Work on the Moldova Highway is progressing rapidly, and if the current pace is maintained, it will be possible to drive on the highway from Bucharest to Pașcani, covering 390…
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 melting of the Arctic ice allows China to test a new commercial route to Europe
A Chinese company is preparing to send a cargo ship along the northern coast of Russia to Europe – a test run made possible by the melting ice and accelerating…
Slovakia and Hungary oppose Trump's attempt to stop imports of oil and gas from Russia
Slovakia and Hungary have signaled that they will resist pressures exerted by US President Donald Trump to reduce imports of Russian oil and gas until the European Union member states…
The Minister of Energy is negotiating with the European Commission the postponement of the closure of coal-fired power plants: The price of energy will increase and thousands of people will be left without jobs
The Minister of Energy, Bogdan Ivan, announced on Wednesday evening that he is negotiating with representatives of the European Commission to convince them to postpone the deadline for closing coal-fired…
Americans say that Romania will have the largest wheat harvest in the last 10 years by 2025
Romania is expected to record this year the highest wheat production in the last decade, according to the latest forecast from the US Department of Agriculture (USDA). The estimates indicate…
Economist Ionut Dumitru discusses the chances of Romania avoiding a recession. Deficit over 8% this year, confirmed by Bolojan
Economist Ionuț Dumitru, honorary advisor to Prime Minister Ilie Bolojan, believes that the available economic data show that Romania could avoid a recession. “As an economist, I avoid giving very…
Crisis in the separatist enclave: the war in Ukraine shakes the economic system dominating Transnistria
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.…
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…