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24 articles about economy
Foto ilustrativăUnemployment rose in August to 260,919 people, the majority aged over 55
ANOFM: unemployment rate reached 3.26% in August, with 260,919 registered. Over 65,000 are aged above 55, whilst 199,201 receive no unemployment benefit.
ROBOR at three months rose to 5.93%, the highest level in the past seven months
The 3-month ROBOR index, used to calculate certain bank loan rates, has reached 5.93%, its highest level in nearly seven months.
Foto ilustrativăNazare, after meeting with S&P: budget execution, the main argument for maintaining the rating
The Finance Minister held discussions on Thursday with S&P Global Ratings regarding fiscal consolidation. The decision on Romania's sovereign rating is expected on 2 October.
Rising maintenance bills: pensioners fear the costs of this winter
Residents and property owners' association managers are warning that winter will bring costs that will be hard to bear, particularly for pensioners on low incomes.
Alexandru Nazare: there is no risk to the payment of pensions and salaries at this time
The Finance Minister says that Romania has arguments for maintaining its country rating and that there is no risk to the payment of pensions and salaries.
INSCOP Poll: over half of Romanians see no economic recovery; 61% among AUR voters
Only 10.3% of Romanians expect a clear improvement in the economy within 12 months. 51.2% do not believe in a recovery at all, a figure that rises to 61% among AUR voters.
Euro reaches a new all-time high: 5.2788 RON, announced by the NBR on Wednesday
BNR announced a record exchange rate of 5.2788 RON/euro on Wednesday. The dollar, Swiss franc, and pound sterling also rose.
Romania enters talks with S&P on Thursday: what the risk of a downgrade to "junk" status means
Romania begins talks with S&P on Thursday, 24 September, ahead of the agency's verdict on 2 October regarding its sovereign credit rating. A downgrade would move the country into the speculative "junk" category.
BNR: Romania's economy could enter negative territory, inflation remains above 6%
BNR Deputy Governor Cosmin Marinescu warns that the economy risks contracting in 2026, with inflation set to remain above 6% by year-end, returning to target only in 2027.
Petrol, the second largest monthly price increase in the EU in August. Annually, prices rose 26.7% in Romania
Eurostat: Petrol prices rose in August by 6.6% compared to July in Romania, the second largest increase in the EU. On an annual basis, fuel prices climbed by 26.7%.
Foto ilustrativăOver 86% of Romanians expect prices to rise within 6 months
An INSCOP survey shows that 86.1% of Romanians anticipate further price rises over the next six months, up from June's figures.
Expensive gas could push inflation higher faster in the eurozone, ECB warns
The ECB announces that the rise in gas prices, over 140% compared to last year, could be reflected in bills more quickly. Electricity would be less affected, thanks to renewable energy.
More and more Romanians say they are worse off: low incomes and rising prices are the main concern
Nearly 32% of Romanians say their quality of life has worsened over the past year, compared to 19% a year ago. Approximately 60% attribute this to low incomes and rising prices or taxes.
Foto ilustrativăGrindeanu Demands Explanation from Fitch Following Warning Over Romania's Downgrade Risk
Sorin Grindeanu is seeking an official statement from Fitch, after an analyst at the agency warned of the risk of Romania being downgraded to "junk" status. The current rating remains "BBB-", with a negative outlook.
Foto ilustrativăFitch warns: Romania risks downgrade to 'junk' status if political crisis continues
Fitch analyst Malgorzata Krzywicka says that the prolonged governmental crisis is putting pressure on Romania's sovereign credit rating, which is due to be reassessed in January 2027.
Fitch warns: Romania risks downgrade to 'junk' rating due to political crisis
Fitch analyst Malgorzata Krzywicka warns that a prolonged political crisis is putting pressure on Romania's sovereign credit rating. Fitch will reassess the situation in January 2027.
Foto ilustrativăRomania's Gas Reserves Filled to 76%. European Prices Drive Up Winter Bills
Romania has filled its gas storage facilities to 76.26% capacity (2.43 billion cubic metres), working towards the 80% target by 1 October. High European prices may push up bills this winter.
Nazare: over 2 billion RON moved forward for healthcare, to avoid bottlenecks
Acting Finance Minister Alexandru Nazare has approved the transfer of 2.058 billion RON from the fourth quarter to the third quarter for healthcare, in order to cover payments that are already overdue.
Ministry of Health Shifts Funds Towards Emergency Services: Other Programmes Left Without Funding in December
Funds from programmes such as HIV/AIDS, mother-and-child or resident doctors are being redirected towards A&E units and ambulance services. Additional requirement: 98 million RON in October.
Health sector faces a 98 million RON deficit, temporarily covered with funds reallocated from within the health sector itself
Interim Minister Cseke Attila announces that the 98 million RON is being taken from other programmes within the Ministry of Health — a "temporary, emergency" solution valid only until the end of October.
Romania dropped 12 places in the global economic competitiveness rankings, to position 61
Romania ranks 61st out of 70 economies analysed in 2026, dropping 12 places compared to 2025. Poland climbed 11 positions, reaching 41st place.
Foto ilustrativăPetrișor Peiu: "The Most Severe Economic Crisis Since EU Accession"
Petrișor Peiu warns of the risk of stagflation in Romania and calls for snap elections. Dian Popescu speaks about record energy prices and the risk of selling off state resources.
Inflation dropped to 6.2% in August. Diesel and rents among the biggest price increases
The annual inflation rate dropped to 6.2% in August, down from 8.2% in July. Diesel, rents, coffee and eggs remain among the highest price increases.
Foto ilustrativăInflation dropped to 6.2% in August 2026, INS announces
INS: annual inflation fell to 6.2% in August 2026, down from 10.4% in June. Prices rose by 0.22% month-on-month.