500 million euros for bioethanol, SAF, and HVO
The Ministry of Energy has opened a public consultation on a state aid scheme designed to support investments in biofuel…
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Economics&Markets
IMF revises down to 0.7% estimates for Romanian economic growth this year
The International Monetary Fund (IMF) has reduced its estimates for Romanian economic growth this year to 0.7%, from 1.4% as…
Hungarian forint hits four-year high after Orban loses election
The Hungarian forint appreciated sharply after Prime Minister Viktor Orban conceded defeat in Sunday’s election, with the pro-European opposition’s victory…
Economic growth to slow in Europe and Central Asia as risks rise
Economic growth in the developing countries of Europe and Central Asia (ECA) is likely to slow substantially this year because…
NBR: Annual inflation rate will increase in the period March-June 2026 to higher values than previously forecast
The annual inflation rate will increase in the period March-June 2026 to higher values than previously forecast, mainly as a…
Mugur Isărescu: Extension of the Middle East conflict could have a severe impact on the economy
A long Middle East conflict could have a severe impact on the economy, declared Mugur Isărescu, governor of the National…
Enrico Letta in Bucharest: Europe’s fragmentation is costing it jobs, investment and energy competitiveness
The European Union has already entered the decision phase on the reforms needed to reduce fragmentation in key strategic sectors,…
Europe’s economy begins to feel the effects of the Iran war
The economic impact of the Iran war is hitting Europe, where low growth and faster inflation risk deepening industrial, fiscal…
Recession is already here; government responses to energy crisis could make it worse
Romania has entered a technical recession: GDP fell by 0.2% in the third quarter of 2025 and by 1.9% in…
Blockade of Strait of Hormuz ups inflation by 1pp in just two months, Hungary and Romania among the most affected – analysis
Central and Eastern European economies, especially Hungary and Romania, are facing the biggest blow to GDP from the energy crisis…
Marinescu (BNR): A permanent 10% increase in oil prices would have an annual impact on inflation of about 0.3%
A permanent 10% increase in oil prices would have an annual impact on inflation of about 0.3%, which would completely…
Cristian Păun: Rising oil prices will fuel inflation and put pressure on Romanians’ budgets
The increase in oil prices on international markets will fuel inflation in Romania in the coming months and put pressure…
Daniel Apostol: The Strait of Hormuz is keeping the whole world at bay
The price of gasoline and diesel could reach record levels in Romania and the rest of the European Union, and…
Finance Minister: Moody’s analysis confirms that Romania has a stable economy
The analysis by the financial rating agency Moody’s confirms that Romania has a stable economy and a degree of development…
Rising oil prices risk amplifying inflationary pressures and affecting economic growth
The rising oil prices, amid the conflict in the Middle East, risk deviating inflation from the baseline scenario for the…
Suspension of traffic through the Strait of Hormuz, the biggest risk for markets
Financial markets reacted moderately to the US and Israeli bombings of Iran, as part of the geopolitical risk was already…
Blockchain-powered carbon offset in tourism, potential financing source for RES
A global team of academics in UK has developed a blockchain and AI-based mechanism to transform carbon offsetting in the…
Romania’s economy continues to recover at a slow pace, affected by imbalances
While some economies in the region benefit from solid macroeconomic fundamentals, Romania remains exposed to significant vulnerabilities, especially in the…
Electricity rose the most in January, by 59% year-on-year
Electricity rose the most in January, by 59.33% year-on-year, but it became slightly cheaper compared to the previous month, by…
EIB: Financing worth 1.6 bln. euro in Romania in 2025
The total value of EIB Group financing in Romania in 2025 amounts to €1.6bn, with the main projects targeting the…
AEI: High energy taxation affects the competitiveness of Romanian industry
The level of taxation applied to energy and fuels reduces the competitiveness of Romanian industry and generates additional pressures on…
BNR: PNRR brought an increase in economic growth by 1.2% in the period 2022-24
Romania’s economic growth in the period 2022-2024 would have been 1.2 percentage points lower without the National Recovery and Resilience…
Energy remains the main pressure factor for inflation
The sharp increase in energy prices has contributed decisively to the high level of inflation in Romania, adding at least…