Economy

Business Forum   |   9 April, 2026 at 9:14 AM

World Bank slashes Romania's growth forecast for 2026

The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.

Business Forum   |   6 April, 2026 at 1:11 PM

Mangalia shipyard enters bankruptcy

CITR, the judicial administrator of Șantierul Naval din Mangalia, announced that the creditors' assembly has rejected the proposed reorganisation plan for the company.

Business Forum   |   20 March, 2026 at 3:45 PM

Parliament approves Romania's 2026 budget

The joint plenary session of Parliament officially adopted the 2026 state budget and social security budget projects on Friday.

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Economy

Romania's inflation hits 10.85% in May 2026

Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).