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Romania’s consumer price inflation increases to 3.8% y/y in May

Romania's National Institute of Statistics (INS) announced that consumer prices rose 3.8% year-on-year in May, compared to an increase of 3.2% in April. Food prices...

Biden and G7 leaders will endorse a global minimum corporate tax of at least 15%

President Joe Biden and leaders of the G7 group of nations will publicly endorse a global minimum corporate tax of at least 15% on...

SEE largest data centre is being built in Romania

ClusterPower, a hybrid cloud services provider announced, that it will build near Craiova the largest data centre in Romania and one of the largest...

INS: Net investment in Romania up 9.9% y/y in Q1

Romania's National Institute of Statistics (INS) said that the net investment in Romania's economy increased 9.9% on the year in the first quarter of...

BVB: Average daily trading increased by 37%, reaching record levels

The Bucharest Stock Exchange (BVB) announced that the average daily value of transactions performed on BVB with all types of financial instruments doubled in...

Macron vows to continue to meet public despite assault

The French President, Emmanuel Macron has insisted he will continue to meet the public despite security fears after he was assaulted on a walkabout...

Biden embarks on 8-day Europe trip with G7 summit as his first stop

U.S. President Joe Biden departs for Britain on Wednesday on his first trip abroad since taking office, an eight-day mission to rebuild trans-Atlantic ties...

EU Commission sues Czechia and Poland over EU citizens’ electoral rights

The European Commission took Poland and the Czechia to court on Wednesday over their laws that ban citizens from other EU countries from joining...

Pandemic seen driving southeastern Europe warehouse boom

Logistics and warehouse companies are accelerating expansion plans in southeastern Europe where business is expected to boom as the pandemic spurs manufacturers to relocate...

World Bank improves outlook for Romania’s economic growth

The World Bank updated the global economic outlook on Tuesday, stating that Romania's economy will grow by 6% in 2021, fully reversing the 3.9%...