for Fidelis government securities ended at RON 1.6 billion, reflecting a stagnation of investor appetite, below the record of RON 4.3 billion.

Sources

yesterday 13:00

The NBR announced a new depreciation of the leu, with the euro at 5.0810 lei and the gold gram more expensive by almost 4 lei.

Sources

+2

yesterday 12:01

The increase in VAT and excise taxes from August 1 will generate additional revenues of 9.5 billion lei in 2025, affecting the prices of goods and services.

Sources

yesterday 11:32

President Donald Trump has announced new tariffs with a major impact on Canada.

Sources

yesterday 11:30

The 3-month ROBOR index ended the week at 6.75%, while the 6 and 12-month indices fell slightly to 6.89% and 7.02%

Sources

yesterday 10:30

Britain's economic output fell by 0.1% in May, contrary to economists' expectations of 0.1% growth.

Sources

yesterday 09:11

The average gross wage fell by 228 lei and the average net wage by 139 lei in May 2025, with increases in IT and education.

Sources

yesterday 08:52

The US Department of Defense has partnered with MP Materials to develop a rare earths supply chain, reducing dependence on imports.

Sources

+1

yesterday 08:17

Bitcoin price soars exponentially, hitting a new record high of $117,000

Sources

yesterday 07:42

The inflation rate reached 5.7% in June 2025, with significant increases in food and services.

Sources

+15

yesterday 07:12

Nissan has halted production of three models for the Canadian market due to US and Canadian tariffs on car imports

Sources

yesterday 06:56

Oil prices fell sharply as investors assessed the impact of Trump's new trade tariffs on the global economy.

Sources

Thursday 19:24

The Ministry of Finance borrowed 1.69 billion lei from banks, through bonds and treasury certificates, to refinance public debt.

Sources

Thursday 12:46

Extreme weather could reduce eurozone GDP by up to 5% over the next five years, similar to the financial crises and the COVID-19 pandemic.

Sources

Thursday 11:53

The NBR announces an appreciation of the euro to 5.0774 lei, while the dollar and the pound sterling fall slightly. The gram of gold rose to 462.6381 lei.

Sources

Thursday 11:13

European stock markets hit new all-time highs, buoyed by optimism over tariff negotiations between the US and trading partners.

Sources

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