Romania’s headline inflation remained steady at just under 4.9% y/y in April, in line with consensus expectations, as the average prices increased by a mere 0.07% in the month, according to the data published by the statistics office INS on May 13. Core inflation remained at 5.3% y/y as well.
The National Bank of Romania (BNR) is expected to keep the monetary policy rate at 6.5% at its May 16 monetary board meeting, while expectations about the next rate cut range from August to after...
Austria’s Addiko Group has entered Romania’s digital banking market with personal loans offered exclusively through its mobile app, seeking to gain ground in one of the region’s fastest-growing financial sectors. The company operates across Central and Southeastern Europe and is entering the local market under the EU’s banking license passporting regime via its Slovenian subsidiary. […]
Local authorities in Brașov County announced on Wednesday, August 20, the signing of the Partnership Agreement for the preparation and implementation of the “Brașov Metropolitan Train” project. The project aims to connect the country’s youngest airport to the national railway network. The initiative comes after an agreement between the Brașov County Council, the Brașov municipality, […]
Romanian police officers were praised for an operation that allowed the seizure of 600,000 fake dollars in a single raid, according to the European police agency Europol. The investigation, led by Austria, Portugal, and Spain, was carried out between October 2024 and March 2025 and revealed several new criminal networks involved in counterfeiting currency. Most […]
Roughly 75% of Romanian employees are willing to go through professional retraining to overcome an economically unstable period, according to a survey by job platform eJobs. The data comes as Romania is bracing for a tough economic period and increased taxation, and job security becomes a prime concern. When it comes to retraining, candidates admit […]
Netherlands-based photographer Ilona Schong has been named the People Photographer of the Year in the non-professional category at this year's International Photography Awards (IPA) for her series documenting life inside traditional Romanian homes. In her series, titled Inside Romania, she captures Romanian villagers in their still-traditional households. "Welcomed with warmth and generosity, she witnessed moments […]
Romanian president Nicușor Dan confirmed on August 20 that he is likely to pay an official visit to the United States early next year, provided preparations proceed as planned. A few days ago, foreign minister Oana Țoiu said that president Dan is expected to visit the United States and meet with president Donald Trump in the […]
