Seven former United States ambassadors to Romania signed a joint letter one week before the second round of the presidential elections on May 18, warning of the dangers posed by a pro-Putin president, G4media.ro...
The inflation rate might be, this year, slightly under 8%, but probably in the first quarter of 2024 we will have an increase of prices, as there will be new taxes, stated on Thursday, in a conference of economic issues, Adrian Codirlasu, vice chairman of CFA Romania.‘We are on a dropping trend of inflation. This year might be closed with an inflation rate slightly under eight percentage points. The disinflationist process will continue next year as well, but it will not be easy (…) we will have an episode in Q1 of increase of prices, after which the inflation will continue to drop. I would say that we could get somewhere towards 6% at the end of next year, even slightly under. I think that we will have higher inflation for a long time, we will get to the target of 2.5% with much difficulty. Until then, no central bank gave a sigh of raising the target’ explained the CFA Romania representative.In August, BNR revised upwards, at 7.5% the inflation prognosis for the end of this year and at 4.4% for the end of 2024.The specialists and consultants in the banking system recently participated in the online conference with the topic ‘The evolution of interests in the context of inflation adjustment’.
Seven former United States ambassadors to Romania signed a joint letter one week before the second round of the presidential elections on May 18, warning of the dangers posed by a pro-Putin president, G4media.ro...
Romania won eight medals, namely two gold, two silver, and four bronze, at the Under-21 European Table Tennis Championships in Bratislava, Slovakia. Eduard Ionescu and Darius Movileanu won gold in the men's doubles, after defeating the pair Andre Bertelsmeier (Germany) / Tiago Abiodun (Portugal) in the final with a score of 3-1. The win came […]
Bog’Art Residential, part of the Bog’Art Group, a developer of premium residential properties in Central and Northern Bucharest, acquired a plot of land in an ultra-central area of Bucharest and formed a strategic joint venture with a Spanish investor for the development of a boutique residential complex valued at about EUR 20 million. The project […]
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of EUR 70.7 mln in Q1 2025 and a gross profit of EUR 22.6 mln, while the net profit for the three months stood at EUR 19.3 mln. “The first quarter of 2025 unfolded in a […]
The Romanian team participating in the 2025 Asian Physics Olympiad, held in Saudi Arabia, achieved the remarkable performance of winning seven medals, namely two gold, two silver, and three bronze medals, as well as an honorable mention. The competition, now in its 25th edition, was held in Dhahran, in the Kingdom of Saudi Arabia, with […]
Interim president Ilie Bolojan said on Monday, May 12, that he would vote for independent candidate Nicușor Dan in the second round of Romania’s presidential election. Dan, the current mayor of Bucharest, runs against George Simion, the leader of the far-right party AUR, in the election scheduled for May 18. In an interview with