Central Bank maintains key – rate at 2.5%, amid lower inflation
The NBR Board decided to keep unchanged the monetary policy rate at 2.50 percent, while maintaining strict control over money…
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Economics&Markets
CFA Romania: Depreciation of the national currency could reach 4.82 lei/ euro in the next year
CFA Romania analysts anticipate a depreciation of the national currency over the next 12 months to an average exchange rate…
Minister of Economy: We will find that Romania has no factories, even if has resources; we have a million euros for a geological program
The Ministry of Economy intends to develop the geological program to analyze Romania’s rare minerals, such as substances used for…
Moody’s: Romania’s lending profile is supported by favorable growth prospects in the medium term
The main difficulties for Romania’s credit rating include an expansionary fiscal policy and a deterioration of the current account deficit,…
Moody’s Analytics says climate change could cost $69 trillion by 2100
The consulting firm Moody’s Analytics says climate change could inflict $69 trillion in damage on the global economy by the…
McKinsey research finds the world becoming more exposed to China
The world has become more economically exposed to China at a time when the Asian giant is increasingly relying on…
The annual inflation rate declined to 3.84% in June
Consumer prices declined by 0.23% in June 2019 compared with the previous month and by 2.98% as compared to the…
Teodorovici: Today we end the discussions with the ministries on rectification
The talks with the ministries on the budget rectification will be concluded on Wednesday, and on Thursday the Prime Minister…
The European Commission has revised the economic growth estimates to 4%
The European Commission has revised to 4% growth estimates for the growth of the Romanian economy this year, while in…
Deloitte: The Romanian M&A market regained its pace in the second quarter of 2019
The mergers and acquisitions market in Romania revealed a significant growth in the second quarter of the year, compared to…
PwC: The skills shortage generates total losses of over 7 bln. euro to Romanian private businesses
Over half of the Romanian private businesses (52%) say that shortage of skilled employees causes financial losses reaching a total…
Global listings are down, while Europe’s IPOs are doubling in Q2
The trend of unicorn IPOs coming to market and pushing their proceeds to historic levels continued in Q2 2019 despite…
Romania has attracted 9.5 billion euro from European funds, the absorption rate – 30%
Romania has absorbed European funds worth a total of 9.25 billion euros from the 2014-2020 allocation, representing a rate of…
BNR keeps the key rate at 2.5%, inflation stays at 4%, but it may decrease
Bogdan Tudorache The National Bank of Romania (BNR) has decided to keep the key interest rate at 2.5%, the institution…
Chiriţoiu: A new support scheme for big consumers
Large energy consumers could benefit from a scheme to reduce their bills with the value of emission allowances, as the…
Deloitte: More than half of global organizations consider blockchain technology an essential strategic direction
More than half (53%) of global organizations consider blockchain technology a key strategic direction for development, with four out of…
Bulgarian Parliament adopted amendments for liberalisation of natural gas market
Sofia-based Parliament has adopted on first reading amendments to the Energy Act with 107 votes in favour, one against and…
When interim governance it’s the new twisted “normal” (interview Johan Meyer, Fondul Proprietatea)
For the next three years, GEO 114/2018 has potential to have a significant negative impact on the performance of companies,…
ING, among the first banks in the world to incorporate the idea of Sustainable Financing into their financing strategy
ING supports its customers in migrating towards a circular economy by providing innovative green products for projects and initiatives for…
Interconnection, refurbishment for coal and the Black Sea gas are among the priorities of a political alliance proposed by USR PLUS
The USR PLUS Alliance called for political dialogue in order to prepare a viable alternative to governance in 2020. In…
Efficiency through common approaches – energy and agro-food industry (Brasov, June 20)
In Brasov, specialists in energy and agro-food industries started the series of seminars proposed by energynomics.ro and TMT PR under the “Bioeconomy –…
Pîrvulescu, Enevo: New technologies are the attribute of the industry, we need investments and new economic models
Enevo is a technology company deeply involved in digitalization, said Cristian Pîrvulescu, CEO Enevo Group, at the 2019 Energy Strategy…
Neagu, EnergoBit: The future depends on the new generations, we have smart solutions produced in Romania
The future depends on the new generations, who are heading the new technologies and trends, said Carmen Neagu, Strategy &…