EU

Inflation reached 7.9% in Romania in February. The largest increases were in Lithuania, Estonia, and Czechia. France has the lowest inflation rate in the...

By Jerom Bolt Inflation is rising sharply in the European Union, both in the euro area and in the rest of the states, according to the latest Eurostat press release. The euro area annual inflation rate was 5.9% in February 2022,...

The European sunflower oil market will be dominated, in 2022, by Romania, Bulgaria, and France

By Edwig Ban The military conflict between the Russian Federation and Ukraine has immediate consequences in food supply flows as well. These include cereals and oilseeds, especially sunflowers. Both the Russian Federation and Ukraine, the largest European producers, and among...

European Commission presents estimates of GDP growth and other key indicators of the EU’s economic situation in 2021-2023

By Constantin Radut The EC's Winter 2022 Economic Forecast report highlights the narrowing of economic growth gaps over the next two years between the EU's Western and Eastern economies. What stands out in 2021 is the strong growth in the CEE...

Romania, the EU champion of the total population that owns the homes in which it lives

By Andra Beltz Over 96% of Romania's population lived in a privately owned home in 2020, the highest percentage among European Union member states, Eurostat statistics show on Thursday, according to the national news agency Agerpres. At the level of the...

EU-Viet Nam free trade agreement

By rbj ***Joint press statement by EU Trade Commissioner Cecilia Malmström and Minister of Industry and Trade Tran Tuan Anh on the occasion of the signing of the Free Trade Agreement and the Investment Protection Agreement between Viet Nam and...

EU between the infatuation of Germany, the tears of Italy and the marginalization of the Eastern Europe

By Constantin Radut A video summit was held yesterday between the officials of the EU member states. The objective of the summit was European solidarity with the almost desperate situation brought about by the health crisis determined by SARS CoV-2....

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% / GDP to 40.3%. According to the statistical data, the lowest EU tax rates are registered...

Romania in competition with France for the export of wheat in 2019/2020

By Jerom Bolt The wheat exports from the European Union continued to increase in the last week, between July 1 and September 2, the exported quantity is 3.9 million tonnes, 20% more than in the similar period of last year,...

Romania, the fourth largest producer of oil in the EU and the second one after the reserves discovered

By Emea Riga Romania was last year fourth in the European Union in terms of oil production, with 3.6 million tonnes, down 2% year-on-year, according to a report by the British company BP worldwide. The main producer in the EU was...

Romania ranks 8th among European car manufacturers, ahead of Hungary and Poland

By Edwig Ban Romania was last year on eighth place in EU production of cars, surpassing Poland and Hungary, according to a report by The European Automobile Manufacturers' Association (ACEA). The eighth place in the top European builders was predictable, as...
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The Romanian firefighters are present in France to support the French forces who are fighting the climacteric flames

By rbj Two C-17 Globemaster III aircraft from the Multinational Strategic Transport Unit and a C-27J Spartan aircraft of the...
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ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces that its subsidiary Bico Industries...

Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...

The annual inflation rate stagnates. Will the Central Bank succeed in reaching the target for 2022? The BNR missed the inflation target in the...

By rbj The annual inflation rate in July 2022 compared to July 2021 is 15%, slightly decreasing from 15.1%, and compared to December 2021 it...

Topoloveni plum magic, wins another market in Asia, that of Vietnam, through the Discover European Treasures European program

By rbj "Sonimpex Topoloveni continues its presence at international fairs where it promotes the Romanian gastronomic tradition through the "Topoloveni Magiun din prune" Brand. The...