01.12.2024

The annual inflation rate posted a faster-than-expected decrease in the first two months of Q4/2023, falling to 6.72% in November, from 8.83% in September, amid the continued slowdown in the growth more

01.12.2024

Romania's central bank has decided at its board meeting on Friday (January 12, 2023) to keep its benchmark interest rate on hold at 7% a year, being the bank's eighth consecutive rate freeze. more

01.03.2024

Romania's foreign exchange reserves stood at EUR59.7 billion on December 31, 2023, up 1.48% from EUR58.8 billion on November 30, 2023 and up 28.1% from EUR46.6 billion on December 31, 2022, central more

12.22.2023

Former finance minister and former Senate speaker in Romania Anca Dragu has been appointed governor of the National Bank of the Republic of Moldova. The decision was voted by 58 deputies, as more

12.14.2023

ROCA Agri RDF, the agricultural holding company launched by ROCA Investments, announces that Romania's central bank has authorized the functioning of AGRO IFN, a Non-Banking Financial Institution more

12.13.2023

Romania's central bank has published the Financial Stability Report, the December 2023 edition, which shows that the main systemic risks to financial stability have remained the same since the more

11.24.2023

Redbee Software, DRUID and Questo are the Romanian technology companies included in the main category of the Deloitte 2023 Central Europe Technology Fast 50 ranking of the fastest growing tech more

11.22.2023

The National Bank of Romania approved the appointment of Maria Rousseva for the position of Chief Executive Officer (CEO) of BRD-Groupe Societe Generale, for a four-year term, in line with a report more

11.13.2023

Romania's current account balance posted a deficit of EUR16.05 billion in January-September 2023, lower by 24% than the EUR21.14 billion level reported in the same period of 2022, central bank data more

11.10.2023

Romania's central bank has kept its inflation forecast at 7.5% for the end of 2023, according to the Quarterly Inflation Report presented by central bank governor Mugur Isarescu on Friday (November more

11.08.2023

Romania's central bank has decided at its board meeting on Wednesday (November 8, 2023) to keep its benchmark interest rate on hold at 7%. more

10.13.2023

Romania's current account balance posted a deficit of EUR13.7 billion in January-August 2023, lower than the EUR18.5 billion level reported in the same period of 2022, central bank data showed on more

10.05.2023

Romania's central bank has decided at its board meeting on Wednesday (October 5, 2023) to keep its benchmark interest rate on hold at 7% a year. more

10.02.2023

Romania's foreign exchange reserves stood at EUR59.23 billion in September 2023, higher by EUR5.3 billion versus August 2023, after Romania had received a tranche of the National Recovery and more

09.27.2023

Most Central and Eastern European (CEE) countries have had a free market economy for only 30 years; as the region’s economies are relatively young, the pursuit of profit remains a central priority more

09.13.2023

Romania's current account balance posted a deficit of EUR11.89 billion in January-July 2023, lower than the EUR15.2 billion level reported in the same period of 2022, central bank data showed on more

09.01.2023

Romania's foreign exchange reserves stood at EUR53.90 billion at the end of August 2023, close to the EUR53.93 billion level reported at the end of July 2023, central bank data showed on Friday more

09.01.2023

The corrective measures of macroeconomic imbalances Romania is facing, especially the budget deficit and the current account deficit, that have been taken so far have either been insufficient or have more

08.07.2023

Romania's central bank has decided at its board meeting on Monday (August 7, 2023) to keep its benchmark interest rate on hold at 7% a year. more

08.01.2023

Romania's foreign exchange reserves stood at EUR53.9 billion in July 2023, higher by EUR519 million versus June 2023, central bank data showed on Tuesday (August 1). more

07.24.2023

Private lending in Romania grew 6.4% in nominal terms (-3.5% in real terms) in June 2023 versus June 2022 to RON375 billion, central bank data showed on Monday (July 24). more

07.14.2023

Romania's current account balance posted a deficit of EUR8.27 billion in January-May 2023, lower by EUR1.66 billion (-16.7%) than the EUR9.93 billion level reported in the same period of 2022, central more

07.13.2023

Razvan Filcescu has been officially approved by Romania’s central bank to take over the role of Vice-President responsible for coordinating all business activities of First Bank. more

07.03.2023

Romania's foreign exchange reserves stood at EUR53.4 billion in June 2023, higher by EUR335 million versus May 2023, central bank data showed on Monday (June 3). more

06.28.2023

Romania's central bank reported a profit of RON1.08 billion for 2022, lower by 46.3% than the level reported in 2021. more