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economy news
24 articles about economy
TEZAUR Government Bonds with Interest Rates up to 7.25% – an Investment Opportunity for Pensioners
Seniors can safely invest in the new government bonds with attractive interest rates of up to 7.25% per annum, an ideal option for retirees.
Decline in the number of pensioners in Romania: average pension reaches 2,784 RON
In March 2024, Romania had nearly 3,000 fewer pensioners, while the average pension rose to 2,784 RON.
Romania, the Most Expensive Public Debt in the EU – Impact on Pensions and Social Services
High borrowing costs for the Romanian state risk affecting the budget for pensions and elderly care services.
Banks fined 710 million euros for ROBOR manipulation - Impact on pensioners
Ten major banks have been sanctioned for coordinating the setting of ROBOR, affecting interest rates on seniors' loans and savings.
Record fines for banks: 3.7 billion RON for ROBOR manipulation
The Competition Council sanctions 10 banks for coordinating their behaviour in setting ROBOR, directly affecting loan costs for pensioners and consumers.
Competition Council fines banks 3.73 billion RON for ROBOR manipulation
Ten banks in Romania receive record fines for coordinating their behaviour in setting ROBOR, affecting Romanians' loans.
EU Prepares Measures to Reduce Electricity Bills Through Renewable Energy
The European Union is drawing up a plan to reduce taxation on renewable energy in order to bring down soaring electricity costs.
EU prepares measures to reduce energy prices, with a direct impact on pensioners
The European Union is developing strategies to reduce taxes on green energy, measures that could bring relief to utility bills for seniors.
Fines of 800 million euros for banks in the 2022 ROBOR manipulation scandal
The Competition Council is preparing unprecedented sanctions for banking institutions accused of manipulating the ROBOR index.
Record fines for banks: 800 million euros for ROBOR manipulation
The Competition Council proposes historic sanctions for the manipulation of the ROBOR index, with a major impact on Romanians' loans.
Foto ilustrativăTezaur 2026 Government Bonds: Tax-free interest rates of up to 7.25% for senior investors
The new Tezaur session offers retirees safe investment opportunities with interest rates of 6.25%–7.25%, with no tax on income.
Allianz pension funds reduce their investments in BRD to secure profits
The private pension fund administrator reduced its exposure to Romanian bank shares after having acquired them in the autumn.
ANRE Revokes an Energy Supplier's Licence for the First Time Over Billing Irregularities
The regulatory authority has revoked Grenerg SRL's licence due to repeated irregularities, a decision that may affect vulnerable consumers.
Romania must balance its budget – impact on pensions and social services
The European Commission is calling for fiscal reforms and a reduction of the budget deficit, measures that could impact pensions and services for senior citizens.
Food price caps extended until the end of the year – direct impact for pensioners
The measure limiting the commercial mark-up on basic foodstuffs continues to protect the budgets of low-income families, including pensioners.
The commercial markup on food products could remain capped until 2026
The Agriculture Committee has approved the extension of the commercial markup cap on basic foodstuffs, a measure that could help pensioners cope with inflation.
European Inflation Reaches 3.2%, Affecting Pensioners' Purchasing Power
The rise in eurozone inflation to its highest level in three years is directly impacting pensioners' fixed incomes.
Historic record: Romanians contributed over 2 billion RON to Pillar 2 in February
For the first time, monthly contributions to compulsory private pensions have exceeded the 2 billion RON threshold, marking a significant increase.
Inflation Rises to 10.3% - Major Impact on Pensioners and Seniors in Romania
BNR's latest forecasts show inflation at 10.3% by mid-year, affecting pensioners' purchasing power and care costs.
Heating Bills Will Be Higher This Winter – Impact on Seniors
Gas reserves are at their lowest level in the past 5 years, which will lead to higher bills for all consumers.
Economic crisis hits pensioners directly: insolvencies among large companies rise dramatically
The surge in large company insolvencies in 2026 threatens pensioners' economic security through its impact on pensions and services.
Romania Risks Losing PNRR Funds by August – Impact on Projects for Seniors
The Prime Minister warns that unfinished projects under the NRRP will lose their European funding, putting investments in health and social services at risk.
Foto ilustrativăGrim economic forecast for Romania hits pensioners and seniors hard
The European Commission forecasts economic growth of just 0.1% and inflation of 7% in 2026, which will dramatically erode pensioners' purchasing power.
Inflation Figures Explained: What Pensioners Need to Know About Purchasing Power
Inflation calculated differently by INS (10.7%) and Eurostat (9.5%) directly affects the pensions and purchasing power of Romanian seniors.