The Romanian banking system stability is threatened by the recent introduction of the “tax on greed,” which will significantly affect solvability and profitability of the banks and worsen things for the weaker ones, according to the country report for Romania issued by the European Commission (EC) on Wednesday. In the...
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Romania has 454 casinos, which places the country right after the United States, which hosts 2,147 such places and over 600 casino hotels, B1tv.ro reported. Bucharest ranks as the second city, after Las Vegas, in terms of the number of casinos per population....
The candidate of the National Liberal Party (PNL) for Bucharest general mayor, Ciprian Ciucu, is two percentage points ahead of Daniel Băluţă, the representative of the Social Democrats (PSD) in the race, seen so far as the preferred one, according to a survey commissioned by the Liberal Party and published by Cotidianul.ro, as reported by
Romania is nearing the conclusion of a "huge USD 30 billion" investment agreement with the United States covering nuclear, hydro, natural gas, and artificial intelligence-based technologies, energy minister Bogdan Ivan announced last week, according to Ziare.com and
Romania’s minister of economy Radu Miruță said on November 3 that a share of the funds allocated to the country under the European Commission’s Security Action For Europe (SAFE) programme could be used to revitalise the Mangalia shipyard and strengthen the country’s defence and transport infrastructure,
Spanish company Telefónica is considering the acquisition of Digi Communications (BVB: DIGI) of Romania, active at home but also on the markets of Italy and Spain, in a deal that could significantly change the European telecommunications market, according to Ziarul Financiar, citing Spanish publications...
A still significant share of the foreign investors in Romania surveyed by the Foreign Investors Council (FIC), namely 40%, expect their markets to expand, while 47% expect stagnation, leaving a small share of investors undecided or pessimistic. The expectations for external demand are below average, with only 29% of those surveyed expecting higher exports and […]
