Merete Clausen, Director at the European Commission's DG GROW, to join European Investment Fund (EIF) as Deputy Chief Executive starting January 16th 2025.
Through this collaboration with EIF, Garanti BBVA is launching two new guarantee programs designed to address key challenges for Romanian enterprises.
Pledge, supported by InvestEU programme, marks first EIF-backed fund focused solely on social infrastructure in Central-Eastern Europe.
Nine Realms' fund will support early-stage companies in the supply chain technology sector, with a strong focus on climate and environmental impact - including the blue economy.
Nearly half of EIB Group lending and investments in European Union last year went to cohesion regions, according to new report.
This agreement was facilitated by the InvestEU programme, which aims to trigger over €372 billion in additional investment over the period 2021-2027.
The new programme will promote women leaders in venture capital and private equity and is open for pan-EU participation.
The fund's strategy is in line with the Green Deal focusing on climate and environmental impact.
Romania has finalised a landmark contractual framework with German defence giant Rheinmetall for the construction of a new ammunition powder factory in Victoria, Brașov County.
Starting August 1, Romania's new fiscal package increased the standard VAT rate from 19% to 21%. It also merged the 5% and 9% reduced rates into a single 11% rate.
Romania's government has proposed a new fiscal package aimed at reducing the budget deficit, which includes significant changes to profit taxation for multinational companies.
The deposits of non-governmental resident clients at banks rose by 0.9% in July 2025 compared to the previous month, reaching RON 634.9 billion (€127.8 billion).
The number of tourist arrivals in Bucharest reached 777,756 in the first five months of 2025, according to data from the National Institute of Statistics (INS).