Economy news

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9 June 07:30

Boris Vujčić, Governor of the Croatian National Bank, warns ECB to avoid disproportionate reactions to temporary fall in inflation below 2%

Sources

9 June 06:05

The United States has suspended export licenses for nuclear equipment to China amid an escalating trade war between the two countries, affecting contracts worth hundreds of millions of dollars

Sources

8 June 16:07

In the first four months of 2025, the number of dissolved firms rose to 17,253, with most cases recorded in Bucharest and Cluj

Sources

+4

8 June 07:30

Spirits producers face falling sales due to trade tensions and changing consumer habits

Sources

7 June 11:53

Work on the A1 - DN 69 link road has reached 70%, with completion expected this fall

Sources

7 June 07:55

Swiss government requires UBS to hold additional capital of $26 billion, imposing stricter rules on foreign subsidiaries

Sources

7 June 07:13

Russia's central bank cut its monetary policy interest rate by 100 basis points, marking the first decrease since the start of the war in Ukraine

Sources

6 June 10:11

PSD, PNL, USR and UDMR consider tax increases and spending cuts to balance the budget

Sources

6 June 08:48

Cristian Păun says raising taxes will not reduce the budget deficit and proposes reforms and cuts in public spending as alternative solutions

Sources

6 June 07:43

The International Monetary Fund recommends Romania to increase VAT, excise and dividend taxes and reduce health contributions

Sources

+13

6 June 05:17

Head of Fiscal Council criticizes the idea that citizens generated the budget deficit and underlines the lack of credibility of government promises

Sources

5 June 16:54

Former Finance Minister Alexandru Nazare warns that Romania will go through a difficult economic period of at least 18 months, stressing the need for an economic recovery plan

Sources

5 June 12:27

The euro was quoted at 5.0537 lei and the dollar at 4.4272 lei. Gold rose to 482.1625 lei per gram, continuing the upward trend

Sources

4 June 15:22

Larry Glick, Vice President of the Trump Organization, arrived in Bucharest for meetings with Romanian business partners and to develop investment projects

Sources

4 June 08:40

Toyota Industries shares fell more than 12% after Toyota Motor announced a $33 billion takeover bid, below investor expectations

Sources

4 June 06:54

Oil prices rise 2% to two-week high amid geopolitical tensions

Sources

3 June 16:51

Nicușor Dan, statements on defense spending: Romania will increase budget despite record deficit

Sources

3 June 13:51

Kostas Salvaras (Philip Morris) underlines Europe's urgent need to catch up with the US and China in innovation, criticizing excessive bureaucracy

Sources

3 June 13:27

SMEs call on new decision-makers to avoid tax hikes, highlighting devastating impact on SMEs, which generate 60% of jobs

Sources

3 June 10:49

Bitcoin fell 5% after hitting an all-time high of $112,000, now trading at $105,600

Sources

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