Holiday spending drops as consumers brace for higher prices, says Deloitte
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
Romania's annual inflation rate remained unchanged at 9.8% in November.
Romania's trade balance deficit (FOB/CIF) reached €27.493 billion in the first ten months of this year, increasing by €275.7 million (+1%) compared to the same period in 2024, according to data published by the National Institute of Statistics (INS).
The European Investment Bank (EIB) reveals that 78% of Romanian firms invested in the past year, up from previous editions but still below the EU average of 86%.

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).