Economic news

9 January 2024, 11:36

International

Natural disasters have generated $250 billion in losses by 2023, with less than half covered by insurance.

Sources

9 January 2024, 11:34

International

India expects coffee exports to grow by up to 10% in 2024, driven by strong demand in the European market.

Sources

9 January 2024, 10:58

International

Chinese billionaire Chen Tianqiao has become one of the biggest foreign land owners in the US, with 80,000 hectares in Oregon.

Sources

The most important news from the last 24 hours

NewMoney and INSCOP present the second edition of the Economic Sentiment Index on September 23 at the Bucharest University of Economic Studies

Sources

Current Affairs

The Pro Infrastructura Association estimates the completion of the first lot of the Bucharest Highway by the end of May or early June.

Sources

9 January 2024, 08:36

International

The Cuban government has announced a more than 500% increase in the price of gasoline as part of measures to reduce the budget deficit.

Sources

8 January 2024, 13:05

Economy

Romania recorded one of the highest retail sales increases in the European Union in 2023.

Sources

8 January 2024, 12:55

Economy

Pillar II private pension net assets reached 126.7 billion lei, up by 31.4% compared to the end of 2022.

Sources

8 January 2024, 12:23

Economy

President Klaus Iohannis has signed the decree promulgating the Law on Combating Excessive Agricultural and Food Prices.

Sources

8 January 2024, 12:19

International

Romania produced more than 9,000 MW of electricity, mostly from wind turbines, exporting almost 1,000 MW to Moldova.

Sources

8 January 2024, 12:09

Economy

As of January 1, 2023, employees with more than 2 years of seniority can no longer be paid the minimum wage.

Sources

8 January 2024, 11:39

Current Affairs

President Iohannis has promulgated the law granting service pensions to clerks with at least 25 years of experience.

Sources

8 January 2024, 11:22

Current Affairs

The National Road Infrastructure Management Company has updated the prices of the toll stickers for 2024.

Sources

8 January 2024, 08:36

Current Affairs

According to some calculations, a new pension law recently passed could double some Romanians' pensions.

Sources

8 January 2024, 08:28

Economy

According to an NBR report, all business sectors saw increases in net profit, with the highest margins in real estate.

Sources

8 January 2024, 08:11

Economy

Fiat Chrysler Automobiles closes its historic plant in Bielsko Biala, Poland, laying off 486 employees.

Sources

5 January 2024, 14:26

Economy

Sigma CVM Romania, a subsidiary of the Saracakis Group, announces the partnership with Amazone, a 140-year old agricultural equipment manufacturer.

Sources

5 January 2024, 12:18

Economy

ANAF will cancel debts under 40 lei, but will increase taxes for those with unjustified income.

Sources

5 January 2024, 12:14

IT&C knowledge

The value of Elon Musk's platform X has fallen 71.5% since the takeover, due to extremist content.

Sources

5 January 2024, 08:56

IT&C knowledge

Google will test restricting cookies to 1% of Chrome users, with a view to removing them completely by the end of the year.

Sources

5 January 2024, 08:40

Economy

The ROBOR index for loans in lei stagnated at 6.21%, while the IRCC, the benchmark index for consumer loans, rose to 5.96%.

Sources

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Economic news

Natural disasters have generated $250 billion in losses by 2023, with less than half covered by insurance.

India expects coffee exports to grow by up to 10% in 2024, driven by strong demand in the European market.

Chinese billionaire Chen Tianqiao has become one of the biggest foreign land owners in the US, with 80,000 hectares in Oregon.

NewMoney and INSCOP present the second edition of the Economic Sentiment Index on September 23 at the Bucharest University of Economic Studies

The Pro Infrastructura Association estimates the completion of the first lot of the Bucharest Highway by the end of May or early June.

The Cuban government has announced a more than 500% increase in the price of gasoline as part of measures to reduce the budget deficit.

Romania recorded one of the highest retail sales increases in the European Union in 2023.

Pillar II private pension net assets reached 126.7 billion lei, up by 31.4% compared to the end of 2022.

President Klaus Iohannis has signed the decree promulgating the Law on Combating Excessive Agricultural and Food Prices.

Romania produced more than 9,000 MW of electricity, mostly from wind turbines, exporting almost 1,000 MW to Moldova.

As of January 1, 2023, employees with more than 2 years of seniority can no longer be paid the minimum wage.

President Iohannis has promulgated the law granting service pensions to clerks with at least 25 years of experience.

The National Road Infrastructure Management Company has updated the prices of the toll stickers for 2024.

According to some calculations, a new pension law recently passed could double some Romanians' pensions.

According to an NBR report, all business sectors saw increases in net profit, with the highest margins in real estate.

Fiat Chrysler Automobiles closes its historic plant in Bielsko Biala, Poland, laying off 486 employees.

Sigma CVM Romania, a subsidiary of the Saracakis Group, announces the partnership with Amazone, a 140-year old agricultural equipment manufacturer.

ANAF will cancel debts under 40 lei, but will increase taxes for those with unjustified income.

The value of Elon Musk's platform X has fallen 71.5% since the takeover, due to extremist content.

Google will test restricting cookies to 1% of Chrome users, with a view to removing them completely by the end of the year.

The ROBOR index for loans in lei stagnated at 6.21%, while the IRCC, the benchmark index for consumer loans, rose to 5.96%.

Editor’s Recommendations

Nicușor Dan, about Georgescu’s case: “If we look at the polls, those who do not trust the justice system are 70–75%. And then, obviously, it seems that everything is a setup”

Siegfried Mureşan does not want the PSD brought into his government, but asks for the Social Democrats’ votes in Parliament: “Romania can be governed by the PNL, together with the USR and UDMR, or by the PSD. We can no longer govern together with them”

Sorin Grindeanu does not rule out a PSD-AUR government until 2028, but says that AUR currently wants snap elections

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Nicuşor Dan, about the detention of Călin Georgescu: “It has nothing to do with the 2024 elections. It concerns an accusation of fraud; DIICOT should clarify all the facts”