Frames survey: 78% of entrepreneurs do not trust the plan to support the economy
Bogdan Tudorache About 78% of entrepreneurs surveyed by the consulting firm Frames do not trust the plan to support the…
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General Interest
The Fiscal Council estimates a deficit of 7.45% of GDP in 2020
The Fiscal Council considers that the macroeconomic scenario based on the Government, built on a decline in real GDP by…
Moody’s estimates decline of only 5% for Romania’s GDP
Moody’s Investors Service expects Romania’s government deficit to reach 7.7% of GDP in 2020, while the level of debt as…
PwC: Global companies report USD 42 bln. in losses due to cyber fraud in the last 2 years
The value of losses reported by global companies due to cyber fraud amounts to USD 42 billion in the last…
Green Group has completed its rebranding process
Green Group, the first recycling industrial park in Romania and one of the largest in Europe, completed the rebranding process…
Energy Transition: CEEP asks for more, fresh money and better allocations
The costs of the energy transition are enormous and there is a clear need to increase the spending for the…
CIECH Soda approved the collective redundancy plan in Romania
CIECH Soda Romania has already approved, in the first part of the month, a collective redundancy plan within the company,…
Gold reached a new all-time high on Friday, at almost 250 lei/gram
The gram of gold rose, on Friday, by 49.79 bani (0.19%), to a quotation of 249.9219 lei, from 249.4240 lei,…
Minister of Economy: Dacia and Ford plants will resume their activity on May 4
The production of cars from Dacia and Ford will resume on May 4, the Minister of Economy, Energy and Business…
Virgil Popescu promises that Romania will not return to the old pre-crisis economy
Romania is preparing to get out of quarantine but officials say the economy will not be the same, their intention…
EBRD has a new country strategy for Romania; focus on infrastructure, productivity growth and the financial sector
The Board of Directors of the European Bank for Reconstruction and Development (EBRD) approved on Friday the new strategy for…
Romgaz: 1.5 mln. lei support for Alba County Emergency Hospital
Romgaz announced that it is directing the money allocated to sponsorships for the medical sector to hospitals in the country…
Efficient Romania: Energy renovation of buildings can contribute to Romania’s economic recovery after the Covid-19 crisis
Bogdan Tudorache Starting a national investment program in building renovation, to increase energy efficiency and housing quality, would be one…
MOL Romania supports the fight against coronavirus with another 400,000 euro
Bogdan Tudorache MOL Romania supports the efforts to fight the new coronavirus by granting 400,000 euro to the Dăruiește Viață…
H2 2019: Approximately 2,000 electric and hybrid cars, registered in Romania
About 1,960 electric and plug-in hybrid electric cars were registered in Romania in the second semester (S2) of 2019, so…
Sales of new motorcycles increased in Romania by 14.7% in Q1
New motorcycle registrations increased in Romania by 14.7% in the first three months of 2020, compared to the same period…
IFC Invests EUR 18.5 mln. in EFSE to boost lending to MSMEs in the ECA Region
IFC, a member of the World Bank Group, is investing €18.5 million in the European Fund for Southeast Europe SA,…
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…
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…
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…