Romania faces EU scrutiny over spiraling budget deficit
Romania finds itself under scrutiny regarding its fiscal position and ongoing macroeconomic imbalances in the European Commission's 2025 European Semester Spring Package.
Romania finds itself under scrutiny regarding its fiscal position and ongoing macroeconomic imbalances in the European Commission's 2025 European Semester Spring Package.
Volker Raffel, CEO of E.ON Romania, has been elected as the new President of the German-Romanian Chamber of Commerce and Industry (AHK Romania).
Financial independence is a nearly universal aspiration for 87% of Gen Z, yet wealth accumulation is not the primary driver of success.
Romania's GDP is projected to expand modestly from 0.9% in 2024 to 1.2% in 2025, though significant downside risks, including geopolitical tensions, cloud this outlook, finds new research by ING Romania economists.
Deloitte Romania has appointed four new Partners, effective June 2025, in a move designed to strengthen the top management team.
Generative AI is poised to significantly alter the way we work within the next five years, impacting nearly a quarter of existing jobs.
Romania's President Nicușor Dan said in his inauguration speech, held in front of MPs, that the country's short term challenge relates to its budget deficit.
Romania continued to record the highest inflation rate in April, which was more than double compared to the euro area rate.
Bucharest Mayor Nicușor Dan won the second round of presidential elections in Romania as an independent candidate, defeating George Simion, leader of the nationalistic AUR party.
The Board of the National Bank of Romania (NBR) decided on Friday to maintain the key interest rate at 6.50%.
Foreign Direct Investments (FDI) in Romania decreased to €1.67 billion in Q1 2025, down over 32% versus the same period last year.
Romania's Consumer Price Index (CPI) increased marginally by 0.07% compared to March 2025, while the annual inflation rate reached 4.9% by April 2025, according to the National Institute of Statistics (INS).
The EBRD has slightly revised its forecasts for the Romanian economy's growth in 2025 but maintained its predictions for 2026, according to a recent report.
Romania's trade balance deficit (FOB/CIF) reached €8.45 billion in Q1 2025, marking a 26.9% increase (€1.79 billion euros) compared to the same period of last year,
The Romanian leu fell on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1222
Romanian Business Leaders (RBL), the foundation comprising over 500 local entrepreneurs, has named Sergiu Neguț, Co-Founder of FintechOS, as President.
The Romanian leu (RON) depreciated on Tuesday against the euro, which the National Bank of Romania (BNR) calculated at RON 5.0378.
Cătălin Predoiu has been named Interim PM following the resignation of Marcel Ciolacu. The appointment was approved by Interim President Ilie Bolojan.
Romania's Social Democrat PM Marcel Ciolacu resigned on Monday evening, citing dwindling support for the ruling government coalition following Sunday's first round of presidential elections.
The seasonally adjusted unemployment rate was 5.5% in March 2025, a decrease of 0.1 percentage points compared to the previous year, according to data published by the National Institute of Statistics (INS).
The Romanian currency leu has depreciated on Monday against major currencies, following the first round of presidential elections in Romania.
George Simion, the President of the Alliance for the Union of Romanians (AUR), and independent candidate Nicușor Dan, Mayor of Bucharest, have emerged as winners
Close to 12,000 Romanians that are abroad had already voted by Friday morning in the first round of presidential elections.
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.

DP World has expanded its operations in Romania with two new mobile harbour cranes and a 119,000 sqm multimodal terminal platform at Constanța South Container Terminal.
Romania's Competition Council has fined three companies a total of RON 135.2 million (€26.6 million) for anti-competitive agreements in the heated tobacco products market.
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.
Croatia, Czech Republic, Hungary, Poland, Romania and Slovakia have recorded an 18% increase in banking assets between 2021 and 2024.
PPC Blue, part of the PPC Group in Romania, has reached over 1,100 charging points this year, doubling its network from the previous year. More than half of these are fast and ultra-fast charging stations, making it one of Romania's most extensive electric vehicle charging networks.