Romania risks turning energy storage into a new speculative business instead of using it to reduce prices and increase energy security, warns Dumitru Chisăliță, president of the Intelligent Energy Association…
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.
The solution found by shipping giants to bypass the blockade in the Strait of Hormuz
Major shipping companies have found alternative solutions to bypass the blockade in the Strait of Hormuz, but their capacity is limited, and trade to the states in the Persian Gulf…
Romania to open a new port this summer, betting on Ukrainian grain and post-war reconstruction: “We have no competition”
The port in the Sulina Free Zone is nearing the moment when it will become fully operational, following the completion of the main infrastructure works. The Director of the Sulina…
Nuclearelectrica defends Doicești project after Bolojan says it swallowed $240 million: SMRs are the future of energy
Nuclearelectrica has sent a notification to the Bucharest Stock Exchange defending the small modular reactors (SMR) project in Doicești and stating that it has „enormous potential” for the development of…
Rental market data from major cities contradicts the 33% surge reported by Romania’s National Institute of Statistics: Minimal increases - and even declines - in many areas
Romania’s rental market in major cities stabilized in April after several months of increases and price pressures. An analysis published by Storia shows that nationally, rents increased by only 1%…
The Romanian economy remains in recession even in 2026. Inflation exceeds 10%
The National Institute of Statistics brings bad news for Romania today: the economy has decreased and remains in recession, while inflation has increased and is approaching 11%. Romania’s economy declined…
The unexpected effect of the kerosene crisis: Airlines are reducing ticket prices
European airlines are reducing summer flight prices to counter the delay in bookings, as customers fear that a shortage of airplane fuel will affect their holiday plans. Repeated warnings about…
Which EU capitals have rents higher than minimum wages?
Bucharest is among the capitals of European Union countries where the minimum gross wage is not enough to cover the rent for a two-room apartment. Bills for rent and utilities…
What plans do airlines have for the kerosene crisis
European airlines are making emergency plans to address a potential kerosene shortage at airports across the continent. The plans include not only reduced flight schedules but also cancellations in specific…
ANAF collected record budget revenues in April, exceeding its target
The National Agency for Fiscal Administration (ANAF) collected record revenues for the state budget in April and exceeded the set target. It is the first month of 2026 in which…
Poland will challenge the Mercosur agreement at the Court of Justice of the EU
Poland will challenge the European Union’s trade agreement with the South American Mercosur bloc at the EU Court of Justice (CJEU). The announcement was made by the Polish Deputy Prime…
Miruță unveils plan to bring 21 new trains parked at Obor Station into circulation
The Ministry of Transport is trying to resolve the situation of the 21 PESA electric trains that have been sitting unused at Obor Station for months, despite being delivered. Interim…
Analyst warns political deadlock could push Romania into deep recession
The political deadlock in Bucharest risks exacerbating Romania’s economic problems and pushing the country towards a severe recession, warns economic consultant Adrian Negrescu. The analyst argues that the reactions of…
Two million airline seats disappear after aviation fuel prices double
Airlines have started to massively reduce the number of available seats on scheduled flights for May, amid the rapid increase in aviation fuel prices caused by the war in the…
The Euro hits a new record high following the fall of the Bolojan Government
The leu continues its depreciation today, after the Bolojan Government fell through a vote of no confidence. The National Bank of Romania announced on Wednesday an official exchange rate of…
End of conflict in the Middle East or recession in Europe, IMF warns
The economic prospects of Europe have significantly deteriorated against the backdrop of energy disruptions caused by the war, which are expected to lead to tighter financial conditions, according to the…
Leu weakens as euro tops 5.2 lei on day of no-confidence vote against Bolojan government
The leu depreciated significantly against the euro on the day of the no-confidence vote against the Bolojan Government. The National Bank of Romania announced on Tuesday an official exchange rate…
Romania receives full payment for NRRP request 4: €2.62 billion approved by Brussels
Romania will receive in full 2.62 billion euros from the NRRP for payment request 4. The Minister of Investments and European Projects, Dragoș Pîslaru, announces that the evaluation by the…
IMF criticizes EU governments for repeating past mistakes and risking massive costs
European Union governments continue to spend billions to temper energy price increases, but a large part of these measures reach the population in an undifferentiated manner and risk creating larger…
Nazare warns ahead of PSD-AUR no-confidence vote: Romania cannot afford to step back
Minister of Finance, Alexandru Nazare, appeals for political stability and responsibility, two days before the vote on the motion of no confidence filed by PSD and AUR against the government…