Business Forum
| 11 August, 2025 at 9:49 AM
Romania's trade deficit widens during H1 2025
Romania's trade deficit widened to €16.71 billion in H1 2025, an increase of €1.61 billion (+10.7%) compared to the same period in 2024.
Romania's trade deficit widened to €16.71 billion in H1 2025, an increase of €1.61 billion (+10.7%) compared to the same period in 2024.
The Board of the National Bank of Romania (BNR) decided on Friday to maintain the monetary policy interest rate at 6.50% per year.
Three out of four Romanians traveling abroad this summer have chosen Greece, Bulgaria, Turkey, or Italy as their destination, finds a recent CEC Bank survey.
The Government has announced the death of former Romanian President Ion Iliescu. The former Head of State passed away on August 5 at the "Prof. Dr. Agrippa Ionescu" Clinical Emergency Hospital.
Citi Romania has implemented three GenAI tools for its employees, as part of a significant global investment designed to simplify workflows and streamline daily tasks.
Romania's inflation rate, already among the highest in CEE at 5.8% as of June 2025, is projected to rise sharply, could potentially reach close to 9% in the coming months.
Romania is bracing for a period of economic stagnation in 2025, with growth forecasts significantly dampened by new fiscal austerity measures.
Romania's fiscal package is expected to have a substantial budgetary impact, estimated at 1.1% of GDP this year and 3.5% in 2026, finds an analysis by Fitch Ratings.
The average net salary in Romania decreased by 2.5% to RON 5,508 (€1,109.91) in May, compared to April 2025, according to data from the National Institute of Statistics (INS).
The annual inflation rate in Romania rose to 5.7% in June 2025, up from 5.45% in May.
Romania has officially joined the InvestEU Ukraine Export Credit Guarantee Facility, a joint initiative by the European Commission and the European Investment Fund (EIF).
Romania's trade deficit rose by 16.4% in the first five months of this year compared to the same period last year, reaching €14.32 billion.
Romania is moving closer to achieving fiscal-budgetary rebalancing, according to a recent report by the international rating agency Moody's.
The Central, Eastern and South-Eastern Europe (CESEE) banking sector is demonstrating remarkable resilience and growth potential.
Inflation will increase over the planned fiscal package announced by Romania's Government, which includes the increase of fuel excises.
Romanian PM Ilie Bolojan announced on Wednesday a raft of measures designed to support the reduction of the country's budget deficit.
New tariffs imposed by the US on goods from the EU could significantly impact Romanian exporting firms, particularly those in the metallurgical and automotive sectors.
Romania's budget deficit stood at 3.39% of GDP after the first five months of 2025, a slight decrease compared to 3.41% of GDP in the similar period last year.
The new Government led by PM Ilie Bolojan has been voted in Parliament, raising 301 votes from Senators and Deputies.
Romanian President Nicușor Dan on Friday nominated the interim leader of the National Liberal Party (PNL), Ilie Bolojan, for the position of PM.
The Macroeconomic confidence index, compiled by the CFA Romania Association, registered a significant increase in May 2025, rising by 11.5 points to a value of 44.9 points.
The total trade volume between Romania and Germany fell by 6.1% compared to the same period last year, amounting to €10.36 billion.
The study reveals that 83% of Romanians have a plan for their upcoming vacation season. Only 6% do not intend to go on holiday, while 12% have yet to finalize their arrangements.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Romanian agricultural biotechnology company Norofert has officially launched its new fertilizer production line in Chapecó, Brazil.
Grid operator Transelectrica has launched two key investments in Romania's electricity transmission infrastructure.
Romania recorded the largest general government deficit in the EU during the second quarter of 2025, reaching -8.7% of GDP.
mateco Romania, the local subsidiary of the international mateco Group which operates in 15 countries across Europe and South America, has acquired PSM Rent.
The volume of construction works increased by 9.7% in the first eight months of 2025 compared to the similar period in 2024, according to the gross series data from INS.