Government debt as a share of GDP rose in Q3 in both the eurozone to 88.5% from 88.2% in Q2, and in the European Union to 82.1% from 81.9%, according to data published by Eurostat.
Romania recorded the fastest growth in road freight transport in the European Union, with companies reporting almost 29 billion tonne-kilometres carried by road in 2023, representing a 69% increase over ten years. This growth rate was three times faster than the EU average, according to Eurostat data cited by Colliers.
Between 2015 and 2022, European companies invested €700 billion less in technology than US competitors.
Despite €3 billion mobilised through the European Battery Alliance created in 2017, only 3% of the investment needed in the battery supply chain has been made.
Plans discussed with European Finance ministers in Luxembourg will broaden financing options and tools available to scale up European innovative companies and unicorns.
Romania will declare an emergency situation on the fuel market following a working group meeting convened by PM Ilie Bolojan to address surging costs.
eMag Group has appointed Andreea Mihnea as Vice President of People, tasked with coordinating HR processes and operations across the group.
Following recent checks, Romania's Energy Ministry manages emergency oil stocks exceeding 2 million tonnes oil equivalent, according to an official statement.
Digi Communications has officially entered the United Kingdom telecommunications market through a strategic acquisition in southern England.
Romania reported the highest forest growth surplus in the European Union for 2023, with a net annual increment of 39.9 million cubic metres.