10.18.2022

The global economy seems to be settling into a regime of “stagflation” in the short term, where economic stagnation and rapid price rises coexist and, at the same time, the possibility of a global more

09.20.2022

Romania’s digital economy is likely to grow 3.5 times by 2030, to around EUR52 billion, from RON14.8 billion in 2021, with IT&C investments and e-commerce as the main growth drivers, in line with more

07.07.2022

The economic impact of the Romanian banking sector is estimated at RON2,247 billion in the period 1990-2020, according to the survey ″The contribution of the banking sector to the economy in the more

07.04.2022

AmCham Romania released the results of the fourth edition of the Business Barometer survey on the quality of the investment climate, which reveals a confidence close to the pre-pandemic levels and an more

05.16.2022

Romania’s economy is expected to slow down its growth to 2.6% in 2022 after advancing 5.9% in 2021, the European Commission (EC) said in its Spring 2022 Economic Forecast report released on Monday more

05.12.2022

Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC more

05.12.2022

Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news more

05.12.2022

Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC more

04.28.2022

Romania’s National Commission for Strategy and Prognosis (CNSP) has published the new economic growth forecast for 2022. The new economic growth the government expects is 2.9% instead of the 4.3% in more

04.11.2022

International rating agency Fitch has recently affirmed Romania's sovereign long-term rating (IDR) at BBB-, keeping it at the lowest investment-grade level, but it maintained the Negative Outlook. more

02.23.2022

Covid-19 was a huge economic shock, but the Romanian economy has shown resilience and its recovery is ongoing, as per the Investment Survey of the European Investment Bank (EIB). more

12.31.2021

The big bets for Romania’s economy in 2022 are related to the 4.6% economic growth rate the government is banking on and on which it built the 2022 state budget. Revenues are expected to grow 13% more

09.23.2021

20 out of Romania’s 41 counties and capital city Bucharest registered declines in the number of employees during June 2019-June 2021 period. Consequently, the Romanian labor market has yet to regain more

04.01.2021

This year will be more difficult than the first year of the pandemic, whose impact will be stronger in 2021, believes Daniel Gross, the chief executive officer of German-held discount store chain more

03.03.2021

The performance of the banking sector depends on the performance of the economy, and they will be convergent, while the economic growth will be moderate in 2021 and have a positive effect on lending, more

02.19.2021

The year 2021 will be a better year both overall and for Romania’s economy, believes Matthew Strassberg, comanaging partner of buyout investor Mid Europa Partners. more

01.12.2021

Romania’s economy may see an annual average growth of 2.5% between 2020 and 2022, backed by a 6.7% increase in productive investments, against the backdrop of a favorable evolution in 2019, real more

01.06.2021

The World Bank expects Romania's economy to contract 5% in 2020, followed by a 3.5% growth in 2021 and a 4.1% growth in 2022, according to a note by lender Banca Transilvania. more

01.05.2021

Romania’s economy will grow in 2021 but will not reach the 2019 level. However, not all sectors will feel it, since sectors like hospitality and food service industry and travel will remain more

12.15.2020

Romania's economy may perform better in the last quarter of 2020 compared to the EU average, as a result of the dissipation of the basic effects induced by the agricultural sector, Csaba Bálint, more

11.05.2020

Romania's economy is expected to contract by 5.2% in 2020, followed by 3.3% growth in 2021 and 3.8% in 2022, according to the European Commission's autumn economic forecast released Thursday. more

10.29.2020

Romania will not shut down its economy as it did during the two-month state of emergency in spring, finance minister Florin Citu said Thursday in a radio interview. more

09.23.2020

German companies in Romania, reunited in the Romanian-German Chamber of Commerce and Industry (AHK Romania), believe the Romanian Parliament’s decision to increase pensions by 40% represents a major more

06.30.2020

Romania’s Ministry of Economy, Energy and Business Environment has adopted, through a Minister Order, the implementation of de minimis aid schemes for the export promotion program regarding economic more

06.30.2020

Romania’s economy has the potential to grow at an annual average rate of over 2.5% in 2020-2022 interval, a scenario backed by a mix of economic policies in the European Union and in Romania, as more