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18:30, 16.04.2024

IMF revised downwards its Romania 2024 growth estimates

IMF revised downwards its Romania 2024 growth estimates

The International Monetary Fund (IMF) has revised downwards its estimates for the growth of the Romanian economy in 2024, from 3.8% estimated in October to 2.8%, according to the latest "World Economic Outlook"…




12:21, 12.04.2024

IEA reduces oil demand growth forecast as prices climb amid rising Middle East tensions

IEA reduces oil demand growth forecast as prices climb amid rising Middle East tensions

The International Energy Agency reduced its prediction for 2024 oil demand growth, citing „exceptionally weak” OECD deliveries, a largely complete post-Covid-19 rebound and a rising electric vehicle fleet, according…




16:45, 11.04.2024

World Bank: Romania’s GDP growth forecast to increase by 3.3% in 2024

World Bank: Romania’s GDP growth forecast to increase by 3.3% in 2024

The World Bank maintained its January estimate and stated on Thursday that it anticipates Romania‘s gross domestic product (GDP) to rise by 3.3% in 2024, according to See News. The World Bank stated in its Spring…




19:50, 03.04.2024

President Iohannis: I believe Romania will perform well economically

President Iohannis: I believe Romania will perform well economically

President Klaus Iohannis said on Wednesday that he was convinced that Romania would perform well economically, pointing out that it had experienced economic growth even in conditions of high inflation. "I wouldn't…




19:50, 01.04.2024

CNSPs Stanica believes in medium term economic growth to be supported especially by investments

CNSP's Stanica believes in medium term economic growth to be supported especially by investments

Economic growth for 2024 is estimated at 3.4%, and in the medium term the GDP advance will be supported by external funds coming through the National Recovery and Resilience Plan (PNRR), through governmental investments,…




15:55, 26.03.2024

Romania to have highest economic growth in Europe in 2024, based on investments, PM says

Romania to have highest economic growth in Europe in 2024, based on investments, PM says

Romania will have the "highest" economic growth in Europe this year, based on investments and not on consumption, prime minister Marcel Ciolacu said on Tuesday, when asked at the Government about a recent European…




17:30, 12.03.2024

We expect GDP growth of 3.1% this year and 3.3% in 2025 (OECDs Cormann)

We expect GDP growth of 3.1% this year and 3.3% in 2025 (OECD's Cormann)

Romania's economy could grow by 3.1 percent this year and 3.3 percent next year, secretary general of the Organization for Economic Cooperation and Development Mathias Cormann said on Tuesday at the Romanian gov't…




14:30, 08.03.2024

Petrescu (ASF):Retail is the growth area with the best potential for Bucharest Stock Exchange

Petrescu (ASF):Retail is the growth area with the best potential for Bucharest Stock Exchange

Retail is the growth area with the best potential for the Bucharest Stock Exchange (BVB), said on Friday Chairman of the Financial Oversight Authority (ASF) Alexandru Petrescu at the initial float of Fidelis bonds…




11:15, 08.03.2024

National Institute of Statistics revises economic growth in 2023 upwards, to 2.1 pct

National Institute of Statistics revises economic growth in 2023 upwards, to 2.1 pct

The National Institute of Statistics (INS) has revised economic growth in 2023 upwards to 2.1% and downwards to -0.5% for Q4, 2023, according to provisional data published on Friday. Thus, the Gross Domestic Product…




23:01, 05.03.2024

Iohannis says Romania continues to record solid economic growth, contrary to some recessionary European developments

Iohannis says Romania continues to record solid economic growth, contrary to some recessionary European developments

President Klaus Iohannis said on Tuesday that Romania continues to record a solid economic growth, "contrary to some recessionary European developments". His message was presented by advisor Cosmin Marinescu, during…




11:55, 23.02.2024

Europe has growth challenge as inflation defeated, says Le Maire

Europe has growth challenge as inflation defeated, says Le Maire

Europe’s new battle is achieving economic growth as inflation has been defeated, according to French Finance Minister Bruno Le Maire, Bloomberg reports.  “In two years, the European Central Bank and the finance…




11:25, 23.02.2024

Over 60% of modern retail space in Romania, concentrated in first 10 big cities (report)

Over 60% of modern retail space in Romania, concentrated in first 10 big cities (report)

More than 60% of the total modern retail space in Romania is concentrated in the first 10 big cities, with more than 200,000 inhabitants, according to a report by the real estate consulting firm Colliers. Currently,…




13:30, 15.02.2024

France to lower its growth forecast as EU outlook worsens

France to lower its growth forecast as EU outlook worsens

French Finance Minister Bruno Le Maire said he will revise the government’s official growth forecast in the coming days as the outlook for European countries worsens, according to Bloomberg. “In Europe, we have…




10:35, 12.01.2024

GDP estimate growth stays at 0.9 pct in Q3 2023

GDP estimate growth stays at 0.9 pct in Q3 2023

GDP estimate growth stays at 0.9 pct in Q3 2023The Gross Domestic Product increased by 0.9 pct in the third quarter of 2023 compared to the previous quarter, on seasonally adjusted series, while, at nine months,…




15:10, 10.01.2024

World Bank cuts Romania’s 2024 GDP growth forecast to 3.3%

World Bank cuts Romania’s 2024 GDP growth forecast to 3.3%

Romania’s gross domestic product is expected to grow by 3.3% in 2024, the World Bank said, cutting its June 2023 projection by 0.6 percentage points, according to See News. The World Bank also revised its estimate…




15:10, 04.01.2024

Romania seeking 3.4 pct economic growth in 2024, as investment allocations exceed 7 pct of GDP

Romania seeking 3.4 pct economic growth in 2024, as investment allocations exceed 7 pct of GDP

Prime Minister Marcel Ciolacu declared at the beginning of Thursday's government meeting that Romania's economic growth this year will be 3.4 percent, the second highest in the EU.Ciolacu mentioned that 2024 will…




19:40, 22.12.2023

Bucharest Stock Exchange closes with growth the last session of this week

The Bucharest Stock Exchange closed Friday's session with growth, and the total value of the transactions was 64.8 million RON (13 million euros).The main BET index recorded an appreciation of 0.75%, up to 15,285.36…




23:40, 19.12.2023

Romania's economy slows down in H2, real GDP growth to probably be around 2% (ratio)

Romania's economy slowed down in the second half of this year and the real GDP growth will probably be around 2%, below the forecast, according to the Convergence Analysis Report "Romania - Euro Zone MONITOR" no.…




11:36, 04.12.2023

EV charging growth plans slowed by EU’s power grid problems

Electric vehicle drivers hoping to top up their batteries at one of Repsol’s 1,600 Spanish charging stations might well be disappointed, with nearly half lying dormant because they have no power connection, according…




14:06, 16.11.2023

EU Commission cuts Romania’s 2023 GDP growth forecast to 2.2%

Romania’s economy is projected to expand by a real 2.2% in 2023, the European Commission (EC) said, revising downwards its May forecast for 3.2% growth, according to See News. The projected deceleration from a…




19:11, 14.11.2023

Board downwardly adjusts to 2pct estimated Romanian economic growth in 2023

Board downwardly adjusts to 2pct estimated Romanian economic growth in 2023The National Economic Strategy and Forecasting Board (CNSP) has downwardly adjusted its conomic growth estimate for Romania in 2023 to…




15:55, 08.11.2023

European Commission adopts 6 bln euro-backed Western Balkans growth plan

The European Commission said on Wednesday it adopted a new growth plan for the Western Balkans, supported by a proposed 6 billion euro reform and growth facility, aiming to advance membership benefits, spur economic…




22:00, 02.11.2023

Iohannis: Romania's economic growth to remain high in 2023, over 2%

Romania's economic growth will remain high in 2023, at over 2%, compared to the countries in the region and the European Union, although we are going through complicated times, President Klaus Iohannis said on…




13:21, 31.10.2023

Euro zone Q3 GDP growth weaker than expected

Euro zone economic growth was weaker than expected in the third quarter, a flash estimate showed on Tuesday, with gross domestic product contracting slightly quarter-on-quarter and the year-on-year growth rate…




14:40, 30.10.2023

Bucharest Stock Exchange opens Monday's session with growth on almost all indices

The Bucharest Stock Exchange (BVB) opened Monday's session with growth on almost all indices, with transactions of 6.45 million RON (1.3 million euros), carried out in the first 30 minutes after the start of operations.The…




16:55, 17.10.2023

Ungaria lui Viktor Orban face o mișcare care o transformă într-un mare jucător al Europei

În perioada 9-15 octombrie, în orașul marocan Marrakech a avut loc adunarea generală anuală comună a FMI și a Băncii Mondiale, iar printre subiectele centrale s-a aflat şi de această dată diminuarea sărăciei globale,…




12:50, 17.10.2023

Austria rejects new compromise on EU debt reform

Austria has hit out at the latest compromise proposal to reform the EU’s fiscal rules, with Finance Minister Magnus Brunner arguing that it lacks ambition, according to Euractiv. At the start of October, EU presidency…




20:36, 29.09.2023

Kyrylo Khomiakov, Binance: Crypto regulation is the trend. Meanwhile, we invest in education

As soon as the MiCA (Markets in Crypto Assets) regulation comes into force, we will see a huge advance in everything related to crypto - use, partnerships, collaborations, and the adoption of cryptocurrencies will…




15:50, 28.09.2023

eMAG Sellers’ Day – Aproape 40.000 de antreprenori români sunt acum în eMAG Marketplace

Investițiile în tehnologie și programe dedicate antreprenorilor pentru dezvoltarea ecosistemului eMAG Marketplace au crescut cu 14% vânzările sellerilor din platformă, în primele opt luni ale acestui an, comparativ…




11:05, 27.09.2023

EBBRD downgrades estimates of Romanian economy in 2023, 2024

EBBRD downgrades estimates of Romanian economy in 2023, 2024The European Bank for Reconstruction and Development (EBRD) has downgraded its estimates of the Romanian economy in 2023 and 2024, according to a report…