INS revised upwards to 5.8% the data on GDP growth in Q3 – 2020
National Institute of Statistics (INS) revised slightly, to 5.8%, the data on the advance of Gross Domestic Product (GDP) in…
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Economics&Markets
PwC: The global economy is projected to rebound by early 2022, with fastest rate in two decades
The global economy is projected to grow in 2021 by around 5%, the fastest rate recorded in the 21st century,…
Deloitte: Romanian M&A activity recorded significant levels in 2020
Romanian mergers and acquisitions (M&A) market recorded 91 transactions in 2020, compared to 110, in 2019. According to Deloitte estimations,…
The Center for the Study of Democracy comes up with proposals to improve the vulnerable consumer law
The Center for the Study of Democracy (CSD), a think tank of the Babeș-Bolyai University Political Science Department, submitted to…
World Bank – pessimistic about the evolution of the Romanian economy in 2021
The Romanian economy would register an advance of 3.5% this year, after a contraction of 5% in 2020, so that…
EY: Conditions ripe for already resilient M&A activity to accelerate in 2021 and beyond
Following a rollercoaster year for mergers and acquisitions (M&A), the increase in year-over-year (YoY) value of deals recorded since the…
The Intelligent Energy Association brings suggestions for improving the draft law on the vulnerable consumer
The Intelligent Energy Association (AEI) launched a comprehensive analysis of the situation of vulnerable consumers of energy in Romania, as…
From 2021, all newly built buildings will have to have nearly zero energy consumption (Efficient Romania)
Since 2021, the new buildings in Romania, like in the rest of the European Union, will have to have almost…
European money for a new model of economic development
Romania prepares for attracting nearly 80 billion euros over the next 10 years, a sum close to the total foreign…
Unemployment rate remains high at over 5%
The unemployment rate in the third quarter of this year was of 5.2%, down 0.2 percentage points from the previous…
MPs to vote for the government led by premier-designate Florin Cîțu
The Parliament resulted after the elections on December 6, convenes today to validate the list of ministers and the governing…
Moneycorp: The main markets will not recover until 2022
The economic recovery in Romania, after the COVID pandemic, will be an asymmetric one, with sectors that will register a…
Ministry of Energy redivivus – political agreement between PNL, USR-PLUS and UDMR for the structure of the future government
The leaders of PNL, USR-PLUS and UDMR have announced they have agreed on the structure of the future government, a…
More jobs in 30% of the construction entrepreneurship companies during the pandemic…
… but 18% of them made layoffs, according to the study “The construction market – statistics and estimates 2020”, by…
ECB expects faster economic growth in 2022 amid expanded immunity
The European Central Bank (ECB) has downgraded its growth estimates for 2021 due to the second wave of the Covid-19…
Agreement for the EU multiannual budget and for the economic recovery plan of 750 billion euro
The leaders of the European Union and of the other EU institutions reached an agreement during the European Council meeting…
FIC: Almost 70% of companies estimate moderate business declines
The latest results of the FIC Business Sentiment Index (BSI) bring significant changes compared with the last iteration from March…
Start in the public debate on the EUR 30 billion from the National Recovery and Resilience Plan
In the coming years, Romania will implement a new model of economic development, based on investments, innovation and competitiveness, said…
Romania’s deficit after the first 10 months is of 7% of GDP
The budget deficit after the first ten months of this year is of 74.04 billion lei, respectively 7% of GDP,…
AHK: The economy will not recover until 2022
The pandemic caused by coronavirus currently puts a lot of pressure on companies, and over 58% of respondents expect an…
Government wants to approve Energy Strategy through GEO, to prevent infringement and blocking of EU funds
The government wants to approve by emergency ordinance Romania’s Energy Strategy, to prevent the initiation of infringement proceedings by the…
Hungary, Poland block 2021-2027 EU budget, recovery package
Hungary and Poland blocked on Monday the adoption of the 2021-2027 budget and recovery fund by European Union governments because…
Maia Sandu won the presidential election in the Republic of Moldova
Maia Sandu, the president of the Action and Solidarity Party, won the presidential elections in the Republic of Moldova, after…