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24 articles about economy
Foto ilustrativăPrices Keep Rising at the Market: Senior Citizens Among Those Hit Hardest by Cost Increases
Shoppers say they can no longer cope with rising food and utility prices, while producers complain they are selling their goods for next to nothing or throwing them away.
Foto ilustrativăPrivate pension funds with €2 billion losses from real estate investments
Administrators of certain private pension funds have invested in real estate and other private markets, with estimated losses reaching 2 billion euros, affecting millions of taxpayers in Germany.
Official from the Ministry of Energy: "Zero chance" of a blackout in Romania. Bills could rise by 5%
State Secretary Sorin Elisei rules out the risk of a blackout and estimates an approximately 5% increase in energy bills compared to this year.
Foto ilustrativăHigh prices in markets: pensioners can no longer cope with rising vegetable costs
Tomatoes have surpassed 10 RON/kg, as have bell peppers and aubergines. Pensioners say they must choose between food, medicine, and bills.
Foto ilustrativăRomania tops EU inflation rankings: prices up by over 8% in July
Romania leads the EU's inflation rankings, with a rate of over 8% in July, compared to just 3% across the European average. Food and services saw the sharpest price increases.
Romania's pharmaceutical production exceeded 7 billion RON in 2025, with the top three players holding half the market
Local pharmaceutical manufacturers reached 7.3 billion RON in turnover in 2025, nearly double compared to 2018, yet the number of employees has remained stable, at around 10,000.
Foto ilustrativăVegetables and fruit increasingly expensive: tomatoes exceed 9 RON, peppers exceed 15 RON/kg
Vegetable and fruit prices have risen sharply amid soaring energy costs. Tomatoes are exceeding 9 RON/kg, peppers over 15 RON/kg, and some retailers are withdrawing from sales altogether.
CCR Rejects AUR's Challenge to the IBRD Loan, Repayable in 2044
The Constitutional Court rejected on Monday the objection raised by AUR and SOS România against the law ratifying the IBRD loan, intended to finance the public deficit and debt.
Dan Suciu, BNR: Food prices are no longer rising, pressure is coming from energy. Inflation heading towards 6%
The BNR spokesperson says that inflation is falling towards 6% by the end of the year, with the effects expected to be felt from the second half of the year.
Finances See Signs of Economic Stabilisation, Despite GDP Falling by 0.4%
Minister Nazare says that European investments have increased by 56%, the external deficit and inflation are falling, although GDP declined slightly in the second quarter.
Romania's economy shrank by 0.8% in the first half of 2026, according to INS
GDP fell by 0.4% in the second quarter and by 0.8% over the first half of the year. An analyst describes this as a "soft landing", rather than a major crisis.
Foto ilustrativăRomania's GDP Declining for 9 Months: -2% in Q2 2026
INS announces that the country's economy has been stagnating or contracting for three consecutive quarters. GDP fell by 2% in Q2 2026 compared to the previous year.
Isărescu: Maintaining the Rating by Fitch and Moody's Was the Right Decision
The BNR Governor says that Romania has made a fiscal correction of over 2% of GDP, and that the decisions by Fitch and Moody's were not a favour, but a normal decision.
BNR: inflation rises to 6.1% for 2026. Isărescu hopes for a return to target in Q4 2027
BNR has raised its inflation forecast for 2026 to 6.1%, up from 5.5%. Isărescu states that the trajectory remains downward, with a return to the inflation target in the fourth quarter of 2027.
Foto ilustrativăCoffee and citrus fruits could become significantly more expensive due to new EU pesticide regulations
A European Commission study shows that stricter pesticide rules for imported products could increase the price of coffee by up to 332% and citrus fruits by 82%.
Foto ilustrativăInflation dropped to 8.16% in July 2026, but rents and coffee prices rose sharply
The annual inflation rate dropped to 8.16% in July 2026, marking the first decline in the past 12 months. Rents, diesel fuel, and coffee recorded the largest price increases.
Foto ilustrativăPurchasing power on the decline: wages rising more slowly than prices
The average net salary grew by just 3.2% in May, reaching 5,684 RON, however real earnings fell to 93.1% of last year's level, according to data from the National Institute of Statistics.
Foto ilustrativăExperts warn: energy bills could rise by 30% this winter
Energy expert Dian Popescu warns that new electricity contracts will be over 30% higher this winter, due to gas storage problems across Europe.
Foto ilustrativăRomania, last in the EU: 61.4% of Romanians cannot afford a holiday
Romania leads the EU ranking on poverty: 61.4% of the population cannot afford a one-week holiday, compared to the European average of 27.5%.
Energy bills could rise. Expert: three scenarios, the most likely brings a 3-5% increase
Expert Dumitru Chisăliță outlines three scenarios for electricity prices: the most likely one forecasts increases of 3–5%.
Foto ilustrativăThe minimum wage has increased by 125 RON, but inflation cancels out the effect for 1.8 million Romanians
The national minimum wage has been increased by 125 RON, to 2,700 RON, yet the minimum consumption basket for one person exceeds 5,000 RON per month.
Foto ilustrativăMoody's Maintains Romania's Country Rating, Avoiding Downgrade to Junk Status
Moody's agency maintained Romania's sovereign rating at Baa3 on Friday evening, a status that recommends investment, amid the reduction of the budget deficit.
Pharmaceutical factories request no power cuts amid the energy crisis
Drug manufacturers are urging the Government to include them on the list of strategic consumers, alongside hospitals, warning that a power outage can compromise entire batches of medicines.
Foto ilustrativăMoody's to Decide Romania's Credit Rating Today, Following Fitch. Risk of Higher Borrowing Costs
Moody's announces its verdict today regarding Romania's sovereign credit rating. Analysts warn that the economy is in "disguised junk" territory, on the verge of a downgrade.