September 2024p, the balance-of-payments current account posted a deficit of EUR 19,777 million, compared with EUR 16,063 million in the same year-ago period. The breakdown shows that the deficit on ...

Romanians pay loan installments with annual effective interest rates almost double compared to many European countries. According to Eurostat data, the average annual effective interest rate on ...

The three-month ROBOR index, which is used to calculate the cost of consumer loans in RON with variable interest rates, rose on Friday to 5.58% per year, up from 5.56% per year in the previous session ...

A new study by LIFE IS HARD, a leader in digitalizing the insurance industry, in collaboration with research firm Cult Research, provides an in-depth view of Romanians’ outlook, concerns, and openness ...

Romania’s October inflation rate came in at 4.67%, above consensus. There are renewed pressures from the drought in the country, and that’s prompting us to revise our inflation forecasts from 4.2% to ...

The European Commission's Autumn Forecast projects GDP growth in 2024 at 0.9% in the EU and 0.8% in the euro area. Economic activity is forecast to accelerate to 1.5% in the EU and to 1.3% in the euro ...

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó said on Friday in Miercurea-Ciuc that he wants the relations between Romania and Hungary to be as good as possible, stressing that he ...

Prime minister Marcel Ciolacu, accompanied by a government delegation including the minister of foreign affairs, Luminita Odobescu, and the Minister of Defence, Angel Tilvar, will be in Brussels on ...

Almost a third of Romanians report that they would vote with the Social Democratic Party - PSD (31.1%) at the December 1 legislative election; next in the voters' preference are the Alliance for the ...

President Klaus Iohannis on Friday promulgated the law regarding the acquisition of 32 F-35 aircraft.The normative act aims to achieve the operational air defence capability provided for in the ...

The political analyst Cristian Pirvulescu states that it is very likely that the turnout in the parlamentary elections will be good enough, due to the placement of the parliamentary voting between the ...

The European Commission expects real GDP growth to slow significantly in 2024, to 1.4%, according to the EC ‘s autumn forecast. Romania’s general government deficit will reach 8% of GDP in 2024, much ...