The European Union reached a provisional agreement on Wednesday regarding the implementation of the trade pact with the United States, paving the way to avoid new tariffs threatened by American…
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.
Bolojan: The Doicești reactor project has “serious problems” and risks failing to recover the money invested
Interim Prime Minister Ilie Bolojan criticized once again, on Wednesday evening, the project of small modular nuclear reactors (SMRs) at Doicești, carried out in partnership with an American company, stating…
The government is considering extending the cap on commercial markups for basic food products beyond June 30
Vice Prime Minister Tánczos Barna, interim Minister of Agriculture, says that capping the commercial markup on basic food items should be extended beyond June 30, given the high inflation and…
Romania’s Recovery Plan Implementation Surpasses 60%, With €10 Billion Still to Be Secured
The implementation level of the National Recovery and Resilience Plan (PNRR) has exceeded 60% after the approval of payment request number 4, amounting to 2.62 billion euros, announced the Government…
Mugur Isărescu rules out new taxes and says Romania is not on the brink of insolvency
Governor Mugur Isărescu sent a strong message on Tuesday to the future Government: Romania does not need new taxes, but nor does it need tax cuts, at a time when…
Warning in the energy sector: “New smart guys” will emerge, and prices will remain high
Romania risks turning energy storage into a new speculative business instead of using it to reduce prices and increase energy security, warns Dumitru Chisăliță, president of the Intelligent Energy Association…
The solution found by shipping giants to bypass the blockade in the Strait of Hormuz
Major shipping companies have found alternative solutions to bypass the blockade in the Strait of Hormuz, but their capacity is limited, and trade to the states in the Persian Gulf…
Romania to open a new port this summer, betting on Ukrainian grain and post-war reconstruction: “We have no competition”
The port in the Sulina Free Zone is nearing the moment when it will become fully operational, following the completion of the main infrastructure works. The Director of the Sulina…
Nuclearelectrica defends Doicești project after Bolojan says it swallowed $240 million: SMRs are the future of energy
Nuclearelectrica has sent a notification to the Bucharest Stock Exchange defending the small modular reactors (SMR) project in Doicești and stating that it has „enormous potential” for the development of…
Rental market data from major cities contradicts the 33% surge reported by Romania’s National Institute of Statistics: Minimal increases - and even declines - in many areas
Romania’s rental market in major cities stabilized in April after several months of increases and price pressures. An analysis published by Storia shows that nationally, rents increased by only 1%…
The Romanian economy remains in recession even in 2026. Inflation exceeds 10%
The National Institute of Statistics brings bad news for Romania today: the economy has decreased and remains in recession, while inflation has increased and is approaching 11%. Romania’s economy declined…
The unexpected effect of the kerosene crisis: Airlines are reducing ticket prices
European airlines are reducing summer flight prices to counter the delay in bookings, as customers fear that a shortage of airplane fuel will affect their holiday plans. Repeated warnings about…
Which EU capitals have rents higher than minimum wages?
Bucharest is among the capitals of European Union countries where the minimum gross wage is not enough to cover the rent for a two-room apartment. Bills for rent and utilities…
What plans do airlines have for the kerosene crisis
European airlines are making emergency plans to address a potential kerosene shortage at airports across the continent. The plans include not only reduced flight schedules but also cancellations in specific…
ANAF collected record budget revenues in April, exceeding its target
The National Agency for Fiscal Administration (ANAF) collected record revenues for the state budget in April and exceeded the set target. It is the first month of 2026 in which…
Poland will challenge the Mercosur agreement at the Court of Justice of the EU
Poland will challenge the European Union’s trade agreement with the South American Mercosur bloc at the EU Court of Justice (CJEU). The announcement was made by the Polish Deputy Prime…
Miruță unveils plan to bring 21 new trains parked at Obor Station into circulation
The Ministry of Transport is trying to resolve the situation of the 21 PESA electric trains that have been sitting unused at Obor Station for months, despite being delivered. Interim…
Analyst warns political deadlock could push Romania into deep recession
The political deadlock in Bucharest risks exacerbating Romania’s economic problems and pushing the country towards a severe recession, warns economic consultant Adrian Negrescu. The analyst argues that the reactions of…
Two million airline seats disappear after aviation fuel prices double
Airlines have started to massively reduce the number of available seats on scheduled flights for May, amid the rapid increase in aviation fuel prices caused by the war in the…
The Euro hits a new record high following the fall of the Bolojan Government
The leu continues its depreciation today, after the Bolojan Government fell through a vote of no confidence. The National Bank of Romania announced on Wednesday an official exchange rate of…