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.
Romania’s interim president Ilie Bolojan is set to appoint former prime minister Dacian Cioloș as honorary advisor starting March 20, according to an announcement from the Presidential Administration. He will be responsible for involvement in coordinating and monitoring the implementation of Romania’s strategic partnerships. Dacian Cioloș served as the prime minister of the technocratic government between […]
One of the most acclaimed and highly regarded pianists in the world, Martha Argerich, will return to the stage of Romania's George Enescu International Festival for two concerts in August and September. More specifically, on Sunday, August 31, Martha Argerich will perform at the Palace Hall, interpreting Piano Concerto No. 1 in C major, Op. […]
Romania still holds the highest road fatality rate in the European Union (EU), with 77 deaths per million inhabitants, despite declines of 4% in 2024 compared to the previous year and 21% compared to 2019, according to preliminary figures published by the European Commission (EC) on March 18. The EU average was 44 road deaths per […]
Salina Praid, one of Europe's largest salt mines, will host Romania’s first underground gastronomic festival, Taste of Transylvania Underground, from March 28 to 30. The event will showcase top chefs from Romania and Hungary, including Michelin-starred restaurants, in an extraordinary setting 100 meters below ground, local news agency
On March 18, InterCapital Asset Management (ICAM), the largest independent investment manager in Croatia, listed its second ETF (Exchange Traded Fund), tracking Slovenia’s main stock market index. The ETF’s full name is InterCapital SBITOP TR UCITS ETF and it trades on the Bucharest Stock Exchange (BVB) under the ticker symbol ICSLOETF, replicating the SBITOP TR […]
Bucharest Coffee Festival returns this weekend, from March 21 to 23, at Hala Laminor, bringing together coffee professionals and enthusiasts from Romania and abroad. The 2025 edition will host over 200 exhibitors, including producers, roasters, and distributors, across a 5,000-square-meter space. Attendees can explore a wide variety of specialty coffee, accessories, and brewing equipment, with […]
