FIC: 54% of companies foresee a positive evolution for 2023
Foreign Investors Council (FIC) published the results of the latest edition of the Business Sentiment Index (BSI) held in September…
BNR increased the inflation forecast to 16.3% for the end of 2022
The National Bank of Romania (BNR) increased the inflation forecast for the end of this year to 16.3% and estimates…
NBR increased the key interest rate to 6.75%, inflation to decrease in 2023
In its meeting of 8 November 2022, the Board of the National Bank of Romania decided to increase the monetary…
NBR surges interest rate by 75 bp, as inflation soars
The Board of Directors of the National Bank of Romania decided today to increase the monetary policy interest rate to…
Dăianu: It was not understood that liberalization of energy market must be accompanied by a good organization
Liberalization does not equate to deregulation, and if we look at the energy market in Romania, it is not understood…
Popa, BNR: If the capping scheme were to remain as it is, the deficit would probably jump to 9% of GDP
If the capping and compensation scheme would remain in its current form and would cost 40 billion lei, there is…
Marcel Ciolacu: Virgil Popescu must come up with a new normative act by September 1
The Minister of Energy, Virgil Popescu, must come up, by September 1, with a normative act that will regulate the…
FDI – up by 21%, to 4.37 billion euro, in H1
Foreign direct investments increased by 21.47% in the first half of this year (H1), to 4.379 billion euros, compared to…
C-Bank Governor expects an economic growth of 2-3% this year
Romania could register this year an economic growth of 2-3%, possibly even higher, said on Tuesday the Governor of the…
BNR raises interest to 5.5%, inflation will cap in Q3, following a gradual downward trend
Board of the National Bank of Romania decided to increase the monetary policy rate to 5.50 percent per annum, from…
Isărescu: Energy energy price surges are both inflationary and recessionary, we work with all the tools to keep the situation under control
Energy price increases are both inflationary and recessionary, and the NBR is working with all instruments to keep the macroeconomic…
Adrian Vasilescu: Energy continues to fuel inflation around the world
Energy continues to fuel inflation around the world, and it is likely to see it decline at the end of…
C-Bank increases the key interest rate to 3.75% per year
The Board of Directors of the National Bank of Romania decided on Tuesday to increase the monetary policy interest rate…
Foreign direct investment increased by almost 10% in the first two months of 2022
Foreign direct investment increased by 9.7% in the first two months of this year, to 926 million euro, compared to…
Popa: Energy prices have been passed on in foods, NBR tries to counterbalance the effects
Energy prices have been transmitted to food, while services have felt less shocked, being less energy intensive, but the NBR…
NBR decided to increase the key-interest rate at 3%, estimates a further rise in prices
The Board of the National Bank of Romania, having convened for the meeting of 5 April 2022, decided to increase…
Suciu: Inflation has reached 8.5% in Romania, but it is a global phenomenon
Inflation rose in February 2022 in Romania as well, reaching 8.5%, but it is a general global phenomenon and the…
The 3-month ROBOR index has risen to its highest level in nine years
The 3-month ROBOR index, according to which the cost of most loans is calculated, rose on Friday to 3.78% per…
NBR: Inflation will exceed 11% in June, amid rising energy prices
The annual inflation rate is expected to sharply increase in the second quarter of 2022, to 11.2% in June, compared…
Finance announces “mix of measures” so inflation doesn’t hit double-digit
The Minister of Public Finance, Adrian Câciu, hopes that at the beginning of March the Government will have prepared a…
C-Bank forecasts inflation of 9.6% by year-end
The central bank of Romania (BNR) forecasts an inflation rate of 9.6% by the end of this year, of which…
World Bank: Romanian economy expected to advance 4.3% this year
The Romanian economy is expected to grow by 4.3% this year, compared to a 4.5% advance forecast in June 2021,…
NBR: 70% of the inflation index component is determined by energy prices
The National Bank of Romania is trying to anchor inflationary expectations, by raising the monetary policy interest rate and to…