Government

Romania’s public debt ratio reached 49.7% of GDP in November 2023

Bucharest, January 31, 2024 - # RBJ (Source: Agerpres) - Public administration debt (government debt) increased, in November 2023, to 769.907 billion lei, compared to 753.009 billion lei in the previous month, according to data published by the Ministry...

EC, Spring 2023 Economic Forecast: Romania has the best economic growth forecast for this year and next year. Poland, Hungary, Czechia, after Romania

The European Commission on Monday improved its estimates for Romania's GDP growth this year and next year and maintained its inflation projection for 2023, according to the spring economic forecast. The Romanian economy would register an increase of 3.2% in...

The Bucharest government adopted the decision to establish the Investment and Development Bank of Romania

By RBJ Today, the Government's decision regarding the organization and establishment of the Investment and Development Bank was adopted, the Minister of Finance, Adrian Câciu, said in a press conference. "I would like to emphasize the fact that this Investment...

European Parliament: Hungary has a “hybrid regime of electoral autocracy; Hungary can no longer be considered a full democracy

By RBJ The European Parliament on Thursday adopted a report in which it condemns the "deliberate and systematic efforts of the Hungarian government" to undermine European values ​​and calls for results in the process provided for in Article 7 of...

For the first time in the last 30 years, Romania’s public debt has exceeded the 50% of GDP threshold in the first months of...

By Edwig Ban The debt of the public administration (government debt) stood, in February 2022, at 596.9 billion lei, increasing compared to the level of 591.55 billion lei recorded in the previous month, according to data centralized by the Ministry...

Romania’s public debt is fast approaching 50% of GDP

By rbj The debt of the public administration (government debt) stood, in December 2021, at 576.562 billion lei, a strong increase compared to the previous month (November 2021) when it was 557.886 billion lei, according to data centralized by the...

Aluminum production and other strategic areas will be supported by the delivery of electricity from state-owned companies

By Jerom Bolt The untimely increase in the price of electricity puts in difficulty not only the budgets of household consumers but also those of large industrial producers. One of them, ALRO Slatina (one of the largest producers in Europe)...

Romanian government is being vile manipulated by the US ambassador to Bucharest

By Constantin Radut It is less than two years since lawyer Adrian Zuckerman was sent by Donald Trump as US ambassador to Bucharest. In a year and 10 months, Zuckerman managed to make the Romanian Government a doll that plays...

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 GDP, according to the centralized data of the Ministry of Public Finance. Of this, the amount...

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 2015-2018 based on the figures reported by EU Member States in the second notification of...
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Romania recorded the largest increase in construction works in 2023

Bucuresti, 10 February, 2024 - # RBJ - In December 2023, compared with November 2023, seasonally adjusted production in...
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SeedBlink launches ESOP Design program to help Romanian entrepreneurs reward their employees through shares

The program is adapted to the specific legal and tax environment in Romania. It is made in collaboration with Mavers Tax Advisory and Andronic...

Algeria is taking the place of Russia, slowly but surely, in the gas supply of Central Europe

Bucharest, February 17, 2024 - # RBJ (photo: Algerian gas pipelines to Italy and Spain) - Last week, the German Vice-Chancellor and Minister of...

Romania-Italy: action plan that will strengthen the relations between the two states to a higher level

Rome, February 15, 2024 - # RBJ (Source: Agerpres) - Romania and Italy are entering a new stage of development of their consolidated strategic...

The Economist Impact Events presents the fourth edition of the Romanian Business & Investment Roundtable Conference in Bucharest, between April 3-4, 2024

Bucharest, 15 February, 2024 - # RBJ - The Economist Impact Events and its official representative for South East Europe, Hazlis & Rivas, together...