News Romania Economy: S&P affirms Romania at ’BBB-’ with negative outlook amid political deadlock
Investing.com -- S&P Global Ratings has affirmed Romania’s long- and short-term sovereign credit ratings at 'BBB-/A-3', maintaining a negative outlook as ongoing political instability threatens the country’s fiscal trajectory. The decision reflects heightened implementation risks surrounding deficit reduction and external balance sheets, even as near-term fiscal consolidation remains surprisingly on track.
News Romania Economy: How Romania’s economy went from a success story to danger zone
Up to a point, Romania’s economy had all the tools at its disposal to become Europe’s biggest success story. Growth outpaced most of the bloc. Incomes rose fast. Foreign investors poured in. But the current situation is not so hopeful. Romania’s economy is in a weak shape, with serious vulnerabilities. And if you contrast “bad shape” meaning risk o...
News Romania Economy: Romanian economy contracts less than expected in Q2
Romania's economy shrank for the second straight quarter in the three months ending June, though at a slower-than-expected pace, preliminary data from the statistical office showed on Friday. On an unadjusted basis, GDP declined 0.
News Romania Economy: Romania to widen subsidy scheme for energy bills -PM
Romania's government will widen energy price caps and subsidies for households and some companies from the start of February to further soften the blow of higher power and gas bills, Prime Minister ...
News Romania Economy: Minister: would-be directive on MNE taxation is a priority for Romania
Provided by Romania Insider "Romania supports all measures to combat fiscal planning. We believe that this project [for minimum effective taxation of profits of Multinational E ...
News Romania Economy: Carrefour Romania sells refurbished smartphones in partnership with Recommerce
Carrefour Romania included refurbished smartphones in its offer following a partnership with Recommerce, a startup specialized in second-hand smartphone refurbishment and trading. Customers can buy ...