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24 articles about economy

S&P reaffirms Romania's rating at "BBB-". Nazare: "An important result, but insufficient"
S&P agency has maintained Romania's rating at "BBB-", with a negative outlook. Finance Minister Alexandru Nazare is calling for budgetary discipline through to 2027.

Daniel Dăianu: Romania is not at risk of a downgrade from S&P, but the situation remains serious
Economist Daniel Dăianu says that S&P will not downgrade Romania, but warns that political instability and the lack of a fully empowered government are aggravating economic risks.

Mureșan blames PSD-AUR for the leu's fall: "They are creating instability and economic uncertainty"
Siegfried Mureșan links the depreciation of the leu to PSD-AUR votes against the Bolojan and Mureșan governments. The euro climbed to 5.34 RON, ahead of S&P's verdict on Romania's credit rating.

ROBOR rose to 6.11%, the second consecutive increase. Loan repayments are becoming more expensive
The 3-month ROBOR index reached 6.11% on Friday, affecting approximately 152,000 Romanians with mortgage loans and over 115,000 companies.

S&P Decides Romania's Credit Rating Today: What a Potential Downgrade to "Junk" Status Would Mean
Friday, 2 October 2026, S&P will review Romania's BBB- rating, which carries a negative outlook. A downgrade would move the country into speculative-grade territory.

Romanians Are Earning More, but Expenses Are Rising Even Faster. Economists Explain Why
Household incomes rose by 3.2%, while expenditure increased by 4.5%. Nearly 85% of money goes on food, taxes and bills, according to INS data.

Tezaur, new edition from 5 October: interest rates of up to 7.50%, tax-exempt
From 18 October, Romanians can purchase Tezaur bonds from 5 October, available in 1, 3, or 5-year terms, with tax-free interest rates of 6.50%–7.50%. The subscription period closes no later than 6 November.
Foto ilustrativăFIDELIS returns in October: interest rates up to 7.75%, special conditions for blood donors
The new FIDELIS edition runs from 2–9 October, with tax-free interest rates of up to 7.75% (RON) and 6.60% (euro). Blood donors benefit from special tranches and reduced minimum thresholds.
Foto ilustrativăROBOR Exceeds 6%: Higher Instalments for 152,000 Romanians with Mortgage Loans
The 3-month ROBOR index rose to 6.06%, its highest level this year, affecting the loan repayments of approximately 152,000 Romanians with credits linked to this index.

Romania Risks Downgrade to "Junk" Status by S&P: What It Means for Pensions and Salaries
S&P agency decides whether Romania loses its investment-grade rating. A downgrade would increase the cost of government borrowing and put pressure on the pensions budget.

Inflation rises in the eurozone due to energy costs. Pressure on the ECB for further rate hikes
Inflation rose above expectations in France, Italy, Germany and Spain, driven by rising energy costs. Markets are anticipating four interest rate hikes by the ECB.

BNR: the public budget must be urgently overhauled, interest rates exceed the target deficit
BNR officials warn that the state is paying more in interest than the target budget deficit (3% of GDP), whilst the economy faces mounting pressures.

Nazare: Romania wants the euro by 2035, but must exit excessive deficit by 2030
The interim Finance Minister, Alexandru Nazare, says that adopting the euro by 2035 requires exiting the excessive deficit procedure by 2030.

Minimum Wage in Europe 2026: Romania Ranks 10th from the Bottom in the EU
Romania has a gross minimum wage of 825 euros/month in 2026 (+3.5%), ranking 10th lowest in Europe. Only five countries exceed 2,000 euros/month.

Food prices have risen 53% in Romania over 5 years, but the minimum wage has increased by more
Romania ranks 3rd in the EU for food price increases (53% over 5 years), yet the gross minimum wage has kept pace, allowing the purchase of over 20% more food.
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.