Commercial banks active in the Romanian market reported an aggregated average liquidity surplus of RON 26.9 bln in October, a considerable reduction from RON 39.5 bln in September, according to published statistical data by the National Bank of Romania (BNR), quoted by Economica.net....
Banca Transilvania (BT), the biggest financial group in the country, said that it successfully completed its merger with OTP Bank Romania, strengthening its position as the market leader with a 23% market share. The integration boosts BT's assets by 9%, its loan portfolio by 13%, and expands its presence, particularly in Bucharest and central Romania. […]
Drone fragments found on March 1 in Romania’s south-eastern Galați county are of Russian origin and carried an active combat payload, the Ministry of National Defense (MApN) announced in a press release. The fragments were found 500 meters from the border with the Republic of Moldova. The explosive payload was detonated...
Rates of decline in output and new orders soften Stocks of purchases increase for the first time on record Sharp and accelerated rise in input costs, but charge inflation cools Latest data provided signs that the decline across the Romanian goods-producing lost momentum midway through the opening quarter of the year. Although conditions remained challenging, […]
If Russian president Vladimir Putin, who invaded Ukraine in 2022, is not stopped, "he will certainly go to Moldova and perhaps further, to Romania," French president Emmanuel Macron warned in an interview with several French newspapers quoted by Le Monde. The statement came after the...
The government of Romania will continue to cap the price for "a large part of the electricity purchased by the Republic of Moldova" from domestic producers in Romania, acting president Ilie Bolojan declared during a press conference held in Chisinau on February 28 with counterpart Maia Sandu,
A rally estimated at tens of thousands of participants from all over the country was organized by the far-right party AUR and its smaller newly emerged partner POT in favor of pro-Russian isolationist and former presidential candidate Calin Georgescu in Bucharest on March 1. The rally was organized by AUR, the party of far-right politician […]
