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IMF downgrades estimates of Romania’s economic growth to 1.9 pct in 2024

The International Monetary Fund (IMF) has downgraded its estimate of Romania's economic growth this year to 1.9%, from 2.8% in April, according to the latest World Economic Outlook report, published by the international financial institution on Tuesday. According to the new IMF forecasts, after a...
Europe News

Finance Ministry draws 75 million lei from banks, in addition to Monday’s auction

The Finance Ministry (MF) on Tuesday drew 75 million lei from banks, in addition to Monday's auction, when it borrowed 990.1 million lei through a benchmark government bond issue with a residual maturity of 54 months, at an average yield of 6.54% per annum. The...
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Europe News

Deputies Chamber adopts new mechanism for establishing minimum salary

The plenary session of the Chamber of Deputies on Tuesday adopted a draft law...
Europe News

Euro trades at RON 4.9731

The exchange rate of the national leu currency resulting from the quotations announced on...
Europe News

Guarantee-Return Scheme is successful project unlike waste management system disaster (Environment minister)

The Guarantee-Return System (SGR) is the largest Public-Private Partnership in Romania and the largest...
Europe News

President Iohannis grants Battle Flag to Land Component Command „General Alexandru Cernat”

President Klaus Iohannis signed on Tuesday the decree regarding the granting of the Battle...
Europe News

PM Chancellery official: More sophisticated financial instruments needed, as reliance on EU funding alone not enough

Romania must set in place various financial instruments to attract and mobilize investments, given...
Europe News

Bucharest Stock Exchange opens higher on most indices on Tuesday

The Bucharest Stock Exchange (BVB) opened on Tuesday with an increase in most indices,...
Europe News

EnviMin Fechet: The deposit-refund system helps future generations have a cleaner Romania

Romania's SGR deposit-refund system is a project that has already proven to be quite...
Europe News

President Iohannis: Romania will continue to give the nursing profession the importance it deserves

Romania will continue to give the nursing profession the importance it deserves both nationally...
Europe News

Passenger trains in Romania to run on Eastern European Time from Oct. 27

Passenger rail transportation will switch to Eastern European Time (EET) starting on October 27,...
Europe News

President Klaus Iohannis to pay a visit to Montenegro on Wednesday

President Klaus Iohannis will pay an official visit to Montenegro on Wednesday, at the...
Europe News

Eleven counties to receive infrastructure modernisation funds

Minister of Development, Public Works and Administration Adrian-Ioan Vestea on Tuesday signed 11 new...
Europe News

Finance Ministry draws 75 million lei from banks, in addition to Monday’s auction

The Finance Ministry (MF) on Tuesday drew 75 million lei from banks, in addition...
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Investing 250 million EUR to build Regional Institute of Oncology Timisoara (Health minister)

Health Minister Alexandru Rafila said on Tuesday that 250 million EUR will be invested...
Europe News

IMF downgrades estimates of Romania’s economic growth to 1.9 pct in 2024

The International Monetary Fund (IMF) has downgraded its estimate of Romania's economic growth this...
Asia Pacific News

The head of CNAIR, Cristian Pistol: the Chinese constructor (China Civil Engineering Construction Construction Corporation) is well mobilized on the 8.6 km of Lot...

The head of CNAIR, Cristian Pistol, says that the Chinese constructor (China Civil Engineering...
Europe News

Finance Ministry draws 75 million lei from banks, in addition to Monday’s auction

The Finance Ministry (MF) on Tuesday drew 75 million lei from banks, in addition...

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