09.26.2024

The European Bank for Reconstruction and Development has downwardly revised its forecast for Romania’s economic growth in 2024, to only 1.4%, compared with 3.2% projected in May 2024, while counting more

06.19.2024

Libra Internet Bank expects Romania's gross domestic product (GDP) to grow 2.6% in 2024, Lucian Anghel, the bank's deputy chief executive officer and chief economist, told a press conference. more

05.15.2024

The European Bank for Reconstruction and Development (EBRD) has maintained its projection for Romania's economy in 2024, at 3.2%, similar to the estimates in September 2023, and it expects the local more

04.09.2024

Three quarters of Romanian business leaders (75 percent) believe that the reforms and investments made through the National Recovery and Resilience Plan (NRRP) will contribute to the local economy’s more

04.02.2024

The transition to circular economy slowed globally in 2023, as the vast majority of raw materials entering economies are still coming from virgin sources, while the share of secondary, reused more

04.01.2024

Ever since 2019, Romania has been in a complicated budgetary context and a balanced approach from the authorities is needed to ensure the assumed deficit for 2024. more

03.12.2024

The Organization for Economic Co-operation and Development (OECD) is expecting Romania’s GDP to grow by 3.1% in 2024 and by 3.3% in 2025, up from 2% in 2023, according to the latest OECD Economic more

03.08.2024

Romania was among the top beneficiaries of the European Investment Bank (EIB) Group's support in 2023 relative to the size of its economy, considering that new financing committed in 2023 reached a more

01.29.2024

Businesspeople look with concern at the prospects of 2024, against the background of the increase in operational costs and the evolution of inflation at a still very high level, expecting Romania to more

01.11.2024

KPMG, one of the world’s largest audit and consulting companies, sees Romania’s economy growing by 2.5% in 2024, while inflation should reach 6.9%. Its forecasts were included in the ‘Global more

11.20.2023

The economic situation of companies with German capital in Romania has deteriorated this autumn, and most of them are also pessimistic about the future, according to the results of a survey carried more

09.27.2023

Romania’s economy will expand by only 1.8% in 2023, European Bank for Reconstruction and Development economists forecast. The projection was downwardly revised from an initial 2.5% one. more

09.21.2023

The Foreign Investors Council (FIC) warns of the recent proposals for tax changes, which not only substantially change the tax legislation and introduce a series of new taxes or increases, but also more

09.07.2023

Romania’s gross domestic product (GDP) grew by 1.7% in real terms (in unadjusted data) in the first half of 2023 compared to the same period of 2022, and by 2.8% in seasonally adjusted data, data more

06.28.2023

Eight out of ten companies in Romania expect a high or very high impact of national and European circular economy regulations, on a short and medium term, and 70% estimate that state subsidies are not 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

04.18.2023

The outlook for the global economy has taken a positive turn in the first half of 2023 as inflationary pressures began to ease, but the most recent KPMG forecast shows that ongoing geopolitical more

03.29.2023

Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a later more

03.13.2023

Private consumption in Romania expressed through the volume of retail sales grew almost 6% in January 2023 compared to January 2022, which translates into a significant acceleration versus a 3.6% more

03.10.2023

Net investments carried out in the Romanian economy totaled RON150098.8 million in 2022, up 8.5% against 2021, in line with data the country’s statistics board INS published on Friday. more

03.07.2023

Circular economy can reduce by almost one third the current global volume of resource and material consumption by extending the products’ lifespan and making sure they enter full life cycles, as per more

02.07.2023

The transition toward the net-zero economic model can protect the labor market against climate change related risks and can create up to 300 million new jobs worldwide by 2050 provided that the more

01.18.2023

The 500 largest family businesses in the world are vital to the health of and are growing faster than the global economy. Collectively, they generate US$8.02 trillion in revenues and employ 24.5 more

01.05.2023

2023 is expected to be a challenging year as the energy crisis continues to affect Europe, inflation will remain high until 2024, and the scenario of an economic recession seems imminent. more

12.07.2022

Globally, extraction of raw materials stands at over 100 billion tons, annually. This staggering figure is driven by both the persistently high levels of material consumption in high-income countries more