Economy news

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1 July 09:35

The European Commission has received 76 bids for artificial intelligence gigafactories, exceeding expectations and marking an important step in the competition with the US and China.

Sources

1 July 08:33

Finance Minister Alexandru Nazare underlines Romania's economic vulnerabilities and budgetary instability, calling for a reconstruction of the budget on solid foundations.

Sources

30 June 16:34

Minister Dragoș Pîslaru has announced an agreement with the EC for the full absorption of PNRR funds, moving some projects to the loan component.

Sources

30 June 13:20

H2Apex's Peter Roessner points out that hydrogen investment is focusing on Europe amid instability in the US, and European funds are growing significantly.

Sources

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30 June 12:40

On Monday, the leu appreciated against the euro and other currencies, according to the NBR exchange rate.

Sources

30 June 10:12

Nearly 900,000 Romanians save for voluntary pensions (Pillar 3), with an average return of 6.1% per year, but APAPR is calling for an increase in tax deductibility.

Sources

30 June 08:50

The Bolojan government is announcing tough measures to reduce the deficit, including job cuts and tax hikes, which could generate public discontent.

Sources

30 June 08:46

Nike announces reduced reliance on Chinese manufacturing amid new trade tariffs and optimizes its sourcing strategy.

Sources

30 June 08:13

Cognac producers in France have reached a tentative agreement with China on minimum import prices, but the signing depends on progress in the dispute over tariffs for electric vehicles.

Sources

30 June 07:35

The 22 largest US banks have demonstrated a solid ability to weather a severe recession, maintaining capital above the minimum required.

Sources

30 June 07:29

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30 June 06:57

BIS highlights global economic uncertainty, heightened by trade tensions and vulnerabilities. Public debt and the falling dollar contribute to fragility.

Sources

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30 June 05:44

In the past 12 months, Nvidia executives have sold $1 billion worth of shares, including $500 million in June, amid the stock rally.

Sources

29 June 09:00

OPEC+ plans to increase oil production by 411,000 bpd in August, aiming to regain market share and respond to global demand.

Sources

29 June 08:45

Meta Platforms has hired four researchers from OpenAI, continuing its expansion into artificial intelligence.

Sources

29 June 08:05

South Korea's stock market surged on President Lee Jae-myung's promises to authorize cryptocurrencies, with shares such as Kakao Pay and LG CNS seeing significant increases.

Sources

29 June 06:05

The United States and the G7 have agreed to support exempting US companies from some international tax provisions, a deal that could amend the 2021 agreement to introduce a global minimum tax to combat multinational tax avoidance

Sources

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28 June 14:50

In May 2025, state child benefits totaled 1.213 billion lei, with an average amount of 334.88 lei per beneficiary.

Sources

28 June 09:30

TikTok has set up a branch office in Romania to manage government relations and business development.

Sources

27 June 19:44

Romania faces economic stagnation, falling into the middle-income trap after 25 years of growth.

Sources

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