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…
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.
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Romanian Government borrowed nearly 2 billion lei in one day
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 spent only 20% of money received from Romania's recovery and resilience plan
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 has removed the sun tax
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…
Online Safety: How to Protect Your Money in the Digital Era
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…
Ciolacu promises the highest economic growth in Europe in 2024: It is not a catastrophe the deficit
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…
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…