11.08.2024

Romania's central bank has decided at its Board meeting on Friday (Nov 8, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024. more

10.17.2024

Romania had the highest annual inflation rate, of 4.8%, among European Union Member States, in September 2024, data from Eurostat, the statistical office of the European Union, showed on Thursday more

10.04.2024

Romania's central bank has decided at its Board meeting on Friday (Oct 4, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024. more

10.02.2024

Romania’s unemployment rate stood at 5.5% in August 2024, higher by 0.1 percentage point compared to July 2024, data from the country’s statistics institute INS show on Wednesday (Oct 2, 2024). more

09.26.2024

The exchange rate has a short-term upward potential, with a target of RON5 to the euro, which is largely driven by lower bond yields, driving investors to put tactical bets on the euro in hopes of more

09.18.2024

Romania is the country with the highest inflation rate among the European Union member countries, for the sixth consecutive month, after reporting an annual consumer price index of 5.3% in August more

09.16.2024

Financial analysts part of CFA Romania Association anticipate a 4.95% inflation rate for the next 12 months (August 2025), higher than they estimated one month ago, and an average exchange rate of more

09.13.2024

In the second quarter of 2024, the employment rate for the working age population (15-64 years) was 64.4%, increasing by 0.2 percentage points compared with the level recorded in the first quarter of more

08.22.2024

The five-star Marmorosch Bucharest hotel, owned by Lithuanian group Apex Alliance, had an average occupancy rate of 80% in the first half of 2024, higher than in the year-ago period, and expects more

08.20.2024

The European Union member countries with the highest inflation rates in July 2024 were Romania (5.8%), Belgium (5.4%) and Hungary (4.1%), according to data provided by Eurostat, the statistical office more

08.19.2024

Financial analysts part of CFA Romania Association expect a 4.4% inflation for the next 12 months and Romanian currency to fall to an average value of 5.1062 units/euro. more

08.07.2024

Romania's central bank has decided at its Board meeting on Wednesday (August 7) to lower its benchmark interest rate to 6.50% a year from 6.75% a year, starting August 8. more

08.06.2024

Bucharest’s four-star hotel Cismigiu, controlled by Spain’s Hercesa, boosted its turnover by 3% in the first half of this year from the year-earlier period, in line with its budget. more

08.01.2024

Romania’s unemployment rate stood at 5.5% in June 2024, higher by 0.1 percentage point compared to May 2024, data from the country’s statistics institute INS show on Thursday (August 1, 2024). more

07.05.2024

Romania's central bank has decided at its Board meeting on Friday (July 5) to lower its benchmark interest rate to 6.75% a year from 7% a year, starting July 8. more

07.02.2024

Romania’s unemployment rate stood at 5.4% in May 2024, higher by 0.1 percentage point compared to April 2024, data from the country’s statistics institute INS show on Tuesday (July 2, 2024). more

06.18.2024

Romania had the highest annual inflation rate, of 5.8%, among European Union Member States, for the fifth consecutive month, in May 2024 compared to April 2024, data from Eurostat, the statistical more

06.14.2024

The employment rate for the working age population (15-64 years) was 64.2% in the first quarter of 2024, higher by 1.2 percentage points compared to the level recorded in the fourth quarter of 2023, more

05.30.2024

Romania’s unemployment rate stood at 5.3% in April 2024, higher by 0.1 percentage point compared to March 2024, data from the country’s statistics institute INS show on Thursday (May 30, 2024). 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

05.13.2024

Romania's central bank has decided at its Board meeting on Monday (May 13, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's fourth consecutive rate freeze in 2024 and the more

05.07.2024

Romania’s unemployment rate dropped to 5.3% in March 2024, lower by 0.3 percentage points compared to 5.6% in February 2024, data from the country’s statistics institute INS show on Tuesday (May more

04.26.2024

Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rate will more

04.19.2024

Romania ended 2023 with a 5.6% unemployment rate (455,600 people), about the same as in 2022 and 2021, as the employment rate for people aged 20-64 stood at a 68.7%, an increase of 0.2% year-on-year, more

04.17.2024

The annual inflation rate will decline further in the coming months, but at a slower pace compared to 2023 and on a slightly higher path than that anticipated in the February 2024 medium-term more