PwC: Romanian companies estimate that the economy will evolve better in 2022
The perception of 59% of the general managers of Romanian companies is that, in 2022, the national economy will have…
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Romania’s GDP increased in 2021 by 17 bln. euro compared to 2019, at a record level
Romania’s Gross Domestic Product increased in 2021 by 17 billion euro, as compared to 2019 and reached almost 1,190 billion…
Prolemn: State subsidizes heating with fossil fuels, while biomass energy is not supported
Wood provides cheap, affordable, renewable thermal energy, based on an internal resource, but paradoxically the state subsidizes heating with fossil…
EBRD improved its forecasts for the Romanian economic growth in 2021 to 7.2%
The European Bank for Reconstruction and Development (EBRD) has significantly improved its estimates on Romania’s economic evolution in 2021, forecasting…
Investments in green energy would help Romania recover over 60% of GDP lost during pandemic
Romania could recover, in the next three years, over 60% of the loss of Gross Domestic Product (GDP) caused by…
WB: Romanian economy would register an advance of 7.3% this year
Romanian economy would register an advance of 7.3% this year, after a contraction of 3.9% in 2020, while in 2022…
Enel: Improve governance opens the way for investments and ensures the achievement of 2030 targets
Positive impact on Gross Domestic Product (GDP) and employment, as well as various environmental benefits. Effectively managing the energy transition…
Eurostat: Romania, among the EU countries with the highest economic growth in Q1
Gross Domestic Product decreased by 0.1% in the European Union and by 0.3% in the euro area in the first…
Impetum Group: Romanian managers see a year of economic growth, but marked by inflation
Managers’ confidence in the Romanian economy increased in Q1 2021, and the outlook for its evolution in the coming months…
EC improved its growth forecasts for Romania in 2021 and 2022
Romania’s economy will grow by 5.1% in 2021 and by 4.9% in 2022, after an advance of 3.8% this year…
World Bank has improved its estimates on the evolution of Romania’s economy in 2021
The Romanian economy would register an advance of 4.3% this year, after a contraction estimated at 3.9% in 2020, and…
Anca Dragu: This year’s budget deficit is decent, considering the times we are in
This year’s budget has a decent deficit for the times we are in, it ensures strong investments for the recovery…
About 42% of CFA members expect the economy to grow by more than 4% this year
About 42% of CFA members expect the economy to grow by more than 4% this year, above the market average…
Romania recorded the highest economic growth in the EU in Q4
Romania’s economy registered an advance of 4.8% in the fourth quarter of last year (Q4), compared to the third quarter,…
FIC: Foreign investment can make a significant contribution to economic recovery
The investments scheduled this year will reach an all-time high, amounting to 61.4 billion lei and can play the role…
FIC: Foreign investment fell by 60% in 2020, the relationship with investors should be prioritized
Bogdan Tudorache The report on foreign direct investment (FDI) made by the Foreign Investors’ Council (FIC), now in its second…
EC: Rising oil prices and the liberalization of the electricity market will increase inflation
The European Commission states that the increase in oil prices as well as the liberalization of the electricity market in…
UniCredit: Romania’s economy could return to pre-pandemic level by mid-2022
Romania’s economy could return to pre-pandemic levels by mid-2022, following a 3.7% increase in gross domestic product (GDP) in 2021…
INS revised upwards to 5.8% the data on GDP growth in Q3 – 2020
National Institute of Statistics (INS) revised slightly, to 5.8%, the data on the advance of Gross Domestic Product (GDP) in…
PwC: The global economy is projected to rebound by early 2022, with fastest rate in two decades
The global economy is projected to grow in 2021 by around 5%, the fastest rate recorded in the 21st century,…
ECB expects faster economic growth in 2022 amid expanded immunity
The European Central Bank (ECB) has downgraded its growth estimates for 2021 due to the second wave of the Covid-19…
Romania’s deficit after the first 10 months is of 7% of GDP
The budget deficit after the first ten months of this year is of 74.04 billion lei, respectively 7% of GDP,…
Cîţu: V-shape comeback of the economy, up 5.6% in Q3
The economy grew by 5.6% in the third quarter (Q3), and official data show a recovery in the V shape…