Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025
Romania's trade balance deficit (FOB/CIF) increased by 35.1 per cent in the first two months of 2025 compared to the same period last year and reached approximately 5.62 billion euros, according to data released on Wednesday by the National Institute of Statistics (INS).Over January-February 2025, FOB exports amounted to 15.15 billion euros, up by 0.7%, and CIF imports amounted to 20.76 billion euros, up by 8.2%.Important shares in the structure of exports and imports are held by the product groups: machinery and transport equipment (45.5% in exports and 34.4% in imports) and other manufactured products (28.2% in exports and 28% in imports).The value of intra-EU27 trade in goods was 10.65 billion euros for dispatches and 14.78 billion euros for imports, representing 70.3% of total exports and 71.2% of total imports.The value of extra-EU27 trade in goods, between January 1 and February 28, 2025, was 4.50 billion euros for exports and 5.98 billion euros for imports, representing 29.7% of total exports and 28.8% of total imports.The FOB (Free on Board) price is the price at the border of the exporting country, which includes the value of the good, all transport costs to the point of embarkation, as well as all taxes that the good must bear in order to be loaded on board.The CIF price (Cost, Insurance, Freight) represents the price at the border of the importing country, which includes both the components of the FOB price and the cost of insurance and international transport, the INS specifies.
Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025
President Nicusor Dan on Thursday said that all political parties currently engaged in discussions - the Social Deocratic Party (PSD), the National Liberal Party (PNL), the Save Romania Union (USR) and the Hungarian Democratic Union of Romania (UDMR) - want to join the government.'I am very pleased that all the parties engaged in discussions want […]
More than half of Romanians think that PSD, PNL, and UDMR should be included in the next government, according to an INSCOP Research barometer conducted between May 26–30, 2025. “Survey participants were asked to indicate, for each parliamentary party, whether they believe that party should be part of the next government. Thus, 59.5% of […]
Cuda, Sirin and a marine drone are three types of Romanian military UAVs which are set to enter production this year at CARFIL Brasov, a subsidiary of the National Company ROMARM. They were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures - the first international expo-forum dedicated to the […]
The French Ambassador in Bucharest, Nicolas Warnery, stated, on Thursday, during a press conference, that there was "a systematic disinformation campaign" regarding his country during the presidential elections in Romania."Basically, we have witnessed a systematic disinformation campaign, sometimes with malicious interpretations, with mistakes, with lies, with the aim of harming France. Who is winning […]
Background Romania’s medium-term fiscal framework calls for the fiscal deficit to decline gradually from about 8 percent of GDP in 2024 to 7 percent in 2025 and 3 percent (or less) by 2031. With limited scope for expenditure consolidation ? given the low expenditure-to-GDP ratio ? revenue mobilization is imperative. In the short term, […]