03.15.2021

Romania's central bank on Monday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more

03.10.2021

Romania's seasonally adjusted unemployment rate grew to 5.6% in January from 5.2% in December, data from the country's statistics board showed Wednesday. more

02.01.2021

Romania's seasonally adjusted unemployment rate fell to 4.9% in December 2020, lower by 0.2 percentage points than 5.1% in November 2020, data from the country's statistics board showed Monday. more

01.28.2021

Romanian state-owned lender CEC Bank is launching a personal loan with a fixed interest rate of 10.40% per year, which can be contracted exclusively online, without making any trips to the bank, via more

01.28.2021

The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in loans. more

01.25.2021

Capital city of Bucharest registered 15,251 jobless people (of whom 8,167 women) at the end of December 2020, taking the unemployment rate to 1.28%, lower by 0.78% compared with November, according to more

01.21.2021

Courtyard Bucharest Floreasca by Marriott Hotel, which opened in northern Bucharest in 2019, ended last year with a quarter of the occupancy rate owner Lithuania’s Apex Alliance had estimated. more

01.18.2021

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, plunged to 1.59% a year on Monday (Jan more

01.15.2021

Romania’s central bank on Friday (Jan 15) surprisingly lowered its main monetary policy rate to a new record low of 1.25% a year, from 1.50% a year, starting Monday (January 18, 2021). more

01.14.2021

Romania's annual inflation rate stood at 2.1% in December 2020, the same as in November, and in line with the central bank's forecast, data from the country's statistics board showed Thursday. more

01.12.2021

The household saving rate reached on average 16.9% (a record high) between January and September 2020, higher by 2.3 percentage points compared with the average recorded in 2019, stated Andrei more

01.08.2021

Romania's seasonally adjusted unemployment rate inched down to 5.1% in November 2020 from 5.3% in October, data from the country's statistics board showed Friday. more

12.22.2020

Hotel operators in Romania expect an annual average occupancy rate of 31% in 2021, compared with 24% in 2020, when the market saw an average decline in profit of 73% for January-October, per a survey more

12.22.2020

Romania's unemployment rate reached 5.2% in the third quarter of 2020, lower by 0.2 percentage points than the level reported in the previous quarter, data from the country's statistics board showed more

12.02.2020

Romania's seasonally adjusted unemployment rate inched up to 5.3% in October from 5.1% in September, data from the country's statistics board showed Wednesday. more

11.12.2020

Romania's central bank on Thursday decided to keep its benchmark interest rate unchanged at 1.5% a year, but lowered minimum reserve requirements on foreign currency liabilities to 5% from 6%. more

10.30.2020

Romania's seasonally adjusted unemployment rate inched down to 5.2% in September from 5.3% in August, data from the country's statistics board showed Friday. more

10.01.2020

Romania's seasonally adjusted unemployment rate inched down to 5.3% in August from 5.4% in July, data from the country's statistics board showed Thursday. more

09.25.2020

Romania's seasonally adjusted unemployment rate stood at 5.4% in the second quarter of 2020, from 4.3% in the first quarter, as lockdown measures during the second quarter impacted the labor market, more

09.03.2020

Home appliances production in Romania increased to over 6 billion lei last year, 8.5% more than in 2018, but was driven only by some companies. more

09.01.2020

Romania's seasonally adjusted unemployment rate grew by 0.1 percentage point to 5.4% in July 2020 compared to 5.3% in June 2020, data from the country's statistics board showed Tuesday. more

08.12.2020

Romania's annual inflation rate grew to 2.8% in July from 2.58% in June, data from the country's statistics board showed Wednesday. more

08.06.2020

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, fell to 2.05% a year Thursday, from 2.15% a year Wednesday, after more

08.05.2020

Romania's central bank on Wednesday decided to lower its benchmark interest rate by 25 basis points to 1.5% a year from 1.75% starting August 6. The bank also lowered its lending and deposit more

07.30.2020

Romania's seasonally adjusted unemployment rate remained unchanged at 5.2% in June, the same as in May, data from the country's statistics board showed Thursday. more