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There is a consensus among analysts on expectations for no change in the Romanian central bank’s monetary policy rate (6.5% currently), despite the expected slow economy, until at least the first quarter of 2026. More insights are expected from the August Inflation Report, which should reflect the monetary authority’s expectations for the impact of the…

Romania’s retail sales volume index increased by 1.8% y/y in the second quarter of the year (Q2), decelerating from +3.5% y/y in Q1 and +8.6% y/y in 2024, according to data published by the statistics office INS. In seasonally-adjusted terms, the sales volume inched up by 0.2% q/q in Q2, after a similarly moderate advance…

Romania’s modern retail market expanded to 4.73 million square metres by mid-2025, but remains unevenly distributed across the country, with more than two-thirds of total space concentrated in a few regions, Cushman & Wakefield Echinox reported. The capital Bucharest and the broader Centre-West region – encompassing Transylvania and Banat – account for over 60% of…

The Embassy of the Russian Federation was the sole foreign mission to send a message of condolences following the death of Romania’s former president Ion Iliescu, notes Iulian Anghel in a column in Ziarul Financiar. The message came 24 hours after the Romanian authorities officially announced Iliescu’s death. No other embassy had publicly commented or…

The Romanian government has initiated the process to appoint new leadership for the Agency for Monitoring and Evaluation of the Performance of Public Enterprises (AMEPIP), Economedia.ro reported. The move follows the creation of selection commissions through an order signed by the General Secretariat of the Government. The procedure is critical to unlocking EUR 330 million…

Romania’s National Agency for Fiscal Administration (ANAF) has issued a warning to companies and individuals after identifying irregularities in value-added tax (VAT) declarations, Economedia.ro reported. The discrepancies were uncovered through recent digitalisation initiatives aimed at improving the agency’s monitoring capabilities. According to ANAF, a significant number of taxpayers have been recording purchases made for personal…

The Constanța City Hall, in partnership with the Constanța Casino, is set to host a special cultural event on Saturday, August 9. For the first time, a multisensory concert will take place on the seafront in front of the iconic Casino, featuring classical reinterpretations of music by Coldplay and Imagine Dragons. The open-air concert will…

The first self-service mobile phone repair shop in Romania opened in the city of Iasi, aimed at promoting sustainability and the right of users to maintain their own devices in safe and efficient conditions.  The initiative aims to promote the right to repair, following European Directive 2024/1799, to support the tech community and DIY repair…

Ukrainian refugees living in Cluj County, central Romania, have restored a playground in the suburb of Florești as a sign of gratitude for the support offered by Romanians after the start of the war in Ukraine. According to representatives of the Association of Ukrainian Youth in Romania (or ATUR), this project was entirely funded and…

The Brașov Jazz & Blues Festival returns for its 13th edition from August 14 to 17, transforming the city into a multi-stage celebration of jazz, blues, gospel, and live improvisation. This year’s edition will take place in seven locations across Brașov and nearby areas, featuring live music, film screenings, jam sessions, and family-friendly activities. The…