Capital Markets

Government debt reached 37.1% of GDP

By Emea Riga The debt of the public administration (government debt) totaled at the end of November last year 366.438 billion lei, respectively 37.1% of...

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...

The NBR Board has decided to keep the monetary policy rate at 2.5% per annum

By Andra Beltz The Board of the National Bank of Romania decided in Wednesday's meeting to keep the monetary policy rate at 2.5% per annum,...

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...

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...

Fitch Ratings reconfirmed the rating of the Romanian government debt to BBB- / F-3

By Edwig Ban Fitch Ratings on Friday reconfirmed the ratings for long-term debt in local currency and currency of Romania at "BBB minus", the associated...

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%...

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...

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...

NBR Governor: Romania does not rush with the of euro adoption

By Edwig Ban In its somewhat encrypted style, the Governor of the National Bank of Romania today stressed that our country will not enter the...

Romania: Palace of Parliament

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Polish right-wing opposition urges EU reform, floats possible exit talkssp. A cacophony of declarations in Warsaw

Warsaw, October 29, 2029 – RBJ – According to the Polskie Radio SA portal, citing the PAP news agency,...

Romania: Cantacuzino Castle

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