Economy news

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Monday 19:22

The Bucharest Stock Exchange recorded a generalized decrease of the indices, with total transactions amounting to 57.41 million lei.

Sources

Monday 18:59

Michael McGrath, EU justice commissioner, expressed serious concerns about dangerous products sold on Shein and Temu, urging urgent action.

Sources

Monday 17:55

Stellantis reported expenses of €3.3 billion, announcing program cancellations and a drop in sales, especially in the US.

Sources

Monday 17:37

Treasury Secretary Scott Bessent has called for an evaluation of the US Federal Reserve, emphasizing the need to review the institution's performance.

Sources

Monday 15:55

PSD President Sorin Grindeanu opposes the suspension of investments and demands a detailed analysis of each project, warning of the economic risks.

Sources

Monday 15:22

Romanian entrepreneur Frank Timis controls the Tanbreez project in Greenland, a key rare metals deposit in a post-carbon era.

Sources

Monday 13:39

Romania's public debt increased by 4.1 pp in Q1 2023, reaching 55.8% of GDP, surpassed only by Poland.

Sources

Monday 13:22

US tariffs of 30% on EU goods could reduce Italy's GDP by up to 0.8% in 2027, according to Confindustria.

Sources

Monday 12:54

The Ministry of Finance borrowed 800 million lei from banks through government bonds, with an average yield of 7.31% per annum.

Sources

Monday 12:29

The European Bank for Reconstruction and Development has granted Engie Romania a €90 million loan to develop renewable energy projects.

Sources

Monday 09:48

Tesla continues to attract investors, even with sales declines and legal challenges. The company is focused on innovation and global expansion.

Sources

Monday 08:03

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Sunday 09:00

Baker Hughes, Hunt Energy and Argent LNG will draw up a recovery plan for the Syrian energy sector after the lifting of sanctions by the US.

Sources

Sunday 08:02

Minister Dragoș Pîslaru announces that Romania could receive €60 billion between 2028-2035, but with strict conditions.

Sources

Sunday 07:05

Neta and Zeekr are accused of manipulating sales data by taking out insurance policies on unsold vehicles, generating false sales.

Sources

Sunday 06:31

Blackstone has decided to pull out of the consortium negotiating its investment in TikTok U.S. amid uncertainties over the app.

Sources

Saturday 11:45

IMF to update global growth forecast but warns trade tensions and economic uncertainty remain high.

Sources

Saturday 06:49

Greek olive oil producers are refocusing on global markets in response to Trump's threat of a 30% tax on European products.

Sources

Saturday 05:55

The European Union is seeking ways to avoid 30% tariffs on US imports with a strategy based on negotiations and compromises.

Sources

Friday 15:46

EEAF Financial Services BV, the majority shareholder of Patria Bank, is considering the possibility of divesting its shares, without taking a decision yet.

Sources

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