The EU capitals have reached an agreement on a significantly weakened package of sanctions against Russia, ending lengthy negotiations in which several countries sought exceptions to protect their national interests.…
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 Iran war’s big oil mystery: No one seems to want it
Two dominant forces balance the global oil market: supply and demand. The war with Iran has disrupted both of them – and one of them could be irreversibly affected. Supply…
Fuel prices rise again after Black Sea attacks and Kazakh oil supply concerns
Fuel prices have started to rise again in Romania. The wave of price increases has spread to almost all major gas station networks. After the increases made on Tuesday by…
Trump hits Canada with new 50% tariffs, cites "discrimination" against US products
The United States will impose, starting from August 19, a 50% customs duty on a wide range of Canadian products, in a new escalation of the trade conflict between Washington…
The rekindled war between the US and Iran sparks the price of oil
Oil prices rose on Monday morning as tensions between the US and Iran escalated, fueling fears of disruptions in energy deliveries through the Strait of Hormuz. Oil prices surged in…
Romania still has the EU's highest inflation: Prices are rising more than three times faster than the bloc's average
Romania continues to have the highest annual inflation rate in the European Union, even though the pace of price growth slowed slightly in June. According to data published by Eurostat…
Political crisis has an upside as risk of new taxes recedes
The political crisis and the extension of the government’s interim could have an unexpected effect on taxpayers: this summer could be the first in the last six years without significant…
Romania's central bank keeps key interest rate at 6.5%, sees inflation falling sharply in the third quarter
The National Bank of Romania estimates that the annual inflation rate started to decrease slightly in June and will record a significant reduction in the third quarter of this year.…
Oil prices rise and stock markets fall after Trump announced that the ceasefire with Iran has ended
Oil prices rose on Wednesday after US President Donald Trump announced at the NATO summit in Ankara that he was ending the ceasefire with Iran following the resumption of hostilities…
Europe's surprise performers: The small economies set to grow twice as fast as the euro area
Europe is preparing for another decade of modest economic growth. According to the latest forecasts from the International Monetary Fund (IMF), the euro area’s economy will advance by an average…
Black Sea gas will not automatically bring prosperity to Romania, energy expert warns
Exploiting the gas resources in the Black Sea presents Romania with a historic opportunity, but success will not depend on the quantity of gas extracted, but on how the state…
Government prepares new diesel measures: Price cap if costs don't fall, support for farmers
The government is considering new interventions in the fuel market, after the expiration of the price capping scheme and in the conditions where the price of diesel remains high, even…
The Volkswagen case puts the EU on edge: Europe wants to save its industry, but can't decide how
The job cuts planned by Volkswagen highlight the issue posed by Chinese exports. The EU response has not yet come, and Germany warns that it does not want to destroy…
Romania remains the cheapest country in the EU. The same shopping basket can cost nearly four times more elsewhere in Europe
Romania continues to be the country with the lowest consumer prices in the European Union, but this does not automatically mean that Romanians live cheaper. Across Europe, the same basket…
The price of oil has reached the lowest level since before the Iran war
The price of oil has reached pre-Iran war levels as traffic on the key maritime route in the Strait of Hormuz gradually resumes. Brent crude, the global benchmark, briefly dropped…
The Bucharest Stock Exchange is Europe's best performer in 2026. The BET index is up 26% since the start of the year
The Bucharest Stock Exchange is, so far, the best-performing capital market in Europe in 2026. The main index BET has recorded an increase of approximately 26% since the beginning of…
Property tax reform based on market values removed from Romania's Recovery Plan. Pîslaru: It would have led to penalties
The reform regarding the taxation of properties based on market value has been removed from the National Recovery and Resilience Plan (PNRR) after negotiations between the Government and the European…
The Euro digital is approaching launch and will help the EU solve a major issue it has with the USA
The European Central Bank (ECB) obtained key support from the European Parliament (EP) on Tuesday for the launch of a digital euro, an electronic payment method intended to make the…
Heatwave puts Europe's power grids under strain. Countries with the highest blackout risk
Europe is going through the third major heatwave of the year, and the extreme temperatures are affecting not only the population’s health and transportation but also putting increasing pressure on…
Oil prices are falling after the US-Iran deal. So why aren't airfares coming down too?
Airlines worldwide could save tens of billions of dollars following the drop in oil prices triggered by the recent agreement signed by the US and Iran. However, for passengers, the…