Revolut Bank has set a new record in the Romanian banking market, surpassing Banca Transilvania in terms of the number of card users. According to official data cited by Economica,…
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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.
US plan to replace every molecule of Russian gas in Eastern Europe is deadlocked: Trump's nervousness has spooked buyers
Washington’s ambition to replace Russia as the dominant supplier of gas in Eastern Europe has encountered a surprising obstacle: it seems that potential European buyers do not want this. The…
Why Bulgaria joined the eurozone while Romania is still waiting: Prime Minister Bolojan explains
Prime Minister Ilie Bolojan explained in Berlin on Wednesday what Bulgaria did to join the eurozone and what Romania lacks to follow the same path. The head of the Government…
Gold hits a new all-time high, topping $5,000 an ounce for the first time
The price of gold has surpassed the $5,000 per ounce threshold for the first time, amid investors’ fears that the foreign policy and domestic decisions of US President Donald Trump…
Romania is preparing its first high-speed rail line: when trains will run at 250 km/h between Constanța and Oradea
Romania is taking concrete steps towards the realization of a high-speed railway line, with a length of nearly 800 kilometers and estimated costs of around 15 billion euros. The project…
The EU-Mercosur deal sent to the ECJ after a narrow vote in the European Parliament
The European Parliament adopted, on Wednesday, in Strasbourg, a resolution requesting the referral of the trade agreement between the EU and Mercosur to the Court of Justice of the European…
From 8% to 60%: Europe’s energy dependence shifts from Russia to the US under pressure from Trump
Donald Trump’s influence on the energy supply of the European Union and the United Kingdom is growing, as Europe shifts its dependency from Russia to the United States. This is…
Energy consumption hits a four-year high, with gas use reaching psychological thresholds
Romania is going through one of the most demanding periods in recent years, in terms of energy, against the backdrop of extremely low temperatures. However, the available resources from production,…
The Mercosur Agreement sends farmers to the streets, as Romania dispatches over 200 protesters to Strasbourg (Video)
Over 200 Romanian farmers are participating in a large European protest against the EU-Mercosur Agreement on Tuesday in Strasbourg, alongside farmers from several other member states. The demonstration is taking…
Bucharest ranks first in Europe for electricity prices relative to purchasing power
Bucharest is currently the most expensive European capital when we compare the price of electricity to the purchasing power of the population. The conclusion comes from an analysis conducted by…
Romania, once again the most expensive energy market in Europe, amid record consumption
Romania was on Thursday, January 15, for the second consecutive day, the most expensive spot electricity market in Europe, due to very high consumption fueled by the recent low temperatures.…
China Defies Trump’s Tariffs as 2025 Trade Surplus Hits Record High
China ended 2025 with a new record trade surplus, despite the difficulties caused by American tariffs that have impacted global trade. Last year, exports grew by 5.5% annually, reaching around…
Romanians invest more than 21 billion lei in Fidelis government bonds, a historic record
Romanians have invested over 21 billion lei this year in the Fidelis program, a record level since the launch of government securities for the population, announced the Minister of Finance,…
British bankers have opposed the use of blocked Russian assets, fearing a Russian retaliation
British banks have opposed the use of some of the blocked Russian assets in the country, as the London government has not offered them guarantees in case of a reaction…
A Romanian company will produce interceptor drones and is testing AI-powered kamikaze systems
The Romanian company BlueSpace Technology will produce interceptor drones under a Ukrainian license and is already testing its own autonomous kamikaze models, announced CEO Constantin Pintilie at an event held…
Romania Secures 40% Royalty Increase in Revised OMV Petrom Agreement
Royalties for the oil and gas extracted by OMV Petrom from the areas taken over during privatization will increase by 40%, according to a preliminary agreement announced by Prime Minister…
Unexpected shift in the property market: The city that topped Cluj and the Capital in price hikes
Apartment prices for sale have increased by an average of 14% in Romania over the past year. The biggest surprise comes from Craiova, a city that has recorded the fastest…
Minister Pîslaru explains why the electric minibus scandal is only now reaching the European Prosecutor’s Office
It took four months for the Ministry of Investments to notify the European Public Prosecutor’s Office about the robbery involving school minibuses purchased at inflated prices with funds from the…
How the government could rapidly bring 20 billion euros into the budget
Financial expert Adrian Codirlașu has a quick solution for increasing budgetary resources – selling minority stakes in profitable state-owned companies. “This means that the state retains control, the state decides…
€1 Million Per Unit: Romania Enters Elite Market of High-Power Laser Mirrors
The construction of a special mirror factory for high-power lasers has begun in Măgurele, an investment of 193 million euros funded by the Romanian Government. The facility will operate within…