The National Bank of Romania (BNR)'s Board has decided, on Tuesday, to raise the monetary policy interest rate to 3.75%, from 3% per year previously, starting with May 11, 2022, informs the central bank.At the same time, the representatives of the institution decided to raise the interest rate for the lending facility (Lombard) to 4.75% per year, from 4%, but also to increase the interest rate for the deposit facility to 2.75% per year, from 2% per year."The Board of the National Bank of Romania, meeting today, May 10, 2022, decided the following: raising the monetary policy interest rate to 3.75% per year, from 3.00% per year, starting with May 11, 2022; increasing the interest rate for the lending facility (Lombard) to 4.75% per year, from 4.00% per year and increasing the interest rate for the deposit facility to 2.75% from 2.00% per year, starting with May 11, 2022; maintaining firm control on the liquidity on the currency market; to keep the existing levels of minimum reserve requirement ratios on both RON- and foreign currency-denominated liabilities of credit institutions," the BNR release shows.
Romania registers one of the highest shares in Europe of people aged over 16 with disabilities who are at risk of poverty or social exclusion, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania. A total of 38.4% of people with disabilities in the country were at risk of poverty or […]
New research by Revolut Business among 150 Romanian business decision-makers (CEOs, CFOs, and COOs) revealed that local companies prefer to invest their money in modernizing their IT infrastructure and automating outdated systems rather than in artificial intelligence. When asked where the largest budget increase will go this year, ‘modernizing IT infrastructure and cloud migration’ takes […]
Romania’s modern retail market surpassed the 5 million sqm threshold in 2025, following the delivery of around 190,000 sqm of new retail space, about 20% above the average of the past five years, according to an annual report by Colliers. Despite a more moderate economic backdrop, 2026 is expected to bring roughly 240,000 sqm of […]
Romanian business leaders remain optimistic for 2026, with 86% of C-suite executives surveyed in Forvis Mazars's C-suite barometer: outlook 2026 expecting growth. This is slightly below the 92% reported globally and down from 90% in 2025. While confidence is strong locally, Romanian executives are more cautious than their global peers, reflecting the region's economic and […]
As one of the largest economies in the world, Germany is without a doubt one of the best countries to do business in. Economic stability, excellent infrastructure, and trade cooperation with nations worldwide are some of the reasons to launch a company here; however, they are not the only ones. What makes Germany appealing for […]
One United Properties (BVB: ONE) recorded total residential sales and pre-sales of EUR 174.1 million in 2025, corresponding to 57,018 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 577 apartments and commercial units, as well as 768 parking spaces, and represent a 18% price increase. The 18% increase in […]
