Economic news

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11 July 09:11

The average gross wage fell by 228 lei and the average net wage by 139 lei in May 2025, with increases in IT and education.

Sources

11 July 08:52

The US Department of Defense has partnered with MP Materials to develop a rare earths supply chain, reducing dependence on imports.

Sources

+1

11 July 08:17

Bitcoin price soars exponentially, hitting a new record high of $117,000

Sources

11 July 07:42

The inflation rate reached 5.7% in June 2025, with significant increases in food and services.

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+15

11 July 07:12

Nissan has halted production of three models for the Canadian market due to US and Canadian tariffs on car imports

Sources

11 July 06:56

Oil prices fell sharply as investors assessed the impact of Trump's new trade tariffs on the global economy.

Sources

10 July 19:24

The Ministry of Finance borrowed 1.69 billion lei from banks, through bonds and treasury certificates, to refinance public debt.

Sources

10 July 12:46

Extreme weather could reduce eurozone GDP by up to 5% over the next five years, similar to the financial crises and the COVID-19 pandemic.

Sources

10 July 11:53

The NBR announces an appreciation of the euro to 5.0774 lei, while the dollar and the pound sterling fall slightly. The gram of gold rose to 462.6381 lei.

Sources

10 July 11:13

European stock markets hit new all-time highs, buoyed by optimism over tariff negotiations between the US and trading partners.

Sources

10 July 11:08

The 3-month ROBOR index fell to 6.75%, while the IRCC remains at 5.55%, according to the NBR

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10 July 10:47

Europe faces a €250bn shortfall to modernize electricity grids, affecting the delivery of renewable energy to consumers.

Sources

10 July 10:45

Thousands of workers in India have staged a nationwide strike against Prime Minister Narendra Modi's efforts to privatize state-owned companies.

Sources

10 July 10:24

Moody's sees the government's recent fiscal measures as an important step, but any deviation from the plan could affect Romania's sovereign rating.

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+2

10 July 10:17

GDP was stagnant in the first quarter of 2025, but was up 0.3% from the same period in 2024, according to the NSI.

Sources

10 July 09:10

Merck has announced the acquisition of Verona Pharma for 10 billion dollars, strengthening its portfolio of respiratory treatments.

Sources

10 July 08:56

Ursula von der Leyen has announced that the EU is working with the Trump administration on a trade deal, but is also preparing for different scenarios.

Sources

10 July 08:46

Tesla has begun expanding its robotaxi service in Austin, Texas, following an initial test. Musk has announced plans to expand to other cities.

Sources

10 July 08:05

Romania's GDP was unchanged in real terms in the first quarter of 2025, but grew by 0.3% from a year earlier.

Sources

10 July 07:48

Oil prices rose due to high demand for gasoline in the US, attacks on merchant ships and expectations of lower crude oil production.

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