EU ETS system: Romania has billions of euro at disposal by 2030
Romania has several billions of euro at its disposal, via the trading emissions system (ETS) for reaching out its 2030…
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Economics&Markets
A new petition to stop Brexit has raised 3 million signatures in less than 48 hours
A petition calling for the revocation of Article 50 and for Britain’s remaining in the European Union has raised three…
A hard Brexit to cost Romania 413 mln. euro anually
A new study by Bertelsmann Foundation in Germany says that Romania would lose about 413 million euro annually, in a…
Brexit postponed, but no later than May 22nd
The European Union has accepted Britain’s request to postpone Brexit, but only for a maximum of one month, until May…
PwC, ARB: We have the lowest degree of financial intermediation, ROBOR has evolved in resonance with inflation
Romania has the lowest degree of financial intermediation in the European Union, with a value of 25.7% in 2018, three…
Over the last five years, 50 new laws have been adopted that have adversely affected investments
In the last five years, approximately 50 new laws have been adopted, which have increased the level of unpredictability of…
Isarescu: Entry into the Eurozone is no longer a panaceum; if we go unprepared, the problems get worse
Governor of the National Bank of Romania, Mugur Isarescu, said that joining the Eurozone is no longer a panaceum, and…
ICAP: EU ETS price at about 16 euro in 2018, revenues collected at 14 billion euro
The total revenues collected in the EU by the Emissions Trading System in 2018 was of 14.2 billion euro, reveals…
Foreign direct investment rose by 88.5% in January
Foreign direct investment grew by 88.5% in the first month of this year to 362 million euro, compared with 192…
Teodorovici: The final form of GEO 114 will be discussed at coalition level
By the end of March, the Government Emergency Ordinance 114 will be amended and there is no impediment until then…
Mark Davis is the new EBRD director for Romania, investments to rise
A high level EBRD delegation led by Jurgen Rigterink, First Vice President, and Alain Pilloux, Vice President, Banking, arrived in…
Project: The United States could allocate a billion dollars to Eastern Europe
A Republican Congressman has tabled a bill that, if adopted, will require the US Government to engage, financially and diplomatically,…
Energy Strategy: Romania needs 15-30 bln euros in energy investment by 2030
Romania’s energy sector needs as much as 30 billion euros ($34 billion) of investment in power, oil and gas production,…
Oil prices go up to the maximum of the last four months
The Brent oil price climbed to the highest level in the last four months on Thursday, backed by OPEC’s cuts…
The Finance Minister expects a favorable rating from S&P
The Standard & Poor’s rating agency (S&P) will publish a final report in a few days and will be a…
TeraSteel, double-digit growth in 2018
TeraSteel, part of the TeraPlast Group, one of the leading manufacturers of thermal insulated panels and turnkey warehouses in Romania,…
After Italy, Turkey’s economy enters technical recession
Turkey, a major emerging economy once perceived as a rising star by international investors, entered a technical recession (two consecutive…
Annual inflation rose to 3.83% in February
Consumer prices rose by 0.79% in February 2019, compared with the previous month, while annual inflation rose to 3.83%, amid…
Global partnership for artificial intelligence technologies in irrigation
Valmont® Industries, Inc., a leading global provider of engineered products and services for infrastructure and irrigation equipment for agriculture announced…
The sovereign fund will reduce budget revenues by 4.7 billion lei
The Sovereign Development and Investment Fund (FSDI) will reduce revenues to the state budget by 4.7 billion lei, according to…
New Supervisory Board at SAPE
The Ordinary General Shareholders Meeting of the of the Energy Participation Management Company (SAPE) elected five supervisors with four-year mandates…
Cosmin Marinescu explains why Iohannis rejected the budget: Excessively optimistic forecasts
The government’s macroeconomic forecasts are excessively optimistic, budget revenues are overvalued and based on promises, and spending is underestimated and…
INS: Net investment in the national economy slightly increased last year, by 0.8%
Net investments in the national economy totaled 84 billion lei last year, increasing by 0.8% compared to 2017, according to…