The annual inflation rate in the European Union rose to 2.7% in May, from 2.6% in April, while Romania is, for the fifth month in a row, the country with the highest inflation in the EU bloc, shows the data published on Tuesday by the European Statistical Office (Eurostat). In May, the EU member states with the lowest annual inflation rates were Lithuania (0%), Finland (0.4%) and Italy (0.8%). At the opposite pole, the EU member countries with the highest inflation rates were Romania (5.8%), Belgium (4.9%) and Croatia (4.3%). Compared to April 2024, the annual inflation rate decreased in 17 member states, including Romania, from 6.2% to 5.8%, remained stable in two countries and increased in 14 member states. In the euro zone, the annual inflation rate stood at 2.6% in May, up from 2.4% in April. Eurostat data show that core inflation, i.e. what remains after the prices for volatile goods such as energy and food are removed, rose to 2.9% in May, from 2.8% in April. Another indicator that, in addition to energy and food prices, also excludes cigarette and alcohol prices, rose to 2.9% in May, from 2.7% in April. Core inflation is the indicator closely followed by the ECB when elaborating its monetary policy decisions. In the case of Romania, the National Institute of Statistics (INS) previously informed that the annual inflation rate dropped, in May 2024, to 5.12%, from 5.9% in April, under conditions in which food commodities they increased in price by 1.24%, non-food by 6.38%, and services by 9.29%.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
