Romania's PM says government will support local companies hit by US tariffs
As US President Donald Trump has announced a 20% tariff on products imported from the EU, Romanian PM Marcel Ciolacu said the government will launch support schemes.
As US President Donald Trump has announced a 20% tariff on products imported from the EU, Romanian PM Marcel Ciolacu said the government will launch support schemes.
Romania's informal economy represents about one eighth of its GDP, according to an EY report.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
The US government is currently reviewing Romania's recent inclusion in the Visa Waiver Program (VWP) to ensure it meets the program's strict security requirements.
The number of fund investors is approaching the one million mark, a level which will most likely be reached in April.

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).