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Erste Group revised Romania’s GDP growth forecast from 4.2% to 6.7%

Erste Group has revised the economic growth forecast for Romania in 2021 to +6.7% from +4.2% after ”big positive surprises in 4Q20”, with subsequent...

Romania’s GDP increased by 2.8% in first quarter of 2021

The National Statistics Institute (INS) announced on Tuesday that Romania’s gross domestic product (GDP) in the first quarter of 2021 was 2.8% higher than...

Foreign Investors Council perception the Romanian business environment

The Foreign Investors Council (FIC) said on Tuesday that it estimates that Romania will increase and open investment opportunities in 2021 and will register...

ForMin Aurescu: US visa for Romanians, refusal rate at 9-10% while limit is 3%

Romania’s Foreign Affairs Minister, Bogdan Aurescu said that Romanians citizens still need to apply for a visa to travel to the United States due to...

European markets inch higher to start the new trading week

European stocks were cautiously higher on Monday morning as global investors weighed concerns over a rise in inflation and the increase in COVID-19 cases...

Bogdan Ion, EY Romania: FDI will be the foundation of economic recovery in Romania

EY CESA Chief Operating Officer (COO) and EY Romania & Moldova Country Managing Partner, Bogdan Ion said in an interview that foreign direct investment...

Romania’s President announces substantial relaxation of COVID-19 restrictions

President Klaus Iohannis announced on Thursday, that Romania will start from May 15 to implement substantial relaxation of the COVID-19 restrictions as the obligation...

Romania will submit to Brussels PNRR the with entire sum of €29.2 billion

Romanian Prime Minister Florin Cîţu said on Thursday that Romania will submit the National Plan for Recovery and Resilience (PNRR) with the entire sum...

European stocks fall as inflation data shock hits global sentiment

European stocks retreated on Thursday as markets around the world were spooked by the latest U.S. inflation data, according to CNBC. The pan-European Stoxx 600 fell 1.1%...

Bulgaria Announces New Rules for Entry as of May 1

The Bulgarian Health Minister Stoycho Katsarov on Thursday issued an order with new rules for entry in Bulgaria from May 1, according to novinite.com. Individuals arriving...