Finance Minister Alexandru Nazare rejects scenarios of a VAT increase in 2026 and says that no new taxes are foreseen in the budget projection currently being worked on. At the…
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.
ANAF plans to bar administrators with repeated insolvencies from setting up new companies
The President of the Tax Authority, Adrian Nica, announces that the National Agency for Fiscal Administration (ANAF) is considering changing the fiscal record in such a way that individuals who…
Power bills could fall by up to 15%. What happens to gas prices in April?
Bogdan Ivan, the Minister of Energy, argues that electricity and natural gas prices could decrease in the near future if the dysfunctions in the energy market are corrected and if…
Romania to launch rare metals refinery in strategic deal involving Greenland licenses
Minister of Energy, Bogdan Ivan, announces a strategic project that could change Romania’s position on the map of critical raw materials: the construction of the country’s first copper refinery. In…
Growth in the number of prosumers is driving up bills for other consumers, AFEER warns
The rapid expansion of the prosumer segment generates additional costs of up to 372 lei for each MWh introduced into the grid, and these amounts are ultimately borne by consumers,…
Romania’s external debt surpasses €227 billion - Nearly €12,000 per capita
Romania ended 2025 with a total external debt of 227.3 billion euros, up by almost 24 billion euros compared to the previous year, according to data published by the National…
Bolojan on the recession: not a crisis, but a necessary correction. “We will recover in the second half of the year” (Video)
Shortly after official data confirmed that Romania has entered a technical recession, Prime Minister Ilie Bolojan explained on Facebook the economic context of the last two years. He argues that…
How do economists say Romania can exit the recession? There are also reasons for optimism
Romania has officially entered a technical recession, after two consecutive quarters of economic decline, according to data published by the National Institute of Statistics. Although the GDP remained slightly positive…
“The miracles” of Cluj: a Bosnian firm wins a contract without bidding, a bakery picked for psychological testing
A company from Bosnia claims to have won a tender in Cluj without participating, and also in Cluj, this time at CFR Cluj, a bakery was designated to conduct psychological…
Romania has officially entered a recession
Romania has officially entered a technical recession, as data published by the National Institute of Statistics (INS) shows that the economy has declined in the last two quarters of 2025.…
Pressure on Brussels as three states call for lower electricity prices
Leaders from Austria, Czech Republic, and Slovakia are urging Brussels to take urgent measures to reduce energy prices, warning that the current level of costs jeopardizes the competitiveness of European…
Romania’s finance minister tells Bloomberg deficit reduction must be a “national project”; Fitch test looms on Friday
Reducing Romania’s budget deficit and regaining investors’ trust should become a „national project,” says Finance Minister Alexandru Nazare. The statement for Bloomberg comes at a time when the Government is…
Ursula von der Leyen wants stricter rules to protect European industry, with public funds tied to EU-made components
President of the European Commission, Ursula von der Leyen, advocates for the introduction of a „European preference” clause in sectors considered strategic, according to a letter addressed to the member…
Stark Warning from Mercedes-Benz Boss: Germany Risks a Far-Right Shift
The CEO of Mercedes-Benz, Ola Källenius, has issued a stark warning regarding Germany’s economic direction, stating that years of stagnation are fueling an increasingly right-wing political orientation. In an interview…
Romania’s Energy Ministry briefly published, then withdrew, a plan to cap electricity and gas margins
An ordinance draft that proposed limiting the commercial markup practiced on electricity and natural gas was mistakenly published on the Ministry of Energy’s website and later retracted after the error…
Romania faces €231 million NRRP loss after Constitutional Court blocks magistrates’ pensions, says Dragoș Pîslaru
Romania will lose 231 million euros from the National Recovery and Resilience Plan (PNRR) after failing to meet the deadline for the reform of judges’ pensions. The confirmation comes from…
India does not completely give up Russian oil, despite Trump's statements
The Kremlin has rejected the claim by American President Donald Trump that India had agreed to stop buying Russian oil as part of a new trade deal with the United…
Public sector wages declined in 2025, as their share of GDP fell to 8.8%
The adjustment of expenses related to salaries in the public sector became visible in 2025, when their share in the gross domestic product dropped from 9.4% in 2024 to 8.8%.…
Revolut Overtakes Traditional Banks to Lead Romania’s Card Market
Revolut Bank has set a new record in the Romanian banking market, surpassing Banca Transilvania in terms of the number of card users. According to official data cited by Economica,…
US plan to replace every molecule of Russian gas in Eastern Europe is deadlocked: Trump's nervousness has spooked buyers
Washington’s ambition to replace Russia as the dominant supplier of gas in Eastern Europe has encountered a surprising obstacle: it seems that potential European buyers do not want this. The…