The CFA Romania macroeconomic confidence index reached 69 points this October, up 4.1 points from the previous month, shows a release of CFA Romania. "The increase was due to the expectations component. Thus, the current conditions index was 67.5, similar to the level registered in the previous reporting period, and the expectations index advanced 6.2 points to 67.9 points," reads the release. As for the euro/leu exchange rate, the median expectation is 4.4500 for a 6-month horizon (similar to the level registered in the previous reporting period). The expected inflation rate for the 12-month horizon (October 2016/October 2015) registered a median value of 0.65 percent (as to 1 percent in the previous reporting period). CFA Romania is the association of Romania's investment professionals who hold the Chartered Financial Analyst's title, a qualification managed by U.S.-based CFA Institute, which joins 144 members worldwide. CFA Romania has over 160 members.
Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week. The dam registered a drop in water levels, leading to problems in the water distribution system. […]
A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]
Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland. The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I...
Monarc Development announces the acquisition, from a private investor with a strong reputation in premium real estate developments, of the strategic management and sales operations for a major urban project in Sector 1, valued at €27.5 million. The project is now being repositioned under the new identity Monarc Grivița 166, a contemporary serviced-residences concept with […]
Inter Computer Romania, part of Inter Computer Group (ICG), one of the largest IBM Platinum partners in Central and Eastern Europe, announces reaching €5 million in signed projects for 2025, an indicator of the accelerating demand for digitalization, data security, and AI-ready infrastructure initiatives. The company continues the development strategy announced at the beginning of […]
Former MEP Vlad Gheorghe has withdrawn from the race for the Bucharest City Hall and urged people to support the candidate of the National Liberal Party (PNL), district 6 mayor Ciprian Ciucu. The announcement was made in a press conference on Tuesday, December 2, alongside the latter. To motivate his decision, Gheorghe pointed at the […]
