Analysts surveyed by Economica.net reveal expectations for an interest rate hike at the monetary board of the National Bank of Romania (BNR), possibly of 50 bp to 2.25%, perhaps accompanied by further widening of the interest rate corridor that would push up further the Lombard interest rate. "We expect the National Bank of Romania to increase the key interest rate from 1.75% to 2.25%. We also anticipate the widening of the corridor formed by the interest rates of permanent facilities around the monetary policy interest rate to +/- 1.00 pp, from +/- 0.75 pp now," said Valentin Tataru, chief economist of ING Bank. Adrian Codarlasu, vice president of CFA Romania Association, believes that Poland hiking the rate by 50 bp this week to 2.25% sets grounds for an increase in Romania's monetary policy interest rate by 0.5% as well, compared to the initial expectations for 0.25 bp hike expressed by the Association. He also warned that the headline inflation might hit 10% YoY in May-June, judging from the factory-gate inflation of 32% (in November) recently announced. Ionut Dumitru, Raiffeisen Bank's chief economist, points out that Raiffeisen Bank's forecast envisages a policy interest rate of up to 2.5% by mid-2022 and 3% by the end of 2022. "We expect the BNR to catch up with colleagues in Central and Eastern Europe and offer a key rate hike of 50 bp to 2.25% at the next January 10 interest rate meeting. The excess liquidity after high public spending at the end of the year should support such a decision. The BNR should remain a net debtor to the banking system for the next two months," he explained.
The Ministry of Sound Classical show will arrive in Romania for the first time in 2026. The event will take place at Romexpo - Pavilion B in Bucharest on December 12. The Ministry of Sound Classical concept blends iconic dance tracks with the power of a live symphony orchestra. The Bucharest edition will feature a […]
Residential developer Alesonor announced the appointment of the technology group for construction services STRABAG Romania as the general contractor for the construction of Phase II of the Amber Forest suburb, located in Tunari, Ilfov County - close to Bucharest. The project includes building a residential area that will include 172 housing units, comprising a total […]
Stanford professor and psychiatrist Dr. Anna Lembke, one of the most influential international voices in the field of addiction and mental health, will speak in Bucharest about digital dependency, burnout, and the attention crisis in the business environment at Impact Bucharest 2026. Lembke, the author of the global bestseller Dopamine Nation: Finding Balance in the […]
Bucharest’s flexible office market expanded strongly in 2025, with new deliveries tripling year-on-year and total stock reaching 74,000 sqm across 48 locations. The segment now accounts for more than 2% of the city’s modern office inventory, according to data released by real estate services firm iO Partners. Total flex supply grew by 8.1% compared with […]
Starting July 1, Romania will take over the rotating presidency of the South-East European Cooperation Process from Bulgaria until June 30, 2027. According to a statement from the Ministry of Foreign Affairs, Romania’s mandate will last one year and will be officially taken over at the SEECP Summit in Sofia, scheduled for June 2026. The institution […]
Bosch has appointed Dan Lăzărescu as director of its Engineering Center in Cluj, effective January 2026, in addition to his role as the group’s representative in Romania. The move marks a strategic step aimed at strengthening synergies between Bosch’s Romanian divisions, the company said. Lăzărescu, who has served as general manager of Robert Bosch S.R.L. […]
