Economic news

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4 July 16:52

The 3-month ROBOR fell to 6.99%, below the 7% threshold, after the announcement of a new tax package that will increase taxes.

Sources

+8

4 July 08:24

Donald Trump plans to send letters to trading partners to announce punitive tariffs amid trade talks.

Sources

4 July 08:17

The United States has lifted restrictions on chip design software exports to China, signaling a loosening of trade relations.

Sources

The most important news from the last 24 hours

4 July 08:00

14 EU governments, including Romania, are contesting Ursula von der Leyen's proposed reform of regional funds, calling for a robust budget for poorer regions.

Sources

4 July 06:47

Sorin Grindeanu calls for quick results from ANAF under the new leadership, focusing on fighting tax evasion and increasing tax collection.

Sources

+6

4 July 05:19

US Treasury Secretary Scott Bessent has announced a 10% reciprocal tariff for about 100 countries, anticipating an intensification of trade talks.

Sources

3 July 19:06

Volvo Cars and Polestar have signed an agreement to jointly produce electric cars at a new plant in Slovakia from 2027.

Sources

3 July 18:31

The Ministry of Finance has proposed to increase the additional turnover tax for banks from 2% to 4%, starting July 1, 2025.

Sources

3 July 16:53

Alexandru Nazare presented a fiscal package with a positive impact, negotiated with the European Commission, estimating revenues of 9.5 billion in 2025.

Sources

3 July 14:13

The European Commission has announced a record €3.66 billion to support the energy transition in nine Member States, including Romania.

Sources

3 July 14:07

The European Union recorded a current account surplus of €114 billion in the first quarter of 2025, with 13 member states running a surplus.

Sources

3 July 08:35

The General Court of the CJEU has annulled the withdrawal of Ferrari's rights to the 'Testarossa' trademark, ruling that it had been used correctly.

Sources

3 July 08:05

OMV Petrom has confirmed the discovery of a natural gas deposit in Spineni with a production potential of 1,300 boepd.

Sources

3 July 08:05

AstraZeneca could leave the London Stock Exchange over dissatisfaction with regulations, which would significantly affect the FTSE 100 index.

Sources

3 July 07:47

Oil prices rose by 3% on Wednesday, influenced by Iran's suspension of cooperation with the IAEA and a US-Vietnam trade deal, but were tempered by rising US crude inventories.

Sources

3 July 07:13

Tesla sold 384,122 cars in Q2 2023, a 13% drop from the previous year, hurting the company's revenue.

Sources

3 July 06:20

Xiaomi won't start selling cars in international markets until 2027, focusing now on Chinese demand for its electric models.

Sources

3 July 05:53

Radu Miruță admitted that the heads of state-owned companies subordinated to his ministry earn very high salaries, including recent raises.

Sources

+8

2 July 20:54

Employers' Confederation Concordia rejects the tax hikes announced by the Prime Minister, saying they will negatively affect the private sector and citizens

Sources

+1

2 July 19:10

The Bolojan government is proposing austerity measures to manage Romania's severe budget crisis, without immediately solving the deficit.

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