Economy news

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10 June 11:00

An ARMO survey shows that most Romanian firms anticipate a drop in sales due to unfair competition from Asian platforms, calling for protective measures

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10 June 07:47

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E-Trends by NewsVibe. Trending economic topics over the past week

9 June 18:45

CFA Romania argues that a tax on bank transactions will drive consumers back to cash payments, thus increasing the state's financing costs

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9 June 17:24

Dragoș Anastasiu confirms talks about a tax on banking transactions, but Eugen Rădulescu from the NBR considers it an economic aberration

Sources

9 June 13:49

Government discusses tax measures that could raise 40 billion lei, including VAT hikes and higher taxes

Sources

9 June 08:55

The global auto industry is facing serious overcapacity, prompting manufacturers to review their expansion plans, said Li Shufu, Geely's chairman. Against this backdrop, Geely has announced it will not build new factories or expand production at existing ones

Sources

9 June 07:30

Boris Vujčić, Governor of the Croatian National Bank, warns ECB to avoid disproportionate reactions to temporary fall in inflation below 2%

Sources

9 June 06:05

The United States has suspended export licenses for nuclear equipment to China amid an escalating trade war between the two countries, affecting contracts worth hundreds of millions of dollars

Sources

8 June 16:07

In the first four months of 2025, the number of dissolved firms rose to 17,253, with most cases recorded in Bucharest and Cluj

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8 June 07:30

Spirits producers face falling sales due to trade tensions and changing consumer habits

Sources

7 June 11:53

Work on the A1 - DN 69 link road has reached 70%, with completion expected this fall

Sources

7 June 07:55

Swiss government requires UBS to hold additional capital of $26 billion, imposing stricter rules on foreign subsidiaries

Sources

7 June 07:13

Russia's central bank cut its monetary policy interest rate by 100 basis points, marking the first decrease since the start of the war in Ukraine

Sources

6 June 10:11

PSD, PNL, USR and UDMR consider tax increases and spending cuts to balance the budget

Sources

6 June 08:48

Cristian Păun says raising taxes will not reduce the budget deficit and proposes reforms and cuts in public spending as alternative solutions

Sources

6 June 07:43

The International Monetary Fund recommends Romania to increase VAT, excise and dividend taxes and reduce health contributions

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6 June 05:17

Head of Fiscal Council criticizes the idea that citizens generated the budget deficit and underlines the lack of credibility of government promises

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5 June 16:54

Former Finance Minister Alexandru Nazare warns that Romania will go through a difficult economic period of at least 18 months, stressing the need for an economic recovery plan

Sources

5 June 12:27

The euro was quoted at 5.0537 lei and the dollar at 4.4272 lei. Gold rose to 482.1625 lei per gram, continuing the upward trend

Sources

4 June 15:22

Larry Glick, Vice President of the Trump Organization, arrived in Bucharest for meetings with Romanian business partners and to develop investment projects

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