Greece is interested to expand economic cooperation with Romania in vital sectors for both countries, such as health, energy, transport, constructions, food industry and agriculture, informs the Ministry of Finances.According to a post on the Facebook page of the institution, the minister of finances, Marcel Bolos received on Wednesday the visit of the delegation of the Embassy of the Hellenic Republic to Romania, both states having, besides the geography which determines common projects and strategic collaboration both in the EU and in the NATO. To start, the ambassador of the Hellenic Republic to Romania, Evangelia Grammatika welcomed the efforts of the authorities in Bucharest in favour of accession of Romania to the Schengen Area and OCED. Similarly, she manifested the support of the government in Athens in reaching the objective of accession to OCED which would give Romania financial stability and the guarantee of a safe destination of foreign investors."In order to ensure sustainable economic growth, Romania is considering a predictable fiscal framework to attract foreign investors and vital projects with a major impact on the economy, such as transport, hospital and education infrastructure," Finance Minister Marcel Bolos said in the MF press release. At the same time, Evangelia Grammatika expressed its willingness to expand bilateral economic cooperation in sectors vital to Romania and Greece, such as health, energy, transport, construction, food industry and agriculture. In order to achieve these objectives, Minister Marcel Bolo? expressed his openness to attract foreign investment. With 8,678 companies registered in Romania, Greece ranks 7th in terms of the value of capital subscribed in the list of countries investing in Romania.
The ruling coalition will no longer negotiate with the Superior Council of Magistracy (CSM) and the High Court (ICCJ) on the magistrates’ pensions law but instead will come up with a revised version of the bill by November 18, inviting magistrates’ associations to demonstrate their loyalty by issuing the necessary consultative opinion timely, such to […]
Along with the American investment fund Carlyle, which is said to want Lukoil's assets under a global deal and is already active in Romania through the Black Sea Oil and Gas company as the third largest gas producer in Romania (10%), there are at least two other companies interested, according to Romanian minister of energy […]
Subscriptions under the November 2025 issue under the Fidelis government bond scheme were the weakest in the last six months, signalling a moderation in investor appetite for this form of savings. The state raised only RON 1.3 billion (EUR 260 million), of which approximately two-thirds came from tranches denominated in euros,
The International Monetary Fund (IMF), under its annual Article IV Consultations with Romania, said that the country’s general government budget deficit may drop to 5.8% of GDP in 2026 and suggested further steps for further fiscal consolidation. The Fund’s proposed plan focuses on personal income taxation, which would generate 0.9% of GDP higher revenues by […]
Romania’s current account (CA) deficit widened by 7.5% y/y to EUR 8.8 billion in Q3, despite a slight improvement in the balance of trade in goods (the country’s main source of external deficit), according to data published by the National Bank (BNR). The deficit of the trade in goods contracted by 7.8% y/y (by EUR […]
National Bank of Romania (BNR) governor Mugur Isărescu, on November 14, while unveiling the Inflation Report, argued that the Romanian economy will most likely not record two consecutive quarters of negative growth, which would mean entering a recession, but even in such a scenario, the evolution for the entire year will be positive, of approximately […]
