Economic news

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30 July 10:12

Google has announced that it will sign up to the EU's code of best practice for AI, supporting the strict regulations, but will also provide feedback on them.

Sources

30 July 09:51

In 2024, Cuba's private sector reached 55% of retail sales, surpassing the state sector, amid a crisis-hit economy.

Sources

30 July 09:28

Electrica debuted on Wednesday on the Bucharest Stock Exchange with a €500 million green bond issue.

Sources

30 July 08:42

The Chamber of Tax Consultants calls for the reintroduction of the reduced VAT rate for cereals and seeds, warning of the negative impact of the new regulations on the agricultural sector.

Sources

30 July 08:08

The funds needed to pay the salaries of miners in the Jiu Valley, as well as for the Miner's Day bonus, will come from Romania's revenues from the sale of greenhouse gas emission allowances

Sources

30 July 07:57

Novo Nordisk has appointed a new CEO, Maziar Mike Doustdar, and revised its financial estimates for 2023, forecasting a decline in sales.

Sources

30 July 07:20

Mozaik Investments has acquired a majority stake in Genesis College, investing €30 million to expand its educational network.

Sources

30 July 06:17

Although not part of the new trade pact, the UK could have a competitive advantage thanks to lower tariffs on its products compared to the EU.

Sources

29 July 19:46

UiPath CEO Daniel Dinnes sold more than $27 million worth of stock between May and July 2025, with frequent trades.

Sources

29 July 16:51

Hungary's government has slashed its economic growth forecast for 2025, reflecting a sluggish economic recovery and rising inflation.

Sources

29 July 16:28

The IMF has slightly revised up global growth forecasts for 2025 and 2026, but highlights economic risks from tariffs and geopolitical tensions.

Sources

29 July 16:03

Romania aims to eliminate meat imports by increasing domestic production, thereby supporting local farmers and the national economy.

Sources

29 July 12:58

The European Commission is recommending Romania to adjust its investments in order to respect the budget limits in 2025-2026, when financial pressure will increase.

Sources

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29 July 11:34

Fitch says the 15% tariff hike imposed by the US will not change the EU's rating but will add to existing economic pressures.

Sources

28 July 18:05

Leading investor Ray Dalio says Britain is in a 'doom loop' because of high taxes and rising debt.

Sources

28 July 17:39

Audi posted a 37.5% drop in net profit in the first half of 2025, caused by tariffs and company restructuring.

Sources

28 July 16:45

The 15% tariffs on European exports have a limited impact on Romania, but sectors connected to the US economy will feel the indirect effects.

Sources

28 July 15:57

The German government will present a budget for 2026 that includes record investments of €126.7 billion, focusing on defense and infrastructure.

Sources

28 July 15:46

The PSD is working on a technical document for the continuation of the 'Anghel Saligny' program, essential for Romanian communities.

Sources

28 July 15:39

The Bank of England will slow the reduction in government bond holdings due to market and political pressures as it assesses the impact of past sales.

Sources

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