A cognac factory. A prominent football team. Supermarkets. Gas stations. Banks. A textile factory. A television station. A hotel. A mobile phone network. A casino. A caviar and sturgeon farm.…
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.
Moody's confirms Romania's rating at "Baa3", and the outlook remains negative
Rating agency Moody’s has confirmed Romania’s rating at „Baa3” on Friday, with the outlook remaining negative. The decision to maintain the negative outlook reflects significant implementation risks related to the…
IMF lowers forecast: Only 1% economic growth for Romania in 2025. What is the most important risk
The International Monetary Fund (IMF) has concluded its consultation mission in Romania with more reserved forecasts than in the spring. The institution’s experts have revised downward the economic growth estimates,…
The increase in VAT has pushed inflation up to nearly 10%
The VAT increase pushed inflation to nearly 10% in August, announced the National Institute of Statistics. The annual inflation rate in August 2025 compared to the same period of the…
The state borrowed 3.7 billion lei from the population in one month. We will have a new record in 2025
The Romanian state borrowed from the population, through the most recent monthly sessions concluded under the Fidelis and Tezaur programs, around 3.7 billion lei. The total amount borrowed from the…
The European Commission fines Google with a huge amount. Trump threatens with retaliation
The European Commission announced on Friday that it is fining Google with 2.95 billion euros (3.45 billion dollars) for breaching EU competition rules in the field of advertising technologies („adtech”).…
The gold has reached a record price
Gold has reached a new all-time high of $3,501.59 per ounce, surpassing the previous record set in April at $3,500.10, in early Asian trading on Tuesday. This increase is not…
New scandal in the Coalition after the elimination of the turnover tax for multinationals
Tensions in the Coalition continue, after the Government approved, on Friday, five (out of six) bills from the second package of reform measures. PSD disagrees with the elimination of the…
Romania will have the most modern ammunition powder factory in the world. Investment of 535 million euros
Romania will have one of the most advanced ammunition powder factories in the world in a few years. The project, carried out in partnership with the European giant Rheinmetall, will…
The increasingly high taxes are suffocating small businesses and pushing them towards bankruptcy: "You will see a wave of insolvencies"
More and more micro-enterprises in Romania are facing the risk of closure due to high taxation levels, and by the end of the year, a wave of insolvencies could occur,…
Trump hits India with 50% tariffs. The new taxes bring it closer to China and Russia
The President of the United States, Donald Trump, imposed a 50% tariff on most imports from India on Wednesday, after previously doubling the level of 25% set at the beginning…
Tax Consultants: Additional taxation rule for multinationals in Romania, a misstep in tax legislation
The new rule proposed by the Ministry of Finance to tax all companies in Romania that are part of a national or international group becomes a serious deviation in fiscal…
The treasure from Romania that "everyone is crazily searching for"
Romania has a major strategic advantage in the global fight for artificial intelligence control, stated the Minister of Economy, Radu Miruță. It’s about the graphite from Baia de Fier, an…
Dăianu contradicts Bolojan and rejects the scenario of insolvency
Daniel Dăianu, the President of the Fiscal Council, downplays the public discussions about the potential insolvency Romania could face shortly after, in an interview with Bloomberg, Prime Minister Ilie Bolojan…
The United States and Europe still do billions of dollars in business with Russia, despite sanctions
American President Donald Trump threatens India with an additional 25% tariff, as well as higher taxes for other countries that buy Russian oil, trying to put pressure on Moscow to…
Economic Analyst: Package 2 must cover the gaps. Mayors live in a parallel reality. Stadiums worth 50 million euros are being built
Romania urgently needs Package 2 of measures, aimed at restructuring state spending, reducing investments, and cleaning up the business environment from companies with potential evasion risks, says economic consultant Adrian…
Rabla returns, but the budget decreases dramatically. The value of vouchers for electric cars is halved
The government has decided to resume the Rabla program for individuals. However, the budget has been significantly reduced: 200 million lei for the entire period 2025-2030, according to an emergency…
The government blocks unrealistic projects from the National Recovery and Resilience Plan and halts new local investments in 2025
The Bolojan government has decided to halt PNRR projects that cannot be completed on time and to block new investments through the „Anghel Saligny” program. The reason: „Systemic, imminent, and…
ANAF will come under the direct coordination of the Ministry of Finance
The National Agency for Fiscal Administration (ANAF) will be directly coordinated by the Ministry of Finance, announced Minister Alexandru Nazare on Wednesday, stating that the relationship between the two institutions…
The Minister of Finance announces a new taxation formula for multinational companies. The staggered system will be rethought, measures regarding the activity of the ANAF (Video)
The government is preparing new tax measures targeting multinational companies, taxing parcels from outside the EU, and reforming tax administration. Finance Minister Alexandru Nazare announced a new taxation formula for…