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Industrial producer prices in Romania increased 11.8% in June 2021

Romania's National Institute of Statistics (INS) announced on Tuesday that the industrial producer prices for the total domestic and non-domestic market increased by 11.8%...

France furious on the UK’s travel rules ahead of new review

The French government redoubled its criticism of the UK decision to maintain Covid restrictions on visitors from France while easing them for most European...

European factories hire workers at record pace to fill orders

Euro-area factories are hiring new workers at a record pace to keep up with persistently strong orders, according to Bloomberg.  Job creation was particularly pronounced...

Belarus Olympic athlete seeks asylum, enters Poland’s embassy in Tokyo

Belarusian Olympic sprinter Kristina Timanovskaya is seeking asylum in Europe after walking into Poland's embassy in Japan on Monday, a day after refusing to...

Romania ponders ”appropriate response” against Iran, after Mercer Street attack

Romania announced on Monday that it reserves the right to deliver an ”appropriate response” against Iran, together with its allies, after the drone attack...

Erste Group revises Romania’s 2021 growth outlook to 6.7%

Erste Group revised an upward forecast for Romania's 2021 economic growth from 4.2% (in Q1) to 6.7%. The Austrian group expects that the growth...

Eurozone rebounds strongly, inflation above ECB target

The European Union's statistics office Eurostat said on Friday that its initial estimate of gross domestic product in the 19 countries was the growth...

Commission approves acquisition of Telekom Romania by Orange, subject to conditions

The European Commission said it has conditionally approved the proposed acquisition of fixed-line operator Telekom Romania Communications (TKR) by Orange Romania, a unit of...

Unit 2 of Cernavodă NPP disconnected from grid

  Nuclearelectrica, the operator of Romania's sole nuclear power plant (NPP) Cernavoda, said on Thursday that the plant's Unit 2 was automatically disconnected from the...

Arctic Stream has started trading on BVB

Arctic Stream, a Romanian IT infrastructure and security integrator founded in 2017, was listed today, July 29th, on Bucharest Stock Exchange’s AeRO market. The...