11.10.2023

Romania's central bank has kept its inflation forecast at 7.5% for the end of 2023, according to the Quarterly Inflation Report presented by central bank governor Mugur Isarescu on Friday (November more

11.08.2023

Romania's central bank has decided at its board meeting on Wednesday (November 8, 2023) to keep its benchmark interest rate on hold at 7%. more

10.13.2023

Romania's current account balance posted a deficit of EUR13.7 billion in January-August 2023, lower than the EUR18.5 billion level reported in the same period of 2022, central bank data showed on more

10.05.2023

Romania's central bank has decided at its board meeting on Wednesday (October 5, 2023) to keep its benchmark interest rate on hold at 7% a year. more

10.02.2023

Romania's foreign exchange reserves stood at EUR59.23 billion in September 2023, higher by EUR5.3 billion versus August 2023, after Romania had received a tranche of the National Recovery and more

09.27.2023

Most Central and Eastern European (CEE) countries have had a free market economy for only 30 years; as the region’s economies are relatively young, the pursuit of profit remains a central priority more

09.13.2023

Romania's current account balance posted a deficit of EUR11.89 billion in January-July 2023, lower than the EUR15.2 billion level reported in the same period of 2022, central bank data showed on more

09.01.2023

Romania's foreign exchange reserves stood at EUR53.90 billion at the end of August 2023, close to the EUR53.93 billion level reported at the end of July 2023, central bank data showed on Friday more

09.01.2023

The corrective measures of macroeconomic imbalances Romania is facing, especially the budget deficit and the current account deficit, that have been taken so far have either been insufficient or have more

08.07.2023

Romania's central bank has decided at its board meeting on Monday (August 7, 2023) to keep its benchmark interest rate on hold at 7% a year. more

08.01.2023

Romania's foreign exchange reserves stood at EUR53.9 billion in July 2023, higher by EUR519 million versus June 2023, central bank data showed on Tuesday (August 1). more

07.24.2023

Private lending in Romania grew 6.4% in nominal terms (-3.5% in real terms) in June 2023 versus June 2022 to RON375 billion, central bank data showed on Monday (July 24). more

07.14.2023

Romania's current account balance posted a deficit of EUR8.27 billion in January-May 2023, lower by EUR1.66 billion (-16.7%) than the EUR9.93 billion level reported in the same period of 2022, central more

07.13.2023

Razvan Filcescu has been officially approved by Romania’s central bank to take over the role of Vice-President responsible for coordinating all business activities of First Bank. more

07.03.2023

Romania's foreign exchange reserves stood at EUR53.4 billion in June 2023, higher by EUR335 million versus May 2023, central bank data showed on Monday (June 3). more

06.28.2023

Romania's central bank reported a profit of RON1.08 billion for 2022, lower by 46.3% than the level reported in 2021. more

06.15.2023

Deloitte Romania opens application for the 24th edition of the Technology Fast 50 Central Europe competition, addressed to large and small local companies in the technology sector, public and private, more

06.14.2023

The economic outlook remains closely linked to inflation trends and to the response of central banks, and forecasts are subject to a number of downside risks, including the supply of energy and more

05.25.2023

Private lending in Romania grew by nearly 9% in nominal terms (-2.2% in real terms) in April 2023 versus April 2022 to RON369.9 billion, as local currency lending increased by 1.6% (-8.6% in real more

05.15.2023

Romania's current account balance posted a deficit of EUR5 billion in January-March 2023, lower by 7.8% than EUR5.42 billion in the same period of 2022, central bank data showed on Monday (May 15, more

05.10.2023

Romania's central bank has decided at its board meeting on Wednesday (May 10, 2023) to keep its benchmark interest rate on hold at 7% a year. more

05.02.2023

Romania's foreign exchange reserves stood at EUR53.3 billion in April 2023, higher by EUR112 million versus March 2023, central bank data showed on Tuesday (May 2). more

04.28.2023

Private lending in Romania grew by 10.2% in nominal terms (-3.8% in real terms) in March 2023 versus March 2022 to RON370.4 billion, as local currency lending increased by 2.7% (-10.3% in real terms) more

04.26.2023

Romania and the Republic of Moldova share a rich cultural heritage, the same language, and a long history of mutual support and cooperation. These common roots provide a solid foundation for the more

04.26.2023

Forty Management, a leading real estate developer of mixed-use and urban redevelopment projects in Romania, has started works for Central District Lagoon City, a project that will comprise over 400 more