The Macroeconomic Confidence Indicator of CFA Romania Association went up by 0.4 points in November, to 33.7 points. “This situation was due, on one hand by the increase by 2.2 points of the current condition aspect, and on the other hand, the drop by 0.5 points of the anticipation aspect. The anticipated inflation rate for 12 months went up to an average value of 10.68%. “Inflation anticipations returned to the growing trend, showing a two figure inflation for 2023. The drop of the purchase power due to inflation will influence consumption next year. In these conditions, 2023 economic growth anticipations dropped to a value of 1.3%”, says Adrian Codirlasu, CFA – vicepresident of the CFA Romania Association. As for the euro/leu exchange rate, over 90% of participants anticipate a depreciation of the leu in the nexy 12 months (compared to the present value). Thus, the average anticipation value for 6 months is 5.0279 lei for 1 euro, while for 12 months the average value is 5.1021 lei for one euro. The state budget deficit anticipated for 2022: the average anticipation value dropped to 6.6% and for 2023the estimated value is 6.2%. For 2023 the anticipate GDP increase is 1.3%. The public debt in GDP grows to 56% in the next 12 months.
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale. Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]
With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]
