The stock market reacted negatively to the election results, and volatility could manifest itself until the result of the second round of the presidential elections, but we cannot talk about panic, say brokers on Monday."What is happening now on the market is a result of the election results and investors' concerns about what will happen in the second round. Definitely after the second round, things will become certain, meaning we will see the direction the economy, the country, what will happen. Investors' concern is that, depending on the election results, there will be a reaction from international markets, especially from international financiers. And then, I think that what we see now in the market is a precaution, let's say, from investors. They are waiting. I think that for two weeks, we will still have volatility," explained Ovidiu-Lucian Isac, general director of Estinvest.For his part, Antonio Oroian, a broker at Goldring, said that a negative reaction to the election result is now visible, "especially in light of the rather high result obtained by the far-right candidate.""However, given the trading volumes, we cannot speak, at least for now, of a panic among investors. Even so, we are entering political instability again, if we look at the tensions in the governing coalition, and this instability does not help us at all, neither in fiscal-budgetary issues, nor in the perception of foreign investors and rating agencies," Antonio Oroian emphasised.Also, Alin Brendea, a stock analyst at Prime Transaction, believes that the market reaction was negative, but moderate."Any signal that Romania is heading towards an isolationist destination towards the European Union and NATO has the potential to negatively affect market sentiment, in an economy still largely dependent on foreign investment and European funds to maintain its financial balance and economic growth," said Alin Brendea.The Bucharest Stock Exchange (BVB) opened Monday's trading session with a decline in all indices, and the turnover amounted to 26.46 million lei (5.3 million euros), 35 minutes into the trading. Stock market indices recorded decreases between 1.38% and 2.11%.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
