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…
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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.
Ciolacu wants to extend the capping of basic food prices for the entire year
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…
Romania has by far had the biggest price increases in the EU, for the second consecutive month
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…
Bucharest has among the lowest housing prices in Europe
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,…
About Loans, in Layman's Terms: Details Make the Difference
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 has risen to a two-year high
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…
Stock market record: Nvidia surpasses Facebook, registering the largest growth ever in one day
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…
Hidroelectrica's profit is 42% higher, up to 1.25 billion euros
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…
The IMM Plus program returns, offering credits for investments or working capital - project
The Ministry of Finance has launched the decision-making transparency project for the launch of the IMM Plus Program, through which credits will be granted to SMEs for investments or for…