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Banking & Finance

      Banking & Finance

      The financial market brought down OTP Bank Romania; the Hungarian bank’s market share remained insignificant, below 2%

      Bucharest, 24.05.2023 – The bad news about Hungary continues. After the isolation, until the exclusion from the Visegrad Group, the strained relations with Brussels, the...
      Banking & Finance

      Inflation in the EU: Hungary is the champion again in April. Romania shows a significant decrease in the Eastern Bloc

      Brussels, April 17, 2023 – Inflation is starting to deflate in most states in the European Union, excluding Hungary, which continues to break all...
      Banking & Finance

      The Board of the National Bank of Romania decided to keep the monetary policy rate at 7.00 percent per annum

      According to today's press release of the central bank of Romania, The annual inflation rate fell significantly in March 2023, down to 14.53 percent...
      Banking & Finance

      The inflation rate is decreasing in the EU. In the Eastern bloc of the European community, Romania, Bulgaria, and Slovenia have the lowest levels

      Today, Eurostat published the annual state of inflation in March 2023. Both in the euro area and in the EU as a whole, this...
      Banking & Finance

      The National Bank of Romania decided to keep the monetary policy rate at 7.00 percent per annum

      In its meeting of 4 April 2023, the Board of the National Bank of Romania decided: >>>to keep the monetary policy rate at 7.00...
      Banking & Finance

      The annual inflation rate was 15.5% in February, from 15.1% in January

      By RBJ The annual inflation rate increased to 15.5% in February 2023, from 15.1% in January 2023, in the conditions in which food goods rose...
      Banking & Finance

      The EC approves the establishment of the Romanian Investment and Development Bank, with an initial capital of 1.6 billion euros

      By RBJ The European Commission has approved, based on the EU rules on state aid, a measure adopted by Romania, in the amount of 1.6...
      Banking & Finance

      The foreign exchange reserves at the National Bank of Romania increased by over 6 billion euros in 2022

      By RBJ The foreign exchange reserves at the National Bank of Romania (BNR) stood at 46.636 billion euros in December 2022, compared to 45.594 billion...
      Banking & Finance

      Inflation breaks the record in November: 16.8%; food products, the most expensive

      By RBJ The annual inflation rate rose to 16.8% in November 2022, from 15.32% in October, due to the increase in the price of food...
      Banking & Finance

      Government debt dropped to 47.6% of the GDP

      By RBJ Public administration debt (government debt) amounted, in September, to 646.073 billion lei, compared to 628.289 billion lei in August and 577.521 billion lei...
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      Romania: Palace of Parliament

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      Aeropspace & Defence

      Nemesis AI, the technology developed by OVES Enterprise, Romanian company, is used in EAGLS™ counter-drone systems deployed by the U.S. Army in the...

      Cluj-Napoca, Romania, March 11, 2026 - RBJ - OVES Enterprise, Romanian software development company with expertise in building complex...

      Romania: Cantacuzino Castle

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      The Romanian Business Journal
      Constantin Radut
      Editor in Chief
      031721 Bucharest, Romania
      phone:+40 725 511 887 office.rbjournal@gmail.com; office@romanianbusinessjournal.ro

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