Business

Profits for most banks in Romania have increased by individual percentages ranging from 14 to 50%. The entire banking system ended 2023 with a record profit of nearly 14 billion…

Romanians registered on cryptocurrency platforms are two to three times more numerous than the 178,000 investors recorded on the Bucharest Stock Exchange, says the President of the Financial Supervisory Authority…

Romanian Ministry of Finance is preparing an online app for citizens abroad, who thus will be able to invest in government bonds. Economists believe that the initiative has emerged as…

The Chamber of Deputies adopted on Tuesday the government’s initiative establishing the legal framework for the development of investments in offshore wind energy in the Black Sea. There were 229…

Many romanians will see price decreases starting next month, especially for gas, but also for electricity, particularly for those with a higher cap, of 1.3 lei per KWh, stated the…

A new issuance of FIDELIS government securities will be launched on Monday, and blood donors will continue to receive the best interest rate. The government securities issuance will be available…

Romania, through the Fiscal Authority (ANAF), has placed a lien on over 80% of the shareholding held by Gabriel Resources in Roșia Montană Gold Corporation (RMGC) to recover its $10…

Romanian young graduates from foreign universities will be able to benefit from grants of up to 100,000 euros if they open a company in their home country. The proposal is…

The Ministry of Public Finance borrowed 1.93 billion lei from banks on the first day of April. In the first auction, the Finance Ministry reopened a benchmark bond issue maturing…

Bucharest has so far received 33% of all funds allocated for Romania’s recovery and resilience plan (PNRR), and of these, it has spent only 20%, said the Minister of Investments…

The government adopted, on Thursday, an ordinance that eliminates the possibility of imposing a tax on solar energy for prosumers. „I have kept my promise to eliminate the possibility of…

Digitalization has come with a plethora of benefits, such as quick payments and managing money directly from your phone, but also with corresponding risks. Most often, you risk losing control…

Romania will have the „largest” economic growth in Europe this year, based on investments and not on consumption, promises Prime Minister Marcel Ciolacu. He was asked, at the Government, about…

Prime Minister Marcel Ciolacu announced that he supports the PSD amendment from Monday, which extends the capping of markups on basic food prices until December 31, 2024. “I support the…

The annual inflation rate in the European Union decreased in February to 2.8%, from a level of 3.1% in January, but Romania is, for the second consecutive month, by far…

It takes 96 average net salaries to buy a 70 sqm apartment in the capital city. Housing in Bucharest is more affordable than in other large cities in the country,…

If you’ve begun to grasp the idea of saving, and the concept of setting aside a percentage of your income each month no longer destabilizes your budget, your plan to…

Bitcoin rose by 4.7% on Tuesday, reaching a two-year high of over $57,000, continuing the previous day’s rally. During the trading session, bitcoin reached $57,445.14 per unit, the highest level…

Nvidia’s market capitalization increased by $277 billion on Thursday, bringing the company’s value to nearly $2 trillion. The growth is the largest ever recorded for a publicly listed company, surpassing…

The net profit of the state-owned company Hidroelectrica increased by 42% in 2023. Thus, Romania’s largest energy producer achieved a profit of 6.337 billion lei (1.25 billion euros), up from…