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24 articles about economy
Economist Ionuț Dumitru: public sector pensions and salaries can no longer be frozen in 2027, but increases must be kept moderate
Ionuț Dumitru, former head of the Fiscal Council, says that the freeze on pensions and public sector salaries should not be continued in 2027, but any increase must remain below the rate of GDP growth, in order to reduce the budget deficit.
Agriculture Minister proposes capping commercial markups on staple foods amid rising inflation
Florin Barbu is proposing a cap of 20% on the commercial mark-up for basic foodstuffs and is calling for a reduction in VAT to curb inflation. Finance Minister Alexandru Nazare is reportedly opposed to cutting VAT.
An Italian wants to retire in Romania with 1,400 euros: heated debate on social media
An Italian asks online whether he can live in Romania on a pension of 1,400 euros, and the responses are divided: some say it's enough, while others point to high rents.
Romania Among EU Member States with the Lowest Social Protection Spending in 2025
Romania allocated 17.1% of GDP to social protection in 2025, below the EU average of 27.5%, with only a 0.7% increase compared to 2024, according to Eurostat.
Eurozone inflation rises to 4% in October, driven by rising energy prices
Annual inflation in the euro zone rose to 4% in October, the highest level since autumn 2023, driven by energy prices.
Pensioners in Arad are taking out loans nearly 3 times larger than in the past 5 years
The average loan value at CARP Arad has risen to 7,000 RON, up from 2,500 RON over the past five years, driven by increasingly expensive bills and medical treatments.
Luca Niculescu: We can no longer apply austerity measures without significant tensions. The budgetary situation will be clear in 2-3 weeks
Prime Minister Luca Niculescu announces that the Finance Minister will present the country's actual fiscal and budgetary situation within 2–3 weeks. He warns that further austerity measures would trigger even greater tensions.
Ministry of Health Supplements Hospital Budgets by 230 Million RON
Rogobete announces an additional 230 million RON: 130 million for Emergency Reception Units and 100 million for Intensive Care, stroke and heart attack units, for urgent medicines and medical supplies.
Dăianu, from Budapest: the deficit has grown due to politicians' mistakes, not citizens'
Daniel Dăianu, the president of the Fiscal Council, stated in Budapest that the budget deficit has grown as a result of poor decisions made by politicians, not because of citizens accused of "financial illiteracy".
Pillar II: 236.8 billion RON under management, 65% in government securities
Private pension funds from Pillar II managed 236.8 billion RON as of September 2026, with 8.57 million participants. 65% of the funds are invested in government securities, and 27% in shares listed on the Bucharest Stock Exchange.
Confidence in Romania's economy fell for the third consecutive month in October
The ESI index fell to 91.6 points in October, its lowest level since April, amid growing pessimism among consumers and industry.
Energy prices for electricity and gas: the Energy Minister announces three possible scenarios for how bills could change
The Minister of Energy, Dumitru Chisăliță, says that electricity bills will rise, and the price of gas for businesses will increase significantly. For households, the price of gas remains similar to last year.
The price of gas explodes in Europe: warning that Romania could be hit "like a tsunami"
Professor Radu Carp warns that rising gas prices in Germany, driven by cold weather and low wind conditions, will soon affect Romania as well, despite the VAT reduction.
Romania, EU Leader in Electricity and Gas Price Increases in the First Half of 2026
Eurostat shows that in Romania, electricity prices rose by 51.6% and gas prices by 9.3% in H1 2026 compared to 2025, the largest increases in the EU.
FIDELIS, new edition: interest rates up to 7.75% in RON and 6.60% in euros for seniors
The Ministry of Finance is launching FIDELIS government securities between 6–13 November, with interest rates of up to 7.75% in RON and 6.60% in euros, tax-free.
Foto ilustrativăFIDELIS Government Securities, new edition in November 2026: interest rates of up to 7.75% in RON and 6.60% in euros
The Ministry of Finance is launching the 11th FIDELIS edition of the year from 6–13 November 2026, with tax-free interest rates of up to 7.75% (RON) and 6.60% (euro), including special tranches for blood donors.
Rogobete: We moved 150 million RON towards emergency services, I felt like I was "sitting on a powder keg"
The Health Minister says he has transferred 150 million RON to emergency services and ambulances, warning that the system was not prepared for a mass casualty incident.
Romania, the highest electricity price in the EU, Wednesday, 28 October 2026
Romania had the highest average daily electricity price among 34 European markets on Wednesday: 31.09 euro cents/kWh, ahead of Bulgaria and Hungary.
INS: Romania's Population Declined by 0.5% in One Year, with the Elderly Outnumbering Children by 39%
INS: as of 1 July 2026, Romania had 21.56 million inhabitants, 114,000 fewer than in 2025. The elderly (4.1 million) outnumber children (2.94 million) by over 1.15 million.
Rogobete: Healthcare needs 10.5–11 billion RON by year's end. "Hospitals will not be closed"
The Minister of Health says the healthcare system requires 10.5–11 billion RON at the budget rectification, scheduled for the end of next week. He assures that no hospitals will be closed.
Budget deficit reduced to 3.81% of GDP after nine months, the Ministry of Finance announces
The budget deficit fell to 78.3 billion RON (3.81% of GDP) in the first nine months of 2026, down from 102.47 billion RON (5.31%) the previous year. Revenues grew by 11.9%, whilst expenditure rose by 5.5%.
Eurostat: Bucharest-Ilfov, third highest growth in the EU (33%), but South Muntenia and Oltenia fell by over 11%
Eurostat shows that Bucharest's real GDP grew by 33% since 2019 (3rd in the EU), whilst Sud-Muntenia declined by 13.5% and Sud-Vest Oltenia by 11.3%.
Romania, the Largest Budget Deficit in the EU in Q2 2026, Eurostat Data Shows
Eurostat reports a deficit of 9.2% of GDP for Romania in Q2 2026, the largest in the EU, amid declining consumption and real incomes.
Economists Call for Stable Taxes Over 3–5 Years: Foreign Investment in Romania Has Dropped by 82%
The consultancy firm Frames is proposing a 3–5 year tax moratorium, following a 82% drop in foreign direct investment in the first half of 2026.