Economic news

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20 November 11:36

The Minister of Education, Daniel David, announced that students will receive scholarships from European funds starting from January 1, 2026.

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20 November 11:30

Simtel, a Romanian company, is developing the largest photovoltaic park in Romania, created through ecological reconversion, in Giurgiu.

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20 November 11:11

President Nicușor Dan announces the promulgation of a law that strengthens the integrity rules in public institutions, a crucial step for Romania's accession to the OECD.

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20 November 10:56

The Commission proposes major reforms for the expansion of supplementary pensions in the European Union

20 November 10:00

The FIDELIS program from November 2025 generated subscriptions of 1.3 billion lei, but investor interest decreased by almost 40% compared to the previous month.

Sources

19 November 13:55

On November 19, 2025, the leu depreciated against the euro, the exchange rate reaching 5.0889 lei, while against the dollar it fell to 4.3980 lei. At the same time, the price of a gram of gold rose to 581.2510 lei.

Sources

19 November 13:20

Ilie Bolojan announces a 10% reduction in the salary envelope for all ministries, as part of the administration reform. The Prime Minister specified that this is not about an automatic decrease in salaries, but aims to adjust personnel expenses, limit bonuses, and streamline activities in the public sector.

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19 November 12:54

Ilie Bolojan announced the completion of the draft law for judges' pensions, with a 15-year transition period and a cap on pensions at 70% of the net salary. The head of the Government specified that the CSM will be asked to issue an opinion as quickly as possible, so as not to exceed the deadline set by the milestone in the PNRR, November 28.

Sources

19 November 11:39

The EU accelerates the reform of payments with new rules for instant transfers, consumer protection, and financial sovereignty.

19 November 11:19

The inflation rate in the European Union decreased to 2.5% in October, while Romania maintains the highest inflation rate at 8.4%.

Sources

19 November 10:53

The Dutch government has suspended the intervention at Nexperia, following constructive discussions with China, regarding the resumption of exports of essential chips for the automotive industry.

Sources

19 November 10:45

In Brașov, the first real estate transaction in Romania was completed in which an apartment was paid for with cryptocurrencies, worth 369,000 euros.

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19 November 10:26

Prime Minister Ilie Bolojan stated that education will not be affected by additional budget cuts, following the measures already adopted through package 1.

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19 November 10:14

Victoriei Avenue recorded a 17% increase in rents, reaching 70 euros/m2/month and ranking 39th worldwide in the retail street ranking.

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19 November 07:24

Rheinmetall's revenues increased by 3% after the company announced a sales estimate of 50 billion euros by 2030, due to increased demand for armaments.

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18 November 20:37

Aukera Energy, co-founded by the Romanian Cătălin Breabăn, is launching a 250 MW energy storage project in Gura Ialomiței, financed through the National Recovery Plan.

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18 November 20:17

Goldbach Group collaborates with Hubix to develop four K2 retail parks, with an investment of 5.3 million euros, estimating a total value of 24 million euros.

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18 November 20:06

Chevron is analyzing options to take over some of Lukoil's international operations, after the U.S. Treasury allowed discussions between potential buyers and the Russian company.

Sources

18 November 18:46

Bitcoin has lost all its gains from 2025, reaching $92,891, nearly 30% below the peak of $126,000. The cryptocurrency market has lost $1.2 trillion.

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18 November 18:37

The Minister of Finance, Alexandru Nazare, stated on Tuesday that the measures adopted by the Government have proven effective, according to the European Commission, and that Romania is heading towards a predictable evolution, with increasing investments and an economy in the process of stabilization.

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