Business

Romania cannot adopt the euro without budget discipline and low inflation, and the current issues are more related to internal economic policy errors rather than the fact that we are…

Steel represents one of Ukraine’s main sources of export revenue, but it is affected by the carbon tariffs imposed by Europe. Ukrainian steel producers say that the new carbon tax…

The escalation of the war in Iran risks plunging the global economy into a recession, warns the International Monetary Fund. Moreover, major players in financial markets say that a critical…

Major European airlines urge the European Union to urgently intervene to manage the effects of the war in Iran, warning of the risk of a jet fuel crisis for planes.…

The war in Iran has led to a significant increase in Russia’s revenues from oil exports, amid the global rise in oil prices and the redirection of demand to other…

Romania has become, in recent years, an increasingly important client for major international investment banks, against the backdrop of high deficits and rising public debt. In this context, American financial…

The Competition Council has authorized the transaction through which UMB Steel, a company controlled by businessman Dorinel Umbrărescu, acquires the assets of the ArcelorMittal Hunedoara plant. The institution concluded that…

Prime Minister Ilie Bolojan, alongside Energy Minister Bogdan Ivan, presented on Wednesday the main directions of reform in the energy sector during a press conference focused on investments and price…

Global oil prices have dropped sharply, and stock markets have risen after the US and Iran agreed to a two-week ceasefire, which includes the reopening of the Strait of Hormuz.…

Diesel fuel has decreased in gas stations by up to 36 bani per liter, following the entry into force of the emergency ordinance by which the Government reduces the excise…

Fuel prices will not return to previous levels, even if the state intervenes, warns the honorary advisor to the prime minister, Ionuț Dumitru. According to him, the measures taken by…

Huniade Castle in Timișoara and the Historical Gallery of Transylvania in Cluj-Napoca are among the major cultural projects financed through the PNRR that are either stalled or at risk of…

The European Union is preparing for a prolonged energy shock amid the conflict in the Middle East. Brussels is considering „all options,” including rationalizing fuels and using strategic reserves, according…

The government and oil companies have reached an agreement for a 50 bani reduction per liter of fuel, in an attempt to stop the wave of price increases in recent…

The European Commission is urging citizens to reduce fuel consumption amid an energy crisis that could last for years. Recommended measures include working from home, reducing travel, and limiting flights.…

The government approved on Tuesday the memorandum through which Romania will sign the EU-Mercosur Partnership Agreement, despite a negative opinion from the Ministry of Agriculture. The decision allows the signing…

The government decided on Tuesday, in an extraordinary meeting, that the outstanding salaries of employees from several major industrial companies should be paid by Easter from the Guarantee Fund, with…

The government has decided to extend the capping of the commercial margin for basic food products until June 30, 2026. The decision comes in the context of price pressures and…

Rapid price increases and the acute lack of qualified workers are putting increasing pressure on the construction sector, at a time when Romania needs massive investments in infrastructure. Cristian Erbașu,…

The Minister of Energy, Bogdan Ivan, stated that Romania is not currently considering fuel consumption rationalization measures, in the context of the European call for reducing the use of oil…