The European Parliament adopted, on Wednesday, in Strasbourg, a resolution requesting the referral of the trade agreement between the EU and Mercosur to the Court of Justice of the European…
Business
News and economic analysis on the economic crisis, unemployment, inflation, investments, profits, businesses. You also read about highways, roads, prices, increases, pensions, and budget deficits.
From 8% to 60%: Europe’s energy dependence shifts from Russia to the US under pressure from Trump
Donald Trump’s influence on the energy supply of the European Union and the United Kingdom is growing, as Europe shifts its dependency from Russia to the United States. This is…
Energy consumption hits a four-year high, with gas use reaching psychological thresholds
Romania is going through one of the most demanding periods in recent years, in terms of energy, against the backdrop of extremely low temperatures. However, the available resources from production,…
The Mercosur Agreement sends farmers to the streets, as Romania dispatches over 200 protesters to Strasbourg (Video)
Over 200 Romanian farmers are participating in a large European protest against the EU-Mercosur Agreement on Tuesday in Strasbourg, alongside farmers from several other member states. The demonstration is taking…
Bucharest ranks first in Europe for electricity prices relative to purchasing power
Bucharest is currently the most expensive European capital when we compare the price of electricity to the purchasing power of the population. The conclusion comes from an analysis conducted by…
Romania, once again the most expensive energy market in Europe, amid record consumption
Romania was on Thursday, January 15, for the second consecutive day, the most expensive spot electricity market in Europe, due to very high consumption fueled by the recent low temperatures.…
China Defies Trump’s Tariffs as 2025 Trade Surplus Hits Record High
China ended 2025 with a new record trade surplus, despite the difficulties caused by American tariffs that have impacted global trade. Last year, exports grew by 5.5% annually, reaching around…
Romanians invest more than 21 billion lei in Fidelis government bonds, a historic record
Romanians have invested over 21 billion lei this year in the Fidelis program, a record level since the launch of government securities for the population, announced the Minister of Finance,…
British bankers have opposed the use of blocked Russian assets, fearing a Russian retaliation
British banks have opposed the use of some of the blocked Russian assets in the country, as the London government has not offered them guarantees in case of a reaction…
A Romanian company will produce interceptor drones and is testing AI-powered kamikaze systems
The Romanian company BlueSpace Technology will produce interceptor drones under a Ukrainian license and is already testing its own autonomous kamikaze models, announced CEO Constantin Pintilie at an event held…
Romania Secures 40% Royalty Increase in Revised OMV Petrom Agreement
Royalties for the oil and gas extracted by OMV Petrom from the areas taken over during privatization will increase by 40%, according to a preliminary agreement announced by Prime Minister…
Unexpected shift in the property market: The city that topped Cluj and the Capital in price hikes
Apartment prices for sale have increased by an average of 14% in Romania over the past year. The biggest surprise comes from Craiova, a city that has recorded the fastest…
Minister Pîslaru explains why the electric minibus scandal is only now reaching the European Prosecutor’s Office
It took four months for the Ministry of Investments to notify the European Public Prosecutor’s Office about the robbery involving school minibuses purchased at inflated prices with funds from the…
How the government could rapidly bring 20 billion euros into the budget
Financial expert Adrian Codirlașu has a quick solution for increasing budgetary resources – selling minority stakes in profitable state-owned companies. “This means that the state retains control, the state decides…
€1 Million Per Unit: Romania Enters Elite Market of High-Power Laser Mirrors
The construction of a special mirror factory for high-power lasers has begun in Măgurele, an investment of 193 million euros funded by the Romanian Government. The facility will operate within…
Germany “in the deepest post-war crisis.” The industry is losing tens of thousands of jobs
The German economy is going through „the deepest crisis” since the war, warns the Federation of German Industries (BDI), accusing the government led by Friedrich Merz of not reacting to…
Bolojan highlights a drop in the deficit and a surge in VAT revenues. October was the best month of 2025
Prime Minister Ilie Bolojan stated in a post published on Facebook on Thursday that the budget execution for the first ten months of the year shows „a decrease in the…
Romania Escapes EU Sanctions as Excessive Deficit Procedure Paused
The European Commission adopted, on Tuesday, the autumn package of the European Semester and announced that the excessive deficit procedure is suspended for nine member states: Romania, Austria, Belgium, France,…
Tanczos Barna: VAT hikes reduce consumption, but the effect fades within 2-3 months
Deputy Prime Minister Tanczos Barna stated on Monday evening that any increase in VAT primarily leads to a decrease in consumption, but this market reaction is temporary. „Every time, any…
Romania set to send NRRP payment request 4 in December. Pîslaru anticipates €2.62 billion arriving in February
The Minister of Investments and European Projects, Dragoș Pîslaru, announced that Romania will submit around December 15th the payment request number 4 from the NRRP. He states that this is…