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For the sustainability of public debt, given that the budget deficit reached 9.3% of Gross Domestic Product last year, a massive fiscal adjustment is necessary, i.e. a drastic reduction in public spending and better collection of revenues to the...

Our country is facing an acute crisis of credibility, reflected in the low country rating and the high costs of financing loans, the major problems being the excessive budget deficit and the lack of credible fiscal measures, according to the...

At a time when part of the political class would like to resort to tax increases to recover the budget deficit, MP Claudiu Năsui (USR), former Minister of Economy, Entrepreneurship and Tourism in the Cîţu government, states in a post on his...

The evolution of the Bucharest Stock Exchange (BVB) indices was marked by strong volatility last month, amid investment insecurity caused by trade tensions between the United States and the rest of the world, mainly China, while, domestically,...

The middle of the calendar spring, April, represented a fiery month for the Romanian economy, in light of the pressure put by the presidential elections scheduled for May 4 and 18, but also by the need to take legislative, fiscal and...

The activity of president-elect Nicuşor Dan was intense and focused in the first days after the May 18 elections and addressed essential issues for the country's economic and financial future, with an emphasis on reducing the budget deficit,...

OMV Petrom expects the impact of US tariffs on the company to be minor, under current conditions, it is mentioned in the issuer's quarterly report, signed by CEO Christina Verchere.

The shareholders of the Bucharest Stock Exchange (BVB) yesterday approved the company's financial statements for last year, the method of profit distribution and the budget for this year, but rejected the proposals of the Romanian Commodity...

Romania's entry with land borders into the Schengen area, one of the most important diplomatic achievements of the beginning of the year, was quickly overshadowed by a series of events that strained the country's political, social and...

The first quarter of 2025 ended with a March full of strategic decisions, with a mix of social support, economic investments, programs for industry and entrepreneurship, but also budgetary prudence measures. The decisions taken by the Government...

The first month of spring was a dense one in government decisions, with a wide range of interventions, from support for agriculture and industry to strategic investments in energy, defense, infrastructure and national security. The government led...

Officials within the Financial Supervisory Authority face a high risk when they find certain irregularities in the activity of that public institution. Being a whistleblower regarding the ASF represents the most difficult position an official can...

At a time when a new technological revolution is taking place at a global level, profoundly rewriting the rules of the economic game, and when supply chains are being reconfigured amid aggressive protectionist trade measures introduced by the US,...

The United States risks running out of cash to pay its obligations by mid-July unless Congress adopts a resolution to raise or suspend the maximum national debt ceiling, according to an analysis published by the Bipartisan Policy Center think...

Ten years of presidency ended with a resignation, with Klaus Iohannis thus ending his two terms not in glory, but in disgrace. On February 10, the former president announced his resignation in order to avoid a political crisis generated by the...

The Russian Finance Ministry considers it appropriate to discuss the possibility of large-scale privatizations again, the relevant minister, Anton Siluanov, said yesterday at a meeting of the Board of Directors of Rosimushchestvo, the federal...

The United States owes foreign investors $8.5 trillion in national debt - nearly a quarter of the total debt, according to a visualcapitalist.com analysis that highlights the largest foreign holders of U.S. government securities.

Europe is in an accelerated rearmament race, but the direction of this massive investment raises uncomfortable questions. Instead of strengthening the European Union's defense industry, the European Commission's ambitious plan seems to...

The progressive tax is not on the agenda of the current government, as long as one of the coalition partners considers the approach to the subject as a red line regarding its participation in the Executive, said Marius Alin Andries, Secretary of...

The 2025 Eurovision Song Contest promises a series of surprises and innovative ideas, according to organizers in Basel, the Swiss city that will host the event. With just two months to go before the start of the competition, preparations are in...

The Bucharest Stock Exchange (BVB) indices saw slight increases amid reduced liquidity in the first month of the year, thus reflecting the state of investors awaiting information on the domestic economic and political situation, company results...

The disappearance of the Dacian treasure, following a burglary on the last day it was still on display at the Drents Museum in the Netherlands, represents the main event of the first month of 2025, despite the Government's attempts to keep...

The boycott of hypermarkets in our country between February 10-16, an action to which Romanian citizens were called by Călin Georgescu and the sovereignist parties, in order to protect Romanian farmers, proved to be a failure from the very first...

The year 2024 was marked by economic-financial and socio-political convulsions, which accentuated Romania's vulnerabilities in the face of domestic and international challenges. From the alarming budget deficit to the uncontrolled increase in...

The indices of the Bucharest Stock Exchange (BVB) experienced significant declines in the second half of last year, amid the election period, parliamentary elections, and the annulment of the first round of the presidential elections. The BET...

The second half of 2024 represented a critical turning point for Romania's economy and political stability. In an attempt to counter the ever-expanding budget deficit and ensure macroeconomic balance, the government implemented a series of...

Theater festivals, music festivals and Christmas markets are the events that managed to bring more foreign tourists to our country last year, even if for 2024 the average number of overnight stays per tourist is 2.2-2.3 days, which would place us...

The evolution of the Bucharest Stock Exchange (BVB) was massively influenced, in the last quarter of last year, by the electoral period that culminated in the scandal of the presidential elections canceled following the decision of the...

The last financial quarter of last year was a time of intense complexity for the Romanian economy, in which political and economic forces faced significant challenges generated by the general elections, the tense geopolitical context and an...

Over 9.4 million citizens who went to the polls on November 24 had their options canceled by the Constitutional Court of Romania, which, after validating the first round of the presidential elections on December 2, reversed its decision on...

Donald Trump was inaugurated yesterday for his second term in the White House, following a lavish ceremony that was the most expensive inauguration ceremony of an American president.

Prime Minister Marcel Ciolacu declared yesterday, after the meeting with Deputy Prime Minister Tanczos Barna, Minister of Finance, that the budget for the current year will be built with caution, so as to fall within a 7% deficit, according to...

The Ministry of Education will carry out the "National Support Program for the Correct Use of the Romanian Language" within which the new "Orthographic, Orthoepic, Morphological and Punctuation Guide", recently launched by the...

The Parliament established following the 2020 elections ends its four-year mandate today, a period that can be characterized as one marked by major crises such as the Covid-19 pandemic, the energy crisis following the war in Ukraine, political...

The end of the calendar autumn was marked by the presidential and parliamentary elections that took place on November 24 and December 1. For this reason, in order to increase its chances before the election and to maximize the chances of its own...

The Market Analysis and Strategies Department of the Goldring brokerage house estimates a target price of between 7.08 lei and 7.11 lei for the shares of the induction heating equipment manufacturer Aages Târgu Mureş, in the next twelve months,...

Financial markets may be losing patience with Romania's high fiscal deficit, Daniel Dăianu, president of the Fiscal Council, warned, noting that the seven-year deficit reduction plan risks being too slow for some investors, Reuters reports....

The citizens of Bucharest with the right to vote are expected at the polls on Sunday, November 24, to express their option, in addition to the presidential elections, and regarding a local referendum initiated by the General Mayor Nicuşor Dan. It...

Ukraine's economy grew by 4.2% in the first ten months of 2024 compared to the same period in 2023, thanks to the construction, transport and manufacturing sectors, the country's Economy Ministry announced, according to...

The development of online commerce is closely related to artificial intelligence, better said to its use on new platforms and for the modeling of new applications characteristic of each type of consumer/client, stated the participants at the...