11.14.2024

Erste Group, the owner of Banca Comerciala Romana (BCR), said in a report released on Thursday (Nov 14) that it had lowered its full-year economic growth forecast for Romania to 0.8%, down from its more

11.14.2024

Romania's economy increased by 1.1%, in unadjusted data, in the third quarter of 2024 compared to the same period of 2023, but remained unchanged in real terms versus the second quarter of 2024, flash more

10.14.2024

The macroeconomic confidence index of CFA Romania Association shed 6.7 points in September, to 40.1 points, amid the 7.3-point decline of the anticipations component and the 5.5 point-drop of the more

09.06.2024

BCR, the second largest bank in Romania, has revised its 2024 economic growth forecast for the country to 1.9% from 2.6%, as previously stated. The revision of the forecast is because of the mere 0.7% more

09.06.2024

ING Bank has decided on Friday (Sept 6) to revise its growth forecast for Romania's economy in 2024 to 1.3% from its previous estimate of 2% after Romania's statistics board INS released detailed data more

08.14.2024

ING Bank has decided on Wednesday (August 14) to revise its growth forecast for Romania's economy in 2024 to 2% from its previous estimate of 2.8%, a level that is still deemed optimistic. more

07.04.2024

Over half (56%) of non-financial companies in Romania have perceived a worsening of the economic situation nationally in the past six months, reveals a survey conducted by the central bank BNR, but more

05.22.2024

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0719 units/euro in the next 12 months, while the inflation rate will more

04.01.2024

Rating agency Moody’s estimates Romania economy will grow by 3% in 2024 and 3.5% in 2025, supported by consumption, but also by public and private investment, while the government will further face more

03.21.2024

The evolution of Romania economy in 2024 will be in line with the tendencies registered in the rest of Europe, set to mark modest growth, below potential, of just 2,7%, slightly above the 2% pace of more

02.28.2024

The optimism regarding the economic evolution in Central Europe is growing, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey, as the share of respondents who more

02.16.2024

The European Commission, in its Winter Forecast on February 15, revised downwards its forecast for Romania’s economic growth to 2.9% for 2024 and 3.2% for 2025, lower by 0.2 percentage points (pp) more

02.07.2024

Romania will register economic growth of around 3% in 2024, followed by 3.5% in 2025, but in parallel public finances will continue to deteriorate, becoming a reason of concern, with deficits of more

01.08.2024

iBanFirst analysts expect a slight depreciation trend for the Romanian leu (RON) versus the euro and dollar in the first quarter of 2024, amid weak growth of the Romanian economy. more

11.27.2023

Amidst a fluctuating global economic landscape marked by improved consumer confidence and a temporary halt in rate hikes, the 2023 global real GDP growth forecast has been adjusted upward to 2.4%, more

11.15.2023

Just a third of investors participating in the latest edition of Business Sentiment Index compiled by the Foreign Investors Council (FIC) consider the Romanian market appealing in the autumn of 2023, more

10.04.2023

The Bucharest Stock Exchange (BVB) is investing in students' future through the modernization project of Amphitheater 2101 within the Bucharest University of Economic Studies (ASE). more

09.22.2023

ING Bank has revised its growth forecast for Romania in 2023 from its previous estimate of 2.5% to 1.5%, based on a slightly disappointing first half of the year and limited prospects for an more

09.04.2023

Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD), is coming to Bucharest this week, where he will hold talks with President Klaus Iohannis, Prime more

07.03.2023

The Board of Executive Directors of the World Bank Group (WBG) on Monday (July 3) approved the second Inclusive and Green Growth Development Policy Loan (DPL) for Romania in the amount of EUR591.9 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

05.17.2023

A report by the World Economic Forum shows that although 69 million jobs will be created until 2027, 83 million jobs will be lost, resulting in a net loss of 14 million jobs, i.e., 2% of current more

05.12.2023

Foreign direct investment (FDI) into Europe stalled in 2022, rising only 1% compared with 2021, and remains 7% lower than in 2019, just before the COVID-19 pandemic hit, according to the annual EY 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

04.25.2023

Euro area economic growth surprised on the upside, with stagnant GDP in Q4/2022 and likely modest growth in Q1/2023, quelling previous expectations of an imminent recession, as per the EY European more