Economy
Romania's deficit narrows slightly on five months
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.
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
The energy price cap scheme for consumers in Romania is ending on Monday, after almost four and a half years.
The final 18 kilometres of the A0 southern semi-ring road have opened to traffic on Monday, which will enhance highspeed road connectivity in southern Romania.
The Dr. Holhoș network has inaugurated the largest private ophthalmology hospital in Transylvania, following an investment of approximately €6 million.
Cargo traffic through the Port of Constanța dropped by over 27% in Q1 2025, while traffic via the Danube-Black Sea Canal was approximately 40% lower compared to the same period last year.
Romanian gas transmission company and its Serbian peer JP Srbijagas have signed a Memorandum of Understanding for the construction of two crucial natural gas pipeline projects.