Category: Uncategorized

The National Bank of Romania (BNR) at its May 15 board meeting kept the policy rate at 6.5%, which did not surprise analysts, who are predicting a rate cut no sooner than 2027, a monetary authority’s release reads. BNR reiterated its expectations for a substantial downward correction of the headline inflation in 2026 Q3, generated…

Representatives of Metinvest, the industrial group controlled by Ukrainian businessman Rinat Akhmetov, held talks with Romanian authorities regarding possible solutions for the financially troubled Liberty Galați steel plant, formerly known as Sidex, according to Profit.ro. Yevhen Shelekhov, head of mergers and acquisitions at Metinvest, met Mihai Jurca, head of the Romanian prime minister’s chancellery, to…

The Ministry of Finance concluded in May 2026 the weakest Fidelis issue in the history of the program: about RON 714 million in equivalent, less than in any other month in the six and a half years since the launch of government bonds intended for the population, Ziarul Financiar reported. After it hiked the coupons…

Romania’s interim prime minister Ilie Bolojan, in an interview for Hotnews.ro on May 15, questioned the future of the small modular reactor (SMR) project developed by state-controlled Nuclearelectrica (BVB: SNN) in partnership with smaller private partner Nova Power and Gas, based on the still not tested (deployed) technology developed by US company NuScale. Nuclearelectruca will…

Romania finished in third place at the Eurovision Song Contest 2026, with singer Alexandra Căpitănescu earning 296 points for her performance of Choke Me in the Grand Final held in Vienna. She received 232 points from the public televote and 64 points from the professional juries. The competition was won by Bulgaria, represented by DARA…

Rating agency Fitch has upgraded CEC Bank’s long-term issuer default rating (IDR) from BB to BB+, with a stable outlook, and assigned long-term and short-term deposit ratings of BBB- and F3, respectively. The long-term deposit rating is positioned two notches above the bank’s viability rating, reflecting Fitch’s assessment of the high level of depositor protection…

The Alliance for the Unity of Romanians (AUR) remains the leading party in Romania’s voting intentions but has slipped to its lowest level in the past year, while the Social Democratic Party (PSD) has strengthened its position, according to a CURS poll published on Thursday, May 14. The poll pictures AUR at its lowest score…

The Romanian Ministry of Finance and tax agency ANAF will launch a new mobile application called iBon aimed at helping users verify whether fiscal receipts were issued correctly. The free app will become available for download on May 18 through the Google Play and Apple App Store platforms, the ministry said. The app allows users…

The first edition of the “Romanian Excellence Gala in Germany” will take place on May 16 in Friedberg, celebrating the achievements and contributions of the Romanian community in Germany. Organized by the Ciuleandra Bavaria Association under the patronage of Romania’s Department for Romanians Everywhere, the event is expected to gather around 150 guests from the…

Tășuleasa Social Association announced the inauguration of the first accommodation module on the Via Transilvanica hiking route, marking a new step in the development of tourism infrastructure along Romania’s famous long-distance trail. The modular lodging unit was opened in the village of Șapartoc, in Mureș County, and is designed as a model for sustainable rural…