growth

The drama of Europe: the drastic decrease in births causes the population to age rapidly and the economy to be without labor force

Bucharest, March 11, 2024 - RBJ - The European Union and, in general, Europe is going through a very dangerous situation. The demographic situation of all EU states is deplorable, causing the population to decrease and human resources for...

Romania will end the year with economic growth of over 5%; government debt reaches 48% of GDP; in 2023 the minimum salary will be...

By RBJ Romania has the most stable economy in the region and will end the year with economic growth of over 5%, according to the Minister of Finance, Adrian Câciu. The year 2023 will be a difficult one, marked further...

A quarter of the EU states have entered the antechamber of technical recession. In Q3 2022, Romania registers a GDP growth of 4.7%, after...

By RBJ Eurostat's flash data for the 3rd quarter show that most EU states are registering a strong slowdown in economic growth. Seasonally adjusted GDP increased by 0.2% both in the euro area and in the EU, compared with the previous...

The Governor of the National Bank of Romania: inflation in 2022 will be approximately 13.9%, and in 2023, 7.5%. Economic growth will be 2-3%

By rbj The National Bank of Romania (BNR) increased the inflation forecast for the end of this year to 13.9% and estimates inflation of 7.5% for the end of next year, according to the data presented on Tuesday by the...

Romania, in the platoon of EU countries with strong GDP growth in Q1 2022 / Q1 2021

By rbj Eurostat today released estimates of GDP growth for both the previous quarter and the same quarter in 2021. The largest growth is in Portugal and Ireland. In most Central and Eastern European countries, growth is strong, with the...

Romania’s GDP growth in the EU’s leading platoon in Q1 2022. Forecasts are contradicted by reality

By Jerom Bolt The signal estimates published today by Eurostat announce a different reality than the estimates of the IMF, the World Bank or the European Commission. In the first quarter of August 2022, the economies of most EU countries...

Pessimistic estimate for the Romanian economy: growth of 2.9% in 2022, unemployment of 5.4%

By Andra Beltz The National Strategy and Forecast Commission (CNSP) revised down by 1.4 percentage points, to 2.9% the growth estimate of the Romanian economy for this year, from 4.3% as previously forecast. In the spring version of the Medium Term...

S&P reconfirms Romania’s BBB-/A-3 rating. The agency reduced the growth forecast for 2022 to 2.1%, and for 2023 to 4.5%

By Jerom Bolt Standard & Poor's has reconfirmed Romania's sovereign debt rating at BBB- / A-3 for long-term and short-term local and foreign currency debt, as well as a stable outlook, the finance ministry said in a statement. According to S&P,...

The National Forecast Commission revises down GDP growth from 4.6% to 4.3% in 2022. The inflation rate at the end of 2022 estimated at...

By Andra Beltz The National Commission for Strategy and Forecast (CNSP) revised down the economic growth forecast for this year to 4.3%, compared to 4.6% than previously estimated, given the inflationary shock of the last quarter of last year and...

Romania’s GDP reached 240 billion euros in 2021, up 7% from the previous year

By rbj Romania's Gross Domestic Product increased in 2021 by 17 billion euros compared to 2019 and reached almost 1,190 billion lei, a historical record, according to the Minister of Entrepreneurship and Tourism, Constantin-Daniel Cadariu. "Romania reaches at the end of...
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Romanian company FlowX.AI launches AI Multi-Agent Evolving Architecture for Banking

Bucharest, June 12, 2025 - RBJ - FlowX.AI unveils FlowX.AI5 , a groundbreaking technology that enables banks and financial...
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The First Virtual Reality Esports Arena Opens in Bucharest. Bucharest joins EVA’s global network, alongside cities like Paris, Madrid, and Kuala Lumpur

Bucharest, June 11, 2025 - RBJ - For the first time, Bucharest locals will get to experience gaming like never before: full virtual reality,...

RAFINOR, the only gold refinery in Romania: “Romanian investment gold is becoming a strategic asset”

Bucharest, June 11, 2025 - RBJ - RAFINOR, the only gold refinery in Romania, reports over 45% increase in demand for investment gold bars...

Romania-India economic partnership exceeds 1 billion euros and aims to expand into IT and innovation

Bucharest, June 5, 2025 - RBJ - The Chamber of Commerce and Industry of Romania (CCIR), in partnership with the Embassy of India in...

Construction of the detrituration facility at the Cernavoda Nuclear Power Plant begins, the first in Europe and the third in the world

Bucharest, June 2, 2025 - RBJ - The state-owned company Nuclearelectrica, which manages the Cernavoda nuclear power plant, in partnership with Korea Hydro &...