Over 85% of members of the Financial Banking Analysts in Romania (AAFBR) estimate inflation will exceed 8% in 2022, but there is also a moderate to high risk to enter stagflation. AAFBR released a new opinion poll with the specialists' opinion about the impact of the conflict in Ukraine on Romania's economy. 55 AAFBR members answered the questionnaire over March 22- April 8, 2022. “The visibility on economic prospects is lower in the context of the war in Ukraine. However, it is important to watch economic tendencies closely and do this estimating exercise on key macroeconomic aspects, at least on a short term. Therefore, over 85% of AAFBR members consider that inflation will exceed 8% in 2022 and there is a moderate to high risk of going into stagflation. The monetary policy rate is anticipated to grow towards 4% by half of participants in the survey and even towards 5% by a third of participants, considering the need of counteracting high inflation,” says Daniela Ropota, AAFBR president. Inflation reached 10.2% in March 2022, compared to March 2021, this being the highest level since 2004 to the present. The tendency of the EUR/RON exchange rate is rising to an estimated 5 lei for 1 euro in 2022. “In these conditions, economic growth is estimated to slow down significantly this year, reaching 0-2% according to 38% of respondents or even recession in the view of 7%of respondents,” she added. When the survey was made, over 90% of respondents expected a stable or growing tendency of economic sanctions on Russia and there were divided opinions about the process of accelerating obtaining energy from renewable sources in Romania, a more stable tendency on a short term.
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 […]
