The national currency has depreciated on Thursday compared to the euro, continuing, practically, its descending trend started last week, the internal political situation having no influence on the exchange rate, believes Adrian Codirlasu, deputy chair of the CFA Romania Association."The course depreciated a little. Practically it continued the depreciation trend started last week. The CFA Romania forecasts are that the depreciation will continue, and for the 12 months horizon is 5.04 RON for a euro, and for the six months horizon it's 4.98 RON for a euro. The euro-RON exchange rate closes this year under 5 RON, to exceed 5 RON next year. What could determine this? On one hand it's inflation, which is higher than that in the euro zone, as well as the macro imbalances at the level of Romania, especially current account imbalances," said Adrian Codirlasu.Asked if the internal political situation influenced the situation of the exchange rate, Codirlasu said "if this government falls this could affect the financial markets because an aversion to risk is created," but that for the moment it had no influence.The national currency reached on Thursday a new historical maximum in relation to the RON, as the calculated exchange rate of the National Bank of Romania (BNR) was 4.9386 RON/euro, a 0.41 ban increase (0.08 pct) over the previous quotation, of 4.9345 RON.The previous record was established on August 30, when one euro was traded for 4.9349 RON.
The Minister of Economy, Radu Miruta is taking over the interim position at the Ministry of National Defense, after the decree appointing him to this position was published in the Official Gazette of Romania on Friday evening.The decree noting the resignation of Ionut Mosteanu, Deputy Prime Minister, Minister of National Defense, was also published in […]
The joint plenary session of the Chamber of Deputies and the Senate in which the Government is to pledge responsibility for the draft law on magistrates' pensions will take place on Tuesday afternoon.The joint standing bureaus of Parliament decided on Friday that the joint plenary session dedicated to pledging responsibility for the Government's draft law […]
Romania is risking a penalty from the European Commission for failing to meet the National Recovery and Resilience Plan (PNRR) milestone regarding the appointments in state-owned companies, but it is not in a situation of fully missing the target, Government Spokesperson Ioana Dogioiu said on Thursday."The Agency for the Monitoring and Evaluation of the […]
The Bulgarian Council of Ministers approved a Memorandum and Plan of Action among the governments of Bulgaria, Greece and Romania, www.actualno.com informs. In this document, the three countries engage in coordinated actions to ensure the future connection between the Aegean Sea, Black Sea and the Danube by joint road and railway projects. The […]
Romania's population is going through a sharp aging process, similar to the global trend, given that, in July 2025, the number of people over 65 exceeded the number of children under 14 by 35.4%, according to data from an insurance company.The demographic aging index increased from 126.8 (as of January 1, 2024) to 132.4 (as […]
The Bucharest City Hall will start the winter holidays on Saturday, with the opening of the Christmas Market in Constitution Square.Also on Saturday, the winter season lights will be turned on and the Bucharest Downtown Christmas Market in University Square will begin, according to a press release sent on Wednesday by the Bucharest Municipality.Thus, on […]
