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economy news
24 articles about economy
Foto ilustrativăFinancial crisis in hospitals: funds left for only two more weeks, 8 billion RON needed
The healthcare system risks coming to a standstill without an urgent allocation of nearly 8 billion RON. CNAS, hospitals, and ambulance services are threatened by a lack of funding.
Foto ilustrativăFood prices are rising again: economists warn about 2027 prices
Wheat prices have risen by over 30%, rice by 10–13%, and food prices could increase even further towards 2027, FAO and World Bank economists warn.
Beijing will become a "super-ageing" city by 2035
One in three Beijing residents will be over 60 years old by 2035. China is spending approximately 180 billion yuan (€23.95 billion) to boost birth rates.
Foto ilustrativăElectricity bills could rise by up to 27%, and gas by 20%, this winter
Electricity prices could rise by 20-27%, with some gas tariffs increasing by up to 20%. Luca Niculescu has promised direct bill support for vulnerable individuals.
IMF warns: the global economy is vulnerable. Expensive energy, record debt and risks for Romania
IMF chief Kristalina Georgieva warns that fiscal and energy reserves are running out. Romania risks double gas bills and a current account deficit of 7% of GDP.
Foto ilustrativăThe Senate has voted on the ROBOR credit recalculation law. Romanians could receive money back from banks
The Senate adopted, with 68 votes in favour, 1 against and 26 abstentions, the law on recalculating ROBOR-linked loans using the IRCC rate. The law must still be passed by the Chamber of Deputies.
Senate wants recalculation of loans affected by ROBOR, based on IRCC
The Senate has adopted a bill regarding the recalculation of loans indexed to ROBOR and the compensation of affected customers, should a definitive breach of competition law be confirmed.
Bușoi: The Next Government Must Quickly Decide Whether to Extend the Gas Support Scheme
Cristian Bușoi, State Secretary for Energy, is calling for a swift decision regarding the support scheme for household gas consumers, currently valid until 31 March 2027, in response to high prices on European markets.
Average net salary fell to 5,688 RON in August, below inflation
INS: the average net wage fell to 5,688 RON in August, down 2.3% from July. Although it rose 5.6% year-on-year, inflation of 6.2% eroded purchasing power.
Average net salary fell in August 2026, inflation wiped out wage increases
INS: average net salary fell to 5,688 RON in August, 132 RON below July. Although 5.6% higher than last year, inflation has practically wiped out any real gain.
Annual inflation rose to 6.61% in September, INS announces
The annual inflation rate rose to 6.61% in September, up from 6.17% in August. Services became 11.12% more expensive, while the National Bank of Romania estimates inflation of 6.1% by the end of 2026.
INS: a household had a monthly income of 10,204 RON and expenditure of 8,650 RON in Q2 2026
According to the National Institute of Statistics (INS), a Romanian household had an average monthly income of 10,204 RON in Q2 2026, of which 8,650 RON went on expenses, leaving just 1,554 RON in savings.
IMF: Romania will enter recession in 2026, and the recovery from 2027 will be weaker than previously estimated
The IMF forecasts a 0.5% contraction of the Romanian economy in 2026, higher inflation and unemployment, with growth in 2027 expected to fall below previous projections.
Energy bills could rise by 20-22%. The 50 RON aid remains unchanged
Electricity bills could rise by 20-22% this winter, while the monthly 50 RON assistance for vulnerable people will not be increased. The World Bank is preparing support for 40 countries.
The new TollRo system could make basic foodstuffs more expensive in Romania
The TollRo kilometre charge, set to be introduced from 1 October 2026 for lorries, could lead to price increases of 1–5% on food items such as dairy products, bread, vegetables, and meat.
Higher bills this winter: Hidroelectrica raises energy prices, gas prices are also on the rise
Hidroelectrica has raised the price of active energy from 45 to 51.5 bani/kWh, whilst gas prices are rising on the European market. Pensioners are the most affected by the new costs.
Electricity bills could rise by 12-15%, energy suppliers warn
Energy prices in Europe have risen by 30% since July. Suppliers are forecasting bill increases of 12–15%, potentially higher if taxes are also raised.
BNR explains why the euro has climbed to new all-time highs against the leu
The NBR has explained why the euro exchange rate rose, reaching a record of 5.3527 RON on 6 October. The central bank links this development to both external and internal factors.
BNR Keeps Key Interest Rate at 6.50%. Inflation Falls, Economy Remains Fragile
BNR has kept the monetary policy interest rate at 6.50% per annum. Inflation fell to 6.17% in August, but consumption and industry remain weak.
Cristian Bușoi: electricity prices will rise, but not by 50%
The State Secretary at the Ministry of Energy says that electricity prices will rise significantly due to the shutdown of the Cernavodă reactors and high gas prices, but without the risk of a shortage.
Foto ilustrativăEuro reaches a new historic high against the leu: 5.3527 RON. Analysts forecast 5.50 RON
The NBR has announced a record exchange rate of 5.3527 RON/euro. Specialists are warning of rising rents and euro-denominated loan repayments, with the NBR set to decide on the key interest rate this Thursday, 8 October.
Foto ilustrativăHow much a Romanian household earns and spends, according to INS
INS: the average monthly income of a household has exceeded 10,000 RON, while expenditure has reached 8,650 RON, mostly spent on food and utilities.
Euro, record exchange rate at the NBR: 5.3527 RON. How the dollar, franc and gold have evolved
BNR announced on Tuesday, 6 October 2026, a record exchange rate of 5.3527 RON to the euro. The dollar rose slightly, whilst the Swiss franc and gold depreciated.
Health 2025: Romanians paid 130 billion RON, over a quarter directly out of pocket
A study by ASE and Regina Maria shows that the Romanian healthcare system cost nearly 130 billion RON in 2025, with patients paying over 33 billion RON out of pocket, accounting for 26% of the total.