Economic news

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12 August 11:16

Mugur Isărescu said that Romania's transition to the euro is impossible now because of the political decisions made in recent years, stressing the need for coherent economic policies.

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12 August 11:05

Raiffeisen Bank reported a $1.05 billion profit in the first six months of 2023, despite Western sanctions.

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12 August 10:53

NBR Governor Mugur Isărescu says Romania is not in recession, but there are risks. The economic situation has improved, but it depends on the fiscal program.

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12 August 10:42

The Bucharest Stock Exchange recorded general declines at the opening of the session, with a turnover of 4.34 million lei.

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12 August 10:38

In July 2025, electricity has become almost 63% more expensive and fresh fruit almost 40% more expensive, contributing to annual inflation of 7.84%.

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12 August 09:56

The 3-month ROBOR stagnated at 6.60% and the 6-month ROBOR at 6.75%. IRCC will be 5.55% from July 1 through September 30, 2025.

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12 August 09:50

NBR Governor Mugur Isărescu will present his quarterly report on Tuesday, highlighting a jump in inflation in Q3 2025 due to tax changes.

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12 August 09:33

The annual rate of inflation climbed to 7.8% in July, driven by rising electricity prices, beating analysts' forecasts.

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12 August 08:16

The inflation rate in July 2025 was 7.84%, with significant increases in non-food goods, services and food, including electricity.

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11 August 19:00

Norway's sovereign wealth fund has decided to sell its shares in 11 Israeli companies because of the humanitarian crisis in Gaza and its involvement in the production of military equipment.

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11 August 18:49

Global inflation varies drastically, with Venezuela running at 400%, followed by Zimbabwe and Argentina, while developed economies maintain stability.

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11 August 18:22

Shikun and Binui, controlled by Naty Saidoff, has obtained the authorization for a 71 MW solar power plant in Satu Mare, marking its entry into the renewable energy sector.

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11 August 18:16

Simtel signed a contract with VERBUND Wind Power Romania for a 60 MWp photovoltaic park in Casimcea, contributing to Romania's energy transition.

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11 August 18:03

Low-income countries' external debt repayments to private creditors are three times higher than those to China, underlining their financial difficulties.

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11 August 17:13

Nvidia and AMD have agreed to transfer 15% of revenues from chip sales in China to the US government, in exchange for export licenses.

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11 August 16:46

Donald Trump has promised 1,500% cuts in drug prices, which would severely hurt pharmaceutical company profits.

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11 August 14:46

The cryptoactive market's total capitalization has risen to $4.02 trillion, boosted by a Trump executive order allowing investments in crypto through pension plans.

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11 August 12:46

Lithium prices soared after CATL shut down a major mine in China, fueling speculation of further restrictions.

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11 August 11:58

An analysis shows that Romania is becoming a magnet for investment, thanks to infrastructure modernization and relocation of production.

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11 August 11:41

In August 2025, house prices vary across Romania's major cities, with a slight decrease in Bucharest and an increase in Cluj-Napoca.

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