The big budget correction will actually start in 2026, while package 1 only managed to put the deficit back on the reduction track agreed by
Romania’s military, humanitarian and financial support for Ukraine between February 2022 and June 2025 amounts to EUR 1.5 billion, meaning 0.6% of the GDP in
Despite the annual advance of GDP being kept at 0.3% in the first quarter of 2025, the National Institute of Statistics (NIS) made extensive corrections
The National Commission for Strategy and Prognosis (NCSP) warns that the risks to Romania’s economic outlook generally tilt down towards a dipping adjustment of gross
Erste analysts have significantly revised growth forecasts for Central and Eastern European (CEE) countries after the release of GDP signal data for the first quarter
Although the record budget deficit in the first quarter of the year, of 2.3% of GDP, was below the Government’s target of 3% of GDP
In the week following the elections, the National Bank of Romania (NBR) spent approximately EUR 6 billion from foreign currency reserves to support the RON,
Romania’s economy stood out in the region with a performance far below expectations at the end of 2024, with results for the whole year being
There has been a decrease in activity in the manufacturing industry in recent years, affecting a large portion of the automotive industry, especially the part
The Ministry of Finance has made transparent the national budget structural plan for the medium term – 2025-2031, which stipulates the provision of a trajectory
Romanians’ financial assets, namely the deposits, cash, bonds, shares and investment funds they own, amounted to 30% of GDP in 2023. Although the percentage is
First, let the cold figures talk: The data on GDP evolution in the first half of the year were published at the beginning of September.
Everyone expects a tax hike starting 2025-26 – a logical consequence of the correction coming after the deficit and consumption-on-credit feast years of 2023-24: But
Provisional data (1) for GDP growth in Q1/2024 issued by NIS on Friday show that GDP advance stood at 0.4%, compared with the previous quarter
Lending volume has increased since the summer of 2023, despite a maintaining high interest rate of approximately 8% on housing loans. Despite mortgage interest rates
A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing
The estimated Gross Domestic Product for 2023 was RON 1.605.5 bln at current prices (EUR 321 billion), increasing – in real terms – by 2.1% compared with 2022. The estimated
In the last decade, Romanian economy has undergone one of the most pronounced structural changes at European level.Between 2013 and 2022 (the most recent year
Romania’s internal development divergence has resumed its post-pandemic growth, after having started to decrease in 2019.Despite policies to fight the difference in development among Romania’s
Financial consultancy company McKinsey Global Institute showed in a study from 2023 that the increase of assets prices in the United States of America in the last
The big budget correction will actually start in 2026, while package 1 only managed to put the deficit back on the reduction track agreed by
Romania’s military, humanitarian and financial support for Ukraine between February 2022 and June 2025 amounts to EUR 1.5 billion, meaning 0.6% of the GDP in
Despite the annual advance of GDP being kept at 0.3% in the first quarter of 2025, the National Institute of Statistics (NIS) made extensive corrections
The National Commission for Strategy and Prognosis (NCSP) warns that the risks to Romania’s economic outlook generally tilt down towards a dipping adjustment of gross
Erste analysts have significantly revised growth forecasts for Central and Eastern European (CEE) countries after the release of GDP signal data for the first quarter
Although the record budget deficit in the first quarter of the year, of 2.3% of GDP, was below the Government’s target of 3% of GDP
In the week following the elections, the National Bank of Romania (NBR) spent approximately EUR 6 billion from foreign currency reserves to support the RON,
Romania’s economy stood out in the region with a performance far below expectations at the end of 2024, with results for the whole year being
There has been a decrease in activity in the manufacturing industry in recent years, affecting a large portion of the automotive industry, especially the part
The Ministry of Finance has made transparent the national budget structural plan for the medium term – 2025-2031, which stipulates the provision of a trajectory
Romanians’ financial assets, namely the deposits, cash, bonds, shares and investment funds they own, amounted to 30% of GDP in 2023. Although the percentage is
First, let the cold figures talk: The data on GDP evolution in the first half of the year were published at the beginning of September.
Everyone expects a tax hike starting 2025-26 – a logical consequence of the correction coming after the deficit and consumption-on-credit feast years of 2023-24: But
Provisional data (1) for GDP growth in Q1/2024 issued by NIS on Friday show that GDP advance stood at 0.4%, compared with the previous quarter
Lending volume has increased since the summer of 2023, despite a maintaining high interest rate of approximately 8% on housing loans. Despite mortgage interest rates
A high inflation rate generally has negative effects on the economy and society by reducing the purchase power of income, discouraging saving, reducing investments, increasing
The estimated Gross Domestic Product for 2023 was RON 1.605.5 bln at current prices (EUR 321 billion), increasing – in real terms – by 2.1% compared with 2022. The estimated
In the last decade, Romanian economy has undergone one of the most pronounced structural changes at European level.Between 2013 and 2022 (the most recent year
Romania’s internal development divergence has resumed its post-pandemic growth, after having started to decrease in 2019.Despite policies to fight the difference in development among Romania’s
Financial consultancy company McKinsey Global Institute showed in a study from 2023 that the increase of assets prices in the United States of America in the last
