Business Forum
| 17 July, 2025 at 9:15 AM
Romania faces “mild recession” risk, says ING
Romania is bracing for a period of economic stagnation in 2025, with growth forecasts significantly dampened by new fiscal austerity measures.
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.
Net investments in the Romanian national economy totalled RON 37.48 billion (€7.57 billion) in Q1 2025, marking a 4.3% increase compared to Q1 2024, according INS.
The Romanian economy is projected to grow by 1.3% this year, a decrease from the 2.1% forecast in January, according to the latest World Bank report on global economies.
Inflation and energy prices are subjects of concern for more than half of Romanians, according to a recent European survey by Boston Consulting Group (BCG).
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.
Helleniq Energy has completed two photovoltaic parks in southern Romania with a combined capacity of 58 MW, marking the company's first operational renewable energy assets in the country. The projects are part of a 2023 agreement with Metlen for developing four solar projects totalling 211 MW.
Intesa Sanpaolo Bank Romania has appointed Anca Petcu as Chief Operations and Transformation Officer and Deputy CEO, following approval from the National Bank of Romania.
Patria Bank has signed a contract to sell its 99.9% stake in SAI Patria Asset Management to BRD Asset Management SAI for €5.5 million.
Romania's retail sales volume (excluding automotive and motorcycle trade) dropped 9.1% year-on-year in January 2026 in gross terms, and 6.5% when adjusted for working days and seasonality, according to data released by the National Institute of Statistics (INS).
Romania is set to host additional US military assets following a high-level Supreme Council of National Defence (CSAT) decision.