Cîţu: Romania’s economy will emerge from this crisis better than we expect
The Minister of Finance, Florin Cîţu, said that the Romanian economy will emerge from this crisis better than expected and…
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Eurostat: Romania had in 2019 the largest public deficit in the EU, of 4.3% of GDP
The public deficit increased both in the euro area and in the European Union in 2019 compared to 2018, but…
The unemployment rate fell to 3.9% in 2019
The unemployment rate decreased last year to 3.9%, from 4.2% in 2018, and unemployment affected to a greater extent the…
Minister of Economy: In the short term Romania will not be affected by the drastic drop in US oil prices
Romania will not be affected, in the short term, by the drastic drop in the price of oil in the…
Cîţu: We can return at the “stable” perspective, I think, at the next evaluation of Fitch
Romania’s rating outlook will return to “stable” at the next evaluation of the Fitch Ratings, if the programs we have…
5 things to know about electric cars
For many years already, electric cars have been attracting a disproportionately high interest when factored their number on the roads…
Nicolescu: The oil industry could be helped by giving up bioethanol imports for a while
The state could help the refineries by temporarily giving up bioethanol imports, said former Energy Minister Răzvan Nicolescu. “It is…
Petre Stroe, MET: Suppliers are affected not only by the financial, but also by legislative pressures
The safety of the employees and safeguarding the remote work process were achieved by MET in just one week, says…
Iohannis talks about gradual easing of the measures of economic restriction and movement of people from May 15
President Klaus Iohannis announced a gradual easing of measures to restrict economic activity as well as travel restrictions. Thus, after…
Banks are increasingly moving towards the idea of sustainable financing
Large energy companies, including from the oil and gas industry, are reorienting themselves to energy production from unconventional sources. Even…
Valentin Tătaru, ING: We anticipate a 6.6% contraction in GDP for the current year
If in Italy the activity decreased to 58%, in France, to 65%, in Romania the economic activity is somewhere between…
Investor: Delaying the deadlines of the Casa Verde program is a positive step
Bogdan Tudorache Distribution operators are no longer engaging with the public, and applicants within the Casa Verde program should have…
Energy companies, forced to make investments to relaunch economy after health crisis – Minister’s order
Each energy company under the authority of the Ministry of Economy, Energy and Business will be obliged to adopt until…
The Titan Power project receives 140 million lei through a capital increase
The shareholders of the state company Titan Power SA, established last year, are currently developing the documentation required by legislation…
Finland lifts COVID-19 lockdown in region around Helsinki
Finland lift roadblocks in the region around its capital, Helsinki, on Wednesday (Apr 15), Prime Minister Sanna Marin said, in…
Investors hail Shell’s net-zero emissions pledge
Environmentally-minded investor groups have commended Anglo-Dutch oil and gas major Shell for committing to cut emissions to net-zero by 2050…
The price of US oil stays in negative territory at least for one more day
The price of oil has entered the negative territory on the US market, in the context of the wide reduction…
‘Green recovery alliance’ launched in European Parliament
An informal alliance has been launched in the European Parliament on the back of calls from 12 EU environment ministers…
VTT aims for simple, safe, and cheap in its district heating SMR design
A simplified design, low operating temperatures and low operating pressures, and fewer moving parts means using a small modular reactor…
The Price Monitor application has been improved
The application of the Food Products Price Monitor has been updated so that consumers can compare the price charged by…
INS: The share of economic agents whose activity is reduced by more than 25% rose in April to 45%
The share of economic agents whose activity is reduced by more than 25% increases from 33.3% in March 2020 to…
US WTI downs to the lowest prices in 21 years
The US oil price reached its lowest level since 1999, amid lower demand and record stocks. The US benchmark West…
