Economic news

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9 October 08:35

Russia is intensifying attacks on Ukrainian gas infrastructure, which will increase gas demand in Ukraine and will influence prices in Europe.

Sources

9 October 07:55

The rapid resignation of the French Prime Minister, Sébastien Lecornu, highlights the country's fiscal problems, with a deficit of 5.8% of GDP and a public debt of 113%.

Sources

9 October 07:06

Gold prices have reached nearly $4,000 an ounce, rising due to concerns related to the independence of the U.S. central bank and the depreciation of the dollar.

Sources

9 October 06:55

Nuclearelectrica has signed two agreements with the French group EDF for the modernization of Unit 1 and the development of medical radioisotope production.

Sources

9 October 06:50

International cocoa bean prices have dropped to their lowest level in the last two years, but banks warn that the market is "oversupplied," which could generate short-term turbulence.

Sources

9 October 06:28

The proposal to increase VAT and eliminate tax incentives by the Russian government will reduce the profits of the banking sector by up to 9%.

Sources

8 October 21:03

Kristalina Georgieva, the managing director of the IMF, warned on Wednesday that market optimism regarding "the potential for productivity growth due to AI" could "suddenly reverse," comparing the current situation to the dot-com bubble.

Sources

8 October 20:15

The IMF Director, Kristalina Georgieva, announced that the global economy has avoided recession, forecasting a slight slowdown in growth in the coming years.

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8 October 19:00

The BET-TR index has surpassed the threshold of 50,000 points, registering a new historical maximum of 50,158 points on October 8, with a growth of 36% since the beginning of the year.

Sources

8 October 18:41

Industrial production in Germany fell by 4.3% in August, marking the largest decline since the beginning of 2022, primarily driven by the automotive sector.

Sources

8 October 17:11

The employees of the ArcelorMittal plant in Hunedoara will return to work on November 1, preparing for the restart of the rolling line with steel brought from Ukraine.

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8 October 14:26

The BNR Board of Administration has decided to maintain the interest rates on the lending facility at 7.50% and on deposits at 5.50% to ensure the stability of prices.

Sources

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8 October 11:56

Romania will access the European Globalization Adjustment Fund to support the 417 Amazon employees laid off in 2025, according to the announcement by the Vice President of the European Parliament.

Sources

8 October 08:31

The National Bank of Romania is meeting today to decide the level of the monetary policy interest rate. The NBR is expected to maintain the monetary policy interest rate at 6.5%, despite rising inflation and an alarming budget deficit.

Sources

8 October 07:51

The Ministry of Finance has made external loans through private placements, attracting 2.8 billion euros from major banks such as Bank of America and Goldman Sachs.

Sources

8 October 06:46

The Minister of Economy, Radu Miruță, emphasizes the precarious state of the defense industry in Romania and the urgent need for investments and modernization.

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7 October 18:59

Gold prices have reached highs, for the first time in history, of 4,000 dollars per ounce, driven by the weakening of the dollar, geopolitical tensions, and persistent inflation.

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7 October 16:11

The European Commission will introduce drastic measures to reduce oil imports from China, thus protecting European producers.

Sources

7 October 14:06

The European Central Bank warns that social networks can intensify panic and contribute to the collapse of banks in crisis situations, as in the case of Silicon Valley Bank.

Sources

7 October 13:57

The European Union intends to impose sanctions against the cryptocurrency A7A5, created by Ilan Șor, to circumvent international sanctions against Russia.

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