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10:55, 11.03.2024

Israel-Hamas deal elusive ahead of Ramadan as US pressure grows

Israel-Hamas deal elusive ahead of Ramadan as US pressure grows

US President Joe Biden warned Israel against attacking the city of Rafah in southern Gaza as cease-fire talks with Hamas remained deadlocked at the beginning of Ramadan, according to Bloomberg.  The US hoped for…




11:25, 05.12.2023

Sunak makes it harder to get UK work visa as Tory pressure grows

Rishi Sunak’s government raised the salary requirement for people applying to live in the UK, one of a series of measures designed to show voters his ruling Conservative Party has a plan to deliver on its pledge…




11:45, 27.11.2023

Pressure grows on Israel to prolong cease-fire in war with Hamas

Israel is coming under increasing pressure to agree to an extension of a four-day pause in its war with Hamas, according to Bloomberg.  US President Joe Biden said he supports prolonging the cease-fire, which is…




10:41, 14.09.2023

Europe’s central bank faces close call on interest rates as threat of recession grows

Caught between stubborn inflation and weakening growth, the European Central Bank faces a close call Thursday on whether to halt its record run of interest rate hikes amid alarming signs that the economy could…




11:10, 16.08.2023

GDP grows 0.9pct in Q2, 1.7pct in H1

GDP grows 0.9pct in Q2, 1.7pct in H1Romania's Gross Domestic Product (GDP) grew 0.9% in the second quarter of 2023, compared to the previous quarter, and in the first half of the year it increased 1.7% compared…




17:05, 19.06.2023

Romanian capital market grows by over 7% in the first 5 months

The capital market in Romania grew in the first 5 months by 7.1% in terms of the BET-TR index, which also includes dividends, and the number of investors reached 140,000, a new record, according to a report of…




09:56, 16.05.2023

Romania's economy grows slightly by 0.1 pct in Q1 2023

Romania's economy grew slightly, by 0.1%, in the first quarter of this year, compared to the previous three months, while compared to the same period last year, GDP growth was 2.3% as unadjusted series, and 2.8%…




18:15, 05.04.2023

Romania's brown bear population grows to 7,500 - 8,100

There are between 7,500 and 8,100 brown bears in Romania, according to a recent study, and a constant increase in the bear population has been recorded in the country, Minister of the Environment, Waters and Forestry…




13:21, 03.03.2023

Strike, protests in Greece as anger grows over train crash

Greek railway workers extended their strike to a second day on Friday, and more protest rallies were planned, amid anger over a devastating train crash that killed at least 57, among them many university students,…




11:41, 12.01.2023

US and Japan deepen space, military ties as China’s threat grows

The US and Japan announced plans to strengthen defense cooperation on land, at sea and in space as they expressed growing concern about the growing challenge posed by China and its ties with Russia, according to…




15:01, 20.12.2022

Insurance brokerage market grows by 37% in first nine months, to over 9 billion RON

In the first nine months, insurance dealers brokered over 9 billion RON in gross written premiums, up 37% compared to the same period last year, according to a report published on Tuesday by the Financial Supervisory…




12:45, 07.12.2022

Romania’s GDP grows 4.7% y/y in Q3

Romania’s economy grew by 4.7% year-on-year in the third quarter of 2022, compared to a 7.6% annual increase over the same period last year, the country’s statistical board said on Wednesday, citing provisional…




16:50, 27.06.2022

Non-governmental loan in May grows by 1.6 pct

The balance of non-governmental loan granted by credit institutions increased in May 2022 by 1.6% compared to April 2022 (0.4% in real terms), up to the level of 345.274 billion RON, according to the data of the…




12:50, 08.06.2022

Romania's economy grows by 5.2% in the first three months of 2022

Romania's Gross Domestic Product increased by 6.5% in the first quarter of the year, compared to the same period in 2021, both in the gross series and in the seasonally adjusted series, while compared to the previous…




12:31, 08.06.2022

Romania’s GDP grows 6.5% y/y in Q1

Romania’s economy grew by 6.5% year-on-year in the first quarter of 2022, compared to a 0.1% annual contraction over the same period last year, the statistical board said on Wednesday, citing non-adjusted provisional…




11:35, 08.04.2022

Romania’s GDP grows 5.9% in 2021, consumption up 6.1%

Romania‘s economic output increased by 5.9% in 2021, after contracting by 3.7% in the previous year, preliminary data from the country’s statistical board, INS showed on Friday, confirming March provisional estimates,…




15:25, 09.03.2022

Food crisis grows as spiralling prices spark export bans

A global food crisis sparked by Russia‘s invasion of Ukraine escalated on Wednesday as Indonesia tightened curbs on palm oil exports, adding to a growing list of key producing countries seeking to keep vital food…




11:35, 21.02.2022

FMCG industry in Romania grows by 7.5 pct last year, over EU average (study)

The fast-moving consumer goods (FMCG) industry continues to be an economic powerhouse, with an increase of 7.5% last year compared to 2020, Romania advancing more than the EU average, shows a study done by global…




10:40, 15.02.2022

Romanian economy grows 5.6% in 2021; GDP advances 2.2% in Q4 2021

The Romanian economy grew 5.6% last year, and in the last quarter of 2021 the Gross Domestic Product (GDP) rose by 2.2% compared to the same period in 2020, but fell by 0.5 % compared to the previous quarter, according…




12:10, 27.12.2021

Gas imports up by over 68 pct, production grows by 0.4 pct January through October

Romania imported, in the first ten months of 2021, a quantity of usable natural gas of 2.283 million tons of oil equivalent (toe), with 68.4 pct (927,500 toe) higher than in the same period of 2020, according to…




11:00, 27.10.2021

PNL's Citu: Economy grows, we need political maturity to maintain positive trend

Romania's economy grows, the general economic parameters are improving, and now we only need political maturity to support the positive trend, said interim Prime Minister Florin Citu, PNL (National Liberal Party)…




17:31, 11.08.2021

Greece: EU is not ready for new migrant crisis as Afghan conflict grows

Greek Migration Minister Notis Mitarachi said on Wednesday that the European Union (EU) is not in a position to deal with a repeat of the migration crisis in 2015 and must try to keep people from fleeing the growing…




11:00, 15.07.2021

INS: Construction work grows by 5.5 pct, in first five months

The volume of construction work increased by 5.5 pct, in the first five months of the year, compared to the same period of 2020, as unadjusted series, while, as workdays and seasonally adjusted series, the increase…




16:46, 18.08.2020

Motorcycle market in Romania grows by 4.7 pct, at 7 months

The total number of registrations of motorcycles, ATVs and scooters has grown in Romania, in the first seven months, by 4.7 pct over the same period of last year, shows the data of the Directorate for Driving Licenses…




11:05, 14.08.2020

Romania: Wholesale trade turnover grows by 4 pct in first half of 2020

The wholesale trade turnover increased by 4 pct in the first half of this year compared to the same period in 2019, the most important contribution to this increase coming from wholesale trade in raw agricultural…




09:56, 17.03.2020

ACAROM: National car production grows 7.71 pct in February and exceeds 48,000 units

Over 48,000 cars were produced in Romania in February this year, showing an increase of 7.71 pct, compared to the same period of 2019, reveal the statistics published by the Association of Automobile Manufacturers…




11:57, 13.09.2019

INS: Turnover in cars and motorcycle trade grows 10.2 pct in July 2019

The total turnover for wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles went up in July 2019, as gross series, by 10.2 pct, compared to the same month of last year, and as adjusted…




17:14, 25.06.2019

Car market grows 11.6pct January through May 2019

The auto market continued its upward trend in May this year, reaching 11.6pct in the first five months, compared to the same period in 2018, according to a press release issued by the Association of Car Producers…




13:17, 10.10.2018

Local market for refurbished electronics grows by 25pct in 2018

The local market for refurbished electronics will increase this year by more than 25pct, mainly due to the lower purchasing price, in some cases by up to half compared to that of new equipment, but also due to…




19:43, 06.04.2018

Rail freight transport grows 6.6pct, while road transport increases 4.7pct in 2017

Border police officers from Bors Border Crossing Point (PTF) - Bihor County found on Friday morning 79 people - citizens from Iran, Iraq, Syria, Turkey and China - who tried to illegally get out of the country,…