Economy news

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17 July 13:34

Hakan Samuelsson, head of Volvo Cars, is calling for the EU to lower tariffs on US cars by 10%, arguing that European manufacturers don't need protection.

Sources

17 July 12:41

President Trump will send a letter to inform 150 countries about a uniform tariff, which will be between 15% and 20%.

Sources

17 July 12:23

Annual inflation in the EU rose to 2.3% in June, with Romania having the highest rate at 5.8%. Other countries with low inflation are Cyprus, France and Ireland.

Sources

17 July 12:17

The official NBR rate rose slightly for the euro and the dollar, while gold fell.

Sources

17 July 11:46

The Ministry of Finance has listed Fidelis government securities in order to attract investors, including from the Diaspora. The offer had a record number of subscriptions.

Sources

17 July 09:36

The 3-month ROBOR fell u00een from 6.72% to 6.71%, and the 6-month ROBOR from 6.85% to 6.84%.

Sources

17 July 09:15

Romanian DIY market leader Dedeman acquires Greece's Praktiker Hellas, marking international expansion.

Sources

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17 July 08:53

In the first five months of 2025, the Romanian industry recorded significant increases in several sectors, except for the energy industry, which declined.

Sources

17 July 08:25

MEP Siegfried Mureșan said that the European Parliament will reject any budget that does not protect agriculture and cohesion allocations.

Sources

17 July 08:01

The UK's inflation rate rose to 3.6% in June, beating economists' expectations, and sterling appreciated slightly.

Sources

17 July 07:41

Shares in the tech sector are up 35%, with Nvidia and Meta leading the way, but valuations are above the market average, raising concerns.

Sources

17 July 07:30

Romanian mayors are spending millions of euros on projects such as bicycle lanes in the countryside, instead of investing in essential infrastructure.

Sources

17 July 06:48

The calm reaction in European markets could be misleading, warn some analysts, who say global investors are misjudging President Trump's decision to implement new trade tariffs

Sources

17 July 06:25

Romania is taking tough fiscal measures to consolidate its public finances, with painful immediate effects, but long-term benefits.

Sources

16 July 18:48

The Minister of Foreign Affairs underlined the problems with secondments, caused by the lack of recruitment and the insufficient budget of the MFA.

Sources

16 July 18:18

Paval Holding, the owner of Dedeman, will acquire Praktiker Hellas, marking its entry into the Greek market and Fairfax's withdrawal from the Greek DIY sector.

Sources

16 July 18:05

Romanian employers are bringing in workers from abroad to fill labor shortages caused by the departure of Romanians and the lack of availability of those who remain.

Sources

16 July 16:01

The Amazon Development Center in Iasi will lay off hundreds of employees from its RBS division, reducing the workforce from 3,424 to about 2,900.

Sources

16 July 12:37

Renault shares fell as much as 17% after the company revised its 2025 estimates and appointed a new interim CEO.

Sources

16 July 12:25

Marius Pandele of Prime Transaction estimates the value of Transgaz shares at 51.87 lei, up 46.74% from the current price, due to improved financial results.

Sources

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