Economic news

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26 October 16:55

The U.S. Treasury Secretary, Scott Bessent, announced on Sunday that Washington and Beijing have reached a provisional trade agreement, under which China is expected to lift restrictions on rare earth exports and purchase more soybeans from the U.S.

Sources

26 October 16:40

Car production in the United Kingdom fell by 27% in September, affected by a major cyber attack on Jaguar Land Rover, causing losses of 1.9 billion pounds.

Sources

26 October 16:10

The USA has signed an agreement with Malaysia to ensure access to rare minerals, essential for the American economy, in the context of recent restrictions imposed by China.

Sources

26 October 16:00

President Trump appears confident in finalizing a trade agreement with China, after preliminary negotiations in Kuala Lumpur.

Sources

26 October 15:00

Oliver Blume, the CEO of Volkswagen, claims that the group has enough chips to meet current demands, despite the ban imposed by China on Nexperia, which affects the European automotive industry.

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26 October 12:26

The European Commissioner for Economy, Valdis Dombrovskis, will make an official visit to Romania on October 27-28, aiming to discuss the budgetary and economic developments of the country.

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25 October 12:56

The Minister of Health, Alexandru Rogobete, announces that the CASS tax for pensions over 3,000 lei has brought almost 9 billion lei into the health budget, which has doubled in the last 4-5 years.

Sources

24 October 14:57

The SMEs in Romania support the proposal to increase the quota of foreign workers to 150,000 for 2026, responding to the acute need for labor.

Sources

24 October 14:40

The Bulgarian Parliament has approved strict conditions for the sale of Lukoil assets, including government approval.

Sources

24 October 11:48

The BNR has launched a new section on its website about the treasure evacuated to Moscow, providing information about repatriation efforts.

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24 October 11:25

A survey shows that 41% of Romanians intend to reduce their budget for Black Friday 2025, while 22% will not buy anything.

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24 October 10:06

Romania received the 16th Formal Opinion in the accession process to the OECD, confirming the alignment of the National Statistical System with the organization's standards.

Sources

24 October 10:02

On July 31, 2025, the tourist accommodation capacity in Romania increased by 5.8%, reaching 14,325 structures, the majority being 3 and 4-star hotels.

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24 October 09:54

The supermarket sector in Romania closed 2024 with a turnover of 149 billion lei, an increase of 4.35%. Lidl and Kaufland dominate the market.

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24 October 09:41

Carrefour plans to sell its operations in Romania and other countries in Central and Eastern Europe, hiring an investment bank for evaluations.

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23 October 20:54

Bolojan: Debts will affect any government, solutions require courage

Sources

23 October 20:51

Prime Minister Ilie Bolojan states that the reform of judges' pensions is a serious project, emphasizing that it will not betray society and that the CSM's opinion is formal.

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23 October 20:47

Prime Minister Ilie Bolojan will consult employers' associations and trade unions next week to decide on increasing the minimum wage, considering the capping of salaries in the public sector.

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23 October 20:42

Oil prices have risen by 5% after the sanctions imposed by the USA against the Russian energy giants, Rosneft and Lukoil, in response to the war in Ukraine.

Sources

23 October 20:20

Prime Minister Ilie Bolojan announced that exemptions for CASS will be reduced and emphasized that Romania has one of the longest maternity leaves in Europe.

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