Banking & Finance

Banking & Finance

Romania’s trade deficit, the largest in the last 30 years

By Edwig Ban The lack of government incentives to promote exports and the negative effects of the Covid-19 pandemic have led Romania to record the...
Banking & Finance

RECORD INFLATION LEVEL IN OCTOBER: 7.9% COMPARED TO THE SAME MONTH IN 2020

By Emea Riga The annual inflation rate rose to 7.9% in October 2021, from 6.3% in September. An absolute record in the last five years....
Banking & Finance

Polish bank Idea Bank Romania was acquired by Banca Transilvania for 43 million euros

By Emea Riga Banca Transilvania will acquire the shares held by the Polish group Getin Holding from Idea :: Bank, Idea :: Leasing and Idea...
Banking & Finance

City Credit Capital opens in Bucharest the first branch in Europe, under the CIX brand

By Jerom Bolt CIX Markets, a provider of online trading services for private investors, institutions, banks and brokerage houses, enters the Romanian market. The company,...
Banking & Finance

EximBank completes the acquisition of Banca Romaneasca

By Jerom Bolt EximBank has completed the acquisition of Banca Româneasca S.A. (BROM), according to a press release. The tender submitted is part of the...
Banking & Finance

Bank of China, Bucharest branch, an engine for accelerating Romanian-Chinese cooperation

By Andra Beltz On December 16, 2019, the Bank of China ("BOC" or "Bank") organized, at the Parliament Palace, the opening ceremony of Bank of...
Banking & Finance

Neoliberal policy of the Romanian government: Excessive deficit and public debt 10% higher than in 2018

By Constantin Radut The newly installed government in Bucharest, from the National Liberal Party, today made public its first measures for economic policy in 2020...
Banking & Finance

Romania has one of the lowest taxation rates in the EU and lowest taxes on income and wealth (4.9%)

By R. Constantin Today, Eurostat released a report on Taxation in 2018. Eurostat shows that at the EU level, the taxation increased slightly from 40.2%...
Banking & Finance

Paying Taxes 2020: Romania has the best Tax and Contribution Rate (TTCR) in Europe

By Jerom Bolt Paying Taxes, an annual study from PwC and the World Bank Group, helps governments and businesses understand how their tax systems compare...
Banking & Finance

Eurostat, 2018: Romania had a very small public debt: 35% of GDP and a government deficit of 3%

By Jerom Bolt In a release today, the statistical office of the European Union, Eurostat, provides the government deficit and debt data for the years...
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Romania: Palace of Parliament

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Latest News

Conjuncture

IMF classifies Romanian economic growth at minimum levels, the lowest in the last five years and a GDP level among the lowest in Eastern...

Bucharest, April 14, 2026 - RBJ - The IMF's spring report on the World Economic Outlook shows us, if...

Romania: Cantacuzino Castle

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