Leaders from Austria, Czech Republic, and Slovakia are urging Brussels to take urgent measures to reduce energy prices, warning that the current level of costs jeopardizes the competitiveness of European…
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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.
Romania’s finance minister tells Bloomberg deficit reduction must be a “national project”; Fitch test looms on Friday
Reducing Romania’s budget deficit and regaining investors’ trust should become a „national project,” says Finance Minister Alexandru Nazare. The statement for Bloomberg comes at a time when the Government is…
Ursula von der Leyen wants stricter rules to protect European industry, with public funds tied to EU-made components
President of the European Commission, Ursula von der Leyen, advocates for the introduction of a „European preference” clause in sectors considered strategic, according to a letter addressed to the member…
Stark Warning from Mercedes-Benz Boss: Germany Risks a Far-Right Shift
The CEO of Mercedes-Benz, Ola Källenius, has issued a stark warning regarding Germany’s economic direction, stating that years of stagnation are fueling an increasingly right-wing political orientation. In an interview…
Romania’s Energy Ministry briefly published, then withdrew, a plan to cap electricity and gas margins
An ordinance draft that proposed limiting the commercial markup practiced on electricity and natural gas was mistakenly published on the Ministry of Energy’s website and later retracted after the error…
Romania faces €231 million NRRP loss after Constitutional Court blocks magistrates’ pensions, says Dragoș Pîslaru
Romania will lose 231 million euros from the National Recovery and Resilience Plan (PNRR) after failing to meet the deadline for the reform of judges’ pensions. The confirmation comes from…
India does not completely give up Russian oil, despite Trump's statements
The Kremlin has rejected the claim by American President Donald Trump that India had agreed to stop buying Russian oil as part of a new trade deal with the United…
Public sector wages declined in 2025, as their share of GDP fell to 8.8%
The adjustment of expenses related to salaries in the public sector became visible in 2025, when their share in the gross domestic product dropped from 9.4% in 2024 to 8.8%.…
Revolut Overtakes Traditional Banks to Lead Romania’s Card Market
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,…
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…