Economic news

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18 July 13:24

The European Union has passed a law extending gas storage regulations until 2027, obliging member states to reach 90% annual storage.

Sources

18 July 13:23

Bogdan Ivan, Minister of Energy, announces progress in the completion of the Răstolița hydropower plant, which is at an advanced stage of execution, in order to provide green energy to Romania.

Sources

18 July 13:22

PSD calls for a united Romanian position in the EU budget negotiations, stressing the need to protect national agriculture.

Sources

18 July 11:04

Uber will invest $300 million in Lucid Motors to launch a fleet of robotaxis by 2026, marking its return to autonomous vehicles.

Sources

18 July 10:45

The CLARITY Act was passed by the House of Representatives, providing a clear regulatory framework for cryptocurrencies in the US.

Sources

18 July 10:43

Energy Distribution Services (EDS) plans to take over three wind power plants and the Competition Council will assess the deal to ensure compliance with the law.

Sources

18 July 09:40

In the first six months of 2025, stolen cryptocurrencies reached $2.17 billion, with an estimated $4 billion by the end of the year, marking an alarming rise in cybercrime.

Sources

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18 July 08:51

Construction volume in the first five months of 2025 is up 5.6% from 2024, with significant increases in capital repairs and new construction.

Sources

18 July 07:30

Premier Li Qiang has called for stricter regulations on electric vehicle prices amid deflationary pressures and destructive competition in the industry.

Sources

17 July 13:34

Hakan Samuelsson, head of Volvo Cars, is calling for the EU to lower tariffs on US cars by 10%, arguing that European manufacturers don't need protection.

Sources

17 July 12:41

President Trump will send a letter to inform 150 countries about a uniform tariff, which will be between 15% and 20%.

Sources

17 July 12:23

Annual inflation in the EU rose to 2.3% in June, with Romania having the highest rate at 5.8%. Other countries with low inflation are Cyprus, France and Ireland.

Sources

17 July 12:17

The official NBR rate rose slightly for the euro and the dollar, while gold fell.

Sources

17 July 11:46

The Ministry of Finance has listed Fidelis government securities in order to attract investors, including from the Diaspora. The offer had a record number of subscriptions.

Sources

17 July 09:36

The 3-month ROBOR fell u00een from 6.72% to 6.71%, and the 6-month ROBOR from 6.85% to 6.84%.

Sources

17 July 09:15

Romanian DIY market leader Dedeman acquires Greece's Praktiker Hellas, marking international expansion.

Sources

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17 July 08:53

In the first five months of 2025, the Romanian industry recorded significant increases in several sectors, except for the energy industry, which declined.

Sources

17 July 08:25

MEP Siegfried Mureșan said that the European Parliament will reject any budget that does not protect agriculture and cohesion allocations.

Sources

17 July 08:01

The UK's inflation rate rose to 3.6% in June, beating economists' expectations, and sterling appreciated slightly.

Sources

17 July 07:41

Shares in the tech sector are up 35%, with Nvidia and Meta leading the way, but valuations are above the market average, raising concerns.

Sources

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