08.25.2021

Garden Inn Bucharest Airport Hotel, controlled by Lithuania’s Apex Alliance, in July posted a 70% occupancy rate, with demand on an upward trend in recent months. more

08.20.2021

The Romanian leu dropped to a fresh all-time low against the euro on Friday (August 20), as the central bank average reference rate stood at 4.9338 lei to the European currency. more

08.10.2021

The leu exchange rate is showing strengthening not depreciation and, unlike the floating exchange rate policies of Hungary, Czech Republic and Poland, Romania’s central bank (BNR) kept the exchange more

08.06.2021

Romania's central bank decided on Friday (August 6) to hold the benchmark interest rate at a record low of 1.25% a year. more

07.30.2021

Romania's seasonally adjusted unemployment rate inched down to 5.2% in June 2021 from 5.5% in May 2021, data from the country's statistics board showed Friday. more

07.14.2021

The Romanian leu dropped to a fresh all-time low against the euro on Wednesday (July 14), as the central bank average reference rate stood at 4.9283 lei to the European currency. more

07.09.2021

The Romanian leu on Friday dropped to a fresh all-time low against the euro, as the central bank average reference rate stood at 4.9281 lei to the European currency. more

07.07.2021

Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, despite rising inflation. more

07.01.2021

In May 2021, the euro area seasonally-adjusted unemployment rate stood at 7.9%, up from 7.5% in May 2020. At the same time, the EU unemployment rate was 7.3% in May 2021, up from 6.9% in May 2020, more

05.12.2021

Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more

04.21.2021

Capital city of Bucharest registered 14,974 jobless people (of whom 8,127 women) at the end of March 2021, taking the unemployment rate to 1.21%, lower by 0.82% compared with February 2021, per data more

03.26.2021

Romania's seasonally adjusted unemployment rate stood at 5.2% in the fourth quarter of 2020, unchanged compared with the third quarter, data from the country's statistics board showed Friday. more

03.15.2021

Romania's central bank on Monday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more

03.10.2021

Romania's seasonally adjusted unemployment rate grew to 5.6% in January from 5.2% in December, data from the country's statistics board showed Wednesday. more

02.01.2021

Romania's seasonally adjusted unemployment rate fell to 4.9% in December 2020, lower by 0.2 percentage points than 5.1% in November 2020, data from the country's statistics board showed Monday. more

01.28.2021

Romanian state-owned lender CEC Bank is launching a personal loan with a fixed interest rate of 10.40% per year, which can be contracted exclusively online, without making any trips to the bank, via more

01.28.2021

The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in loans. more

01.25.2021

Capital city of Bucharest registered 15,251 jobless people (of whom 8,167 women) at the end of December 2020, taking the unemployment rate to 1.28%, lower by 0.78% compared with November, according to more

01.21.2021

Courtyard Bucharest Floreasca by Marriott Hotel, which opened in northern Bucharest in 2019, ended last year with a quarter of the occupancy rate owner Lithuania’s Apex Alliance had estimated. more

01.18.2021

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, plunged to 1.59% a year on Monday (Jan more

01.15.2021

Romania’s central bank on Friday (Jan 15) surprisingly lowered its main monetary policy rate to a new record low of 1.25% a year, from 1.50% a year, starting Monday (January 18, 2021). more

01.14.2021

Romania's annual inflation rate stood at 2.1% in December 2020, the same as in November, and in line with the central bank's forecast, data from the country's statistics board showed Thursday. more

01.12.2021

The household saving rate reached on average 16.9% (a record high) between January and September 2020, higher by 2.3 percentage points compared with the average recorded in 2019, stated Andrei more

01.08.2021

Romania's seasonally adjusted unemployment rate inched down to 5.1% in November 2020 from 5.3% in October, data from the country's statistics board showed Friday. more

12.22.2020

Hotel operators in Romania expect an annual average occupancy rate of 31% in 2021, compared with 24% in 2020, when the market saw an average decline in profit of 73% for January-October, per a survey more